• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
New Energy

UN report says avoiding climate disaster is hard, but possible

By
Michael Casey
Michael Casey
Down Arrow Button Icon
By
Michael Casey
Michael Casey
Down Arrow Button Icon
July 8, 2014, 4:24 PM ET
Court Temporarily Blocks Takeover Of Texas Emissions Program
Water vapor rises from the smoke stack of a petrochemical refinery located along the Houston ship channel in Houston, Texas, U.S., on Monday, Jan. 3, 2011. A federal appeals court temporarily blocked the U.S. Environmental Protection Agency (EPA) from taking control of Texas' carbon-emission rules while it considers the state's bid to fend off federal intervention. Photographer: F. Carter Smith/Bloomberg via Getty ImagesBloomberg—Getty Images
Add Fortune on Google for similar content.

The United States could reduce its emissions by 85 percent by 2050 from 1990 levels if it significantly reduced its dependence on fossil fuels and invested in everything from electrical vehicles to energy efficiency, a United Nations report has found.

Put together by research teams from 15 countries that represent 70 percent of total greenhouse gas emissions, the report lays out a long-term global strategy to keep temperatures from rising by 2 degrees Celsius (3.6 degrees Fahrenheit) above pre-industrial levels.

If enacted, the series of measures described in the report would see cuts of 45 percent in emissions related to energy by 2050 from 2010 levels, or just short of what is needed to keep temperatures from rising more than 2 degrees.

The projected cuts are ambitious and the authors acknowledge that many of the hurdles that have stymied efforts to combat global warming until now could also derail these proposals — namely, political opposition as well as the feasibility of deploying technological solutions that are currently too costly or not yet proven on a commercial scale.

“The world has committed to limiting warming to below 2 degrees, but it has not committed to the practical ways to achieve that goal,” said Jeffrey Sachs, director of Columbia University’s Earth Institute and the Sustainable Development Solutions Network, which published the report.

The report proposes pathways that are unique to each country depending on its circumstances. China, for example, would depend on nuclear for a quarter of its electricity by 2050 and is part of an effort to build momentum to climate talks next year in Paris when countries are expected to ink a global deal limiting emissions starting in 2020.

Laurence Tubiana, the French ambassador for climate negotiations, said the report allows countries to think about the issues longer term rather than debating short-term fixes, such as immediate cuts, which often devolved in the past into finger pointing between rich and poor nations over who should take the lead.

“We know countries will not be able to set up targets or contribution or plans that can make up for the 2 degrees. The step is too high,” Tubiana said of the 2015 talks. “That is why this type of exercise is important. What if we project our future into 2050 and see how to get there? Many times, people are stuck in short-term vision. Of course, changes are not possible in the short-term. You cannot switch your energy system in 20 years time. You need at least 40 or 50 years.”

Tubiana also said she felt countries were more willing than during the 2009 climate talks in Copenhagen to consider some of the hard choices necessary to shift to a low-carbon economies. A big part of that, she said, was that the impacts of climate change — droughts in the United States, or floods and heat waves in Europe — are becoming harder to ignore.

Under the report’s plan, the United States would continue to expand its economy, but gradually shift away from traditional fossil fuels — such as oil, coal and gas — and toward renewables. Electricity, for example, would be generated by a mix of 40 percent renewables, 30 percent nuclear and 30 percent fossil fuels that use carbon capture and sequestration technology to capture and bury the carbon dioxide — a solution that until now has struggled to overcome safety and other concerns.

“There is no magic bullet to this when you are talking about electrification of vehicles, when you are talking about changing land use, when you need a new grid system, when countries need to make decision about nuclear energy, when countries need to do the research and development around carbon capture and sequestration” Sachs said, adding that countries need to significantly ramp up its research and development into green technology to enable the switch.

“What we need to do is to understand that all countries need to make a very deep transformation and that some of the technologies that we need for that still need to be improved markedly or proved at large scale in order to be implemented,“ he said.

About the Author
By Michael Casey
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Current price of Bitcoin for July 1, 2026
Personal FinanceCryptocurrency
Current price of Bitcoin for July 1, 2026
By Joseph HostetlerJuly 1, 2026
47 minutes ago
Current price of Ethereum for July 1, 2026
Personal FinanceEthereum
Current price of Ethereum for July 1, 2026
By Joseph HostetlerJuly 1, 2026
47 minutes ago
Top CD rates from major banks July 1, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceCertificates of Deposit (CDs)
Top CD rates from major banks on July 1, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 1, 2026
55 minutes ago
DHL plane being refuelled at airport by man in high-vis jacket
EnergyAviation
The Iran conflict saw jet fuel prices soar—when you use 1.88 million tonnes a year, how you respond really matters (just ask DHL)
By Sam ForsdickJuly 1, 2026
56 minutes ago
Current price of oil as of July 1, 2026
Personal FinanceOil
Current price of oil as of July 1, 2026
By Joseph HostetlerJuly 1, 2026
1 hour ago
In this photo illustration, a Cisco logo is displayed on a smartphone with Artificial Intellingence (AI) symbols in the background.
AICFO Daily
Cisco is rolling out AI agents to every single one of its 90,000 employees
By Sheryl EstradaJuly 1, 2026
1 hour ago

Most Popular

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
6 days ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
4 days ago
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
2 days ago
'Humanity has chosen to become idiots': This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
AI
'Humanity has chosen to become idiots': This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
By Catherina GioinoJune 29, 2026
2 days ago
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
Commentary
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
By Marc AndersenJune 30, 2026
1 day ago
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
Environment
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
By Catherina GioinoJune 28, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.