The only true path to energy security, stable power prices, prosperity and a liveable planet lies in abandoning polluting fossil fuels and accelerating the renewables-based energy transition, writes United Nations Secretary-General Nero was famously accused of fiddling while Rome burned. Today, some leaders are doing worse. They are throwing fuel on the fire. Literally.
To that end, I have called on G20 governments to dismantle coal infrastructure, with a full phase-out by 2030 for OECD countries and 2040 for all others. I have urged financial actors to abandon fossil fuel finance and invest in renewable energy. And I have proposed a five-point plan to boost renewable energy round the world.
In 2020, the world installed five gigawatts of battery storage. We need 600 gigawatts of storage capacity by 2030. Clearly, we need a global coalition to get there. Shipping bottlenecks and supply-chain constraints, as well as higher costs for lithium and other battery metals, are hurting deployment of such technologies and materials just as we need them most.Third, we must cut the red tape that holds up solar and wind projects.
We need more urgency from all global leaders. We are already perilously close to hitting the 1.5°C limit that science tells us is the maximum level of warming to avoid the worst climate impacts. To keep 1.5 alive, we must reduce emissions by 45 percent by 2030 and reach net zero emissions by mid-century. But current national commitments will lead to an increase of almost 14 percent this decade. That spells catastrophe.
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antonioguterres This is preached for Africa!
antonioguterres You sound like a stuck record !
antonioguterres Crap. Our people don't even all have access to electricity and we struggle to maintain our power plants, now they talk of renewables. It just shows that this world never cared about Africans...
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antonioguterres Yeah right
antonioguterres But the wear is burning more fossil fuels to mitigate the shortage they have self inflicted to their people.