USD 93.2918

+0.04

EUR 99.5609

+0.2

Brent 88.04

-0.4

Natural gas 2.006

-0.12

787

UN Secretary-General Antonio Guterres has called for an end to the fossil fuel age

The United Nations' climate panel is warning that existing fossil fuel infrastructure will need to be abandoned in order to reduce global warming

UN Secretary-General Antonio Guterres has called for an end to the fossil fuel age

Geneva, April 5 - Neftegaz.RU. While there are signs of action, the world is heading for more than 3C of global warming, scientists from the UN’s Intergovernmental Panel on Climate Change (IPCC) warn.

The United Nations Secretary-General Antonio Guterres was speaking as the IPCC released a major new report warning that the world is heading for temperature rises twice as high as the 1.5C seen as the threshold beyond which the worst impacts of global warming will be felt.

More than 230 authors contributed to the report, which summarizes ideas on how to reduce emissions of the greenhouse gases that are causing climate change.
The main focus of the report is on weaning the global economy off fossil fuels and moving to low- or zero-carbon sources of energy, from solar and wind to nuclear, hydro and hydrogen.

Antonio Guterres has warned:
  • This report of the Intergovernmental Panel on Climate Change is a litany of broken climate promises.
  • It is a file of shame, cataloguing the empty pledges that put us firmly on track towards an unliveable world
  • We are on a fast track to climate disaster
  • The science is clear: to keep the 1.5°C limit agreed in Paris within reach, we need to cut global emissions by 45 % this decade.
  • 1st and foremost, we must triple the speed of the shift to renewable energy
  • That means moving investments and subsidies from fossil fuels to renewables — now
  • Choices made by countries now will make or break the commitment to 1.5°C
  • Climate promises and plans must be turned into reality and action, now
Combustion of fossil fuels and industrial processes are responsible for about 78 % of climate-warming emissions over the past several decades
The U.N. report calls for limiting the use of coal by 95 % oil by 60 % and natural gas by 45 % in 2050 when compared to their use in 2019.

The report comes amid some calls for countries like the U.S. and Saudi Arabia to produce more oil amid Russia’s invasion of Ukraine.
Some buyers in the West have avoided Russian barrels - and the U.S. banned their import - resulting in increased demand and rising prices.

The new price spikes came on top of already-high prices because supply had not totally recovered from cuts that occurred during coronavirus lockdowns.

Follow us on Facebook
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru