Clean energy buoys odds for Paris Agreement's preferred 1.5° limit
In 2015, nations committed to hold global warming to no more than 2° Celsius above pre-industrial levels, or preferably 1.5°.
In 2015, nations committed to hold global warming to no more than 2° Celsius above pre-industrial levels, or preferably 1.5°.
Oil producers took issue with a prediction by the energy agency's chief that demand for fossil fuels will peak by 2030.
If accomplished, the goals are significant because the industry accounts for 2.9% of global carbon emissions. Diesel powers most of the world's 100,000 cargo ships.
Some 1,475 out of 4,000+ governments and businesses had net zero emissions targets, but "integrity" measures are lacking.
The mounting frustration and anger over inaction on climate change is compounded by outrage over the many rising inequalities around the world between rich and poor.
Driven by rising energy costs and supply uncertainties caused by the war in Ukraine, governments and businesses increasingly look to solar and wind as reliable energy sources. They will overtake coal, but not for a few more years.
The U.N. climate summit in Sharm el-Sheikh, Egypt gives industry and agency leaders an opportunity to champion nuclear power's possibilities.
From drought in the Horn of Africa to floods in Pakistan, disease outbreaks and climate-related emergencies tag alongside a global food crisis made by worse by Russia's invasion of Ukraine. All add to the pressure for real action at the 27th U.N. climate summit.
Countries set an "aspirational goal" of net zero CO2 aviation emissions by 2050 in response to pressure on the industry to do more to fight climate change.
The world is "sleepwalking" towards ruin as the coronavirus and Russia's war in Ukraine put a 1.5 degrees C. limit further out of reach, the U.N. chief said.
The rise of ESG investing creates an "urgent demand for global standards," says an organization working on them as the next U.N. climate summit nears.
Paris-based IEA advised that limiting global temperature rise to 1.5 degrees Celsius requires an immediate and massive transformation of all energy systems.
A key threshold of the 2015 Paris Agreement against the worst effects of global warming could be reached within five years, WMO warned.
Global CO2 emissions are on track to decline by almost 8% this year from the pandemic causing the biggest downturn in energy use since World War II.
India raised living standards for 1.4 billion citizens by expanding access to cleaner energy sources but must do more for security and growth, IAEA said.
Global oil markets are well-supplied and companies have reserves to meet demand for more than a month despite attacks on Saudi Arabia oil production.