Speaking of COP: COP28 wrapped up this week with real, pragmatic progress. We saw nearly 200 countries come together and embrace using every low- and zero-carbon technology, oil companies finally agree to significantly reduce emissions from methane leaks, and an agreement on funding to help developing countries deal with the economic impacts of climate change. What we did not see is empty commitments to goals, like a phase-out of fossil fuels, which the world is not prepared to achieve yet and risks
undermining serious progress.
Here’s our take: The conversation needs to be centered on actions we can and must accomplish now and that a broad set of public and actors can get behind.
As Josh Freed, Senior Vice President for the Climate and Energy Team, notes in a new blog,
“Part of the reason the agreed-upon language is mercifully vague and unenforceable is that there is still no pathway, even for advanced economies like the United States, to phase out fossil fuels. Even small spikes in energy prices have sent political shockwaves across the US, let alone countries in Europe dealing with even deeper economic and political dissatisfaction. That’s because we simply don’t have enough affordable alternatives, particularly in transportation and industry, for most people to envision seriously phasing out fossil fuels. To get to this transition, we need to keep the biggest champions of clean energy and climate action, like President Biden, in office by making clean energy much cheaper. To demand anything else – especially an end to oil and gas extraction in an election year – will only result in disaster for us.”
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