NewEnergyNews: QUICK NEWS, December 2: U.N. Forecasts 3.2°C Long Term Rise; Battery Cost Drop Opens New Energy Era

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    Monday, December 02, 2019

    QUICK NEWS, December 2: U.N. Forecasts 3.2°C Long Term Rise; Battery Cost Drop Opens New Energy Era

    U.N. Forecasts 3.2°C Long Term Rise Cut global emissions by 7.6 percent every year for next decade to meet 1.5°C Paris target - UN report

    November 26, 2019 (United Nations Environment Program)

    “…Unless global greenhouse gas emissions fall by 7.6 per cent each year between 2020 and 2030, the world will miss the opportunity to get on track towards the 1.5°C temperature goal of the Paris Agreement…[Under] all current unconditional commitments under the Paris Agreement are implemented, temperatures are expected to rise by 3.2°C [by 2100], bringing even wider-ranging and more destructive climate impacts…[According to the United Nations Environment Program’s annual Emissions Gap Report, collective] ambition must increase more than fivefold over current levels to deliver the cuts needed over the next decade for the 1.5°C goal…

    The Intergovernmental Panel on Climate Change (IPCC) has warned that going beyond 1.5°C will increase the frequency and intensity of climate impacts…G20 nations collectively account for 78 per cent of all emissions, but only five G20 members have committed to a long-term zero emissions target…[All nations must substantially increase ambition] in 2020 and follow up with policies and strategies to implement them…The report finds that greenhouse gas emissions have risen 1.5 per cent per year over the last decade…[Cuts in emissions of 7.6 per cent per year from 2020 to 2030 are needed] to meet the 1.5°C goal and 2.7 per cent per year for the 2°C goal…” click here for more

    Battery Cost Drop Opens New Energy Era Battery Storage Costs Drop Dramatically, Making Way to a New Era; A recent report continues to confirm that clean electrification through batteries is advancing at impressive rates.

    Fabienne Lang, November 26, 2019 (Interesting Engineering)

    “Clean electrification of transport vehicles is advancing at impressive, and rapid, rates…[E]xploding investment in battery technologies is revolutionizing the sector much faster than expected and setting in motion a seismic shift in how we will power our lives and organize energy systems as early as 2030…[Based on data from the U.S., the E.U., China, and India, a new report found] the more than $1.4 billion invested in battery technologies in the first half of 2019 alone, massive investments in battery manufacturing and steady advances in technology have set in motion a seismic shift in how we will organize energy systems as early as 2030…

    [It] will, by 2021,] push solar and wind power forward, and cut back the use of fossil fuels more quickly…[The three main takeaway points from the RMI report are that battery] cost and performance improvements are quickly outpacing forecasts…These improvements spell trouble for natural gas and internal combustion engine vehicle markets…Lithium-ion, while still the leading batter technology, is likely not the universal solution of future energy storage technologies…” click here for more

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