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Katherine Quinn is policy lead at the Cambridge Institute for Sustainability Leadership. 

BP has ditched its pledge to curb oil production by 2030 – a plan that was once the most ambitious in the industry – switching instead to developing more fossil fuels in the Middle East.   

The new approach means we’ll see 2 million more barrels of oil per day by the end of this decade, Reuters reported earlier this month.  

You might think the energy giant would be lambasted for the decision, but BP shares jumped following the news. Insiders confirmed the move was designed to “regain investor confidence”.   

Shell also weakened its 2030 carbon reduction target earlier this year, selling renewable assets by divesting its leases for developing floating wind farms off the coast of Scotland, among others.  

Now it is doubling down on natural gas – another fossil fuel which it keeps trying to tell us is ‘clean’, even though burning and extracting it releases carbon dioxide, methane and particulate matter.   

It’s a bit like that classic meme from the Princess Bride, when Inigo Montoya says, ‘You keep using that word. I do not think it means what you think it means.’  

Climate advocates have long urged for humans to care more about the Earth we inhabit – even in the face of sceptics – hoping that common sense would prevail.  

But it’s only recently that market conditions are starting to make fossil fuels less profitable. Last year’s COP28 UN climate conference marked the ‘beginning of the end’ of the fossil fuel era – with a phase-down agreement, although it could have gone a lot further.   

Fossil fuels still king

Closer to home, the UK closed its last coal-fired power plant at the start of this month. But there’s no denying that fossil fuels still dominate our planet. In 2023, they accounted for 81.5% of the global energy mix.  

Managing climate change holistically is a marathon – not a sprint – and we need to get in the right headspace for the long run. In fact, we need to run like our lives depend on it, because they do.  

Despite solar surge, world off track for COP28 renewable energy target

We’re already seeing extreme weather that is both more intense and more frequent than many of the predictions of climate science. Just look at recent floods, wildfires and droughts in Austria, Myanmar, Poland, Germany, Australia, the Czech Republic, Slovakia, Romania, Bosnia and Herzegovina and Nigeria. We saw the catastrophic impacts of Hurricane Helene and Hurricane Milton in the US. And that’s just in the last month.   

Things are so dire that meteorologists are crying as they report the weather.  

So how do we shift the wider economy to change at the pace we need it? We need to accept that businesses and investors are primarily driven by financial returns. Many CEOs are prone to saying, “you get what you incentivise”.   

Change through legal reform

You get what you incentivise – and you also get what you mandate. Introducing strong policies to accelerate the implementation of renewables, coupled with the rapid, legally implemented phase-out of fossil fuels, may be our best hope for ensuring global warming doesn’t rocket off the charts.  

We must get this message across. The new model of ‘competitive sustainability’ is one way.  

Forward-thinking businesses – those that get the reality of climate change – need to support changes in the market, while at the same time they compete to be the greenest. That way they can help prompt the changes needed, get ahead of upcoming regulations and mitigate a set of huge risks they won’t be able to avoid.  

Climate godfather Al Gore was shouting about this as early as 2008, when he told business leaders gathered in Davos that beyond individual actions, “it is far more important to change the laws and to change the treaty obligations that nations have”.   

The Global South is surging ahead in the renewables revolution

We need law reform that is simultaneously widespread and targeted. At the international level, we need strong treaty language on renewables. We need to look at agreements and commitments around investor protection and make sure they can’t be weaponised unreasonably to protect an unsustainable status quo at the cost of a green future.  

At both national and subnational levels, we need to expedite permitting and grid access, phase out fossil fuel subsidies and redirect money towards clean fuels. Across the board, a legal framework is also crucial to ensure that climate, nature and human rights are embedded in environmental impact assessments.  

We need carrots, but we also need sticks.   

Instead of clobbering those lagging behind on climate action, we’re throwing protestors in jail for (often peacefully) raising awareness of the gravity of this crisis. Meanwhile, the majority of nations still financially incentivise oil and gas through record high fossil fuel subsidies.  

Things need to change – and fast. Only by holding fossil fuel companies accountable and demanding urgent climate action can we secure a liveable future for generations to come – because the cost of inaction is far greater than the price of change.   

The post Why we need new laws to end coal, oil and gas – now   appeared first on Climate Home News.

