Even without new fossil fuel projects, global warming will still exceed 1.5℃. But renewables might make it possible
- Written by Sven Teske, Research Director, Institute for Sustainable Futures, University of Technology Sydney
The International Energy Agency (IEA) last month made global headlines when it declared there is no room for new fossil fuel investment if we’re to avoid catastrophic climate change.
However, our new research suggests the horse may have already bolted. We found even if no new fossil fuel projects were approved anywhere in the...