COP 15: Bullshitting 15 years

on Climate Change...

Climate Change: positive solutions series - CE01By Sandip Sen & Katerina Voutsara

A story of our times

Imelda isa young model, anorexic and anemic…

Whew!.. It’s Μy Lifestyle!..She smokesheavily…eats less…and does workoutsto keep herselftrim…

Not feeling so good…

One day she visits her doctor with symptoms of nauseaand giddiness

The stork will visit…

Doctor tells her, she will soon be having a baby!!..

The Doctor’s advice…

...

The Doctor asks her to reduce smoking as the nicotine could affect the baby...

Healthy baby needs more!..

And of courseshe must eat more, for the baby needs nourishment...

Happy family !..Imeldagoes homeand breaks the news to her parentsand fiancéOscar...

The concerned family conference…

They are all happy & concerned and form an Expert Committee called “Imelda Pregnancy & Cherubic Childbirth” or IPCC

Your Governments form the IPCC

COP 1 BERLIN 1995Intergovernmental Panel on Climate Change IPCC

formed to publish reports and suggest solutions to UNFCCC and member nations on Climate change and

Greenhouse Gasses. The first Conference of the Parties COP was marked by uncertainty as to which

means the individual countries possessed to combat greenhouse gas emissions. This resulted in “The

Berlin Mandate”, which set a two-year analysis and evaluation phase.

Then they decide to discuss IPCC proposals at expensive conferences around the world

where thousands of people gather at the annual COP jamborees to think and re-think

CLIMATE CHANGE CONFERENCES

COP : CONFERENCE OF PARTIES

UN Framework Convention under climate change

UNFCC.

The IPCC includes both her earning parents & the earning fiancé all of whom smoke. They

agree to find unique independent solutions for each member that divert resources from harms

way to do good for Imelda’s pregnancy & cherubic child (kill 2 birds with 1 stone)

COP2 Geneva 1996

The second Conference of the Parties endorsed the results of the IPCC’s second assessment report, which came out in 1995. At this conference it

was established that member countries would not pursue uniform solutions & each one would go their own way.

Together the family decides after discussions that they must all reduce smoking

in proportion to their current consumption.

COP3 Kyoto 1997

At this conference the Kyoto Protocol was adopted after intense negotiations. For the first time the protocol introduced binding targets for greenhouse gas GHG emissions in all the 37 industrialised nations countries from 2008 to 2012. Several members have not yet ratified the Kyoto protocol

They also conclude, that whatever they all save will go to the family kitty

COP4 Buenos Aires 1998

At this conference it became clear that there were several outstanding

questions regarding the Kyoto Protocol. A two-year period was

therefore scheduled to clarify and develop tools for implementing the

Kyoto Protocol

The savings from the family

kitty will go

to a nourishment

fund for Imelda’s

cherubic child which is after all the main

IPCC Objective.

COP5 Bonn 1999 This conference was dominated by

technical discussions concerning

mechanisms under the Kyoto Protocol

During the first review month Imelda’s mother raises an objection. She says that though she smokes the most, it is the parents who must bear the maximum cut-back as they must bear the greater responsibility for the child.

COP6 The Hague 2000U.S. and EU nations lock

horns over American insistence to term

farmlands as carbon sinks. Negotiations

break down

So they negotiate

to work out a plan, on who

will cut down how many cigarettes

a day.COP7 Marrakesh 2001

Here negotiations concerning the Kyoto

Protocol were (almost) completed. The results were gathered in the documents called the Marrakesh Accords

During the second review month Imelda’s fiancé declares he can not adhere to the cut-back because of

increased workload pressure due to the economic downturn

COP8 Delhi 2002 At this conference the EU countries (under the Danish chairmanship) tried

unsuccessfully to get a declaration passed which called for more action from the

parties under the UNFCCC

Imelda’s father who is an accountant with the Treasury draws out a cap and feed plan for Imelda’s cherubic child.

COP9 Milan 2003

The focus of this conference was to clear up some of the last technical details concerning the Kyoto Protocol

Under this plan two thirds of the savings under the nicotine cut back plan, would go directly to the fund to feed Imelda so that

the Cherubic child can arrive.

One third will be the baby feed given after birth, but only after ascertaining substantial

progress in the capping of nicotine.

COP10 Buenos Aires 2004At this meeting the countries gradually began to open

discussions as to what would happen when the Kyoto Protocol expired in 2012.

They now agree to meet even twice a month to review the

progress of nicotine cut back

COP11/CMP1 Montreal 2005 This conference was the first one to take place after the Kyoto Protocol had come into force. Accordingly the annual

meeting between the parties to the UNFCCC (COP) was supplemented by

the annual conference between the parties to the Kyoto Protocol (CMP or

COP/MOP)

They keep a 9 month time frame to reduce their consumption of

cigarettes to 5 per day

COP12/CMP2 Nairobi 2006Here the last remaining

technical questions regarding the Kyoto Protocol were

finally answered.

During the third review month Imelda’s father says that it was not fair that all other’s have to cut back smoking by 5 cigarettes each, when Imelda had cut

only cut 3 cigarettes as per the proportional reduction plan. So he asks for a re-negotiation of the deal in which the maximum responsibility is

taken by the child-bearing mother

COP13/CMP3 Bali 2007At this meeting the work involved in reaching a new agreement to replace the Kyoto Protocol took a decisive step forward. The new protocol should address all issues that the Kyoto deal left out, and make all responsible

In the fourth month Imelda visits her Doctor again.

COP14/CMP4 Poznan 2008 At this conference the work towards a new global climate agreement in Copenhagen continued

The gynaecologist is shocked to find Imelda still underweight.

