Paris Climate Change

UN Climate Change Talks Fall Out Amid Threats Of A Walkout

  • Delegates at IMO failed to agree to targets that would meet the Paris Agreement, as they had originally agreed to do in 2018, a deal the shipping industry hailed as ‘historic’ and which 100 countries had voted on.
  • By projecting such weak enforcement of its own laws into the proposals on GHG emissions for the global shipping fleet, will increase climate risk and push the world beyond the permissible limits.
  • It also increases the chance that the IMO will be broken up into a regional set of...

https://mfame.guru/un-climate-change-talks-fall-out-amid-threats-of-a-walkout/

COVID-19 Pandemic To Impact World’s Energy Transition

  • COVID-19 will have a dramatic impact on short-term energy supply and demand.
  • World GDP will shrink 6% in 2020 with lingering effects of the pandemic.
  • The pandemic will reduce energy demand through to 2050 by 8%.
  • This will result in energy demand in 2050 at almost exactly the level it was in 2018.
  • Demand for manufactured goods globally will need almost four years to recover to 2019 levels.

The coronavirus pandemic will have a dramatic impact on energy supply and demand in the short term and...

https://mfame.guru/covid-19-pandemic-to-impact-worlds-energy-transition/