COP26: Just Transition Away From Fossil Fuels

Burning coal has accounted for 0.3°C of the roughly 1°C rise since pre-industrial times. Natural gas also emits methane which has global warming potential 25 times higher than that of carbon dioxide. As of now, limiting warming to 1.5°C could require developing no new oil, gas or coal fields. By 2024, global demand for natural gas is estimated to increase by 7% from pre-Covid-19, 2019 levels, largely because countries such as India are promoting gas as a transition fuel to replace the more polluting coal and oil in sectors such as electricity generation, industry and transport. Some 70% of India’s…