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Summary of decisions from Durban climate conference

Green Car Congress

Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. Parties to this second period will turn their economy-wide targets into quantified emission limitation or reduction objectives and submit them for review by 1 May 2012. Green Climate Fund. future agreements.

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BNEF report: EV sales headed for 5.6M in 2021 as automakers target 40M per year by 2030

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in 2019, the year of the last UN Climate Change Conference. A review of industry outlooks finds that zero-emission vehicle forecasts have been raised across the board. This compares with just 2.6% The total global fleet of passenger electric and fuel cell vehicles now totals nearly 13 million, of which 8.5 Source: BNEF Factbook.

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Renewables to overtake coal as largest global electricity source in 2025

Teslarati

During the COP28 climate conference held in Dubai last month, world leaders from over 130 national governments agreed to set a goal to triple world renewable energy installations by 2030. Success in meeting the tripling goal will hinge on this.”

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Study finds stabilizing warming at 1.5 ?C would result in economic hit through 2100; benefits accrue by 2300

Green Car Congress

C by 2100 would eventually confer net benefits of thousands of trillions of dollars in gross world product by 2300. The results emphasize the temporal asymmetry between the costs of mitigation and benefits of avoided damages from climate change and thus the long timeframe for which climate change mitigation investment pays off.

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ExxonMobil projects 25% energy demand increase between 2014-2040, 50% decline in carbon intensity; hybrids to be 40% of new car sales

Green Car Congress

Global energy demand will increase 25% between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil forecasts in the 2016 edition of its annual The Outlook for Energy. The company forecasts modest gains for plug-in electric cars, with cost and functionality remaining barriers. Source: ExxonMobil.

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Good news – the world has a real chance of achieving its goal of tripling renewables by 2030

Baua Electric

The world added 50% more renewable capacity in 2023 than in 2022 –and that means it has a real chance of achieving the goal set by governments at the COP28 climate change conference of tripling global capacity by 2030. Birol said that “success will hinge” on scaling up financing for emerging and developing economies.

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Devil In The Details: Is Copenhagens 2 ºC Guardrail Obsolete?

Green Car Congress

The dispute has contributed to a significant split among the primary bloc of developing countries, and has highlighted an increased focus on climate adaptation strategies, in addition to emissions reductions, during the talks. Barbara Ward, René Dubos, Only One Earth, UN Conference on the Human Environment, 1972.