ANALYSIS | Fighting climate change is expensive. And governments seem less willing to pay

A “glass half full” report from the International Energy Agency out Tuesday does its best to be encouraging about the world’s attempts to keep the planet from burning up. But while saying it “remains possible” to limit the rise in global temperatures to 1.5 C — considered a crucial limit to prevent the floods and droughts and fires from getting worse — the report is making waves in the oil and gas sector by declaring that the only way to reach that target is to cut fossil fuel output by 30 per cent in the next seven years. Aly Hyder Ali, the oil and gas program manager with the advocacy group Environmental Defence, celebrates what he calls the first report to say that fossil fuel productio

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