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Climate Change News – November 3, 2006
 
Brought to you by the Environmental and Energy Study Institute               Carol Werner, Executive Director
 
 
Stern Report Says Climate Mitigation a Better Economic Choice Than Inaction
 
On October 30, the Stern Review on the Economics of Climate Change was published. The Review calculates that the total cost of climate change could be as high as 20 percent of global GDP if the world continues with the “business-as-usual” scenario and does not take action to arrest climate change. The cost to avoid the worst impacts of climate change and stabilize at 500-550 parts per million of carbon dioxide equivalent (ppm CO2e), however, can be limited to around one percent of GDP by 2050. A higher concentration than 550 ppm CO2e will substantially increase risks without comparatively reducing the expected costs.
 
If no action is taken to cut emissions, each ton of carbon dioxide that is being emitted now causes damage costing at least $85. Emissions can be cut for less than $25 a ton so that reducing emissions makes economies better off. "According to one measure, the benefits over time of actions to shift the world onto a low-carbon path could be in the order of $2.5 trillion each year," notes the press release for the report. A low-carbon economy will bring opportunities and markets for low-carbon technologies that could potentially be worth at least $500 billion by 2050.
 
Stern warns that climate change may initially have small positive effects for a few developed countries, but it is likely to be very damaging as even higher temperature increases are expected by mid- to late-century if no action is taken. For instance, in the United States, the annual damage costs from hurricanes are projected to double with a five or 10 percent increase in hurricane wind speed, which has been linked to rising sea temperatures. The Review terms tackling climate change  a "pro-growth strategy."

Click on the following link for the full report: HM Treasury
 

Mixed Reaction to the UK’s Stern Report on the Economics of Climate Change
 
The Stern Report, commissioned by the UK’s Prime Minister and Chancellor, elicited a mixed response among key countries across the world. While the United States merely acknowledged the Report, Australia was more vocal. Australian Resources Minister Ian Macfarlane said that the Stern Report would not change the government's mind on the ratification of the Kyoto Protocol. "You cannot have an effective response to global warming unless you have all of the culprits in the net," Australian Prime Minister John Howard told the parliament. However, Howard did not reject the idea of Australia becoming a part of an emissions trading system. "I would be willing to look at an emissions trading system around the world, of which Australia were part, but it would have to include the nations of the world."
 
Europe endorsed the findings and the European Commission chief, Jose Manuel Barroso, said that "European Union has to take the lead in the fight against climate change." "The conclusions of this report impose a new political orientation. Translating the impact of climate change into costs and financial impact must have an effect on even the most recalcitrant government," Italian Ecology Minister Alfonso Pecorario Scanio said. Some of the UK's leading businesses have also welcomed the report. Speaking on behalf of the Corporate Leaders Group on Climate Change, Shell UK Chairman James Smith said that companies and countries taking the lead in the transition to a low-carbon future will benefit economically.
 
China and India chose not to comment on the report. Lu Xuedu, deputy director at China's Office of Global Environmental Affairs, said at a meeting, "You cannot tell people who are struggling to earn enough to eat that they need to reduce their emissions." British Foreign Secretary Margaret Beckett, who is currently on a visit to India, said that while industrialized countries should take "the lion's share of action .... climate change is a problem that faces all of us, and must be tackled in partnership" with countries such as India.

Click on the following links for the full news stories: AFP (1)AFP (2), Reuters (1)Reuters (2)The Australian and University of Cambridge News 
 

GHG Emissions from Industrialized Nations Show an Upward Trend
 
The UN Framework Convention on Climate Change (UNFCCC) secretariat released new data on October 30 showing an increasing trend in greenhouse gas emissions of industrialized countries during 2000–2004. Between 1990-2004, the emissions of industrialized countries (excluding economies in transition or EITs) that are parties to the UNFCCC grew by 11 percent. Transport particularly stands out as a sector where serious reductions are urgently required. Emissions from this sector rose by 23.9 percent from 1990-2004.
 
