"I know you are disappointed. But the road ahead is not always smooth. Sometimes there are detours. Sometimes it is difficult and dangerous. But I know we will eventually be able to reach our destination. We are fighting the most important battle of our lives. Fight. This battle must be won. We will never give up. Never back down." Guterres said in a video statement released at the end of the two-week 26th UN Climate Summit.
Clearly, we have entered an "emergency mode", terminating fossil fuel subsidies, phasing out coal, setting carbon prices, protecting disadvantaged communities, and fulfilling the US$100 billion climate financing commitment. Now is the time.
Nearly 200 countries attended the 26th UN Climate Conference this year. Before the official start of this conference, the United Nations has set the following negotiating goals. In the first place, it is hoped that by the end of the century, the world will be able to control the global average temperature rise at 1.5 degrees Celsius. Each country must set its own emission targets by 2030. Countries need to accelerate the elimination of coal, reduce deforestation, accelerate the development of electric vehicles, encourage investment in renewable energy, and protect and restore the environment in order to meet this objective. Thirdly, to achieve the above two points, financial support is necessary. It is especially important for the countries that are relatively poor and adversely affected by the climate crisis to work together and establish a cooperative relationship among the government, the private sector, and society as a whole.
To be specific, it is primarily to urge countries to raise their carbon reduction targets in 2030 and to be consistent with the Paris climate agreement's temperature target by 2022. The final agreement calls for gradual reductions in coal power generation and fossil fuel subsidies in the future, as well as for the decarbonization and electrification of the energy sector,encouraging policies to develop renewable energy.
Currently, the world's temperature is 1.1 degrees Celsius higher than it was in the 19th century. Carbon dioxide content in the atmosphere has also increased by 50%. The industrial age is dominated by fossil fuels, but because fossil fuels release carbon dioxide, they absorb the sun's heat and cause the earth's temperature to rise. Fossil fuels were previously the main source of energy for many aspects of human life, such as industrial and household needs, and transportation.
According to United Nations Environment Programme data. It will be necessary to reduce greenhouse gas emissions by nearly half in the next ten years from the current 50 billion tons to keep the global temperature rise within 1.5 degrees Celsius. Indeed, if the temperature continues to rise, it will cause catastrophic climate crises in the future, such as droughts, storms, fires, and rising sea levels. Consequently, the crisis caused by climate change is not far away, and it is cruel. With respect to the future development direction and the progress of different countries, let us look at their carbon-neutral timetable first. As of September 22, 2020, China committed to a dual carbon goal, reaching a carbon peak by 2030 and achieving carbon neutrality by 2060.
In simple terms, carbon neutrality is the realization of a zero-carbon economy. Moreover, China committed on April 22, 2021 to strictly control the development of coal power. These all indicate that China will accelerate its development in the direction of new energy in the future. Currently, China is the world's largest producer of wind turbines and photovoltaic equipment. The National Energy Administration reports that by the end of 2020, China has installed wind and solar power generation capacity of about 530 million kilowatts, which accounts for 24% of the total installed capacity. There will continue to be rapid development of new energy in the future. Solar and wind power will have a capacity of more than a hundred and ten million by 2030, which will be larger than coal and have a dominant position on the energy scene.
Businesses have to make the switch to green energy as well as the government. United Airlines, American Airlines, British Airways, and Cathay Pacific have also collectively committed to achieving net zero carbon emissions by 2050. The British Prime Minister Boris Johnson also announced in December 2020 that the country will stop selling new gasoline and diesel cars and trucks in 2030. The conference also agreed to stop the sale of new cars with carbon emissions in major parts of the world by 2035, and to stop the sale of new cars that generate carbon emissions globally by 2040. Among the car companies that support this agreement are General Motors, Ford, Daimler, BYD, etc., as well as the world's largest car rental company lease plan, indicating that it will get off the car in 2030 All cars are zero-carbon emissions.
Various countries, such as Germany, China, the United Kingdom, etc., are also accelerating the transformation of their auto industries. Compared to the past, today's major countries pay much more attention to climate change and are more enthusiastic about it. The idea that global warming requires us to protect the earth is also frequently heard. Indeed, I believe that humans should consider how they can protect themselves. We will be the only ones who suffer the consequences if this kind of climate crisis continues for a long time. In addition to being a very distant topic, it calls upon everyone to become more involved in environmental protection.
As a normal person, what we can do to combat global warming?
Try to drive as few private cars as possible, and choose public transportation instead. There will be fewer emissions from a bus with dozens of people than dozens of cars.
Heat insulation: Provide heat preservation and heat insulation, reduce heat loss and energy consumption and emissions in heating and air conditioning by installing heat insulation layers and using more efficient heating or cooling systems. Using energy-efficient products minimizes electrical energy consumption and emissions.
It is the food industry, in particular meat and dairy products, that has the greatest impact on climate change after the fossil fuel industry.
Therefore, choose natural foods and avoid highly processed foods.
If we practice the concept of "diligence and thrift" in other aspects of our lives such as dressing, we can cope with climate change better. Clothing consumes a lot of energy in the manufacturing, processing, and transportation processes, so reducing unnecessary clothing purchases is a good idea.
Globally, the prices of renewable energy sources such as wind and solar are declining steadily. Solar energy is now the cheapest source of electricity for many households in Latin America, Asia, and Africa. In countries with solar subsidies, onshore wind and solar are already competitive with natural gas prices. By 2025, solar energy will likely be the cheapest energy source for electricity production.
Do hope everyone can work with employees in Koxin energy and encourage a more sustainable lifestyle while helping to save energy and reduce emissions TOGETHER. We also hope that everyone can choose Koxin Energy's solar products such as the ESS, Powerwall, Portable power stations,and other LiFePO4 Battery Solar Products.