Taking action to stay within 1.5°C

Transforming the global energy system to combat climate change

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We think it is possible to halve global emissions by 2030 and limit global warming to 1.5°C, protecting our shared home from runaway climate change. We have the solutions – notably cost-competitive solar and wind energy – to decarbonise the energy system, which is the largest contributor to global warming.

 

However, these solutions need to be scaled globally and it needs to happen quickly. The actions that policymakers, investors, energy companies and businesses need to take to accelerate the green energy build-out are not easy, but they are necessary.

 

We like to think that our ability to transform from a company with coal, oil and gas at its core to the world’s most sustainable energy company within a decade is proof that profound change is possible. Now, we would like to share our experience on how to make that change happen.

 

In this paper you will discover:

  • The climate challenge
  • Transforming the global energy system
  • The role of the power sector
  • Key questions about green power
  • Benefits of transforming the energy system
  • Next steps – who can help to speed up green action and how?
  • Ørsted’s transformation from black to green energy

 

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