The United States saw an increase of 15.8 percent in total emissions over the period 1990-2004. Emissions from EITs as a group also increased by 4.1 percent in the period 2000-2004. UNFCCC Executive Secretary Yvo de Boer said, “This means that industrialized countries will need to intensify their efforts to implement strong policies which reduce greenhouse gas emissions.”
 
In 2004, the combined emissions of industrialized countries that are parties to the Kyoto Protocol were 15.3 percent below the 1990 level, even as individual performances varied.
 
Click on the following links for the full news stories: UNFCCC (pdf format), UNFCCC GHG Data 2006 booklet (pdf format) and Reuters 
 

MIT Survey: Climate Change Tops Americans' Environmental Concerns
 
According to a recent MIT survey, Americans now rank climate change as the country's most pressing environmental problem—a dramatic shift from three years ago—when they ranked climate change sixth out of 10 environmental concerns. Almost three-quarters of the respondents felt the government should do more to deal with global warming, and individuals were willing to spend their own money to help. In 2003, people were willing to pay on average $14 more per month on their electricity bill to “solve” global warming. In 2006 they agreed to pay $21 more per month—a 50 percent increase in their willingness to pay.
 
Compared to a similar 2003 MIT survey, the environment continues to rank in the middle of the list of “most important issues facing the U.S. today.” However, among 10 environmental problems, global warming (or climate change) now tops the list: Almost half the respondents put global warming in first or second place. In 2003, the destruction of ecosystems, water pollution, and toxic waste were far higher priorities.
 
In designing and administering the surveys, the research team collaborated with Knowledge Networks, a company that specializes in Internet-based public opinion surveys. More than 1,200 people answered each survey
 
Click on the following links for the full news stories: Massachusetts Institute of Technology and MIT Carbon Sequestration Initiative 
 

National Poll Addresses Climate in Context of November 7 Elections
 
A new national public opinion poll commissioned by Earth Day Network shows state and congressional candidates who address global warming before the November 7th elections will stand a better chance with Democrats and Independents, who are much more likely than Republicans to consider it a major election issue.
 
The poll of 1020 adults, taken Oct. 26-29, also shows that Global Warming will be a major issue for Democrats and Independents in the 2008 presidential election, but once again, not as much for Republicans. “Our poll reveals that the American public demands that candidates step up to the plate and solve Global Warming,” said Earth Day Network President Kathleen Rogers. “Any state or national candidate who ignores these results, who fails to articulate a plan or even downplays this worldwide crisis, could lose votes on November 7th – it’s that simple.”
 
Among key results: Nearly half (46 percent) of Americans say it is very to extremely important that candidates in the November 7th elections state their plans to deal with Global Warming, which is twice the percentage (23 percent) of those who say it’s not; When asked the same question about the 2008 presidential election, there’s a slight shift in importance among Americans in general, from 46% to 49%, who say it is very to extremely important for the presidential candidates to state their plans to deal with global warming.
 
Click on the following link for the full news story: Earth Day Network 
 

Alaskans Consider Global Warming a Serious Future Threat
 
A statewide poll on global warming released this October shows that Alaskans are confident that global warming is occurring and causing significant changes and adverse impacts, and consider it a serious future threat. The poll, conducted by Decision Research, reveals that 81 percent of Alaskans are convinced that global warming is happening, and most blame it for already causing or accelerating sea ice loss (83 percent), melting permafrost (82 percent), causing coastal erosion (74 percent) and forest fires (72 percent). Global warming is a serious threat to people for 71 percent of Alaskans, while 76 percent see it as a serious threat to plants and animals; 63 percent trust environmental organizations to be truthful about the phenomenon.
 
