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BCSE In Action

FOR IMMEDIATE RELEASE                                                                                                              

October 9, 2018 
Contact: Laura Tierney
Email: [email protected]
Office: 202.785.0507

IPCC Report is a Call to Action to Accelerate Emissions Reductions and Enhance Resilience

Washington, DC –  The release of the Intergovernmental Panel on Climate Change (IPCC)’s Special Report on Global Warming of 1.5̊ C this week in Incheon, South Korea, indicated that limiting global warming to 1.5°C would require “rapid and far-reaching” transitions in land, energy, industry, buildings, transport, and cities, and that global net human-caused emissions of carbon dioxide (CO2) would need to fall by about 45 percent from 2010 levels by 2030, reaching ‘net zero’ around 2050.

In response, Business Council for Sustainable Energy (BCSE) President, Lisa Jacobson, issued the following statement:

“The release of the IPCC Special Report on Global Warming of 1.5̊ C warns both of potential risks and opportunities for the international community if it allows global warming to reach 1.5̊ C. This should be a call to action for governments, companies and citizens alike to dramatically ratchet up actions to reduce emissions and to enhance resilience to prepare for the impacts of global climate change.  The technologies exist today to cost-effectively make significant emissions reductions.  We need the political will at all levels of government and by non-state actors to heed this very strong message.”

“The transformation underway in the U.S. energy sector – one that embraces a broad portfolio of clean energy solutions from energy efficiency, natural gas and renewable energy, as well as carbon capture, utilization and storage – is pointing us in a necessary direction to reduce global greenhouse gas emissions.  Rapidly falling technology costs, increased investments and continued research and development into this clean energy portfolio show this progress, as documented in the 2018 edition of the Sustainable Energy in America Factbook.  

“The Council is also greatly encouraged by the corporate leadership and commitments to climate action of its members, which include commitments to targets of 100% renewable energy and doubling of energy productivity by mid-century and the setting of science-based targets. These commitments will make an impact in several sectors in how energy is produced and consumed. Many of these commitments by BCSE members were showcased at the Global Climate Action Summit last month.”

The IPCC report is written by 91 authors from 44 different citizenships. A Summary for Policymakers (SPM) presents the key findings of the Special Report and is available at http://www.ipcc.ch/report/sr15.

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