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The UK is considering a new law which would invite applications for new oil and gas production licenses in the North Sea every year.

This Offshore Petroleum Licensing Bill will not help with the UK’s energy security, reduce bills or serve anything but fossil fuel giants’ short-term profits. 

On top of this, if it passes into law, the UK faces the grave risk of economy-wrecking lawsuits.

This is because the UK is a member of the Energy Charter Treaty (ECT) – a multilateral investment pact which allows investors in energy to sue governments over policies that affect their investments in over 50 countries across Europe and Asia.

Investors weapon

The ECT is the most litigated investment agreement in the world. It contains Investor-State Dispute Settlement (ISDS) provisions which are used by fossil fuel companies to deter, delay or raise the cost of climate policies. 

ISDS enables them to sue governments for billion-dollar payouts over their climate policies, in secretive tribunals outside of national legal systems. 

Weak attempts at reforming the Energy Charter Treaty have failed numerous times over the years, and thus many European countries including Germany, France and the Netherlands have decided to exit over the risks to their climate action. 

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The UK government launched a review of its membership last year and is overdue announcing its outcome. 

Recent research by CommonWealth found that at least 40% of the UK’s North Sea oil and gas licenses are owned by foreign investors, many headquartered in ECT member countries like France or Spain.

If the UK government fails to leave the ECT, foreign investment into North Sea oil and gas means not only a headlong sprint in the wrong energy policy direction, but invites a huge bill even if a future government changes course. 

The Labour Party, which is far ahead in the polls, says it will stop new oil production. An election will be held this year.

Coming clash

Carbon Tracker recently showed that North Sea oil and gas companies are financially planning for far slower energy transition scenarios than governments are working to. 

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As a result, they are setting up a clash between climate policies and their financial expectations, raising the risk of ISDS claims.

Producing the first oil and gas from a field can take more than 18 years. By then, the climate policy landscape will be vastly different.

The 1.5 C warming limit is likely to be passed within the next decade or two, so the imperative to reduce fossil fuel use will be even greater. 

The dearth of long-term thinking in Westminster means policymakers are ignoring the risk of leaving the fossil fuel industry with such a powerful weapon.

An investor using ISDS can claim not only for costs sunk by a government policy but for any future lost profit it expected to earn over a project’s lifetime.

These companies can decry far bigger losses than is reasonable given the fast-moving renewables revolution, and ISDS tribunals are rigged to back them up.

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Facing an ECT claim, any reasonable argument the UK may have developed about the environmental, social – even economic – imperative to phase out fossil fuels will have to be left at the door: it signed up to the fossil fuel giants’ charter, failed to leave it when it had the chance, and breached it. 

So much for the polluter pays: the UK taxpayer will have to bail them out.

Failed reforms

There’s no reforming the deadly oil and gas bill, in or out of the ECT. But remaining a member of the treaty adds an incredulous new dimension of fiscal irresponsibility.

The European Commission is proposing a mass withdrawal to neutralise the Energy Charter Treaty’s sunset clause – which extends the right to ISDS claims for 20 years even after countries leave – among exiting parties. 

If the countries leaving together agree to cancel the sunset clause between themselves, then the benefits of exit are magnified.

Given how many ECT-covered investors in 1.5C-incompatible projects on British soil are European, the UK joining this coordinated withdrawal would eliminate 99% of the ISDS risk – leaving little logical argument to remain bedfellows with climate laggards in a collapsing treaty.

It’s time to rip up the get-out-of-jail-free card that dirty North Sea projects, fast becoming obsolete, have up their sleeve. 

At stake is a chill on policies to address the biggest crisis facing humanity, and an unjust transition that would be billed to the UK public. 

Cleodie Rickard is trade campaign manager at Global Justice Now.

The post Oil drilling while in the Energy Charter Treaty is economically reckless appeared first on Climate Home News.

Oil drilling while in the Energy Charter Treaty is economically reckless

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Early warning systems are saving lives in Central Asia

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In recent years, the monsoon season in Pakistan has taken a new and dangerous turn.

July and August typically bring high levels of rainfall across the country, and while flooding isn’t uncommon, the extent and severity could be readily predicted.

These patterns have now changed. In 2022, extreme rainfall swept Pakistan and huge swathes of the country were under water. Sindh province experienced levels of rain 508% above average for the time of year. 

Extreme weather in Pakistan is becoming the norm. The past 15 years have brought widespread flooding, loss of life and billions in financial costs. A post-disaster report, produced by the Pakistan Government, stated that the 2022 floods were “a wake-up call for systemic changes to address the underlying vulnerabilities to natural hazards”, citing the country’s lack of climate-resilient infrastructure.

But heavy rainfall is only one of the water-related issues that Pakistan faces. In a country with huge geographical diversity, from sweltering deserts to freezing mountain tops, the water stresses are equally as varied. In many regions the key concern is a lack of reliable, clean water that can be used to grow crops and feed families.

