Paris Climate Talks Begin
At the United Nations Climate Change Conference in Paris, world leaders on Monday suggested that stakes are too high to end negotiations on Dec. 11 without inking a climate deal that would limit global warming to two degrees Celsius over preindustrial levels—the U.N.-declared threshold for avoiding the most dangerous climate change impacts.
NPR reports that observers hope the deal will include three main items: agreement by countries to increase pledges in the future, a rigorous system of accountability to ensure nations keep those pledges, and support for poor countries to adopt low-carbon energy technologies.
A major sticking point for delegates of the nearly 200 countries meeting at the conference is the legal status of the treaty they hope to ink.
“Although the targets themselves may not have the force of treaties, the process, the procedures that ensure transparency and periodic reviews, that needs to be legally binding,” President Obama said in Paris. “…that’s going to be critical.”
Countries Pledge Financing for Clean Energy, Withdraw It for Coal
Another key negotiating point in Paris will be whether developing countries get enough financing to make the transition to clean energy worth it given the comparative cheapness of coal. In an announcement intended to give the U.N. climate talks momentum, the leaders of 19 nations, including the United States and many developing economies, on Monday pledged a doubling of clean energy spending to $20 billion in a deal with 28 corporate leaders (the so-called Breakthrough Energy Coalition spearheaded by Microsoft co-founder Bill Gates) who are putting up billions of their own (subscription).
According to a White House e-mail, the public component of —> Read More