How is KR 2.4 Tracking?
The global transition out of fossil fuel power is a colossal challenge. It requires a simultaneous reduction of supply and demand.
For the developed world, that means an immediate halt to building new natural gas plants and continuing to steer clear of new coal installations.
Then the emphasis must shift to shutting down existing coal plants and phasing out natural gas as fast as we can while keeping the grid reliable.
To avoid insupportable cost burdens In the developing world, it may take longer to phase out fossil fuels than in developed nations.