Play by Play of the G20
source: http://members.greenpeace.org/blog/greenpeaceusa_blog/2010/06/26/play-by-play-at-the-g-8-and...
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- captainplanet71
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Toronto - world leaders are gathering today to discuss several topics, including how to implement their commitment at their last meeting to phase out fossil fuel subsidies worldwide. Below is a play by play, beginning with the most recent post.
12:26 PM
Here is an analysis of what the G-8 accomplished versus the four criteria for success:
* G8 leaders honor their promise to keep global temperature rise below 2°C.
Status: Incomplete
The G8 leaders have failed to commit to greenhouse gas emission reductions that would prevent run-away global warming. They have reaffirmed their commitment to keeping global temperature rise below 2 degrees celsius, but their support for the Copenhagen Accord sets us on a course for a three degree or worse world.
* G8 and G20 leaders phase out subsidies to the fossil fuel industry, something they committed to last year, and producing clear evidence that they are taking real steps towards this promise.
Status: Incomplete
While the G20 is expected to announce details on a phase out of fossil fuel subsidies in their communiqué on Sunday, the G8 today has instead announced new subsidies for dirty energy - more dirty coal and nuclear power.
* To lead the world in building a green energy future, the G20 must agree to create financial and regulatory conditions that incentivise a green economy.
Status: Failed
We need more than platitudes on building a green economy. We need targets and timetables; we need detail on programs; regulations; and price mechanisms. The G8 has delivered none of these.
* Developed G20 leaders switch subsidies for fossil fuels to providing resources to the poorest countries to adapt to global warming, switch to a clean energy economy and stop deforestation.
Status: Incomplete
The G8 has reaffirmed they are putting in place their fast-start climate contribution, but it is far from clear that these funds are new and additional. To rob development to fund climate is not progress. Furthermore, the global phase out of fossil fuel subsidies in wealthy countries is estimated to come to $100 billion annually. That is the exact same amount of money the Leaders committed to provide for climate finance and renewable energy developments by 2020. Clearly they have a source to make good on that commitment.
11:55 AM
$5 billion committed to children's health and maternal child development.
11:53 AM
G-8 Leaders release an agreed communiqué. Russian offshore oil drilling text didn't make it into the final communiqué. Coal did. Clean energy hard to find...
11:43 AM
Rumor has it that President Obama will commit to cutting $38.8 billion in fossil fuel subsidies over ten years, reflecting the cuts in the Administration's budget proposal to Congress. This would be a good first step. Oil Change International lists additional subsidies that President Obama could cut. Governments submit what they will cut tomorrow at the G-20.
11:32 AM
What would make the G-8 and G-20 a success?
* G8 leaders honor their promise to keep global temperature rise below 2°C.
* G8 and G20 leaders phase out subsidies to the fossil fuel industry, something they committed to last year, and producing clear evidence that they are taking real steps towards this promise.
* To lead the world in building a green energy future, the G20 must agree to create financial and regulatory conditions that incentivise a green economy.
* Developed G20 leaders switch subsidies for fossil fuels to providing resources to the poorest countries to adapt to global warming, switch to a clean energy economy and stop deforestation.
10:32 AM
The B-20, a gathering of CEOs hand picked to attend the G-20 by governments, is attending the G-20 in part to dissuade heads of state from supporting the Robin Hood Tax, which would create a small tax on banks to fund a clean energy transition, measures to adapt to the changing climate, and funds to protect global forests. One of the companies invited: HSBC, which has had a track record of financing the destruction of global rainforests. A second, Suncor, the company behind the Tar Sands in Canada.
10:09 AM
Proposed text from G-8 meeting calls for a green economic recovery and offers no details except building 20 new coal plants... in a meeting about phasing out fossil fuel subsidies... huh?
9:42 AM
President Obama and Prime Minister Cameron are meeting today to discuss whether calling BP "British Petroleum" rather than "BP" is offensive to people in the England as well as the war in Afghanistan.
Our sources say that Russia will submit text for all of the G-20 leaders to sign saying:
"Drawing the lessons from the recent catastrophic oil spill in the Gulf of Mexico we recognize the need to develop international mechanisms and procedures in regulating activities on protecting marine environment, preventing accidents related to offshore exploration and development, and dealing with their consequences if they occur."
Russia, of course, has a strong interest in drilling in the deep water of the Arctic. The Coast Guard, by the way, says that an oil spill in the Arctic is their "nightmare scenario." Clearly, the only way to avoid such disasters is by banning all offshore oil drilling.
While President Obama and Prime Minister Cameron discuss the word "British," oil continues to gush into the Gulf and Russia is proposing policies at the G-8 that would allow offshore oil drilling while "dealing with their consequences if [accidents] occur."
This meeting is the moment for the U.S. and the UK to come together to spearhead an ambitious plan to move the world beyond oil, end of fossil fuel subsidies, and revive the global economy with green energy investments.
http://members.greenpeace.org/blog/greenpeaceusa_blog/2010/06/26/play-by-play-at...
http://static.guim.co.uk/sys-images/Admin/BkFill/Default_image_group/2010/6/27/1...
