We no longer need the Cop circus – technology and markets are already solving the climate problem
Whether the world cuts carbon emissions fast enough to secure a 1.5-degree planet depends on the arms race for clean-tech dominance between the US and China.
It does not depend significantly on anything done, and even less said, at the Cop28 summit in Dubai,
“A global, irreversible, solar tipping point may have passed where solar energy gradually comes to dominate global electricity markets, without any further climate policies,” concluded a recent paper by the World Bank and Europe’s leading universities.
The “technological learning rate” of solar, wind, and now batteries is so relentless that a 24/7 mix is already cheaper than new coal in most of the world, and will become massively cheaper almost everywhere over time.
Ambrose Evans-Pritchard Telegraph 5 December 2023
China’s carbon emissions have either peaked already or will do this winter,
seven years ahead of schedule. They may plateau for a year or two but will then go into exponential decline for mechanical and unstoppable reasons.
The country’s target of net zero by 2060 is likely to be achieved a decade earlier than previously assumed, and perhaps earlier than in Europe.
This is a remarkable turn of events.
Ambrose Evans-Pritchard 27 November 2023
China’s CO2 emissions may be falling already, in a watershed moment for the world (telegraph.co.uk)
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