emissions cut

    • Boyan Rashev: A 55% emissions cut is unattainable under a growth scenario

      Boyan Rashev: A 55% emissions cut is unattainable under a growth scenario

      Unless we discover and implement very quickly a revolutionary energy technology - like nuclear fusion, much cheaper batteries or much cheaper “green” hydrogen - there will be no chance to achieve carbon neutrality by 2050. Moreover, CO2 emissions will not even decrease significantly by then. However, it could be expected that most of the money will flow towards renewable energy, energy efficiency, battery production, electrification and hydrogen initiatives as these are seen as “sustainable” investments. Some businesses will benefit a lot but the overall economic impact is questionable. But I tend to be an optimist and I do not believe we will commit a suicide, says Boyan Rashev, environmental management expert and a Managing Partner at Denkstatt.

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