Bloomberg: Analysts expect India`s power sector emissions to treble by 2040, blowing the 2C carbon budget, unless clean energy investment increases
China`s economic rebalancing will see its greenhouse gas emissions peak as early as 2025, forecasts Bloomberg New Energy Finance.
Yet rising coal use in India and other emerging Asian markets points to a 5% increase in global emissions from 2015 levels by 2040.
More bullish about renewable energy`s prospects than oil majors are, BNEF`s outlook nonetheless...