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G7 calls for the end of the fossil fuel age

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Report summary

On June 8 th the G7 agreed to phase out fossil fuels by the end of this century. Some have called this a 'historic turning point' for the world but the key question remains if and how quickly the world could make such a colossal transition. To help answer this question Wood Mackenzie looks at key signposts which indicate the world is already fundamentally changing how we produce and consume energy. Regardless of government policy are we already on a path to the end of the fossil fuel age?

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    G7 calls for the end of the fossil fuel age

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This report includes 8 images and tables including:

Images

  • Decoupling energy demand from economic growth
  • Growth in clean energy versus fossil fuels
  • Drop in China's energy intensity, toward US & EU28
  • China's inflection point, driven by coal demand
  • Global power shift to clean energy
  • Renewables substantial growth in key energy markets
  • Fossil Fuels will deliver 80% of global demand in 2030
  • G7 calls for the end of the fossil fuel age: Image 8

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