Decarbonizing the economy seems overwhelming, but the KPMG white paper “The Decarbonization Journey” is a valuable resource for companies seeking to assess how to get started in the near term and developing their own long-term strategies.
The contributing author Michael Hayes, KPMG’s Global Climate Change and Decarbonization Leader, writes: “Creating a low-carbon economy over the next 30 years is going to be one of the greatest challenges ever faced by the human race – we will not succeed unless there is a total and complete focus on decarbonization across all economic sectors.”
Learn what the five pillars to net zero are by reading this report available for downloading from KPMG HERE.
PLM Green Alliance moderator Bjorn Fidjeland recommends reading the KPMG report on “Resourcing the energy transition: making the world go round” which explores the transition to renewable energy, a growing dependence on natural resources other than oil, and the crucial link to the circular economy.
From the KPMG website “A net-zero world is dependent upon renewable energies to replace traditional power sources…. But there is a threat to supplies of the mined mineral and metals that drive these green technologies. In our latest report, Resourcing the energy transition: Making the world go round, we explain how the circular economy can help address these challenges. Reusing, recycling and repurposing metals and materials can contribute to surety of supply, and potentially reduce waste, pollution and carbon emissions by minimizing the need for extraction.”
The graph below, produced by KPMG in the report, on the supply country of origin and uses of rare earth minerals for green energy capture, distribution and storage is especially informative if not somewhat worrisome.
