<
https://reneweconomy.com.au/world-on-track-to-triple-renewables-based-on-government-policies-but-not-according-to-climate-pledges/>
"The global climate goal of tripling renewable energy capacity by 2030 is
within reach, a major new report has found, with the existing government
policies of 150 countries – including Australia – promising to add a combined
nearly 8,000 GW of new renewables by the end of the decade.
The International Energy Agency report,
COP28 Tripling Renewable Capacity
Pledge, tracks the progress of countries in meeting their Nationally
Determined Contributions, or NDCs, under the Paris Climate Act – a global
agreement to limit global warming to well below 2 °C.
For most countries, these climate pledges centre on emissions reduction
targets. But as the IEA notes, renewable energy is at the heart of achieving
these goals, and very few countries have explicitly laid out 2030 targets for
installed capacity in their existing NDCs.
This is a concern, because going by NDCs alone, these same 150 countries have
collectively pledged to add 1,300 gigawatts (GW), or just 12% of what is
required to meet the 2030 global tripling objective set in Dubai.
But if countries included all their existing policies, plans and estimates in
their new NDCs due next year – which will include revised ambitions for 2030
and new goals for 2035 – they would reflect 70% of what is needed by 2030 to
reach the tripling goal, which corresponds to 11 000 GW of installed renewable
capacity globally.
And this is what the IEA is hoping most countries will do. For Australia, whose
NDC pledges a fairly low-ball reduction in greenhouse gas emissions to 43%
below 2005 levels by 2030, this would mean realigning its ambition to the
current federal renewables target of 82 per cent by 2030.
According to the IEA report, Australia ranks as having the third strongest
renewable energy ambition in the Asia Pacific region (excluding China), at 98GW
by 2030, behind India and Japan."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
