"A landmark climate change report describes a shift in energy spending—away from fossil fuels and into clean energy—needed to keep global warming under 1.5 degrees. "

"To keep global warming in check, the world will have to invest an average of around $3 trillion a year over the next three decades in transforming its energy supply systems, a new United Nations climate science report says. It won't be cheap, but it's also a change that's already underway.

Much of that investment is money that would be spent on energy systems anyway. Instead of continuing to invest it in fossil fuel-based energy that worsens global warming and can harm human health, the report provides a pathway for shifting those investments to clean energy.

The landmark report, released Oct. 8 by the Intergovernmental Panel on Climate Change (IPCC), sums up years of research into the risks to people and ecosystems if global temperatures rise 1.5 degrees Celsius above pre-industrial times, and it looks at how to stop that from happening. The planet has already warmed about 1°C, and it's gaining about 0.2°C every decade, the report says."

Phil McKenna reports for InsideClimate News October 11, 2018. [2]