Decarbonizing industry: emerging roadmaps point to major need for financing radical innovation

摘要

The global objective to limit human-induced warming to 2℃ requires that global emissions are reduced by 50% by 2050. However, industrialized countries need to do much more. The principle of burden sharing embedded in the global climate negotiations implies that industrialized countries should be set on a path towards a complete decarbonization up to 2050 and beyond. The EU has adopted a target of 80-95% reduction by 2050 and the USA had similar targets in 2009; however, these never passed legislation. Several countries have adopted even stricter targets for 2050 such as Denmark, Norway, Iceland, New Zealand and Costa Rica.