Climate Compass Blog
With the latest round of international climate change talks underway in Doha this week, it’s a good time to check in on the United States’ pledge, made three years in Copenhagen, to reduce greenhouse gas emissions 17 percent below 2005 levels by 2020. Are we on track to meet that?
The short answer: Not yet. But projections depend on assumptions, so let’s look at a few recent projections.
As international climate summits go, Doha should be relatively straightforward. Essentially, parties need to wrap up some old business so they can start negotiating in earnest next year toward a 2015 agreement. So why is everything so gummed up?
Two reasons: Expectations die hard. And however modest the formal agenda might be, the rhetorical agenda knows no bounds.
Businesses have always had to predict and manage risks. Those risks include the potential impact of extreme weather such as floods, storms and drought on a company's supply chain, power supply, and property.
But now companies must find a way to factor in the "instability ingredient" -- climate change -- which is likely to make weather more unpredictable, extreme -- and costly -- in the future.
I recently replied to a question on the National Journal blog: “Should international negotiators abandon the top-down multilateral system to confront climate change and find another way?”
You can ready other responses at the National Journal.
Here is my response: True enough, the Doha climate talks will produce no big breakthroughs. Compared to the last three conferences – Copenhagen, Cancún and Durban – Doha is indeed a pretty ho-hum affair.
That is no doubt disappointing to anyone still looking to the U.N. climate negotiations to deliver a quick, decisive response to the challenge of global climate change. In actuality, though, the diplomatic humdrum in Doha marks a long overdue shifting of gears that could, in time, produce a far more practical approach.
President Obama’s signature on a law authorizing the Secretary of Transportation to bar U.S. airlines from participating in the European Union’s emissions trading system underscores the urgent need for a global approach to reducing greenhouse gas emissions from the fast-growing aviation sector.
The new law is the latest salvo in an international brouhaha triggered by the EU’s attempt to regulate greenhouse gas emissions from flights to or from Europe. Dozens of countries, including the United States, protested the move as an affront to national sovereignty and a violation of international aviation agreements. The EU acted after years of talks within the International Civil Aviation Organization (ICAO) failed to result in a global agreement to reduce aviation emissions.