The Climate Action Tracker published its mid-year update of government action to address the rise in greenhouse gas emissions and concluded that the current climate crisis demands more government action as global progress is “stalling” and many countries retain “woefully inadequate” national targets.
The Climate Action Tracker published new assessments of 23 of the 32 countries it regularly tracks, showing that some countries are taking steps forward, while at the same time, other countries are taking steps backwards, risking significant stranded assets as they continue to thermal coal expansion.
The Climate Action Tracker has published updated estimates of global progress towards the goals of the Paris Climate Agreement and aims at keeping temperature increases below 2°C and, despite minor improvements in India and China, the gap between current policies and 2°C still looms large.
Innovation is needed to decarbonize the steel and cement industries in an effort to meet the Paris Agreement 1.5°C limit, according to new research published by the Climate Action Tracker which deems current technologies insufficient.
The role of natural gas seems to have increased exponentially over recent years, as countries look for a fuel to bridge the gap between more intensive fossil fuels and a greener, renewable energy future, but a new report has warned of the need to take the “foot off the gas,” so to speak, to ensure we don’t create stranded assets and breach the Paris Agreement’s long-term temperature goal.
The changing face of coal use in both China and India is likely to reduce the projected global carbon emissions growth by approximately two to three billion tonnes by 2030 compared to forecasts made a year ago, according to a new briefing by the Climate Action Tracker.
The recent Executive Order signed by US President Donald Trump to roll back many of the country’s climate and energy regulations has set the country on a path to miss its Paris Agreement commitment for 2025 by a large margin, forcing the Climate Action Tracker to move the US from “medium” to an “inadequate” CAT rating.
At long last, Japan has entered its official Intended Nationally Determined Contribution into the pool of national climate pledges for the UN’s Paris COP21 talks in December. The Paris summit aims for a worldwide agreement to limit global average temperature rise to 2 degrees Celsius (3.6 degrees Fahrenheit) above preindustrial levels, … [continued]
Joining soon-to-be-partner SunPower, First Solar announced its Q1’2015 earnings report this week, reporting a significant loss over previous quarters, due partly to the impending yieldco partnership with SunPower. First Solar reported a net loss of $62,292 million in the first quarter of 2015, compared to a profit of $112,007 million … [continued]
Despite grindingly slow progress in the United States with decarbonization by means of energy adaptation, the world has actually moved a few steps ahead in the past year. That makes it time to revisit the simplest mechanism for greenhouse gas reversal: a phased-in, revenue-neutral carbon fee and dividend strategy. “Fee” rather … [continued]
