Disorderly Transition Likely With G20 Behind on Climate Commitments


Source: energyfuse.org energyfuse.org

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by Nick Cunningham | May 27, 2021 Share Print The world’s major economies are far off track on meeting their climate change targets, setting them up for a disorderly transition when they finally spring into action, according to a new report. Having waited too long to cut emissions, countries will “need to yank the handbrake on emissions to meet agreed climate goals,” creating tons of risk for financial markets and broader society, the report warned. G20 not on track China has led the world in renewable energy investment and deployment, high-speed rail, new transmission, and the world’s largest carbon market....