Greenhouse gas emissions in the US power sector declined 33% between 2005 and 2019.

Much deeper reductions are required: S&P Global's 2021 Fast Transition case demonstrates a pathway to net zero economy by 2050 by:

• The near total power sector decarbonization by 2040, with residual carbon emissions fully offset
• Broad electrification of surface transportation and heating loads, leading to a 63% increase in on-grid demand
• A fifteenfold growth in wind and solar capacity from today
• Installation of 175 GW of batteries with 10 hours of storage
• Using flexible demands responsive to when the grid is most stressed - including electrolyzers for hydrogen production

These 5 steps helped to achieve 50% decarbonization economywide by 2035 - and carbon neutrality by 2050.

Fill out the form on this page to download our executive summary of Fast Transition updated for 2021 to learn more.