The Climate Paris Agreement carries with it the shadow of the Cancun Agreement and like it, will fail. Both Agreements are based on voluntary pledges that prioritized the interests of polluting corporations and governments rather than the needs of humanity and life on Earth.
To limit the temperature increase to 2°C, the Cancun Agreement should have guaranteed the reduction of annual emissions of greenhouse gases to 44 Gt of CO2e by 2020. But with the pledges from Cancun we will instead be at 56 GtCO2e by 2020.The Paris Agreement should ensure that global emissions drop to 35 Gt of CO2e by 2030 but according to the voluntary INDCs submitted by governments, (Intended National Determined Contributions) we will be at an almost double overshoot of the limit at 60 Gt of CO2e by 2030.
Both agreements deliberately obviated the most important task at hand: to set a limit to fossil fuels (oil, coal and gas) extraction, which is responsible for 60% of global greenhouse gas emissions. If 80% of known reserves of fossil fuels are not left under the ground it is impossible to limit the temperature increase to below 2°C. Sigue leyendo