Did Copenhagen die yesterday?

Yesterday, I speculated about prospects for the Copenhagen Accord if Democrats lost their super-majority in the Senate. Well, voters in Massachusetts handed them a thumping – so what next?

In Politico, Martin Kady II looks on the bright side. Yes, healthcare may now be dead (many Democrats seem to be abandoning it without a fight – though I suppose that could change over the next 24 hours) – but Obama can still get other key parts of his agenda through Congress, Kady believes.

Unfortunately, on climate, what looks bright to Kady is likely to look exceptionally gloomy to those outside America’s borders.

A cap-and-trade bill has a shot in the Senate – as long as the cap-and- trade part is removed. If Democrats dump that toxic measure and pursue a more modest climate and energy bill, they’ve actually got a shot at getting something done – and getting a few Republican votes to push them past 60.

Voinovich and Sen. Dick Lugar (R-Ind.) are working on a smaller-scale proposal that would limit greenhouse gas emissions from power plants. And moderate Democrats are pushing Senate leadership to drop the cap-and- trade provision in favor of an energy-only bill, which could include renewable fuels standard tax incentives for alternative energy…

“It is my assessment that we likely will not do a climate change bill this year, but we will do energy,” Sen. Byron Dorgan (D-N.D.) said Tuesday. “I think it is more likely for us to turn to something that is bipartisan and will address the country’s energy interest and begin to address specific policies on climate change.”

The Voinovich-Lugar bill will do little to cap, let alone reduce, emissions. Voinovich is certainly no fan of action on climate change. He has been holding out for a new analysis of cap and trade from EPA – believing the agency is holding back information on the true costs.

His main priority is reduce America’s dependency on the Middle East, wanting the US to become the least dependent on imported oil of any country in the world. He’s thinks the US should go after “every drop” of its oil shale and should also invest heavily in using coal as a substitute for oil.

On climate itself, he thinks the 17% emissions reduction by 2020 on 2005 levels, which President Obama promised at Copenhagen, is much too ambitious. He sees little point in the US reducing its emissions if China and India don’t do the same.

If Voinovich is now the best hope for getting bipartisan support for US domestic legislation, then I think Copenhagen’s prospects are grim indeed. Expect it be starring in its own Monty Python sketch sometime around the time of the US mid-terms.

[youtube]http://www.youtube.com/watch?v=4vuW6tQ0218[/youtube]

Does Copenhagen die today?

Most people left Copenhagen thinking the next big crunch date would be the last day in January, when 49 or so countries are due to lodge their commitments for reducing emissions with the UNFCCC (they fill in one of two appendices to the Copenhagen Accord – “quantified economy-wide emissions targets for 2020” for developed countries; “nationally appropriate mitigation actions” for developing ones – China included).

As Barack Obama explained, these commitments “will not be legally binding, but what [they] will do is allow for each country to show to the world what they’re doing… and we”ll know who is meeting and who’s not meeting the mutual obligations that have been set forth.”

In other words, this is ‘pledge and review’ – the non-binding, bottom up approach that the United States favoured in the run up to Kyoto, before it surprised everyone by announcing that it was prepared to accept a legally binding protocol at the Geneva climate conference in 1996.

The US then agreed at Kyoto to a 7% cut in its emissions by 2012 on a 1990 benchmark, but failed to ratify the treaty. It is now offering a 17% cut on 2005 levels by 2020, on a non-binding basis – which would take its emissions more or less back to where they were in 1990. (The EU is promising a 20-30% cut on 1990 levels by 2020.)

But the US has a credibility problem. Not only did it use the Kyoto years to pump out as much CO2 as it could, the Senate is yet to pass domestic legislation and, with healthcare stalled, and financial regulation next in the queue of ‘big bills’ – there’s long been a big question mark on whether it will ever will.

