Edition: International | Greek
MENU

Home » EU Actually

The world is falling short of its climate goals

Seven years after the Paris Agreement, in which government leaders pledged to reduce greenhouse gas emissions in order to avoid the worst effects of climate change, they meet each other again in Sharm el Sheikh, Egypt

By: N. Peter Kramer - Posted: Wednesday, November 16, 2022

The outlook for how much the world is expected to warm has improved as policies are adopted to reduce emissions and renewable energy has grown.
The outlook for how much the world is expected to warm has improved as policies are adopted to reduce emissions and renewable energy has grown.

N. Peter Kramer’s Weekly Column

Seven years after the Paris Agreement, in which government leaders pledged to reduce greenhouse gas emissions in order to avoid the worst effects of climate change, they meet each other again in Sharm el Sheikh, Egypt.

The world is still not on track. New data toward lowering emissions released by Climate Action Tracker, an independent research group, ahead of the meeting in Egypt, reveals the gap. None of the world’s four biggest emitters - China, United States, European Union and India – have reduced their emissions enough to meet the Paris Agreement goals. Together these four account for more than half of historical emissions of planet-warming gases, including carbon dioxide and methane. The US is the largest historical emitter and China is the largest current emitter.

The policies of the big four have an outsize impact on the future of Earth’s climate. The outlook for how much the world is expected to warm has improved as policies are adopted to reduce emissions and renewable energy has grown. But it hasn’t been enough to steer the world toward the future envisioned by the Paris Agreement: to keep global warming well below 2 degrees Celsius and make a good-faith effort to stay at 1,5 degrees.

The packages of the four biggest emitters reveal progress toward lowering emissions. But it is still not enough!

READ ALSO

EU Actually

EU anti-look away law relaxed by European Parliament right

N. Peter KramerBy: N. Peter Kramer

The EU anti-look away law (Corporate Sustainability Due Diligence Directive), the dream of the EP left and green and a heritage of the in the meantime disappeared from the scene Commission Vice-President Timmermans, includes that business should not make its money by exploiting labour and destroying the environment.

Europe

Solidarity Is a Must for Europe to Ensure its Own Security

Solidarity Is a Must for Europe to Ensure its Own Security

Europe is designing a new model of collective security that no longer relies on the United States. For this effort to succeed, solidarity between member states that have different threat perceptions is vital.

Business

EU waters down plans to end new petrol and diesel car sales by 2035

EU waters down plans to end new petrol and diesel car sales by 2035

Current rules state that new vehicles sold from that date should be "zero emission", but carmakers, particularly in Germany, have lobbied heavily for concessions.

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2026. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron