Dubai Telegraph - Efforts to clean up power sector too slow: watchdog

EUR -
AED 4.196974
AFN 71.987365
ALL 94.38029
AMD 420.56237
ANG 2.0458
AOA 1047.808193
ARS 1692.536689
AUD 1.658559
AWG 2.058194
AZN 1.948967
BAM 1.95956
BBD 2.301416
BDT 140.830254
BGN 1.932081
BHD 0.430817
BIF 3399.393709
BMD 1.142648
BND 1.478023
BOB 7.913012
BRL 5.930112
BSD 1.142693
BTN 107.968831
BWP 15.528459
BYN 3.31383
BYR 22395.895876
BZD 2.29809
CAD 1.622531
CDF 2590.955979
CHF 0.922665
CLF 0.02677
CLP 1053.589863
CNY 7.767891
CNH 7.768096
COP 3938.741069
CRC 518.290066
CUC 1.142648
CUP 30.280165
CVE 110.476522
CZK 24.259893
DJF 203.070879
DKK 7.474333
DOP 67.949801
DZD 152.186381
EGP 56.221583
ERN 17.139716
ETB 184.215981
FJD 2.567815
FKP 0.865964
GBP 0.861951
GEL 3.02234
GGP 0.865964
GHS 12.923518
GIP 0.865964
GMD 83.413115
GNF 10017.179202
GTQ 8.717653
GYD 239.013439
HKD 8.960821
HNL 30.579414
HRK 7.534504
HTG 149.345288
HUF 353.925949
IDR 20413.402032
ILS 3.413717
IMP 0.865964
INR 108.030089
IQD 1496.859383
IRR 1571426.316788
ISK 144.007988
JEP 0.865964
JMD 179.925278
JOD 0.810155
JPY 185.047232
KES 147.976556
KGS 99.924392
KHR 4594.777197
KMF 495.909448
KPW 1028.383374
KRW 1761.471197
KWD 0.353718
KYD 0.952206
KZT 554.792512
LAK 25627.955935
LBP 102322.518891
LKR 384.213947
LRD 207.954516
LSL 18.774264
LTL 3.373942
LVL 0.691176
LYD 7.341055
MAD 10.707848
MDL 20.196315
MGA 4862.288211
MKD 61.639484
MMK 2399.159944
MNT 4090.596041
MOP 9.230511
MRU 45.603513
MUR 53.97846
MVR 17.653985
MWK 1981.358891
MXN 19.981363
MYR 4.651949
MZN 73.012942
NAD 18.774428
NGN 1578.991219
NIO 42.050327
NOK 11.333128
NPR 172.752
NZD 2.021544
OMR 0.439343
PAB 1.142668
PEN 3.902054
PGK 5.016627
PHP 69.928496
PKR 317.741067
PLN 4.287729
PYG 6958.353127
QAR 4.165193
RON 5.242583
RSD 117.352336
RUB 87.981157
RWF 1677.382208
SAR 4.2924
SBD 9.200546
SCR 15.468865
SDG 685.588459
SEK 11.093279
SGD 1.476647
SHP 0.853102
SLE 28.334204
SLL 23960.756155
SOS 653.047487
SRD 42.843007
STD 23650.501403
STN 24.547106
SVC 9.998143
SYP 126.299253
SZL 18.769855
THB 38.016189
TJS 10.592195
TMT 3.999267
TND 3.384595
TOP 2.751222
TRY 53.290347
TTD 7.767839
TWD 36.395049
TZS 2999.453773
UAH 51.282612
UGX 4188.036871
USD 1.142648
UYU 45.978233
UZS 13771.427463
VES 709.302001
VND 30040.209315
VUV 136.179938
WST 3.17757
XAF 657.212443
XAG 0.01962
XAU 0.000284
XCD 3.088062
XCG 2.059334
XDR 0.81856
XOF 657.215325
XPF 119.331742
YER 272.664285
ZAR 18.749138
ZMK 10285.201947
ZMW 20.687246
ZWL 367.932109
  • NGG

