Copenhagen or bust!

8 01 2010

Copenhagen – what it means for us.

Unfortunately, Copenhagen lacked the kind of agreement everyone had hoped for.  As the world watched in expectation, the Copenhagen conference shuddered to an abrupt halt, with consensus on even the smallest of details left wanting.   The only saving grace from this is perhaps the acknowledgement that current strategies are flawed.   There were dozens of inspiring speeches, which were daring and they were applauded, but again, in the end we were badly let down.  Barack Obama stated before the conference that “an imperfect deal is better than none.” Perhaps he was expecting the kind of outcome that we witnessed?

It is difficult to see how we can convert to the wholesale use of ‘sustainable energies’ when we have (in the words of Bjorn Lömborg), been guilty of “putting the cart before the horse”, in attempting to convert to renewable energy sources before they are cheap enough to do so.   Better to invest heavily in renewable energy technology and subsidies, so that people want to use it, rather than force the unwilling.   Surely the goal needs to be: sustainable energy which is cheaper than the status quo.

This conference will have little influence for business in the developed world, until emphasis is switched to developing cheaper alternatives to fossil fuels.  I fear that we all have higher fuel prices to look forward to and, even higher prices for ‘sustainable alternatives’.

Owen Johnson Stilwell Partnership




One response

8 01 2010
James Bailey

I agree, the recent Copenhagen conference was extremely dissapointing, given the build up and worldwide media coverage (and expectations).
The biggest dissapointment for me was Obama’s late arrival. The minimum required outcome for the conference was to have the richest countries (particularly the USA, China, the EU and India) agree on ambitious, legally binding CO2 reduction targets (preferably to zero emissions by 2030/40).
However, Obamas arrival the day before end of the conference, as the key player, just showed his lack of commitment to the issue. The American administration may have changed, but it seems that America is still very skeptical about anthropogenic climate change.
If ambitious targets aren’t set within the next couple of years (with America leading the way) it will be very dissapointing.

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