As we start the year 2024 following COP28 (United Nations Climate Change Conference), there is a very troubling realisation that the future stability of planet Earth’s climate is in the control of very few powerful people. They are the few money moguls and politicians of nations that control the fossil fuel industry. They are so influential they were able to influence a change in the words of the final statement of the almost 200 international delegates to the conference.
The key phrase, “phasing out fossil fuel”, was changed by the producers and major users of fossil fuels to “transition away from fossil fuel.” It is last a weaker and less urgent phrase.
Many protested but in the end the delegates called it a historical breakthrough. It was, they said, the “beginning of the end of the fossil fuel era.” In all previous 27 COP meetings, phasing out was not on the table.
In the Philippines, some energy corporations are seriously investing in renewables, thanks to Republic Act No. 9513 of 2008 giving tax breaks to the investors. More should take advantage of this law. The government gives incentives to development of renewable energy sources like solar, wind, hydro, etc. New coal plants are on hold. An experimental compensation deal, called the Coal to Clean Credit Initiative [CCCI], is ongoing.
Fossil fuels are the main source of energy generating electricity for the world’s industrial economy. They are the main cause and source of the CO2 emissions that cause global warming and ever increasing deadly and destructive climate change.
Was COP28 really the beginning of the end of the fossil fuel era? It is unlikely. The pledges and promises are unenforceable. The fossil fuel lobby and corporations are paying lip service to the lofty goals of the climate conference.
The key phrase, ‘phasing out fossil fuel’, was changed by the producers and major users of fossil fuels to ‘transition away from fossil fuel.’ It is last a weaker and less urgent phrase
It is hard to believe that oil corporations and oil-producing nations would “transition away” from such a rich source of revenue, the basis of their political and economic power. It’s like asking a jewel trader to throw all his diamonds into the sea one by one. For them, the only thing that talks sense is money and lots of it.
Climate change activists and environmental and climate scientists have been forecasting climate disasters for 30 years. According to NASA’s Earth Observatory, “a one-degree global change is significant because it takes a vast amount of heat to warm all of the oceans, the atmosphere, and the land masses by that much. In the past, a one- to two-degree drop was all it took to plunge the Earth into the Little Ice Age. A five-degree drop was enough to bury a large part of North America under a towering mass of ice 20,000 years ago.”
The United Nations World Meteorological Organisation confirmed that in 2023, the world reached 1.4 degress Celsius above pre-industrial levels. It was the hottest ever in human history. This is because those who are in denial block every move to “transition away” from fossil fuels.
As we celebrate the 500 years of Christianity in the Philippines. The Chaplaincy to Filipino Migrants organises an on-line talk every Tuesday at 9.00pm. You can join us at:
https://www.Facebook.com/CFM-Gifted-to-give-101039001847033
For them, it is a battle for their economic survival. For the climate activists protecting the planet, it is survival of life on Earth. Yet, there is little we can do but protest and force governments to legislate a phase out of fossil fuel against despite the resistance of vested interests.
During the COP26 summit in Glasgow in 2021, the call was for ending government subsidies to fossil fuel concerns. The pro-fossil fuel corporations lobbied to change the wording of the final the statement from “end subsidies” to “reduce cash subsidies”. It seems they also changed “phase out” subsidies to “inefficient” fossil fuel subsidies.
‘…a one-degree global change is significant because it takes a vast amount of heat to warm all of the oceans, the atmosphere, and the land masses by that much. In the past, a one- to two-degree drop was all it took to plunge the Earth into the Little Ice Age. A five-degree drop was enough to bury a large part of North America under a towering mass of ice 20,000 years ago’
NASA’s Earth Observator
There is no such thing as an “inefficient” subsidy. Such massive payments from pro-fossil fuel paid politicians ensure their reelection through “donations” to their reelection campaigns by the “captains of industry.” They help each other. “You scratch my back, I’ll scratch yours” as the saying goes.
In COP28, it was glossed over. Since then, worldwide subsidies to the oil industry have increased from US$2 trillion to US$7 trillion. Almost all oil producing nations do it. It just needs the scratch and scrape of a pen on paper by an energy minister and it is a done deal.
All this is a monumental act of hypocrisy and a gross contradiction. COP28 is just part of the global game of “say one thing, but do the opposite”.
Ordinary people have little knowledge or awareness of how powerless they really are to direct and control what happens to them and their families and property because of the increasing global warming of the climate due to corrupt deals of the politicians with the fossil fuel corporations [FFC].
The last 28 COPs have not seen any reduction in carbon emissions. It is steadily increasing. In fact, research by NASA and other scientists, as of December 2023, shows that global carbon dioxide emissions from fossil fuels and industry totalled 37.15 billion metric tons [GtCO₂] in 2022. However, for 2023, emissions are projected to have risen 1.1 per cent to reach a record high of 37.55 GtCO₂. Since 1990, global CO2 emissions have increased by more than 60 per cent.
The growing frequency, greater intensity and more destructive climate disasters are upon us already. The Philippines is a climate disaster zone. Worldwide, this is driven by increasing temperatures, drought in some nations, typhoons, floods and snow storms and wildfires in others. Food production is greatly reduced also due to the loss of biodiversity, and many species of insects and animals are going extinct.
The growing frequency, greater intensity and more destructive climate disasters are upon us already. The Philippines is a climate disaster zone. Worldwide, this is driven by increasing temperatures, drought in some nations, typhoons, floods and snow storms and wildfires in others. Food production is greatly reduced also due to the loss of biodiversity, and many species of insects and animals are going extinct.
The Philippine archipelago is blessed with natural resources ideal for renewable energy production: sun, wind, geo-thermal, hydro and biomass. They just need to be harnessed extensively to produce all the electricity needed for Filipinos to have low-cost electricity.
Despite a law to encourage such investments [Republic Act No. 9513], progress is slow due to government corruption. It is alleged that some government regulatory agencies are denying permits and demanding payoffs.
There are 28 coal-fired plants in the Philippines, many are somewhat new and their 25-year life span has a long way to go before they can be phased out and investors get their money back with profit. New ones are on hold, thanks to the global and local outcry against more Philippine coal plants.
To approve a new coal plant now after COP28 commitments would be a disaster for the reputation and trustworthiness of the Philippine government and the captains of industry among international investors.
However, new deals to promote renewables and retire coal plants is happening through the CCCI. This is new initiative by a group of experts and Ayala’s ACEN group of energy companies is advised and encouraged by the Rockefeller Foundation and the Monetary Authority of Singapore. ACEN will soon announce its progress in working out the world’s first coal-to-clean-energy project in the Philippines.
May renewables increase three-fold and soon.
Father Shay Cullen
www.preda.org
