Published on November 14, 2022 by Kim Riley
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Panelists from the power industry, the Biden administration, Congress and the private sector agreed during a Friday COP27 Decarbonization Day session that they continue making gains during what they consider is a decisive decade for delivering results on promises made to reach net-zero emissions that will help decarbonize the sector.
They also agreed that more progress needs to happen — fast.
“Let me be very clear: there’s an urgency here; we’re already past the time when we should have acted more aggressively. We’re paying a heavy price because of the delay. Further delays is another multiplier effect. We’ve got to act now decisively; the costs are severe,” said keynote speaker U.S. Sen. Ben Cardin (D-MD) during the Nov. 11 session entitled “A Recharged U.S. Climate & Energy Landscape: Galvanizing…