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Carbon Budget Depleted: Climate Action Paralysis
5 Dec
Summary
- World nears 1.5°C threshold with only 130 gigatons of CO2 space left.
- Wealthy nations resist financial obligations at COP30, fossil fuel lobbyists influence outcome.
- Expert criticizes 'hegemonic' and 'neoliberal capitalist' responses to climate crisis.
The world is nearing a critical 1.5°C climate threshold with a rapidly diminishing carbon budget. Professor Joyeeta Gupta highlights the lack of serious attention to this critical issue, noting that only 130 gigatons of CO2 emission space remains.
COP30 saw wealthy nations, historically responsible for significant emissions, sidestepping financial obligations. The presence of numerous fossil fuel lobbyists further ensured that "fossil fuel" was excluded from the final agreement, reflecting a broader climate action paralysis and a crisis of climate justice.
Gupta identifies "hegemonic responses" like resource hoarding and problematic narratives such as net zero and managed overshoot as significant obstacles. She advocates for developing nations to "leapfrog" the fossil fuel era, emphasizing the need for intellectual, technological, and institutional advancements.
