SCI1300 Lecture Notes - Lecture 25: Intended Nationally Determined Contributions, Mandatory Renewable Energy Target, Clean Energy Act 2011

• School: Monash University
• Department: Science
• Course: SCI1300
• Professor: Christian Jakob

Document Summary

International commitments: un framework convention on climate change 1992, opened at rio earth summit 1992 (after 1st ipcc assessment report in 1990, objective (cid:858)sta(cid:271)ilisatio(cid:374) of gree(cid:374)house (cid:272)o(cid:374)(cid:272)e(cid:374)tratio(cid:374)s(cid:859) to (cid:858)pre(cid:448)e(cid:374)t da(cid:374)gerous a(cid:374)thropoge(cid:374)i(cid:272) i(cid:374)terfere(cid:374)(cid:272)e (cid:449)ith the (cid:272)li(cid:373)ate s(cid:455)ste(cid:373)(cid:859) Increasing urgency: the stern review 2006 the economics of climate change (cid:862)greatest (cid:373)arket failure of all ti(cid:373)e(cid:863): Impacts potentially massive and irreversible, great uncertainty about scale and timing. Intergenerational impacts will continue to grow into the future. International sources within fossil fuel rich nations but effects are distributed worldwide : economic solution is clear put a price on carbon, copenhagen 2009 (cop 15) Plans for next major agreement undermined by gfc, but produced copenhagen accord (emphasizing 2c target: the paris agreement 2015 (cop 21, ne(cid:449) approa(cid:272)h i(cid:374)(cid:272)luded de(cid:448)elopi(cid:374)g (cid:272)ou(cid:374)tries (cid:271)ased o(cid:374) (cid:858)i(cid:374)te(cid:374)ded natio(cid:374)all(cid:455) deter(cid:373)i(cid:374)ed. Co(cid:374)tri(cid:271)utio(cid:374)s (cid:894)indcs(cid:895)(cid:859: china and usa key drivers [un] Australia offered to reduce by 26 to 28 per cent below 2005 levels by 2030.