Why we need new laws to end coal, oil and gas – now  

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A New Tool Could Help Track Deep-Sea Mining Activity

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Countries are still debating whether to mine the seafloor for minerals, but exploratory efforts have already begun.

As demand for critical minerals surges around the world, countries are debating whether to mine the untapped deep-sea reserves of cobalt, copper and manganese, miles below the surface. But a growing body of research shows that these activities could have profound consequences for ocean ecosystems, and the industries and communities that rely on them.

A New Tool Could Help Track Deep-Sea Mining Activity

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IEA: Slow transition away from fossil fuels would cost over a million energy sector jobs

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A slower shift to clean energy could leave the world with 1.3 million fewer energy sector jobs by 2035 compared with a scenario in which governments fully implement their green policies, the International Energy Agency (IEA) has found.

In its annual World Energy Employment report, the Paris-based watchdog said on Friday that the Current Policies Scenario (CPS), which it reintroduced under pressure from the Trump administration, has “more muted” employment growth than the Stated Policies Scenario.

The CPS sees oil and gas demand continuing to rise until at least 2050 – a scenario that the IEA described as “cautious” and “anchored in enacted laws and measures” and was widely criticised by clean energy experts.

A fast energy transition would spur investment in construction, creating more jobs across the sector. New roles for electricians, building insulators, solar panel and energy-efficient lightbulb installers, and transition mineral miners would more than offset job losses in coal mines, power plants and oil and gas fields, the report found.

    Anabella Rosemberg, Just Transition lead at Climate Action Network International, lamented that the clean energy sector is “being undermined at a time when employment creation is of utmost priority”.

    “Climate ambition and decent job creation must go hand in hand – but as the recent conversations at COP30 showed, there is a need for both the right targets and just transition strategies to make it happen,” she added.

    A more ambitious Net Zero Emissions scenario, aligned with the Paris Agreement goal of limiting global warming to 1.5C, would see roughly ten million more energy jobs created than under the CPS, report author Daniel Wetzel told Climate Home News at a press conference.

    Bottleneck warnings

    The IEA warned that governments must act to train workers for these roles or risk facing shortages of electricians, welders, and grid specialists – a gap that could slow the energy transition and drive up wages and energy costs.

    IEA head Fatih Birol highlighted a particular shortage of qualified workers in the nuclear industry, warning that the problem could worsen as the sector’s workforce continues to age. “I hear nuclear is making a comeback, but the interest in the nuclear sector for the jobs is rather weak,” he said.

    Laura Cozzi, IEA’s Director of Sustainability, Technology and Outlooks, warned of a shortage of skilled workers in electricity grids. “That is one of the key ingredients why we are not seeing grids ramp up as [they] should,” she said. Over 60 governments pledged at COP29 to improve and expand their grids to enable clean electricity to flow to where it is needed.

      Bert De Wel, Global Coordinator for Climate Policy at the International Trade Union Confederation, celebrated that the energy transition is creating jobs but added that they should be good jobs with decent pay, conditions and union rights. Decent work would attract skilled workers, he added.

      The report found that wages in the oil and gas industry have generally risen faster over the past year than in the solar – and especially the wind – sectors. It noted that the oil and gas industry has a “historical tendency to offer highly competitive wages to attract and retain top talent”.

      At the COP30 climate summit, governments agreed to set up the Belém Action Mechanism to try and make the energy transition fairer to groups such as workers in the energy industry. It will give trade unions a formal role in shaping just transition policies, for what the ITUC says is the first time.

      ITUC General Secretary Luc Triangle called it a “decisive win for the union movement and working people across the world, in all sectors but especially those in transition industries.”

      The post IEA: Slow transition away from fossil fuels would cost over a million energy sector jobs appeared first on Climate Home News.

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      DeBriefed 5 December: Deadly Asia floods; Adaptation finance target examined; Global south IPCC scientists speak out

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      Welcome to Carbon Brief’s DeBriefed.
      An essential guide to the week’s key developments relating to climate change.

      This week

      Deadly floods in Asia

      MOUNTING DEVASTATION: The Associated Press reported that the death toll from catastrophic floods in south-east Asia had reached 1,500, with Indonesia, Sri Lanka and Thailand most affected and hundreds still missing. The newswire said “thousands” more face “severe” food and clean-water shortages. Heavy rains and thunderstorms are expected this weekend, it added, with “saturated soil and swollen rivers leaving communities on edge”. Earlier in the week, Bloomberg said the floods had caused “at least $20bn in losses”.

