Thursday, 5 November 2015

Why the Paris climate treaty will be the flop of the year

Christopher Booker, Telegraph
China, now easily the world’s largest emitter, contributing 24 per cent of the total, plans by 2030 to double its CO2 emissions, not least by building 363 more coal-fired power stations. India, now the third-largest emitter, plans by 2030 to treble its emissions. The fourth-largest emitter, Russia, despite slashing its emissions after 1990 by closing down much of its old Soviet industry, now proposes to increase them from their 2012 level by up to 38 per cent.
Japan, the fifth-largest emitter, does claim that it will cut its emissions by some 15 per cent, but is still planning to build more coal-fired power plants. Although South Korea, the world’s seventh-largest emitter, claims that it will cut emissions by 23 per cent (not least by buying “carbon credits” that will allow it to “offset” its continuing production of CO2 for cash), even its proposed target will still be 100 per cent higher than it was 25 years ago. ........The only real question that will remain after the failure of this bid for a binding treaty in Paris is how much longer it can be before the most expensive and foolish scare story in history finally falls apart."

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