Nations will likely burn through their remaining carbon budget in less than a decade if they do not significantly reduce greenhouse gas pollution, a new study shows, blowing past a critical warming threshold and triggering catastrophic climate impacts.
— would consume 10 percent of that remaining carbon budget, making it all but impossible for nations to meet the Paris agreement goal of limiting warming to 1.5 degrees Celsius above preindustrial levels, according to another report released Wednesday.
Yet even as scientists warn of the world’s dangerous trajectory, leaders here at the U.N. Climate Change Conference, known as COP27, have advocated for natural gas as a “transition fuel” that would ease the world’s switch from fossil energy to renewables. At least four new gas projects have been reported or announced in the past 10 days, with several African countries pledging to expand export capacity and supply more fuel to Europe.
Pongratz said it is still technically possible for the world to avoid temperature rise beyond 1.5 degrees Celsius —is needed to avoid disastrous extreme weather, rampant hunger and disease and the collapse of ecosystems on which humanity depends. Yet activists say they are also encouraged by other countries’ growing willingness to embrace a phaseout of fossil fuels. The Pacific island nation of Tuvalu this week joined Vanuatu in calling for a fossil fuel non-proliferation treaty. Kenyan President William Ruto declared that his country would not develop its hydrocarbon deposits but instead invest only in clean energy. Norway’s state owned energy company on Thursday put a hold on plans to develop a new Arctic oil field.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Egypt: COP27 focus should be climate, not jailed activistForeign Minister Sameh Shoukry indicated no shift in position with regard to a jailed activist who is on a hunger and water strike. egypt kprc2 click2houston world
Read more »
Families of imprisoned activists urge more pressure on Egypt during COP27Family members of activists imprisoned in Egypt call on the U.S. and British governments to exert more pressure to free their loved ones during COP27.
Read more »
African nations tell COP27 fossil fuels will tackle povertyAfrican nations must be allowed to develop fossil fuel resources to help lift their people out of poverty, governments said at the COP27 climate talks in Egypt, which welcomed leaders of oil and gas companies sidelined at previous talks.
Read more »
Climate Clock Erected at COP27 Says Richest Nations Owe $31.8 Trillion... and Counting'Wealthier nations have a moral and financial obligation to repair the loss and damage their high emissions have inflicted on the 'developing' world,' said theclimateclock co-creator Andrew Boyd. COP27
Read more »
Show us the money: Developing world at COP27 seeks finance detailsFinance took centre stage at the COP27 climate talks on Wednesday, with U.N. experts publishing a list of projects worth $120 billion that investors could back to help poorer countries cut emissions and adapt to the impacts of global warming.
Read more »
Explainer: COP27: How climate change impacts countries around the worldWhile delegates at the COP27 climate conference discuss the shared problem of climate change, each country will face its own challenges and threats.
Read more »