U.N. Climate Report: Time is Running Out

New York Times: “Delivering the latest stark news about climate change on Sunday, a United Nations panel warned that governments are not doing enough to avert profound risks in coming decades. But the experts found a silver lining: Not only is there still time to head off the worst, but the political will to do so seems to be rising around the world.”

“The good news is that ambitious action is becoming more affordable, the committee found. It is increasingly clear that measures like tougher building codes and efficiency standards for cars and trucks can save energy and reduce emissions without harming people’s quality of life … And the costs of renewable energy like wind and solar power are falling so fast that its deployment on a large scale is becoming practical.”

The goal is daunting, according to Reuters: “World emissions will have to be cut by 40 to 70 percent compared with 2010 levels by mid-century, and to near-zero by 2100, to keep warming below 2C, IPCC scenarios show. Such cuts are far deeper than most governments plan.”

And costly: “Economic growth … is projected to grow by 1.6 percent to 3 percent a year this century. Ambitious action to slow climate change would trim annual growth by about 0.06 percentage point.”

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