The UN climate science body's latest report has sounded the alarm bells for humanity. How will climate change affect S'pore?. Read more at straitstimes.com.
The Straits Times
US climate summit: Singapore will overcome constraints, meet emission targets through innovation, says PM Lee
Singapore is turning to technology to reduce its emissions and adapt to the changing climate, said PM Lee Hsien Loong on April 23, 2021.PHOTO: ST FILE
(From left) Minister for Sustainability and the Environment Grace Fu, Prime Minister Lee Hsien Loong and Chief Negotiator for Climate Change Joseph Teo.PHOTO: MINISTRY OF COMMUNICATIONS AND INFORMATION
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The Straits Times
Cryptocurrencies power trip could cook the planet
The mania for NFTs and rising prices for bitcoin are fuelling demand for electricity – and adding to carbon emissions
Climate Change Editor
Online platform Digiconomist estimates that bitcoin’s total annual electricity consumption is enough to power the Philippines.PHOTO: REUTERS
PublishedApr 2, 2021, 5:00 am SGT
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But this positive development was overshadowed by emissions growing in the majority of nations.
The study, published on Thursday (March 4) in the journal Nature Climate Change, shows that in the period from 2016 to 2019 - prior to the Covid-19 pandemic - emissions from burning fossil fuels fell in 64 countries but rose in 150. The increase in emissions was more than double the cuts achieved by the 64.
The findings are concerning because they reinforce evidence that the world is far from making the deep cuts in greenhouse gases, especially CO2, needed to shift the planet to a safer temperature path. We designed the study to assess progress since adopting the Paris Agreement, that is, the emphasis on the previous five years to Covid-19. It is also a key way to understand the trends that mostly will return when we get over the worst of the pandemic, said co-author Dr Pep Canadell, executive director of the Global Carbon Project, which analyses global greenhouse gas emission trends.