nuclear-news

How wealthy countries, (like U.S., Canada, Australia, and Norway)evade responsibility for their fossil fuel exports

Bulletin, By Bill McKibben | November 30, 2023

When the world convenes in the United Arab Emirates for the next round of the endless climate slog, much attention will be paid to the pledges of individual nations to cut their emissions. This has been the basic scorecard of climate talks almost since the start. But it’s a wildly incomplete scorecard, in ways that are becoming ever clearer as we enter the endgame of the energy transition. We’ve been measuring it wrong.

That’s because a country’s exports of fossil fuel don’t count against its total. But it’s those exports that are driving fossil fuel expansion around the world, coming as they do from some of the most diplomatically powerful and wealthy nations on Earth.

To give the most obvious, and largest, example: the United States is, fitfully, cutting back on its carbon emissions; its envoys will be able to report, honestly, that the Inflation Reduction Act should soon actually be trimming our domestic use of oil, gas, and coal, as we subsidize heat pumps and build out EV charging networks. But at the very same moment, the U.S. production of fossil fuels is booming. That means, of course, that much of that supply is headed overseas.

And the numbers are truly staggering. If the liquefied natural gas (LNG) buildout continues as planned, for instance, by 2030 U.S. LNG exports will be responsible for more greenhouse gases than every house, car, and factory in the European Union. The emissions, under the U.N. accounting system, will show up on the scorecards of the EU and the dozens of mostly Asian nations that will buy the gas. But if you could see them in the atmosphere, they would be red, white, and blue.

Exactly the same thing is true of a handful of other nations — in fact, some are even more grotesque in their hypocrisy, if not their impact. Norway has, arguably, done as good a job as any country on earth on moving past oil and gas; almost every new car in the country runs on electricity. But it’s planning one of the dozen biggest expansions in national oil and gas production, almost all of it for export. Canada and Australia fall into the same basket. Indeed, a remarkable new report from Oil Change International (OCI) found that those four countries (the U.S., Canada, Australia, and Norway), along with the U.K., account for just over half of the planned expansion in oil and gas between now and mid-century. In most cases the project licenses have already been granted, and unless officials intervene, the damage (enough carbon and methane to take us past the Paris climate targets) is locked in…………………………………………………………………………………………………….

the real question here may be, how do politics work? The fossil fuel industry demonstrated its firm grip on power in the U.S. in 2015 when it got the export ban lifted. Now the industry is flush with cash: Exxon reported a quarterly profit of $9.1 billion last month. It’s using its cash to buy up even more fracking real estate; clearly it concludes it has the political juice to enable it to face Biden down and keep on pumping gas for the planet.

………………………………. Canada’s huge contribution to our global crisis is its exports. Trudeau quite honestly summed up his nation’s position in 2017 in a talk to Texas oilmen, when he told the truth about the country’s vast tar sands complex: “No country would find 173 billion barrels of oil in the ground and just leave them there.” Canada couldn’t burn 173 billion barrels of oil if everyone in the country kept their car idling 24 hours a day, and they couldn’t burn the enormous quantity of natural gas that’s been found further north in Alberta if they all turned their thermostats to 115 and wore bathing suits all winter. That’s why they’re busy building pipelines to take the oil and the gas to the Pacific.

I could do the same math for Australia or the U.K. or Norway. No matter what they stand up and say in the UAE over the next month, remember: They’ve decided to hold a fire sale at the end of the world.  https://thebulletin.org/2023/11/how-wealthy-countries-evade-responsibility-for-their-fossil-fuel-exports/?utm_source=Newsletter&utm_medium=Email&utm_campaign=ThursdayNewsletter11302023&utm_content=ClimateChange_WealthyCountries_11302023

December 3, 2023 - Posted by Christina Macpherson | climate change