It has been five years since the signing of the Paris climate accord, when 189 countries agreed to limit global warming to hopefully 1.5C. Squabbling nations have since struggled to agree on the rules. Now, that goal might be in reach. Here’s why 👇 ft.com/content/d6e23e…
During the past few months, China, Japan and South Korea have announced targets of net zero emissions by the middle of the century. President-elect Joe Biden has said he wants the US to reach zero carbon electricity by 2035 and net zero emissions by 2050 ft.com/content/d6e23e…
Global emissions have also dropped 6.7% during the coronavirus pandemic this year, the biggest absolute decline recorded outside of wartime ft.com/content/d6e23e…
Big leaps in green technology, and new corporate commitments, have also helped generate a tailwind, such as Apple’s Tim Cook joining the UN climate summit ft.com/content/d6e23e…
Clean energy is much cheaper than it was then, and the combination of technological progress, along with increasing knowledge about climate change damage, has sped up the pace of the transition away from fossil fuels and non-renewable energy ft.com/content/d6e23e…
Since the Paris accord was signed, sales of electric vehicles have quadrupled, from 572,000 in 2015, to 2.3m in 2020, according to estimates from the International Energy Agency ft.com/content/d6e23e…
As the planet gets warmer, the proof of pledges will be in their implementation. ‘Distant hypothetical targets are being set ... Yet, when it comes to the immediate action we need, we are still in a state of complete denial,’ said activist Greta Thunberg ft.com/content/d6e23e…
• • •
Missing some Tweet in this thread? You can try to
force a refresh
When Joe Biden is sworn in as president on January 20, he will be forced to tackle an issue that may define his presidency as much as the health and livelihoods of the American people: the fate of his predecessor, Donald Trump on.ft.com/3r7ysL5
It’s no secret that Trump has tested and twisted the US political system to breaking point, serving as a one-man crash course on the US constitution and legal and ethical norms.
A big question remains: should Washington prosecute a former president? on.ft.com/3qXkon7
While in office, Trump has been protected by the Department of Justice numerous times. For instance, the DoJ helped the president stall a state criminal investigation into possible tax fraud on.ft.com/3qXkon7
Free to read: How did London grow into a financial powerhouse? The latest instalment of our City of London series charts the growth of the UK capital and what the future holds after Brexit on.ft.com/37kjrxx
As far back as the 1980s, banks operating out of the UK had cross-border exposures far greater than banks in Germany and France ig.ft.com/mapping-london…
But more recently, Brexit has prompted banks to shift assets to their new trading hubs in Frankfurt and Paris ig.ft.com/mapping-london…
Many 16- to 30-year-olds around the world feel their futures have been thrown off track by Covid-19 and are increasingly anxious on.ft.com/36IEgRF
Chief among their concerns is mental health and employment, with about one in six people aged 18-29 likely to have lost their work as a result of Covid-19 ft.com/content/0dec02…
Millions of young adults globally have moved back in with their parents after the virus began to spread. In the US, the share of 18- to 29-year-olds living with their parents is the highest ever recorded ft.com/content/0dec02…
The president of the US does a lot to set the tone of global politics — and most nations want friendly relations with the world’s most powerful country.
Here are the world leaders who most stand to lose — and to gain — from a Biden presidency: ft.com/content/1e6dd7…
Loser: Boris Johnson
Joe Biden warned him during the campaign not to undermine the Good Friday Agreement, while his aides haven’t forgiven the UK prime minister’s unfortunate reference to Barack Obama’s 'part-Kenyan' heritage ft.com/content/1e6dd7…
Loser: Vladimir Putin
Moscow has reason to feel glum: while Donald Trump has praised the Russian president’s leadership, Joe Biden has vowed to step up pressure on the Kremlin as part of a pledge to target autocracies and promote human rights ft.com/content/1e6dd7…
What does a Joe Biden win mean for the rest of the world?
He has vowed to restore American leadership after the confrontational and disruptive foreign policy of the Trump years, but the US faces challenges across the board ft.com/content/75592d…#bidenharris2020
Let’s start with Europe — what does Biden want to accomplish?
He is keen to rebuild the European alliances that Trump has repeatedly snubbed. Biden prides himself on his Irish heritage and will likely move away from Trump’s overt hostility to the EU ft.com/content/75592d…
What about the Middle East?
Biden, like Trump, wants to end America’s forever wars and plans a shift in US loyalties in the Middle East. He’s promised to rejoin the Iran nuclear deal if the country comes back into compliance ft.com/content/75592d…