Innovation is the wellspring of the global transition to clean energy. We must focus our efforts on breakthroughs that will accelerate emissions cuts at scale in every sector. To reach net zero in time, we need to scale the solutions we have today and also invent the ones we’ll need tomorrow. We need both the now and the new.
Our Innovate! objective sets price targets for new technologies in five critical areas for speeding this transition: batteries, electricity, green hydrogen, carbon removal, and carbon-neutral fuels. Think of them as leading indicators to signal whether we’re on track to reach our net zero goal by the 2050 deadline.