So, whilst the headline news made for sad reading, one thing we could take away as a positive was the assertion that reaching net-zero by 2050 could at least limit global warming to just above the 1.5 degrees Celsius level - which the vast majority of countries signed up to at the Paris climate accords. The science now says we could even see some cooling were this to be achieved too.
But to reach that goal, we all have to start making changes now. Montel as a company might not build renewable energy plants or take carbon out of the atmosphere, but we know everyone has their role in this transition, and we’re proud to be playing our part.
Through our market news and data, we’re showing energy market actors how price drivers are changing as the world looks to decarbonise. By using Artificial Intelligence, we’re helping renewables become more profitable, enabling them to displace fossil-fuelled generation faster.
Our dedicated green desk brings the latest news in decarbonisation to everyone via Energy Transition Weekly and EQ by Montel is even able to quantify the impacts of climate change on power generation where extreme weather events take place.
Everyone, everywhere has their own level of responsibility to ensure we tackle climate change. The science now shows that if our generation of business leaders and individuals don’t take action, there may not be a chance for future leaders to so.
The Montel Group is proud to be playing it’s own role in the green transition and remains committed to guiding businesses through these changing markets, helping us all along in pursuit of net-zero.