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Cop27: Limits To Growth — Inconvenient Truth Of Our Times

Ahead of the first United Nations environmental summit in Stockholm in 1972, a group of scientists prepared The Limits to Growth report for the Club of Rome. It showed planet Earth’s finite natural resources cannot support ever-growing human consumption. Limits used integrated computer modeling to investigate 12 planetary scenarios of economic growth and their long-term consequences for the environment and natural resources. Emphasizing material limits to growth, it triggered a major debate. Authored by Donella H. Meadows, Dennis L. Meadows, Jørgen Randers and William W. Behrens III, Limits is arguably even more influential today.

The US Is Presenting A Bad, Distracting Plan At UN Climate Talks

Carbon offsets—a business this new U.S. plan seems poised to grow—have been especially controversial; numerous stories and studies over the past several years have suggested they may be worse than useless, plagued by accounting problems while essentially giving companies a green light to keep emitting. As climate talks kicked off in Egypt this week and U.S. Democrats braced for a possible shellacking in Tuesday’s elections, climate envoy John Kerry floated a new initiative for helping countries finance emissions reductions. Hauling out a favorite line, Kerry told The Wall Street Journal that “no government in the world has enough money to affect the transition,” referencing the $1.3 trillion in annual funding developing countries have demanded richer ones furnish by 2030.

Activists Ground Private Jets At Amsterdam’s Schiphol Airport

Over 500 Extinction Rebellion and Greenpeace Netherlands activists have stopped private jets from taking off at Amsterdam Schiphol Airport this afternoon. Activists cycled around the area where private jets are parked and blocked the aircraft. The protesters are concerned about the climate crisis and local residents whose lives are affected by the noise from Schiphol Airport. “We are immensely proud of everyone who took part in this peaceful action today against Schiphol Airport’s immense pollution and unnecessary luxury flights by private aircraft. This protest shows that people are no longer willing to put up with the unbridled growth of the aviation industry.

Sinking Nation Tuvalu Calls For Treaty Ending Fossil Fuel Use At COP27

In the late 1960s, when the nations of the world were concerned about the spread of a potentially civilization-ending technology, they came together and signed the Treaty on the Non-Proliferation of Nuclear Weapons. Now, in the face of a civilization-threatening climate crisis, a vulnerable island nation wants to do the same thing for the fossil fuels responsible. The Pacific island of Tuvalu became the first country to call for a fossil fuel non-proliferation treaty at a UN climate conference on Tuesday. “We all know that the leading cause of climate crisis is fossil fuels,” Tuvalu Prime Minister Kausea Natano said as he addressed world leaders at COP27 in Sharm El-Sheikh, Egypt.

US Mega-Banks Behind 1/3 Of Climate-Destroying Oil And Gas Expansion

Wednesday is Finance Day at COP27, the United Nations climate summit in Sharm El-Sheikh, Egypt, and the advocacy group Rainforest Action Network published a report exposing how major U.S. banks are financing hundreds of billions of dollars worth of fossil fuel projects—even as they tout their purported commitment to a low-carbon future. "The world's climate and energy scientists have set forth a clear mandate: In order to maintain a livable planet and prevent the global average temperature from increasing more than 1.5°C, we must rapidly and dramatically decrease greenhouse gas emissions," the RAN report—entitled Wall Street's Dirtiest Secret: How Fossil Fuel Expansion Depends on Big Bank Finance—states.

UNEP: Meeting Global Climate Goals Requires ‘Rapid Transformation’

The world faces a “rapidly closing window” to meet the Paris Agreement’s goals, warns the latest “emissions gap” report from the UN Environment Programme (UNEP). The report, which explores the impact of new pledges and the “gap” toward meeting the Paris targets, finds that while progress has been made in recent years to mitigate emissions and deploy more clean energy, it is insufficient to put the world on a path to limit warming to well-below 2C or to 1.5C this century. Despite ambitious pledges, there has been “limited progress” in the year since COP26, it says. In a stark warning, the new UNEP report says that incremental change is “no longer an option” and that avoiding dangerous levels of warming will require a “wide-ranging, large-scale, rapid and systemic transformation”.

World Falling Short On Energy Transition Targets: IRENA Report

A new report from International Renewable Energy Agency (IRENA) at this year’s United Nations Climate Change Conference, COP 27, reviews energy targets set around the world and how they are progressing. The findings show that countries are falling short on their energy transition targets. The report also notes that only 12 of the 194 parties in the Paris Agreement have a commitment for a specific percentage of renewables in their total energy mixes. In Renewable Energy Targets in 2022: A guide to design, the research shows that globally, countries’ energy transition ambitions are not enough to limit global warming to 1.5°C. By 2030, countries are currently targeting to meet 5.4 terawatts (TW) of renewable energy capacity, but the world needs to meet 10.8 TW of installed renewable energy capacity by the end of the decade to keep warming within the 1.5°C target.

Climate Crisis: Blocking Roads Isn’t Crazy – It’s Our Last Hope

Cop27, the United Nations’ annual climate conference attended by world leaders, kicked off in Egypt at the weekend in the midst of a wave of civil disobedience actions in the UK. The protests have been led by environmental groups such as Just Stop Oil and Extinction Rebellion and come as oil giants have announced massive profits from surging energy prices caused by the Ukraine war, and new reports show catastrophic climate change is soon to reach a tipping point, becoming irreversible. Antonio Guterres, the UN secretary general, warned on the eve of the summit that the world would be “doomed” if rich, heavily carbon-dependent economies could not reach an agreement with poorer countries. New figures show temperature rises across Europe have risen twice as fast as the global average, leading to increasingly unstable weather.