      CLIMATE CHANGE LINKS: A number of outlets have investigated the links between the floods and human-caused climate change. Agence France-Presse explained that climate change was “producing more intense rain events because a warmer atmosphere holds more moisture and warmer oceans can turbocharge storms”. Meanwhile, environmental groups told the Associated Press the situation had been exacerbated by “decades of deforestation”, which had “stripped away natural defenses that once absorbed rainfall and stabilised soil”.

      ‘NEW NORMAL’: The Associated Press quoted Malaysian researcher Dr Jemilah Mahmood saying: “South-east Asia should brace for a likely continuation and potential worsening of extreme weather in 2026 and for many years.” Al Jazeera reported that the International Federation of Red Cross and Red Crescent Societies had called for “stronger legal and policy frameworks to protect people in disasters”. The organisation’s Asia-Pacific director said the floods were a “stark reminder that climate-driven disasters are becoming the new normal”, the outlet said.

      Around the world

      • REVOKED: The UK and Netherlands withdrew $2.2bn of financial backing from a controversial liquified natural gas (LNG) project in Mozambique, Reuters reported. The Guardian noted that TotalEnergies’ “giant” project stood accused of “fuelling the climate crisis and deadly terror attacks”.
      • REVERSED: US president Donald Trump announced plans to “significantly weaken” Biden-era fuel efficiency requirements for cars, the New York Times said.
      • RESTRICTED: EU leaders agreed to ban the import of Russian gas from autumn 2027, the Financial Times reported. Meanwhile, Reuters said it is “likely” the European Commission will delay announcing a plan on auto sector climate targets next week, following pressure to “weaken” a 2035 cut-off for combustion engines.
      • RETRACTED: An influential Nature study that looked at the economic consequences of climate change has been withdrawn after “criticism from peers”, according to Bloomberg. [The research came second in Carbon Brief’s ranking of the climate papers most covered by the media in 2024.]
      • REBUKED: The federal government of Canada faced a backlash over an oil pipeline deal struck last week with the province of Alberta. CBC News noted that ​​First Nations chiefs voted “unanimously” to demand the withdrawal of the deal and Canada’s National Observer quoted author Naomi Klein as saying that the prime minister was “completely trashing Canada’s climate commitments”.
      • RESCHEDULED: The Indonesian government has cancelled plans to close a coal plant seven years early, Bloomberg reported. Meanwhile, Bloomberg separately reported that India is mulling an “unprecedented increase” in coal-power capacity that could see plants built “until at least 2047”.

      $518 billion a year

      The projected coastal flood damages for the Asia-Pacific region by 2100 if current policies continue, according to a Scientific Reports study covered this week by Carbon Brief.


      Latest climate research

      • More than 100 “climate-sensitive rivers” worldwide are experiencing “large and severe changes in streamflow volume and timing” | Environmental Research Letters
      • Africa’s forests have switched from a carbon sink into a source | Scientific Reports
      • Increasing urbanisation can “substantially intensify warming”, contributing up to 0.44C of additional temperature rise per year through 2060 | Communications Earth & Environment

      (For more, see Carbon Brief’s in-depth daily summaries of the top climate news stories on Monday, Tuesday, Wednesday, Thursday and Friday.)

      Captured

      A new target for developed nations to triple adaptation finance by 2035, agreed at the COP30 climate summit, would not cover more than a third of developing countries’ estimated needs, Carbon Brief analysis showed. The chart above compares a straight line to meeting the adaptation finance target (blue), alongside an estimate of countries’ adaptation needs (grey), which was calculated using figures from the latest UN Environmental Programme adaptation gap report, based on countries’ UN climate plans (called “nationally determined contributions” or NDCs) and national adaptation plans (NAPs).

      Spotlight

      Inclusivity at the IPCC

      This week, Carbon Brief speaks to an IPCC lead author researching ways to improve the experience of global south scientists taking part in producing the UN climate body’s assessments.

      Hundreds of climate scientists from around the world met in Paris this week to start work on the Intergovernmental Panel on Climate Change’s (IPCC’s) newest set of climate reports.

