Saturday, October 28, 2017

Paris Agreement Doomed to Fail?

The Agreement aims to respond to the global climate change threat by keeping a global temperature rise this century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius.


However, the progress is far from it.


As per this recent article from Independent,  BP and Shell planning for catastrophic 5°C global warming despite publicly backing Paris climate agreement.


According to this article on NY Daily News, there are many indications that the agreement is a failure. The United Nations body that oversees the Treaty estimates that if every country were to achieve every promise by 2030, the total greenhouse gas cut would be equivalent to just 60 billion tons of carbon dioxide. Keeping the global temperature rise below 2 degrees C requires a reduction in emissions during this century of almost 6,000 billion tons. Even with complete success, Paris makes only 1% progress toward the least ambitious target. Not a single wealthy, major emitter is set to meet its treaty promises. The article concludes by stating that it’s time to change course. Nations should invest far more in green energy research and development. Fixing climate change is not about making pretty promises, but about boosting innovation so green energy will eventually outcompete fossil fuels.





https://commons.wikimedia.org/wiki/File:COP21_participants_-_30_Nov_2015_(23430273715).jpg#/media/File:COP21_participants_-_30_Nov_2015_(23430273715).jpg

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