Meeting Paris Agreement Targets Would Create 24 Million Jobs Globally

This month, when diplomats met in Poland to negotiate the implementation of the Paris Agreement, the United States took on the role of the villain. The United States, which plans to formally withdraw from the pact, rejected a landmark scientific report and touted the need for fossil fuels. Why? In justifying his opposition to the Paris Agreement, Trump has repeatedly said that it will eliminate millions of U.S. jobs.

A construction worker - one of the 24 million jobs
 to be created globally in meeting the Paris agreements.

According to research, however, his position is unfounded, especially over the long term. By working to achieve the stated goal of the Paris Agreement, to limit warming to 2 degrees C, most countries will see a net gain in employment.

“Our findings show that if we take action to limit climate change, we will have more jobs by 2030 than by not doing anything,” said Guillermo Montt, author of the study and a senior economist in the research department of the International Labor Office, a special UN agency that focuses on labor issues. “More jobs will be created than those that are lost, so the economy and countries as a whole stand to gain.”

Read the Nexus Media story by Marlene Cimons - “Meeting Paris Agreement Targets Would Create 24 Million Jobs Globally.”

Electric vehicles alone could cause peak oil demand within decade

When Tesla announced that it had built 7,000 cars in a week, I got excited. Even though electric vehicles (EVs) make up only a small percentage of new car sales in most countries, those sales are growing rapidly.

In an aggressive scenario, electrified transportation
 could displace 8 million barrels of oil per day.

But how long before they really start to take a bite out of oil demand?

Norway offers some clues, where years of generous—some would say unsustainable—incentives saw EVs and plug-in hybrid sales grow to 55% of the new car market in March. And the cumulative impact of those sales may have FINALLY translated into a drop in overall demand, with gasoline in particular seeing a 2.9% drop in sales.

Read the story by Sami Grover from Treehugger - “Electric vehicles alone could cause peak oil demand within decade.”