The top UN global economy report calls for “massive adjustments” to energy sector that is responsible for around 75 percent of global greenhouse gas emissions.
The World Economic and Social Prospects (WESP) report warns that if first world countries, including the US and China, continue to aggressively pursue oil and gas extraction and consumption and along with third world countries fail to modernize clean energy, we would miss growing economic opportunities in clean energy, dreadfully harm our people’s health and exorbitantly increase the cost of the clean up.
Ambient air pollution, including from greenhouse gases, now accounts for an estimated 4.2 million deaths per year due to stroke, heart disease, lung cancer and chronic respiratory diseases. Household air pollution is now one of the leading causes of disease and premature death in the developing world, according to WHO.
Immediate and urgent focus on non-fossil fuel sources of energy should be the priority of all UN-member nations and governments in our time of climate crisis and emergency.
Since fossil fuels are responsible for approximately 75 percent of the costs of climate change, they should be made to pay in a fair, just and corresponding manner as attribution for true costs improves.
The failure to act only increases the ultimate cost of climate change and transfers it to younger generations.
UN experts are correct in calling for a focus on well-being and managed, holistic and sustainable growth in 2020 as most countries will experience less growth than compared with 2019.
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