The Paris climate change agreement adopted at the end of 2015 has put renewable energy at the heart of global energy system with investments expected to grow further even amidst the decline in fossil fuels.
Less than a week after everybody celebrated the historical agreement
on Nov. 17 between the United States and China on reduction of CO2
emissions, a very cold shower has come from India.
Just a week after the Intergovernmental Panel on Climate Change (IPCC) gave its starkest warning yet that the vast majority of existing oil, gas and coal reserves need to be kept in the ground, a new report reveals that governments are flagrantly ignoring these warnings and continuing to subsidise exploration for fossil fuels.
Energy consumption and production are undergoing fundamental shifts but the world is still on course to a 3.6 degree C hotter climate according a report released during the U.N. climate talks in Warsaw.