Hong Kong News

Nonpartisan, Noncommercial, unconstrained.
Friday, Mar 01, 2024

Our fossil fuel addiction must end, UN chief tells World Economic Forum

Antonio Guterres, the UN secretary-general, used his address to the World Economic Forum in Davos, Switzerland, on Wednesday to urge world leaders and businesses to expand their efforts to achieve net-zero carbon emissions.

He also called on business leaders to provide “credible and transparent” plans by the end of the year on how they intend to achieve net-zero.

Guterres warned that many businesses had set their climate targets based on “dubious or murky” criteria, which can “mislead consumers, investors and regulators with false narratives.”

“It feeds a culture of climate misinformation and confusion and leaves the door open to ‘greenwashing,’” he told delegates at the WEF’s Annual Meeting.

“The transition to net-zero must be grounded in real emissions cuts and not rely essentially on carbon credits and shadow markets. That is why we (the UN) created an Expert Group on Net-Zero Emissions Commitments.”

UN Secretary-General Antonio Guterres addresses the World Economic Forum (WEF) in Davos, Switzerland, on January 18, 2023.

Guterres warned that time is running out to prevent disasters linked to man-made climate from growing in scale and frequency.

“We are looking into the eye of a Category 5 storm,” he added.

To avert the worst effects of climate change, scientists say any rise in global temperatures must be limited to no more than 1.5 degrees Celsius above pre-industrial levels. The average surface temperature of the planet has already increased by about 1.8 C since the late 1800s.

Guterres urged the world to “end the addiction to fossil fuels,” warning that the aspirational goal of limiting warming to 1.5 C was “going up in smoke.”

“Fossil fuel producers and their enablers are still racing to expand production, knowing full well that this business model is inconsistent with human survival,” he said.

“This insanity belongs in science fiction, yet we know the ecosystem meltdown is cold, hard scientific fact.”

The Paris Agreement, a legally binding international treaty on climate change adopted by 196 countries at the 2015 UN Climate Change Conference, COP21, committed nations to scaling up their efforts to reduce greenhouse gas emissions by 45 percent before 2030.

It also obliged them to build resilience against the adverse effects of climate change, uphold and promote regional and international cooperation in efforts to limit global warming to the 1.5 C target, and to reach net-zero by 2050.

To date, 137 countries have committed to achieving carbon neutrality, as tracked by the Energy and Climate Intelligence Unit, an independent advisory organization in the UK. Of those, 124 have set targets for 2050.

Bhutan and Suriname are the only two nations to date that have achieved carbon neutrality and are, in fact, carbon negative. Twenty-four countries have set their climate targets as official policy. They include Brazil, China, Germany and the US, which are some of the world’s largest emitters. Five countries are preparing legislation, including Canada, South Korea and several EU member states.

However, even if the 193 parties to the Paris Agreement implement their existing commitments, it is estimated that global greenhouse gas emissions would still increase by almost 11 percent by 2030, compared with 2010.

Newsletter

Related Articles

Hong Kong News
0:00
0:00
Close
It's always the people with the dirty hands pointing their fingers
Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Steve Jobs' Son Launches Venture Capital Firm With $200 Million For Cancer Treatments
Google reshuffles Assistant unit, lays off some staffers, to 'supercharge' products with A.I.
End of Viagra? FDA approved a gel against erectile dysfunction
UK sanctions Russians judges over dual British national Kara-Murza's trial
US restricts visa-free travel for Hungarian passport holders because of security concerns
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Political leader from South Africa, Julius Malema, led violent racist chants at a massive rally on Saturday
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
'I am not your servant': IndiGo crew member, passenger get into row over airline meal
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Spanish Citizenship Granted to Iranian chess player who removed hijab
US Senate Republican Mitch McConnell freezes up, leaves press conference
Speaker McCarthy says the United States House of Representatives is getting ready to impeach Joe Biden.
San Francisco car crash
This camera man is a genius
3D ad in front of Burj Khalifa
Next level gaming
BMW driver…
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to X.com
The politician and the journalist lost control and started fighting on live broadcast.
The future of sports
Unveiling the Black Hole: The Mysterious Fate of EU's Aid to Ukraine
Farewell to a Music Titan: Tony Bennett, Renowned Jazz and Pop Vocalist, Passes Away at 96
Alarming Behavior Among Florida's Sharks Raises Concerns Over Possible Cocaine Exposure
Transgender Exclusion in Miss Italy Stirs Controversy Amidst Changing Global Beauty Pageant Landscape
Joe Biden admitted, in his own words, that he delivered what he promised in exchange for the $10 million bribe he received from the Ukraine Oil Company.
TikTok Takes On Spotify And Apple, Launches Own Music Service
Global Trend: Using Anti-Fake News Laws as Censorship Tools - A Deep Dive into Tunisia's Scenario
Arresting Putin During South African Visit Would Equate to War Declaration, Asserts President Ramaphosa
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
The Changing Face of Europe: How Mass Migration is Reshaping the Political Landscape
China Urges EU to Clarify Strategic Partnership Amid Trade Tensions
The Last Pour: Anchor Brewing, America's Pioneer Craft Brewer, Closes After 127 Years
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
BBC Anchor Huw Edwards Hospitalized Amid Child Sex Abuse Allegations, Family Confirms
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Distorted Mirror of actual approval ratings: Examining the True Threat to Democracy Beyond the Persona of Putin
40,000 child slaves in Congo are forced to work in cobalt mines so we can drive electric cars.
×