3min chapter

The McKinsey Podcast cover image

Net zero: Next moves for CEOs

The McKinsey Podcast

CHAPTER

What Are the Risk Reward Trade-Offs?

There is no longer any doubt that the need for conventional energy or fossil based energy rather will decline. I think we're also going to have stranded sustainable asset risk, and competition between different decarbonization pathways. In Europe, there's a huge debate around using biomass as an energy source. Back to demand, I think many CEOs would say, yes, demand will reduce for fossil fuel energy.

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