Draft Glasgow pledge calls on world to ditch coal quicker, step up emissions cuts next year

NewsNationUSA

A published draft of the Glasgow agreement includes language acknowledging that the world should be aiming to limit global warming to 1.5 degrees, which could be a first step in obliging countries to make more ambitious pledges to reduce greenhouse gas emissions over this decade.

…The language is fairly weak in that it doesn’t set earlier targets to come up with the funding.

“On one side of the scales, it advances a detailed process for accelerating climate mitigation goals, but, on the other side of the scales, on finance and loss and damage, it is fuzzy and vague,” said Mohamed Adow, director of climate think tank Power Shift Africa.

“The missed deadline for the $100 billion promise doesn’t get acknowledged — and this is a key ask from vulnerable countries.”

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The @IEA projects 95% of growth in global power-generation capacity to come from #renewables by the end of 2026.

However, renewables growth would need to double to reach the Paris temperature goals.

The IEA sees #COP26 making a positive difference.

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At COP26 analyses showed we're headed for 2.7C, but a new study casts doubt on whether scientists can precisely tell how much emission-cutting pledges can stem global warming.
https://www.axios.com/warming-carbon-emissions-pledges-3ef8dd6d-5678-494a-b642-5790ae9b7139.html

It's been a record year for #renewableenergy in the past year.
On current trends, RE generating capacity will exceed that of fossil fuels and nuclear energy combined by 2026; but it's only half of what's needed for #NetZeroBy2050
https://www.theguardian.com/environment/2021/dec/01/renewable-energy-has-another-record-year-of-growth-says-iea

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