Climate Crisis Brings New Opportunities, Expert Says
Apr 14, 2010 -- STATE DEPARTMENT RELEASE/ContentWorks
Every person willing to do something to address the global problem of
climate change can have an impact, the U.S. Department of State's deputy
special envoy for climate change said April 7.
Governments -- and businesses that know to take advantage of emerging
clean-energy markets -- can also make a difference, said Jonathan
Pershing in a Global Conversations climate webchat.
Speaking to participants from across the globe, including university
students in Brazil, China, India and the United States, Pershing said
switching to a mostly carbon-free society will cost enormously in new
infrastructure and technology investments.
By signing the December 2009 Copenhagen Accord, developed nations
signaled their intent to spend $100 billion annually by 2020 to reduce
global greenhouse gas emissions and help developing nations adapt to
climate change. Seventy-five nations have signed the agreement so far
and submitted emission reduction targets, setting the stage for a
legally binding climate agreement perhaps as early as this year.
Together, these nations account for 80 percent of the world's
energy-related greenhouse gas emissions.
However, the climate change challenge and towering costs also bring
opportunities for involvement at every possible level, Pershing said.
"It can be as small of a thing as paying attention to whether the lights
are left on, or paying attention to the consumption that you as an
individual, and that your family and your community has," he said. "We
can reduce the size [of the carbon footprint] no matter where we stand."
Individuals can also reach out to government leaders and academic
institutions with an interest in climate change and ultimately push for
social change.
"Find out what they're doing, engage with them, contribute your ideas
about how you can move something forward. And collectively that will
begin to change the policies of government ... and behavior of society,
which is what's required," Pershing told the students. "This is a
problem that is both local and global, and both sides of that equation
have to engage."
The search for cleaner energy is an opportunity for businesses as well,
many of which have already taken advantage of new markets for renewable
energy and alternative technologies. Going forward, Pershing predicted,
such markets will only grow. The current global fleet of wind power
generating stations needs to expand 750 times to slash carbon dioxide
emissions by one gigaton. In all, seven gigatons of carbon dioxide must
be trimmed to reduce emissions by 50 percent by 2050 -- the level
required to stabilize the climate.
Another gigaton would be achieved if the world's 1 billion cars were
switched to vehicles that get 40 miles per gallon (17 kilometers per
liter). Any carmaker looking at options for growth could find huge
investment potential developing these vehicles, he said.
"Climate change need not be only a negative," Pershing said. "Managing
the impacts clearly is something we have to do, but the shifts in
economy, the opportunity for technology, for investment, for global
jobs, for development is substantial."
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