Global CO2 emissions reached an all-time high in 2021. The entire world needs to bring emissions down to net zero by mid-century if we want any chance of limiting global warming to 1.5 °C.
This formidable challenge has been made even harder by Russia’s invasion of Ukraine. It has pushed up energy prices and threatens to derail efforts to tackle climate change.
According to the International Energy Agency (IEA) the world was already way off track when it came to achieving even the most basic climate goals. Investment in clean energy technologies wasn’t increasing fast enough and now there are fears Russia’s invasion will justify a wave of new large-scale fossil fuel infrastructure.
It could derail all of the good work that has been achieved to date. Why are these fears justified? Global net income from oil and gas production in 2022 is anticipated to be nearly $2 trillion higher than in 2021 and two-and-a-half times the average of the past five years, the IEA said. It’s a frightening windfall that doesn’t bode well for the future.
We really are a global village and proof of that will be evident when we celebrate World Refrigeration Day on 26 June, 2022.
There is plenty to celebrate next month with the release of our Top 20 next generation technicians for 2022. These talented technicians are all under 25 years of age and make up this year’s NextGen feature which appears in the June edition of CCN magazine and is accompanied by a video.
Finally, it’s been great to see so much interest in our revised awards program, CCN’s Excellence Awards. Sponsors are invited to support our new award categories as there are still sponsorship packages available.
Let’s support the next generation by rewarding talent, reducing emissions and recognising that the future depends on us.
(To find out more about award sponsorships call Michael Northcott on 0420 403 044)