Sunday 13 December 2015

Global Warming

Nations Approve Landmark Climate Accord in Paris

With the sudden bang of a gavel Saturday night, representatives of 195 nations reached a landmark accord that will, for the first time, commit nearly every country to lowering planet-warming greenhouse gas emissions to help stave off the most drastic effects of climate change.

The deal, which was met with an eruption of cheers and ovations from thousands of delegates gathered from around the world, represents a historic breakthrough on an issue that has foiled decades of international efforts to address climate change.

Traditionally, such pacts have required developed economies like the United States to take action to lower greenhouse gas emissions, but they have exempted developing countries like China and India from such obligations.

The accord, which United Nations diplomats have been working toward for nine years, changes that dynamic by requiring action in some form from every country, rich or poor.

“This is truly a historic moment,” the United Nations secretary general, Ban Ki-moon, said in an interview. “For the first time, we have a truly universal agreement on climate change, one of the most crucial problems on earth.”

The new deal will not, on its own, solve global warming. At best, scientists who have analyzed it say, it will cut global greenhouse gas emissions by about half enough as is necessary to stave off an increase in atmospheric temperatures of 2 degrees Celsius or 3.6 degrees Fahrenheit. That is the point at which, scientific studies have concluded, the world will be locked into a future of devastating consequences, including rising sea levels, severe droughts and flooding, widespread food and water shortages and more destructive storms.

But the Paris deal could represent the moment at which, because of a shift in global economic policy, the inexorable rise in planet-warming carbon emissions that started during the Industrial Revolution began to level out and eventually decline.

At the same time, the deal could be viewed as a signal to global financial and energy markets, triggering a fundamental shift away from investment in coal, oil and gas as primary energy sources toward zero-carbon energy sources like wind, solar and nuclear power.

The final language did not fully satisfy everyone. Representatives of some developing nations expressed consternation. Poorer countries had pushed for a legally binding provision requiring that rich countries appropriate a minimum of at least $100 billion a year to help them mitigate and adapt to the ravages of climate change. In the final deal, that $100 billion figure appears only in a preamble, not in the legally binding portion of the agreement.

Despite the historic nature of the Paris climate accord, its success still depends heavily on two factors outside the parameter of the deal: global peer pressure and the actions of future governments.

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