The China Mail - Climate scorecard: good news and bad news

USD -
AED 3.673035
AFN 71.323752
ALL 89.53094
AMD 391.220403
ANG 1.790208
AOA 916.000367
ARS 1072.780296
AUD 1.655081
AWG 1.8
AZN 1.70397
BAM 1.766685
BBD 2.011533
BDT 121.061023
BGN 1.786617
BHD 0.376648
BIF 2961.474188
BMD 1
BND 1.332099
BOB 6.885493
BRL 5.844604
BSD 0.996193
BTN 84.992526
BWP 13.874477
BYN 3.260694
BYR 19600
BZD 2.001147
CAD 1.42285
CDF 2873.000362
CHF 0.861312
CLF 0.025108
CLP 963.503912
CNY 7.28155
CNH 7.295041
COP 4213.53
CRC 503.907996
CUC 1
CUP 26.5
CVE 99.605696
CZK 23.045604
DJF 177.720393
DKK 6.808204
DOP 62.907224
DZD 133.33904
EGP 50.555986
ERN 15
ETB 131.300523
EUR 0.91245
FJD 2.314904
FKP 0.762682
GBP 0.776096
GEL 2.750391
GGP 0.762682
GHS 15.48644
GIP 0.762682
GMD 72.139607
GNF 8645.949925
GTQ 7.693185
GYD 209.183137
HKD 7.774655
HNL 25.577483
HRK 6.871704
HTG 130.793752
HUF 364.387873
IDR 16744.473258
ILS 3.741565
IMP 0.762682
INR 85.338154
IQD 1306.506853
IRR 42336.988543
ISK 130.567142
JEP 0.762682
JMD 157.094395
JOD 0.70904
JPY 146.96104
KES 129.238254
KGS 86.692362
KHR 3971.595158
KMF 445.147581
KPW 899.928114
KRW 1451.374019
KWD 0.307615
KYD 0.83156
KZT 501.917416
LAK 21606.921497
LBP 89544.522786
LKR 295.184792
LRD 199.781411
LSL 18.739948
LTL 2.95274
LVL 0.60489
LYD 4.82245
MAD 9.516652
MDL 17.902827
MGA 4631.875059
MKD 56.260592
MMK 2099.545327
MNT 3504.730669
MOP 8.010542
MRU 39.660628
MUR 45.370989
MVR 15.441096
MWK 1732.00408
MXN 20.42675
MYR 4.442621
MZN 63.8826
NAD 18.739948
NGN 1536.123004
NIO 36.754903
NOK 10.75864
NPR 136.60505
NZD 1.786368
OMR 0.384952
PAB 1
PEN 3.666345
PGK 4.106218
PHP 57.053122
PKR 279.986588
PLN 3.82525
PYG 7937.001208
QAR 3.640374
RON 4.504564
RSD 106.000243
RUB 84.082892
RWF 1417.183198
SAR 3.750373
SBD 8.499278
SCR 14.328056
SDG 600.377285
SEK 9.989435
SGD 1.334705
SHP 0.785843
SLE 22.750371
SLL 20969.501083
SOS 569.677964
SRD 36.564761
STD 20697.981008
SVC 8.75037
SYP 13001.416834
SZL 18.739948
THB 34.107305
TJS 10.883523
TMT 3.497769
TND 3.055277
TOP 2.408314
TRY 37.99602
TTD 6.752072
TWD 33.07735
TZS 2654.318194
UAH 41.285264
UGX 3652.036928
UYU 42.304314
UZS 12908.018961
VES 70.043118
VND 25805.374257
VUV 123.606268
WST 2.823884
XAF 593.530108
XAG 0.033794
XAU 0.000329
XCD 2.707263
XDR 0.753961
XOF 593.530108
XPF 107.975038
YER 245.884458
ZAR 19.097504
ZMK 9001.203587
ZMW 27.959236
ZWL 321.999592
  • RBGPF

    69.0200

    69.02

    +100%

  • AZN

    -5.4600

    68.46

    -7.98%

  • BTI

    -2.0600

    39.86

    -5.17%

  • GSK

    -2.4800

    36.53

    -6.79%

  • CMSC

    0.0300

    22.29

    +0.13%

  • NGG

    -3.4600

    65.93

    -5.25%

  • RELX

    -3.2800

    48.16

    -6.81%

  • CMSD

    0.1600

    22.83

    +0.7%

  • SCS

    -0.0600

    10.68

    -0.56%

  • BP

    -2.9600

    28.38

    -10.43%

  • JRI

    -0.8600

    11.96

    -7.19%

  • RIO

    -3.7600

    54.67

    -6.88%

  • BCC

    0.8100

    95.44

    +0.85%

  • VOD

    -0.8700

    8.5

    -10.24%

  • RYCEF

    -1.5500

    8.25

    -18.79%

  • BCE

    0.0500

    22.71

    +0.22%

Climate scorecard: good news and bad news
Climate scorecard: good news and bad news

Climate scorecard: good news and bad news

The task is clear -- stop burning fossil fuels, radically reduce energy demand and slash all planet-warming emissions in order to keep the planet cool enough so humans, animals and plants can survive and thrive.

