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

EUR -
AED 4.270005
AFN 76.153531
ALL 96.410443
AMD 443.754431
ANG 2.08129
AOA 1066.192275
ARS 1674.289959
AUD 1.750445
AWG 2.094307
AZN 1.968402
BAM 1.954365
BBD 2.343349
BDT 142.183154
BGN 1.955899
BHD 0.438317
BIF 3448.557153
BMD 1.162696
BND 1.508653
BOB 8.057084
BRL 6.317275
BSD 1.163531
BTN 104.623179
BWP 15.507214
BYN 3.363643
BYR 22788.846996
BZD 2.340082
CAD 1.609898
CDF 2592.81282
CHF 0.937371
CLF 0.02745
CLP 1076.865824
CNY 8.21282
CNH 8.211153
COP 4486.124055
CRC 568.882291
CUC 1.162696
CUP 30.811451
CVE 110.746738
CZK 24.252856
DJF 206.6344
DKK 7.468324
DOP 74.703469
DZD 151.279058
EGP 55.286442
ERN 17.440444
ETB 180.508946
FJD 2.641414
FKP 0.872948
GBP 0.874144
GEL 3.127523
GGP 0.872948
GHS 13.312683
GIP 0.872948
GMD 85.457629
GNF 10100.923472
GTQ 8.912303
GYD 243.381294
HKD 9.048713
HNL 30.520626
HRK 7.533925
HTG 152.374186
HUF 383.733366
IDR 19380.984213
ILS 3.748638
IMP 0.872948
INR 104.546568
IQD 1523.132121
IRR 48949.513535
ISK 148.802148
JEP 0.872948
JMD 186.1709
JOD 0.824371
JPY 182.38926
KES 150.278812
KGS 101.677509
KHR 4656.598749
KMF 492.982977
KPW 1046.422664
KRW 1708.861565
KWD 0.357111
KYD 0.969563
KZT 600.029421
LAK 25213.068747
LBP 104301.481894
LKR 359.110142
LRD 205.797527
LSL 19.835686
LTL 3.43314
LVL 0.703303
LYD 6.319231
MAD 10.758405
MDL 19.755984
MGA 5220.506172
MKD 61.561421
MMK 2441.715395
MNT 4124.411542
MOP 9.325472
MRU 46.321418
MUR 53.658625
MVR 17.909156
MWK 2019.006349
MXN 21.158397
MYR 4.786235
MZN 74.30812
NAD 19.835687
NGN 1687.417889
NIO 42.74078
NOK 11.801239
NPR 167.392771
NZD 2.011424
OMR 0.447054
PAB 1.163546
PEN 3.910108
PGK 4.940877
PHP 69.122832
PKR 325.962192
PLN 4.227389
PYG 8135.816251
QAR 4.233496
RON 5.089472
RSD 117.449771
RUB 89.760498
RWF 1688.234992
SAR 4.363055
SBD 9.569679
SCR 16.225157
SDG 699.373216
SEK 10.880518
SGD 1.508052
SHP 0.872323
SLE 28.016723
SLL 24381.157382
SOS 664.452601
SRD 44.903911
STD 24065.465424
STN 24.823565
SVC 10.18035
SYP 12855.885117
SZL 19.83494
THB 36.997168
TJS 10.721727
TMT 4.081064
TND 3.41106
TOP 2.799494
TRY 49.45273
TTD 7.880214
TWD 36.2388
TZS 2848.605916
UAH 49.116902
UGX 4121.92025
USD 1.162696
UYU 45.465834
UZS 13963.982292
VES 299.517868
VND 30663.20752
VUV 141.435343
WST 3.238699
XAF 655.475709
XAG 0.0191
XAU 0.000276
XCD 3.142245
XCG 2.09696
XDR 0.814404
XOF 654.598261
XPF 119.331742
YER 277.332112
ZAR 19.832227
ZMK 10465.665909
ZMW 26.906244
ZWL 374.387726
  • RBGPF

    0.7600

    79.11

    +0.96%

  • RELX

    0.0600

    39.54

    +0.15%

  • NGG

    -0.4400

    74.89

    -0.59%

  • CMSC

    0.0200

    23.24

    +0.09%

  • SCS

    0.0200

    16.14

    +0.12%

  • RIO

    1.3800

    74.4

    +1.85%

  • RYCEF

    -0.0500

    14.75

    -0.34%

  • BTI

    -0.1200

    57.29

    -0.21%

  • CMSD

    0.0500

    23.22

    +0.22%

  • GSK

    -1.2000

    47.27

    -2.54%

  • AZN

    -1.4600

    89.82

    -1.63%

  • BCE

    -0.1900

    23.15

    -0.82%

  • JRI

    -0.0190

    13.701

    -0.14%

  • BP

    -0.2300

    35.55

    -0.65%

  • BCC

    0.1900

    72

    +0.26%

  • VOD

    0.0000

    12.5

    0%

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