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Climate & Energy: 2°C Target Still in Sight If….

end fossil fuel subsidies signThe International Energy Agency (IEA) recently released a report “Redrawing the Energy-Climate Map” updating our current dilemma on climate and energy use.

Our failure so far, to take collective action to address fossil fuels and their undeniable effect on climate change is already starting to catch up with us. The current projected global temparature rise of 3.6 to 5.3 degree Celsius by the end of this century will be catastrophic for our children. If we don’t take real action soon, the economic and human costs of our inaction will far outweigh the investments we should have been making for the last decade.

The good news in the IEA report is that there could still be time to limit the long-term global temperature rise to 2 degrees Celsius by taking action in just four policy areas with NO NET ECONOMIC COST:


  • Adopting specific energy efficiency measures could account for 49% of the energy savings.

  • Limiting the construction and use of the least-efficient coal-fired power plants (21%).

  • Minimizing methane (CH4) emissions from upstream oil and gas production (18%).

  • Accelerating the (partial) phase-out of subsidies to fossil-fuel consumption (12%).

  • Taking these policy steps immediately could buy valuable time and hold the course through 2020 while world leaders work out new goals during the next phase of climate talks.

    In a saner world this would be easy. With our current state of affairs, it’s a longshot.

    The IEA thinks we can still avoid 2°C of global warming. Here’s how. (via Wonkblog)

    Image: CC BY-NC 2.0 by on flickr

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