PwC report: World still on track for dangerous warming this century

The latest Pricewaterhousecoopers (PwC) Low Carbon Economy Index (LCEI) shows that the world is still on track for 3.7 to 4.8°C of warming by the end of the century, rather than the 2 degrees limit committed to at Copenhagen in 2009 and at subsequent climate talks. But there are small glimers of climate hope from the continued growth in renewables and in the reduction in carbon intensity reported by some countries. Australia in particular was a surprise showing a 7.2 per cent reduction in carbon intensity in 2013, more than any other major nation.

However, even if all current policies on the table were fully implemented at their highest ambition range, the planet would still be on a trajectory of at least 3 degrees warming by the end of the century.

Business as usual Carbon emissions heading towards 6C of global warming this century

A new report by PriceWaterhouseCoopers (UK) has warned that if we continue with business as usual with current global carbon emission reduction we are likely to hit 6 degrees Celsius or more of global warming towards the end of the century, overshooting the agreed upon global goal of limiting warming to 2 degrees to avoid dangerous and very extreme climate impacts.

The report is an annual analysis of the Low Carbon Economy Index devised by PriceWaterhouseCoopers (PwC), measuring developed and emerging economies progress towards reducing emissions linked to economic output.