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Humanity’s choice (via IPCC): Aggressive climate action ASAP (left figure) minimizes future warming and costs a mere 0.06% of annual growth. Continued inaction (right figure) results in catastrophic and irreversible levels of warming, 9°F over much of U.S. and world.
The world’s top scientists and governments have issued their bluntest plea yet to the world: Slash carbon pollution now (at a very low cost) or risk “severe, pervasive and irreversible impacts for people and ecosystems.” Scientists have “high confidence” these devastating impacts occur “even with adaptation” — if we keep doing little or nothing.
On Sunday, the U.N. Intergovernmental Panel on Climate Change (IPCC) released the “synthesis” report of their fifth full scientific climate assessment since 1990. More than 100 governments have signed off line by line on this review of more than 30,000 studies on climate science, impacts, and solutions.
Like every recent IPCC report, it is cautious to a fault — as you would expect from “its consensus structure, which tends to produce a lowest common denominator on which a large number of scientists can agree,” as one climatologist explained to the New York Times. And that “lowest common denominator” is brought to an even blander and lower level in the summary reports since they need to end up with language that satisfies every member government.
The authors clearly understand this is the last time they have a serious shot at influencing the world’s major governments while we still have a plausible chance of stabilizing at non-catastrophic levels. IPCC chairman Rajendra Pachauri said this report will “provide the roadmap by which policymakers will hopefully find their way to a global agreement to finally reverse course on climate change.” That global agreement is supposed to be achieved over the next year and finalized at the December 2015 international climate talks in Paris.
And yet, as conservative as the process is, this final synthesis is still incredibly alarming — while at the same time it is terrifically hopeful.
How hopeful? The world’s top scientists and governments make clear for the umpteenth time that the cost of action is relatively trivial: “Mitigation scenarios that are likely to limit warming to below 2°C” entail “an annualized reduction of consumption growth by 0.04 to 0.14 (median: 0.06) percentage points over the century relative to annualized consumption growth in the baseline that is between 1.6 percent and 3 percent per year (high confidence).”
Translation: The cost of even the most aggressive action — the kind needed to stave off irreversible disaster — is so low that it would not noticeably change the growth curve of the world economy this century. With high confidence, we would be reducing annual consumption growth from, say, 2.4 percent per year down to “only” a growth level of 2.34 percent per year.
How bad can it get if we won’t devote that tiny fraction of the world’s wealth to action? The IPCC already explained that in the science report from last fall (see “Alarming IPCC Prognosis: 9°F Warming For U.S., Faster Sea Rise, More Extreme Weather, Permafrost Collapse”). And they expanded on that in the impacts report (see “Climate Panel Warns World Faces ‘Breakdown Of Food Systems’ And More Violent Conflict”).
The synthesis report ties it all together:
In most scenarios without additional mitigation efforts … warming is more likely than not to exceed 4°C [7°F] above pre-industrial levels by 2100. The risks associated with temperatures at or above 4°C include substantial species extinction, global and regional food insecurity, consequential constraints on common human activities, and limited potential for adaptation in some cases (high confidence).
Translation: There is high confidence that if we keep doing little or nothing [the RCP8.5 case], we will create a post-apocalyptic “hunger games” world beyond adaptation.
Ever cautious, the IPCC euphemistically writes of “consequential constraints on common human activities.” Elsewhere they explain that “by 2100 for RCP8.5, the combination of high temperature and humidity in some areas for parts of the year is expected to compromise common human activities, including growing food and working outdoors (high confidence).”
Translation: We are at risk of making large parts of the planet’s currently arable and populated land virtually uninhabitable for much of the year — and irreversibly so for hundreds of years.
Indeed, the report makes clear that future generations can’t plausibly undo whatever we are too greedy and shortsighted to prevent through immediate action. And as bad as the impacts described in this report are, things will be even worse after 2100 in every case but the one where we aggressively act ASAP to stabilize at 2°C total warming.
And remember, this is a super-cautious, consensus-based, “lowest common denominator” report. The Washington Post has an excellent piece on the inherently conservative nature of these reports and why they “often underestimate the severity of global warming.”
So things are probably going to be much, much worse for our children and grandchildren and future generations if we fail to act. Do we really want to find out just how much worse things could be?
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The story they won’t report on
Dear Friend, Four weeks ago, the Australian National University announced it was selling $16 million of shares in two fossil fuel companies and five other mining companies. What happened next was odd in the extreme. The Australian Financial Review (AFR) went into overdrive, dedicating a month of breathless coverage to attacking ANU’s decision. The AFR has now published 43 stories, 30,000 words and 12 front covers on the topic of one university divesting from a handful of companies. By contrast, the global surge in renewable energy and the growing carbon bubble barely rate a mention. Smart people know that the world needs to leave most fossil fuels in the ground.* They know that a huge transformation is underway, disrupting old energy sources and risking hundreds of billions of dollars in stranded assets. But the AFR won’t cover this news. So that’s why we’re going to take the news to the AFR. AFR’s parent company — Fairfax Media — has its AGM this Thursday in Melbourne. From the moment the doors open, we’ll be presenting Fairfax shareholders with a more honest version of events in our special edition of the Australian Fossil Fuel Review (AFFR). When shareholders open the AFFR, we want them to see the names of thousands of Australians calling on the AFR to report responsibly. Click here to add your name today! Shareholders should know that the AFR is failing in its core business of delivering responsible financial news. Instead, it’s running a campaign to try to slow the divestment movement, while giving limited coverage to some of the the biggest financial stories of our time – climate change and the surge in clean energy. This may suit miners, but it doesn’t suit Australia’s future. Click here to send the AFR a message that climate cover-ups and compromised reporting is not ok. Yours for a brighter future, Vicky and the 350 Australia team — PS: Want to do more?
*Just today, Ban Ki-Moon urged global pension funds to divest from fossil fuels!
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Press Release
Lazarus confirms Palmer United’s commitment to the RET
Palmer United Senator for Queensland and Leader of Palmer United in the Senate, Glenn Lazarus, today confirmed the Palmer United Party is committed to retaining the Renewable Energy Target (RET).
“The current mandatory renewable energy target is federal government policy designed to ensure that at least 20% of Australia’s electricity comes from renewable sources by the year 2020,” said Senator Lazarus today.
“In 2010, the policy was revised and refined to a target of 41 000 GWh in 2020 (through to 2030) for large scale renewable energy production.
“In response to existing policy, many businesses have invested in the renewable energy sector.
“This investment has and is continuing to deliver, business opportunities, jobs, advancements in innovation and technology in the renewable energy sector and importantly advancements for our environment.
“I am appalled that the Abbott Government would even consider reducing the RET.
“While the Abbott Government is considering a reduction in the RET, investment in the renewable energy sector is being damaged, confidence in the sector is diminishing and Australia’s reputation as a responsible global citizen is being harmed.
“Existing businesses that have invested in the sector are being damaged and jobs are at risk.
“The Abbott Government needs to understand that federal government policy needs to take into account the interests of the business sector as it is the business sector that employs the majority of Australians.
“Clearly, the majority of Australians want our country to move towards cleaner renewable energy.
“The Palmer United Party will block any attempt by the Abbott Government to reduce or abolish the RET.
“The Abbott Government needs to restore confidence in the renewable energy sector and stop putting the interests of his big coal mining mates ahead of everyday Australians and the environment.”
ENDS
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Daily update: IPCC warning to Australia: Wrong way, go back
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