The world's energy system is 'no longer fit for purpose,' says energy council chief

South Africa News News

The world's energy system is 'no longer fit for purpose,' says energy council chief
South Africa Latest News,South Africa Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

The council's most recent report forecasts that around half of the global energy system will still not be electrified by 2050.

The council's most recent report forecasts that around half of the global energy system will still not be electrified by 2050, which would mark a blow to many governments' net-zero pledges.

Forty-six countries are pricing emissions by means of carbon taxes or other emissions trading programs, according to data last year from the International Monetary Fund. "The most recent pulse from April shows that the world energy system is no longer fit for purpose," Wilkinson told CNBC's "Squawk Box Asia" Wednesday, in reference to the findings from her organization's Energy Pulse reports which offer snapshots of trends across the energy ecosystem.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Move to electric vehicles could save nearly 90,000 lives in US by 2050, study saysMove to electric vehicles could save nearly 90,000 lives in US by 2050, study saysThe report says that people in the US would have 2.2 million fewer asthma attacks and 10.7 million fewer lost workdays, and the country would net $978 billion in public health benefits with the mov…
Read more »

Move to electric vehicles could save nearly 90,000 lives in US by 2050, study says | CNNMove to electric vehicles could save nearly 90,000 lives in US by 2050, study says | CNNIf gas guzzlers disappeared from US car lots by 2035 and were replaced by zero-emissions vehicles – essentially, electric cars, trucks and SUVs – the nation would see 89,300 fewer premature deaths by 2050, according to a new report from the American Lung Association. But the country would also have to move more toward clean noncombustion electricity – like wind, solar, hydro, geothermal and nuclear - to see the full health benefit.
Read more »

Aviation Won’t Reach Its Goal of Net-Zero Carbon Emissions by 2050, Qatar Airways CEO SaysAviation Won’t Reach Its Goal of Net-Zero Carbon Emissions by 2050, Qatar Airways CEO Says“We will not even reach targets we have for 2023, I assure you,” Akbar Al Baker said at an IATA meeting on Sunday.
Read more »

Airlines call for emissions help in long-haul to net-zeroAirlines call for emissions help in long-haul to net-zeroGlobal airlines called on Tuesday for broad co-operation to reach 'very tough' emission targets and pledged to release interim climate targets next year as the industry aims for a goal of net-zero by 2050.
Read more »

World EV Sales Now 14% Of World Auto Sales - CleanTechnicaWorld EV Sales Now 14% Of World Auto Sales - CleanTechnicaGlobal plugin vehicle registrations were up 70% in April 2023 compared to April 2022. There were 928,000 registrations, making it possibly the last month with fewer than one million sales per month ever for plugin electric vehicles. In the end, plugins represented 14% share of the overall auto market (10% BEV share alone). This means […]
Read more »



Render Time: 2025-02-28 05:55:15