FinMarketNews
  • Login
  • Home
  • News

    Political News

    Tech News

    Business and Finance

    Deals

    Health

    Environment

    Economy

    Equities

    Foreign Exchange and Fixed Income

    Commodities and Energy

    • Political News
    • Tech News
    • Business and Finance
    • Deals
    • Health
    • Environment
    • Economy
    • Equities
    • Foreign Exchange and Fixed Income
    • Commodities and Energy
  • Screener
  • Strong Buys/Insider Buys
  • Calendar
    • Earnings Calendars
    • Dividend Calendars
    • IPO Calendar
  • Special Reports
SUBSCRIBE
  • Home
  • News

    Political News

    Tech News

    Business and Finance

    Deals

    Health

    Environment

    Economy

    Equities

    Foreign Exchange and Fixed Income

    Commodities and Energy

    • Political News
    • Tech News
    • Business and Finance
    • Deals
    • Health
    • Environment
    • Economy
    • Equities
    • Foreign Exchange and Fixed Income
    • Commodities and Energy
  • Screener
  • Strong Buys/Insider Buys
  • Calendar
    • Earnings Calendars
    • Dividend Calendars
    • IPO Calendar
  • Special Reports
No Result
View All Result
FinMarketNews
No Result
View All Result
Home World By Topic Business and Finance

Report: World Needs Equivalent Of Pandemic Lockdown Every Two Years To Meet Paris Carbon Emission Goals

chris by chris
March 19, 2021
Reading Time:5min read
0
Report: World Needs Equivalent Of Pandemic Lockdown Every Two Years To Meet Paris Carbon Emission Goals

RELATED POSTS

Reuters revealed how Trump administration left indelible mark on U.S. immigration courts

Reuters exclusively reports EU is set to sanction more Iranians for rights abuses

Reuters revealed how Trump administration left indelible mark on U.S. immigration courts

Topline

The dramatic drop in global carbon emissions seen during the early days of the pandemic and global shutdowns would need to be matched every two years for the rest of the decade in order to meet the goals outlined in the Paris climate agreement, according to a new study, though the authors don’t recommend that the world rely on “lockdowns” to help battle climate change.

CHINA SHANGHAI WINTER SMOG

A masked couple walk in the haze in Shanghai as pollutants drift in from inland, after the city … [+] announced a yellow alert on air pollution in December.


Barcroft Media via Getty Images

Key Facts

Published in Nature Climate Change, the report found that carbon emissions fell by about 2.6 billion metric tons in 2020, or roughly a 7% drop from the previous year, a historic decrease.

However, researchers said further drops in carbon output—1 billion to 2 billion metric tons per year—are needed for global emissions to meet the safe worldwide temperature range defined by the Paris Agreement to dodge the effects of climate change.

That’s roughly the equivalent of a coronavirus-pandemic-scale lockdown once every two years, researchers said. 

Despite causing the swift drop in emissions, researchers wrote the lockdowns will not yield lasting improvement because the measures had little effect on the larger fossil fuel-based infrastructure that sustains the global economy.

Researchers wrote the course of global emissions could be redirected if world governments invest in green energy and divest from fossil fuels in the years after the pandemic.

Crucial Quote

“We have failed to understand in the past that we can’t have tackling climate change as a side issue. It can’t be about one law or policy, it has to be put at the heart of all policy,” the study’s lead author, Corinne Le Quéré, told The Guardian. “Every strategy and every plan from every government must be consistent with tackling climate change.”

Key Background

According to the Paris Agreement, earth temperatures should stay within 1.5 degrees celsius or 2 degrees Celsius of preindustrial levels to prevent climate catastrophes caused by warming temperatures, like natural disasters and food insecurity. It may be a long-shot goal, recent evidence suggests. The emissions drop from coronavirus lockdowns last year will have virtually no long-term effect on the fight against the imminent climate crisis, according to the World Meteorological Organization’s annual report released in November. Last month, the United Nations warned that the most recent reduction targets submitted by Paris Agreement member states would result in less than a 1% decline in global carbon dioxide emissions by 2030, when a previous report projected emissions would have to drop by 45% to meet the Paris Agreement. UN Secretary-General António Guterres said the report is “a red alert for our planet,” adding the governments are “nowhere close to the level of ambition” required to meet the agreement’s goals. According to data from the International Energy Agency released this week, global carbon dioxide emissions have already rebounded to prepandemic levels. 

