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Up to 2020
Accessible version
Scramble:
Mandated biofuels
Demand for transport fuels leads to a huge focus on biofuels. Substantial rises in food prices follow – especially in countries that use maize as a staple. Interest next grows in advanced technology biofuels that help to address sustainability concerns.
Blueprints:
Global CO2 trading scheme
Incentives/ taxation implemented to reduce energy consumption and CO2 emissions. International CO2 trading scheme gains critical mass. Increased alignment on CO2 pricing slows demand for coal, stimulates energy conservation, and investment in clean energy technologies.
