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Global Greenhouse Gas Emissions

All articles tagged with #global greenhouse gas emissions

environment2 years ago

The Surprising Role of Oil Giants in the Electric Vehicle Transition

Two- and three-wheeled vehicles, such as motorcycles and rickshaws, are transitioning to electric power faster than cars in countries prioritizing the energy transition, leading to a significant reduction in oil demand. In countries like Kenya, India, Indonesia, and Thailand, startups and established manufacturers are promoting and selling battery-powered two-wheelers, displacing oil demand by one million barrels a day. This shift to electric mobility has reduced global oil demand by 1.8 million barrels per day, with two- and three-wheelers accounting for 60% of that reduction. Electric vehicles are crucial for the energy transition and meeting climate goals, as transportation accounts for about 20% of global greenhouse gas emissions.

climate-change2 years ago

Global Sea Level Rise Poses Dire Threat to Over 70 Million People

More than 70 million people worldwide are at risk of increased flooding due to sea level rise, with the number projected to grow five-fold by the end of the century if global greenhouse gas emissions continue. Coastal communities in the U.S. are already experiencing the threat, with over 260,000 Americans living in areas at risk of flooding in the next 20 years. The most extreme risks are expected in Latin America, the Caribbean, the Pacific, and small island states. Swift action to reduce emissions is crucial in mitigating the impact on coastal communities. The melting glaciers in the Arctic contribute to rising sea levels and extreme weather events.

climate-change2 years ago

COP28 Urges Fossil Fuel Firms to Take Public Responsibility and Address Climate Gaps

U.S. Climate Envoy John Kerry has called on fossil fuel companies to take responsibility for cutting CO2 emissions and contribute to global efforts to combat climate change. As countries prepare for the U.N. COP28 climate summit, which will focus on phasing out CO2-emitting coal, oil, and gas, Kerry emphasized the need for these companies to prove their commitment. While some major oil and gas companies have made investments in carbon removal and renewable energy, there are concerns about the scale and impact of these efforts. Governments and industry must work together to develop a plan for phasing out fossil fuels while increasing investments in renewables.