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with outside help, developing countries can move directly from no electricity to clean, affordable electricity, says janu ramchandani of when leaders from across the entire energy spectrum present a report outlining how to decarbonise the cement, steel, plastics, trucking and aviation industries by mid-century with hardly a ripple to the global economy there are grounds for optimism. the sectors emit nearly a third of global dioxide emissions. eradicating these is far harder than for the power sector, but is vital for keeping the rise in global temperature to well below 2°c. the mission possible report comes from the energy transitions commission. advances in renewable energy technology and natural gas make retrofitting coal power stations to enable them to capture and store their carbon emissions no longer necessary, reports the institute for energy economics and financial an*lysis. in its report, holy grail of carbon capture continues to elude coal industry, the ieefa tracks the “dismal performance” of four “wildly expensive” flagship carbon capture projects across north america. more reliable and far cheaper power-generation alternatives exist, it says. if there is any doubt left about the economic advisability of transitioning to renewable energy it is swept away by lazard’s 12th like-for-like an*lysis of electricity generation costs for the owners of as*ets managed by the financial advisory heavyweight. lazard docu*ents how the average cost of electricity from us wind fa*ms undercuts the average cost of electricity from existing coal plants across the scale. solar pv cannot compete with the average cost-range for wind, but beats coal at the top end of coal’s average cost.  - market innovation manager in the power grids division at abb power. even though they are also starting to realise that you need something parallel, with long term price signals that give investors confidence. to invest in infrastructure and allow them to see a decent market return.