Decarbonisation is the process that involves increasing the level of low-carbon power generation and reducing the use of fossil fuels. This includes the use of renewable energy sources such as solar power, biomass and wind power. You can also reduce the use of carbon power via the massive use of electric vehicles and cleaner technologies.
This can help to reduce carbon density in the transport and power sectors, which can slowly lead to fewer emissions. You can also hire a financial advisor company for your renewable energy project funding. In this guide, you will know everything that you need to know about decarbonisation.
When Does Decarbonisation Happen?
There have been many efforts made to decarbonise in various countries. Around more than 150 governments around the world have offered their plans to reduce carbon emissions by 2030. Changes that have been made include the pledge of Paris to ban diesel vehicles from 2040 and onwards. There also have been schemes to introduce electric and hybrid buses and black cabs in London.
Before you opt forrenewable energy project funding, you need to know that renewable energy sources are also used widely and produce around a third of all power capacity worldwide. With the installation of CCS (Carbon Capture Storage) technology, greenhouse gas emissions from fossil fuel power stations can be controlled. There are various CCS facilities worldwide, and some are being constructed.
What is the Importance Of Decarbonisation?
As decarbonisation was given priority in the Paris agreement, the UK government confirmed that they are committed to decreasing greenhouse gas emissions completely by 2050. The committee on Climate change also suggested that net zero is not only feasible but is cost-effective and necessary.
Decarbonisation is becoming more important with every passing day as the transport sector is electrified, leading to an increase in electric power demand. This is why enhanced energy efficiency is becoming a priority for meeting emission targets and enhancing air quality along with the global temperature.
How Do You Decarbonise?
More energy-efficient and lesser carbon-intense energy sources are important ways by which decarbonisation might be achieved. As you know, the global transport system is run mainly on carbon-based fuels such as petroleum and diesel. But with the wide use of electric scooters can improve the reduction of emissions in the environment.
Why is Decarbonising Urgent?
As per the world economic forum, if you want stabilisation in the climate, then you need full decarbonisation of our energy systems. As per the targets set in 2015, we are lagging, and our current policies might lead to an increase of 2.1°C or even 3.9°C. This makes the situation alarming and decarbonisation more important.
Final Words
As explained above, decarbonisation is important to reduce emissions in our environment. If you need renewable energy project funding for decarbonisation, you need to contact a reputable financial advisory firm that can provide you with so via loans or other ways.
