Fossil fuels causing cost-of-living crisis, climate expert says

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PARIS (AFP) - The cost-of-living crisis pushing millions of people towards poverty in Europe is driven by fossil fuels, according to a leading Earth systems scientist, who has warned that global heating risks causing runaway climate change. Read more at straitstimes.com.

PARIS - The cost-of-living crisis pushing millions of people towards poverty in Europe is driven by fossil fuels, according to a leading Earth systems scientist, who has warned that global heating risks causing runaway climate change.

"The only reason why we have this crisis now is that we've had 30 years of under-investment in preparing towards this turbulent phase which we knew would be coming," said Rockstrom. In Britain, energy regulator Ofgem said it would increase the electricity and gas price cap almost twofold from October 1 to an average £3,549 per year.

The second - the"Great Leap" scenario - sees unprecedented mobilisation of resources to produce five changes: eradicate poverty and inequality, empower women, transform the global food system towards more plant-based diets, and rapidly decarbonise energy.

He explained the possibility of"self-amplified warming", which is when the Earth itself is triggered into producing emissions from carbon stored in forests and methane in permafrost.

 

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