Prospects for federal government regulation of greenhouse gas (GHG) emissions from power plants enjoys support among 81 percent of Alaskans. A majority of them (55 percent) believe that humans through their use of fossil fuels are responsible for the warming. The findings, summarized in a report entitled 'Alaskan Opinions on Global Warming,' are a result of a statewide telephone survey with 1,016 adults, carried out during May and June 2006.
 
Click on the following link for the full news story: Decision Research (pdf format) 
 

Federal Agencies Investigate Claims that Bush Suppressed Global Warming Research
 
Inspectors general from the Commerce Department, which oversees the National Oceanic and Atmospheric Administration (NOAA), and the National Aeronautics and Space Administration (NASA) are investigating whether the Bush administration tried to prevent government scientists from speaking freely about global warming and censor their research.
 
These comments were made by Sen. Lautenberg (D-NJ), who called for a formal investigation in September after reports that the Bush administration blocked publication of NOAA research linking global warming with increasing hurricane intensity and strength. He said that the investigations "will uncover internal documents and agency correspondence that may expose widespread misconduct." Investigation findings will be made public early next year.
 
Click on the following links for the full news stories: International Herald TribuneGuardian and Sen. Lautenberg
 

Senators Rockefeller and Snowe Request That ExxonMobil End Funding of Campaign Denying Global Climate Change
 
On October 27, Senators Jay Rockefeller IV (D-WV) and Olympia Snowe (R-ME) sent a letter to Rex Tillerson, Chairman and Chief Executive Officer of ExxonMobil Corporation, calling on the world’s largest oil company to end its funding of a climate change denial campaign. The letter said (in part) that, "We are convinced that ExxonMobil’s longstanding support of a small cadre of global climate change skeptics, and those skeptics’ access to and influence on government policymakers, have made it increasingly difficult for the United States to demonstrate the moral clarity it needs across all facets of its diplomacy."
 
The letter stated that, "We are ready to work with you and any other past corporate sponsor of the denial campaign on proactive strategies to promote energy efficiency, to expand the use of clean, alternative, and renewable fuels, to accelerate innovation to responsibly extend the useful life of our fossil fuel reserves, and to foster greater understanding of the necessity of action on a truly global scale before it is too late."
 
Click on the following links for the full news stories: ABC and Senator Snowe 
 

Post-Kyoto Framework by 2009, Says UK
 
British Environment Minister Ian Pearson called for countries to agree by 2009 on a post-Kyoto framework to reduce greenhouse gas (GHG) emissions, and urged China to sign on the new deal. Pearson said at the first Carbon Expo Asia in Beijing, "We hope Nairobi will make progress along the road to agreement. We think we need to reach an agreement as soon as possible. 2008-2009 looks a sensible timeframe." The parties under the UN Framework Convention on Climate Change (UNFCCC) will meet for their two week-long annual conference in Nairobi beginning November 6.
 
"We hope that by 2008, or at the latest 2009, we can reach an agreement, but it is not something that the Chinese government can resolve alone," said Gao Guangsheng, director general, National Coordination Committee for Climate Change. China wants emissions reduction targets that are as tough, if not more, as the Kyoto targets, but is not willing to cap its own emissions, citing historical responsibility of richer countries and China's low per capita emissions as the reason. Pearson noted that if China's manufacturing sector does not respond to green trends in the consumer market abroad, it will be left behind. He said, "As a manufacturing world superpower, it is in China's interest to respond to these trends and to support the development of a post-2012 framework."
 
Click on the following links for the full news stories: Reuters (1) and Reuters (2) 
 

Global Warming Will Bring More Insects
 
According to new research published in the October issue of The American Naturalist, insects that are able to adapt to warmer temperatures have a higher population growth rate. "Warmer is better" for insects, says lead author Melanie Frazier, who is with the Biology Department at University of Washington. "Here we show that cold-adapted insect species have much lower maximum rates of population growth than do warm-adapted species...," the authors write in the abstract.
 
