No Agreement on Climate

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Apparently the G8 meeting in Italy won’t produce any agreement on climate change:

As President Obama arrived for three days of meetings with other international leaders, negotiators dropped a proposal that would have committed the world to reducing greenhouse gas emissions by 50 percent by midcentury and industrialized countries to slashing their emissions by 80 percent.

…. The breakdown on climate change underscored the difficulty in bridging divisions between the most developed countries like the United States and developing nations like China and India. In the end, people close to the talks said, the emerging powers refused to agree to the limits because they wanted industrial countries to commit to midterm goals in 2020 and to follow through on promises of financial and technological help in reducing emissions.

“They’re saying, ‘We just don’t trust you guys,’ ” said Alden Meyer of the Union of Concerned Scientists, an advocacy group based in the United States. “It’s the same gridlock we had last year when Bush was president.”

The basic problem isn’t the 80% reduction by 2050, which is supported by both Obama and congressional Democrats.  The problem is the 2020 goal.  Right now, the Waxman-Markey climate bill requires a 17% cut by 2020, but that’s from a baseline of 2005.  Depending on how you crunch the numbers, that works out to a cut of only 0-4% from 1990 levels.

The Europeans, conversely, want to see a 20% cut from 1990 levels by 2020.  Obama, presumably, sees no chance at all of getting Congress to agree to that, and the Europeans aren’t willing to compromise their more stringent goals.  So for now, no agreement.  And Copenhagen is only five months away.

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THE BIG PICTURE

You expect the big picture, and it's our job at Mother Jones to give it to you. And right now, so many of the troubles we face are the making not of a virus, but of the quest for profit, political or economic (and not just from the man in the White House who could have offered leadership and comfort but instead gave us bleach).

In "News Is Just Like Waste Management," we unpack what the coronavirus crisis has meant for journalism, including Mother Jones’, and how we can rise to the challenge. If you're able to, this is a critical moment to support our nonprofit journalism with a donation: We've scoured our budget and made the cuts we can without impairing our mission, and we hope to raise $400,000 from our community of online readers to help keep our big reporting projects going because this extraordinary pandemic-plus-election year is no time to pull back.

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