Emerging Markets Key To Global Energy Transition
Carbon Tracker Initiative & CEEW Report Warns If Emerging Markets Don’t Leapfrog To Renewables, There Will Be No Energy Transition; Says International Community Morally Obligated To Help With Universal Electricity Access
Emerging markets can and must leapfrog directly to renewables for thoer electricity requirements, according to the report, instead of passing through the intermediary stage of building fossil-fuel powered infrastructure first, as it shows in the above diagram.
Cheap Renewables To Undermine Coal In Japan
Carbon Tracker Initiative, Tokyo University & CDP: Challenged By Cheaper Solar PV & Wind Power Japan Could Be Staring At $71 Billion In Stranded Coal Power Assets If Not Retired On Time
The Carbon Tracker Initiative report sees LCOEs of offshore wind, utility-scale solar PV and onshore wind becoming cheaper than the LCOE of coal by 2022, 2023 and 2025 respectively, independent of an additional carbon price or more stringent air pollution regulations.
