Cancun Recognizes The Goal Of 25-40% CO2 Reduction During The Next 10 Years

Obama may well make this happen in the US through economic collapse. Evo will be proud, though I am sure he will complain it didn’t go far enough.

Elections have consequences.

About Tony Heller

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6 Responses to Cancun Recognizes The Goal Of 25-40% CO2 Reduction During The Next 10 Years

  1. MikeTheDenier says:

    ” Recognizes The Goal ” are weasel words for WE CAN’T GET ANY AGREEMENT.

  2. Obama is who 52% of voters wanted. With this deal he made with Republicans this week he’s working on getting re-elected. Think it’s too late though. It will take a while to undo his damage.

    • Layne Blanchard says:

      There is reason to believe he doesn’t want the office any longer. Insiders say he has retreated from the duties of his office. Walking away from the podium and leaving Clinton to deal with the press recently is an example. High ranking Dems say he is AWOL from his responsibilities. He’s taking one vacation after another.

      He was accused by one insider of being more interested in ESPN than the issues facing the country.

      I’m curious to see if he will even run for 2012. But the damage already done, and that which is planned are devastating. Obama doesn’t seem to care at all what happens – it is his minions run amok who are tearing us apart.

  3. peterhodges says:

    Obama is who 52% of voters wanted.

    that would be true if obama were not a serial liar.

    52% of the voters wanted what obama said he would do.

  4. harrywr2 says:

    There are different ways to measure CO2 reduction.

    One would be ‘absolute terms’. No one sane government talks about this or has proposed this. They imply this in order to keep the eco’s happy.

    Another would be cuts as a function of GDP. I.E. CO2 emitted per dollar of economic activity. This is the most common cut discussed.

    China claims it will cut it CO2 output by 20% per unit of GDP. The last bit is left off because otherwise the con will be exposed.

    China’s GDP is set to double in the next 10 years. In order to cut 20% per unit of GDP they will actually have to increase emissions by 60% in real terms.

    The third nonsense blathering is ‘cuts compared to BAU.
    Someone cooked up how much emissions would be if the price of fossil fuels stayed constant and the developing world became as wealthy as the developed world. BAU is a pure fiction because if the entire world burned oil at the rate the US does it would need 360 million barrels per day compared to the current 80. Nobody in the oil industry, not even in there wildest fantasies of immense profits believes anywhere near that amount of oil can be extracted at anywhere the current cost.

    So BAU is economically impossible anyway, but to get ‘scary scenarios’ we need the immense emissions contained in the BAU A1F1 scenario.
    Otherwise ‘climate action’ becomes ‘the world will adopt new methods of energy as the price of fossil fuels becomes less competitive with alternatives’.

    The problem with this scenario is that market conditions may outstrip ‘treaty commitments’, leading people to question why we need a treaty and why should we pay off the rent seekers.

    The price of steam coal on Global Markets was $25/tonne in 2002. It’s bouncing around $120 now and expected to hit $140 in 2012. Fuel cost at $140/ton is about 7 cents per KW. Natural Gas/Nuclear/Hydro and Wind are all cheaper then coal.

    **
    The existence of the massive coal deposits and very inexpensive extraction costs of t Powder River Basin in Wyoming keeps US Coal prices severely depressed compared to the rest of the world. The distance from a major sea port makes transporting it to export markets expensive.
    **

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