I think what bothers me most is the 2060 'comittment' under their own 'methods'. Smells like abusing shady EAC/RECs or the carbon sequestration tech we keep hearing is bunk.
Theoretically if the scope 3 legislation across the world had teeth we'd see companies doing business with China having much higher than average emissions factors in their reports. Hopefully we'd see the market correct but not likely when oceans are hitting 101 and yet 'climate talks are always challenging' still.
The only thing I hope is that the insurance companies bring a reality check sooner rather than later.
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China accused of using ‘wrecking tactics’ at climate talks | Spyke
There's a link to an Archived copy above
The EU has lower per capita emissions then China, since a few years.. Obviously there are still some issues when you adjust for trade, but even then it is pretty close.. The gap is looking very likely to widen, with China building new coal power plants and the EU accelerating its move away from fossil fuels, due to the energy war with Russia. It is important to say this kind of stuff, as a lot of middle income coutries have about the level of emissions of the EU nowadays and that shows action is needed. It also strengthens the moral position of the EU somewhat.
I think what bothers me most is the 2060 'comittment' under their own 'methods'. Smells like abusing shady EAC/RECs or the carbon sequestration tech we keep hearing is bunk.
Theoretically if the scope 3 legislation across the world had teeth we'd see companies doing business with China having much higher than average emissions factors in their reports. Hopefully we'd see the market correct but not likely when oceans are hitting 101 and yet 'climate talks are always challenging' still.
The only thing I hope is that the insurance companies bring a reality check sooner rather than later.