Europe’s energy transition will be accelerated – with less fossil fuels in the energy mix and lower greenhouse gas emissions – because of its pivot away from Russian gas.
Is Norway on track to meet its energy transition targets?
Our Pathway report draws on the findings from our Outlook report to answer the question: “How can the world achieve 1.5°C within the bounds of techno-economic and political feasibility?”
The Energy Transition Outlook is DNV’s best estimate of how the energy transition will unfold over the next 30 years, based on our independent model and real-world expertise around the world.
The remaining carbon budget for a 1.5ºC future is withering away. Already by 2029, DNV forecasts this budget will be exhausted. The energy transition must accelerate significantly to avoid the worst impacts of climate change.
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