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Energy transitions in the power and transportation sectors are key in advancing toward international net-zero targets, but without companies and governments taking action to accelerate low-carbon technologies, the goals may not be realized, according to BloombergNEF.
The research company released its 2022 New Energy Outlook with a focus on two decarbonization pathways – an economic transition and a net-zero scenario. The economic outlook assumes no new policy to enhance clean energy transitions, and the net-zero target looks at advancing energy technologies, including rapid deployments of clean power generation.
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