The Center on Global Energy Policy at the Columbia University School of International and Public Affairs hosted a talk by Fatih Birol, the Chief Economist at the International Energy Agency. This was followed by a panel which included remarks from Fred Krupp (EDF), David Sandalow (DOE) and Jason Bordoff (Columbia CGEP). The focus was the recent IEA report titled Redrawing the Energy-Climate Map.
Some of the highlight's from Dr. Birol's talk:
- Climate change slipping from the global policy agenda, despite scientific evidence
- Canada has already ratified the measures recommended in the report
- Efficiency, often discounted, is making up a significant portion of carbon savings as well as institutional investment
- "If you say efficiency doesn't matter, you are really not getting your hands dirty with the data"
- Nuclear/CCS still facing significant challenges
- Global CO2 emissions +1.4% (31.6 Gt) in 2012
- CO2 emissions in Japan increased 6% (lower nuclear, more coal)
- China's increases were +3.8%, but this is the lowest Y/Y growth in nearly 2 decades
- US & China approximately 45% of total emissions
- Energy production and investment sectors acknowledging need to increase resilience to physical impacts
- Another goal in the report is to significantly reduce CH4
- No harm to individual country economic growth
- Significant near-term CO2 reductions are imperative, but they should
- Rely on implementing existing technologies
- Realize ignificant benefits other than climate - improved health, productivity, alt energy sector growth, etc.