The recent report of Intergovernmental Panel on Climate Change (IPCC) on the aspirational target in the Paris Agreement of limiting global temperature increase to 1.5°C makes three important points:
- Meeting the aspirational 1.5°C target would require us to abandon coal and other fossil fuels in the next 10-12 years. This is theoretically feasible but in practice quite impossible given the investments already made and planned in the production and use of fossil fuels.
- Staying with the agreed 2°C target would imply significantly higher risks relative to the 1.5°C target including doubling of the number of people affected by water scarcity, more
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