"A declaration of climate emergency (as per UN’s emission reduction requirements) will dent the developmental goals and increase energy prices. Besides, it will also result in the tax payers funded transition to a less reliable energy system ...
Speaking at the Climate Ambition Summit to mark the 5th anniversary of the Paris Agreement, UN chief Antonio Guterres implored, “Today, I call on all leaders worldwide to declare a State of Climate Emergency in their countries until carbon neutrality is reached.”
'We need meaningful cuts now to reduce global emissions by 45 per cent by 2030 compared with 2010 levels'.
... Studies on the relationship between GDP and energy growth indicate that “It is very difficult to reconcile reductions in carbon dioxide emissions with continued economic growth, especially in poor and medium rich countries,” as most of the world’s primary energy comes from fossil fuels.
A call for 45 percent reduction in carbon dioxide emission will be suicidal for the energy sectors in the developing world, most of which depend on coal, oil, and Natural gas. 84% of the world’s primary energy comes from Fossil fuels (2019) and just 11% coming from Renewables.
... The actual fossil fuel consumption has technically increased and will continue to increase in future, as developing economies are wary of falling back in the dark ages of energy poverty.
... Data from renewable energy dominated states like California and from countries like Germany and UK, show that excessive investment and dependency on renewable energy has actually resulted in increased electricity prices.
... India ... is likely to become the most populous country in the world by 2030 and it will have to risk millions of poor people falling back into the extreme poverty category if it were to amend its commitments to Paris agreement as per Gueterres’ suggestions.
... India’s Economic Survey 2018-2019 categorically stated, “While there has been a tremendous increase in renewable energy capacity, fossil fuels, especially coal, would continue to remain an important source of energy.” The survey added, “Further, considering the intermittency of renewable power supply, unless sufficient technological breakthrough in energy storage happens in the near future, it is unlikely that thermal (fossil fuel) power can be easily replaced as the main source of energy for a growing economy such as India.”
This is likely the reason why Prime Minister Modi refused set a deadline for India’s proposed 30-35% reduction in emissions. India had recently doubled its mining exploration activity by implementing about 400 new projects. ... According to India’s Central Electricity Authority, 50% of India’s electricity generation in 2030 will continue to come from coal.
... The only reasoning provided for a future climate catastrophe is the temperature projections from computer climate models, collectively known as CMIP (Coupled Model Intercomparison Project). The UN uses the most recent versions of CMIP (5 & 6) to frame climate policy decisions and the mainstream media and academic institutions regard these models as the gold standard in climate forecasting.
... Recent research has shown “that climate models overstate atmospheric warming”. The warming projected by these models have been found to be 4 to 5 times faster than the actual temperature observations on ground.
... The call for emission reduction will be economically damaging, and to severe extent, in the developing countries."
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Friday, December 25, 2020
UN’s call for ‘climate emergency’ = misery in developing countries
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