Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Climate Change Challenge

Pledges at this year’s climate summit to cut carbon emissions are likely to fall far short of the targets needed to avoid heating the planet by more than 2C according to a report in The Guardian.

The UN Framework Convention on Climate Change is due to meet later this year to agree to binding reductions in emissions of carbon dioxide and other greenhouse gases, to be achieved by closing fossil-fuel power stations, building renewable energy plants and improving energy efficiency in homes and factories.

The EU, US and China – which, combined, emit the most carbon – have all indicated the likely pledges they intend to give in Paris towards cutting emissions so that by 2030 global temperatures will be limited to no more than 2C above pre-industrial levels.

But a report by the Grantham Research Institute on Climate Change at the London School of Economics, concludes that action will still leave the world emitting 10bn tonnes of carbon a year in excess of levels needed to prevent global warming from having devastating consequences.  The report authors are calling on nations to work harder to improve the plans they intend to discuss at the climate summit in Paris.

Thank you! Your subscription has been confirmed. You'll hear from us soon.
Sign up to receive Energy Brief, which includes our monthly report on Industry News and Market Price Trends.