We must invest in early warning systems to tackle crises like Kenya’s drought

The risks of the Indus

The Indus River plays a critical role in Pakistan. This major artery travels almost the entire length of the country, an estimated 2,000 km, from the Himalayas to the Arabian Sea. It is a crucial economic lever, supporting nearly 90% of Pakistan’s food production and 25% of its overall GDP. What happens to this river – both human and natural impacts – has huge consequences for the rest of the country.

The government and civil society agree that urgent action is required to protect Pakistan’s fragile water resources. A new adaptation project – SAFER Pakistan – is seeking to address these concerns with solutions that can be used to solve similar climate-related issues elsewhere.

The US$ 10 million project is led by ICIMOD, an intergovernmental research centre, alongside UNICEF, and financed by the Adaptation Fund. The intention is to tackle six key issues that people face in the Indus Basin: cryosphere risks, drying springs, groundwater, pollution, unsustainable water use, and community resilience.

In practice this means exploring different solutions that put communities in control of their own adaptive capacity. One solution under development is the use of community early warning systems.

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A warning sign

According to researchers, early warning systems “aim to empower affected communities against hazards and help them to sufficiently prepare before disasters strike.”

The northern provinces of Pakistan – Gilgit-Baltistan and Khyber Pakhtunkhwa – are the main focus for testing these systems. In this mountainous region the Indus is fed by thousands of glaciers which sustain water flow during the dry season. At the same time, increased temperatures and unpredictable weather patterns are changing how these glaciers behave, leading to avalanches, increased snowmelt, and landslides.

As glaciers start to melt due to climate change, they can form large lakes high up on the mountain that can pose a serious threat to the communities living below. When these natural dams fail, huge quantities of water come careening down the mountain, a phenomenon called glacial lake outburst flood.

The SAFER project is exploring how to use local knowledge and observations of the mountain to ensure people know how and when to evacuate when these outbursts occur. This human intelligence will be combined with data from remote sensors to save lives and livelihoods. In total, over 435,000 people will be impacted by the project.

“Early warning systems often serve as the backbone of a multi-faceted response to reduce climate disaster risk,” commented Mikko Ollikainen, head of the Adaptation Fund. “But local information is often just as valuable as the real-time data you receive from sensors or satellites,” he added.

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Shaping an effective response

Community early warning systems – together with other preventive adaptation measures – are proving a popular solution to extreme weather events.

A separate adaptation project in the mountains of Central Asia is grappling with the same problem of glacial flooding. In this case, with US$6.5 million in funding from the Adaptation Fund, UNESCO has been implementing early warning systems across Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan for the past five years, with considerable success.

Diana Aripkhanova, a project officer at UNESCO, and based in Kazakhstan, told Climate Home that glacier lake outburst floods “represent an increasing climate-related hazard across the high mountain regions of Central Asia”.

“These events can trigger destructive floods and debris flows that affect downstream communities, infrastructure, and livelihoods,” she added.

The project utilises real-time data drawn from weather monitoring stations with community preparedness to shape a fast and effective response to life-threatening flooding. This includes training people on evacuation routes, safe locations and simulation drills. In addition, the project has tried preventative measures such as planting hundreds of trees in valleys prone to landslides to provide greater stabilisation.

In total, four early warning systems have been installed across the four countries involved in the project covering seven high-risk areas. As a result, UNESCO estimates these systems are protecting over 100,000 people.

“Early warning systems are a key risk reduction measure, allowing communities to evacuate in time and reduce potential loss of life and damage to assets,” added Aripkhanova.

Community participation

The active role of each community is built into these interventions. Ensuring local people are core contributors is seen as crucial to building long-term climate resilience.

These communities are witnessing the threats from climate change materialise on a yearly basis, and researchers are now tapping into that understanding when implementing adaptation projects.

After the 2022 floods, Pakistan’s development minister, Ahsan Iqbal, wrote that “there is an opportunity to do things differently” and that “enhancing Pakistan’s resilience to shocks and stresses amidst climate change, especially for the poorest…is essential for the country’s future.”

The climate shocks remain as strong as ever, but using the right tools and simple solutions can soften the blow when they occur.

Adam Wentworth is a freelancer writer based in Brighton, UK

The post Early warning systems are saving lives in Central Asia appeared first on Climate Home News.

Early warning systems are saving lives in Central Asia

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Earth’s Greatest Underwater Migrations Are Disappearing

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From the Amazon to the Mekong, migratory freshwater fish underpin food security for millions, but over 300 species need urgent conservation intervention, warns a new UN report.

Beneath the surface of the planet’s rivers and lakes, the historically heaving migrations of freshwater fish are thinning out. The blubbery-lipped Siamese giant carp of Asia’s Mekong River, the mottled brown goonch of India’s Ganges and the ancient-in-appearance beluga sturgeon of Europe’s Danube River are declining.

Earth’s Greatest Underwater Migrations Are Disappearing

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Border Communities Remain in the Dark About Federal Government’s Billion-Dollar Buoy Project

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The industrial-grade buoys, already being installed in Brownsville, Texas, are meant to prevent unauthorized crossings. But experts warn the buoys could intensify flooding and change the river’s course.

Reporting supported by the Water Desk at the University of Colorado, Boulder.

Border Communities Remain in the Dark About Federal Government’s Billion-Dollar Buoy Project

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