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Good news: “The progress that’s being made is much faster than people expected.”

The Rest is Politics interview podcast “Leading” from Rory Stewart and Alistair Campbell has the two talking to the former Governor of the Bank of England Mark Carney on the climate:

…… I think it is important to underscore just how much progress is being made ……………….. 7-8 years ago in Paris, the world was heading to 3.5 degrees.

Today, we’re headed to 2.4 degrees. But realistically, it’s probably sub two degrees given where momentum is on policy. Five years ago, the world spending $500 billion on clean energy. Ok. 900 billion on oil and gas, conventional etc. Last year, 1.2 trillion clean energy, 900 billion oil and gas.

This year, 1.8 trillion clean energy, half of that on oil and gas basically. So the the spend on addressing the issue is going through the roof. It has almost unstoppable momentum and these numbers that I could give you with statistics in and around it. But the progress that’s being made is much faster than people expected at Glasgow two years ago.

Leading: Mark Carney: Bank of England, Trussonomics, and Brexit on Apple Podcasts

And here:

44. Mark Carney: Bank of England, Trussonomics, and Brexit – Leading | Listen here

And here he is in Glasgow at COP 26 two years ago:

COP26: ‘Not blah blah blah’, UN Special Envoy Carney presents watershed private sector commitment for climate finance | UN News