Key Measures Discussed to Tackle Climate Change at the COP28 Summit
1. Fossil Fuels Reduction:
- Identifies burning fossil fuels as a major contributor to greenhouse gas emissions and emphasizes the need for a global agreement to phase out such pollutants.
- Acknowledges positive projections by the International Energy Agency (IEA) regarding the expected peak in demand for coal, oil, and gas before 2030.
- Highlights concerns that existing and under-construction fossil fuel projects could exceed the 1.5C warming threshold.
2. Renewable Energy Advancement:
- Advocates for the acceleration of renewable energy adoption, specifically wind and solar power, due to their clean and sustainable nature.
- Presents significant growth in solar and wind generation from 2015 to 2022.
- Cites a research organization's projection that wind and solar could contribute over a third of global electricity by 2030.
3. Electric Vehicles (EVs):
- Discusses the declining cost of Battery EVs, predicting their competitiveness with traditional vehicles in the coming years.
- Forecasts a potential surge in EV adoption, reaching two-thirds of new car sales globally by 2030.
- Attributes information to Exeter University's EEIST project.
4. Methane Emission Reduction:
- Recognizes the substantial impact of methane emissions on global warming, contributing approximately 30%.
- Notes methane's heightened potency as a warming gas over a shorter timeframe compared to carbon dioxide.
- Reports on the commitment of over 150 countries to reduce methane emissions by 30% by 2030.
5. Carbon Capture Imperative:
- Stresses the necessity of capturing CO2 to limit global warming to the agreed-upon 1.5C threshold.
- Highlights the role of natural processes, such as land and oceans, in absorbing CO2 but expresses concerns about human activities hindering these processes.
- Advocates for the industrial capture and storage of CO2, acknowledging its current limited capacity but underscoring its importance in the future.
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