Developed countries to overshoot carbon emissions goal: study
The HinduIn the run-up to a key global climate summit, an analysis shows that developed countries — responsible for three-fourths of existing carbon emissions in the atmosphere — will end up emitting 38% more carbon in 2030 than they have committed to, going by current trajectories, In fact, 83% of this overshoot will be caused by the United States, Russia, and the European Union, according to a study published last week by the Council for Energy Environment and Water, a Delhi-based thinktank. Falling short The CEEW study noted that the NDCs of developed countries already fall short of the global average reduction of emissions to 43% below 2019 levels that is needed to keep temperatures from rising above 1.5°C. For a fighting chance at keeping warming below critical tipping points, decades of negotiations have obliged developed countries to lead global efforts to reduce greenhouse gas emissions with legally binding targets. Most developed countries appear to be planning to achieve their 2050 net zero targets by taking on deep emission cuts only after 2030; which, going by their own track record, seems over-ambitious.