The world needs to take “radical action” on turning its back on fossil fuels and making sure global warming doesn’t reach dangerous new thresholds, the head of the International Renewables Agency said Tuesday.
“The energy transition is far from being on track and anything short of radical action in the coming years will diminish, even eliminate chances to meet our climate goals,” said Francesco La Camera, CEO of Irena
During an energy conference, in Berlin, La Camera said “not only the 1.5C, the 2C goal is really in danger if we don’t act and don’t make a dramatic change in the way we produce and consume energy.” Abu Dhabi-based IRENA suggested that investments of USD 700 billion should be diverted away from the fossil fuel sector annually to avoid creating wells, pipelines and power plants that can’t be used anymore.””not only the 1.5C, the 2C goal is really in danger if we don’t act and don’t make a dramatic change in the way we produce and consume energy.” Abu Dhabi-based IRENA suggested that investments of USD 700 billion should be diverted away from the fossil fuel sector annually to avoid creating wells, pipelines and power plants that can’t be used anymore.
A recent report by a United Nations scientific panel concluded that the impacts of climate change are putting billions of people around the world at risk with temperatures well over 1.1 degrees above the preindustrial average.
Seven years ago, countries agreed in Paris to limit global warming to just 2 degrees Celsius, ideally as high as 3.6 degrees Celsius (3.6 degrees Fahrenheit), to avoid potentially disastrous effects for the entire planet.
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