Cop29 is a cynical scam: technology and markets are already saving the planet
Story by Ambrose Evans-Pritchard • 1h
One of only two G7 leaders to speak at the Cop29 summit this week - Maxim Shemetov/REUTERS
If you wish to see the climate glass as dangerously empty, read this year’s Global Carbon Budget report by 119 global scientists. It sums up the state of the planet in 2024 and will confirm your worst fears.
The stated facts are: CO2 emissions will rise by 0.8pc to 37.4bn tonnes this year. We are still burning more fossil fuels. Coal emissions are up 0.2pc, oil 0.9pc and gas 2.4pc.
Atmospheric CO2 levels will rise by 2.8 parts per million to a new record of 422.5, up 52pc since 1850. There is no conceivable chance that we will halve emissions by 2030. Global warming will exceed 1.5C consistently by the early 2030s.
“The remaining carbon budget has almost run out,” says the report.
https://www.msn.com/en-us/money/other/cop29-is-a-cynical-scam-technology-and-markets-are-already-saving-the-planet/ar-AA1u8vzY?ocid=msedgdhp&pc=HCTS&cvid=9ae6006273074856b8d770b92772c619&ei=95
