Friday, September 10, 2010
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Global race underway for low-carbon jobs

Global research shows the international race is underway to benefit from the up to 20 million job opportunities in the emerging low-carbon economy, said John Connor, CEO of The Climate Institute, from the UN Climate Summit in Copenhagen.

Read more: Global race underway for low-carbon jobs

 

How feasible is changing track?

The world risks tripling current rates of warming or having to go beyond known rates of technology improvement if leaders agree to inadequate benchmarks and decisions at Copenhagen, leading international scientific research commissioned by The Climate Institute released today shows.

The Climate Institute has also rated current Australian efforts as 3 out of a possible 5 stars in its Copenhagen Checklist, which outlines five key tests for a successful outcome at the UN Climate Summit starting on Monday.

The world needs to peak emissions before 2020 to avoid dangerous climate change, but current pledges on the table would put this out of reach.
 
“Current pledges from industrialised and developing countries see peaking, at best, in the late 2020s, that would trigger 3°C and more of global warming with severe consequences such as destruction of the world’s coral reefs,” said John Connor, CEO of The Climate Institute.

“This analysis shows that locking in inadequate 2020 targets and trying to correct a failure of ambition after 2020 would require emission reductions rates two to three times that currently proposed for world’s most ambitious targets.”

“Emission reductions would need to be extreme to have any hope of avoiding dangerous climate change and the rate of change would likely cause severe economic disruption."

“Inadequate climate action in the short-term also risks tripling current rates of global warming which are already affecting Australia through more intense droughts, bushfires and heat waves.”

The report - How feasible is changing track? - by global scientific experts from Climate Analytics in Germany and the USA tests whether emissions can be reduced fast enough post-2020 to avoid dangerous levels of climate change. The key finding are:
  • Locking in current targets to 2020 would effectively rule out meeting the goals identified by the world’s most vulnerable people as the threshold above which their survival is threatened – a 1.5°C increase in global temperature above preindustrial levels.
  • Locking in current targets to 2020 and then playing catch up to meet a 2°C target requires a global emission reduction rate to -6 percent of 1990 emissions per year post 2020. This is triple the rate of reduction required if the world set more adequate 2020 targets and equates to reducing emissions by the same amount as Japan’s and India’s combined 1990 emissions every year.
  • The rapid rise in emissions until 2020 and the necessary rapid emission reduction after the 2020s result in a rate of temperature increase by the 2040s that is double to triple what is currently observed, which is about 0.15°C per decade.
  • The authors conclude: “Since the currently observed rate of temperature increase already poses problems of adaptation for human society and ecosystems, a doubling or tripling of this rate will likely pose a serious threat to these systems”.

“Most countries have been improving their ambition and commitments in recent weeks and months but we are still well short of sufficient commitments. Prime Minister Rudd and other leaders will need to lift the ambition in coming weeks.”

Read the report

   

Parliament stumbles as world moves on climate change

The Australian Parliament has stumbled on action to address climate change and create clean energy investment, jobs and industries as our economic competitors position themselves to cash in on the emerging global low-carbon economy, The Climate Institute said today after defeat of the amended CPRS in the Senate.   

 “The defeat of the CPRS is a not only a stumble for Australia doing its bit on climate change, it is an economic stumble, and a competitiveness stumble for Australia,” John Connor, Climate Institute CEO said.

 “The low-carbon train is leaving the station around the world and Australia is haemorrhaging investments in clean energy industries and technology to competitors in developed and developing countries.

 “It’s difficult to see what option there is to avoid another 12 months or more of political squabbling and scaremongering than to let the people decide action through a double dissolution election.”

 In recent weeks, we have seen countries as diverse as Norway, South Korea, Brazil and Japan increase their level of ambition at global talks and through strong domestic policies and China and the US starting to battle over who will be the dominant power in the clean energy economy.

 “It’s a sad irony that while the US and China are investing billions in renewable energy and battling over who will lead the clean energy economy, Australian politicians are squabbling in the “domestic playground” of party politics.

 “More delay, denial and dragging out debate on the CPRS for a year or more creates uncertainty for business that would see them haemorrhaging money, jobs and investments.

 The amended CPRS provided good architecture but needs to be backed by urgent domestic action in areas like energy efficiency and clean energy deployment.

Meanwhile, The Climate Institute acknowledged comments from the new Liberal Party leader Tony Abbot to support the target emissions reduction of 5% to 25% off 2000 levels by 2020 but said the party had to put forward a credible alternative mechanism.

“Mr Abbot’s recognition of the science of climate change and his support for the Government’s target range is welcome but without a detailed plan of how to achieve these outcomes it lacks credibility,” Mr Connor said.

“If the politicians can’t negotiate effective climate policy then it may need to be the public, who overwhelmingly want action on climate change, to decide whether Australia moves forwards or backwards.”

 

   

Obama's Copenhagen visit boost for global deal

The announcement overnight that President Obama has increased the US’s ambition on targets and that he will travel to the UN Climate talks in Copenhagen raises the prospects for an important ‘foundational’ international agreement to be achieved, The Climate Institute said today.

Read more: Obama's Copenhagen visit boost for global deal

   

Now to make the CPRS a springboard not a gangplank

The independent Climate Institute today expressed its opposition to extra assistance for big polluters but said it was time for climate action and time to support immediate passage of the Government and Liberal agreement on the Carbon Pollution Reduction Scheme.

Read more: Now to make the CPRS a springboard not a gangplank

   

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