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Title: Global CO2 emissions nearing peak despite renewables growth

by Lucas Fernandez – World Editor

Global Fossil Fuel Emissions Climb, Threatening Climate Goals

DUBAI, UAE – November‌ 10, 2023 – A critical juncture in the fight against climate change has arrived as new data reveals ​a resurgence in global fossil fuel emissions, ‍jeopardizing international efforts to⁢ limit warming to 1.5 degrees Celsius. The findings,‍ presented at ‌the COP28 climate summit,⁤ underscore a stark paradox: despite unprecedented technological advancements offering pathways to decarbonization, the world remains on a trajectory toward possibly​ catastrophic temperature increases.

The dilemma,as articulated by Dr. Bill Hare of the Climate Action ‌Tracker ⁤team, is ​”diabolical.” While the chance⁣ exists to accelerate the transition to clean energy and capitalize⁤ on emerging technologies, a failure to ⁤act decisively could lock in decades of‍ reliance on fossil fuels – specifically gas and oil – and propel the planet toward 2.5C or even 3C⁤ of⁤ warming. This ‌escalation would ‍trigger more extreme weather events,​ sea level rise, and widespread ecological damage, disproportionately impacting vulnerable populations ‌worldwide.

Dr. Hare emphasized⁣ the unprecedented nature ‌of the current situation, stating, “It’s very clear that we have never‌ had a better chance to do this. It’s ‌also clear that we’ve never been in ⁤a worse situation.” The outcome of COP28, therefore, is ​pivotal. A commitment to phasing⁢ out fossil fuels ‍and ⁣scaling up renewable energy sources is‍ essential to avert the moast severe consequences of climate change, but a lack of ambition could cement a hazardous future.

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