This report also highlights that
current emission reduction actions are insufficient to limit global warming to the 1.5 degrees needed to avoid the most catastrophic of predicted impacts.
Not exact matches
Additional
action to achieve the 2025 target represents a substantial acceleration of the
current pace of greenhouse gas
emission reductions.
Noting that the United States is already on a path to cutting
emissions 17 percent below 2005 levels by 2020, the plan argues that additional
action «represents a substantial acceleration of the
current pace of greenhouse gas
reductions.»
All -LCB- developed country Parties -RCB--LCB- all Annex I Parties and all
current European Union (EU) member States, EU candidate countries and potential candidate countries that are not included in Annex I to the Convention -RCB--LCB- Organization for Economic Co-operation and Development (OECD) member countries, countries that are not OECD members but whose economic development stages are equivalent to those of the OECD members, and countries that voluntarily wish to be treated as developed countries -RCB--LCB- shall -RCB--LCB- should -RCB- adopt legally binding mitigation commitments or
actions including economy - wide quantified
emission limitation and
reduction objectives16 for the period from -LCB- 1990 -RCB--LCB- 2013 -RCB--LCB- XXXX -RCB- until -LCB- 2017 -RCB--LCB- 2020 -RCB--LCB- XXXX -RCB-, while ensuring comparability of efforts among them, taking into account differences in their national circumstances.
April 21: «碳在中国的未来 (The Future of Carbon in China)» by John Romankiewicz, New Energy Finance, providing an overview on the demand projection for offsets from Chinese
emissions reduction projects and look at the
current outlook for CDM and disucssing the potential of domestic markets for credits (carbon and otherwise) based on China's NAMA
action.
The ramping up of business
action on climate change should give the government confidence it can achieve more
emissions reductions and set policies that aim considerably higher than the
current targets.
Current policies must be augmented to achieve the
emission reductions required under the Kyoto Protocol and even more
action will be required to stabilise greenhouse gas concentrations in the atmosphere.»
Plan of
action - CO2
emissions tax, deregulate low polluting technology and remove
current barriers of new technology per usual pick and choose government interference, facilitate standards to coordinate national and international energy development, subsidize ultra low polluting power generators and fuel to poor countries, investment dollars awarded to highest rate of return for CO2
emission reduction upon global market, rate tax expenditures and promising technology by independent accounting agency bonded to ensure loss of political and personal cronyism influence.
Brook Riley of Friends of the Earth Europe reacted: «We're shocked EU decision makers are daring to claim
current emission reductions targets are adequate, and are ruling out the possibility of increased
action.
There is a 15 - 22 gigatonne gap between the
current climate commitments nations made in their Nationally Determined Contributions (NDCs) and the respective
emissions reductions needed to stay on track to limit the global temperature rise to 2C or 1.5 C. Subnational
action can help bridge this gap and support national governments as they raise their climate commitments in the coming years.