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PricewaterhouseCooper Report: current government ambitions won’t stop temperature rise

PricewaterhouseCoopers (PwC) has released a report entitled the Low Carbon Economy Index, which analyses the amount of carbon emitted per unit of GDP. It concludes that for a 50 % chance of limiting temperature rise to 2˚C, carbon intensity needs to fall by more than 5 % per year every year until 2050. 

Over the last decade or so, carbon intensity has been falling by only 0.8 % per year. PwC concludes that, if decarbonisation rates do not improve, the world will not be able to meet its two degree target.

To read a summary of the report, click here.
To access the report, click here.

Note that Carbon Brief provides a very useful summary of the report, which you can find here.

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