• Privacy Policy
  • Terms & Conditions
Truth of Financial World
  • World News
  • Politics
  • Science
  • Business
No Result
View All Result
  • World News
  • Politics
  • Science
  • Business
No Result
View All Result
Truth of Financial World
No Result
View All Result
Home Science

COP29: Changes to our lives are certain if Starmer meets bold climate target – but a key ingredient is missing for success

November 13, 2024
in Science
COP29: Changes to our lives are certain if Starmer meets bold climate target – but a key ingredient is missing for success
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Keir Starmer’s arrival at COP29, with a promise to drastically cut the UK’s carbon emissions by 81%, will be a small ray of sunshine in an otherwise gloomy start to the climate talks.

The election of Donald Trump, who has vowed to drag the world’s largest economy out of the negotiations, was a colossal setback for a round of talks dedicated to raising ambition – and cash – for the transition away from fossil fuels.

If that wasn’t bad enough, Starmer was one of the few heads of the G20 to actually show up at the talks.

President Biden is absent – so too are the leaders of China, Brazil, Germany and France.

Starmer wants to portray the commitment to cutting emissions as a sign of his confidence the UK can be a leading economy without fossil fuels.

The prime minister’s pledge reinforces the message these talks are urgently trying to send – that net zero is an opportunity for growth, not economic suicide.

But back home it’s a political risk.

Getting to the 81% cut in emissions within 10 years will take a colossal and, in the short term, costly effort. One he was forced to insist would not involve his government telling people how to live their lives.

However, it will certainly involve changes to how people live.

Labour’s plans for zero-carbon electricity, already ambitious, won’t get us there alone.

Making homes more energy efficient and heating them without gas will be essential.

So too will fiddly things like protecting peat bogs, our uplands and reforming agriculture.

While it might be portrayed as political excess, in truth, the government had no choice.

The 81% target is the one the Committee on Climate Change advised the government is the only way it can meet its obligations under the UK Climate Change Act introduced by the Conservatives with cross-party support.

That piece of legislation is, in turn, the one designed to ensure the UK meets the terms of the Paris Agreement that the UN climate process is committed to.

So, while they’ll celebrate the prime minister’s announcement at this summit for the signal it sends to other less ambitious countries – it’s not seen as radical, but necessary.

And praise for the prime minister will be limited here in Baku.

COP29 is mainly about money – and agreeing on a new financial mechanism to allow poorer countries that have yet to burn their “share” of fossil fuels to not follow the path that made countries like ours rich.

Starmer has arrived at this summit with a bold domestic commitment, but no promise of additional money for that process.

The UK is not alone – many other rich countries aren’t willing to ask their taxpayers to fork out more cash to tackle climate change.

The rest of these talks will be taken up with how that reality tallies with the spiralling cost of climate impacts in both rich and poor countries alike.

This post appeared first on sky.com

Previous Post

Justice Alito plans to remain on Supreme Court, resisting pressure to step aside: report

Next Post

South Korean actor Song Jae-lim dead at 39

Next Post
South Korean actor Song Jae-lim dead at 39

South Korean actor Song Jae-lim dead at 39

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Israeli and Syrian official hold rare direct talks, Israeli source says

    Israeli and Syrian official hold rare direct talks, Israeli source says

    May 17, 2025
    Poland’s presidential election could end last vestige of populist resistance to PM Tusk

    Poland’s presidential election could end last vestige of populist resistance to PM Tusk

    May 17, 2025
    Head of controversial new Gaza aid group says he won’t be part of displacing Palestinians, urges UN to participate in plan

    Head of controversial new Gaza aid group says he won’t be part of displacing Palestinians, urges UN to participate in plan

    May 17, 2025
    Israeli military says it has launched first stages of major offensive in Gaza, same day Trump leaves region with no deal

    Israeli military says it has launched first stages of major offensive in Gaza, same day Trump leaves region with no deal

    May 17, 2025

    Disclaimer: truthoffinancialworld.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Browse by Category

    • Business
    • Politics
    • Science
    • World News

    Recent News

    Israeli and Syrian official hold rare direct talks, Israeli source says

    Israeli and Syrian official hold rare direct talks, Israeli source says

    May 17, 2025
    Poland’s presidential election could end last vestige of populist resistance to PM Tusk

    Poland’s presidential election could end last vestige of populist resistance to PM Tusk

    May 17, 2025
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 truthoffinancialworld.com | All Rights Reserved

    No Result
    View All Result
    • World News
    • Politics
    • Science
    • Business

    Copyright © 2024 truthoffinancialworld.com | All Rights Reserved