Text size:

So how do the actions of the world so far match up to the challenge?

Here is a rundown from the UN Intergovernmental Panel on Climate Change's handbook on how to halt global warming:

- Emissions growth is slowing -

While we are continuing to spew more carbon dioxide (CO2) into the atmosphere, the rate of that increase has slowed in recent years.

Emissions actually fell in 2020 -- by an estimated 5.8 percent compared to 2019 -- as governments around the world imposed unprecedented lockdowns to try to halt the spread of Covid-19.

Demand for energy shrank in almost all areas -- except residential buildings. International aviation emissions were down some 45 percent.

Meanwhile, at least 24 countries in the world have managed to cut greenhouse gas emissions and consumption-based CO2 pollution for a decade or more. Almost all are in Europe, although the list also includes the United States and Jamaica.

- But they need to fall, and fast -

Emissions have already rebounded from the pandemic.

Developing nations that have come from a low base per capita are seeing sharp increases.

And carbon footprints per person in rich countries remain stubbornly high, particularly in Australia, Canada.

- We have most of the means -

There are a range of low-carbon technologies to produce electricity and these are becoming cheaper, better and more widely used. These include solar photovoltaics (PV), onshore and offshore wind, and batteries.

"In many contexts solar PV and onshore wind power are now competitive with fossil-based generation," the report said.

Since 2010 emissions from coal have grown, but more slowly, as the US and Europe retired some old plants, while China added fewer new ones. A large number of planned coal plants around the world were either scrapped or converted so that they could also burn biomass.

- But we struggle to kick the dirty fuel habit -

All of the world's electricity will have to come from low-carbon generation by 2050 to meet the Paris Agreement global warming targets. This is "challenged" by growing electricity demand.

Currently, solar PV and wind generation technologies account for less than 10 percent of the market.

Despite coal's hefty C02 emissions, some countries and even international development banks continue to fund and develop new coal capacity.

- We can transform transport, buildings and industry -

Electrification is a "feasible, scalable and affordable" option to decarbonise mass transportation.

Electric vehicles (EVs) are the fastest-growing part of the automobile industry and if these cars and trucks are charged with low-carbon electricity they can significantly reduce emissions.

It is possible to make existing and new buildings in all parts of the world either nearly zero-energy or low-energy.

Most industrial processes in general can be decarbonised through a combination of technology using electricity and hydrogen, carbon capture and innovation in the circular use of materials (i.e. recycling and reusing).

- But change is slow -

Transport emissions grew at an average of two percent a year per between 2010 and 2019, due to continued "high travel demand, heavier vehicles, low efficiencies and car-centric development".

Beyond charging EVs with zero-emissions electricity, car manufacturing, shipping and aviation also need to be decarbonised, as do supply chains in general.

As for construction, the low ambition of government policies is a particular concern, for both existing buildings in developed countries and new buildings in developing ones.

The strong global demand for basic materials means industrial emissions continue to grow. This demand must be sharply reduced, alongside the rapid scale up of low-carbon innovations, otherwise there is a risk of locking in emissions "for decades to come".

- A crescendo of climate action -

An increasing number of countries say they plan to achieve "net-zero" C02, or greenhouse gas, emissions by mid-century.

Mandatory policies like pricing and regulation have expanded, while many businesses have promised to curb emissions.

Climate activism is growing, labour unions are starting to engage with the issues, while media coverage of climate change is increasing and becoming better at accurately reflecting the science.

- But action needs to happen faster -

Current national pledges under the Paris Agreement will not limit global warming to the target of 1.5 degrees Celsius.

Many net-zero targets are "ambiguously defined" and the policies to achieve them are not yet in place.

Low-carbon alternatives need much more investment, while "status quo interests" are acting to block progress.

People are also subjected to misinformation on online and in traditional media that has "undermined significantly" understanding of the science.

T.Luo--ThChM