      The IPCC is the UN body responsible for producing the world’s most authoritative climate science reports. Hundreds of scientists from across the globe contribute to each “assessment cycle”, which sees researchers aim to condense all published climate science over several years into three “working group” reports.

      The reports inform the decisions of governments – including at UN climate talks – as well as the public understanding of climate change.

      The experts gathering in Paris are the most diverse group ever convened by the IPCC.

      Earlier this year, Carbon Brief analysis found that – for the first time in an IPCC cycle – citizens of the global south make up 50% of authors of the three working group reports. The IPCC has celebrated this milestone, with IPCC chair Prof Jim Skea touting the seventh assessment report’s (AR7’s) “increased diversity” in August.

      But some IPCC scientists have cautioned that the growing involvement of global south scientists does not translate into an inclusive process.

      “What happens behind closed doors in these meeting rooms doesn’t necessarily mirror what the diversity numbers say,” Dr Shobha Maharaj, a Trinidadian climate scientist who is a coordinating lead author for working group two (WG2) of AR7, told Carbon Brief.

      Global south perspective

      Motivated by conversations with colleagues and her own “uncomfortable” experience working on the small-islands chapter of the sixth assessment cycle (AR6) WG2 report, Maharaj – an adjunct professor at the University of Fiji – reached out to dozens of fellow contributors to understand their experience.

      The exercise, she said, revealed a “dominance of thinking and opinions from global north scientists, whereas the global south scientists – the scientists who were people of colour – were generally suppressed”.

      The perspectives of scientists who took part in the survey and future recommendations for the IPCC are set out in a peer-reviewed essay – co-authored by 20 researchers – slated for publication in the journal PLOS Climate. (Maharaj also presented the findings to the IPCC in September.)

      The draft version of the essay notes that global south scientists working on WG2 in AR6 said they confronted a number of diversity, equity and inclusion (DEI) issues, including “skewed” author selection, “unequal” power dynamics and a “lack of respect and trust”. The researchers also pointed to logistical constraints faced by global south authors, such as visa issues and limited access to journals.

      The anonymous quotations from more than 30 scientists included in the essay, Maharaj said, are “clear data points” that she believes can advance a discussion about how to make academia more inclusive.

      “The literature is full of the problems that people of colour or global south authors have in academia, but what you don’t find very often is quotations – especially from climate scientists,” she said. “We tend to be quite a conservative bunch.”

      Road to ‘improvement’

      Among the recommendations set out in the essay are for DEI training, the appointment of a “diversity and inclusion ombudsman” and for updated codes of conduct.

      Marharaj said that these “tactical measures” need to occur alongside “transformative approaches” that help “address value systems, dismantle power structures [and] change the rules of participation”.

      With drafting of the AR7 reports now underway, Maharaj said she is “hopeful” the new cycle can be an improvement on the last, pointing to a number of “welcome” steps from the IPCC.

      This includes holding the first-ever expert meeting on DEI this autumn, new mechanisms where authors can flag concerns and the recruitment of a “science and capacity officer” to support WG2 authors.

      The hope, Maharaj explained, is to enhance – not undermine – climate science.

      “The idea here was to move forward and to improve the IPCC, rather than attack it,” she said. “Because we all love the science – and we really value what the IPCC brings to the world.”

      Watch, read, listen

      BROKEN PROMISES: Climate Home News spoke to communities in Nigeria let down by the government’s failure to clean up oil spills by foreign companies.

      ‘WHEN A ROAD GOES WRONG’: Inside Climate News looked at how a new road from Brazil’s western Amazon to Peru has become a “conduit for rampant deforestation and illegal gold mining”.

      SHADOWY COURTS: In the Guardian, George Monbiot lamented the rise of investor-state dispute settlements, which he described as “undemocratic offshore tribunals” that are already having a “chilling effect” on countries’ climate ambitions.

      Coming up

      Pick of the jobs

      DeBriefed is edited by Daisy Dunne. Please send any tips or feedback to debriefed@carbonbrief.org.

      This is an online version of Carbon Brief’s weekly DeBriefed email newsletter. Subscribe for free here.

      The post DeBriefed 5 December: Deadly Asia floods; Adaptation finance target examined; Global south IPCC scientists speak out appeared first on Carbon Brief.

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