Leading climate scientists send the grimmest of warnings

Presented by Equinor: Your guide to the political forces shaping the energy transformation

Mar 20, 2023 View in browser   By Arianna Skibell Presented by Equinor Flames close in on cars parked along a country road at the Blue Cut Fire near Wrightwood, California. | David McNew/Getty Images Climate change is wreaking havoc on the planet, in some instances irreversibly, and the world isn’t reducing planet-warming pollution fast enough to stop it. That’s the blunt takeaway from the U.N. Intergovernmental Panel on Climate Change, an international body made up of the world’s leading climate scientists. Its latest report on the science and consequences of global warming was seven years in the making, writes POLITICO’s E&E News reporter Chelsea Harvey. “The report clearly notes that the effects of climate change grow worse and worse with every little incremental bit of additional warming,” Chelsea told Power Switch. “So it’s imperative to reduce emissions as swiftly as possible in order to limit even worse outcomes in the future as much as we can.” The assessment sends a warning that the effects of climate change are already happening. And humanity is not on track to curb carbon pollution from fossil fuel production, agriculture and other sources enough to halt warming at 1.5 degrees Celsius, the most ambitious international target. In fact, at the rate the world is burning carbon, the 1.5 C threshold will likely arrive in the next decade. The world has already warmed 1 degree since the preindustrial era. Wildfires, floods, droughts and hurricanes are growing more severe. Sea levels are swelling as coastal communities and island nations face existential threats from encroaching waters. Intensifying droughts and agricultural disruptions are creating food and water insecurity. Infectious diseases are surging. And people around the world are increasingly being displaced by climate-fueled disasters. Human mortality rates from climate disasters were 15 times higher in highly vulnerable regions of the world, compared with more developed places, the report found. Sounding the alarm The authors' message is clear that societies must take immediate — even radical — action to strip carbon pollution from every sector. This means overhauling just about every aspect of human life, Chelsea said. The report also emphasizes the need for nations to adapt, given that some climate impacts, like sea-level rise, are irreversible (well, for at least hundreds or thousands of years). Even more unsettling: Far too many scientific unknowns exist about how and when the most devastating impacts will hit, write POLITICO reporters Karl Mathiesen and Zia Weise. United Nations Secretary-General António Guterres said the report’s findings mean nations need to “massively fast-track climate efforts.” He called on the European Union as well as the United States and other wealthy countries to hit their climate targets by 2040 instead of 2050 in order to avert dangerous global warming, write POLITICO reporters Zia Weise and Federica Di Sario. This is a tall order. The United States, for example, isn’t even on track to meet its 2050 targets. And President Joe Biden just approved a massive oil project expected to release 280 million metric tons of carbon pollution into the atmosphere over 30 years.   It's Monday— thank you for tuning in to POLITICO's Power Switch. I'm your host, Arianna Skibell. Power Switch is brought to you by the journalists behind E&E News and POLITICO Energy. Send your tips, comments, questions to askibell@eenews.net.   A message from Equinor: The energy transition is the defining opportunity of our time. We all have a role to play. At Equinor, we’re doing our part by growing our renewable energy portfolio and lowering emissions from production. By the time the global population reaches 9 billion in 2050, our goal is to have net-zero emissions. Discover more about Equinor at www.equinor.com/USA.   Listen to today’s POLITICO Energy podcast Today in POLITICO Energy’s podcast: POLITICO reporters break down why the GOP's push to hasten the permitting process for big infrastructure projects won’t dramatically speed up the approvals. Power Centers A large plume of smoke rises from BP's Deepwater Horizon offshore oil rig in 2010. | AP Photo/Gerald Herbert 'Climate homicide' A new academic paper says that oil majors can be held criminally responsible for climate-related deaths that occurred after companies allegedly deceived the public about the dangers of burning fossil fuels, writes Lesley Clark. The authors of the research say the novel legal theory — known as “climate homicide” — is already stirring interest from prosecutors. Hydrogen debates Plans by Massachusetts utilities to blend low-carbon hydrogen into natural gas distribution networks to feed homes and other buildings have sparked a national debate over what “green” hydrogen could mean for the electric grid, writes David Iaconangelo. The debate came to the forefront this month when a coalition of environmental nonprofits published a report saying that making green hydrogen is an energy-intensive process that would divert other clean electricity from the grid.   A message from Equinor:   In Other News Japanese cherry trees bloom along the National Mall in Washington, D.C. | Al Drago/Getty Images Impacts: Climate change is making cherry trees blossom early, and it's putting them at risk. Oil & gas: Fossil fuel executives see a "golden age" for gas, if they can brand it as "clean."   DOWNLOAD THE POLITICO MOBILE APP: Stay up to speed with the newly updated POLITICO mobile app, featuring timely political news, insights and analysis from the best journalists in the business. The sleek and navigable design offers a convenient way to access POLITICO's scoops and groundbreaking reporting. Don’t miss out on the app you can rely on for the news you need, reimagined. DOWNLOAD FOR iOS– DOWNLOAD FOR ANDROID.     Subscriber Zone A showcase of some of our best subscriber content. Young activists chant as they march during a Global Climate Strike demonstration on Sept. 20, 2019, in San Francisco. | Justin Sullivan/Getty Images Two Brookings Institution scholars are calling for the United States to pay Black Americans, who are “distinctly exposed” to climate impacts, reparations for ongoing hardships stemming from slavery. President Joe Biden has vetoed his first bill, blocking the repeal of a Labor Department rule that permitted retirement investing tied to environmental and social goals. A Texas court has ruled that state utility regulators erred when they hiked electricity prices during a 2021 winter storm, reopening a tussle over billions of dollars of energy costs. That's it for today, folks! Thanks for reading.   A message from Equinor: The energy transition is the defining opportunity of our time. Our world needs energy to keep moving forward — but it must be affordable, reliable, and accessible. We all have a role to play. At Equinor, we’re doing our part by helping accelerate the energy transition. We’re growing our renewable energy portfolio and lowering emissions from production. We’re already on the way to powering 2,000,000 New York homes with energy from the Empire Wind and Beacon Wind offshore wind projects. We’re creating jobs, building tomorrow’s infrastructure, and sparking new economic activity. But for us, that’s only the beginning. By the time the global population reaches 9 billion in 2050, our goal is to have net-zero emissions. Discover more about Equinor at www.equinor.com/USA.     LISTEN TO POLITICO'S ENERGY PODCAST: Check out our daily five-minute brief on the latest energy and environmental politics and policy news. Don't miss out on the must-know stories, candid insights, and analysis from POLITICO's energy team. Listen today.       Follow us on Twitter Arianna Skibell @ariannaskibell   Follow us

To change your alert settings, please log in at https://www.politico.com/_login?base=https%3A%2F%2Fwww.politico.com/settings This email was sent to rouf@idiot.cloudns.cc by: POLITICO, LLC 1000 Wilson Blvd. Arlington, VA, 22209, USA Please click here and follow the steps to unsubscribe.