A strange new climate era is beginning to take hold

illuminem summarizes for you the essential news of the day. Read the full piece on The Washington Post or enjoy below:

🗞️ Driving the news: With global warming breaching the critical 1.5°C threshold this year, a new climate era is emerging
• While clean energy adoption is accelerating, emissions remain historically high, driven by rising energy demand and insufficient political will to phase out fossil fuels
• Experts warn that this trajectory could lead to severe environmental consequences by century's end

🔭 The context: The 2015 Paris Agreement aimed to limit warming to 1.5°C, but global policies fall short, projecting 2.6°C to 3.1°C of warming by 2100
• Advances in renewable energy, such as a 90% drop in solar and battery costs, contrast with the simultaneous rise in fossil fuel use
• Developing nations’ growing energy demands, if met with traditional fuels, threaten global climate goals

🌍 Why it matters for the planet: Warming beyond 1.5°C risks irreversible damage, including ice sheet collapse, sea-level rise, and mass biodiversity loss
• Developing nations, requiring rapid electrification, could either exacerbate emissions or help stabilize the climate depending on the energy path chosen

⏭️ What's next: Key climate decisions will focus on supporting clean energy transitions in developing economies and decarbonizing hard-to-abate sectors like aviation and concrete
• The next U.S. administration and global trade policies could significantly influence the affordability and spread of clean technologies

💬 One quote: “The renewable process is unstoppable. But what is at stake is the speed and the scale,”- Francesco La Camera, director of the International Renewable Energy Agency

📈 One stat: The UN estimates developing nations will need up to $387 billion annually by 2030 to adapt to intensifying climate impacts.

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