A Free-Market Energy Blog

IPCC: We Call Your Bluff (COP 27 alarmism in the air)

By Robert Bradley Jr. -- October 17, 2022

“Any further delay in concerted global action will miss a brief and rapidly closing window to secure a liveable future,” said Hans-Otto Pörtner. (IPCC, below)

… government (coercive) mitigation policy is being left behind by self-interested energy actions around the world. Wind and solar and batteries … are running into limits. A new public policy era post-COP27 is called for. (RLB, below)

The UN Conference of Parties to be held in Cairo, Egypt, next month (COP27) has long been in preparation. Net Zero may be a dead he/she walking (Halloween fright?), but expect no backtracking from the Church of Climate. “Don’t Look Up” … IPCC reports … ExxonKnew … it is a one-after-the-other global media campaign to not focus on the Green Energy Crises or the tripartite fossil-fuel boom but on … Net Zero.

I was reminded of this upon reading an IPCC press release earlier this year announcing a new IPCC report, which followed another dire IPCC report a few months earlier. Do-or-die Deja vu all over again….

The February 28, 2022, press release follows:

Climate change: a threat to human wellbeing and health of the planet. Taking action now can secure our future

BERLIN, Feb 28 – Human-induced climate change is causing dangerous and widespread disruption in nature and affecting the lives of billions of people around the world, despite efforts to reduce the risks. People and ecosystems least able to cope are being hardest hit, said scientists in the latest Intergovernmental Panel on Climate Change (IPCC) report, released today.
“This report is a dire warning about the consequences of inaction,” said Hoesung Lee, Chair of the IPCC. “It shows that climate change is a grave and mounting threat to our wellbeing and a healthy planet. Our actions today will shape how people adapt and nature responds to increasing climate

The world faces unavoidable multiple climate hazards over the next two decades with global warming of 1.5°C (2.7°F). Even temporarily exceeding this warming level will result in additional severe impacts, some of which will be irreversible. Risks for society will increase, including to infrastructure and low-lying coastal settlements.

The Summary for Policymakers of the IPCC Working Group II report, Climate Change 2022: Impacts, Adaptation and Vulnerability was approved on Sunday, February 27 2022, by 195 member governments of the IPCC, through a virtual approval session that was held over two weeks starting on February 14.

Urgent action required to deal with increasing risks Increased heatwaves, droughts and floods are already exceeding plants’ and animals’ tolerance thresholds, driving mass mortalities in species such as trees and corals. These weather extremes are occurring simultaneously, causing cascading impacts that are increasingly difficult to manage.

They have exposed millions of people to acute food and water insecurity, especially in Africa, Asia, Central and South America, on Small Islands and in the Arctic.

To avoid mounting loss of life, biodiversity and infrastructure, ambitious, accelerated action is required to adapt to climate change, at the same time as making rapid, deep cuts in greenhouse gas emissions. So far, progress on adaptation is uneven and there are increasing gaps between action taken and what is needed to deal with the increasing risks, the new report finds. These gaps are largest among lower-income populations.
The Working Group II report is the second installment of the IPCC’s Sixth Assessment Report (AR6), which will be completed this year.

“This report recognizes the interdependence of climate, biodiversity and people and integrates natural, social and economic sciences more strongly than earlier IPCC assessments,” said Hoesung Lee. “It emphasizes the urgency of immediate and more ambitious action to address climate risks. Half measures are no longer an option.”

Safeguarding and strengthening nature is key to securing a liveable future There are options to adapt to a changing climate. This report provides new insights into nature’s potential not only to reduce climate risks but also to improve people’s lives.

“Healthy ecosystems are more resilient to climate change and provide life-critical services such as food and clean water”, said IPCC Working Group II Co-Chair Hans-Otto Pörtner. “By restoring degraded ecosystems and effectively and equitably conserving 30 to 50 per cent of Earth’s land, freshwater and ocean habitats, society can benefit from nature’s capacity to absorb and store carbon, and we can accelerate progress towards sustainable development, but adequate finance and political support are essential.”

Scientists point out that climate change interacts with global trends such as unsustainable use of natural resources, growing urbanization, social inequalities, losses and damages from extreme events and a pandemic, jeopardizing future development.

“Our assessment clearly shows that tackling all these different challenges involves everyone – governments, the private sector, civil society – working together to prioritize risk reduction, as well as equity and justice, in decision-making and investment,” said IPCC Working Group II Co-Chair Debra Roberts. “In this way, different interests, values and world views can be reconciled. By bringing together scientific and technological know-how as well as Indigenous and local knowledge, solutions will be more effective. Failure to achieve climate resilient and sustainable development will result in a suboptimal future for people and nature.” ….

Final Comment

The climate charge of market failure and government correction is a siren song. In the real world, market failure reflects analytic failure (climate exaggeration) and government failure (political problems).

The best climate policy is no government policy, do no harm. Market adaptation, free market style, is the easy choice that should have been made decades ago. Wealth is health, after all, and civil society can address real problems rather than distant, hypothetical ones.

Today, more than ever, government (coercive) mitigation policy is being left behind by self-interested energy actions around the world. Wind and solar and batteries, never environmentally kosher, are running into limits. A new public policy era post-COP27 is called for.

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