BARRON'S By AFP - Agence France Presse August 9, 2021
UN chief Antonio Guterres called the IPCC's assessment -- the most detailed review of climate science ever conducted -- "code red for humanity"
A bombshell climate science report "must sound a death knell" for coal, oil and gas, United Nations Secretary-General Antonio Guterres said Monday, warning that fossil fuels were destroying the planet.
The Intergovernmental Panel on Climate Change concluded that the 1.5C temperature goal of the Paris Agreement would likely be breached around 2030 -- a decade earlier than it itself projected just three years ago.
Guterres called the IPCC's assessment -- the most detailed review of climate science ever conducted -- "code red for humanity".
"This report must sound a death knell for coal and fossil fuels, before they destroy our planet," he said in a statement.
"Countries should also end all new fossil fuel exploration and production, and shift fossil fuel subsidies into renewable energy."
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https://www.barrons.com/articles/the-bipartisan-infrastructure-bill-is-a-breakthrough-for-business-51628203582