This year’s report confirms that consumption and emissions decreases stemming from the COVID-19 pandemic did not lead to a sustained emissions decrease compatible with the 1.5°C global warming objective for 2100. In this chapter, our experts review a wide variety of ways that utilities, policymakers, and private companies can advance their climate change agenda in order to meet mid- and long-term climate goals.

The chapter will cover the following areas:

Climate change global perspective Is pure clean power a fantasy? Renewables, networks and energy transition investments Oil & gas carbon neutrality imperative and best foot forward CPPA North America energy transition Australia energy transition Europe energy transition China energy transition India energy transition Southeast Asia energy transition Energy mix and LCOE Hydrogen as a vector for the energy transition: Legal framework and financing The commitment and actions of states towards climate