Tagged: eu

Fossil of the Day

The First Place Fossil is awarded to USA, Canada, Russia, Japan and New Zealand for running away from a legally binding, multilateral rules based regime. To the USA – seriously, get over your exceptionalism and agree to common accounting rules already. Canada you are exceptional in ways we cannot communicate diplomatically during a fossil presentation, but it is not good – withdrawing from the Kyoto Protocol is completely unacceptable and your target is an insult to the most vulnerable. As for Japan, Russia and New Zealand – you still have a chance to support the only legally binding regime and commit to ambitious targets for the second commitment period (and that means no AAU carry over, Russia). We are looking to hearing from you by the end of the week, because really, do we want to be lumped into this low-ambition group?

The Second Place Fossil is awarded to New Zealand. Unlike its neighbour to the west, New Zealand decided not to put its target into the second commitment period, citing spurious grounds when the reality is that it is just a massive display of irresponsibility. Its island partners in the Pacific should think again before ever trusting NZ again.

The Ray of the Day goes to the EU for having already reached their pledged 2020 target almost 10 years ahead of time!
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Clarifying Clarifications

The two panels on quantified economy-wide emission reduction targets by developed country Parties left ECO feeling that there was something missing since Bali – like four years perhaps? – or a bit of ambition?

Surely Parties can cite 1(b)(i) from the Bali Action Plan in their sleep (“comparable” – remember)? Yet, as St Lucia pointed out, we still have different base years and metrics. That’s not going to help spotting the loopholes and freeloaders – oh sorry…everyone’s acting in good faith so no need to worry about transparency.

All in all, there are some surprisingly unsophisticated approaches on the table from some rather sophisticated economies – putting forward point targets rather than carbon budgets. And yes, ECO’s talking about those north of Latin America. This includes no clear idea how international credits used by states and provinces are going to affect the national level.  ECO was intrigued at issues for California being considered “within the noise” of measurement. Yes, who could possibly be concerned about accounting problems within an economy the size of Australia?

And talking of the latter – ECO believes the EU’s urgings were heard loud and clear.  Australia and New Zealand, you’re wanted in the KP.  As they say in those parts, “Come on Australia.”
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