WE ALL HAVE CONCERNS, to one degree or another, about the environment—be it the threat of global warming or the health of our air, our water, our lands and forests, and the myriad creatures that inhabit them. None of us (save the odd sociopath or two) wants to leave our children and the generations to follow with a biosphere less rich and diverse than the one we inherited. And yet we will. Not maybe. Or perhaps. It’s baked into the cake sitting in the oven.
COP27 BEGAN WITH MORE than a little acrimony and ended 40 hours later than expected, with a last-minute deal that had as its signature achievement the establishment of a fund to compensate countries negatively impacted by climate change. Just who would fund this new financial vehicle was hotly debated, with China refusing to give up its status (acquired in 1992) as a “developing” country and therefore not liable for “loss and damages” claims made by impacted countries because of its CO2 emissions.
WHICH WAS A GOOD MOVE considering, today, China is the largest emitter of GHGs (Greenhouse Gases.)
Theoretically, this new fund would be financed through donations from large,
emitting nations, primarily the global north (i.e., rich nations who were
first to develop their economies using fossil fuels). BUT, there was no binding
agreement on the amount of money developed countries will commit.
So, it’s a bit like building a bank without any deposits. In a worst-case
scenario it’s merely a façade, a sham agreement. HOWEVER, it is a step
in the right direction: At least there is acknowledgement, however grudgingly
given from developed nations, accepting their responsibility for the bulk of
atmospheric carbon pollution, with all the cascading environmental effects1
this engenders—and that they must therefore pay compensation to low-emitter
countries for damages incurred. We'll see if that holds true or not in the coming months and years.
AN ADDITIONAL BONE OF CONTENTION among delegates was language from last year’s COP26 accord that had signatories agreeing to phase “down” their fossil fuel use, instead of the more strongly worded phase “out”. But the weaker language remained in this year’s agreement. It’s a small difference in legalese but it might have focused the minds of politicians to pursue climate mitigation policies more aggressively. It should be noted it was only last year that the term “fossil fuels” was used at all in any COP final agreement. One would think that the chief cause of AGW (Anthropogenic Global Warming), namely billions of tonnes of CO2 and related gases released each year into the atmosphere, might be mentioned in documents ostensibly designed to combat their effects. I'd suggest that the hundreds of fossil fuel lobbyists (over 600!) and BAUs (Business As Usual) attendees at COP27 might have something to do with watering down the final agreement but I'm afraid of being labelled a "conspiracy theorist!" Sigh.... I’m reminded of the cigarette lobby and its decades-long program of dis-information (to use a much-abused word) disguising and obfuscating the hazards of smoking. 🚭
ACTIVISTS WOULD SAY that progress to combat climate change is being made an inch at a time when it’s miles that are needed. To call November’s COP27 a wet squib—I think I already did—and disappointing, is probably how a lot of people feel. Unless you’re in fossil fuels, of course!
AS NATURAL DISASTERS are exacerbated by rising global temperatures and unstable weather patterns, we'll see whether rigorous “climate justice” policies are enacted by developed countries to compensate poorer ones (again, mostly in the global south) who are disproportionately affected by an atmosphere with current, world-wide CO2 concentration levels of 421 ppm.2
Cheers, Jake.
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