About Energy

Halfway between the last COP28 in UAE and the next COP29 in Azerbaijan, the climate change debate insists on the need to implement more effective actions to lead in reducing greenhouse gases emissions to maintain the increase of global temperature up to 1.5°C. The result of the “first global stocktake”, the core of COP28 agenda, showed that we are far from achieving the Paris Agreement objective and commitments. To limit global warming up to 1.5°C, greenhouse gases must be reduced by 43% in 2030, compared to 2019 levels. [1] Likewise, the agency Wood Mackenzie adjusted its sceneries, while still maintain the premises of its base case, considered “the most probable case”, now a new scenery called “delayed energy transition” has been added, in which, a delay of five years in decarbonization actions has been analyzed. The base case considers a global average temperature rise to 2,5°C by 2050, based on energy transition relied on policies promoting the progressively use of renewable energy...