The combined emissions of the richest 1% of the global population account for more than twice the share of the poorest 50%.

That’s according to the Emissions Gap Report by UN Environment Programme (UNEP), which suggests the richest 1% will need to reduce their current emissions by at least a factor of 30 to help the planet meet the 1.5°C goal of the Paris Agreement.

The Richest 1% Will Need to Reduce Their Current Emissions! | Devamı>>>

Shortly after the global COVID-19 pandemic really took hold early this year, the energy and environment-focused news media became suddenly filled with boosterism stories about the supposedly accelerating Energy Transition. These stories all pushed the thesis that pandemic and its resulting bust in oil prices would somehow accelerate the flow of capital into renewables and electric vehicles (EVs) to the detriment of fossil fuels.

This all seemed to be a bit counter-intuitive to me for a couple of compelling reasons.

Is The Energy Transition Really Accelerating? | Devamı>>>