(C) Common Dreams
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Massive gas expansion risks overtaking positive climate policies [1]
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Date: 2023-11
Limited progress since Glasgow
The Glasgow NDC update process has failed to deliver the urgent emissions cuts governments promised to deliver to keep warming to 1.5°C. The world is heading for 2.4°C of warming under current 2030 targets. If that number looks familiar, it’s because it is the same as last year.
Stronger targets from Australia, the UAE, Norway and Thailand are welcome, but not enough to move the thermometer, nor are they 1.5°C compatible. At the same time, the first three countries are increasing their export of fossil fuels, notably gas and LNG, while Thailand is planning a massive increase in LNG imports which will undermine renewables.
Updates from Brazil, Egypt, India, Indonesia, and the UK did not increase ambition. The updates from Singapore and Viet Nam came after we ran the numbers. While these may contribute to lowering warming, it is not likely on the scale that would impact our estimates.
There have been no substantial improvements of existing net zero pledges since COP26. Warming could be 1.8°C, if all targets under discussion are fully implemented, unchanged from last year. Stronger 2030 targets and policy implementation are needed to make these pledges believable and actually provide a reason for optimism.
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[1] Url:
https://climateactiontracker.org/publications/massive-gas-expansion-risks-overtaking-positive-climate-policies/
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