Weekend Edition: Well off track for Net Zero
Friday 2nd August 2024Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaimer here.The latest Bloomberg New Energy Outlook seems to show that globally we are way off the mark when it comes to reaching Net Zero by 2050. Instead, the report suggests we could still be pumping 25 gigatons of carbon dioxide into the atmosphere. That’s less than today but not enough of a reduction to contain temperature growth. The numbers are based on Bloomberg’s Economic Transition scenario, which assumes we let the economy drive the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.