Much has been made of the recent World Bank report, but just as important is a recent report from the accounting giant PWC:
Business leaders have been asking for clarity in political ambition on climate change. Now one thing is clear: businesses, governments and communities across the world need to plan for a warming world – not just 2ºC, but 4ºC and, at our current rates, 6ºC.
The report, Too late for 2 degrees makes sobering reading:
Even doubling our current rate of decarbonisation, would still lead to emissions consistent with 6 degrees of warming by the end of the century. To give ourselves a more than 50% chance of avoiding 2 degrees will require a six-fold improvement in our rate of decarbonisation.
A world of 6c is a terrifying thought, but if the world does not correct its current course then that is what we – or more likely are children – will have to deal with.
I spent seven years working for one of the world’s largest accounting firms (not PWC). These are not radical, fringe groups of fervent socialists.
Another sign that climate change denial has passed its peak, and merely the preserve of cranks and outliers.