I am aware of our 'carbon foot prints' and how that is effecting future generations. I am also aware of the waste that most people contribute to on a daily basis. I am still undecided on what I think about the subject of 'Global Warming'; I occasionally look at the history of our planet and know that we have had extreme climate changes even before there were factories and vehicle exhaust. I need to do a lot of research and learning to have a stronger opinion. But there are somethings that I had never thought of, until reading a question that had been part of my grand daughter's college final exam.
No matter what your thoughts of about Global Warming, some of the points made in this little article were eye opening; subjects I had never thought of. Guess this is what happens when you have been out of school for 40 years.
Here's what i read -
If It Warms Up, Who's Going to Pay?
Poorer countries insist there will be no
environmental agreement unless wealthy countries help them adapt to the
possible effects of global warming.
By SAMUEL FANKHAUSER
John Weber
As the most important environmental conference in more than a decade gets
under way in Copenhagen this week, much of the talk, as usual, is on reducing
greenhouse-gas emissions.
But there's another issue that needs to be addressed—one that is crucial for
reaching an overall agreement, but doesn't get nearly as much attention.
That issue is adaptation.
Without a deal on how to cope with the possible effects of climate change,
there will be no agreement in Copenhagen—or at any future conference, for that
matter. That's because developing countries, which likely will suffer some of
the worst impact of any significant warming, have made it clear that they will
not agree to an emissions-reduction package without substantial help in coping
with the increased flooding, drought and disease that many scientists say will
result from a warming planet.
Reaching such a deal won't be easy. But the good news is that it's a lot
more doable than it was just a few years ago, when just talking about
adaptation was thought to mean giving up on reducing emissions. By contrast, a
growing number of people now believe that some adaptation is unavoidable.
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environment.
How much adaptation? That's hard to say. But many scientists doubt we will
halt global warming at less than two degrees Celsius (3.6 degress Fahrenheit).
That may not sound like much. But just look around to see how fine-tuned our
economies are to the current climate. A change of two degrees will potentially
affect consumer behavior (where we live, what we wear, where we go on
vacation), production decisions (how we produce our food) and the design of our
buildings and infrastructure.
More specifically, if temperatures were to rise by two degrees or more,
farmers might have to change crops, planting dates, fertilizer and pesticide
regimes. Water companies might have to invest in new reservoirs, and maybe
build desalination plants to deal with droughts. Hydroelectric-power stations
might have to be adapted to accommodate different rainfall patterns.
Electricity grids might have to be strengthened to deal with demand surges
during heat waves. Coastal infrastructure, including seaports, power stations,
roads, tourist beaches, levees and dikes, might have to be redesigned in
response to rising sea levels. Settlements in areas prone to storms, floods or
forest fires might have to be fortified or moved. Health services might have to
prepare for heat waves and (in developing countries) for additional cases of
malaria and other vector-borne diseases. And that's just for starters.
I'm not predicting all these things will definitely happen. But if just some
of these changes are forced upon us, we're talking about major upheavals—and
the need for major resources, especially in poorer countries.
So, how can developed countries and emerging nations reach an agreement on
adaptation? I see the need to come together on four key contentious issues.
Framing the Issue
Most developing countries see support for adaptation measures as, in
essence, compensation for the damage caused by the emissions of developed
countries. You broke it, you fix it. But such a concept is a nonstarter as far
as the developed world is concerned. Compensation implies liability, and if the
developed world is "responsible" for the damage caused by global
warming, then payments to compensate for that damage are likely to be more
open-ended, outside their control and potentially subject to litigation. In
addition, developed countries say, the relative contributions to global warming
are evolving, and developing nations are increasingly doing their part in
worsening the problem.
It's a fundamental difference, but one I believe is surmountable. Rather
than see adaptation support as compensation for damages, I suggest it is better
to consider it as a way to show global solidarity, to fairly deal with a shared
challenge. The strong should help out the weak.
This isn't just a matter of semantics. "Solidarity" takes the
question of responsibility off the table, making it more likely the developed
countries will go along with an agreement and possibly allowing developing
countries to get funds more easily. Such an approach may seem like a nuanced
difference, but it has the potential to break down some psychological barriers
on both sides, and allow all the parties to move forward.
How Much Money?
This issue is the most obvious, and in many ways the most vexing in the long
term: How much money do we need to set aside?
We aren't talking a pittance here. An agreement could mean financial
transfers totaling tens of billions of dollars a year, so the debate is going
to be a fierce one. Clearly, the developing countries are going to be looking
for as much as possible, while the industrial countries are going to try to
keep the amount of money they have to contribute at what they consider will be
a reasonable, and presumably lower, level.
The problem right now is that nobody knows for sure what adaptation will
cost. Some rough estimates exist: The World Bank figures adaptation costs might
total $75 billion to $100 billion a year by 2030; the United Nations Framework
Convention on Climate commissioned a study that came to roughly the same
conclusion. But both organizations admit their figures are speculative. And the
reality is that adding up the countless measures people may need to take to
deal with climate change is pretty much impossible.
So let's not even try at this point. Negotiators in Copenhagen do not need
to agree on a final figure. Instead, they should agree on an initial target
amount, based on the World Bank and the U.N. figures, and set up a review
process to adjust payments as we find out more about our adaptation needs.
