16 October 2015, BBC News, Paris climate summit: Major oil producers back ‘effective’ deal. The leaders of 10 of the world’s biggest oil companies have offered their qualified support for a new global treaty on climate change. The producers of 20% of the world’s oil and gas say they share the ambition to limit warming to 2C. They promise to work to reduce the greenhouse gas intensity of the global energy mix. But green groups were dismissive, saying that “arsonists don’t make good firefighters”. The Oil and Gas Climate Initiative represents major producers including BP, Shell, Saudi Aramco and Total among others….However the group of 10 does not include major US oil companies such as Exxon and Chevron. Environmental campaigners were quick to pour scorn on the oil and gas producers’ initiative, saying it would do little to aid the decarbonisation of the global economy. “The oil companies behind this announcement have spent years lobbying to undermine effective climate action, each and every one of them has a business plan that would lead to dangerous global temperature rises, yet suddenly they expect us all to see them as the solution, not the problem,” said Charlie Kronick from Greenpeace. “The world should thank them for their offer of advice but politely turn it down. Arsonists don’t make good firefighters.” Read More here
Category Archives: Global Action Inaction
15 October 2015, Carbon Pulse, Australia reapproves gigantic Adani coal mine, Indian CO2 emissions to soar. Environment Minister Greg Hunt on Thursday reapproved the construction of Adani’s Carmichael coal mine in Queensland, Australia’s biggest ever which will see around 60 million tonnes of coal exported to India annually. Hunt first approved the mine last year, but a court annulled the approval earlier this year as the government had failed to take into account the mine’s impact on two threatened species. There has also been strong public opposition against the project amid suspicions it would damage the Great Barrier Reef. The minister said on Thursday the mine had now been “approved in accordance with national environment law subject to 36 of the strictest conditions in Australian history”. Coal from the mine will cause annual CO2 emissions of around 128 million tonnes – roughly similar to the combined GHG emissions of Norway and Sweden – although those emissions will take place in India, where the coal will be exported to. Indian owner Adani has estimated coal from the mine will create 3 billion tonnes of CO2 emissions over its 60-year lifespan. “With regard to the impacts of the emissions caused by the use of the coal from the mine, recipient nations will need to meet their obligations under the United Nations Convention on Climate Change,” Australia’s Environment Ministry said. Read More here
12 October 2015, Climate Institute, Draft Paris agreement shows many countries still pushing for <1.5°C. Earlier last week the co-chairs of the process to the Paris climate summit released the draft agreement and draft decisions for the outcomes of the meeting. Below is a diagram that outlines, in simple terms, what these would mean for countries’ pollution reduction commitments. Note that this does not include other critical elements of the Paris outcome such as how to build resilience to growing climate change impacts and how to support the world’s poorest nations participate in climate change solutions (‘climate finance’). While critical details remain to be resolved, the draft texts highlight that the contours of the Paris agreement are becoming increasingly clear. The inevitable trend to stronger action is embedded in the draft agreement with countries needing to progressively strengthen action through time. Before getting into the details of this figure, and what it means for Australia’s target, a few overall elements of the draft agreement are worth highlighting: Read More here
12 October 2015, Climate News Network, Climate cash flow to poorer nations is still too slow. Rich countries are failing to fulfil pledges to make billions of dollars available to help the developing world tackle climate change. World leaders are not delivering fully on agreements made at successive climate negotiations to channel US$100 billion annually from rich countries to poor in order to tackle and adapt to climate change. An analysis of cash flows by the Organisation for Economic Co-operation and Development(OECD) − which links the world’s wealthier countries − finds the target due to be reached by 2020 is still far from being met. The OECD says that, at present, the rich countries are channelling on average about $57bn each year to help poorer nations limit carbon emissions and deal with extreme weather events and rising sea levels. Complex business It has spent several months trying to gauge climate-related cash flows from rich to poor countries − a complex business involving analysis of foreign aid budgets, loans from public and private bodies, and other sources of cash. “Our estimates paint an encouraging picture of progress,” says Angel Gurria, the OECD secretary-general. “We are about halfway in terms of time and more than halfway there in terms of finance, but clearly there is still some way to go.” However, whether or not the wealthier countries are making sufficient commitments will be a key item on the agenda at the major negotiations on climate change being held in Paris in late November and early December this year. Read More here