Category Archives: Global Action Inaction

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4 June 2015, RTCC, Oil giants support for UN climate pact signals change in strategy. Top hydrocarbon producers seem to accept a global deal will be done in Paris – the question is can they limit its damage? It’s unprecedented for the UN’s climate chief to receive a letter from six oil companies offering help. More likely Sepp Blatter resigning in the wake of FIFA’s corruption scandal, Tony Blair making a speech at a hunger summit for free. But that’s what happened on Friday when the heads of BP, Shell, BG Group, Statoil, Eni and Total wrote to Christiana Figueres. “Climate change is a critical challenge for our world,” they said. “We stand ready to play our part.” The chief executives emphasised the importance of a global price on carbon, and their willingness to work with the UN to make this happen…. 

But why now, and why this letter? Tom Burke, advisor to BP from 1999-2001 and chair of environmental think tank E3G is in no doubt. It’s fear. “They are getting worried. They are beginning to think governments will bend to respond on pressure on climate change more than they thought they would,” he says.“They assumed governments would not do enough to stay below 2C [a temperature level the UN agreed to avoid in 2010]. It’s unprecedented and a sign they are nervous.” The letter is a sign, argues Burke that work exposing the risk of “stranded assets” as a result of climate policies that make fossil fuels unusable is starting to hit home. Read more here

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4 June 2015, Climate Action Tracker, Bonn: The combined climate plans for the G7 and EU have made a small step towards the right track to hold warming to 2?C, but there is still a substantial emissions gap, the Climate Action Tracker said today. Ahead of the upcoming G7 meeting in Germany, the Climate Action Tracker – an analysis carried out by four research organisations – has looked at the combined INDCs of all G7 governments and the EU, who are responsible, in aggregate, for around 30% of global greenhouse gas emissions and 40% of global GDP.

  • Current policies in the G7+EU are projected to stabilise emissions through to 2030 at close to present levels, and do not yet show a decline in emissions, which is needed to move towards below 2°C and 1.5°C emission pathways. 
  • The projected combined effect of G7+EU INDCs for 2025, and 2030, if implemented, would bring the group 20-30% of the way to 2°C-consistent emissions in this period.
  • The G7+EU 2020 pledges only bring emissions 5% of the way towards emissions levels consistent with 2 and 1.5°C in that year.
  • While the remaining gaps still represent important mitigation challenges (roughly 6.5, 7.6 and 7.8 GtCO2e/year in 2020, 2025 and 2030 respectively or 21%, 24% and 25% of 1990 emissions levels excl. forestry), there is a clear, but as yet insufficient, improvement in ambition. Read More here

 

 

PLEA Network

2 June 2015, UN experts voice concern over adverse impact of free trade and investment agreements on human rights: A number of free trade and investment agreements, such as the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP), are currently being negotiated. A group of UN experts* have issued the following statement to express concern about the secret nature of drawing up and negotiating many of these agreements and the potential adverse impact of these agreements on human rights:  “While trade and investment agreements can create new economic opportunities, we draw attention to the potential detrimental impact these treaties and agreements may have on the enjoyment of human rights as enshrined in legally binding instruments, whether civil, cultural, economic, political or social. Our concerns relate to the rights to life, food, water and sanitation, health, housing, education, science and culture, improved labour standards, an independent judiciary, a clean environment and the right not to be subjected to forced resettlement. Read More here

PLEA Network
 2 June 2015, Renew Economy, Big Oil turns on Big Coal, but not to save the planet: In a stunning reversal on years of opposition to a global carbon price, the CEOs of six European oil and gas giants have said they are now ready for a price on carbon. But not so they can save the planet. Big Oil has broken ranks with Big Coal in a bid to save its own business model, hoping that an international carbon price will phase out coal and cause more gas to be consumed.

The CEOs of the European oil giants Shell, BP, Total, Statoil, Eni and BG Group, with a combined revenue of $US1.4 trillion – although notably not the US giants Chevron and Exxon – sent letters last Friday to the head of the UN climate negotiations, Christiana Figueres, and Laurent Fabius, France’s Foreign Affairs and International Development Minister who will also lead the Paris climate talks later this year. Read More here