Saturday, November 27, 2010

IPCC Official: “Climate Policy Is Redistributing The World's Wealth”

IPCC Official: “Climate Policy Is Redistributing The World's Wealth”

Climate policy has almost nothing to do anymore with environmental protection, says the German economist and IPCC official Ottmar Edenhofer. The next world climate summit in Cancun is actually an economy summit during which the distribution of the world's resources will be negotiated.

Neue Zürcher Zeitung, 14 November 2010

Interview: Bernard Potter

NZZ am Sonntag: Mr. Edenhofer, everybody concerned with climate protection demands emissions reductions. You now speak of "dangerous emissions reduction." What do you mean?
Ottmar Edenhofer: So far economic growth has gone hand in hand with the growth of greenhouse gas emissions. One percent growth means one percent more emissions. The historic memory of mankind remembers: In order to get rich one has to burn coal, oil or gas. And therefore, the emerging economies fear CO2 emission limits.

But everybody should take part in climate protection, otherwise it does not work.
That is so easy to say. But particularly the industrialized countries have a system that relies almost exclusively on fossil fuels. There is no historical precedent and no region in the world that has decoupled its economic growth from emissions. Thus, you cannot expect that India or China will regard CO2 emissions reduction as a great idea. And it gets worse: We are in the midst of a renaissance of coal, because oil and gas (sic) have become more expensive, but coal has not. The

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