Green path to growth
Colorado has taken significant steps toward carbon neutrality. Since 2010, the state has more than tripled the amount of electricity it generates from renewable sources: renewable energy now represents 30% of the state's total generated electricity.
Colorado also ranks among the top 10 states for grid modernisation, cleantech venture capital investments and per-capita electric vehicle (EV) adoption, with 58,700 battery-powered vehicles on the road. Colorado has ambitious goals to cut greenhouse gas (GHG) emissions, and its efforts could position it as a national leader in decarbonisation.
Scientists have determined that limiting the Earth's warming to 1.5° C above pre-industrial levels is necessary to avoid the most dangerous and irreversible effects of climate change. This would require reaching net-zero emissions globally by 2050.
The analysis forming the basis of this article, conducted in 2022, shows that a net-zero pathway in Colorado not only would support important levels of decarbonisation but could also become a pillar of economic growth and sustainable, broad-based job creation in the state — creating 190,000 jobs (60% of them long-term operational roles) and contributing $135 billion in total gross value added (GVA) by 2030.... From 'Colorado's Path to Net-Zero Greenhouse-Gas Emissions by 2050', McKinsey & Co
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