Wind and solar power capacity expanded rapidly in 2020 while global energy demand cratered because of the pandemic, yet this did not yet reflect a “decisive shift” towards meeting U.N.-backed climate goals, BP said in its annual energy review. Last year witnessed the biggest fall in carbon emissions in more than 75 years, putting the world closer to the path needed to hit a target of keeping global warming below 2 degrees Celsius this century, BP’s 2020 Statistical Review said. “Importantly, there was no sign of the decisive shift envisaged” by the less than 2 degrees Celsius scenario, BP Chief Economist Spencer Dale said in remarks ahead of the release of the review, seen as a benchmark for the industry. “There is a good […]