AGREEMENT ON CLIMATE ACTION. NOW FOR THE HARD PART.
There is no doubt that the December climate conference in Paris
was a diplomatic success, at least from the perspective of anyone concerned
about the risks of excessive greenhouse gases (GHG) and climate change. That includes all the world’s major
governments and national academies of science, as well as environmental
groups. It was however just the start,
the first of many necessary but not sufficient steps to achieve the goals of
reconciling lifestyles and a sustainable planet. We can already anticipate some
very difficult questions that will need to be addressed in the coming months
and years. The UK and EU have particular perspectives, but many of the
challenges will be universal.
Legally binding and ambitious but dependent on
national efforts.
Did the Paris climate
conference (COP21) achieve a meaningful legally binding agreement
across the international community? Certainly the
EU felt able to assert that “195 countries adopted the first-ever universal, legally
binding global climate deal”. And the aim
to limit temperature increase to 1.5°C, or at
least to have a goal well below 2°C
above pre-industrial levels, in order to
significantly reduce risks and impacts of climate change, is commendably
ambitious. It is also close to the
boundaries of credibility, given that we are already at 1.5°C, with some further increase “baked in” even if human emissions of
GHG were to cease tomorrow.
It also recognised the need for global emissions to
peak as soon as possible, and to undertake rapid reductions thereafter in accordance with the best available
science. In practical
terms the ambitions of Paris imply movement, over a relatively short timescale,
to a zero net emissions economy, or “net zero”.
The agreement fell short
of the legally binding national targets for which many had hoped. In terms of
political realities this was clearly a step too far at this stage, so
responsibility for achievement is decentralised to national climate action plans along the lines of the Intended Nationally Determined Contributions (INDCs) submitted prior to Paris. The provisions for transparency, reporting and review
are however likely to put considerable pressure on national governments to live
up to the spirit of the agreement.
The implications of zero
net carbon
The technical implications
of zero net carbon is that there will be a substantial need for technologies
that are negative emission in that they result in actual net extraction of CO2
from the atmosphere. Currently there are two possible means to do this. The
first is use of biomass in power stations, combined with carbon capture. This
is in essence attempting to enhance the natural carbon cycle so that it leads
to net absorption of CO2. UK
progress with this has not been helped by the cancellation of CCS funding.
The second is the even
more ambitious sequestration of CO2 directly from the
atmosphere. This is theoretically
possible but no cost effective technology currently exists to do it. Myles
Allen, with a logic independent of the chosen target approach used in Paris,
also arrives at the conclusion that the development of this technology is a
priority. “Massive carbon capture investment needed to slow global warming.” Others
will see it as a vital backstop against policy failure or against the
possibility that climate and other science has seriously underestimated the
impacts of even 1.5°C or 2°C warming.
Big Policy Issues for the
EU and UK
The UK is already
committed to an 80% reduction by 2050. Speaking
in the Commons, energy minister Andrea Leadsom said government believed it was
necessary "to take the step of enshrining the Paris commitment to net zero
emissions in UK law". However in terms of delivery the UK is struggling to
build the first new nuclear plant, and the government has recently cancelled
CCS funding – a technology of fundamental importance in relation to meeting its
2050 targets at a reasonable cost, let alone “net zero”.
Meanwhile the EU is still
struggling to make sense of its emissions trading scheme, the EU ETS. This, the EU’s flagship policy, has been an administrative and technical success, but a
conspicuous failure in terms of its ability to produce a carbon price that
incentivises long term low carbon investment. However the EU is widely seen as
sticking doggedly to “pure” market solutions when what may now be implied by Paris
is a much heavier component of direct policy intervention and regulation.
Unsurprisingly this is one
of many areas where there will be competing claims for EU and national policies
and priorities. Post Paris, one question is whether future “national” INDCs relate
to Europe or the nation states. And that is before we even begin to consider
the repercussions of the UK referendum.
The
BIEE run five seminars each year on different aspects of energy and climate
policy. The next one takes place on 20th
April, with Adrian Gault, Chief Economist at the Committee on Climate Change
(CCC), talking about post Paris implications for the UK. The seminar is open to all, but registration
in advance is required, and closes on Friday 15th April. Details may be found on the BIEE site at: http://www.biee.org/meetings/
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