China’s efforts to shift away from coal will be blunted by the country’s growing carbon footprint overseas, argues Nobel laureate Joseph Stiglitz.
Climate change is now firmly at the top of the agenda, especially in China.
The world’s largest polluter wants to become an example of a less carbon-intensive economy, one which embraces renewable energy, makes the transition away from coal and has the capacity to capture carbon instead of emit it.
But can China ‘decarbonise’ its economy, and what does cutting carbon domestically mean for the rest of the world?
According to the 2001 winner of the Nobel Prize for Economics, Joseph Stiglitz, there is a certain dilemma regarding China’s role in moving towards a low-carbon economy, especially given its deeper engagement with Latin America, the new frontier for the reproduction of Chinese capital.
Latin America will be the target of massive investments, to the tune of US$250 billion (1.55 trillion yuan) over the next decade, Chinese President Xi Jinping promised in January.
“I see that the Chinese Government is very committed to climate change at the national level. But they are also committed to development. This is one of the tensions. China has worked to reduce emissions within the country with some success, but just increasing the GDP causes more emissions,” said Stiglitz at a scientific conference on climate change in Paris earlier this month.
Two thousand researchers attended the conference held at UNESCO’s headquarters entitled Our Common Future Under Climate Change, and were keen to report their findings in advance of the United Nations Conference on Climate Change (COP21), which will be held in Paris at the end of the year.
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As we step into 2020, time has come to implement the Paris Agreement and raise climate ambition, but the geopolitical tide seems to be against it. The best way forward at this crucial juncture might be to forge a ‘climate coalition of the willing’ – recognising and streamlining actions of all actors at all levels.
For the first time in the survey’s 10-year outlook, the top five global risks in terms of likelihood are all environmental. They are: extreme weather events, failure of climate change mitigation and adaptation, major natural disasters, major biodiversity loss and ecosystem collapse, and human-made environmental damage and disasters.
Millions of people across Sub-Saharan Africa could face grave hunger in the first half of 2020 because of armed conflict, political instability and climate change-linked disasters, a report says.
The report published by the UN World Food Programme (WFP) this month says that the countries affected will require life-saving food assistance and investment to prevent humanitarian catastrophes.
Australia is currently experiencing one of its worst bushfire seasons, with swathes of the southern and eastern coastal regions having been ablaze for weeks. As the fires have spread, there has been extensive media coverage both nationally and internationally documenting – and debating – their impacts. This Carbon Brief overview summarises how the fires – and the political response to them – have been covered by the media.