Energy-Sector Incumbents: Future Council and Paris Targets

energy-sector incumbents: A slow transition would mean that energy-sector incumbents continue to flourish and we would all but certainly miss the emissions reduction targets enshrined in the 2015 Paris climate agreement, according to The Japan Times. But if the transition is rapid, incumbents will experience varying degrees of disruption the price of keeping the Paris targets well within reach. But the big question for the 2020s and beyond is how fast it will happen. As matters stand, both scenarios are possible, representing two paths that lie before us. ; In a new report for the World Economic Forum's Global Future Council on Energy, we and our co-authors identify four key areas that will determine which path we take. One area where the gradual and rapid scenarios diverge is adoption of renewable energy. The Speed of the Energy Transition offers compelling evidence that the transition is coming fast and that all stakeholders in the global energy system which is to say, everyone must start preparing. (news.financializer.com). As reported in the news.