Further Reading

Global lockdown every two years needed to meet Paris CO2 goals – study (The Guardian)

Global Carbon Emissions Bounce Back To Pre-Pandemic Levels (Forbes)

Report: Drop In Greenhouse Gas Emissions Amid Covid-19 Pandemic Fails To Slow Climate Crisis (Forbes)

The World Has To Cut Carbon Emissions By 45% Under Paris Agreement, But Is Only On Track For A Less Than 1% Decline (Forbes)

chris

chris

Related Posts

latest

Reuters revealed how Trump administration left indelible mark on U.S. immigration courts

April 9, 2021
Economy

Reuters exclusively reports EU is set to sanction more Iranians for rights abuses

April 9, 2021
Economy

Reuters revealed how Trump administration left indelible mark on U.S. immigration courts

April 9, 2021
Health

Reuters special report sheds light on the coronavirus variant that took hold in UK

April 9, 2021
Business and Finance

Reuters exclusively reports EU is set to sanction more Iranians for rights abuses

April 9, 2021
latest

Reuters exclusively reports U.S. agency probing Facebook for ‘systemic’ racial bias in hiring, promotions

April 9, 2021
Next Post
The Future Of Burning Man Emerges At Fly Ranch, An Outrageous New World In The Black Rock Desert

The Future Of Burning Man Emerges At Fly Ranch, An Outrageous New World In The Black Rock Desert

QAnon Pushed March 4 As Trump’s ‘True Inauguration Day’—But Officials Don’t Expect Violence

QAnon Pushed March 4 As Trump’s ‘True Inauguration Day’—But Officials Don’t Expect Violence

Stock Market Widget

Stock Market Today by TradingView

Recommended Stories

45% of MLAs who switched parties between 2016 and 2020 joined BJP: Report

45% of MLAs who switched parties between 2016 and 2020 joined BJP: Report

March 18, 2021
Trump Becomes First President Impeached Twice After Fomenting Capitol Riot

Trump Becomes First President Impeached Twice After Fomenting Capitol Riot

March 17, 2021
China Seeks Biden-Xi Meeting Next Month If Alaska Talks Go Well

China Seeks Biden-Xi Meeting Next Month If Alaska Talks Go Well

March 18, 2021

Recent Analyst Activity

Recent Analyst Activity:
– – – – – – – – – – – – – –
Upcoming IPO’s:
– – – – – – – – – – – – – –
Upcoming Earning Reports:
– – – – – – – – – – – – – –

Popular Stories

  • Arizona Gov: hospitals can handle virus surge

    Arizona Gov: hospitals can handle virus surge

    0 shares
    Share 0 Tweet 0
  • Tennessee Titans organization strongly backs players’ right to peacefully protest

    0 shares
    Share 0 Tweet 0
  • Reuters exclusively reports White House without Trump stays quiet on OPEC

    0 shares
    Share 0 Tweet 0
  • Series has been really good for us to understand where we stand, says Rohit

    0 shares
    Share 0 Tweet 0
  • Experts: Police in US undertrained in use of force

    0 shares
    Share 0 Tweet 0

Recent Posts

  • Reuters revealed how Trump administration left indelible mark on U.S. immigration courts
  • Reuters exclusively reports EU is set to sanction more Iranians for rights abuses
  • Reuters revealed how Trump administration left indelible mark on U.S. immigration courts

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Subscription
  • Category
    • Business
    • Culture
    • Lifestyle
    • Health_
    • Travel
    • Opinion
    • Politics
    • Tech
    • World
  • Landing Page
  • Buy JNews
  • Support Forum
  • Pre-sale Question
  • Contact Us

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?