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Wood Mackenzie reports China's surge in low-carbon energy and EVs, alongside global offshore wind and CCS growth.
Wood Mackenzie's report highlights global energy trends, with China leading in low-carbon energy, aiming for 50% low-carbon power by 2028 and 66% electric vehicle market share by 2034. The U.S. expects steady power demand growth due to electrification and the Fourth Industrial Revolution. Offshore wind capacity in the North Sea is projected to reach 240 GW by 2050, and CCS capacity will surpass LNG volumes by 2050.
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