Why it matters:
The report says a mix of policy, market and tech forces are driving the trends: higher gas prices spurred by Russia's war on Ukraine, increasing cost-competitiveness of renewables, and stronger low-carbon energy and efficiency policies . That's projected to bring global temperature rise of 2.5°C by 2100, far past the main Paris target of 1.5°C, a benchmark for avoiding some of the most dangerous climate harms.
So what?
Well, we only have 25 days worth of diesel full left, so with any luck, we'll let it run out and freeze to death, starve to death, etc ... and then the climate will be saved. 🙏 🌎
In the West…
Bearish for $XLE $COP $OXY and Warren Buffett
The fact it hasn't already tells me how screwed we are... The people responsible know they will be gone by the time things get really bad, they don't care if we can fix it or not..
That happened back in the 70s.
Is this like the peak oil production predictions of 90’s and 00’s ?
Believe we heard that in 1966.
Humans are currently inseparable from fossil fuels, and many aspects of the left's daily life require the use of fossil fuels
Gotta keep all those EVs running somehow...
No way .. i am turning into green energy!