London Daily

Focus on the big picture.
Sunday, Feb 15, 2026

Climate change: 'Political and economic madness' to invest in fossil fuels warns UN, as landmark report asks us to change lifestyles

Climate change: 'Political and economic madness' to invest in fossil fuels warns UN, as landmark report asks us to change lifestyles

The summary, referred to as a 'litany of broken promises' by the UN, warns current fossil fuel plans put the world on course for 2C warming, but carbon capture and lifestyle changes can help.

It is "moral and economic madness" to fund new fossil fuel projects, the United Nations (UN) chief said today, as a pioneering report warned simply cutting emissions was no longer enough to curb the climate crisis.

The need to scale up the measures to remove carbon dioxide from the air are now "unavoidable" in order to meet net zero goals, the UN's Intergovernmental Panel on Climate Change (IPCC) said in a landmark document.

The UN secretary-general Antonio Guterres called the climate report a "litany of broken climate promises... cataloguing the empty pledges that put us firmly on track towards an unliveable world".

Campaigners may be regarded as radicals, the "truly dangerous radicals" are those countries increasing fossil fuel production, he said, calling for a trebled pace in the shift to renewables.

His comments land as the British government considers increased oil and gas production from the North Sea, with many states seeking to wean themselves off fossil fuels from Russia in response to its invasion of Ukraine.

While the Ukraine war "may reduce the media coverage" of the report in some countries, many are now more aware of the "multiple risks associated with dependence on fossil fuels, including energy insecurity and unaffordability as well as climate change," Bob Ward, policy director at the Grantham Research Institute on Climate Change at the London School of Economics, told Sky News.

The report, commissioned and endorsed by 195 governments, warns current fossil fuel plans put the world on course for 2C warming. It also urges an end to all fossil fuel subsidies and new coal plants and warns oil and gas will become stranded assets in the next few decades.

Eleventh hour wrangling between nations delayed its publication. Sky News understands oil-rich Saudi Arabia queried some fossil fuel language and India pushed for a distinction in responsibilities for developing and developed countries - though the United States pushed back.

The need for carbon dioxide removals


The report is the strongest yet on the need for carbon dioxide removals: ways to suck carbon out of the air including technologies that store it underground or harnessing natural methods like oceans, soils and trees to soak it up.

It says we have enough space underground to store permanently all the CO2 emissions we need to limit warming to 1.5C, but globally carbon capture and storage deployment is "far below" the level needed. In 2015 the UK government cancelled £1bn of promised funding for the technology.

Campaigners fear that carbon dioxide removals distract from the need to cut emissions, but scientists have been at pains to stress that the world desperately needs both.

Prof Michael Grubb, a lead author, said these methods would not "ride to the rescue" of fossil fuel industries. They should only be available to offset areas where emissions reductions are likely impossible, such as like aviation and cement, he said.

There is no question we are "cooked" without drastic emissions cuts, Sir David King, former UK Government chief scientific adviser and founder of the Climate Crisis Advisory Group, told Sky News. "

But he said we are beginning to see a "very significant beginning of a change of tactic within the IPCC," with more emphasis on greenhouse removals at scale.

Key points:


*  Both "rapid and deep and in most cases immediate" emissions cuts and greenhouse gas removals are essential to reach 1.5C

*  For the first time a whole chapter highlights how changes diets, lifestyles, shopping habits and travel can reduce emissions. But structural and cultural change are essential too

*  Emissions in the last decade were highest in history, though rate of growth has slowed

*  We have enough space underground to lock away all the CO2 emissions we need to from now until 2100 to keep us at 1.5C, but we aren't deploying that technology fast enough

*  Many types of renewable energy have become increasingly cheap, viable and used

*  Countries are not matching promises with policies

The cost of some forms of renewables and electric vehicles have fallen, and their use continues to rise, IPCC finds


'Glass half full'


Amid the bleak warnings came some reasons for hope, including the dramatic fall in the cost of renewables.

"The report very much paints a picture of glass half empty, half full - but rising," Prof Grubb told Sky News.

It says the world already has the technologies, expertise, and financial potential across all sectors to halve global greenhouse gas emissions by 2030.

And for the first time it dedicates a whole chapter to changes many consumers can make to reduce demand for fossil fuels.

What are the IPCC reports?


Today's landmark report is the final of three issued over the past eight months, with February's report focusing on impacts and last summer's on the science. They are seen as the most authoritative reports in the world and inform discussions at the annual COP climate summit.

The reports are issued every six to seven years, and the one focusing on mitigation, like today's, is often the most contentious because it concerns what leaders, businesses and citizens must do to cut climate heating pollution.

Hundreds of scientists compiled the report from thousands of studies over seven years, before the summary was scrutinised by 195 governments and finally signed off today. While the language of such reports has become more emphatic as evidence mounts, the consensual nature of the process means the strongest warnings could have been tempered.

