2min chapter

HSBC Global Viewpoint: Banking and Markets cover image

HSBC Transition Pathways: Unlocking the energy pathway

HSBC Global Viewpoint: Banking and Markets

CHAPTER

Technology Is the Enabler of the Transition to Zero Carbon

Technology featured very strongly in the survey as a catalyst for speeding up the transition. To what extent are the kind of technologies that energy companies need for their transition already available and how affordable are they? We don't get there by all tightening up belts and doing a little bit less, we need to provide the utility in the world economy through low and zero carbon means. And so it's not surprising to me at all that technology is central to this.

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