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For a livable future, 60% of oil and gas must stay in the ground

Grist

The researchers set out to estimate how much of the world’s fossil fuel reserves must remain in the ground in order to limit global warming to 1.5 This means that global oil and gas production must decline 3 percent on average every year until 2050. “I degrees Celsius (2.7 degrees C above preindustrial temperatures. “If

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IMO GHG Strategy Revision: How Investors Can Push the Needle 

EDF + Business

. “Chicken and Egg” Dilemma The decarbonization of the sector rests largely on the commercialization of zero-carbon fuels and technologies for ships. Robust policies and stringent regulations incentivizing the use of cleaner fuels have the potential to solve this dilemma. Ensuring the adoption of 1.5°C-aligned

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Negative Emission Technologies And Land Use

Energy Innovation

Given the Paris Accord’s aspirations, the climate challenge facing humanity can be expressed in simple terms: halve annual carbon dioxide (CO 2 ) emissions by 2030, halve them again by 2040, and again by 2050. Here we focus on some aspects of land-use and negative emission technologies (NET) dependent on the land.

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The IPCC Synthesis Report: Ten key takeaways for business

Business Green

Business as usual is not working The report is unequivocal that human-caused climate change is affecting weather and climate extremes in every region across the globe, and is set to get worse without a major acceleration in policy action and drastically increased investment in climate solutions. of warming. of warming.

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A fossil fuel demand peak is fast approaching, but will it come soon enough?

Business Green

The update follows a turbulent year for the energy industry - and indeed the global economy as a whole - which has suffered severe disruption from the Covid-19 as enforced lockdown measures and industry shut-downs resulted in plummeting demand for energy. carbon budget for 2100 as soon as the early 2030s.

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'Climate breakdown has already begun': Green figures react to IPCC's landmark climate warning

Business Green

All nations, especially the G20 and other major emitters, need to join the net zero emissions coalition and reinforce their commitments with credible, concrete and enhanced Nationally Determined Contributions and policies before COP26 in Glasgow. "We Without deep carbon pollution cuts now, the 1.5-degree

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'Time to pull the plug': Is pressure on coal-investing banks starting to deliver results?

Business Green

The letters, which are co-signed by CIFF's chairman Graeme Sweeney, argue the banks should "take more tangible actions" to end financing, underwriting, and other financial services to companies with significant coal activity, before ending such financing altogether by 2030 in OECD countries and 2040 elsewhere.