TED Talks Daily How do we get the world off fossil fuels quickly and fairly? | TED Countdown Dilemma Series
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Mar 27, 2023 Experts delve into the urgent shift from fossil fuels to clean energy, tackling ethical dilemmas and the unique challenges for developing nations. The conversation highlights the stark electricity access divide globally and advocates for international collaboration to combat energy poverty. Businesses are encouraged to embrace renewable sources while promoting climate justice. With ambitious sustainability goals looming, the need for policy change and cooperation among communities has never been more critical.
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Fossil Fuels Dominate Energy
- Over 80% of modern energy comes from fossil fuels, emitting over 40 gigatons of CO2 yearly.
- Millions lack modern energy access, contributing minimally to the climate crisis.
Fossil Fuel Reduction Targets
- To limit warming to 1.5 degrees, we must drastically reduce fossil fuel use by 2050.
- Renewables are now cheaper than coal, so new coal plants and mines should be avoided.
Fossil Fuels in Net-Zero Scenarios
- Net-zero scenarios by 2040-2050 often include some fossil fuels, especially for developing nations.
- The oil and gas industry's expertise could be leveraged to manage this complex transition.