The Copenhagen Accord, and especially China’s willingness to accept some kind of international monitoring of its emissions reductions, was supposed to make it easier for the President to push the bill over the line, but that depends heavily on (a) his political credibility; (b) whether he can keep together a very shaky Democrat alliance on the bill, perhaps bolstered by the odd Republican prepared to commit political suicide.

Which brings us to today – when the Democrats face, according to Nate Silver, a 75% chance of losing Ted Kennedy’s Senate seat in a special election. If the hapless Martha Coakley does lose (I actually think she may scrape it, but she’s clearly now the outsider), it’s going to make a climate bill seem a very long way away indeed.

One thing is sure. Scott Brown won’t be voting for emissions reductions any time soon. He’s solidly in the mainstream of Republican thinking on the issue. Asked recently if global warming was a fraud, he answered:

It’s interesting. I think the globe is always heating and cooling. It’s a natural way of ebb and flow. The thing that concerns me lately is some of the information I’ve heard about potential tampering with some of the information.

I just want to make sure if in fact . . . the earth is heating up, that we have accurate information, and it’s unbiased by scientists with no agenda. Once that’s done, then I think we can really move forward with a good plan.

And if the Democrats lose the seat and their super-majority in the Senate, will the US still feel able to pledge a 17% emissions cut in their submission on Copenhagen on Jan 31st? And, if they do, will anyone believe they have the political will to meet the commitment? The answers to those questions are – probably yes; almost certainly not.

Alex and I have wondered for some time whether the climate risks becoming a zombie process (shuffling and groaning, but never quite dying) – but perhaps we’re wrong. Maybe Copenhagen is going to be dead sooner than we thought. It certainly doesn’t look good if the Democrats lose a Senate seat that Kennedy held for them from 1962, just a year after Obama was born.

Caveat elector

ConservativeHome and ConservativeIntelligence have just polled the 250 Tory candidates in the party’s most winnable seats.

The survey finds that in terms of personal priorities, cutting the deficit is top-of-the-league. Helping small businesses is priority two and reducing welfare bills is priority three. Interestingly, three issues associated with the modernising agenda (civil liberties, defending the NHS and fighting poverty) score above winning powers back from Europe and reducing the level of immigration.

At the bottom of the league table of personal priorities is a reduction in Britain’s carbon footprint. Just eight adopted candidates said it would be a top priority for them in the next parliament. It was the only policy goal that fell below 3.0 (the middle ranking). If the Tory leadership presses ahead with a decarbonisation strategy it will need to redouble Greg Clark’s tactic of emphasising the wider benefits of all green measures (eg in terms of energy security or household fuel bills). Candidates’ ‘green scepticism’ is shared by the Tory grassroots. 76% of Conservative members want Cameron to focus on energy bills above climate change.

The best news on climate change for months. Maybe.

And now for the good news on climate change. 

First, an excerpt from the New York Times yesterday.  We join Bono, a contributing columnist at the Times, as he’s setting out a list of 10 ideas that might make the next 10 years “more interesting, healthy or civil” – ideas which “have little in common with one another except that I am seized by each, and moved by its potential to change our world.” Here’s number 3:

In the recent climate talks in Copenhagen, it was no surprise that developing countries objected to taking their feet off the pedal of their own carbon-paced growth; after all, they played little part in building the congested eight-lane highway of a problem that the world faces now.

One smart suggestion I’ve heard, sort of a riff on cap-and-trade, is that each person has an equal right to pollute and that there might somehow be a way to monetize this. By this accounting, your average Ethiopian can sell her underpolluting ways (people in Ethiopia emit about 0.1 ton of carbon a year) to the average American (about 20 tons a year) and use the proceeds to deal with the effects of climate change (like drought), educate her kids and send them to university. (Trust in capitalism — we’ll find a way.) As a mild green, I like the idea, though it’s controversial in militant, khaki-green quarters. And yes, real economists would prefer to tax carbon at the source, but so far the political will is not there. If it were me, I’d close the deal before the rising nations want it backdated.

Bono just endorsed contraction and convergence – a big deal, for three reasons. (more…)