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Climate consensus appears near; India objects to coal plans

Climate consensus appears near; India objects to coal plans

CTV
Saturday, November 13, 2021 7:13 PM GMT

Almost 200 nations were poised Saturday to adopt a compromise on how to curb climate change and to keep a key global warming target alive after 15 days of contentious climate talks. During nearly three hours of discussions, nation after nation said the proposed agreement did not go far enough, but only India and Iran appeared inclined to object.

During nearly three hours of discussions, nation after nation said the proposed agreement did not go far enough, but only India and Iran appeared inclined to object. Negotiators have started the traditional posing for photos signifying some kind of success.

The deal calls for an eventual end of some coal power and of fossil fuel subsidies. It also includes enough financial incentives to almost satisfy poorer nations that anticipate harms from climate change out of proportion with their roles in causing it.

Most importantly, negotiators said, it preserves, albeit barely, the overarching goal of limiting warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) since pre-industrial times. The world has already warmed 1.1 degrees Celsius (2 degrees Fahrenheit).

Ahead of the talks in Glasgow, Scotland, the United Nations had set three criteria for success, and none of them were achieved. The UN's criteria included pledges to cut carbon dioxide emissions in half by 2030, US$100 billion in financial aid from rich nations to poor, and ensuring that half of that money went to helping the developing world adapt to the worst effects of climate change.

Read full story on CTV
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