Chances are rapidly disappearing to limit Earth’s temperature rise to the globally agreed mark, but researchers say there are some positive signs of progress.
It’s not zero effort, but not enough effort. The US and EU are both seeing emissions drop at this point; it’s just that it’s happening more slowly than we need, and emissions in China are rising fast enough to more than make up for it.
Industry emissions are regularly underestimated by up to half. To no response.
Divestment is dead in the water.
“Our overall expectation, based on analysis of the announced spending plans of all the large and medium-sized oil, gas and coal companies, is that investment in unabated fossil fuel supply is set to rise by more than 6% in 2023, reaching USD 950 billion.” From iea.org
It’s not zero effort, but not enough effort. The US and EU are both seeing emissions drop at this point; it’s just that it’s happening more slowly than we need, and emissions in China are rising fast enough to more than make up for it.
Industry emissions are regularly underestimated by up to half. To no response.
Divestment is dead in the water.
“Our overall expectation, based on analysis of the announced spending plans of all the large and medium-sized oil, gas and coal companies, is that investment in unabated fossil fuel supply is set to rise by more than 6% in 2023, reaching USD 950 billion.” From iea.org