, 18 tweets, 10 min read Read on Twitter
THREAD: @BloombergNEF CEO Jon Moore's #BNEFSummit opener, slide by slide 1/
2/ Annual global emissions from fossil fuels. Half of all fossil fuel-related CO2 emissions have been emitted since 1990 #BNEFSummit
3/ Thus, the @IPCC_CH findings on what needs to happen to change our climate change path: zero net emissions in not very much time.
3/ We can see one sector potentially somewhat on that path: power generation. Everything else is up and up #BNEFSummit
4/ Thus, @BloombergNEF's expanded scope and scale beyond power generation and transportation #BNEFSummit
5/ Heat: Heat is nearly 1/3 of all energy demand, and sectors that use a lot of heat, also emit a lot #BNEFSummit
6/ Sectors that use a lot of heat, also emit a lot #BNEFSummit
7/ Just like in industrial output, China's industrial heat demand has a "half of everything" vibe #BNEFSummit
8/ There are three pathways to decarbonizing heat... #BNEFSummit
9/ ...and a range of technologies and resources which can provide different temperatures #BNEFSummit
10/ Thinking about heat requires a matrix approach: sectors, temperatures, and ease of decarbonization #BNEFSummit
11/ On to materials. Amazing development of composites (in place of metals) in commercial aviation airframes in the past few years #BNEFSummit
12/ Here again, China matters - in particular its technology roadmap for vehicle lightweighting #BNEFSummit
13/ Transportation: as passenger vehicle transport electrifies (and takes advantage of the decarbonization of power generation), freight becomes more and more important #BNEFSummit
14/ @BloombergNEF expects a range of commercial freight fuels to be more competitive in 2025, but there's no fuel that wins across the board. #BNEFSummit
15/ Commercial transport applications already have a number of fuels competing for the same applications - but also, specific fuels for specific applications #BNEFSummit
16/ We end with two reminders of how much things can change in not that much time. The first: a look at the Chicago Board of Trade in 1999 (by Andreas Gursky): paper tickets, a scrum of screaming traders...all electronic now, and much of it algorithmic too #BNEFSummit
17/ and another reminder of what can change in two decades: since 2000, we've gone from 17 gigawatts of installed wind and solar, to 1,112 gigawatts. A 65x increase (37x wind, 296x solar) in 19 years. Data via @BloombergNEF, presentation #BNEFSummit /END
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