BUMPS IN THE ENERGY TRANSITION

The global disruptions in energy markets and the war in Ukraine have added impetus to the push for renewable energy and the drive toward net-zero carbon emissions. Yet, even as the global consensus around the energy transition becomes stronger, the challenges to that transition are also becoming clearer.

In addition to the uncertain pace of technological development and deployment, four issues in particular stand out:

The return of energy security as a prime requirement for countries

Lack of consensus on how fast the transition should and can take place, in part because of its potential economic disruptions

A sharpening divide between advanced and developing countries on priorities in the transition

Obstacles to expanding mining and building supply chains for the minerals needed for the net-zero objective

 
Συνέχεια εδώ

 
Πηγή: imf.org