WEMO24-Compiled Report-Interactive compressed (002) 4154-7882-8116 v.1 - Flipbook - Page 72
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1.
No matter which scenario you look at, achieving 0% fossil
fuels usage by 2050 is unachievable.
2. We’re not just addressing the energy demands of today, but
the increase in demand associated with the growing global
population and improving prosperity of developing nations.
3. We are making progress with the energy transition, but
are not on track with the growth of green energy sources
and need to look at additional mitigation and adaptation
options.
Elfije Lemaitre
Head of Resources & Energy Transition,
Capgemini Americas
Elfije leads our Americas business for Resources &
Energy Transition. Her career has been focused in
the energy and utilities space, with a specialization
in helping companies create and execute
transformation strategies.
Introduction
By now, we all know the crucial importance of achieving net zero
emissions globally. Our carbon budget is running out rapidly,
with 2050 commonly referred to as a “due date”. Agencies
around the world are scrambling to generate scenarios of how
we will get there. The reality is that the challenge is far greater
than most people realize.
The global population will keep growing and nations will
continue to move up the prosperity line – both of which will
generate increases in energy demand. A path to net zero requires
accommodating demand growth while constantly finding new
and better ways to decarbonize our economy.
While we made strong progress over the past decade, the reality
is that we are far from being on track for the 2050 net zero goal.
We must dramatically increase the rate and pace of growth for
carbon-free energy sources, but that alone will remain only part
of the equation. In every realistic scenario, fossil fuels, such
as oil and natural gas, will also continue to play an essential
role in our global energy ecosystem. We need to increase our
focus on how to mitigate their impacts, not just with scalable
carbon reduction technologies, but with policy and behavior
changes as well.
WEMO 2024
Are we on the right pathway to
net zero emissions by 2050?
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