United States economist Jeffrey Sachs said COP21 in Paris is 'the moment of truth'.
Three-quarters of known fossil fuel reserves must be kept in the ground if humanity is to avoid the worst effects of climate change, a group of leading scientists and economists have said in a statement timed to coincide with Earth Day, which took place on Wednesday.
The Earth League, which includes Nicholas Stern, the author of several influential reports on the economics of climate change; Hans Joachim Schellnhuber, a climate scientist and adviser to Angela Merkel; and the United States economist Jeffrey Sachs, urged world leaders to follow up on their commitments to avoid dangerous global warming.
Spelling out what a global deal at the UN climate summit in Paris later this year should include, the group demanded governments adopt a goal of reducing economies’ carbon emissions to zero by mid-century, put a price on carbon and that the richest take the lead with the most aggressive cuts.
In its Earth statement, the group said that three quarters of known fossil fuel reserves must be left in the ground if warming was not to breach a rise of 2°C, the safety limit agreed to by governments.
Johan Rockström, the statement’s lead author, said: “From a scientific perspective, 2015 is a decisive moment. The window to navigate ourselves free from a ‘beyond 2°C future’ is barely open. It’s the last chance to navigate ourselves towards a desired future.
“It’s so frustrating, because it’s the choice of moving down a business-as-usual route with devastating outcomes for humanity and, at the same time, we have this almost unprecedented opportunity.
“We can transform the world economy to a fossil fuel-free one and, moreover, do it in a way that is security and health-wise more attractive.”
The statement says that failure by the world to act on climate change would bring a one in 10 chance of temperatures rising by more than 6°C by 2100, a level of risk that would be comparable with accepting 10?000 plane crashes daily worldwide.
Rockström said there was now enough scientific evidence that the world was approaching irreversible tipping points where the Earth’s system begins to accelerate the warming that man has already caused. Methane being released as permafrost thaws and melting ice, meaning less solar energy reflected back into space, are two examples.
“That’s the scientific nightmare,” Rockström said. “You don’t want the Earth to go from friend to foe … we need to bend the curve on emissions over the next 10 to 15 years.”
He said, however, that there was a significant gap between the group’s demands and what might be achieved at the Paris conference, COP21, with several significant players already playing down expectations.
Sachs said: “COP21 is the moment of truth, the last chance to stay within the 2°C upper limit.”
The statement called for developed countries to help scale up financial aid for developing countries to deal with climate change, and for Paris to agree to the beginnings of a strategy to make countries more resilient to the extreme weather a warming world is expected to bring. – © Guardian News & Media 2015