Imelda tells the Doc that thereis no cause to worry. She hadadditional nutrition worth$ 182.7 cents saved and allocated by the family in three months as per the cap andfeed plan. She also tells theDoc that they should meet theIPCC plan target, for had theyagreed to raise only $ 638 by 9 months from nicotine savings for

the Imelda’s Cherubic Child nourishment fund.

The Doctor blew his top. This is what he said

The IPCC is bullshitting...

Young mama, if you wait for cap and feed, your baby will die before it is born”...

COP 15: Bury wasteful thinking?

If COP 15 wants to achieve anything it must look beyond Cap and Trade. Negative penalties can never fund positive growth effectively. So Climate Change

must have a new Profit Plan for funding the clean energy projects, irrespective of Carbon Permits. The

Governments must work out these plans with the help of WB and IMF now.

Why?

“Cherubic Child needs

positive solutions

not cap and feed”

Why ?

Problem : Critical grass root development

of clean energy delayed by 15 years: to be funded by negative penalties?

Solution :Climate change needs

Positive profit plans not

carbon trading

Problem: Governments

fooling the people for 15 years

Solution: Governments must apologize publicly for using the U.N. the scientists, the administrators and

the consultants to delay clean energy investments for 15 years in the name of “cap and trade” and

endanger planet earth. For unless you develop economically viable alternatives, how can you expect

the people to co-operate with energy savings.

Positive solutions for climate change

SOLAR POWER WIND ENERGYRAIN FOREST PLANTATION. Don’t waste resource on other alternatives that have no scalability

Governments must take direct responsibility for funding them if needed, through the WB or the IMF

Solutions like cap and trade will only increase clean energy costs and delay their implementation

15 years have been wasted now in endless dialogues and wrangling on carbon cap

It’s time to move on. WHY?

Let us see what Carbon Trade gives to the world today and its future

as a utility resource generator.

Cap and Trade savings arelike the nicotine savings

A few Carbon Trading initiatives have started or are being planned in the U.S. Australia and Europe. Among the first

movers were (10) ten American North Eastern and mid Atlantic States that join hands to float a Regional Greenhouse Gas Initiative RGGI the first effort to

monetise Cap and Trade program in the U.S. after 5 years of planning, in July 2008.

The New York Mercantile Ex-change, a subsidiary of Nymex Holdings Inc. of New York, and the Chicago

Climate Exchange, owned by Climate Exchange PLC of London, both launches RGGI carbon futures contracts in

August 2008

RGGI first Carbon auction

RGGI Sells 12.5 million carbon credits @ price of $ 3.07 per unit raising

$38.6 million in its first auction, the money raised from carbon polluters,

mostly the fossil fuel power plants and industries in Sept 2008

RGGI second Carbon auction

RGGI Sells 31.6 million carbon credits @price of $3.38 per unit raising

$107 million in auction money from carbon polluter and financial traders in the second

auction of December 2008

RGGI third Carbon auction

RGGI Sells 33.3 million carbon credits @price of $3.51 each raising

$117 million from the 3rd carbon auction money in March 2009

RGGI fourth Carbon auction

RGGI Sells 30.8 million carbon credits @price of $ 3.23 raising $104 million in auction money

from carbon polluters and financial traders in the fourth

auction of July 2009

RGGI annual proceeds from Carbon auction

Total annual sale Carbon credits for ten American states selling 110 million carbon permits as of today is $366 million. Unlikely to go up much for the region, as large polluting units are no longer being installed.

Clean energy demand is much higher than Carbon

receipts

Is it enough to fund green energy needs of the 10 states, when the cost of putting

up a 250 MW Photovoltaic Cell solar rooftop power panel project is $875

million as per South California Edison (SCE) Power

Carbon price will remain moderate, else utilities & factories

will close down

Can the price of Carbon Credits ever cross the $ 20 / tonne mark ( the

minimum price required for sizable inflows to green energy markets)

Financial traders have already entered the fray ensuring that Carbon credits

prices fall in the fourth quarter auctions.

Clean energy needs $ 200 billion annually

Clean energy positive plan needs a global investment of $200 bn a year for the next 10 years to make a dent

on environmental pollution and GHG.Cap & Trade can never fund such needs.

The agitated Doctor finally screamed!..

“You got to contribute out of your pocket for the nourishment of the mother and child and not wait to nibble from the nicotine savings”..

and then exasperated, he added wryly…..

“I understand from your mother who is my old client that she has huge holdings of J.P. Morgan and

that she is bullish on Goldman Sachs.

Tell her that Imelda is pregnant and her cherubic child will happen only if she

re-deploys investment.”.

Others presentations to follow in the climate change positive plan

“clean energy” seriesCE 21…… onwards “Solutions in solar energy”

CE 41……. onwards “Solutions in rainforest plantation”

CE 61…….onwards “Solutions in wind energy”

CE 81…….onwards “The perils of carbon trade” CE91……. onwards “ Cost reductions, volume growth and positive solutions for clean energy and climate change initiatives to make it a profit plan.”

To be uploaded at slide share shortly from the last week of August 09.

Acknowledgements

Data from UNFCCC, IPCC, RGGI, Google search, Bloomberg and other internet resources. To our Art director Mrs. Katerina Voutsara.

To Google and other websites for images

For Queries : Sandip Sen sen.sandip@gmail.com

Our references

Economy to Ecology

Our goal is to help promote clean, safe and better practices in economy and ecology worldwide. Balanced, efficient and a little more sustainable.

Amazon Kindle Blog : Ecothrusthttp://tinyurl.com/kpujfx

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