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'Window of opportunity is closing': UN warns fossil fuel production plans set to breach Paris Agreement goals

Business Green

Production Gap report reveals governments still plan to produce more than double the amount of fossil fuels in 2030 than is consistent with limiting global warming to 1.5C. This is what climate ambition looks like.".

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The Glasgow Climate Pact: What does it mean for Canada’s climate policy?

Clean Energy Canada

On the plus side, the pact reaffirmed the central importance of 1.5C (our best chance to avoid the worst impacts of climate change), mentions coal and fossil fuels for the first time, and calls for countries to “revisit and strengthen” 2030 climate pledges by the end of 2022 instead of waiting another five years. of warming. (If

Policy 92
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Urgent need to speed up grid reform and development – IEA

Smart Energy International

The IEA in a new report points to signs that grids are becoming a bottleneck to clean energy transitions and that delayed action means prolonging reliance on fossil fuels. This means adding or refurbishing a total of over 80 million km of grids by 2040, which is the equivalent of the entire existing global grid.

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

Business Green

A new report from McKinsey predicts global fossil fuel demand 'will never return to its pre-pandemic growth curve', but warns the world is still on track to badly miss its climate goals. Green hydrogen is tipped to become competitive with other forms of hydrogen before 2040 in most countries.

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

Grist

To achieve the goals of the Paris Agreement, countries will likely need to set hard limits on the extraction of fossil fuels in addition to supporting the deployment of clean energy. 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

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The world’s power grids, 50 million miles’ worth, need a major overhaul

The Verge: Energy

Photo by Costfoto / NurPhoto via Getty Images Governments and utilities need to add or replace the equivalent of virtually all the world’s power grids by 2040 to reliably keep the lights on while cleaning up pollution from the power sector. Of course, there are other major challenges to overcome to reach global climate goals.

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“Embarrassingly Wrong” Tufton Street Net Zero Report Gets Widespread Coverage

DeSmogBlog

The report was also shared by leading climate science denial groups, including Net Zero Watch, the campaign arm of the Global Warming Policy Foundation. It claims that the development of electric vehicles could cost 114,000 jobs, yet quoted a study that said the electric car market could support 246,000 jobs by 2040.