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Thread: Climate Change - We’re Fucked

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    China’s peaking emissions and the future of global climate policy



    China committed in the 2015 Paris Agreement—an international treaty which nearly 200 other countries also signed—to reach peak carbon emissions around 2030, and meanwhile to increase the non-fossil share of its primary energy to 20 percent. The Chinese government has supported the Paris Agreement and rigorously adhered to its Nationally Determined Contribution (NDC) by setting and strengthening the domestic policy targets for an earlier peak and faster reduction. Within weeks of the Paris Agreement taking effect in 2016, the Chinese government issued its National Strategy on Energy Production and Consumption Revolution (2016-2030), specifying its targets for energy consumption and non-fossil energy in 2030.


    Encouragingly, China’s energy and environmental policies have already delivered many results. For instance, coal consumption has been capped to mitigate greenhouse gas emissions and to control air pollution. In tandem with slower but higher quality economic growth and an accelerated transition to clean energy, these policies led to a peak in coal consumption in 2013, at least seven years earlier than expected. Meanwhile, the energy intensity of the economy has decreased by more than 45 percent since 2005, meeting China’s Copenhagen target three years earlier than promised. China is also on track to meet its target for increasing the non-fossil fuel share of primary energy consumption. The credibility of the targets China continues to set is supported not only by this track record, but largely guaranteed by the system of policy implementation. When policy targets are set as “restrictive” by the central government, they are taken as binding at all levels of local governments and are consequently implemented by relevant administrative units and enterprises.


    Studies modeling China’s energy-related carbon emissions have tended to estimate the year of peak emissions as falling between 2020 and 2030. In a new Brookings paper co-authored with Nicholas Stern, Jiankun He, Jiaqi Lu, David King, Tianle Liu, and Tong Wu—”China’s Peaking Emissions and the Future of Global Climate Policy“—we develop a new approach based on credible national policy targets for assessing the peaking time and pace of reduction of China’s carbon emissions. Our results show that China’s emissions entered a decade-long plateau in 2014, with minor fluctuations for the coming years, and could eventually enter a phase of steady decline as early as 2025. In other words, and in line with its track record of achievement in climate policy, China’s emissions are likely to have already effectively peaked.
    China’s emissions are likely to have already effectively peaked.
    Considering the fact that some of the major developed economies may be falling behind in meeting their NDC pledges, China has become the clear leader in delivering on the Paris Agreement. That China, still an emerging economy with per-capita income significantly lower than the long-affluent Western economies, is undertaking and delivering on such ambitious climate goals demonstrates that development and environment do not form a zero-sum equation. Cutting carbon emissions and other forms of environmental impact need not trade off with social well-being and prosperity—increasingly, they are both compatible and necessary. The progress and prospects of China’s climate change mitigation could serve not only as a credible example to other developing countries struggling to balance the economy and the environment, but also to affluent countries that are wavering in their commitment to one of the most pressing challenges facing the world today.

    https://www.brookings.edu/blog/plane...limate-policy/

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    I may have put my money on the wrong group of climate changers


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    GM announced Monday that it will cut as many as 14,000 workers in North America and put five plants up for possible closure.

    The cuts include about 8,000 white-collar employees, or 15 percent of GM’s North American white-collar workforce. Some will take buyouts while others will be laid off.

    The restructuring is part of a shift by GM as it abandons many of its car models and focuses more on autonomous and electric vehicles.

    It’s the new reality for automakers that are faced with the present cost of designing gas-powered cars and trucks that appeal to buyers now while at the same time preparing for a future world of electric and autonomous vehicles.

    Barra said as cars and trucks become more complex, GM will need more computer coders but fewer engineers who work on internal combustion engines.

    Climate change deniers were unable to convince the leadership at another automobile manufacturer that scrapping plans for electric vehicles would be the financially responsible thing to do.

    GM stock rose as much as 7.9% on the news.

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    Some people are alive simply because it's illegal to kill them.

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    Thomas Bernes of the Canada-based Centre for International Governance Innovation, who has held leading roles with the International Monetary Fund, the World Bank and the Canadian government, said the G-20 had "veered all over the road" at the summit and failed to truly fix trade. The U.S. was out of step on migration and climate change and blocked meaningful agreement on those issues, he added.


    "Instead, leaders buried their differences in obscure language and dropped language to fight protectionism, which had been included in every G-20 communique since the leaders' first summit," he said. "This is clearly a retrograde step forced by United States intransigence."


    "The question is whether we are burying the G-20 in the process," Bernes added. "Certainly this is a big hit to the credibility of the G-20 to provide resolute leadership in addressing global problems."


    "Everyone agrees that the WTO should be reformed," German Chancellor Angela Merkel said. "This is an important agreement."


    "We will send a clear signal -- in any case, most of us" -- for the success of global climate talks starting in Poland on Sunday, Merkel added.



    https://www.ctvnews.ca/world/g20-agr...mate-1.4200654

     
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      MumblesBadly: Disrupting the G20 agenda fits perfectly with Putin’s agenda. (“Thank you, Comrade Trump”)

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    Quote Originally Posted by limitles View Post
    I may have put my money on the wrong group of climate changers

    bump

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    A pandemic has to be good for something and I'm guessing the world may be the benefactor.

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