CO2 Emissions Reduction: Time for a Reality Check?
Malcolm Keay, Oxford Institute for Energy Studies|February 1, 2005
The Kyoto Protocol is due to come into effect this February and we are already more than half way from the signing of the Protocol to the beginning of its first commitment period (and three quarters of the way there since the baseline date of 1990). The world also needs to look beyond Kyoto. Many countries, including the UK, have set themselves ambitious longer term goals, to reduce emissions by 60% or even 75% by 2050. Meanwhile, a number of recent studies – for instance, the climateprediction.net project based on distributed computing and the International Climate Change Taskforce – have stressed the magnitude of the risks and the need for early and effective action.
At first sight, the impression given is that everything is more or less on track. The UK Paper says that “our latest projections on the impact that our policies and measures will have on our emissions suggest that the UK remains on course to comfortably achieve its target under the Kyoto Protocol”, though admitting that more needs to be done to meet the 20% reduction in CO2 emissions set as a national goal. The EEA report is more cautious: it acknowledges that the EU is only a third of the way towards meeting its goal (greenhouse gas emissions in 2002 were 2.9% below the 1990 base, as compared with the target of 8 % for the period 2008-2012). However, it suggests that with policy measures in the pipeline and use of the Kyoto mechanisms, the target could be met.
What neither report states is that the evidence contained in them could lead to a much more pessimistic conclusion: that the policy measures favoured in the UK and EU have not delivered significant CO2 reductions and are clearly inadequate to the longer term challenge.
The Kyoto Protocol is due to come into effect this February and we are already more than half way from the signing of the Protocol to the beginning of its first commitment period (and three quarters of the way there since the baseline date of 1990). The world also needs to look beyond Kyoto. Many countries, including the UK, have set themselves ambitious longer term goals, to reduce emissions by 60% or even 75% by 2050. Meanwhile, a number of recent studies – for instance, the climateprediction.net project based on distributed computing and the International Climate Change Taskforce – have stressed the magnitude of the risks and the need for early and effective action.
At first sight, the impression given is that everything is more or less on track. The UK Paper says that “our latest projections on the impact that our policies and measures will have on our emissions suggest that the UK remains on course to comfortably achieve its target under the Kyoto Protocol”, though admitting that more needs to be done to meet the 20% reduction in CO2 emissions set as a national goal. The EEA report is more cautious: it acknowledges that the EU is only a third of the way towards meeting its goal (greenhouse gas emissions in 2002 were 2.9% below the 1990 base, as compared with the target of 8 % for the period 2008-2012). However, it suggests that with policy measures in the pipeline and use of the Kyoto mechanisms, the target could be met.
What neither report states is that the evidence contained in them could lead to a much more pessimistic conclusion: that the policy measures favoured in the UK and EU have not delivered significant CO2 reductions and are clearly inadequate to the longer term challenge.
