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January 4, 2024 - WorldOra Carbon News

Climate news to watch in 2024 Yale Climate Connections, Jan 3 2024, Dana Nuccitelli- 

The world made major progress on climate change in 2023 .

Here are some of the happenings: 

  • The year 2023 easily became the hottest year on record

  • Democrats in 2022 passed the Inflation Reduction Act, which is designed to give a massive boost to clean technology like solar panels, heat pumps, induction stoves, and electric vehicles. 

  • Although the clean technology investments were only starting to be deployed in 2023, U.S. climate pollution fell by about 2-3%compared to the previous year and is now 18-19% below 2005 levels.

  • Climate pollution in the European Union improved even more, declining by about 6-7% in 2023 as the member nations accelerated their clean energy deployments 

  • But many clean technologies have also seen record growth in 2023, especially in China. Solar panel deployments broke the previous record set last year by over 50%, with more than half the worldwide total installed in China. 

  • Wind turbine, heat pump, and electric vehicle sales likewise set records globally in 2023

  • clean technology progress is expected to continue accelerating in 2024 and beyond. 

  • At the latest international climate meeting in December 2023, 118 governments — 60% of all countries — pledged to triple global renewable energy capacity by 2030. 

  • Several key countries joined the Global Methane Pledge, in which 155 governments (80% of all countries) have agreed to cut methane emissions — which heat the atmosphere enormously in the short term — at least 30% by 2030. 

  • And for the first time, all countries agreed to transition away from fossil fuels.

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