
Fast Transition: A pathway to net zero carbon emissions in North America@weight>
Download our updated executive summary@weight>
Download our Executive Summary
Fill out the form below to download the executive summary of Fast Transition.
Greenhouse gas emissions in the US power sector declined 33% between 2005 and 2019.
Much deeper reductions are required: IHS Markit's 2021 Fast Transition case demonstrates a pathway to net zero economy by 2050 by:
- The near total power sector decarbonization by 2040, with residual carbon emissions fully offset
- Broad electrification of surface transportation and heating loads, leading to a 63% increase in on-grid demand
- A fifteenfold growth in wind and solar capacity from today
- Installation of 175 GW of batteries with 10 hours of storage
- Using flexible demands responsive to when the grid is most stressed - including electrolyzers for hydrogen production
These 5 steps helped to achieve 50% decarbonization economywide by 2035 - and carbon neutrality by 2050.
Fill out the form on this page to download our executive summary of Fast Transition updated for 2021 to learn more.
{"items" : [
{"name":"share","enabled":true,"desc":"<strong>Share</strong>","mobdesc":"Share","options":[ {"name":"facebook","url":"https://www.facebook.com/sharer.php?u=http%3a%2f%2fihsmarkit.com%2fInfo%2f0721%2ffast-transition.html","enabled":true},{"name":"twitter","url":"https://twitter.com/intent/tweet?url=http%3a%2f%2fihsmarkit.com%2fInfo%2f0721%2ffast-transition.html&text=Fast+Transition+%7c+IHS+Markit","enabled":true},{"name":"linkedin","url":"https://www.linkedin.com/sharing/share-offsite/?url=http%3a%2f%2fihsmarkit.com%2fInfo%2f0721%2ffast-transition.html","enabled":true},{"name":"email","url":"?subject=Fast Transition | IHS Markit&body=http%3a%2f%2fihsmarkit.com%2fInfo%2f0721%2ffast-transition.html","enabled":true},{"name":"whatsapp","url":"https://api.whatsapp.com/send?text=Fast+Transition+%7c+IHS+Markit http%3a%2f%2fihsmarkit.com%2fInfo%2f0721%2ffast-transition.html","enabled":true}]}, {"name":"rtt","enabled":true,"mobdesc":"Top"}
]}