Seeking a global solution through national action in a new world order
4th December 2008
I was kindly invited by the Policy Network to join a high level debate on the current processes of Climate Change, held at LSE. I was overwhelmed by the panel of experts that surrounded me, feeling like I had no way to contribute but standing firm on my grassroot notions led me to a few people who seemed interested in what I hope to achieve.
The key speakers, chaired by former director of LSE Anthony Giddens, were Mutsuyoshi Nishimura (special adviser to the Japanese prime minister and cabinet), and Professor Miranda Schreurs (director of the Environmental Policy Research Centre). The discussion touched upon multifaceted challenges to existing political systems and policy thinking from a
Executive Report
Policies for a low carbon society in the EU,
There was high consensus that Obama’s presidency will push climate change to the top of international agenda, pushing away from the Kyoto Protocol and modify international practices. Prof Schreurs made us aware of the types of policies initiated by
American initiatives and plans:
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- Greenhouse Gas Initiative
- Cap and trade schemes for CO2 from major power plants
- Annual CO2 cuts by 2.5%
The world is aware that we are in trouble but these fears need to be eradicated by tackling the problem. Nishimura said difficulties in solving climate change is policy-maker’s “pathetic lack of the sure solution which is leanest and least expensive”. Administrating solutions will not be cheap, such as creative innovative ‘green’ technology and changing habits within society. A “surest solution” may be Obama’s suggestion of ‘cap and trade’ - this is an approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants. But Nishimura also suggested of integrating a hybrid of global upstream emission trading system (UGETS) and a concomitant technology development policy. This means that an agreed level of climate stability is required across all nations at low cost and without long bureaucratic loopholes, as well as designing a global climate market, which monitors usage of carbon within sectors. Governments must ensure free and unrestrained carbon transactions worldwide.
The key to development is money, so governments need to create a carbon market which issues price signalling with general consensus between government and the public. Key seed money is crucial for R&D – apparently something which the Japanese government is very good at. If cost is minimum, then equity is easier to manage. With this in mind, Nishimura suggested that upstream level is PRO-BUSINESS because it cuts away from tremendous bureaucrat pressures, therefore talking less and doing more.
Burden sharing between the North and South also came up. The developed world are bigger emitters than the South, yet they are paying the same price towards climate change. Also, emerging powers like
In conclusion, international bodies need to decide on common grounds for regulation and achieving results at minimum cost and pressure. First the gap between countries needs to be filled, and simple solutions must be implemented in society – we cannot wait for governments to ‘talk things through’ as the Earth becomes hotter and hotter. There is massive pressure on the Obama administration to change political attitude in climate change policies, but our own governments must act now to solve problems internally.
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