The final draft of the report by the Intergovernmental Panel on Climate Change, obtained yesterday by The Associated Press, says that global warming will continue to increase unless countries shift quickly to clean energy and cut emissions.
It said that despite national policies and international efforts aimed at mitigating climate change, emissions of carbon dioxide and other greenhouse gases that are warming the planet grew 2.2 per cent per year on average between 2000 and 2010, compared to 1.3 per cent per year from 1970 to 2000.
The largest contributor to global emissions results from the burning of oil and coal, and the draft report said its contribution is expected to rise.
Unless "explicit efforts" are made to reduce greenhouse gas emissions, the experts warned that increased conservation and efficiency will not be sufficient to counter their rise.
With increasing demand for energy and the growing use of coal to generate electricity, the experts said emissions from the sector are projected to double or triple by 2050 from the level in 2010 unless improvements in clean energy are "significantly accelerated."
Scientists say that target requires atmospheric concentration of carbon dioxide, the main greenhouse gas, to stay below 530 parts per million. The level surpassed 400 parts per million briefly in the spring, but annually it is still barely below 400.
The report said the majority of scenarios to stay below 530 parts per million throughout the 21st century would require a reduction in greenhouse gas emissions between 40 per cent and 70 per cent of 2010 levels by 2050.
The global total annual investment in the energy system is presently about USD 1.2 trillion, it said.
The experts estimated that in order to stabilise the atmospheric concentration of CO2 between 430 and 530 parts per million investments in fossil fuels would have to decline by USD 30 billion a year between 2010 and 2029, while investment in non-carbon producing energy sources would have to rise by USD 147 billion a year.
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