Our world swings in the climate disaster and what gives us politicians? Oil fields and new corridors Bill McGoyer
R.It hopes that after the signing of the Climate Agreement in Paris in 2016 it has ended long ago because the global community has completely failed to curb the emissions, which-with the exception of a small edge caused by the epidemic in 2020-has been unabated since then. There are few signs of this change any time soon. Indeed, with global heating over the past few years, instead of trying hard, the world turns its back on measures to address the climate crisis.
In the United Kingdom, the Labor Party is considering approving two main main fields in the North Sea – Rosebank and Jackdaw – where Keir Starmer and Rachel Reeves stated that they support proposals, which will close dependence on fossil fuels at the expense of renewable energy sources. Besides, instead of the government inserted measures to reduce aviation emissions, such as repeated table tax and tax fuel imposition, Heathrow’s expansion was green, and last week, a second runway in Gatwick.
After announcing plans in March to drop support for Net Zero by 2050, the governor of Kemi Badenoch has now registered to absorb every drop of oil and gas from UK waters.
Through the channel, green measures are also attacked. Last month, although the continent has been intensified under record temperatures, the European Union announced its target 2040, which seeks to reduce emissions by 90 % at 1990 levels, will be more flexible – I read to water it. Under pressure from work and political right, this will now allow millions of tons of carbon dioxide emissions by buying carbon assets from outside the mass – a fraud processor to allow business as usual by pushing another person to absorb the resulting carbon.
Inevitably, zero from scratch from battles to prevent dangerous climate work is the White House. Since he reached power in his second term, Donald Trump has worked tirelessly in erasing all and any climate initiatives, to the point of withdrawing from the Paris Climate Agreement, opening the wild areas for drilling for hydrocarbons, organizing the organization of the fossil fuel sector and closing investment in clean energy. When seeing the winding way, American banks including Citigroup, JPMorgan Chase and Goldman Sachs jumped from the Net Zero alliance, which they committed to align their activities with the Paris Agreement. Canadian and Asian banks, along with the main banks in the United Kingdom HSBC and Barclays.
Investment in the fossil fuel sector is likely to increase, which facilitates more, and no less, the exploitation of oil, gas and coal reserves. As is the case, investment in 2024 witnessed a significant increase in fossil fuel financing, as the world’s largest banks committed $ 869 billion in the sector. In 2020, after the great losses caused by the economic slowdown by the epidemic, oil and gas companies had decreased and graduated. I was worried about leaving a product that no one wants, which has announced many large investments in renewable energy sources. BP has even pledged 40 % oil and gas production by the end of the contract. Five years later, this promise is in bodies. Fossil fuel companies are now running on the right track to the quadruple, by the end of this contract, the amount of oil and gas extracted from the newly approved projects.
As the COP30 climate conference approaching the fast Brazil, it appears that the general distress that has spread climate work. All countries were asked to make their national climatic plans (known as “specific contributions at the national level”, or NDCS) by February this year, but only a handful. Many are expected to do so before the date of the start of November, but the delay is symbolic of the importance that has been classified, in many circles, this procedure is on emissions. Saying that all this is the dark news is low.
The excuse often stipulates that he is away from green measures, to expand the production of fossil fuels, to ignore science, is pragmatism. The idea is that, yes, the state of climatic emergency is serious, but we must be practical – we have to look at other things as well, ensure that work as usual, protect the end result and maintain consumer capital in the rapid corridor. The truth is that this is dangerous. Prague is possible only when possible alternatives. When it comes to climate breakdown, there is no alternative. The climate does not recognize pragmatism. Either we go down emissions now or we are in a deep and deep problem.
In 2024, the planet’s temperature topped the 1.5C temperature threshold For the first time (Since pre -industry times), according to the MET office in the United Kingdom, there is a 70 % chance that the high temperature over the next five years will be above this. Modern report By the UK Institute, the College of Aktarians and the University of Exeter, the global temperature is expected to be increased by 2050, a 25 % collapse in the global economy and Metlly two billion people. This is what the final game of the “practical” climate strategy.
We can no longer pretend to sleep in the climate disaster. We are consciously, with our eyes wide open, and we hang the consequences. The truth is that on a heating planet quickly, the practical approach means that we play Russian roulette with all the six loaded barrels. The only question is the extent of the chaos that we will do when we pull the trigger.