Business Highlights: Fossil fuel plans, Bitcoin over $66,000

Business Highlights: Fossil fuel plans, Bitcoin over $66,000

3 years ago
Anonymous $BH0TGXkyPe

https://apnews.com/3b2d400663c8de95a801b7332c7f5836

Study: Fossil fuel plans would far overshoot climate goals

LONDON (AP) — A U.N.-backed study has found that the world needs to cut by more than half its production of coal, oil and gas in the coming decade to maintain a chance of keeping global warming from reaching dangerous levels. The report published Wednesday by the U.N. Environment Program noted that many governments have made ambitious pledges to curb greenhouse gas emissions. But it found they are still planning to extract double the amount of fossil fuels in 2030 than what would be consistent with the goal of keeping global temperature rise below 1.5 degrees Celsius (2.7 degrees Fahrenheit). Climate experts say the world must drastically reduce the burning of fossil fuels as soon as possible.