Coal use needs to be slashed seven times faster to meet emissions target, analysis finds

Energy
Monday, November 20th, 2023 3:23 pm EDT

Key Points

  • Global Warming Targets Falling Short: The “State of Climate Action 2023” report indicates that efforts to restrict global warming to 1.5 degrees Celsius, as outlined in the 2015 Paris Agreement, are failing across various indicators. Only one of 42 indicators, electric passenger car sales, is on track to meet its 2030 target.
  • Urgent Need for Major Shifts: The report emphasizes the need for major shifts in climate action, including a sevenfold acceleration in phasing out coal from electricity generation, increased adoption of wind and solar power, rapid expansion of rapid transit infrastructure, and healthier, more sustainable diets. These changes are deemed necessary to achieve climate goals by 2030.
  • Critical COP28 Summit: With the COP28 climate change summit approaching in Dubai, the report highlights the urgency for bold and transformative actions from governments, corporations, and cities. The report calls for systemic changes to create a livable and thriving future for people, nature, and climate. The UN’s NDC Synthesis Report also emphasizes that governments globally need to be more proactive in their efforts to slash emissions and address the climate crisis.


The “State of Climate Action 2023” report suggests that efforts to limit global warming to 1.5 degrees Celsius, as outlined in the 2015 Paris Agreement, are falling short across various indicators. Only one of 42 indicators, the sales of electric passenger cars, is on track to meet its 2030 target. The report emphasizes the need for major shifts, including a sevenfold acceleration in phasing out coal from electricity generation, increased adoption of wind and solar power, rapid expansion of rapid transit infrastructure, and healthier, more sustainable diets. The report calls for immediate, transformational changes across sectors to achieve climate goals by 2030.

For the full original article on CNBC, please click here: https://www.cnbc.com/2023/11/17/coal-use-needs-to-be-cut-faster-to-meet-emissions-target-analysis.html