EW BACKGROUND BRIEFING
The current targets of reducing carbon dioxide emissions by 20% from 1990 levels by 2020 that are the EU’s commitment to the UN are seen by many greens as insufficient. They argue that the minimum needed to prevent global temperatures rising by the key climate danger threshold of 2°C demand more aggressive cuts, amounting to 30% over the coming decade. The economic recession has already had a marked effect on the climate change debate in the EU. On the plus side, CO2 emissions have fallen further than expected because of consumer cut-backs and reduced travel. On the minus side, there is a growing reluctance to earmark spending on new technologies that might help prevent climate change. Some areas have resisted steeper emissions cuts because of concerns about the impact on their competitiveness. An alliance of European manufacturing companies sent an open letter to EU bodies in Brussels setting out their approval to opposing 30% cuts until other major economies around the world have also made similar commitments. But an EU report found in May that reduced emissions have already made now much cheaper for the EU to deliver a 30% reduction than previously thought – €81bn annually, which is not significantly more than the €70bn a year set aside in 2008 to reduce emissions by 20%. Connie Hedegaard, the EU’s climate change commissioner, said that if we maintain spending at €70bn a year, CO2 emissions will have fallen about 25% by 2020. The Commission's report underlined other advantages of moving to 30%. These include saving $40bn in oil and gas imports, reducing the cost of cleaning air pollution by €3bn, bringing in several billion dollars' worth of health benefits and creating new jobs in the green economy.
Re:'Yes' to Cancún but 'No' to handicapping the world's poor Is Europe's energy security policy a reality?What do you think?
Is Europe's energy security policy a reality?What do you think?
Re:'Yes' to Cancún but 'No' to handicapping the world's poor It all makes sense in theory - but I wonder what the unforeseen and unintended consequences might be?
It all makes sense in theory - but I wonder what the unforeseen and unintended consequences might be?
Re:'Yes' to Cancún but 'No' to handicapping the world's poor Setting up a fundamentalist straw man and then setting light to it may be fun, but it does not further the debate. Fundamentalists may possibly advocate universal economic downturn, but that is not particularly interesting. For those abjectly poor hundreds of millions all over the world, there is clearly a need for greater prosperity and well-being. This need not be - and indeed should not be - ecomomic growth as measured by GDP, however, since that only measures the rate of turnover of money, counts traffic accidents as a plus, and externalises the true cost of environmentally and socially destructive business practices. What is happening, though, and what the leaders of industrialised countries are so strongly promoting, is further growth to the already bloated economies of their own industrialised countries. The "hundreds of millions" will have to make do - as in the past - with the hypothetical "trickle down" effect that has so signally failed so far. For humanity to survive with any dignity the coming energy descent, what is needed is true development in the poorest countries, degrowth of the richest nations, and dismemberment of the heartless and souless multinationals that live only to plunder the Earth to make more money.
Setting up a fundamentalist straw man and then setting light to it may be fun, but it does not further the debate. Fundamentalists may possibly advocate universal economic downturn, but that is not particularly interesting. For those abjectly poor hundreds of millions all over the world, there is clearly a need for greater prosperity and well-being. This need not be - and indeed should not be - ecomomic growth as measured by GDP, however, since that only measures the rate of turnover of money, counts traffic accidents as a plus, and externalises the true cost of environmentally and socially destructive business practices. What is happening, though, and what the leaders of industrialised countries are so strongly promoting, is further growth to the already bloated economies of their own industrialised countries. The "hundreds of millions" will have to make do - as in the past - with the hypothetical "trickle down" effect that has so signally failed so far. For humanity to survive with any dignity the coming energy descent, what is needed is true development in the poorest countries, degrowth of the richest nations, and dismemberment of the heartless and souless multinationals that live only to plunder the Earth to make more money.
Re:'Yes' to Cancún but 'No' to handicapping the world's poor I believe my clients deserve the best. I keep their priorities first when choosing a home that is right for them.
I believe my clients deserve the best. I keep their priorities first when choosing a home that is right for them.
Re:'Yes' to Cancún but 'No' to handicapping the world's poor Let me see it in action and not just in paper. We're all optimistic though.
Let me see it in action and not just in paper. We're all optimistic though.
Re:'Yes' to Cancún but 'No' to handicapping the world's poor ^ ^ I like the way you write
^ ^ I like the way you write
Re:'Yes' to Cancún but 'No' to handicapping the world's poor For those who had long campaigned for specific commitments to limit global warming, last December's Copenhagen conference was a huge disappointment.
For those who had long campaigned for specific commitments to limit global warming, last December's Copenhagen conference was a huge disappointment.
Re:'Yes' to Cancún but 'No' to handicapping the world's poor This is a very interesting perspective on things - thanks for putting it together.
This is a very interesting perspective on things - thanks for putting it together.
Re:'Yes' to Cancún but 'No' to handicapping the world's poor Just be positive.
Just be positive.
Re:'Yes' to Cancún but 'No' to handicapping the world's poor Yes we should remain optimistic about this. Let's pray for what is right.
Yes we should remain optimistic about this. Let's pray for what is right.
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