Cancun climate summit not expected to produce real results

Thursday, February 21st, 2013 By

site of monday's international meeting on climate change

Not much is expected from the Cancun climate summit, but at least negotiators can hang out on some nice beaches. Image: Wikimedia Commons

An international climate summit began Monday in Cancun, Mexico. Most analysts don’t expect the Cancun Climate summit to result in a serious international agreement on how to deal with climate change. The main issue at hand is whether the United Nations can be counted on to broker a meaningful agreement among emerging markets and the developed world.

Procrastinating on climate change

The Cancun climate summit could determine what the world will do about climate change in the future. If the results of last December’s  Copenhagen climate summit are any indication, procrastination will be the consensus. The Copenhagen Accord was a last-minute non-deal that avoided the problem of carbon emission reductions. Instead of an agreement for mandatory emissions reductions, the Copenhagen Accord merely stated that both developed and developing countries should share with the world what they plan to do about climate change — which so far has been nothing.

Nations focus on blame, not solutions

Chances of a legally binding climate change treaty emerging from the Cancun climate summit are seen by analysts as remote at best. The U.S. blames China for scuttling a real deal at Copenhagen. China, in turn, blames the United States. Developing nations say the carbon emissions crisis was caused by centuries of industrialization by developed countries, and it’s their problem to solve. Developed countries want a compromise. Both developed and undeveloped countries have lost confidence in the ability of the United Nations to play a meaningful role.

China acts while U.S. plays politics

Despite the failed Copenhagen Accord, China has been aggressively investing in clean energy. China is now the world’s largest manufacturer of solar panels and wind turbines. The country is also poised to become the world leader in clean coal technology and efficient nuclear reactors. Meanwhile, the creation of a carbon market to curb emissions died with cap and trade in the U.S. Senate, and a Republican House starting in 2011 promises congressional gridlock that will prevent the U.S. from providing any leadership at the Cancun climate summit.

Sources

CNN

MarketWatch

TIME

Previous Article

« Is the NYSE-Deutsche Boerse deal a blow to US national pride?

The NYSE Euronext merger with Deutsche Boerse dilutes a U.S. icon and gives a German company 60 percent control over the combined entity. NYSE deutsche boerse deal
Next Article

North Pole, Alaska, Won’t Send Letters From Santa Anymore »

I assumed the letters from Santa program in North Pole, Alaska, was coming to an end because of Postal Service budget concerns, but that's not the reason... Image from Flickr.

This post has 2 comments

  1. Atlanta Painters HQ says:

    By the time we reach any serious action on Climate Control, it might be too late already. It saddens me to think that these power hungry bureaucrats will determine the course of life on earth from several millenia to come, all for personal glory.

  2. Mashup Guy says:

    By the time we reach any serious action on Climate Control, it might be too late already. It saddens me to think that these power hungry bureaucrats will determine the course of life on earth from several millenia to come, all for personal glory.

Trackbacks / Pingbacks

Leave a Reply

Other recent posts by bryanh

What is a bad credit installment loan?

If you need money now and suffering from bad credit or no credit, you can get the help you need with an instant bad credit installment loan.
Apply today for a bad credit installment loan.

Get a quick payday cash loan

Next time you’re short of cash until payday, get a quick payday cash advance. It takes just minutes to apply...
If you're short on funds, apply for a quick payday cash loan online.

Catch up on rent with a no fax payday loan

Rather than risk an eviction, wouldn't it be better to get a no fax payday loan to get caught up on your rent? They're fast and easy to get.
Late on rent? Get a no fax payday loan.