The global shift towards cleaner energy remains robust even though the pace of the energy transition in the United States has slowed sharply due to recent policy reversals. According to the ninth edition of DNV’s Energy Transition Outlook, the US slowdown will have only a marginal effect on worldwide progress, as momentum continues to build elsewhere – most notably in China. In the US, policy reversals and renewed support for fossil fuels are expected to delay emission reductions by about five years, with annual carbon dioxide emissions projected to be…
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DNV recognized in LEADERS’ quadrant for ESG & sustainability assurance services
DNV, the independent assurance and risk management provider, has been positioned in the leaders’ quadrant in Verdantix’s newly released Green Quadrant: ESG & Sustainability Assurance Services 2024 report. The report benchmarked 14 of the most prominent ESG and sustainability assurance providers globally. To qualify companies needed to demonstrate that they could meet the diverse needs of large, complex organizations, this required a minimum of 1,000 full-time employees, a global presence, and the capabilities to deliver both limited and reasonable assurance services across at least three of the quadrants four key…
Read MoreDNV’s Energy Transition Outlook gives insights into China’s complex energy landscape and its enormous green energy shift
The most comprehensive English-language report on China’s energy transition lays out the enormity of its green energy shift, but also the persistence of fossil fuels in its energy mix. According to DNV’s Energy Transition Outlook China, the country is establishing itself as a green energy leader with an unrivalled build out of renewable energy and export of renewable technology. On the other hand, DNV forecasts fossil fuels will still account for 40% of its energy mix in 2050. Energy independence is a key motivation for Chinese energy policy, but it…
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