August 10, 2021: -On Monday, the world’s leading climate scientists delivered their starkest warning yet to deepen the climate emergency, with some of the changes already set in motion thought to be “irreversible” for the future centuries. A huge anticipated report by the U.N.’s climate panel warning that limiting global warming to near to 1.5 degrees Celsius or 2 degrees Celsius above pre-industrial levels “will be beyond reach” in the coming two decades without immediate, rapid, and large-scale reductions in greenhouse gas emissions.
To ensure, the 1.5 degrees Celsius threshold is a crucial global target because beyond this level; and the tipping points become likely. Tipping points refer to a change that is irreversible in the climate system, locking in the coming global heating.
At 2 degrees Celsius of global warming, heat extremes would often reach critical tolerance thresholds for agriculture and health, the report says.
U.N. Secretary-General António Guterres described the report as “a code red for humanity.”
“The alarm bells are deafening, and the evidence is irrefutable: greenhouse gas emissions from fossil fuel burn and deforestation choked our planet and had put billions of people at risk,” Guterres said.
On Friday, the Intergovernmental Panel on Climate Change’s latest findings, approved by 195 member states, deal with climate change’s physical science basis and outline how humans are altering the planet. It is the first installment of four reports released under the IPCC’s present assessment cycle, with subsequent reports scheduled to be published in the coming year.
The first part of the Sixth Assessment Report of IPCC provides world leaders with a gold standard summation of modern climate science ahead of U.N. climate talks, known as COP26, in November.
Reacting to the report’s publication, U.S. Special Presidential Envoy for Climate, John Kerry said the report underscored the “overwhelming urgency of this moment.” U.K. Prime Minister Boris Johnson said he hoped it could be a “wake-up call” for global leaders ahead of COP26.
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AspenTech, a Massachusetts-based company, plays a pivotal role in the oil and gas industry by leveraging cutting-edge technologies, including AI (artificial intelligence). Let’s delve into how AspenTech contributes to this dynamic sector
It’s no secret that oil and gas is a boom-and-bust industry. Production is currently up, projected to increase to 13.7 million barrels daily in 2024. But this won’t last forever. Whether production is up or down, the key to maximizing production, optimizing efficiency, and taking advantage of increased profits is innovation, digital transformation,and automation.For stakeholders looking to deliver safer, more efficient, and cheaper energy, innovation and automation must be a top priority. Those who fall behind in the race to innovate, ultimately, run the risk of losing market share.
Talking to Thomas Hundertmark, a senior partner in McKinsey’s Houston office, Darren Woods is chairman and CEO of ExxonMobil made some crucial points and also gave some insights on what the conglomerate was doing in order to save the climate.
Today oil and gas producers face severe regulatory and public relations obstacles due to the concern with greenhouse gases and resource depletion. Calgary-based start-up, Advanced Upstream (“AU”), has been disrupting the oil and gas industry with simple and reliable innovative technologies. AU’s products help the oil and gas producers to enhance energy production while reducing the corresponding environmental impact. By decreasing personnel and time on site, and lowering overall HSE risks across the board, the clients can see a notable improvement in their ESG rating, contributing to their bottom line.
Jasmin Staiblin, Chief Executive Officer of ABB Switzerland, says, “Global energy consumption continues to grow and, if left unabated, will lead to an ever-greater risk of irreversibly changing our climate. To take advantage of more sustainable energy sources, the energy landscape is in a state of profound change to allow the integration of increasing amounts of renewable energy sources into the grid, to allow infrastructure to run more intelligently and efficiently, and to ensure the supply of energy is available at all times.
The activation of the Fallon Two Rock solar farm project has recently bolstered the Californian energy …