12:26 PM
Here is an analysis of what the G-8 accomplished versus the four criteria for success:
* G8 leaders honor their promise to keep global temperature rise below 2°C.
Status: Incomplete
The G8 leaders have failed to commit to greenhouse gas emission reductions that would prevent run-away global warming. They have reaffirmed their commitment to keeping global temperature rise below 2 degrees celsius, but their support for the Copenhagen Accord sets us on a course for a three degree or worse world.
* G8 and G20 leaders phase out subsidies to the fossil fuel industry, something they committed to last year, and producing clear evidence that they are taking real steps towards this promise.
Status: Incomplete
While the G20 is expected to announce details on a phase out of fossil fuel subsidies in their communiqué on Sunday, the G8 today has instead announced new subsidies for dirty energy - more dirty coal and nuclear power.
* To lead the world in building a green energy future, the G20 must agree to create financial and regulatory conditions that incentivise a green economy.
Status: Failed
We need more than platitudes on building a green economy. We need targets and timetables; we need detail on programs; regulations; and price mechanisms. The G8 has delivered none of these.
* Developed G20 leaders switch subsidies for fossil fuels to providing resources to the poorest countries to adapt to global warming, switch to a clean energy economy and stop deforestation.
Status: Incomplete
The G8 has reaffirmed they are putting in place their fast-start climate contribution, but it is far from clear that these funds are new and additional. To rob development to fund climate is not progress. Furthermore, the global phase out of fossil fuel subsidies in wealthy countries is estimated to come to $100 billion annually. That is the exact same amount of money the Leaders committed to provide for climate finance and renewable energy developments by 2020. Clearly they have a source to make good on that commitment.
11:55 AM
$5 billion committed to children's health and maternal child development.
11:53 AM
G-8 Leaders release an agreed communiqué. Russian offshore oil drilling text didn't make it into the final communiqué. Coal did. Clean energy hard to find...
11:43 AM
Rumor has it that President Obama will commit to cutting $38.8 billion in fossil fuel subsidies over ten years, reflecting the cuts in the Administration's budget proposal to Congress. This would be a good first step. Oil Change International lists additional subsidies that President Obama could cut. Governments submit what they will cut tomorrow at the G-20.
11:32 AM
What would make the G-8 and G-20 a success?
* G8 leaders honor their promise to keep global temperature rise below 2°C.
* G8 and G20 leaders phase out subsidies to the fossil fuel industry, something they committed to last year, and producing clear evidence that they are taking real steps towards this promise.
* To lead the world in building a green energy future, the G20 must agree to create financial and regulatory conditions that incentivise a green economy.
* Developed G20 leaders switch subsidies for fossil fuels to providing resources to the poorest countries to adapt to global warming, switch to a clean energy economy and stop deforestation.
10:32 AM
The B-20, a gathering of CEOs hand picked to attend the G-20 by governments, is attending the G-20 in part to dissuade heads of state from supporting the Robin Hood Tax, which would create a small tax on banks to fund a clean energy transition, measures to adapt to the changing climate, and funds to protect global forests. One of the companies invited: HSBC, which has had a track record of financing the destruction of global rainforests. A second, Suncor, the company behind the Tar Sands in Canada.
10:09 AM
Proposed text from G-8 meeting calls for a green economic recovery and offers no details except building 20 new coal plants... in a meeting about phasing out fossil fuel subsidies... huh?
9:42 AM
President Obama and Prime Minister Cameron are meeting today to discuss whether calling BP "British Petroleum" rather than "BP" is offensive to people in the England as well as the war in Afghanistan.
Our sources say that Russia will submit text for all of the G-20 leaders to sign saying:
"Drawing the lessons from the recent catastrophic oil spill in the Gulf of Mexico we recognize the need to develop international mechanisms and procedures in regulating activities on protecting marine environment, preventing accidents related to offshore exploration and development, and dealing with their consequences if they occur."
Russia, of course, has a strong interest in drilling in the deep water of the Arctic. The Coast Guard, by the way, says that an oil spill in the Arctic is their "nightmare scenario." Clearly, the only way to avoid such disasters is by banning all offshore oil drilling.
While President Obama and Prime Minister Cameron discuss the word "British," oil continues to gush into the Gulf and Russia is proposing policies at the G-8 that would allow offshore oil drilling while "dealing with their consequences if [accidents] occur."
This meeting is the moment for the U.S. and the UK to come together to spearhead an ambitious plan to move the world beyond oil, end of fossil fuel subsidies, and revive the global economy with green energy investments.
http://members.greenpeace.org/blog/greenpeaceusa_blog/2010/06/26/play-by-play-at...
http://static.guim.co.uk/sys-images/Admin/BkFill/Default_image_group/2010/6/27/1...
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captainplanet71
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G8 and G20 leaders need to phase out subsidies to the fossil fuel industry, which something they committed to last year. Where's the progress? Where are the incentives to jumpstart a clean energy economy? If these leaders are going to go to all this trouble to meet (spending millions on their own security) I expect something worthwhile to come out of this.
- 1 year ago
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captainplanet71
