Context is everything in understanding the U.S.-China climate deal struck in Beijing by U.S. President Barack Obama and Chinese President Xi Jinping last week. The deal’s ambitions may fall short of what climate scientists called for in the latest entreaty from the Intergovernmental Panel on Climate Change, but its realpolitik is important.
Obama and Xi’s accord sets a new target for reductions in U.S. greenhouse gas emissions: 26-28 percent below 2005 levels by 2025. And for the first time sets a deadline for China’s rising GHGs to peak: 2030. This is potentially strong medicine for cooperation, when seen in the context of recent disappointments for global climate policy. Continue reading →
European leaders wrapped up a two-day climate summit in Brussels last week with a deal to cut the European Union’s total greenhouse gas emissions to 40 percent below 1990 levels. This would continue a downward trend – the EU is already on track to meet a 20 percent reduction from 1990 levels by 2020 – but the agreement is weak relative to Europe’s prior ambitions to confront climate change.
Investors in green tech pushed aggressively for the deal, seeking a longterm signal that the European market will continue to reward advances in energy efficiency and low-carbon energy production. The deal is also a shot in the arm for the Paris global climate talks, scheduled for December 2015, which will seek to achieve the decisive binding global targets for greenhouse gas reductions that failed to emerge from the 2009 Cophenhagen climate talks.
What the deal lacks is specificity and ambition regarding the mechanisms by which European countries are to achieve the carbon reduction. “Key aspects of the deal that will form a bargaining position for global climate talks in Paris next year were left vague or voluntary,” reported The Guardian. Continue reading →
After months of negotiation, the French government has unveiled a long-awaited energy plan that is remarkably true to its election promises. The legislation’s cornerstone is the one-third reduction in the role of nuclear power that President François Hollande proposed on the campaign trail in 2012.
Under the plan, nuclear’s share of the nation’s power generation is to drop from 75 percent to 50 percent by 2025, as renewable energy’s role rises from 15 percent today to 40 percent to make up the difference. That is a dramatic statement for France, which is the world’s second largest generator of nuclear energy, after the United States. France has a globally-competitive nuclear industry led by state-owned utility Electricité de France (EDF) and nuclear technology and services giant Areva. Continue reading →
Blackouts this week in New Delhi and surrounding states are providing a dramatic backdrop for a bold promise by India’s new prime minister, Narendra Modi, whose Hindu nationalist party swept to power in a landslide election last month. As a scorching heatwave drove power consumption beyond the grid’s capacity, Modi’s government vowed to deliver “round-the-clock power for all by 2022,” reports the Wall Street Journal.
That will be an awesome task. Nearly one-quarter of India’s 1.26 billion citizens lack grid access. And India’s utilities have struggled to keep up with demand from those who are connected. Power cuts are frequent. Continue reading →
The Arctic is melting faster than predicted. Is now the time to shut down the low-carbon nuclear power plants in France — the 20th Century’s staunchest proponent of nuclear energy? Is natural gas produced via hydraulic fracturing or ‘fracking’ a gift that is buying time for a transition to renewable energy or a curse that reinforces fossil fuel dependence? Will carbon belching heavyweights such as the U.S. and China ever get serious about cleaning up their energy systems?
Such questions are top order in France, whose President kicked off a Grand Débat on energy this month Continue reading →
Late last week President Barack Obama deferred consideration of the Keystone XL oil pipeline, designed to ship Alberta petroleum to the Gulf Coast, until after next year’s U.S. elections. Obama’s move immediately sparked vows in Canada to redirect crude exports to Asian markets less angst-ridden by the environmental impacts associated with tapping Alberta’s tough, tarry petroleum. A smarter strategy would be to reduce those impacts, starting with the black mark that brought Keystone XL to national attention: oil sands crude’s bloated carbon footprint. Continue reading →
The blackout that squelched power flows to nearly 5 million residents of Arizona, California and northern Mexico last night and shut down California’s San Onofre nuclear power plant may be the latest sign of strain in an outdated U.S. power grid. The incident began during maintenance at a substation in Yuma, Arizona that lies at the center of a sclerotic section of the grid between Phoenix and Tucson—one long recognized as critically congested and thus at heightened risk of failure. Continue reading →