TechDigits

Tech news
Thursday, Feb 29, 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

TechDigits
0:00
0:00
Close
FTX's Bankman-Fried headed for jail after judge revokes bail
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
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”
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Musk announces Twitter name and logo change to X.com
The future of sports
TikTok Takes On Spotify And Apple, Launches Own Music Service
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
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
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Poor Man With Money, Mark Zuckerberg, Unveils Twitter Replica with Heavy-Handed Censorship: A New Low in Innovation?
The Double-Edged Sword of AI: AI is linked to layoffs in industry that created it
US Sanctions on China's Chip Industry Backfire, Prompting Self-Inflicted Blowback
Meta Copy Twitter with New App, Threads
BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner
UK Crypto and Stablecoin Regulations Become Law as Royal Assent is Granted
A Delaware city wants to let businesses vote in its elections
Alef Aeronautics Achieves Historic Milestone with Flight Certification for World's First Flying Car
Google Blocked Access to Canadian News in Response to New Legislation
French Politicians Advocate for Pan-European Regulation on Social Media Influencers
Melinda French Gates Advocates for Increased Female Representation in AI to Prevent Bias
Snapchat+ gains 4 million paying subscribers in its first year
Apple Makes History as the First Public Company Valued at $3 Trillion
Elon Musk Implements Twitter Limits to Tackle Data Scraping, but Faces Criticism for Technical Misunderstanding
EU and UK's Slow Electric Vehicle Adoption Raises Questions About the Transition to Green Mobility
Top Companies Express Concerns Over Europe's Proposed AI Law, Citing Competitiveness and Investment Risks
Meta Unveils Insights on AI Usage in Facebook and Instagram, Amid Growing Calls for Transparency
Crypto Scams Against Seniors Soar by 78% in 2022, Experts Urge Vigilance
The End of an Era: National Geographic Dismisses Last of Its Staff Writers
Shield Your Wallet: The Perils of Wireless Credit Card Theft
Harvard Scientist Who Studies Honesty Accused Of Data Fraud, Put On Leave
Putting an End to the Subscription Snare: The Battle Against Unwitting Commitments
The Legal Perils of AI: Lawyer Faces Sanctions for Relying on Fictional Cases Generated by Chatbot
ChatGPT’s "Grandma Exploit": Ingenious Hack Exposes Loophole in AI, Generates Free Software Codes
The Disney Downturn: A Near Billion-Dollar Box Office Blow for the House of Mouse
A Digital Showdown: Canada Challenges Tech Giants with The Online News Act, Meta Strikes Back
Distress in the Depths: Submersible and Passengers Missing in Titanic Wreckage Expedition
Mark Zuckerberg stealing another idea: Twitter
European Union's AI Regulations Risk Self-Sabotage, Cautions smart and brave Venture Capitalist Joe Lonsdale
Nvidia GPUs are so hard to get that rich venture capitalists are buying them for the startups they invest in
Chinese car exports surge
Reddit Blackout: Thousands of Communities Protest "Ludicrous" Pricing Changes
Nvidia Joins Tech Giants as First Chipmaker to Reach $1 Trillion Valuation
AI ‘extinction’ should be same priority as nuclear war – experts
×