Renewables must triple by 2030 to hit net-zero by 2050, says BloombergNEF

BloombergNEF says in a new report that solar and wind must drive most emissions cuts before 2030 to stay on track for net-zero by 2050. Its net-zero scenario targets a combined solar and wind capacity of 31 TW by 2050. A new report from BloombergNEF says achieving net-zero by 2050 hinges on renewables capacity tripling between now and the end of the decade. Its latest New Energy Outlook presents a pathway to net-zero by 2050 called the "Net-Zero Scenario" (NZS). It says the window to reach the target is "rapidly closing," but adds there is still time "if decisive action is taken now. " BloombergNEF ...

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