Significant climate science evidence appears to have been left out of the equation. The accord hinges on the need to reduce emissions, which is essential, but it does not indicate how further temperature rise can be avoided under the conditions of a high-CO₂ atmosphere, which triggers carbon release, unless massive efforts at sequestration (drawdown) of greenhouse gases are undertaken. Inherent in global warming are amplifying positive feedbacks, including albedo (reflection) decline due to the melting of ice and the opening of dark water surfaces, increased water vapor contents of the atmosphere in tropical regions which enhances the greenhouse effect, reduced sequestration of CO₂ by the warming oceans, desiccation of vegetation, fires, release of methane from permafrost and other processes. This means that even abrupt reductions in emissions may not be sufficient to stem global warming, unless accompanied by sequestration of greenhouse gases from the atmosphere to a lower level, recommended as below 350 ppm CO₂ by James Hansen, the leading climate scientist.
The world is on track to produce 50% more fossil fuels than can be burned before reaching the limit prescribed by the Paris Agreement, with currently planned coal, oil and gas outputs making the Paris Agreement goal impossible. Projected fossil fuel production in 2030 being more than is consistent with 2°C, and 120% more than that for 1.5°C.
Unbelievably, according to the International Monetary Fund, “In 2017 the world subsidized fossil fuels by $5.2 trillion, equal to roughly 6.5% of global GDP”, which is more than the total the world spends on human health. Such subsidies cannot possibly be consistent with the Paris Agreement. The pledge to end fossil fuel subsidies by 2025 by the G7 nations, with exceptions by the UK and Japan, may come too late as global CO₂ concentrations, already intersecting the stability limits of the Greenland and Antarctic ice sheets, are rising at a rate of 2 to 3 ppm per year, the highest in many millions of years.
Despite the scientific consensus regarding the anthropogenic origin of global warming, the world’s biggest fossil fuel corporations are taking a defiant stance against warnings that reserves of coal, oil and gas are already several times larger than can be burned if the world’s governments are to meet their pledge to tackle climate change. ExxonMobil said new reserves in the Arctic and Canadian tar sands must be exploited. Peabody Energy, the world’s largest private coal company, said global warming was “an environmental crisis predicted by flawed computer models”. Glencore Xstrata said that governments would fail to implement measures to cut carbon emissions. The World Bank and Bank of England have already warned of the “serious risk” climate action poses to trillions of dollars of fossil fuel assets.
Not to mention the risks to the living Earth and its billions of inhabitants!