To Be Carbon-Neutral By 2050, No New Oil And Coal Projects, Report Says
"This gap between rhetoric and action needs to close if we are to have a fighting chance" of reaching emissions goals, the head of the International Energy Agency says.
Updated May 18, 2021 at 1:07 PM ET
Enough rhetoric, it's time to act: that's the gist of a new report from the International Energy Agency, which says the world must bring about "a total transformation" of its energy systems if it hopes to reach net-zero emissions by 2050 and minimize the worst effects of climate change.
The agency is calling for a string of bold actions and aggressive deadlines in the report, which is a roadmap to zero out carbon emissions, either by reducing them or removing them through technology such as carbon capture.
"We are in a critical year at the start of a critical decade for these efforts,"
