“Scientific assessments of the carbon contained in existing fossil fuel reserves suggest that full exploitation of these reserves is incompatible with the agreed target of no more than 2°C of global warming. The unrestricted extraction of these reserves undermines attempts to limit greenhouse gas emissions. We will start negotiating a global budget for the extraction of fossil fuels from existing reserves, as well as a date for a moratorium on the exploration and development of new reserves. In line with the quantification of the fossil carbon that can be extracted without a high chance of exceeding 2°C of global warming, we will develop a timetable for annual reductions towards that budget. We will develop mechanisms for allocating production within this budget and for enforcement and monitoring.”
The World Bank will invest heavily in clean energy and only fund coal projects in “circumstances of extreme need” because climate change will undermine efforts to eliminate extreme poverty, says its president Jim Yong Kim.
Talking ahead of a UN climate summit in Peru next month, Kim said he was alarmed by World Bank-commissioned research from the Potsdam Institute for Climate Impact Research in Germany, which said that as a result of past greenhouse gas emissions the world is condemned to unprecedented weather events.
“The findings are alarming. As the planet warms further, heatwaves and other weather extremes, which today we call once-in-a-century events, would become the new climate normal, a frightening world of increased risk and instability. The consequences for development would be severe, as crop yields decline, water resources shift, communicable diseases move into new geographical ranges, and sea levels rise,” he said.
As hinted by the French president, Canada plays a leading role in destroying the atmosphere. Mechanical engineer John Abraham of the University of Saint Thomas in Minnesota told Scientific American: “If we burn all the tar sand oil, the temperature rise, just from burning that tar sand, will be half of what weve already seen — an estimated additional nearly 0.4 degrees Celsius from Alberta alone.”
There are calls for Canadians to go to Gaza.
Abu Hasna, the UN agency spokesman, said the international community must step in.”Its the responsibility of the world to tell us what we shall do with more than 200,000 people who are inside our schools, thinking that the UN flag will protect them,” he said. “This incident today proves that no place is safe in Gaza.”
The United Nations secretary-general on Sunday urged world policymakers to do more to address the threat of climate change as negotiators attempt to forge a new global warming pact next year.
Speaking to hundreds of international delegates at the start of a climate gathering in Abu Dhabi, Ban Ki-moon warned that time is running out to reduce harmful emissions and that political leaders need to offer bold commitments to drive meaningful change.
“If we do not take urgent action, all our plans for increased global prosperity and security will be undone,” he warned.
Ban was in the United Arab Emirates capital to mark the start of a conference meant to lay the groundwork for a climate summit he has called for world leaders in September.
n an effort to curb global climate change, policy makers and scientists agreed in 2010 that the total levels of CO2 emissions should not exceed 350 parts per million. That magic number would still lead to an average planet-wide temperature rise of 2 degrees Celsius, but it would at least stave off the worst effects from a warming planet. But with CO2 levels surpassing 400 parts per million for several days last month according to data collected at a Hawaiian monitoring station, politicians are being urged this week to draft a backup plan at their meeting in Bonn, Germany. The authors of a new study from the German Institute for International and Security Affairs are urging UN envoys to establish a new target that would be more realistic in light of recent discoveries.