The net-zero transition in the wake of the war in Ukraine: A detour, a derailment, or a different path?

Understand global events ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

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Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   AN ARTICLE A DAY, PICKED BY OUR EDITORS There is still much uncertainty surrounding the long-term effects of the war in Ukraine and the humanitarian crisis it has unleashed. In the short term, the war will complicate efforts to address climate change and the path to a net-zero economy. But if leaders take bold steps to boost energy-efficiency measures and adopt renewable-energy alternatives, this could be a positive turning point that accelerates progress in the long term. Don’t miss a new article that delves into what is needed for an orderly net-zero transition and what the future could hold. — Joyce Yoo, digital editor, New York The net-zero transition in the wake of the war in Ukraine: A detour, a derailment, or a different path? The invasion of Ukraine will, at least initially, complicate the transition path to a net-zero economy, but this tragic development could still prove to be a turning point in accelerating progress in the medium run. Understand global events Quote of the Day “Every challenge and roadblock that we’ve faced is around people. That is why we are laser focused on putting systems in place to attract people early, at scale, and in a way that lets us deliver around product and engineering.” —Pradyumna Agrawal, managing director for blockchain at Temasek, on what it takes to build businesses that are scalable and sustainable in a recent episode of the Committed Innovator podcast Chart of the Day See today's chart   Also New Around the world, nurses say meaningful work keeps them going While some surveyed nurses said they plan to leave direct patient care, the effects of COVID-19 on the nursing workforce may be leveling off. Understand worker needs   Decarbonizing the grid with 24/7 clean power purchase agreements In the global struggle to curb greenhouse-gas emissions, renewable power is taking an ever-increasing share of generation capacity. Yet the rise of wind and solar power is creating new challenges in managing the system. Understand green energy   The McKinsey Crossword: Asian American and Pacific Islander Heritage Month 50-Down: Shang-Chi and the Legend of the Ten Rings star Simu Play now   Follow our thinking Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. You received this email because you subscribed to the Daily Read newsletter. Manage subscriptions | Unsubscribe Copyright © 2022 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007