In The Carbon Productivity Challenge, McKinsey & Company focuses on two objectives — stabilizing atmospheric greenhouse gases (GHGs) and maintaining economic growth — and proposes the world has 50 years to increase the GDP per unit of carbon dioxide equivalents (CO2e) tenfold. A task the authors equate to the productivity improvement delivered during the 100 years of the industrial revolution.
A daunting task for sure, yet the study highlights that current technology allows us to get there provided investments, significant investments, begin soon.