GOOD NEWS GIFTS FOR THE TWELVE DAYS OF CHRISTMAS

As we reach the end of 2023 you may feel that it has been all doom and gloom with so many climate disasters and devastating wars.

But there a was  A LOT of progress on climate action which often the news doesn’t focus on

So here are twelve gifts for you !

ON THE FIRST DAY OF CHRISTMAS  MY TRUE LOVE GAVE TO ME –   CARBON EMISSIONS ARE PEAKING

Peaking global emissions : there is a 70 percent chance that emissions from energy will begin to  drop in 2024

https://climateanalytics.org/publications/when-will-global-greenhouse-gas-emissions-peak#:~:text=This%20would%20make%202023%20the,to%20peak%20oil%20in%202025.

ON THE SECOND DAY MY TRUE LOVE GAVE TO ME : AN ELECTRIC CAR

In 2023 18 percent of new car sales were Electric.  A total of 14% of all new cars sold were electric in 2022, up from around 9% in 2021 and less than 5% in 2020.

Ranked: Electric Vehicle Sales by Model in 2023

ON THE THIRD DAY –  MY TRUE LOVE GAVE TO  ME:   SOLAR ENERGY!

Solar is now the cheapest form of energy , the prices have dropped 90 percenhttps://www.bloomberg.com/news/articles/2023-10-19/solar-energy-has-crossed-a-global-tipping-point-study-finds

ON THE FOURTH DAY – MY TRUE LOVE GAVE ME WIND ENERGY

Wind energy costs  also fell by 56 percent in the last decade

https://www.irena.org/Energy-Transition/Technology/Wind-energy#:~:text=Between%202010%20and%202020%2C%20the,capacity%20has%20increased%20over%20time.

ON THE FIFTH DAY – THE BEGINNING OF THE END FOR COAL
Coal use is predicted to have peaked and to  begin dropping next year

https://www.forbes.com/sites/alanohnsman/2023/12/18/current-climate-coal-use-may-have-peaked-in-2023/?sh=487b1a45431f

ON THE SIXTH DAY – CLIMATE COURT CASES

Successful climate litigation cases are growing

https://www.unep.org/news-and-stories/press-release/climate-litigation-more-doubles-five-years-now-key-tool-delivering

ON THE SEVENTH DAY –  A LOSS AND DAMAGE FUND

After years of campaigning it was a agreed that a Loss and damage fund would be set up to help countries most impacted by climate change

https://www.weforum.org/agenda/2023/12/cop28-loss-and-damage-fund-climate-change/

ON THE EIGHTH DAY – A TRANSITION AWAY FROM FOSSIL FUELS

COP28 also agreed to begin to transition away from fossil fuels – given how strong the oil lobby at COP28 was this is significant as will make investors consider potential future stranded assets

https://www.europarl.europa.eu/news/en/press-room/20231205IPR15686/cop28-climate-talks-agree-on-transitioning-away-from-fossil-fuels#:~:text=COP28%20marks%20the%20beginning%20of,not%20in%20a%20distant%20future.

ON THE NINTH DAY – DROP IN DEFORESTATION IN THE BRAZILIAN AMAZON

Deforestation dropped by 22 percent as President Lula reversed President Bolsanaros’ policies

Deforestation in the Brazilian Amazon falls 22% in 2023

ON THE TENTH DAY- A TREATY TO PROTECT THE HIGH SEAS

A historic agreement was signed with the goal of protecting 30 percent of the oceans  by 2030 – The treaty addresses a blaring gap in ocean protection, as only about 1% of the high seas is currently protected.

https://oceans-and-fisheries.ec.europa.eu/news/win-ocean-high-seas-treaty-signed-united-nations-2023-09-20_en

ON THE ELEVENTH DAY – BATTERY STORAGE

The challenge of intermittent energy from renewables is solved by battery storage.  This is being solved by massive growth in battery storage – set to grow 15 fold by 2030.  The price has also plummeted

https://about.bnef.com/blog/global-energy-storage-market-to-grow-15-fold-by-2030/

ON THE TWELFTH DAY OF CHRISTMAS MY TRUE LOVE GAVE TO ME FOREST PROTECTION BY EU

The European Union has passed regulations to stop import of products grown on land which has been deforested since 2020

https://environment.ec.europa.eu/topics/forests/deforestation/regulation-deforestation-free-products_en