The energy demand side will reduce carbon by 55%, which is still seriously underestimated

The global climate crisis is intensifying, with extreme heat waves, wildfires, floods and droughts all more frequent than ever. Accelerating the low-carbon transition and building a net-zero economy have become the consensus of all walks of life.

However, the speed of our actions has fallen far short of expectations. According to the estimates of the International Energy Agency (IEA), to achieve the 1.5°C temperature control target by 2050, the global carbon reduction must reach 10-15 billion tons per year, which is about three times the current carbon reduction commitments of various countries. Moreover, the current global temperature has risen by 1.2°C. If we want to achieve the goal of controlling the temperature by 1.5°C, the next ten years will be very critical. This means that we must take immediate action to reduce carbon at “3 times the speed and 3 times the intensity”.

According to statistics, 80% of global carbon emissions come from energy consumption. The low-carbon transition therefore lies largely in the energy transition. Today, governments of various countries are promoting the development of new energy