AGL 40.02 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.80 Increased By ▲ 0.10 (0.08%)
BOP 6.70 Increased By ▲ 0.09 (1.36%)
CNERGY 4.47 Decreased By ▼ -0.13 (-2.83%)
DCL 8.86 Increased By ▲ 0.07 (0.8%)
DFML 41.65 Increased By ▲ 0.07 (0.17%)
DGKC 87.00 Increased By ▲ 1.21 (1.41%)
FCCL 32.74 Increased By ▲ 0.25 (0.77%)
FFBL 64.62 Increased By ▲ 0.59 (0.92%)
FFL 11.44 Increased By ▲ 0.89 (8.44%)
HUBC 111.50 Increased By ▲ 0.73 (0.66%)
HUMNL 14.99 Decreased By ▼ -0.08 (-0.53%)
KEL 4.95 Increased By ▲ 0.07 (1.43%)
KOSM 7.37 Decreased By ▼ -0.08 (-1.07%)
MLCF 40.95 Increased By ▲ 0.43 (1.06%)
NBP 61.25 Increased By ▲ 0.20 (0.33%)
OGDC 195.00 Increased By ▲ 0.13 (0.07%)
PAEL 27.50 Decreased By ▼ -0.01 (-0.04%)
PIBTL 7.76 Decreased By ▼ -0.05 (-0.64%)
PPL 153.30 Increased By ▲ 0.77 (0.5%)
PRL 26.62 Increased By ▲ 0.04 (0.15%)
PTC 16.15 Decreased By ▼ -0.11 (-0.68%)
SEARL 84.30 Increased By ▲ 0.16 (0.19%)
TELE 7.94 Decreased By ▼ -0.02 (-0.25%)
TOMCL 36.92 Increased By ▲ 0.32 (0.87%)
TPLP 8.84 Increased By ▲ 0.18 (2.08%)
TREET 17.05 Decreased By ▼ -0.61 (-3.45%)
TRG 57.72 Decreased By ▼ -0.90 (-1.54%)
UNITY 26.78 Decreased By ▼ -0.08 (-0.3%)
WTL 1.35 Decreased By ▼ -0.03 (-2.17%)
BR100 10,000 No Change 0 (0%)
BR30 31,002 No Change 0 (0%)
KSE100 94,711 Increased By 519.6 (0.55%)
KSE30 29,401 Increased By 199.5 (0.68%)

The world can still cap global warming at far lower levels than widely expected if nations "bite the bullet" and slash greenhouse gas emissions, the chairman of the UN climate panel says. Rajendra Pachauri told Reuters that an appeal last month by the world's poorest nations and small island states to cap global warming at a 1.5 degrees Celsius (2.7 F) temperature rise over pre-industrial times should be taken "very seriously".
"I don't think it's beyond human capability to achieve," he said in an interview for a Reuters Global Climate and Alternative Energy Summit on September 8-10. "But we'd have to prepared to bite the bullet ... It would require major efforts," he said. Pachauri's Intergovernmental Panel on Climate Change (IPCC) shared the 2007 Nobel Peace Prize with former US vice president Al Gore.
A 1.5 Celsius target is far more ambitious than a 2 Celsius rise set by the Group of Eight industrialised nations and major economies such as China and India at a summit in Italy in July. Many climate experts say warming is already set to exceed 2 C.
"If a sizeable part of the global community ... feels that you have to stabilise at 1.5 degrees, we have to take that very, very seriously," Pachauri said during a world climate conference in Geneva. The least developed nations such as Angola or Yemen and small island states including Barbados and Tuvalu total about 80 countries. Beyond 1.5 Celsius, they argue that rising sea levels could wipe low-lying atolls off the map and that droughts, floods and heatwaves could have dangerous impacts for the poorest people in Africa, Asia and Latin America.
To achieve the goal of 1.5 degrees C, they demanded that rich nations cut greenhouse gas emissions by 45 percent below 1990 levels by 2020 as part of a new UN pact to fight global warming, due to be agreed in Copenhagen in December. That is far deeper than current offers by recession-hit industrialised nations. Global temperatures have already risen by 0.7 Celsius since large-scale burning of fossil fuels began with the Industrial Revolution.
He said the IPCC, grouping thousands of experts, would look at ways of achieving lower global emissions in future reports. He also said the world should give US President Barack Obama leeway in working out a new UN climate treaty, recognising that the United States cannot slash greenhouse gas emissions easily.
Obama wants to cut US greenhouse gas emissions back to 1990 levels by 2020, a 14 percent cut from 2007 levels. Pachauri said that was "a step forward" from the presidency of George W. Bush, who foresaw a peak for US emissions only in 2025. "The world will have to provide some degree of latitude to the US to see what further actions can be taken," he said. US Senate Democrats on Monday announced a new delay to climate change legislation until later this month.
Pachauri criticised the G8 for acknowledging a 2 Celsius goal at a summit in Italy without setting 2020 goals for emissions cuts to help stay below the ceiling. "The G8 has to come up with some firm commitments on reductions by 2020. They've missed out on that," he said.

Copyright Reuters, 2009

Comments

Comments are closed.