Governments must “separate climate from geopolitics” and work together to triple renewables and deeply cut planet-warming emissions, says International Energy Agency executive director Fatih Birol
CLIMATEWIRE | Capping global warming at 1.5 degrees Celsius is still possible, but requires steep cuts in the energy sector's greenhouse gas emissions, according to a new report from the International Energy Agency.
“Removing carbon from the atmosphere is very costly. We must do everything possible to stop putting it there in the first place,” Birol said in a statement. “The pathway to 1.5°C has narrowed in the past two years, but clean energy technologies are keeping it open." By 2035, IEA said, emissions in advanced economies need to fall by 80 percent from 2022 levels, while emissions in emerging economies need to fall by 60 percent.
The annual conference will begin in November in Dubai. It has faced heightened scrutiny after the United Arab Emirates tapped oil executive Sultan Ahmed al-Jaber to be president of the talks. Al-Jaber, CEO of the state-run oil company Abu Dhabi National Oil Co., most recently called for a phase "down" of fossil fuels, using contentious language from climate talks in Scotland in 2021.
“Much of this investment would be for assets with long lives in which operations would need to be curtailed or lifetimes shortened if the goal of returning the temperature increase to below 1.5°C is to be achieved,” the report said. But the IEA report warns that if clean energy doesn't expand enough by 2030, the 1.5 C goal would become dependent on a “massive deployment” of technologies that remove carbon dioxide from the atmosphere.
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