Global energy CO2 emissions could be cut by 70 percent by 2050: IRENA

Global energy CO2 emissions could be cut by 70 percent by 2050: IRENAGlobal energy-related carbon dioxide (CO2) emissions could be reduced by 70 percent by 2050 and completely phased out by 2060, research by the International Renewable Energy Agency (IRENA) showed on Monday. To help achieve this, the share of renewable energy in primary energy supply would need to increase to 65 percent in 2050 from 15 percent in 2015, the report said. An additional $ 29 trillion of energy investment would be needed to 2050, equivalent to 0.4 percent of global gross domestic product (GDP).



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