The Paris Agreement temperature target, which aims to try and limit warming to 1.5°C above pre-industrial levels and "well below" 2°C, is in serious jeopardy. Though this year's breach is likely to be temporary, with global temperatures boosted by El Niño, Zeke Hausfather, researcher at non-profit group Berkeley Earth, told the Guardian that the 1.5C goal is "deader than a doornail".
That sentiment has been echoed throughout the scientific community, but we have yet to grapple with what that means. As recently as November at COP29, the United Nations climate change conference in Azerbaijan, there were promises and pledges to keep "1.5°C within reach". There's a myriad of reasons not to move the goal-posts, but in 2025, there ought to be a shift in the messaging. Rather than empty words about keeping a number alive, we need realism – yes, we are likely to breach 1.5°C, but we can still act to limit warming – followed by action.
This story is from the January 01, 2025 edition of Financial Express Kolkata.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January 01, 2025 edition of Financial Express Kolkata.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
ICC explores two-tier Test cricket system
ICC chief Jay Shah will meet Cricket Australia chair Mike Baird and his England counterpart Richard Thompson to discuss the finer points
Top IITs see a drop in campus placements
● More students likely getting jobs independently
US set to lift curbs on Indian nuclear entities
EYEING DEEPER ENERGY TIES
Consent Manager Framework: A Key Big Tech Concern
CONSENT MANAGERS MUST meet stringent registration criteria, including being based in India with a minimum net worth of ₹2 crore and implementing robust security measures to prevent data breaches.
D-Street catches flu
HEADWINDS FOR MARKETS at the start of the year include higher US 10-year yields and a stronger dollar, the potential imposition of additional US tariffs on Asia-Pacific economies, and elevated economic policy uncertainty and geopolitical risk, Goldman Sachs strategists said in a note while trimming the MSCI Asia Pacific ex-Japan index’s target to 620 from 630, as per a Bloomberg report.
D-Street catches flu
HEADWINDS FOR MARKETS at the start of the year include higher US 10-year yields and a stronger dollar, the potential imposition of additional US tariffs on Asia-Pacific economies, and elevated economic policy uncertainty and geopolitical risk, Goldman Sachs strategists said in a note while trimming the MSCI Asia Pacific ex-Japan index's target to 620 from 630, as per a Bloomberg report.
Q-comm boost to gig worker hiring in 2025
THE HIRING BOOM will be driven by the expansion of dark stores, fuelled by new entrants and increased investments from established players.
Banks, NBFCs See Hit To...
THESE SUBSIDIARIES THEN use the data to approach the customer and offer products and services such as insurance, mutual funds, demat accounts and other related financial solutions.
Eight jawans among 9 killed in Naxal attack
IN THEIR BIGGEST strike on security forces in Chhattisgarh in two years, Naxals blew up a vehicle using an improvised explosive device weighing 60 to 70 kg, killing eight security personnel and their civilian driver in Bijapur district on Monday, police said.
Cautious Outlook for Auto Companies in Q3
• No segment shows growth except tractors