Editorial
At the UN climate talks in Dubai, countries and oil companies have made a new energy pledge that promises to significantly increase the use of renewable energy and reduce greenhouse gas emissions. This pledge is a significant step forward in the fight against climate change, but some critics say that it does not go far enough.
Around 100 countries have promised to triple world renewable energy use by 2030. This would mean that renewable energy would account for one-third of all energy consumption by that year. This is a major increase from the current level of about 30%.
In addition, 50 oil and gas companies, including Saudi giant Aramco, have pledged to stop adding to planet-warming gases by 2050. This is a significant commitment from an industry that has been historically resistant to change. However, it is important to note that this pledge only covers emissions from production, not the burning of fossil fuels. This means that the oil and gas industry will still be responsible for a significant amount of emissions, even if they achieve their goal of net zero by 2050.
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Despite these concerns, the new energy pledge is a positive development. It shows that there is growing momentum to address climate change, and it could help to accelerate the transition to a cleaner energy future. However, more work needs to be done to ensure that the pledge is implemented effectively and that all countries and companies are held accountable to their commitments.
UN Secretary-General António Guterres has called for the world to “phase out fossil fuels” in time to keep global temperature rise below 1.5C above pre-industrial levels.
More world leaders are addressing COP28, which is now in its third day.
In a speech read on behalf of Pope Francis, he said that renewable energy was crucial to saving the world as well as “the elimination of fossil fuels, and education in lifestyles that are less dependant.”
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