It’s entirely possible to dramatically reduce future warming in less than a generation. Read more at straitstimes.com.
NEW YORK - First came the hottest June in recorded history. Now it’s the hottest-ever July. This year is already highly likely to replace 2016 atop the heat ranking. Scientists suspect the last several years have been warmer than any point in more than 125,000 years.raise global average temperatures about 1.
Projecting a future of temperatures is inherently imprecise because modern humans have never experienced such extremes. The expected outcomes of a 2.7 deg C and 2.8 deg C world can be hard to distinguish from one at 3 deg C, a level of warming that scientists have spent decades studying. But what’s clear is that running faster only gets harder and more expensive as the impacts of further heating mount.
It’s the same with “breaking records in China or Rome,” he says of 52 deg C in Xinjiang and 42 deg C in the Italian capital. “Even the things that are unprecedented are not surprising.” Climate models like those run by Nasa saw it coming. How did we pull this off? By building 1 trillion watts of solar, deploying millions of electric cars, enacting more than 2,000 climate laws in every country on the planet, and surpassing US$1 trillion in annual spending on the energy transition.
Those plummeting costs have pushed global power prices down so much that dirty fuels no longer make economic sense, and their use has likely peaked in the sector, the Rocky Mountain Institute and Bezos Earth Fund said in a report. All but one of the US’s remaining coal plants are more expensive to run than it would be to replace them with new solar, wind or energy storage, according to the research group Energy Innovation.
The IRA is also helping to spur a clean-technology arms race as others fear being left behind. Within seven months of the bill’s passing, the EU put forward its own Net-Zero Industry Act – a package of measures designed to boost domestic production of key technologies, including batteries and heat pumps. China’s subsidies are already twice that of the EU’s on a GDP-adjusted basis.
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