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Via Brad Plumer, Fiona Harvey of the Financial Times gets an early look at the upcoming World Energy Outlook report:

In the first big study of the impact of the recession on climate change, the IEA found that CO2 emissions from burning fossil fuels had undergone “a significant decline” this year — further than in any year in the last 40.

….Falling industrial output is largely responsible for the plunge in CO2 , but […] for the first time, government policies to cut emissions have also had a significant impact. The IEA estimates that about a quarter of the reduction is the result of regulation, an “unprecedented” proportion. Three initiatives had a particular effect: Europe’s target to cut emissions by 20 per cent by 2020; US car emission standards; and China’s energy efficiency policies.

Europe’s cap-and-trade system didn’t start out very strongly, but the fact is that nobody really expected it to.  Phase 2, however, is working better, and Phase 3 will be better still.  If we learn from their experience, we can avoid the early stumbles and put in place a decent (and steadily improving) program right out of the gate.  Ten years ago would have been a good time to start, but failing that, this year will have to do.

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IT'S NOT THAT WE'RE SCREWED WITHOUT TRUMP:

"It's that we're screwed with or without him if we can't show the public that what we do matters for the long term," writes Mother Jones CEO Monika Bauerlein as she kicks off our drive to raise $350,000 in donations from readers by July 17.

This is a big one for us. So, as we ask you to consider supporting our team's journalism, we thought we'd slow down and check in about where Mother Jones is and where we're going after the chaotic last several years. This comparatively slow moment is also an urgent one for Mother Jones: You can read more in "Slow News Is Good News," and if you're able to, please support our team's hard-hitting journalism and help us reach our big $350,000 goal with a donation today.

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