#Yet global emissions are
despite the pledges made by every country of the world under the 2015 #ParisAgreement. This ambition gap is getting larger over time.
First, the remaining #CarbonBudget for 1.5C is extremely small, equivalent to around eight years of current emissions. #Coal is the single largest contributor to emissions today and it emits far more CO2 per unit of energy than oil or gas, so it must inevitably fall quickly to keep warming below 1.5C.
Second, the more rapid reductions in #coal #emissions in the least-cost pathways to 1.5C reflect the availability of economically attractive alternatives that can be deployed in IAMs – and in the real world – including #wind, #solar and other zero-carbon sources of electricity. Notably coal plants around the world are facing financial difficulties, with loss-making operations from Europe to China.
@tuxom that's quite a bummer
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