The loss and damage deal does at last acknowledge the impact made by the ‘old’ emitters since the industrial revolution. But this has essentially been packaged as a long-term issue, whereas the attitude of just about every environmental activist and campaigner, as well as climate scientists, can be summarised in just one word: urgency.
There are major problems with COP27 on two levels, highlighted by a recent powerful analysis on openDemocracy from the former Green Party deputy leader, Amelia Womack. One is that even the loss and damage deal is riddled with uncertainties over how and when it will be implemented, especially as earlier agreements such as the Green Climate Fund – designed to assist low-emission and climate-resilient development – have had so much difficulty in raising contributions.
The second is the core issue: the urgency of decarbonisation. To keep temperature rises below 1.5°C required 7% decarbonisation every year from 2020 to the end of the decade. But emissions are still rising, to the extent that decarbonisation now needs to be closer to 10% a year for the remainder of the decade to achieve the 1.5°C goal. If that’s the case, then just what hope is there?
In an earlier column, written just weeks before COP27 began, I was more optimistic about the future of the climate crisis, pointing to the rapid rise in public consciousness on the issue, aided by the worldwide experience of individual climate disasters and the greater commitment of activists to nonviolent direct action. I also highlighted the impressive reductions in decarbonisation costs.
On that last issue alone, changes are coming thick and fast. For many years, supporters of green initiatives have asked why there has not been more investment in tidal-stream energy, given that it is highly predictable and reliable. The technologies are tricky and marine environments mean corrosion adds to the problems, but it is now a developing field with plenty of potential. In the past five years, the cost of generating tidal-stream electricity has fallen by 40%, and while it is not yet at grid-parity with nuclear power, that will come.
Meanwhile the cost of solar PV systems (solar panels) plummeted by 82% between 2010 and 2019, and wind power is undergoing yet another sea change with the new generation of turbines exceeding the size of even today’s ten-megawatt giants. The prototype of the new Vestas V236 15-megawatt turbine is shortly starting its test programme in Denmark, with serial production expected in 2024, and the Siemens Gamesa SG14-222 DD 14-megawatt turbine is on a similar schedule.
A feature of the Siemens Gamesa turbine is that one version under development includes an electrolyser unit that uses the wind-generated electricity as the energy source for hydrogen production. While hydrogen is just one energy storage system, it does have valuable functions in the wider decarbonisation process. This is because the hydrogen generated by this brand of turbine can be stored at source and removed periodically by tanker – meaning a deep offshore turbine could adopt what is termed ‘island mode’, not even requiring a pipeline connection to shore.
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