With this paper, Ørsted wants to illustrate that it is possible to halve global emissions by 2030 and limit global warming to 1.5°C, protecting our shared home from runaway climate change. We have the solutions – notably cost-competitive solar and wind energy – required to decarbonise the energy system, which is the biggest contributor to global warming.
However, these solutions need to be scaled globally and it needs to happen quickly. The actions that policymakers, investors, energy companies and businesses need to take to accelerate the green energy build-out are not easy, but they are necessary.
We like to think that our ability to transform from a company with coal, oil and gas at its core to the world’s most sustainable energy company within a decade is proof that profound change is possible. Now, we would like to share our experience on how to make that change happen.
The content of the paper revolves around: