COP28 – what will be the main battles?
As around 70,000 people descend on Dubai for COP 28, the warning signs of the climate crisis are clear. So far this year has been the hottest ever, and the future looks bleak.
The world is on track to heat up by a hellish 2.5C to 2.9 Celsius by the end of the century, well past the international Paris Agreement limit of 1.5C to 2C above pre-industrial levels, said the recent UN emissions gap report.
Another major new report published earlier in November assessed found that global governments plan to produce around 110% more fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C, and 69% more than would be consistent with 2°C.
And only one nation is on track for its emissions targets, and that is – surprisingly – China, according to 2022 data from the International Energy Agency and Energy Transitions Commission.
Daily climate news is indeed dire, and political leaders are right now distracted by inflation and wars in Gaza and Ukraine.
The optics of the absence from COP28 of President Joe Biden of the US and President Xi Jinping of China are appalling given the existential nature of the climate crisis. COP28, from November 30 to December 12, is the largest and most important climate meeting globally.
Nor does it help that Sultan al-Jaber, who runs the Abu Dhabi National Oil Co. (ADNOC), is president of the COP28. Critics say this is a major conflict of interest given that according to the UN fossil fuels contribute 75% of climate emissions and nearly 90% of all CO2 emissions.
The host country, the UAE, is the third-largest oil-producing member of the Organisation of the Petroleum Exporting Countries (OPEC).
“This is a very sobering, even sombre moment as world leaders gather,” Rachel Cleetus, policy director of the climate programme at the Union of Concerned Scientists, told Bloomberg. “That said, there's a real opportunity in the climate space to secure some wins.”
What will be the main fights and debates at COP28?
Money is always the key issue – what should developed nations pay to the developing world, especially because the South’s people will be harder hit by the consequences, such as floods and droughts, of the climate crisis? There have been promises in the past but to be frank, they have not been kept or deadlines have been met years late.
Financing is needed to help slash emissions and also to adjust to the consequences of the climate crisis.
“Carbon colonialism” is a phrase that has recently crept into the lexicon. Mega-deals will increasingly be made whereby country-to-country offset trading takes off. In the developing world, the deals may be seen as another form of colonialism.
At stake also will be the phasing out fossil fuels – or what main producers would like to be unabated fossil fuels, that is continuing fossil fuel production with technologies such as carbon capture and storage (CCS). Major polluters such as China and the US are leading producers of fossil fuels, and do not want to stop that flow of income.
Talks in Germany earlier in 2023 had become gridlocked over the issue of finance and support, with some poorer nations refusing to talk about cutting emissions significantly without an equal focus on how the North would provide financing to them.
After the Bonn Climate Change Conference in June, David Waskow, international climate director at World Resources Institute, told CNBC: “Progress was underwhelming on nearly every front, with one main culprit: money.”
Money will be a “huge fight” between high-income and low-income nations at COP28, Sarah Shaw, climate justice & energy coordinator at Friends of the Earth International, told the broadcaster. “Developing countries are fighting for the climate finance that is not only their due, but which is required to ensure a just transition to a new renewable energy system for all.”
Tough talks will focus on phasing out coal, oil and gas. António Guterres, the UN’s secretary-general, said recently that the path to meeting the Paris Agreement’s 1.5°C main target is obvious. “It requires tearing out the poisoned root of the climate crisis: fossil fuels,” he said.
At COP26 in Glasgow, countries had agreed to “phase down” coal, but not oil and gas. COP27 in Egypt saw more than 80 countries backing an Indian proposal to "phase down" fossil fuel use, but the proposal was not adopted.
G7 countries – such as China, Japan and the US – have since agreed to phase out unabated fossil fuels – whereby emissions are not captured – by 2050 at the latest.
The UAE’s al-Jaber has called for an outcome that “accelerates the inevitable and responsible phase down of all fossil fuels”, using language that is weaker than “phase out”.
Major oil and gas producers are unlikely to lead the charge.
Jeff Merkley, a Democratic senator from Oregon, has told the Guardian that US negotiators will be “unable to lead the phase-out of fossil fuels” at COP28. “Not only do we produce more oil and gas than any other country, but Team Biden is greenlighting one fossil project after another,” he said. “The US is devoid of any moral authority to phasing out fossil fuels.”
The exact language used in any final declaration will be fought over fiercely, and Russia – a major oil and gas producer – has said it will oppose any phase out of fossil fuels.
Nor is the South necessarily behind an agreement for no more fossil fuel projects. “A blanket ban on investment in new fossil fuel projects is NOT equitable or just, and cannot be the basis for a just transition,” a group of African countries, led by Zambia, has told the UN.
Be that as it may, there will be much focus in Dubai on technologies such as CCS and the direct air capture of CO2, both of which – critics note – are so far unproven at scale.
Any deal at COP28 requires unanimous backing and is not binding, but is important nonetheless.
"Decisions that come out of the COP send signals to investors... it informs national governments, local governments, companies," Germany's climate envoy, Jennifer Morgan, told Reuters.
The non-binding global targets of the 2015 Paris Agreement, struck at the COP meet that year, have influenced nations’ emissions cutting targets, she said.
Future legal challenges against national decisions to expand fossil fuels could be bolstered too by an agreement to phase out unabated fossil fuels.
"It provides a hook where ordinary people can say, hey, you agreed to this and now you had better actually do it," Natalie Jones, policy adviser at the International Institute for Sustainable Development think-tank, also told Reuters.
On the Climate Crisis dashboard 20 out of the 35 vital indicators of the environment’s health are flashing red. The great and good have assembled in UAE’s capital of Dubai for the COP28 conference to hash out a plan to avert the looming environmental disaster, but its probably too late.
The Climate Crisis is here and the chances of averting a disaster are dwindling rapidly – although they have not disappeared entirely. Report after report issued by multinational development banks, government’s and NGOs conclude that unless an enormous effort is made in the next few years and literally trillions of dollars are invested then the world will sail past the 1.5C maximum temperature increases mandated by the Paris Accords in 2015 that will have “serious” consequences.
The UN’s recent global stocktake report, the most comprehensive study of climate change that will also be used as the basis of the upcoming COP28 meeting, was specific that there are two years left to act. Trillions of dollars need to be invested in order to stave off disaster.
Likewise, another report from the International Energy Agency (IEA) said that earth’s energy imbalance (EEI), the excess amounts of energy the earth absorbs from the sun, has doubled between 2005 and 2015. The planet is literally starting to cook.
Another report concluded that the global community needs to make changes the equivalent of what was done in the Industrial Revolution, “but in the next ten years.” A UN report argued that the world’s fundamental economic model of endless growth and consumption has to see a root and branch remake to create a new “sustainable economic model”. As bne IntelliNews reported, our governments are failing us, as far too little is being done.
The decision to allow the UAE to host the event which is being run by Sultan al-Jaber who is also head of the Abu Dhabi National Oil Company has outraged climate activists as oil deals are already being reported on the sidelines of the gathering.
This year has seen an unbroken streak of record breaking tempertures above the long term average. In the Northern Hemisphere the temperatures have been 1.8°C above the 1979-2000 average for 140 consecutive days, with no sign of letting up.
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A recent study by Stamford using AI to model climate events found that the Earth is likely to cross critical climate thresholds even if emissions decline from here. The model found that the world will cross the 1.5C threashold within 10-15 years even if emissions start falling from here, and a 2C increase soon after that. Stanford professor Thomas Hansen said: “The magnitude of the currently observed warming is off the scale. Within a decade or so it will probably be 2 degrees.” Officially, the world is already 1.1C warmer on average than before the industrialisation took off.
Most of the reports are predicting that a temperature rise of 2C is now more likely, and after the rapid acceleration of temperature rises this summer that lead to unprecedented flooding and hurricanes that talk is already giving way to talk of a 3C rise above the long-term pre-industrial average by 2050. At those levels the Amazon forest dies. The polar ice caps melt. Oceans rise by tens of meters. And large swaths of the planet become uninhabitable.
Emissions at record highs
All the reports also point to the ongoing use of fossil fuels are the main culprit. Instead of falling, apart from a noticeable drop during the pandemic lockdowns, emissions have soared to new all-time highs, according to the IMF.
When world leaders huddled in Paris to strike their climate deal in 2015, levels of heat-trapping carbon dioxide in the atmosphere were near 402 parts per million - already enough to start causing problems. Today they’re approaching 420 parts per million, levels that scientists say the planet hasn’t seen since more than 4 million years ago, when seas were 25m higher.
"It appears the green recovery following COVID-19 that many had hoped for has largely failed to materialize. Instead, carbon emissions have continued soaring, and fossil fuels remain dominant, with annual coal consumption reaching a near all-time high of 161.5 exajoules in 2022," reports Oxford University.
Although the consumption of renewable energy (solar and wind) grew a robust 17% between 2021 and 2022, it remains roughly 15 times lower than fossil fuel energy consumption.
0722 GBL IMF emissions rise to new record bneGreen climate crisis CO2
"On the basis of year-to-date statistics for 2023, three important greenhouse gases—carbon dioxide, methane, and nitrous oxide—are all at record levels,” Oxford University said in a recent paper. “The global average carbon dioxide concentration is now approximately 420 parts per million, which is far above the proposed planetary boundary of 350 parts per million.”
And it is largely the Western world that is to blame. The impacts vary greatly by wealth; in 2019, the top 10% of emitters were responsible for 48% of global emissions, whereas the bottom 50% were responsible for just 12%, reports Oxford University.
Only 11 developed countries have reduced emissions and none of those are anywhere close to hitting their Paris accord obligations to prevent global temperatures rising more than 1.5C before reaching zero in 2050. At the current rate of reduction, it will take more than 200 years for the developed world to reach carbon-zero, according to a study published in the Lancet.
Oil production is still climbing and marking a record year in the United States. The industry is even poised to gain from the green crusade as government’s pour billions into new energy subsides, rather than ending them. One study found that emissions would be quickly cut by a third if the trillions of dollars spent on fossil fuel subsidies were ended tomorrow.
Oil company profits in the most recent quarter didn't reach the stratospheric heights that record-high gasoline prices delivered last year, yet they still beat pre-pandemic returns. Exxon reported earnings of $9.1bn, and its refineries churned out the highest volume of fuel for that period since 1999, Politico reported.
Continuing to dither is not an option, as the longer we wait to solve the problem, the bigger the problems become; negative feedback loops are starting to kick in, otherwise called tipping points. The melting of Russia's perafrost is an obvious example, as the warmer the soil gets, the more primordial methane it releases, accelerating the warming. The melting of the ice caps is another one that is already happening.
Oxford University says these feedback loops are not well understood and is calling on the Intergovernmental Panel on Climate Change (IPCC) to urgently investigate. But the danger of starting a runaway cascade of self-fuelling planetary heating effects is a real danger now.
Earth’s energy imbalance
Most of the attention has been on reducing the Green House Gases (GHGs) as they heat the planet, but there are other sources of global heating too. Ironically, thanks to the efforts to clean up pollution and take harmful gases out of the atmosphere, the planet is now retaining more sunlight than it used to and that is also adding to global warming.
The earth’s energy is out of balance and the world is starting to cook, says a new report. The authors include James Hansen, who testified to the US Congress on global heating as long ago as 1988.
More energy than ever before is coming into the planet (absorbed sunlight) than is going out (heat radiated to space), said the scientists. The earth’s energy imbalance (EEI) has escalated in the past decade, they said. The imbalance so far in the 2020s is almost double the rate during the study’s calibration period, from mid-2005 to mid-2015.
“Although fossil fuel-related greenhouse gas emissions are the main driver of rising temperatures, a global decline in sulfur dioxide emissions is likely a contributing factor,” Oxford University reports. “Sulfur dioxide forms sulfates in the atmosphere, which are the strongest anthropogenic cooling agent, hiding part of the greenhouse gas warming.”
As bne IntelliNews reported, ironically an effort to clean up ship exhaust fumes has backfired and accelerated the heating of the planet. Sulphur particles emitted from ship fuel have a notable role in cloud formation, and the reduction in pollution post-2020 has led to increased sea temperatures.
In a study published in 2021, the EEI was found to have doubled in the 14 years from 2005 to 2019. The study was by scientists at NASA and the US National Oceanic and Atmospheric Administration.
Earth's climate is determined by a delicate balance between how much of the sun's radiation energy is absorbed in the atmosphere, and at the surface, and how much thermal infrared radiation the earth emits to space, says NASA.
A positive energy imbalance – which is what we have – means the earth system is gaining energy, causing the planet to heat up.
