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."
Young Americans face a double burden from crushing student debt and the ballooned federal deficit that is the result of President Trump's tax cut, House Speaker Nancy Pelosi told Cheddar's J.D. Durkin in an interview that aired Wednesday. Pelosi called the economic position many millennials find themselves in, even as the economy remains strong, "unconscionable." "Republicans foisted onto future generations [an] economy that is unfair, that is not really lending itself to growth in a strong, predictable, confident, certain way," Pelosi said.
The newly appointed vice chairman of the House Foreign Affairs Committee, Rep. Joaquin Castro (D-Tex.), said he is "absolutely" concerned that Chinese telecommunication giant Huawei poses a threat to national security in an interview on Cheddar Tuesday.
Democratic Rep. Earl Blumenauer of Oregon is pushing forward for marijuana reform, introducing the aptly named House Resolution 420 to regulate marijuana much like alcohol was regulated post-Prohibition. "Ultimately we're going to be moving in that direction, allowing the states to be able to set up a regulatory system that meets their needs ー have their own approach in terms of taxation and distribution, just like alcohol," Blumenauer told Cheddar Tuesday. "
The cannabis business is budding across the United States, and one company is hoping to take hemp mainstream. Socati just announced a new $33 million round of funding. The company's CEO Josh Epstein talked to Cheddar about how that investment will help Socati expand is business.
President Trump's "Make America Great Again" cap is more than just a hat, it's a "symbol of us vs. them," Washington Post fashion editor Robin Givhan told Cheddar. Givhan penned a column last week about what the hat has come to mean in the years since it burst on the scene as a campaign accessory for Trump's 2016 presidential bid. The hat, she wrote, has become "a symbol of us vs. them, of exclusion and suspicion, of garrulous narcissism, of white male privilege, of violence and hate."
Between changes in the tax code and the government shutdown, H&R Block knows this year's tax season is likely to be stressful for many. That's why the company's introducing a slate of tools, some artificial intelligence-enabled, to help make it easier and more transparent to file. "This year we are introducing upfront, transparent pricing, so every single consumer will know what's it going to cost before I start," H&R Block CEO Jeff Jones told Cheddar.
These are the headlines you Need 2 Know for Tuesday, Jan. 29, 2019.
The battle of the billionaires may be heating up ahead of the 2020 presidential race, as former mayor and media mogul Michael Bloomberg took a swipe at ex-Starbucks CEO Howard Schultz after he announced a potential run for president as an independent during an interview on "60 Minutes" Sunday. The two billionaires are looking in part to capitalize on their corporate success to gain an edge against President Trump, who leveraged his business career to gain the presidency. "Anything is really possible at this point, and you don't want to ignore a white billionaire announcing a candidacy for president," Julia Manchester, reporter at The Hill, told Cheddar Monday. "We saw it happen in 2015 and \[Trump]\ won."
The U.S. Treasury on Monday announced sanctions against Venezuela's state-owned oil firm in an effort to undermine incumbent president Nicolás Maduro and reinforce support for interim president Juan Guaidó. Brett Bruen, a former diplomat and director of global engagement under President Obama, called the administration's decision a "rare bright spot" in Trump's foreign policy. "The Trump administration is holding firm to defend democracy, they are standing up for human rights, they are standing up for the rule of law," Bruen told Cheddar Monday.
Trump's political calculus to appeal to his base ー an older, whiter, more conservative demographic ー is coming at the expense of his popularity among millennials, said Kristen Soltis Anderson, a Republican pollster and author of "The Selfie Vote: Where Millennials Are Leading America." That poses a problem for the GOP as it seeks to broaden its tent in anticipation of a future when Donald Trump is not on the ballot.
