According to a U.N. report released Wednesday, global temperatures will increase by as much as 3% by the end of the century.
According to a U.N. report, greenhouse gas emissions are expected to rise more than 10% over the next two decades.
According to the U.N. Framework Convention on Climate Change report, greenhouse gas emissions will increase by 10.6% by the year 2030.
The increase is well above the 43% emissions reduction that the U.N. Intergovernmental Panel on Climate Change deems necessary to meet the Paris Climate Agreement's goal of limiting global temperature rise to 1.5 degrees Celsius.
Even though several countries have pledged to substantially reduce emissions, deeper cuts are needed to meet the 1.5 degree goal.
The report attributes the decrease in the increase to a series of carbon emissions reduction plans and other climate- change related adaptation.
According to the report, emissions are unlikely to keep increasing past the year 2030.
The study comes amid devastating wildfires this year that have scorched parts of Europe, as well as the West Coast and Rocky Mountains, and summer heat waves and worldwide droughts, all of which were made worse by rising temperatures accelerated by climate change. The Inflation Reduction Act will reduce America's greenhouse gas emissions by 40% by the year 2030. The Paris Climate Agreement aims to hold global temperatures to 1.5 degrees above pre-industrial levels.
Republicans argue that the Inflation Reduction Act will hurt American energy producers at a time when people are struggling with rising gas prices. Democratic lawmakers inserted provisions into the landmark legislation for investment in fossil fuels and subsidies for new pipelines in order to gain the support of moderate Democrats.
Major fossil fuel companies are not doing enough to curb emissions according to a study published in August in Nature Communications. Net-zero emissions goals have been set by the three companies analyzed in the report, with Equinor and Shell both hoping to achieve it by the year 2050.
The UN says current emissions pledges will cause a catastrophic climate breakdown.
The Fossil Fuel Giants' plans to Slash Greenhouse Gasses won't reach the Paris Climate Goals.
According to a study, the U.S. and China caused over a trillion dollars in economic damage.
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