What's more, payments can be phased to start with priority needs, such as
steps to deal with current climate events—things like storm-warning systems and
crop-insurance programs. Many of these initial steps will be relatively cheap.
In a world where so much is uncertain and our understanding is bound to
improve, it would be irrational to lock in our spending in advance. It is like
the Federal Reserve freezing interest rates for several years ahead; we know
there will be developments that require fine-tuning.
Who Makes the Decisions?
The third place where we need agreement in Copenhagen is how adaptation
funding should be governed—that is, who makes spending decisions, and how do
they decide on spending priorities?
Again, the disagreement is pretty basic: Everybody wants to call the shots.
Developed countries believe the traditional institutions, such as the World
Bank and the Global Environment Facility, should play the same roles with
adaptation funds as they do with development aid: evaluating projects, handing
out funds, monitoring their success or failure. After all, developed countries
say, they have a responsibility to their taxpayers to make sure adaptation
money is well spent.
But developing nations fear these traditional institutions, dominated by
developed nations, will be too slow and too stingy. And they argue that
adaptation funding is a different animal than development aid. They object to
being forced once again into the role of the weak—and presumably
grateful—recipients of aid from donor countries, when they believe it was these
donor countries that caused the problem in the first place.
Countries reached a breakthrough on the question two years ago in Bali, when
they set up a new Adaptation Fund governed by a board made up of
representatives from both developed and developing countries.
But so far the truth is that such power sharing exists only in theory. The
Adaptation Fund consists of little more than a governing board at this point,
and is responsible for a fraction of the money set aside to deal with global
warming's impact. Most funds targeting such assistance still come through the
traditional institutions.
In the future, developing countries insist, the Adaptation Fund should wield
control over more of the funds directed at adaptation spending. Rather than
relying on institutions such as the World Bank to identify, appraise, implement
and monitor adaptation projects, they say, such oversight should be the
province of individual countries.
Complicating matters is how impossible it is to tell whether any particular
need is the result of climate change or simply normal climate variability. A
drought is a drought, no matter what the underlying cause. And yet for
developed nations, the cause determines whether the money should be funded
separately from baseline development aid, or as part of it.
One possible solution is to let developing countries write their own
development and adaptation plans in consultation with aid agencies. These plans
already exist to coordinate development aid, but from now on they should also
cover adaptation.
This will only work for countries that have the governance necessary to
control such spending. Where that is not the case adaptation spending would
have to be overseen by the more traditional aid institutions.
Where the Money Comes From?
The fourth issue that needs to be settled in Copenhagen is the actual source
of financing.
This has to be one of the worst moment in decades to raise funding for
international causes. After bank bailouts and multibillion-dollar
economic-stimulus packages, most industrialized countries are facing massive
government deficits. They are preparing for painful spending cuts over the
medium term. It is an unfortunate moment, clearly, to talk about new funding
commitments.
Still, even if times were less dire, the funding discussion would be
fraught. The easiest way by far would be for developed countries to simply
increase their aid budgets. But developing countries balk at that for two
reasons.
First, developed countries have a history of generous pledges on which they
don't deliver. Second, even if they did pay up, there is a strong suspicion
that part of the payments would simply be relabeled development aid. That is,
the money would not be an addition to what is already pledged.
The search is therefore on for new, independent sources of money. This is
easier said than done. New sources of finance usually mean giving
revenue-raising powers to international organizations such as the United
Nations, or curtailing the fiscal sovereignty of national treasuries, or both.
Finance ministers will veto any such proposal as a matter of principle. Would
the Senate ratify a treaty that allows the U.N. to raise money directly from
U.S. corporations? Unlikely.
So, the challenge in Copenhagen is to find a source of money that maintains
the sovereignty of national treasuries but gives developing countries
confidence that the money will be forthcoming. There is no silver bullet yet,
but it is likely that several sources of finance will have to be tapped. They
will have different features, appealing to the different constituencies to
different degrees. But revenues will almost certainly have to be shared with
other climate-change objectives, such as the development and dissemination of
new technologies.
Many options have been put forward. One of the most intriguing suggestions
is the sale of additional emission rights to countries unable to meet their
emission-reduction targets. Another proposal is a tax on international aviation
and shipping, two important sources of carbon emissions that are currently
outside the Kyoto Protocol, the international treaty to fight global warming.
The main source of support for the Adaptation Fund at the moment is a levy
on emission-reduction projects under the international carbon-trading program
set up by the Kyoto Protocol. The levy gives 2% of the emission-reduction
credits generated by, say, a new wind farm or a reforestation project to the
Adaptation Fund, which then can sell the credits on the secondary market.
Although it goes against economic logic to tax emission reductions, rather than
emissions themselves, the levy could be extended, particularly if Copenhagen
leads to the expected reform of the global carbon market.
The outcome of the Copenhagen summit is still in the balance. We can expect
that there will be some sort of agreement, but how substantial it will be is
very much up in the air. A deal on adaptation would go a long way toward
securing a successful Copenhagen outcome.
Mr. Fankhauser is a principal fellow at the Grantham Research
Institute on Climate Change at the London School of Economics.
Now - there are many parts of this article that really tick me off but I won't even go there right now. But there are many facts worth thinking about.
More about all this after I have done much research, to share.
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