Decarbonizing Global Industries: Future Scenarios and Policies for Achieving Net Zero Emissions

Kevin Hella Nyapom

Abstract: Global energy is slowly becoming the main discussion topic among many scholars concerned with saving the world from the effects of global warming. To stabilize the climate and keep global warming to 2 ?C, the global industry must completely decarbonize and achieve net zero greenhouse gas emissions by 2050?2070. As the world attempts to decarbonize the different industries that lead to increased carbon waste, they must consider how energy can be regulated to prevent it. This involves evaluating the current trends in energy use and the scenarios that are likely to take place in the future. This paper comprehensively looks at the different scenarios the World Energy Council presented and relates them to the demand and supply side development of decarbonization policies. It further indicates the inevitability of energy use in a world seeking development, especially in developing countries where development is spiking.

Keywords: Global Energy, Decarbonization, Net Zero Emissions, Climate Change, Energy Policies