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.
- 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
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.