Unfortunately unless we completely decarbonize by the middle of the century, we'll reach catastrophic levels of global warming (>3 degrees warming, likely leading to the polar ice caps melting and significant ocean level rises, especially at the equator).
3 degrees is very bad, but it's quite survivable. We can of course always do better. But right now I'm quite happy with the direction things are going and the current trends but still push for trying to do more where we can.
A goal, which it is now clear, that would have been absolutely trivial to meet while making a solid profit on the deal, if we'd just started earlier, like when the problem became widely known four decades ago.
But we didn't. So we can probably still do it, and we can probably still come out richer, but some people are still trying to slow it down so they can profit from the short term chaos and impoverishing and risking our lives to do so.
There was a wide array of solutions available 40 years ago, including, but not limited to nuclear.
Notable mentions: carbon fees, preventing deforestation, not subsidizing fossil fuels, not actively encouraging methane release from oilfields, more efficient cars, trains, insulation, heat pumps and soar water heaters but really the list is very, very long.
Agreed, but that was the part that could be addressed with nuclear.
> There was a wide array of solutions available 40 years ago, including, but not limited to nuclear.
I think we're in agreement, except for the word "solution". The things you mention are not solutions, but rather mitigations, bandaids, things that slow the pace of climate change. Which still would have been extremely useful to buy us more time to decarbonize.
We emitted what the eartg can absorb (3Gteq) back in 1990. Since then, emissions trippled.
Net zero is not enough, there is still a lot of CO2 in the atmosphere, so the temperature will reach +3°C.
Assuming we follow that plan and don't hit any tipping points, we should stay under 3C, but yeah it's possible.
It's going to come down to mitigating, and that might mean different things in different places.
I think there will be some amount of geo-engineering to cool the poles and avoid some of the sea level rise and permafrost melting. There will also be some active carbon removal, but we also will not reach zero emissions either. That may mostly balance out, or reach "net zero".
There will also likely be a slow migration away from low lying coastal areas, as well as seawall construction.
We have already seen a little bit of this. It's only been a preview of what a more serious revolt would look like.
It's important to realize that anything that increases energy costs is regressive. The wealthy can afford these cost increases and their lifestyle is barely impacted. For the poor and working class increases in these costs can be absolutely devastating.
The upper classes can also afford EVs, solar panels, batteries, and can very often telework at least some of the time. Working classes are stuck with older technology that is more expensive to fuel and generally have to commute to work jobs in person with no option for remote work.
From my perspective people hate democracy and want people to be unequal by birth.
Maybe I'm cynical, but the observer who said that the problem with political power is that the worst people will do anything they can to take it (as a result, good people won't have it)
Solar and batteries are still rapidly dropping in price. At the same time, the fossil fuel industry is engaging in rampant hostage taking (Putin) and price gouging (oil is under $100/barrel. Why is gasoline 2x what it was the first time oil was at this price?)
If anything, I’d expect decentralized generation of renewable power to stabilize energy costs, eliminate wars for oil, and create well paying jobs for unskilled labor.
As for EV affordability: All EVs in the US have a 10 year battery warranty (or lose subsidies), which should create gluts in the used car market moving forward.
All of those things help the poor and working class: lower, more stable energy prices, better jobs, fewer wars to fight and cheaper used cars are each individually huge wins.
I'm confident we'll get there. There will be lots of mitigating the damage from climate change, because that train wreck is still in motion. But we will mostly decarbonize our economies by the end of this century.