McKinsey Global Institute’s Post

The energy system is massive, complex, and high-performing. But it’s responsible for over 85% of global CO2 emissions. What challenges lie ahead for the energy transition? ➡️ Swipe to see key messages from new MGI research on navigating the physical realities of the energy transition. Dive deeper in the report: mck.co/physicaltransition

🌍 The International Energy Agency reports a slowdown in global carbon dioxide emissions growth in 2023, with an increase of 1.1% compared to 2022's 1.3%. With overall energy demand on the rise, the slow-down is due to the expansion of clean energy installations. But a slowdown in growth does not achieve the goal of reducing CO2 emissions in order to hit climate goals. https://hubs.ly/Q02ndmc60 There's a lot of work to be done. That's where our technology comes in. Syzygy's innovative solutions are needed now more than ever to drive the transition to sustainable energy and combat climate change. Discover how our Ammonia e-Cracking, CO2-to-Value, and Methane Reforming platforms are revolutionizing the industry. Our technologies have high efficiencies, low electricity usage, and low cost. Learn more at https://hubs.ly/Q02ndm_L0. #CleanEnergy #Sustainability #ClimateAction

Without clean energy technologies, the global increase in CO2 emissions in the last five years would have been three times larger. Proof that clean energy, decarbonization, and global healing are possible… if we have the unity and political will to embrace innovation. https://lnkd.in/gs7iCtX9 #cleaneconomy #ClimateAction #CleanEnergy International Energy Agency (IEA)

Energy Transition is a huge challenge for families, communities and, businesses; download our Energy Transition Report to find out how the UK could support a net zero energy system by 2050. https://lnkd.in/dRj87CRx

Many UK businesses struggle to strike a balance between keeping costs down and meeting the government's climate targets. Without a clear strategy, the right technology, and support, meeting your business energy needs can be even harder. At Tritility, we understand these challenges. Our energy and carbon monitoring system helps UK businesses reduce their consumption and emissions, gain control of spending, and become a part of the solution. Click here to read our new guide to Net Zero: https://bit.ly/4cns7BT #NetZero #Innovation #Technology #Sustainability #Energy #Solar

Unfortunately, Co2 emissions grew by 1.1% according to the International Energy Agency (IEA) https://lnkd.in/eensav4H What are you doing to reduce emissions in your daily life? Make sure to take the steps to do so. But to make a bigger difference we must pressure industry, governments and municipalities to make better strides as quickly as possible #co2reduction #co2emissions

Role of fossil fuels in energy transition is crucial. In 2024 the share of fossil fuels on the primary energy consumption is still close to 81,5%. https://lnkd.in/dXSFgpEh

Highly recommended reading! A deep dive into a comprehensive exploration of what is needed to power the energy transition. This insightful piece offers a unique blend of global and local perspectives from trailblazers in the field including my esteemed former professors at Harvard Kennedy School

Climate Group has released their EP100 Progress and Insights Report, ‘Energy Efficiency: Net zero’s invisible ally’, which reveals how energy efficiency plays a crucial role in achieving zero carbon. The report also highlights how reducing overall energy consumption can accelerate the energy transition. EP100 members, are taking up the challenge and working towards creating a more energy-efficient built environment. Check out the report here: https://bit.ly/48XO7Bn #NZCBCommitment #BuildingTheTransition

🌍 New IEA Report Alert - CO2 Emissions in 2023 🌍 The International Energy Agency (IEA)'s latest report underscores the growing CO2 emissions globally, with a noted 1.1% increase in 2023, despite the advancement of clean energy solutions. It emphasizes the critical role of the building sector in mitigating climate change, particularly highlighting the demand in energy-intensive areas and the impact of weather and health crises on energy usage. 🔍 Key Insights: - Minor global CO2 emission rise, restrained by clean energy adoption. - Significant weather and pandemic effects on energy consumption. - Significant emissions reductions in advanced economies. - Notable emissions surge in energy-dependent regions due to industrial activities. - Leading role of coal demand in emission growth. - The changing landscape of global emissions 💡 Takeaway for our Industry : This underscores the urgent necessity for our sector to pioneer and implement green building designs, promoting energy efficiency and reducing carbon footprints in our communities. For further details, read the full IEA report here :  🔗 https://lnkd.in/guPQxZav 🔗 Follow our page and subscribe to our newsletter to never miss an update ! 👉 https://lnkd.in/eRp8r_9B #IEAReport #greenbuilding #sustainability #ecofriendly #sustainablebuilding #greenarchitecture #sustainabledesign #greenliving #energyefficiency #greenenergy #climatechange