Kerry warns world will blow through critical climate change threshold unless global leaders step up
But he warned that the world is not on that track yet.
“We’re way behind, and we’re not going to catch up” by the end of this year, Kerry said. “We could be deploying the renewable technology we have today much faster, to a much greater extent, and begin to bring down emissions — not withstanding Ukraine [and] the pressure people are feeling about the supply of oil and gas.”
Kerry’s major focus heading into COP27 this November, in Sharm-el-Sheikh, Egypt, is trying to convince countries to follow through on their Glasgow pledges, and to keep increasing their ambition.
Democrats in Congress see Memorial Day as an unofficial deadline to have a deal by. But key swing vote Sen. Joe Manchin of West Virginia is also convening bipartisan energy talks, leading to confusion over the path forward.
Kerry said that the private sector needs signals and investments from the government to speed the energy transition.
“They need signals from the government — a tax credit, an incentive,” Kerry said. “They need to know the demand is real and it’s going to be implemented. This is an exciting, transformational moment where we’re really at the brink of a new industrial revolution.”
Quoted from Various Sources
Published for: Ipodifier