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“2050 is way too late” – big names divided over Australia’s climate targets
The United Nations’ Intergovernmental Panel on Climate Change (IPCC) has released it most comprehensive report on global warming, put together by 234 international scientists and it’s not pleasant reading for the future
The latest United Nation’s report on Climate Change dropped yesterday, and the response has been powerful and global
Who said what, and is still hope?
IPCC climate report: Code red for humanity
Mark Howden is a climate institute professor from the Australian National University who also contributed to the IPCC report, he says the report shows with greater confidence than ever before that the world is “very unlikely to avoid 1.5 or 2 degrees of warming under the current trajectory of greenhouse emissions”.
Sarah Hanson Young joined ticker NEWS following the release of the world’s largest ever report into climate change.
This is the strongest statement on the science of climate change, and Hanson Young says it’s time to listen to the science.
The United Nation’s latest report on climate change was put together by 234 international scientists and paints an objectively dark picture of the future
“Well, in some ways, not overly surprising, but I think, a pretty dire warning for what we’re facing, not just around the rest of the world, but increasingly, here in Australia,” Hanson Young told tickerNEWS.
The Australian Greens senator says the rising temperature means an increase rate of severe drought in Australia, “that’s going to have a huge impact on the Murray Darling Basin and our food production, more bushfires more extreme weather.”
“There’s no other way around it, we have to get out of fossil fuels, and we’ve got to do it fast, we’ve got to really make deep cuts to carbon pollution. We’ve got to be doing that in the next decade. 2050 is way too late.”
Hanson Young said Australia’s Prime Minister’s is still “hedging his bets on a 2050 target, but if we wait till 2050, what this report shows is that it’s going to be way too late.”
“We will meet and beat our targets”
australian prime minister scott morrison
John Kerry is one of the most powerful voices on the issue and says the report underscores an “overwhelming urgency for action.”
Australian Prime Minister Scott Morrison fronted the media and says he’s listening but he wants a balance.
Australia’s trading partners including the UK, US, Japan and South Korea have upped their goals in an effort to limit warming.
What next?
The UN report found the world’s temperatures are likely to increase by 1.5 degrees on pre-industrial levels by 2040.
This can cause rising sea levels and more extreme weather patterns placing stress on the world’s population like we’ve seen recently in Greece, London and Australia.
Now this is all very hard to hear and paints a grim picture, but there is some good news, there’s still hope.
It’s a lot to to take in at a time when we are challenged in other ways, but when there’s hope there’s always possibility.
Netflix Surpasses Expectations with 9.33 Million New Subscribers in Q1 2024
Netflix stunned analysts and the industry alike with its first-quarter 2024 earnings report, revealing a remarkable surge of 9.33 million paid subscribers, soaring past the anticipated 3.93 million additions and bringing its total subscriber count to an impressive 269.60 million.
This surge follows a record-breaking fourth quarter of 2023, where Netflix added 13.1 million subscribers. Despite this remarkable growth streak, Netflix announced it would cease reporting quarterly subscriber totals from 2025 onward, signalling a significant shift in industry dynamics. Notable contributors to this growth included high-profile releases like the live-action adaptation of “Avatar: The Last Airbender” and “3 Body Problem” by the show-runners behind “Game of Thrones.”
Regionally, the U.S. and Canada saw a growth of 2.53 million paid subscribers, while Europe, the Middle East, and Africa added 2.92 million, Latin America saw an increase of 1.72 million, and the Asia-Pacific market experienced a rise of 2.16 million.
Alongside surpassing subscriber expectations, Netflix exceeded financial projections, reporting a 15% increase in revenue from Q1 2023, with diluted earnings per share of $5.28 on $9.37 billion in revenue.
Looking ahead, Netflix forecasts robust financial performance for Q2, with expectations of $9.49 billion in revenue and diluted EPS of $4.68, aiming for revenue growth of 13% to 15% for the full year 2024, reflecting a bullish outlook on its operational margin.
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