This is in addition to global climate change – also known as global warming – which is caused by emissions of CO2 and other greenhouse gases (GHGs).
EEI is the result of a decline in the cooling effect of human-made aerosols -- reducing the sulphur in ship fuel mentioned above.
Ozone hole is back
There is a massive hole in the Ozone again, which is also allowing more of the sun's energy to reach the surface. Ozone absorbs ultraviolet rays, a high energy wavelength of light. A giant hole in the ozone layer has reappeared over the Arctic allowing cosmic rays to zap DNA, genetically modifying to extinction any higher organism living within thousands of square miles of the hole.
Hot summer
This year has been the hottest on record. Exceptional heat waves have swept across the world, causing chaos as they go and fuelling extreme weather events on an unprecedented scale. Hundreds of billions of dollars of damage has been done and tens of thousands of people have died.
Globally temperatures in June, July and August were 0.66 degrees Celsius above the average between 1991 and 2020, according to Europe’s Earth observation agency Copernicus.
In the Northern Hemisphere Surface Air Temperature Anomaly has been increasing and has already increased by more than 1.5C compared to the long term average. Then the Earth briefly passed the threshold of 2C hotter than the averaage for the first time on November 17.
The global average temperature has never before exceeded a rise of 2C since before industrialisation, according to Samantha Burgess, the deputy director of the EU’s Copernicus Climate Change Service.
And in June Iran has recorded one of the hottest days since records began of 52.2C -- on the edge of what humanity can survive. By August the heatwave forced Iranian authorities to declared August 2 and 3 as national bank holidays due to abnormally intense heat across the country.
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Things weren't any better in Europe where temperatures broke through the 40°C mark in mid-June, stoking fears of record-breaking summer heatwaves that could endanger lives and threaten food supplies while providing further proof of the devastating effects of man-made global warming.
In the French resort town of Biarritz, temperatures reached 42.9°C on 18 June, the hottest ever June day in the town since records began in the nineteenth century. This was also the earliest 40°C observed in France in recorded history, beating the previous record of 21 June in 2003.
1123 EURO heatwave map bneGreen Climate crisis Copernicus
Likewise, Brazil and the rest of South America has also seen a heatwave that has been drying up the Amazon river.
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Large parts of India risk becoming uninhabitable in future if current heat waves persist, threatening migration and climate crises that could send shock waves round the world and displace 1.3bn people.
Temperatures were in their 50Cs in April in India and Pakistan, with peaks of up to 65°C, breaking all records, pushing up demand for electricity, causing water shortages in agriculture and threatening future food supply constraints. The Indian franchise of Burger King took tomatoes off the menu after the local crops failed and tomatoes became exorbitantly expensive.
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Hot oceans
The seas are the temperature of bath water and the land is baking. This year the rise the global temperature in June already passed the 1.5C limit compared to the 1850-1900 base set in the Paris Accords as the upper limit for global warming.
Leon Simons, a board member of the Club of Rome and climate expert, released a scary string of charts recently that show ocean temperatures are at record breaking levels across the board and show no sign of slowing down.
“Do people understand how crazy it is that these temperature records are being shattered SIMULTANEOUSLY and CONTINUOUSLY for months [this year],” said Simons in a tweet. “If the extreme weather around the world is shocking to you now, hold onto your hats. 2023 is just a warmup.”
"A massive heat blob is sitting across the Pacific Ocean. Thermal inertia in the oceans is going to continue for a very long time due to the incredible amount of energy oceans have been absorbing due to anthropogenic greenhouse warming," says Simons.
Global Sea Surface Temperatures keep running record high. "Based on the previous two strong El Niños, it might take another full year until temperatures dip below the pre-2023 records again," says Leon SImons.
20 of 35 vital signs are now record levels
Academics are becoming alarmed as all the indicators they use to measure the health of the planet are starting to flash red.
On the basis of time series data, 20 of the 35 so-called “vital signs” have already breached their safe levels and are now showing record extremes.
“These data show how the continued pursuit of business as usual has, ironically, led to unprecedented pressure on the Earth system, resulting in many climate-related variables entering uncharted territory,” Oxford University said in its study.
1123 GBL bneGreen climate crisis 20 of 35 vital signs at records OXFORD UNIVERSITY
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