PwC’s Low Carbon Economy Index (LCEI) 2018 finds the goal of limiting global warming to two degrees looks even further out of reach as national decarbonization rates fail to match up to the Paris Agreement.
China leads the Index, decarbonizing its economy by 5.2% in 2017. China has nearly halved the carbon intensity of its economy in ten years.
The UK has had the fastest low carbon transition since 2000 of all G20 countries. Its absolute carbon intensity is comparable with France, Brazil and Italy.
The top performers in the Index this year are China, Mexico, Argentina and the UK.
The UK remains at the top of the G20 leaderboard for its long-term low carbon transition since 2000, decarbonizing at 3.7% per year. It has reduced emissions by 29% since 2000 while growing the economy by 34%.
The average 2.6% per year drop remains less than half of what is required to limit warming to two degrees. Not one country is on track this year with the decarbonization rate needed to achieve the Paris Agreement goal. Without a dramatic step up in decarbonization efforts, the report warns that at this rate the two degrees carbon budget will run out in less than 20 years.
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
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He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.