8 December 2015, Renew Economy, Paris, COP21: Ministers move in, as do the climate deniers. Nearly 200 ministers have arrived in Paris to bargain and negotiate over the final 20 pages of text, and the 290 or so brackets that remain – the outcome of which will decide whether this agreement will fulfil its ambitions, or be full of empty rhetoric. Australia foreign minister Julie Bishop arrived, delivered her speech to the plenary, and promised …. $625,000 on promoting the interests of women in climate-related decision-making processes. If that seemed a little underwhelming, so did the rest of the speech. Typically of the Australian government at these talks, it was fine on rhetoric – particularly about prime minister Malcolm Turnbull’s innovation plan (this government has edited its slogans down from three words to a single word, innovation) but short on action, particularly on climate and clean energy, using the technologies already available. Bishop told the plenary that Australia is “transforming the way we produce electricity”, but the data shows coal-fired generation is rising, thanks to the repeal of the carbon price and the halt in renewable energy investment thanks to the Coalition fiddling with previously agreed policies. RenewEconomy asked the minister later if the government was worried that the government’s policies were having the opposite effect of their stated intention. There was more talk of the renewable energy target, and the doubling of the rate of emissions reductions under its 2030 target. Read More here
Monthly Archives: December 2015
8 December 2015, Renew Economy, How Australia can lead on climate in the final week at Paris. Australia has a final chance to shake its reputation as a global climate laggard and position our economy for a boom in growth with Foreign Minister Julie Bishop taking the reins for the final week of climate negotiations in Paris. The agreements set this week will give smart nations an opportunity to test cutting edge ideas, and could potentially enable Australia to start attracting more of the world’s leading companies and brightest thinkers to our shores. Unfortunately, the first week of negotiations suggests that Australia is on track to miss this unique opportunity to seize the lead and position Australian business to capture a share of the trillions now being invested in the shift to a low carbon economy. Given there is virtually no chance of Australia meaningfully changing it’s 26-28% reduction target at this late stage, the Future Business Council has compiled three simple yet significant actions Australia could announce instead. These actions would boost our credibility, play to our economy’s natural advantages and prepare our business community for future growth. Read More here
7 December 2015, Huffington Post, Will Climate Change Break the Global Food System? Extreme weather events scuttling harvests. Skyrocketing food prices causing famine for millions and driving multitudes into poverty. Governments toppling – again – in Pakistan and Ukraine. Massive floods driving millions of refugees from their homes in Bangladesh and putting pressure on neighboring India. Droughts devastating harvests in traditional bread baskets like the U.S. and Brazil. The E.U., in a panicked move, suspending its environmental rules for agriculture and instituting a tax on meat. The world’s top greenhouse gas emitters ultimately banding together to raise a global carbon tax.The events described above are not the real world, but they could be. They were part of what transpired at Food Chain Reaction a few weeks ago, a high-level crisis simulation in Washington, DC that brought together 65 international leaders to explore how climate change may strain the world’s food system from 2020 to 2030. What the simulation taught us, is that policymakers attending this week’s U.N. climate summit in Paris cannot afford to neglect food security. The world’s population is on a path to 9.5 billion by mid-century. That means we will have to grow up to 70 percent more food. To make matters more complicated, we’ll have to do so in a changing climate that alters the very way we grow our crops. We must figure out how we can make that happen within the limits of the Earth’s natural resources. We’ve talked long enough. It is time to decide on a course of action that will actually improve the situation. Read more here
7 December 2015, Washington Post, Economists: Climate change is going to cost a lot more than previously thought. When it comes to climate change, there’s broad consensus among economists that the potential economic impacts will be serious, widespread and more severe than previous estimates have indicated. At least, this is the conclusion of a new survey, published Monday by the New York University School of Law’s Institute for Policy Integrity — and experts say we should be listening to their warnings. The report, which was authored by the Institute’s Derek Sylvan and Peter Howard, compiled answers from more than 300 experts on the economics of climate change in response to a set of 15 questions regarding climate change risks, policies and potential damages. “We figured if you want to understand how climate change will affect our daily lives, it makes sense to ask the economists who study issues like food production, climate adaptation, energy economics,” said Sylvan, strategy director at the Institute for Policy Integrity. “And so essentially our survey helps clarify the wisdom of the crowd among this group of experts.” Sylvan and Howard compiled their pool of experts by creating a list of all the people who had published a climate change-related article in a leading economics or environmental economics journal since 1994. The survey questioned the economists on how serious a problem they felt climate change will be in the future, what economic sectors are likely to be negatively affected, how soon they expect the effects to begin manifesting and how seriously these impacts will affect global output. Read more here