The Energy Transition in Word & Deed: Recovery, Decarbonisation, and Financial Risk

This policy outlook provides an abridgement and commentary on the global energy transition. It aims to synthesise major developments and the general contours of debate in the energy transition thus far.

Talk of the energy transition is not new. Yet heightened rhetoric across the policy world (the European Green Deal, net-zero pledges of the world’s major economies; including China, the return of the US to the Paris Climate Agreement), coupled with profound commercial developments, have generated great momentum in the growth story for renewables and associated decarbonisation pathways. This document provides an abridgement and commentary on the global energy transition. The aim is to synthesise major developments and the general contours of debate in the energy transition thus far. This includes: major policy announcements, changes in the fossil fuel industry, and the promise of renewables, all in light of internationally-established climate-related goals.

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