"Enhanced population growth rates for butterflies might be a good thing, but enhanced growth rates for mosquito populations is much more dubious," said Frazier. Faster growth rates are likely to have a crucial impact on agriculture, public health and conservation. According to the research, higher growth rates may even potentially alter entire ecosystems since characteristics such as species diversity and food webs are very sensitive to growth rates of species living and interacting in the ecosystems.
 
Click on the following links for the full news stories: University of Washington News and The American Naturalist 
 

Australia to Host Southern Hemisphere's Biggest Wind Farm
 
Australia's second major project  to cut greenhouse gas emissions (see Climate Change News 10.27.06) will be a wind farm. The 183-turbine farm over 55 square kilometers—the largest in the Southern Hemisphere—will require an investment of about US $460 million, and will be built in western Victoria. With a generating capacity of up to 329 megawatts of electricity, the farm will be able to power almost 190,000 homes annually. Victoria state planning minister Rob Hulls said that the wind project will help the state government achieve its target of sourcing 10 percent of electricity from renewable sources by 2016.
 
Click on the following links for the full news stories: Energy Daily and The Age 
 
 
EESI Briefings
 
November 13, 2006        Stern Review on the Economics of Climate Change
 
The Environmental and Energy Study Institute (EESI) invites you to a Congressional briefing highlighting the findings of the UK’s just-released 700 page “Stern Review on the Economics of Climate Change” which addresses the costs of inaction on climate change versus the costs of action. The Review, under the aegis of the UK Prime Minister and Chancellor, was commissioned by the Chancellor in July last year. The briefing will be held Monday, November 13, from 3:00-4:00 p.m. in room 2360 of the Rayburn House Office Building. This briefing is open to the public and no reservations are required. For more information, please contact Fred Beck at fbeck@eesi.org or 202.662.1892, or click on the following link: EESI
 
 
DVD’s Available: Copies of DVD's are available of EESI's recent climate briefings: "Agriculture and Climate Change: Threats and Opportunities," May 24, 2005; "What Does Climate Change Mean for the Arctic? How is Alaska Being Affected?," March 15, 2005; "Perspectives on Climate Change: Business Initiatives to Reduce Greenhouse Gas Emissions," November 18, 2004; State and Local Government Climate Change Efforts,” September 28, 2004; Climate Change Post 2100,” September 21, 2004; “Abrupt Climate Change,” September 15, 2004; and Discussing Climate Change: A Multi-faceted View of the Climate Stewardship Act,” June 3, 2004. The discs are $20 ea. (incl. shipping/handling) plus tax 5.75% (DC residents only). Click on the following link to order a DVD: EESI Climate Change DVD's
 

Events
 
November 8, 2006          Legal Dimensions of Climate Change
 
The Second Annual Legal Dimensions of Climate Change Conference will take place on Wednesday, November 8 from 8:15 am - 3:30 pm at the American University Washington College of Law, Room 603, 4801 Massachusetts Avenue NW, Washington, DC. For more information phone 202.274.4075 or click on the following link: American University
 
 
November 15, 2006        Carbon Disclosure, Socially Responsible Investing, and Renewable Energy
 
The American Council On Renewable Energy in collaboration with the American Bar Association's (ABA) Renewable Energy Resources Committee will host a teleconference with a panel of experts who will discuss carbon disclosure laws, private and public equity flow into renewables, the role that organized shareholders and sources of investment capital for renewables. The event takes place on Wednesday, November 15 from 12:00-1:30 pm EDT.  There is a $20 charge for this event.  Click on the following link for more information: ABA
 

This EESI publication is a free, weekly electronic newsletter intended to inform interested parties, particularly the policymaker community, of the latest climate change-related news. Permission for reproduction of this newsletter is granted provided that EESI is properly acknowledged as the source. Past issues are archived on our website, www.eesi.orgunder "Publications."  Please click here to subscribe to this newsletter and other EESI publications. To discontinue receiving this newsletter, please notify Fredric Beck at fbeck@eesi.org or 202-662-1892.


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