The new U.N. climate change report strongly recommends reducing carbon emissions as quickly as possible by phasing out and replacing all fossil fuel infrastructure with renewable energy.As the world pushes to decrease its reliance on oil, especially amid the energy crisis exacerbated by Russia's invasion of Ukraine, the United Nations' climate panel is warning that existing fossil fuel infrastructure will need to be abandoned in order to reduce global warming.
The report warns that"considerable fossil fuel infrastructure" will need to be abandoned to sufficiently reduce emissions, including coal assets by 2030 and oil and gas by around 2050. Countries with plans to invest in new fossil fuel infrastructure are engaging in"moral and economic madness," U.N. Secretary General Antonio Guterres said.
The new report laid out a road map for a wide range of solutions that could reduce global emissions, including a"substantial reduction" in fossil fuel use; deploying renewable energy on a much larger scale; electrifying as many systems as possible, including transportation; improving energy efficiency; transitioning to alternative fuels, such asIf the global community does not limit average warming to 1.
Source: Energy Industry News (energyindustrynews.net)
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