John Kerry: energy is ‘turbulent’ w/ regard to $ and supply in light of Russia-Ukraine crisis and the economic response. It’s going to be something ‘we’re going to have to live with for awhile’, but ‘we need to come together’ - calls this a ‘defining moment’ of century #CERAweek
Kerry: the emissions off-ramp will be too steep post-2030 if not enough is done this decade to keep 1.5 degrees/net zero by 2050 in sight. (Hasn’t yet commented on how to balance this with still-real oil, gas demand and med-term energy security needs) #CERAWeek
Kerry: the IEA has identified 46 critical technologies to achieve net zero. The world is behind on delivering 44 of those at economically commercial scale. #CERAWeek
Kerry: ‘we’re so litigious’ that it’s difficult to get grid infra. in place to add stability needed for electrification push. Similarly, infra. needed for greenH2 etc to ‘bring it all together’ #CERAWeek
(Litigation and infrastructure of all kinds are like PB+J @ this point)
(Litigation and infrastructure of all kinds are like PB+J @ this point)
Kerry: natural gas will be a key component of the energy transition — but not unabated gas #CERAWeek
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