A forecast of the energy transition to 2050

DNV GL has added a new addition to the energy outlook literature, one that builds a forecast of the ‘most likely’ future leading to around 2.5°C in 2100.

Keeping global warming below 2°C is not likely based on current emission pledges. Investors should consider various scenarios, including scenarios leading to high-end catastrophic changes and low-end scenarios requiring ambitious policies and high transitional risk.