The contribution of CCUS to the energy transition will vary considerably across countries and regions. In the Sustainable Development Scenario, China sees the largest deployment of CCUS, accounting for around one-quarter of all the CO2 captured cumulatively to 2070. Europe and North America –two other key regions for CCUS activity – also see a big increase in capture capacity. From 2030, CCUS is deployed on a significant scale in other parts of Asia, notably India, and the Middle East. The United States is the global leader in CCUS, accounting for more than 60% of global CO2 capture capacity and half of all planned capacity, underpinned by new policy incentives and a supportive investment environment. The majority of stationary emission sources in the United States are located close to potential geological storage sites: 85% of emissions come from plants located within 100 km of a site and 80% within 50 km. Total potential storage is estimated at...

The energy sector is the source of around three-quarters of greenhouse gas emissions today and holds the key to averting the worst effects of climate change, perhaps the greatest challenge humankind has faced. Reducing global carbon dioxide (CO2) emissions to net zero by 2050 is consistent with efforts to limit the long-term increase in average global temperatures to 1.5?C. This calls for nothing less than a complete transformation of how we produce, transport and consume energy. The growing political consensus on reaching net zero is cause for considerable optimism about the progress the world can make, but the changes required to reach net-zero emissions globally by 2050 are poorly understood. A huge amount of work is needed to turn today’s impressive ambitions into reality, especially given the range of different situations among countries and their differing capacities to make the necessary changes. This special IEA report sets out a pathway for achieving this goal,...

"Global carbon emissions are set to jump by 1.5 billion tonnes this year. This is a dire warning that the economic recovery from the Covid crisis is currently anything but sustainable for our climate."

"As economies rebound, we’ve seen a surge in electricity generation from fossil fuels. To shift to a sustainable trajectory, we need to massively step up investment in clean energy technologies – especially renewables and energy efficiency."

"As economies rebound, we’ve seen a surge in electricity generation from fossil fuels. To shift to a sustainable trajectory, we need to massively step up investment in clean energy technologies – especially renewables and energy efficiency."

Global CO2 emissions declined by 5.8% in 2020, or almost 2 Gt CO2 – the largest ever decline and almost five times greater than the 2009 decline that followed the global financial crisis. CO2 emissions fell further than energy demand in 2020 owing to the pandemic hitting demand for oil and coal harder than other energy sources while renewables increased. Despite the decline in 2020, global energy-related CO2 emissions remained at 31.5 Gt, which contributed to CO2 reaching its highest ever average annual concentration in the atmosphere of 412.5 parts per million in 2020 – around 50% higher than when the industrial revolution began.

In 2021 global energy-related CO2 emissions are projected to rebound and grow by 4.8% as demand for coal, oil and gas rebounds with the economy. The increase of over 1 500 Mt CO2 would be the largest single increase since the carbon-intensive economic recovery from the global financial crisis more than a decade ago, it leaves global...

Vehicle manufacturers and policy makers are boosting their attention and actions related to electric vehicles (EVs). EV technologies such as full battery electric and plug-in hybrid electric models are attactive options to help reach environmental, societal and health objectives.

In addition to being two- to four-times more efficient than conventional internal combustion engine models, EVs can reduce reliance on oil-based fuels and, if running on low-carbon power, can deliver significant reductions in greenhouse gas emissions. Plus, with zero tailpipe emissions, EVs are well suited to help solve air pollution issues. Moreover, EVs are driving advances in battery technology – a key issue for industrial competitiveness in the transition to clean energy.

EV fleets are expanding at a fast pace in several of the world’s largest vehicle markets. The costs of batteries and EVs are dropping. Charging infrastructure is expanding. This progress promotes...

Global

After a decade of rapid growth, in 2020 the global electric car stock hit the 10 million mark, a 43% increase over 2019, and representing a 1% stock share. Battery electric vehicles (BEVs) accounted for two-thirds of new electric car registrations and two-thirds of the stock in 2020. China, with 4.5 million electric cars, has the largest fleet, though in 2020 Europe had the largest annual increase to reach 3.2 million.

Overall the global market for all types of cars was significantly affected by the economic repercussions of the Covid-19 pandemic. The first part of 2020 saw new car registrations drop about one-third from the preceding year. This was partially offset by stronger activity in the second-half, resulting in a 16% drop overall year-on-year. Notably, with conventional and overall new car registrations falling, global electric car sales share rose 70% to a record 4.6% in 2020.

About 3 million new electric cars...

The contribution of CCUS to the energy transition will vary considerably across countries and regions. In the Sustainable Development Scenario, China sees the largest deployment of CCUS, accounting for around one-quarter of all the CO2 captured cumulatively to 2070. Europe and North America –two other key regions for CCUS activity – also see a big increase in capture capacity. From 2030, CCUS is deployed on a significant scale in other parts of Asia, notably India, and the Middle East. The United States is the global leader in CCUS, accounting for more than 60% of global CO2 capture capacity and half of all planned capacity, underpinned by new policy incentives and a supportive investment environment. The majority of stationary emission sources in the United States are located close to potential geological storage sites: 85% of emissions come from plants located within 100 km of a site and 80% within 50 km. Total potential storage is estimated at...

"Not only is clean energy investment still far from what’s needed to put the world on a path to reaching net-zero emissions by mid-century, it’s not even enough to prevent global emissions from surging to a new record."

"Global carbon emissions are set to jump by 1.5 billion tonnes this year. This is a dire warning that the economic recovery from the Covid crisis is currently anything but sustainable for our climate."

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Global CO2 emissions declined by 5.8% in 2020, or almost 2 Gt CO2 – the largest ever decline and almost five times greater than the 2009 decline that followed the global financial crisis. CO2 emissions fell further than energy demand in 2020 owing to the pandemic hitting demand for oil and coal harder than other energy sources while renewables increased. Despite the decline in 2020, global energy-related CO2 emissions remained at 31.5 Gt, which contributed to CO2 reaching its highest ever average annual concentration in the atmosphere of 412.5 parts per million in 2020 – around 50% higher than when the industrial revolution began.

In 2021 global energy-related CO2 emissions are projected to rebound and grow by 4.8% as demand for coal, oil and...

This outlook explores two pathways for road transport electrification in the pivotal decade to 2030. It assesses the projected uptake of electric vehicles (EVs) across transport modes and regions. Then, it explores the implications of electric mobility for charging infrastructure, battery demand, energy demand, GHG emissions and revenue from road transport fuel taxation. This outlook for electric mobility takes a scenario-based approach which build on the latest market data, policy drivers and technology perspectives: the Stated Policies and Sustainable Development scenarios.

"There is no shortage of money worldwide, but it is not finding its way to where it is most needed. Governments need to give international public finance institutions a strong strategic mandate to finance clean energy transitions in the developing world."

The energy sector is the source of around three-quarters of greenhouse gas emissions today and holds the key to averting the worst effects of climate change, perhaps the greatest challenge humankind has faced. Reducing global carbon dioxide (CO2) emissions to net zero by 2050 is consistent with efforts to limit the long-term increase in average global temperatures to 1.5?C. This calls for nothing less than a complete transformation of how we produce, transport and consume energy. The growing political consensus on reaching net zero is cause for considerable optimism about the progress the world can make, but the changes required to reach net-zero emissions globally by 2050 are poorly understood. A huge amount of work is needed to turn today’s impressive ambitions into reality, especially given the range of different situations among countries and their differing capacities to make the necessary changes. This special IEA report sets out a pathway for achieving this goal,...

"There is no shortage of money worldwide, but it is not finding its way to where it is most needed. Governments need to give international public finance institutions a strong strategic mandate to finance clean energy transitions in the developing world."

"Not only is clean energy investment still far from what’s needed to put the world on a path to reaching net-zero emissions by mid-century, it’s not even enough to prevent global emissions from surging to a new record."

The energy sector is the source of around three-quarters of greenhouse gas emissions today and holds the key to averting the worst effects of climate change, perhaps the greatest challenge humankind has faced. Reducing global carbon dioxide (CO2) emissions to net zero by 2050 is consistent with efforts to limit the long-term increase in average global temperatures to 1.5?C. This calls for nothing less than a complete transformation of how we produce, transport and consume energy. The growing political consensus on reaching net zero is cause for considerable optimism about the progress the world can make, but the changes required to reach net-zero emissions globally by 2050 are poorly understood. A huge amount of work is needed to turn today’s impressive ambitions into reality, especially given the range of different situations among countries and their differing capacities to make the necessary changes. This special IEA report sets out a pathway for achieving this goal,...

The energy sector is the source of around three-quarters of greenhouse gas emissions today and holds the key to averting the worst effects of climate change, perhaps the greatest challenge humankind has faced. Reducing global carbon dioxide (CO2) emissions to net zero by 2050 is consistent with efforts to limit the long-term increase in average global temperatures to 1.5?C. This calls for nothing less than a complete transformation of how we produce, transport and consume energy. The growing political consensus on reaching net zero is cause for considerable optimism about the progress the world can make, but the changes required to reach net-zero emissions globally by 2050 are poorly understood. A huge amount of work is needed to turn today’s impressive ambitions into reality, especially given the range of different situations among countries and their differing capacities to make the necessary changes. This special IEA report sets out a pathway for achieving this goal,...

With almost 10% of the world’s population, the 10 member countries of the Association of Southeast Asian Nations (ASEAN) together make up the fourth-largest global economy. The region’s young and expanding population means electricity demand is expected to continue growing strongly in the coming decade.

In addition, the countries of Southeast Asia have committed themselves to meeting a target of 23% renewable energy (excluding traditional use of biomass) in total primary energy demand by 2025. This target, established in the ASEAN Plan of Action for Energy Co-operation, has been implemented in the national plans of ASEAN member states. This commitment brings with it a need for investment in renewable energy capacity and in electricity networks to facilitate the flexibility needed to integrate renewables.

Fostering flexibility also requires increased institutional development, such as continuing regional efforts to expand multilateral power...

"Not only is clean energy investment still far from what’s needed to put the world on a path to reaching net-zero emissions by mid-century, it’s not even enough to prevent global emissions from surging to a new record."