The world will reach a “sustainability tipping point” by 2035, marking a transition from the age of oil and gas to the age of power and renewables, Wood Mackenzie predicted in a new report released on Thursday.
The consultancy forecast solar and wind would meet nearly one-fifth of global power needs by 2035, displacing the equivalent of roughly 1 trillion cubic metres of annual gas demand.
More than 20% of the distance travelled globally by cars, trucks, buses and bikes will use electric motors...
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