The cover of the latest IPCC report "Climate Change 2014, Mitigation of Climate Change," as its present at a press conference in Berlin on Sunday. JOHN MACDOUGALL / AFP/GETTY IMAGES
In wake of latest IPCC report, activists say all new investments should be in energy efficiency and renewables, not oilsands and pipelines.
A new report by the UN climate panel says that, if we are to avert disaster, we must cut greenhouse gas emissions by 40 to 70 per cent by 2050, and to nearly zero by the end of this century, so as to limit the increase in average global temperatures to 2C.
However, in reality, despite policies to control them, average emissions rose by 2.2 per cent every year for the past decade, reaching what the new report calls “unprecedented levels.”