8 December 2016, The Guardian, Finkel review criticises climate policy chaos and points to need for emissions trading. Exclusive: Report warns investment in electricity has stalled, and existing policies won’t allow Australia to meet its Paris target. Australia’s chief scientist, Alan Finkel, has said investment in the electricity sector has stalled because of “policy instability and uncertainty” – and he’s warned that current federal climate policy settings will not allow Australia to meet its emissions reduction targets under the Paris agreement. In a 58-page report that has been circulated before Friday’s Council of Australian Governments meeting between the prime minister and the premiers, Finkel has also given implicit endorsement to an emissions intensity trading scheme for the electricity industry to help manage the transition to lower-emissions energy sources. While there is no concrete recommendation to that effect, the report, obtained by Guardian Australia, references the evidence from energy regulators that such a scheme would integrate best “with the electricity market’s pricing and risk management framework” and “had the lowest economic costs and the lowest impact on electricity prices”. Finkel also notes advice from the Climate Change Authority which says market mechanisms have the lowest average cost of abatement, and of the options modelled, an emissions intensity scheme “had the lowest impact on average residential electricity prices”. Read more here
Category Archives: Global Action Inaction
7 December 2016, Climate Home, UN to extend freeze on climate change geoengineering. Draft documents suggest countries will agree to further ban on large-scale climate techno-fixes, warning risks of damage to biodiversity outweigh potential benefits. Countries should resist the urge to experiment with large scale planetary geoengineering until it’s clear what the consequences of meddling with the oceans or atmosphere may be. That’s the nub of a decision expected to be taken at the UN’s biannual biodiversity summit taking place in Cancun, Mexico this week, emphasising a “precautionary approach” to such projects. With greenhouse gas emissions closing in on levels that could guarantee warming of 1.5C above pre industrial levels and an El Nino-boosted 2016 likely to be the hottest year on record, some scientists are looking to emergency measures. But the UN is sticking to a familiar line: pumping the atmosphere with tiny mirrors to deflect sunlight, boosting the uptake of CO2 in oceans by stimulating plankton growth, or burning wood and pumping the emissions underground could be a bad idea. “We’re concerned that with any initiative regarding the use of geoengineering there needs to be an assessment,” UN biodiversity chief Braulio Ferreira de Souza Dias told Climate Home. “These can have unforeseen results and spin-offs. If you capture carbon in the oceans, this is effective through all the food chains.” Even national risk assessments on individual geoengineering projects would still form an “incomplete basis for global regulation” says the latest iteration of the UN draft decision, echoing previous Convention on Biological Diversity (CBD) decisions in 2010, 2012 and 2014. “More trans-disciplinary research and sharing of knowledge among appropriate institutions is needed,” it says, citing potential impacts on ecosystems and potential ethical issues. Read More here
7 December 2016, Climate Home, There’s a secret UN climate summit taking place in Mexico. UN biodiversity chief tells Climate Home protecting and restoring ecosystems is the best way to protect the world from dangerous levels of global warming. There’s a UN climate change meeting involving nearly 200 governments taking place right now in the Mexican holiday resort of Cancun. It’s not making many headlines, but then the biannual UN Convention on Biological Diversity (CBD) conference rarely does. Especially not in a year like 2016. And that’s a pity, because at stake is the air you breathe, the trees that surround you and the fate of the earth’s 8.7 million species of flora and fauna. Also at stake is the ability of communities across the world to cope with erratic weather patterns linked to climate change like flash flooding, acidifying oceans, drought and storms. “Everything is inter-linked,” says Braulio Ferreira de Souza Dias, a former Brazilian government official who has been executive secretary of the CBD since 2012. “If countries want to meet the Paris climate agreement and the sustainable development goals in 2030 they also need to make progress in biodiversity.” That means slowing and then reversing deforestation so there are more trees to suck up carbon emissions from fossil fuels, and managing wetlands that can act as a buffer against storm surges. It means working out how countries can better manage livestock and look after fish stocks so species can be supported if their habitats are damaged or waters become too acidic. “Unless we can do a better job we won’t make it,” says Dias, who argues that countries and businesses are – eventually – starting to understand why biodiversity matters. The Brazilian leaves his role after this meeting, but he wants governments to understand that building walls as protection – no Trump pun intended – is not going to crack it. Read More here
18 November 2016, ECO, UNFCCC – Fossil of the Day – The first Fossil of the Day award goes to…take a deep breath…Turkey, Russia, Australia, New Zealand, France, Japan and Indonesia for duplicity at the UN climate negotiations. While representatives from climate vulnerable countries, cities, businesses, and civil society organisations are fighting to keep dirty fossil fuels in the ground, as well as preventing the expansion of polluting airports (hat-tip to France), these countries still aim to increase their domestic fossil fuel extraction. By doing so, they are quite literally drilling under everyone’s efforts to keep global warming below the critical threshold of 1.5°C. These countries helped forge the Paris Agreement which is now in force, committing them to halt climate change, so they really need to get the left hand and the right hand talking to each other. Put your money where your mouth is, please! Read More here