We have a total budget of about 830 gigatons of carbon emissions by 2100 to avoid a 2.0C increase.
That's about 10 gigatons per year.
We currently are emitting 37 gigatons of carbon *per* year.
Good news: That's down from 50 gigatons *per* year in 2004.
Bad News: We are going in the hole over 25 gigatons *per* year.
We already are past the 1.0C increase carbon budget.
At current rates we blow thru the 1.5C increase budget before 2025.
Every year we emit more than 10 gigatons per year, means we need to be even further under 10 gigatons for the rest of this century.
And no one has a plan to actually remove the carbon yet. 90% of the models don't even consider that yet.
I'm old. I'll be dead. But anyone who's 20 today has a very good chance of living in really miserable times.
Good News: You might adapt.
Bad News: There's other bad stuff around metals like chromium, manganese, and so on that hits hard in 2050. You have to invent replacements for all of them by 2050 or your costs will skyrocket.
Further Bad news: We used more chromium in 2014 than we did from 1901 to 2000 combined.