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May 19, 2021 06:07 PM EDT The International Energy Agency summarizes the steps required to overhaul energy systems in order to reach global warming goals. (Photo : Getty Images) Global Temperature Rise to 1.5 Degrees Celsius Many climate scientists and energy experts question whether it is possible to control global temperature rise to 1.5 degrees Celsius by the end of the century. Today, the preeminent energy institution in the world provides a rebuttal. The International Energy Agency said in a 227-page report that it is within reach to achieve net-zero emissions by 2050 and restrict warming to 1.5 C. But it will need a wholesale remodeling of the world s energy system beginning today. IEA said dramatic action is needed in the next decade to have any hope of reaching a net-zero goal by 2050. Where electric vehicles is now responsible for 5% of global automobile sales, in 2030 they will require to represent 60% of new purchases of automobile. ....
++++++++++++++++++++++end editor s note+++++++++++++++++ $400 billion of planned petrochemical outlay at risk on exaggerated plastics demand Carbon Tracker Initiative, 04 September 2020 Key Quotes Remove the plastic pillar holding up the future of the oil industry, and the whole narrative of rising oil demand collapses. Kingsmill Bond, Carbon Tracker Energy Strategist and report lead author. There are huge benefits in the change from the current linear system to a more circular one. You can have all the functionality of plastics but at half the capital cost, half the amount of feedstock, 700,000 additional jobs and 80% less plastic pollution. Yoni Shiran, lead author of Breaking the Plastic Wave ....
This is a lightly edited transcript of the Giles Parkinson and David Leitch interview with Kingsmill Bond, the chief energy strategist for Carbon Tracker. You can listen to the interview on the Energy Insiders Podcast here. Giles Parkinson This week Carbon Tracker and Ember released a very significant report talking about the potential of wind and solar and there ability to help this sort of massive transition that we’re about to embark on in the world. And we talked to Kingsmill Bond, who’s the chief energy strategist for Carbon Tracker. Kingsmill, thank you very much for joining Energy Insiders. ....
Save this story for later. Subscribers to The Climate Crisis newsletter received this piece in their in-boxes. Sign up to receive future installments. Earth Week has come and gone, leaving behind an ankle-deep and green-tinted drift of reports, press releases, and earnest promises from C.E.O.s and premiers alike that they are planning to become part of the solution. There were contingent signs of real possibility if some of the heads of state whom John Kerry called on to make Zoom speeches appeared a little strained, at least they appeared. (Scott Morrison, the Prime Minister of Australia, the most carbon-emitting developed nation per capita, struggled to make his technology work.) But, if you want real hope, the best place to look may be a little noted report from the London-based think tank Carbon Tracker Initiative. ....