Time Is Running Out, But Net-Zero By 2050 Is Doable. Here’s How


Decarbonization is a buzzword bandied about in policy and corporate circles. But defining it and planning for it are separate challenges. The Low-Carbon Resources Initiative is charting such a course – an effort led by the Electric Power Research Institute and the Gas Technology Institute. To learn more, read Time Is Running Out But Net-Zero By 2050 Is Doable. Here’s How.” Reading this article may require a subscription.

Key Takeaways:

  • This five-year initiative brings together industry stakeholders to accelerate development and to demonstrate low- and zero-carbon energy technologies through clean energy research and development.
  • The initiative focuses on four core pathways:
  • The United States has reduced its annual energy-related CO2 release by about 1 billion tons since 2005. That represents a 14% reduction even as the U.S. economy grew by 28%.
  • The initiative says to reach mid-century targets of 80% CO2 reductions, the U.S. will have to double the current pace over the next 15 years.
  • “We need a portfolio of technologies,” says the Gas Technology Institute’s Mike Rutkowski. “Our initiative will bring scale and financial leverage – working with industry sponsors to multiple success and meet this global challenge.”

Path to 100% Perspective:

Net-zero by 2050 is possible, but it will take a concerted investment in the research and development of clean energy technologies, such as green hydrogen. The Low-Carbon Resources Initiative exemplifies the kind of collaboration that is needed to accelerate the pace of these investments and achieve a decarbonized power system before mid-century.



Photo by Nathan Dumlao on Unsplash