Davos 2020: Global business and investing at ‘tipping point’

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“We argue that the intervention time left to prevent tipping could already have shrunk towards zero, whereas the reaction time to achieve net zero emissions is 30 years at best.”

paper, Stanford University professor Charles Jones said there is a “distinct possibility” that global population will decline rather than stabilise in the long run, threatening economic growth.The world faces a sweeping series of climate-related tipping points — from melting ice caps to droughts and dying coral reefs. Nature magazinein November collated the risks, which it described as a climate emergency that will compel political and economic actions on emissions.

The international effort to rein in fossil fuel pollution took a knock in December after marathon UN talks watered down language on issues they had agreed on in previous years.This means renewable energy such as solar and wind, plus electric vehicles, are going to soar up the policy agenda at the cost of fossil-fuel-gurgling vehicles. Big Oil executives believe that peak oil demand is likely in the late 2030s.

 

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