The transition from burning fossil fuels and the large-scale emitting of carbon dioxide and other harmful gases to renewable energies needs to happen as quickly as the industry can manage, independent financial think tank Carbon Tracker Initiative founder and executive chairperson Mark Campanale stated this week.
During a September 23 webinar hosted by marine and energy lifecycle solutions company Wärtsilä, he suggested that businesses involved in the energy sector, particularly those using or producing fossil fuels, needed to quickly align themselves with the Paris Agreement, which falls within the United Nations Framework Convention on Climate Change (UNFCCC).
