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An Earth Day Appeal for Sustainable Market Solutions
›April 22, 2022 // By Roger-Mark De SouzaGlobal insecurity driven by the conflict in Ukraine and pandemic-induced instability has come powerfully into confluence to increase threats to livelihoods across the world.
What can we do to stem the tide? This Earth Day is an opportunity to rally for action that will help us all face such challenges now and in years to come. One of the most powerful ways to do so is to solidify and expand the reach of sustainable markets. There are a number of ways that this process can begin right now.
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Crouching Tiger, Hidden Decarbonization: China’s National Emissions Trading System
›In this Year of the Tiger, China, the world’s largest carbon emitter, is signaling more aggressive climate action on several fronts, including expanding its national carbon emission trading system (ETS). Since the launch of the program on July 16, 2021, results have been encouraging; carbon intensity fell three and a half percent in the second half of 2021 and total carbon emissions only grew by four percent, compared to nine percent in the first half of the year. However, China’s implementation of ETS has triggered criticism for having low penalties, loose restrictions, and too low a carbon price. Like a tiger in tall grass, it is vital that Chinese policymakers pounce on the obstacles to expanding ETS coverage and transition from an intensity-based cap to an absolute cap. Signs show this can happen sooner as opposed to later.
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The Best or Worst of Both Worlds? Nuclear Power’s Contested Role in Europe’s Energy Transition
›Growing up in Austria in the 1990s, one of the underlying lessons I learned in middle school was that nuclear power is humanity’s downfall. Though never explicitly described that way in the curriculum, from a young age my peers and I knew to associate the black-and-yellow trefoil symbol with apocalyptic environmental destruction. Reflecting on my upbringing helps me understand why so many in Germany, Austria, Denmark, Greece, and Italy argue that nuclear power should be our last resort as an energy resource. How could we allow the development and use of such dangerous technologies in our own lives? How could we just move on and accept that a nuclear accident could kill all of us at any moment?
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Imagine a Future Without Single-Use Plastics
›If producing plastic waste were a race, Japan would be rushing for the gold medal. Japan and the United States both rank the highest per capita for plastic packaging waste in the world. Former Prime Minister Shinzo Abe’s administration set a goal to reduce Japan’s plastic waste production by 25 percent by 2030 and recent polls show the majority of the Japanese public wants strong actions to reduce plastic waste. Nevertheless, Japan is not doing enough to stem the tide of plastic entering the ocean. If Japan and the rest of the world fail to act more boldly, global oceanic plastic waste could triple by 2040. Current commitments of governments and corporations would only reduce global plastic leakage seven percent below the business-as-usual scenario. Japan’s current waste management system prioritizes recycling and incineration, encouraging a make-take-waste linear model of plastic consumption. Japan needs a circular economy built on a culture of reduction and reuse instead of single-use plastics.
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Can COP26 Meet the Climate and Conflict Challenge?
›Global climate action must be sensitive to ‘land grabs’ and lost livelihoods for both a safer and greener world to be built in Glasgow.
With all eyes on COP26, the world is holding its breath. This year’s negotiations will need to see truly ambitious commitments to ramp up climate action in order to avoid a dangerous future. There has never been a greater sense of the urgency in the climate movement.
As a peacebuilder, I’m looking closely at what the implications of the much-needed pledges might be for the 1.5 billion people living in fragile and conflict-affected contexts. The discussion on the impact of climate change on security and social stability is gaining momentum but is still effectively on the fringes of the COP26 agenda. That is a concern.
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U.S. and Chinese Aquaculture Taps into a Carbon-Free Geothermal Energy Source
›From Friday night fish fries to shrimp cocktails, people sheltering in place have learned how to cook their favorite dishes at home. As a result U.S. seafood sales have doubled during the pandemic. Globally, the United States ranks fifth in seafood consumption and China—where hunger for seafood has skyrocketed with rising incomes—is number one. While wild fisheries are on the decline, aquaculture is expanding to increase the global food supply.
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China’s National Emissions Trading Scheme is Just One Piece of the Mitigation Puzzle
›On July 16, 2021, after nearly two decades of research and preparation, China finally opened what is now the world’s largest national emissions trading scheme (ETS). The much anticipated move follows the central government’s ambitious pledge to reach peak CO2 emissions before 2030 and achieve carbon neutrality before 2060. Several Chinese cities and provinces, including Shanghai, have been operating ETS pilots for several years. For Shanghai, the rollout of China’s national ETS bolsters its existing carbon marketplace and complements the multitude of other local and national decarbonization initiatives the city is undertaking. The national scheme is an encouraging step in China’s climate action, but on its own it is not a silver bullet to decarbonize the economy.
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Decarbonization in the United States and China: Fast and Furious Enough?
›A “code red for humanity”— that is how UN Secretary General António Guterres described the future climate scenarios laid out in the International Panel on Climate Change’s Sixth Assessment Report. According to the report, CO2 in the atmosphere has reached levels unseen in 2 million years, amplifying floods, droughts, and other environmental catastrophes around the world.
Showing posts from category energy.