The 2010s amounted to "a decade lost" for slowing climate change, as nations around the world failed to substantially rein-in the heat-trapping emissions generated by power plants, factories, cars and trucks, and other sources that burn fossil fuels, a United Nations report said Tuesday.
The Earth's average temperature is now on track to soar by close to 4 degrees Celsius – or 7.2 degrees Fahrenheit – by the end of the century compared to pre-industrial levels. Scientists have broadly concluded that the planet needs to keep warming to within 2 degrees Celsius, or 3.6 degrees Fahrenheit, to avoid the most catastrophic impacts of climate change.
Rapid rates of warming, meanwhile, are already essentially locked-in: Even ambitious new efforts to slash carbon emissions, as represented in nations' commitments under the 2015 Paris climate accord, will still produce 2.9 to 3.4 degrees of warming.
The report, from the UN's World Meteorological Organization, renewed calls for yet more urgent action to drastically reduce emissions around the world.
"There is no sign of a slowdown, let alone a decline, in greenhouse gases concentration in the atmosphere despite all the commitments under the Paris Agreement on Climate Change," WMO Secretary-General Petteri Taalas said in a statement. "We need to translate the commitments into action and increase the level of ambition for the sake of the future welfare of mankind."
Despite rapid growth in renewable energy sources such as wind and solar, sharp declines in coal-fired power generation in developed nations, and recent high-profile investments in electric vehicles and EV charging infrastructure, global emissions are next expected to peak by the end of the next decade.
"The effects of climate policies have been too small to offset the impact of key drivers of emissions such as economic growth and population growth," the report said, characterizing the finding as a "rather bleak fact."
Already, the amount of carbon dioxide in the atmosphere is comparable to 3-5 million years ago, when temperatures were roughly 2-3 degrees warmer and sea levels were 30-60 feet higher, the WMO said.
"In this critical period, the world must deliver concrete, stepped-up action on emissions," Inger Andersen, executive director of the UN Environment Programme said in a statement. "We face a stark choice: set in motion the radical transformations we need now, or face the consequences of a planet radically altered by climate change."
Later today House Republicans will grill Snap, Tiktok and Youtube on how their products affect the mental health of teenagers. It comes after a report revealed that Facebook's photo sharing platform, Instagram, can be harmful to teen's mental health. Rishi Bharwani, Director of Partnerships and Policy, Accountable Tech joined Cheddar's Opening Bell to discuss.
As the White House and Congressional leaders work towards finalizing the legislative framework of the Build Back Better budget deal, paid family leave, one of the hallmarks of President Joe Biden's Social Safety Net agenda, still stands in flux. Molly Day, Executive Director, Paid Leave for the U.S. joined Cheddar's Opening Bell to discuss why the finalization of this bill is imperative.
Marjorie Mesidor, Esq., Partner, Phillips and Associates, PLLC and Dr. Anthony Santela, professor of health administration and university covid coordinator at the University of New Haven join J.D. Durkin and None Of The Above to talk about the expected fallout from New York City's vaccine mandate.
Leaders around the world have come together to discuss plans to bring action towards the Paris Agreement along with solutions on how to solve the evolving climate change crisis at the COP26 Summit. President and CEO of Center for International Environmental Law Carroll Muffett, joined Cheddar to discuss more.
Rachel Cleetus, the policy director and lead economist of the climate and energy program for the Union of Concerned Scientists, joined Cheddar to break down some of the key goals from the COP26 summit and why leaders must focus on the science of climate change instead of getting bogged down by petty politics and the fossil fuel industry. "The main thing they have to do, make sure we're cutting our emissions sharply within this decade because the science shows that we have to cut global emissions in half by 2030 if we're going to meet our goals of averting some of the most catastrophic impacts of climate change," she said.
Carlo and Baker cover the big races to watch on this off-cycle Election Day, the concrete pledges starting to come out of COP26, Jeffrey Epstein keeps causing CEOs to lose their jobs, and Ryan Murphy's TV hit that wasn't.
The Dow, S&P, and Nasdaq begin November by not only ending Monday's session higher but with a record close as well. Melissa Armo, Founder and Owner of The Stock Swoosh, has her eye on major economic storylines and joins Cheddar News' Closing Bell to discuss what role the news could play on Wall Street.
The UN climate change conference kicked off on Sunday with about 120 world leaders and delegates gathering in Glasgow, Scotland this week, as experts continue to warn about the harms of heightened emissions and the effects on climate change. The topic of ESG investing is expected to be a top priority at the summit. Jefferies global head of ESG and sustainability research Aniket Shah joined Cheddar News' Closing Bell to discuss.
Gifted and talented education programs in schools throughout the United States are falling under greater scrutiny as the race and class divide in the programs remain wide. Marcia Gentry, a professor of educational studies and the director of the Gifted Education Research and Resource Institute at Purdue University, joined Cheddar to weigh in on if advanced tracking for students can also be equitable for lower income students and students of color.
The Supreme Court is now weighing in on one of the nation's most restrictive abortion laws. The Texas law, which was enacted on September 1, bans abortions after six weeks of pregnancy. In addition, it allows any private citizen to sue anyone who helps a woman get an abortion. Jimmy Hoover, Supreme Court Editor-At-Large at Law360, joined Cheddar News to discuss more.
