The UN climate envoy Mark Carney has warned against deferring emissions reduction targets in reaction to the energy crisis linked to the war in Ukraine, saying it will only require more “radical” action in the future.
The former Bank of England governor said he recognised the impact sanctions on Russia were having on global energy supplies and the cost of living, but added that governments could not afford to derail climate progress that could help achieve the 1.5C limit on global heating.
“European energy markets have ruptured, with negative spill overs around the globe,” Carney said in a speech at the Net Zero Delivery Summit in London.
“Households in developed economies are facing crippling energy bills, and across the developing world, the grind of energy poverty is worsening. And all the while, the climate crisis grows, building future costs that will dwarf current hardships,” he added.
Carney said efforts to find alternatives to Russian oil were resulting in higher emissions in the near-term, “and leading some … to argue to temporarily set aside our climate goals”.
“But we know the climate doesn’t care why emissions happen, only how much occur. The more we emit now, the more radical action will be needed later. We need to speed up, not slow down,” he said.
Carney stopped short of naming groups that may put climate targets under threat. However, his comments came after Conservative MPs and peers in the Net Zero Scrutiny Group tried to link the government’s climate agenda to the cost of living crisis and called for cuts to green taxes and an increase in fossil fuel production.
But any attempt to delay net zero targets – at least in the UK – would mean breaching or repealing the 2008 Climate Change Act. Under the act,
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