IEA Says Time Running Out for 2 Degree Target

The world is hurtling toward irreversible climate change, the International Energy Agency warns, saying that bold action must be taken in the next five years.

The [IEA] report says that the current promises to reduce emissions, when taken together, will likely result in an increase of more than 3.5 degrees — and there isn’t any guarantee those commitments will even be carried out.

… the IEA’s chief economist, Fatih Birol, is not optimistic world leaders are willing to make the necessary sacrifices involved in taking its recommended steps.

We are going in the wrong direction in terms of climate change,” he said in an interview Monday, noting that although governments around the world have put increasing energy efficiency at the top of their to-do lists, efficiency has worsened for two years in a row now.

After 2017, we will lose the chance to limit the temperature increase to two degrees Celsius,” he said.

CBC

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