Guardian: “The world cannot afford to wait for a new global climate change agreement to come into force in 2020, because doing so will mean an end to hopes of limiting global warming to moderate levels, one of the world’s foremost authorities on energy has warned.” “Carbon dioxide emissions from energy rose by 1.4% in 2012 to a record high of more than 31bn tonnes, according to a report from the International Energy Agency on Monday, driven in part by a striking 6% rise in emissions from Japan following its phase-out of nuclear power and continuing growth in emissions from China. Fatih Birol, chief economist at the IEA, and one of the world’s most respected energy experts, told the Guardian that greenhouse gas emissions were continuing to rise so fast that pinning hopes on a replacement for the Kyoto protocol would set the world on a path to 5C of warming, which would be catastrophic. …The IEA has calculated that making clean energy investments sooner would be cheaper than leaving them until after 2020. About $1.5 trillion should be spent before 2020 to meet climate targets, it found, but if the investments are left until after 2020 it will take $5tn to achieve the same results. ….Birol said: “I am very worried about the emissions trends. The chance of keeping to 2C is still there, technically, but it is not very great. It is becoming extremely challenging.” ….”Shale gas is not a panacea. It can only be helpful if we see these other low-carbon technologies also [coming into widespread use] if we are serious about 2C.”
Future Today
