The world is failing to hit its climate targets

Photo: Kena Betancur/VIEWpress/Corbis via Getty Images

A reminder of how hard it will be to steeply cut global greenhouse gas emissions in the years ahead arrived this morning via a report this morning from several international agencies along with with other new analyses.

Why it matters: Despite big gains and cost reductions in renewables deployment as well as the expansion of carbon pricing, wringing CO2 out of the global economy on a large scale is not happening nearly fast enough to prevent highly dangerous levels of warming.