Even the developed countries, which account for only a third of all carbon dioxide, are unlikely to cut by more than 10% in the next ten years, so to meet the 1.5C target then would effectively mean zero emissions after 2030, plainly an absurd proposition. To meet that carbon budget would imply a halving of global emissions this decade, and then halving again in the 2030s. There is simply no way this is going to happen. But that won’t stop the myth of the 1.5C target being kept alive.
One of the top financiers for the project is none other than investment giant BlackRock, “the world’s largest investor in fossil fuels,” as characterized by The Australian Financial Review. BlackRock is giving the Gates project $100 million from its charitable arm, according to Bloomberg News. But here’s the kicker: After the BEC supplies the cash needed to get its eco-projects off the ground, Bloomberg News said, “debt financing and government funds can be raised to cover the remaining 90% of the cost.” This means taxpayer dollars will inevitably be sucked in to pay for the green pipe dreams of Gates.
Climate TRACE utilizes satellite data, machine learning and artificial intelligence to determine greenhouse gas emissions globally. It aims usher in an era of "radical transparency" and a more enforceable climate agreement by giving nonprofits, governments and the UN actionable intelligence to track and crack down on polluters.
The majority of the planet’s fossil fuel reserves must stay in the ground if the world wants even half a chance — literally — at meeting its most ambitious climate targets. A new study published yesterday in the journal Nature found that 60 percent of oil and natural gas, and a whopping 90 percent of coal, must remain unextracted and unused between now and 2050 in order for the world to have at least a 50 percent shot at limiting warming to 1.5 degrees Celsius. ...
In the United States, the study suggests that 31 percent of oil reserves, 52 percent of natural gas and 97 percent of coal must stay in the ground. These cuts are already steep. But it’s likely that the study has underestimated the challenge, the authors warn.
2021 Scare: "Imagine seeing the Lincoln Memorial surrounded by churning Potomac waters, or only being able to access the Pentagon by boat...The Pentagon, accessible by boat...The Lincoln Memorial would eventually be on an island in the Potomac River, if world keeps burning fossil fuels."