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Russia and Saudi Arabia Reject Calls to End Oil and Gas Spending, Say IEA s Net-Zero Roadmap Is Unrealistic – NBC 7 San Diego

It comes at a time when policymakers are under immense pressure to deliver on promises made as part of the Paris Agreement, a landmark accord widely recognized as critically important to avoid the most devastating impacts of climate change. Almost 200 countries, including Russia and Saudi Arabia, ratified the Paris climate accord in 2015, agreeing to pursue efforts to limit the planet s temperature increase to 1.5 degrees Celsius above pre-industrial levels. The agreement requires net-zero greenhouse gas emissions by 2050. Remarkably, the world s leading energy advisor delivered its starkest warning yet on global fossil fuel use last month, saying the exploitation and development of new oil and gas fields must stop this year if the world wants to reach net-zero emissions by the middle of the century.

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Russia and Saudi Arabia reject calls to end oil and gas spending, say IEA s net-zero roadmap is unrealistic

Russia aims for leading global positions in small-scale nuclear power

Russia aims for leading global positions in small-scale nuclear power MOSCOW. June 4 (Interfax) - Russia plans to take leading global positions in the field of small-scale nuclear power generation, Deputy Prime Minister Alexander Novak said at the St. Petersburg International Economic Forum on Thursday. I believe that the future is also in nuclear energy. Despite the fact that it has not yet entered the European taxonomy, nonetheless, about ten countries expressed disagreement with this, us included. Generation of electricity from nuclear sources at nuclear power plants has the lowest carbon footprint - 6 grams per 1 kWh of CO2 equivalent, while solar and wind, solar about 80, I think, and wind 14 grams. I won t give figures for coal and oil, they re higher, of course, and gas, Novak said.

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