    0.5750

    83.585

    +0.69%

  • RIO

    0.5600

    94.3

    +0.59%

  • JRI

    0.1200

    12.91

    +0.93%

  • BCE

    -0.6050

    22.315

    -2.71%

  • CMSC

    0.1200

    22.05

    +0.54%

  • RBGPF

    0.2000

    61.5

    +0.33%

  • GSK

    0.0350

    52.535

    +0.07%

  • BTI

    -0.4000

    62.36

    -0.64%

  • RYCEF

    0.0000

    18.75

    0%

  • RELX

    -0.0550

    31.285

    -0.18%

  • BCC

    -2.1800

    78.84

    -2.77%

  • AZN

    1.6400

    190.05

    +0.86%

  • BP

    0.5000

    37.63

    +1.33%

  • VOD

    -0.1900

    13.7

    -1.39%

  • CMSD

    0.1200

    21.89

    +0.55%

Efforts to clean up power sector too slow: watchdog
Efforts to clean up power sector too slow: watchdog / Photo: STRINGER - AFP

Efforts to clean up power sector too slow: watchdog

Many of the most polluting countries are failing to cut carbon emissions from their energy sectors quickly enough to meet the goal of limiting global warming to 1.5 degrees Celsius, a watchdog said on Tuesday.

Text size:

The report comes days after the United Nations said the world was facing catastrophic climate change and was perilously far from meeting goals for slashing carbon pollution.

Slashing greenhouse gas emissions from the highly polluting power generation sector is vital to meet the goal of the 2015 Paris Agreement.

Under that accord, nations agreed to try and cap Earth's temperature rise to 1.5C above mid-19th century levels.

A fierce debate over how to move away from generating energy by burning fossil fuels is likely to take centre stage at crunch UN climate talks beginning in Dubai in November. The negotiations are seen as the most important since the Paris deal.

Climate Action Tracker (CAT), a scientific monitoring group, measured what progress had been made towards meeting the 1.5C goal -- both worldwide and in individual countries -- by setting targets for the share of gas, coal and renewables countries used to generate power.

None of the countries or blocs assessed -- Australia, Brazil, Britain, Chile, China, the European Union, Germany, India, Indonesia, Japan, Mexico, Morocco, Turkey, South Africa, the United Arab Emirates and the United States -- were fully on track to meet the targets, it said.

"Governments still appear to be hedging their bets and procrastinating on a fossil fuel phaseout" despite the opportunities for wind and solar expansion, said the report's lead author, Neil Grant.

The future of fossil fuels, he said, is "one of swift decline".

To clean up the power sector by 2040, developed nations must phase out coal by 2030 and "unabated" fossil gas by 2035. Developing countries need to follow suit by 2040, CAT said.

"Unabated" generally refers to fossil fuels that are burned without their polluting emissions being captured before they are released into the atmosphere.

All countries must derive more than 80 percent of their electricity from renewable sources like wind and solar by 2035, and between 90 and 100 percent by 2050, if they are to meet the CAT benchmarks.

No country CAT analysed had an explicit gas phaseout plan, it said.

Most countries were not doing enough to speed up their transition to renewable energy, with Japan and Mexico the worst laggards, it said.

Despite plans for new coal plants falling globally, the report raised concerns about a "spree" of permits for new facilities in China.

- Renewables boom 'too slow' -

No country was on track to meet all the three targets, CAT said.

Britain was the only country to be on track to meet one of the targets because it planned to phase out coal by 2024, it said.

The EU, Germany, Chile and South Africa were moving in the right direction.

The targets the United States and Britain have set for decarbonising their power sectors by 2035 are in line with the 1.5C goal. But both countries need to do more to actually achieve these targets, the report said.

And renewables are not being brought on stream fast enough to enable fossil fuels to be phased out in time, it said.

It did note, however, that Germany and Chile were "ahead of the pack" in switching to renewables.

Oil-producing nations have for years touted the idea of capturing carbon emissions before they go out into the atmosphere as a potential solution for curbing global warming.

Climate experts warn this could be a distraction from urgently weaning the world off fossil fuels.

The oil- and gas-dependent United Arab Emirates, which will host the key UN climate talks in November, advocates phasing out carbon emissions rather than the fossil fuels themselves.

But CAT pointed out that carbon capture and storage could play no role in curbing greenhouse gas pollution from the coal sector and only a marginal one in gas-derived energy.

As for developing nations, they urgently need financial aid to wean themselves off fossil fuels, the group said.

The handful of "Just Energy Transition Partnerships" initiatives championed by wealthier countries was insufficient, it said.

A.Murugan--DT