Fossil fuels to dominate global energy use past 2050, McKinsey says

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WHY IT’S IMPORTANT

Continued use of fossil fuels poses a major challenge to achieving global net-zero climate targets.

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Electricity demand will rise mainly due to a projected 20-40% increase from the industry and buildings sectors by 2050, according to the report, with North American data centres seen as the biggest contributors to the surge.

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