Electrification of the transport, building and industrial sectors could deliver a drop of 60% in greenhouse gas (GHG) emissions between 2020 and 2050 in developed countries like the UK. Bloomberg New Energy Finance’s (BloombergNEF) report Sector Coupling in Europe: Powering Decarbonisation, published on 11 February, stated a further 5% of potential reductions could be achieved with the right changes to policy and market design. It also observed that sector coupling – the electrification of more areas of the economy – would enable European countries to make “substantial progress” to becoming the first climate-neutral continent by 2050.
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