‘Loss And Damage’ Is Officially On The Agenda As Cop27 Kicks Off In Egypt

Over 45,000 people from 196 countries, including 120 heads of state, are gathering in the city of Sharm El-Sheikh in Egypt as the 27th iteration of the Conference of Parties to the UN Framework Convention on Climate Change, or COP27, began on Sunday, November 6. “We are gathering this year at a time when global climate action is at a watershed moment,” stated Egyptian Foreign Affairs Minister and COP27 President Sameh Shoukry, as the country took over leadership of the summit from the UK. “Multilateralism is being challenged by geopolitics, spiraling prices, and growing financial crises, while several countries battered by the pandemic have barely recovered, and severe and depleting climate change-induced disasters are becoming more frequent.”

From Crisis To Transformation

We are living through an age of profound transition. Political upheaval is the order of the day. Economic inequality is rising. People around the globe are being displaced by conflict and climate emergencies. Racism, xenophobia, and religious intolerance are on the rise. The COVID-19 pandemic cast new light on the injustices and irrationality of our current economic and social systems. The crises we face today are social and political, but they go deeper. The life giving systems of the earth are under threat as a result of the system of production which has been foisted upon the world over the last 250 years. Fuelled by petrochemicals, driven by profit, and based on the hyper-exploitation of both workers and natural systems, this mode of production has overtaxed and disrupted many of the cycles that kept the global ecosystem in balance — including carbon cycles.

UN Chief Says We Are On ‘Highway To Climate Hell’

The latest round of UN climate change negotiations began in Sharm el-Sheikh, Egypt with an urgent warning about the necessity of acting rapidly to avoid the worst impacts of the climate crisis. The conference, otherwise known as COP27, kicked off Sunday, November 6, with a procedural opening followed by the World Leaders Summit that launched Monday and concludes Tuesday, according to the UN Framework Convention on Climate Change (UNFCCC) website. It was on the first day of this gathering of heads of state that UN Secretary-General António Guterres delivered an uncompromising speech about the consequences of failure. “We are in the fight of our lives and we are losing. Greenhouse gas emissions keep growing. Global temperatures keep rising. And our planet is fast approaching tipping points that will make climate chaos irreversible,” Guterres said, according to a UN transcript.

President Maduro Calls For Summit In Defense Of The Amazon

On Saturday, November 5, the president of Venezuela, Nicolás Maduro, announced the proposal for a South American summit in defense of the Amazon rainforest. Upon his arrival in Egypt to participate in the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27), President Maduro said that he discussed the issue with his Colombian counterpart, Gustavo Petro, and the president-elect of Brazil, Luiz Inácio Lula da Silva. “We have proposed to Petro and Lula to soon hold a South American summit in defense of the Amazon and to reactivate the Defense Treaty Organization to make concrete proposals so that humanity and governments commit to finance the recovery of that region,” he explained.

‘Drop Fossil Fuels,’ Over 400 Scientists Tell PR Firm Handling UN Climate Talks

Ahead of the COP27 UN climate summit, hundreds of scientists are calling on the PR firm in charge of the event’s communications, Hill+Knowlton, to cut ties with its fossil fuel industry clients, which include major oil companies Aramco, ExxonMobil, and Shell as well as an industry coalition called the Oil and Gas Climate Initiative. “These clients have not taken the fundamental steps necessary to address the climate emergency and sharply rein in fossil fuels,” states an open letter to Hill+Knowlton signed by over 420 scientists. “Instead, they have used Hill+Knowlton and other PR agencies to spin, delay, and mislead, in order to continue expanding fossil fuel production and thereby increasing heat-trapping emissions.”

Egypt’s el-Sisi Prepares For Cop27 Summit By Cracking Down On Dissent

Cop27 is to be held in the resort town of Sharm el-Sheikh in Egypt’s Sinai desert between November 6 and 18, far away from the noxious fumes and densely packed squalor of Cairo, Egypt’s capital, that is home to around 20 million largely impoverished Egyptians. Some 90 heads of state and leaders of 190 countries, including US President Joe Biden—the first visit to Egypt of any US president since 2009—French President Emmanuel Macron, German Chancellor Olaf Scholz, UK Prime Minister Rishi Sunak and Indian Prime Minister Narendra Modi, are slated to attend. Egypt’s brutal dictator, General Abdel Fattah el-Sisi, has organized a massive security operation to prevent demonstrators and protesters coming to Sharm el-Sheikh.

A Economist That Future Economists — And Societies — Will Dare Not Ignore

Great thinkers, down through the ages, have regularly had to watch the movers and shakers of their epochs shrug off their core insights. One of our contemporary great thinkers who suffered that fate — the 84-year-old economist Herman Daly — died just last week. Daly did not, to be sure, go totally unrecognized during his lifetime. In 1996, he won the “alternate Nobel Prize,” Sweden’s annual Right Livelihood Award. “Herman Daly redefined economics, forging a way forward that does not include the destruction of our environment for economic gain,” Ole von Uexkull, Right Livelihood’s executive director, noted after Daly passed. But Daly’s death has, by and large, gone unnoticed. No obit has so far appeared in the New York Times or Washington Post or any other major mass publication.
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