This report was produced in partnership between Carbon Tracker and the Grantham Institute at Imperial College London.

The study analyses the potential for continued cost reductions in solar photovoltaics (PV) and electric vehicle (EV) technologies to displace demand for currently dominant fossil fuels and mitigate CO 2 emissions. In doing so, the report reviews the validity of continuing to base corporate strategies on ‘business as usual’ scenarios.

EXPLORE THE INTERACTIVE TOOL: This accompanying online interactive dashboard allows readers to delve into the scenario results:

carbontracker.org/expect-the-unexpected-dashboard