Low-carbon economy

Concentrated solar power parabolic troughs in the distance arranged in rectangles shining on a flat plain with snowy mountains in the background
Wind turbines beside a red dirt road
Mass rapid transit train
1990- Renewable energy production, by source
Examples for methods to transition towards a low-carbon economy: Concentrated solar power with molten salt heat storage in Spain; wind energy in South Africa; electrified public transport in Singapore; and renewable energy sources, especially solar photovoltaic and wind, are providing an increasing share of electricity production.[1]

A low-carbon economy (LCE) is an economy which absorbs as much greenhouse gas as it emits.[2] Greenhouse gas (GHG) emissions due to human activity are the dominant cause of observed climate change since the mid-20th century.[3] There are many proven approaches for moving to a low-carbon economy, such as encouraging renewable energy transition, energy conservation, and electrification of transportation (e.g. electric vehicles). An example are zero-carbon cities.

Shifting from high-carbon economies to low-carbon economies on a global scale could bring substantial benefits for all countries.[4] It would also contribute to climate change mitigation.

  1. ^ "Electricity production by source, World". Our World in Data, crediting Ember. Archived from the original on 1 December 2024. OWID credits "Source: Ember's Yearly Electricity Data; Ember's European Electricity Review; Energy Institute Statistical Review of World Energy".
  2. ^ "Three steps to a low-carbon economy: THE GOAL OF ZERO NET EMISSIONS CAN BE ACHIEVED" (PDF).
  3. ^ "IPCC, 2014: Climate Change 2014: Synthesis Report. Contribution of Working Groups I, II and III to the Fifth Assessment Report of the Intergovernmental Panel on Climate Change. Core Writing Team, R.K. Pachauri and L.A. Meyer (eds.)" (PDF). Intergovernmental Panel on Climate Change. Archived (PDF) from the original on 23 November 2018. Retrieved 22 March 2016.
  4. ^ Koh, Jae Myong (2018). Green Infrastructure Financing: Institutional Investors, PPPs and Bankable Projects. London: Palgrave Macmillan. ISBN 978-3-319-71769-2.

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