The recent IPCC assessment suggests that emissions from existing and planned fossil fuel infrastructure, predominantly for the power sector, will be 66 percent higher than the carbon budget available for limiting temperature rise to below 1.5 degrees. Furthermore, these emissions are already expected to take up 95 percent of the budget for the critical 2-degree target as well.[1] Thus, any hope of meeting the Paris Climate Goals rests on an unprecedented and transformative shift away from fossil fuels. Given this urgency, it is surprising that COP26 was the first time all UNFCC signatory countries managed to reach ... (full story)