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Governments’ Climate Pledges Not Enough to Meet Paris Accord

[ScienceFirst]

That should put additional pressure on PYR's Clients 

 

WSJ.com:

 

Governments’ Climate Pledges Not Enough to Meet Paris Agreement Targets, IEA Says

Lawmakers aren’t moving fast enough despite ambitious goals, according to OECD watchdog

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Andrew Forrest criticises use of carbon capture and storage saying it fails ‘19 out of 20 times’

As the Morrison government invests $250m in the technology, the Fortescue metals chief says ‘it’s a good soundbite but it doesn’t work’

Fortescue Metals Group boss Andrew Forrest has criticised “failed” carbon capture and storage technology and said the general population is entitled to feel sceptical about its use.

 

Forrest and the former prime minister Malcolm Turnbull launched a new organisation last month – the Green Hydrogen Organisation – which will advocate for Australia’s hydrogen industry to focus solely on green hydrogen produced from renewable sources.

Forrest is exploring green hydrogen through Fortescue Metals’ green arm Fortescue Future Industries, which is chaired by Turnbull.

Both men will fly to Glasgow for the global Cop26 climate talks in November, where countries will be expected to increase their ambition to make deep emissions cuts by 2030.