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Greening the `European Green DealĀ“ - Ambitious or Out of Touch?

Energy and Climate Law

Until 2030 the EU shall emit 55 % less Greenhouse Gas Emissions (GHG), compared to 1990 levels. This week the European Commission decided in the midst of the Covid-19 crisis to propose an amendment of its GHG-reduction goals for 2030. But given considerable issues with details of the plan, question marks are looming.

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Climate impacts of the #IRA

Real Climate

As you can see there are tax credits and subsidies for electric vehicles, renewable energy, nuclear energy, transmission, hydrogen, air pollution reduction, energy infrastructure, climate resilience, rural development, residential buildings, etc. The biggest unknowns are the geopolitical implications.

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Subnational Climate Action in the UK

Legal Planet

In sharp contrast with their American counterparts, British conservatives remain firmly behind the Paris Agreement and supportive of cap-and-trade. Scotland set a 2020 goal of 100% renewable energy electricity generation. There is an interim target of 75% reduction of 1990 levels by 2030. 2030 net-zero plan.

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South Korea and Climate Change

Legal Planet

In 2021, South Korea set a target under the Paris Agreement of a 40% cut from 2018 levels by 2030. South Korea also agreed to join the Global Methane Pledge and cut emissions one third by 2030. The government has also pledged that a third of new cars will be electric or hydrogen by 2030.

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The Fossil Fuel Industry Continues Producing Heat-Trapping Emissions that Drive Climate Change

Union of Concerned Scientists

As I show below, their cumulative emissions have continued to rise over the decades even as international efforts to confront climate change have been enacted through the United Nations Framework Convention on Climate Change and the Paris Agreement. Iā€™ve marked these important years with dotted lines in Figure 2.

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Analysis: Argentina targets huge expansion of renewable energy by 2030

A Greener Life

The countryā€™s new energy transition plan targets an estimated US$7.4 billion of hydropower investments by 2030. By FermĆ­n Koop New government plan says US$86 billion of spending needed to boost energy transition ā€“ while backing natural gas too. These targets represent a potentially significant shift in Argentina ā€™s energy mix.

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Will UN Climate Talks in Azerbaijan Deliver on Finance and Emission Reductions?Ā 

Union of Concerned Scientists

Thatā€™s because countries previously agreed under the Paris Agreement that, by the end of 2024, they would decide on the new quantum of climate finance for lower-income countries, building on the previous target of $100 billion/year. Hereā€™s whatā€™s on the agenda at COP29 in Baku, Azerbaijan, and why it matters.