Technology key to meeting Paris Agreement
Electrification and changes to the energy mix, if supported by governments, would mean climate goal is within reach—DNV GL
Existing technology would be enough to contain global warming to the COP21 pledge of 1.5°C but only if the energy transition is backed by strong enforcement of policies set out in the Paris Agreement, according to standards agency DNV GL at its annual Energy Transition Outlook event. Crucially, it also predicts that the transition would be affordable. DNV GL predicts that energy use will peak by 2030, when efficiency improvements start to outpace economic growth. However, although it foresees a rapid energy transition—with a doubling of electricity in the demand mix by 2050 and a steep decline in oil from 2030—it does not expect emissions to fall fast enough to limit warming to 2°C. The fore
Also in this section
11 March 2026
De la Rey Venter, CEO of LNG player MidOcean Energy, discusses strategy, project developments and the prospects for the LNG market
10 March 2026
From Venezuela to Hormuz, the US—backed by the most powerful military force ever assembled—is redrawing not only oil and gas flows but also the global balance of energy power
10 March 2026
By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
10 March 2026
Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
