CAT Briefing: Global reaction to energy crisis risks zero carbon transition
Publication date
08 Jun 2022
The world is going through a major energy crisis as a result of Russia’s invasion of Ukraine. At the same time, the next few years are critical for climate action—a last chance to keep the 1.5°C temperature limit within reach. So far, governments have largely failed to seize their chance to rearrange their energy supplies away from fossil fuels, the latest Climate Action Tracker briefing finds. Instead, we are witnessing a global “gold rush” for new fossil gas production, pipelines and liquefied natural gas (LNG) facilities. This risks locking us into another high-carbon decade and keeping the...