More about Objective 2.0
At 24 gigatons per year, more than one-third of the global total, the power sector is the single largest source of carbon emissions. We count on electricity for everything from electric lighting to heating our homes and offices to cooking our food. We’ll also need it to charge our growing fleet of electric vehicles.
Electricity is not a source but a carrier of energy. As long as electricity is derived from fossil fuels, whatever we electrify will not be emissions-free. But electricity doesn’t require combustion. It can be created by water pressure, wind, sunlight, and other clean resources.
To achieve this objective, the world’s power sector must restrict itself to an annual emissions budget of just 3 gigatons of emissions by 2050. That’s nearly 90 percent less than the current level. We can get there by achieving the following seven key results.