The starting point in the fight against a climate change should be that it is the advanced countries that must make by far the biggest proportional reductions in CO2 emissions.
COP26:
Join the international protests for climate justice
– Saturday 6 November
The IEA World Energy Outlook 2021 sets out in very clear terms and stark figures what the world needs to do to keep below an average temperature rise of 1.5C; and how far short we are falling. It envisages the total investment required will have to rise to $4 trillion a year by 2030 to achieve Net Zero by 2050.
The current power cuts come from a combination of increased demand from manufacturers, a slowdown in coal production, partly caused by improved health and safety measures in mines, and the restrictions put on coal use by national guidelines to restrict carbon emissions.
The paradox of Boris Johnson’s assertion that the market will sort itself out is that they are in no position politically to allow the market to do that.
The pledge not to build new coal fired power stations abroad grabbed the headlines, but it went along with an accompanying pledge to “step up support for other developing countries in developing green and low-carbon energy”, that is just as significant.
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