Arrow-right Camera
The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Down To Earth

Friday Quote: “As Durban Deal Draws Near, the Big Carbon Emitters Should Cut A Deal”

 

The expected end game of the international climate talks in Durban is shaping up to be a fierce stand off.

A showdown has emerged between the EU and other parties over their conditions for agreeing to a second commitment period of the Kyoto Protocol. The first commitment period will expire in 2012. If it is not renewed the fate of the instruments that support the world’s fragile carbon market is uncertain.

Japan, Russia and Canada have all signaled that they are unwilling to continue with a second commitment of binding emission cuts for the treaty leaving only the EU ready to move forward.

But the conditions the EU has asked for at this meeting to preserve the Kyoto Protocol are steep. In exchange for their commitment they expect everyone else – in particular the other large greenhouse gas emitters like the U.S., China, and India – to begin a roadmap for a process that will create a binding agreement on reducing emissions later in the decade. What we now know as the “mandate” debate has pulled everyone into a discussion over the fate of the Kyoto Protocol — including the U.S., which is not a party to it.

While the fate of U.S. emissions is not bound to the fate of the Kyoto Protocol, the fate of many of the most important achievements of the Obama administration in this forum are now tied to Kyoto through the mandate debate. Included in this list are the institutions that were created out of last year’s meeting in Cancun – such as the Green Climate Fund (tasked with mobilizing a large chunk of the promised $100 billion a year in climate financing by 2020) and the Clean Technology Center and Network – as well as progress they have made on pushing for a more rigorous system of transparency for measuring, reporting, and verifying (MRV) promises for emission reductions.

The dominoes could fall like this: If the U.S. and other parties say no to the EU demand for a mandate on a process of a new binding agreement, then the EU could in turn say no to a re-commitment to the Kyoto Protocol.

If the EU passes on the Kyoto Protocol, then the G77 (representing most developing countries at this meeting) — which has been adamant in their insistence this year that the extension of the Kyoto Protocol was absolutely critical to them — could walk away. And if that happens then all parts of the climate architecture moving through this process could come to a halt. The result would be that the final negotiating text that has been worked out here on the Green Climate Fund, the Clean Technology Center, and MRV could be left abandoned with no possibility of approving it before the parties go home. We’d have to wait another year until these valuable institutions were potentially picked up again and made a reality.

With this much at stake, why would parties say no to the EU’s demands? Read the rest from Think Progress HERE.



Down To Earth

The DTE blog is committed to reporting and sharing environmental news and sustainability information from across the Inland Northwest.