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Holders Italy, Britain into BJK Cup finals, USA knocked out
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Arsenal suffer title 'punch' by Bournemouth, Everton hold Brentford
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Drean double breaks Glasgow hearts as Toulon reach Champions Cup semis
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Teen star Seixas seals Basque Tour triumph, August wins sixth stage
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Scores arrested at pro-Palestinian rally in London
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I Am Maximus emulates Red Rum to regain Grand National crown
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Leverkusen sink Dortmund to bring Bayern closer to title
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Planes fly from Beirut airport despite Israeli bombing
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Pogacar dreaming of Monument clean-sweep
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Arteta urges Arsenal to stand up after 'punch in the face'
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Iyer leads Punjab's chase of 220 to down Hyderabad
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Arsenal defeat blows Premier League title race wide open
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Buffets, baristas, but no briefings: journalists frozen out of Iran talks
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McIlroy's Masterpiece remains the buzz at Augusta
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Sinner brushes past Zverev to reach Monte Carlo final
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Arsenal suffer major blow in Premier League title charge
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UK puts Chagos handover deal in 'deep freeze' after Trump criticism
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In Europe first, Netherlands to allow Teslas to self-drive
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Sabrina Carpenter transforms Coachella into her own 'Sabrinawood'
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Iran, Lebanon bore brunt of missiles and drones launched during war
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Iran envoys meet Pakistani PM ahead of US talks
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UK to shelve Chagos handover after Trump criticism
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Somalia president congratulates World Cup-bound referee Omar Artan
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Vance in Islamabad for Iran talks overshadowed by mutual mistrust
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After Artemis II, NASA looks to SpaceX, Blue Origin for Moon landings
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Benin leans into painful past to attract tourists
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Britain storm into Billie Jean King Cup finals with Australia thumping
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Russia and Ukraine set to begin Easter truce
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Hawks clinch NBA playoff berth with win over Cavs
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Trump administration reveals plans for massive Washington arch
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Carney poised to win Canada majority but affordability pressure looms
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Artemis II lunar mission draws flood of conspiracy theories
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Extra time at Augusta helps McIlroy make Masters magic
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Iran, US to hold peace talks overshadowed by mutual mistrust
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Artemis II astronauts return to Earth, capping historic Moon mission
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Small US farm copes with fuel hikes from Mideast war
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New to The Street to Broadcast on Fox Business on Monday, April 13, Featuring Virtuix Holdings (NASDAQ:VTIX), Medicus Pharma (NASDAQ:MDCX), YY Group Holdings (NASDAQ:YYGH), Vivos Therapeutics (NASDAQ:VVOS), and Stardust Power (NASDAQ:SDST)
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New to The Street Broadcasts on Bloomberg Television at 6:30 PM EST Featuring IGC Pharma (IGC), Vivos Therapeutics (VVOS), Acurx Pharmaceuticals (ACXP), and Equinox Gold (EQX)
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McIlroy seizes 36-hole record six-shot Masters lead with epic finish
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Iranian delegation in Pakistan for talks with US, Vance en route
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Rory McIlroy seizes Masters record six-stroke lead after 36 holes
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Djibouti leader claims sixth straight term
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Trump vows to boost Hungary economy if Orban wins vote
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Mythos AI alarm bells: Fair warning or marketing hype?
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De Zerbi 'not surprised' by backlash from Spurs fans over Greenwood
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Marseille boost hopes of Champions League return, Monaco suffer heavy defeat
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Frustrated Scheffler finds water hazards at Masters
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Swing and miss: Ichiro statue reveal goes awry as bat snaps
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China's Li flushes toilet trouble at Masters
Climate scorecard: good news and bad news
The task is clear -- stop burning fossil fuels, radically reduce energy demand and slash all planet-warming emissions in order to keep the planet cool enough so humans, animals and plants can survive and thrive.
So how do the actions of the world so far match up to the challenge?
Here is a rundown from the UN Intergovernmental Panel on Climate Change's handbook on how to halt global warming:
- Emissions growth is slowing -
While we are continuing to spew more carbon dioxide (CO2) into the atmosphere, the rate of that increase has slowed in recent years.
Emissions actually fell in 2020 -- by an estimated 5.8 percent compared to 2019 -- as governments around the world imposed unprecedented lockdowns to try to halt the spread of Covid-19.
Demand for energy shrank in almost all areas -- except residential buildings. International aviation emissions were down some 45 percent.
Meanwhile, at least 24 countries in the world have managed to cut greenhouse gas emissions and consumption-based CO2 pollution for a decade or more. Almost all are in Europe, although the list also includes the United States and Jamaica.
- But they need to fall, and fast -
Emissions have already rebounded from the pandemic.
Developing nations that have come from a low base per capita are seeing sharp increases.
And carbon footprints per person in rich countries remain stubbornly high, particularly in Australia, Canada.
- We have most of the means -
There are a range of low-carbon technologies to produce electricity and these are becoming cheaper, better and more widely used. These include solar photovoltaics (PV), onshore and offshore wind, and batteries.
"In many contexts solar PV and onshore wind power are now competitive with fossil-based generation," the report said.
Since 2010 emissions from coal have grown, but more slowly, as the US and Europe retired some old plants, while China added fewer new ones. A large number of planned coal plants around the world were either scrapped or converted so that they could also burn biomass.
- But we struggle to kick the dirty fuel habit -
All of the world's electricity will have to come from low-carbon generation by 2050 to meet the Paris Agreement global warming targets. This is "challenged" by growing electricity demand.
Currently, solar PV and wind generation technologies account for less than 10 percent of the market.
Despite coal's hefty C02 emissions, some countries and even international development banks continue to fund and develop new coal capacity.
- We can transform transport, buildings and industry -
Electrification is a "feasible, scalable and affordable" option to decarbonise mass transportation.
Electric vehicles (EVs) are the fastest-growing part of the automobile industry and if these cars and trucks are charged with low-carbon electricity they can significantly reduce emissions.
It is possible to make existing and new buildings in all parts of the world either nearly zero-energy or low-energy.
Most industrial processes in general can be decarbonised through a combination of technology using electricity and hydrogen, carbon capture and innovation in the circular use of materials (i.e. recycling and reusing).
- But change is slow -
Transport emissions grew at an average of two percent a year per between 2010 and 2019, due to continued "high travel demand, heavier vehicles, low efficiencies and car-centric development".
Beyond charging EVs with zero-emissions electricity, car manufacturing, shipping and aviation also need to be decarbonised, as do supply chains in general.
As for construction, the low ambition of government policies is a particular concern, for both existing buildings in developed countries and new buildings in developing ones.
The strong global demand for basic materials means industrial emissions continue to grow. This demand must be sharply reduced, alongside the rapid scale up of low-carbon innovations, otherwise there is a risk of locking in emissions "for decades to come".
- A crescendo of climate action -
An increasing number of countries say they plan to achieve "net-zero" C02, or greenhouse gas, emissions by mid-century.
Mandatory policies like pricing and regulation have expanded, while many businesses have promised to curb emissions.
Climate activism is growing, labour unions are starting to engage with the issues, while media coverage of climate change is increasing and becoming better at accurately reflecting the science.
- But action needs to happen faster -
Current national pledges under the Paris Agreement will not limit global warming to the target of 1.5 degrees Celsius.
Many net-zero targets are "ambiguously defined" and the policies to achieve them are not yet in place.
Low-carbon alternatives need much more investment, while "status quo interests" are acting to block progress.
People are also subjected to misinformation on online and in traditional media that has "undermined significantly" understanding of the science.
L.Durand--AMWN