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As we enter the second half of the year, activity is picking up in advance of the United Nations’ COP21 climate summit in Paris this December.
China just released its “Intended Nationally Determined Contribution” to peak its carbon-dioxide emissions around 2030. And in June, six oil and gas majors — BG Group, BP, Eni, Royal Dutch Shell, Statoil and Total — published a joint letter to the U.N. and international governments to affirm their own climate commitments and call for action to ensure we remain within the 2 degrees Celsius threshold.
Christiana Figueres, executive secretary of the U.N. Framework Convention on Climate Change, responded with her own open letter to welcome the oil and gas industry’s efforts and suggest ways they can support government action.
Whatever Paris delivers, the energy sector can make immediate progress to build momentum for the transition to a low-emissions economy. The industry is uniquely positioned to address short-lived climate pollutants — black carbon, methane, tropospheric ozone and hydrofluorocarbons — through fast mitigation.
Indeed, up to 1 degree C (PDF) of temperature rise can be avoided this way. Based on BSR’s work with the Climate and Clean Air Coalition (CCAC), there are three main areas where the sector can make progress on short-lived climate pollutants: