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Did Germany Sign The Paris Agreement

By Zach Arnold | September 16, 2021

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This compromise was only reached thanks to an agreement to compensate the regions concerned (€40 billion) and the companies concerned that operate the coal-fired power plants (an additional €4.35 billion) (Agora Energiewende, 2019); Federal Ministry for Economic Affairs and Energy, 2019). The initial compromise was the subject of a broad social consensus. But the timeline is still not fast enough to be compatible with a 1.5°C trajectory that would require an exit from coal from OECD countries by 2030 (Climate Analytics, 2018). And while the government has promised to anchor the coal exit roadmap by November 2019, it was only adopted in July 2020 and significantly watered down by the coal Commission`s already weak recommendations. Iran, Iraq and Libya – all 14 members of the Organization of the Petroleum Exporting Countries (Opec) – and conflict-torn states such as Yemen and South Sudan have not ratified the deal. With ratification by the European Union, the agreement obtained enough parts to enter into force on 4 November 2016. Turkey and three major oil-exporting nations are among seven countries that have yet to ratify the 2015 Paris climate agreement. Angola joined Kyrgyzstan and Lebanon and ratified it in 2020, meaning the agreement was formally approved by 190 out of 197 countries. After being at the forefront of providing new renewable energy capacity in the electricity sector, the increase in wind and sun capacity has slowed considerably, jeopardizing the entire sector. In 2019, photovoltaic installations increased significantly again, but the onshore wind fell to its lowest level in 20 years. Over the past decade, each sector has lost more jobs than those currently working in the coal sector. The measures of the climate change agenda are not necessarily sufficient to accelerate development, to reach the government`s target of 65% renewable electricity by 2030, which is even insufficient. Since 2009, greenhouse gas emissions have been stable at around 900 million tonnes of CO2 equivalent per year.

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