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  • Author: Luigi Carafa
  • Publication Date: 04-2015
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The United States and China recently announced a joint climate agreement that creates unprecedented political momentum for the Paris COP21 to be held in December 2015. Yet, it is unclear whether such a deal is an historic breakthrough or business as usual policy. A closer look at the US-China climate agreement shows that the chances that the agreed measures have of limiting global warming to 2°C are very few. If seen in terms of concrete policy action, the US pledge comes closer to a pathway compatible with a 2°C target. By contrast, however, China's pledges are far from consistent with a 2°C pathway. As the COP21 approaches, it is becoming clear that China matters more than ever for an effective climate deal. But it is also becoming increasingly clear that, in the best case scenario, Beijing will support a start now/sprint later agreement in Paris.
  • Topic: Climate Change
  • Political Geography: United States, China
  • Author: Steinar Andresen
  • Publication Date: 04-2015
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: Most observers agree that more than 20 years of UN climate negotiations have been a failure. Some argue that the top-down approach is one important reason for this and that a bottom-up approach or more exclusive club approaches would have rendered better results. Based on experience with these approaches so far this is far from self-evident and there are limits to what can be achieved by clever institutional design when deep-seated political conflicts prevail. Many approaches are also hybrids between the various approaches and the future climate regime will probably contain elements of both the top-down and the bottom-up approach. However no quick fixes can be expected for this exceedingly 'malign' problem.
  • Topic: Climate Change
  • Author: Tomas Wyns
  • Publication Date: 04-2015
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: Intended nationally determined contributions (INDCs) for mitigation of greenhouse gas emissions are expected to be an important part of a post-2020 climate agreement under the UNFCCC. However, it is not certain yet what these INDCs will contain and how they will be assessed. The EU Emissions Trading System (EU ETS) faced similar challenges in its first years (2005-12). Thus, the mechanisms and lessons learned under the EU ETS could be applied to the INDCs to create a governance and assessment system that increases transparency and builds trust among parties to the UNFCCC.
  • Topic: Climate Change
  • Political Geography: Europe
  • Author: Jennie C. Stephens
  • Publication Date: 04-2015
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: As the threats of climate change grow, the need to reduce carbon dioxide (CO2) emissions from fossil fuel burning is increasingly acknowledged by governments around the world. The potential of carbon capture and storage (CCS), a set of technologies that offers a politically appealing vision of a 'cleaner' way to use fossil fuels, has provided powerful motivation for large public and private investments in CCS technology. But investing in CCS is controversial because, although some consider it a critical climate mitigation technology, others view it as an expensive fossil fuel subsidy that could inadvertently perpetuate, rather than reduce, fossil fuel reliance.
  • Topic: Climate Change, Government