Newsletter

Related Articles

0:00
0:00
Close
Prince William Meets Saudi Crown Prince as Epstein-Andrew Fallout Casts Shadow
Starmer Calls for Renewed ‘Hard Power’ Investment at European Security Summit
UK Police Establish National Taskforce to Handle Domestic Epstein-Linked Allegations
UK Court Rules Ban on Palestine Action Unlawful in Major Free Speech Test
UK Faces Prospect of Net Migration Turning Negative as Economic Impact Looms
Mayor of Serdobsk in Russia’s Penza Region Resigns After Housing Certificates Granted to Migrant Family Trigger Public Outcry
Pentagon Reviews Anthropic Partnership After Claude AI Reportedly Used in Operation Targeting Nicolás Maduro
President Donald Trump and Hip-Hop’s Political Realignment: Pardons, Public Endorsements, and the Struggle Over Cultural Influence
China’s EV Makers Face Mandatory Return to Physical Buttons and Door Handles in Driver-Distraction Safety Overhaul
Goldman Sachs and DP World Executive Resignations: Elite-Reputation Risk and Corporate Governance Fallout From the Epstein Disclosures
‘Amelia’: The UK Government’s Anti-Extremism Game Villain Who Became a Protest Symbol
Peter Mandelson Asked to Testify Before US Congress Over Jeffrey Epstein Links
Walmart's Earnings and UK Economic Data Highlight Upcoming Financial Trends
UK Green Party Considering Proposal to Legalize Heroin for an Inclusive Society
SpaceX's New Vision: Lunar City Takes Precedence Over Mars Colonization
OpenAI and DeepCent Superintelligence Race: Artificial General Intelligence and AI Agents as a National Security Arms Race
Document Suggests Prince Andrew Shared UK Briefing on Afghan Investment Opportunities with Jeffrey Epstein
We will protect them from the digital Wild West.’ Another country will ban social media for under-16s
McDonald's Shortens Breakfast Hours in Australia Due to Egg Shortage
Heineken announces cut of 6,000 jobs due to declining beer demand
Beijing Brands UK Hong Kong Visa Expansion ‘Despicable and Reprehensible’ After Jimmy Lai Sentencing
Tesco Chief Warns UK Is ‘Sleepwalking’ Toward a Joblessness Crisis
Trump’s ‘Act of Great Stupidity’ Comment on UK Chagos Deal Reverberates Through Diplomacy and Strategy
New U.S. filings say Jeffrey Epstein repaid Les Wexner one hundred million dollars after theft allegation
Commerce Secretary Howard Lutnick acknowledges 2012 visit to Jeffrey Epstein’s private island as lawmakers scrutinise past ties
Helsing and Stark Defence loitering-munition drones and Germany’s race to industrialise battlefield autonomy
UK orders deletion of Courtsdesk court-data archive, reigniting the fight over who controls public justice records
UK Police Review Fresh Claims Involving Prince Andrew as Senior Royals Respond to Epstein Files
Keir Starmer’s Premiership Faces Unprecedented Strain as Epstein Fallout Deepens
Starmer Vows to Stay in Office as UK Government Faces Turmoil After Epstein Fallout
China and UK Signal Tentative Reset with Commitment to Steadier, Professionally Managed Relations
UK Confirms Imminent Increase in ETA Fee to £20 as Entry Rules Tighten
UK Signals Possible Seizure of Russia-Linked ‘Shadow Fleet’ Tanker in Escalation of Sanctions Enforcement
Epstein Scandal Piles Unprecedented Pressure on UK Prime Minister Keir Starmer’s Leadership
UK’s ‘Most Romantic Village’ Celebrates Valentine’s Day and Explores the Festival’s Rich History
The Implications of Expanding Voting Rights to Non-EU Foreign Residents in France
Ghislaine Maxwell to Testify Before US Congress on February 9
Al.com Acquired by Crypto.com Founder for $70 Million
Apple iPhone Lockdown Mode blocks FBI data access in journalist device seizure
Belgium: Man Charged with Rape After Faking Payment to Sex Worker
KPMG Urges Auditor to Relay AI Cost Savings
US and Iran to Begin Nuclear Talks in Oman
Winklevoss-Led Gemini to Slash a Quarter of Jobs and Exit European and Australian Markets
Canada Opens First Consulate in Greenland Amid Rising Geopolitical Tensions
China unveils plans for a 'Death Star' capable of launching missile strikes from space
NASA allows astronauts to take smartphones on upcoming missions to capture special moments.
Trump administration to launch TrumpRx.gov for direct drug purchases
Investigation Launched at Winter Olympics Over Ski Jumpers Injecting Hyaluronic Acid
U.S. State Department Issues Urgent Travel Warning for Citizens to Leave Iran Immediately
Wall Street Erases All Gains of 2026; Bitcoin Plummets 14% to $63,000
×