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In one of the world’s most comprehensive energy roadmaps towards net zero emissions by 2050, the International Energy Agency (IEA) has laid out dizzyingly ambitious terms in what producers and consumers must do to meet the Paris climate accord goal of limiting global warming to 1.5oC above pre-industrial levels.
Ehsan Khoman, Head of Emerging Markets Research (EMEA), views that the IEA’s recommendations are nothing short of a complete transformation of the global energy system.
He believes it may prove challenging to transpire at the speed and magnitude as its net zero emissions trajectory necessitates, and instead the roadmap could be designed to provide clarity around the practicalities of increased climate ambition among countries, corporates and investors.
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