7 December 2015, Renew Economy, Paris, COP21: Australia ignoring energy transition as emissions soar. Australia is being put on the spot at the Paris climate talks about its treatment of surplus credits from the Kyoto Protocol, and the fact that it will more than likely meet its short- and mid-term targets without actually reducing its industrial emissions. Indeed, it seems that the Turnbull government – like those before it since the Kyoto Treaty was first signed in 1997 – is insisting that its focus remain on accounting and ticking boxes, rather than reducing industrial and energy emissions and preparing the country to decarbonise its economy. That rise in industrial emissions is one reason why Australia will not be following the example of five European countries and cancelling their Kyoto surplus. On Friday, Germany, Denmark, the Netherlands, Sweden and Britain announced that they will cancel 634.6 million excess Kyoto credits that they could have counted towards their Kyoto targets for 202. They decided to do this as part of a bid to remove what has been described as a giant “hot air” loophole that has favoured some countries. “By cancelling surplus units we hope to send a strong positive signal of support for an ambitious global climate agreement here in Paris,” the European nations said in a joint statement. But don’t expect Australia to follow suit. Australia is still intent on using its surplus of 128 million units to meet its modest 2020 targets, which it will do despite it becoming increasingly clear that its industrial emissions, and its power sector emissions in particular, will continue to rise. That doesn’t appear to faze the Turnbull government. When RenewEconomy asked environment minister Greg Hunt on Friday if the government was worried that its approach would not position Australia to decarbonise its economy and compete with other countries committed to doing so, Hunt simply said that the critical thing for Australia was to meet its targets. Its Direct Action program is buying emissions abatement through its emissions reduction fund, and $2.55 billion of taxpayer money – but as quickly as it is doing this, emissions are rising in the electricity sector and elsewhere. A new report from Pitt & Sherry says electricity emissions alone are rising 10 per cent, and estimates by Reputex put the increase in industrial emissions at 6 per cent by 2020. Read More here
Tag Archives: Emissions
5 December 2015, Climate News Network, Saudis still hooked on oil habit. COP21: Despite making pledges to cut back on its large-scale fossil fuel emissions, Saudi Arabia’s oil production is continuing to run at record levels. PARIS, 5 December, 2015 − Saudi Arabia, the world’s biggest oil exporter and one of the world’s top per capita emitters of greenhouse gases, has traditionally voiced little concern about climate. So there was some surprise when, in advance of the current UN climate change summit in Paris, the country announced that it was aiming to cut back on its C02emissions. The problem is that the pledge comes with some important caveats that seem to render the whole exercise meaningless. More than 180 countries have so far submitted pledges – referred to in UN jargon as Intended Nationally Determined Contributions (INDCs) − to the summit to cut back on emissions of greenhouse gases. Export revenues Under the Saudi plan, there will be an annual cutback of up to 130 million tonnes of emissions by 2030. But they say that such cutbacks will only be made as long as there is “a robust contribution from oil export revenues to the national economy”. They also warn that should any agreement made at the Paris talks create what is termed an “abnormal burden” on the country’s economy, then the climate-related commitments would be weakened. Read More here
5 December 2015, The Spectator, An age of climate realism is upon us. At last, cooler heads are prevailing….The Paris meeting is not even attempting to achieve what the 2009 Copenhagen summit failed to do: reach a legally binding treaty on cutting CO2 emissions. Instead, the aim is to replace the legally binding targets of the Kyoto Protocol (which runs out in 2020) with voluntary pledges tailored to the national considerations of individual countries. In short, the Paris climate deal will mean abandoning the notion of making decarbonisation legally binding — at least for the time being. Even so, governments from around the world are keen to sign an agreement that will allow political leaders to declare a victory, and to move on. At the same time, officials readily accept that painful decisions will be kicked into the long grass. Thus, the Paris accord is likely to be a ‘wait and see’ arrangement which, for the next decade at least, suspends any attempt of reaching a binding decarbonisation treaty. Such an outcome will almost certainly trigger a fundamental reassessment of Europe’s go-it-alone-no-matter-what-the-costs decarbonisation policies. Why has it proven impossible for such summits to make the kind of progress that was, until recently, billed as a matter of saving the world? Firstly, policies that commit western governments to unilateral decarbonisation have turned out to be more costly and politically toxic than conventional wisdom proclaimed. Rather than running out of fossil fuels — and thereby making renewable energy more competitive — the US shale revolution and the prospect of its global proliferation has triggered a glut of cheap oil and gas. Fuel prices have fallen and look set to remain low for the foreseeable future. As a result, the bridge to a world powered by renewable energy has become longer rather than shorter. Read More here Note that “the pause” noted in the article is a red herring – read more here
3 December 2015, Climate News Network, Coal plant plans raise climate risk. COP21: As some of the world’s political leaders strive to save the planet from overheating, others still see increased coal burning as the answer to their future energy needs. More than 2,400 coal power plants already under construction or planned will have to be cancelled if the planet is not to overheat by more than 2˚C, according to an analysis released at the COP21 climate summit in Paris. Even if existing plants are allowed to continue producing electricity beyond 2030 until the end of their technical lifetimes, the world will reach temperatures that risk runaway climate change, says the report by Climate Action Tracker (CAT). The report assessed the impact of planned new coal plants globally, and found that the several of the 28 European Union members states (EU28) planned to replace existing coal stations with new ones. The EU 28 and eight large countries assessed − China, India, Indonesia, Japan, South Africa, South Korea, the Philippines and Turkey – that each plan to build new plants will together add nearly half the world’s total – 2,011 power stations. Plans undermined The report makes clear that the efforts of the 195 countries meeting in Paris to reduce carbon dioxide emissions will be undermined unless plans to replace old coal plants with new ones are scrapped. Read More here