Sunday, November 20, 2011
Energy markets or energy governance?
As uprisings and political entanglements dominate agendas, the biggest crisis of all must not catch us off guard.
This month, the International Energy Agency will publish its annual report, the internationally definitive World Energy Outlook, which will confirm that we are not on the right track to reduce global warming. If the current trend in energy production continues, the earth's average temperature will be more than two degrees Celsius higher in 2100 than it was in 1990, irreversibly harming the planet and conditions for human life.
Other, more immediate crises are occupying the world's attention almost completely, distracting governments and citizens alike from the energy challenges that are still before us. In the United States, there has been no energy debate at the federal level for a long time; the European Union is in the eye of a financial hurricane; and the emerging countries want to maintain rapid economic growth in order to lift millions out of poverty. In this context, the next meeting of the United Nations Framework Convention on Climate Change (UNFCCC), set for the end of November in Durban, South Africa, is passing totally unnoticed.
See full Article.
