The energy transition: Zen objective.

Summary Achieving our energy transition to a net zero emissions (NZE) world will be difficult and costly, but we have no choice. If we want the planet to be livable for our children, we must shift energy production from fossil fuels to decarbonized sources and transform the economy. The climate clock is ticking fast: such a transition cannot waitTechnological progress, changing individual preferences and social norms, fiscal and regulatory policies, green finance. - There are many ways to reduce carbon emissions. Some are more effective, others easier to implement, but none of them, used alone, can be sufficient. We need to mobilize all of them, as part of a package of measures structured around a carbon price that reflects the decrease in the carbon budget.