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With more than one quarter of the globaleconomy committed to achieving net-zero emissions over the coming decades, it follows that the shipping sector will be under increased pressure from governments and private players to clean up its act.
ClimateScientists and Advocates Have Satisfied Their Burden of Proof. For a long time in America, society put the climate change burden of proof on those who have raised concerns about it. Why, then, has it seemed like climatescientists and other activists have continually been asked for more proof?
Amidst the escalating impacts and threats of climate change, heads of state, negotiators, climatescientists, activists and business leaders prepare to meet for COP27, taking place in Sharm El-Sheikh, Egypt. The consequences of inaction are already being felt globally, with the world’s vulnerable most severely impacted. .
According to the respected International Energy Agency’s new report, global greenhouse gases emissions from energy remained flat in 2016 while the globaleconomy grew by 3.1 Global emissions from the energy sector stood at 32.1 Global emissions from the energy sector stood at 32.1
While climatescientists and some leading economists, such as Nicholas Stern and Joseph Stiglitz, have challenged the inadequate climate risk models used in economic reports, the majority of economists have not aligned their reports with climate science, it added.
“The harsh reality is that emissions are continuing to rise,” says Philipponnat, adding that much of the discussion among policymakers has centred around reducing the CO2 intensity of our globaleconomy. As these perilous climate projections unfold, one might expect an inevitable upheaval in the globaleconomy.
That difference brought the two of us together, as a climatescientist and an investor, to discuss how industrial zones around the world could, within a few years, tell a drastically different story about our climate. We joined together, one climatescientist and one investor, to share our sense of despair and hope.
Now after COP28 the whole world officially agrees: our sustainability requires a transition to a globaleconomy that has moved beyond fossil fuels. It does not reflect the aspirations of environmentalists or even climatescientists.
Climatescientists have unambiguously told us how to avoid the grimmest consequences of climate change: achieve net-zero emissions by 2050. Our goal is to take this 'whole-of-government' approach and turn it into a 'whole-of-economy' approach.
This means you better listen to what they say about climate change. Also according to the institute , the globaleconomy could face a 50% loss in GDP between 2070 and 2090 unless immediate policy action on risks posed by the climate crisis is taken.
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