Net zero goals shifting

Canada has a goal of net-zero emissions from its electrical grid.

Ottawa dialled back its original target after feedback from some provinces and energy industry participants, who said the draft CER regulations would make electricity supply in Canada less reliable, more expensive and risked creating stranded assets, government officials said in a briefing…

Co-generation facilities that produce electricity that does not feed into the grid, such as those operated by some oil sands companies in northern Alberta, will not be subject to the CER.

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EU Climate Commissioner Wopke Hoekstra is considering options to soften the bloc’s 2040 climate goal as he tries to contain a backlash against Europe’s climate ambitions…But to allay political concerns about the effort’s cost to heavy industry and agriculture, Hoekstra is weighing “flexibilities” for reaching that goal…

The Commission is looking at four options to give countries more leeway. To start, officials are contemplating a “nonlinear” path between the EU’s 2030 emissions-cutting target of 55 percent and its 2040 goal — rather than a straight line. That could mean slower emission cuts to start, compensated by rapid declines later in the 2030s. It would also mean more pollution in total over the decade…

The Commission is also considering letting countries purchase carbon credits on new international markets…A third option would let countries depend more on negative emissions to meet their tally — meaning counting carbon removed from the air either by forests or nascent carbon-sucking technologies.

A fourth idea is to let countries play with sector-specific emissions targets. If one sector is having trouble reaching its mandated cuts, for instance, governments could count for it the cuts from an industry moving faster on slashing emissions.

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Mixed messages out of Brazil…

Just months before Brazil is due to host the United Nations Climate Change Conference (COP30), Lula is pushing for oil exploration at the mouth of the Amazon River, and his government has approved joining the Organization of Petroleum Exporting Countries (OPEC+).

“The world has given Brazil a mandate to lead the climate debate in 2025,” said Claudio Angelo, coordinator of communications at Brazilian nonprofit Observatorio do Clima. “To double down on oil expansion is a betrayal of that mandate.”

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We see it all over the world. China continues to burn nearly 5 billion tons of coal a year. India is over a billion tons of coal per year. World petroleum demand is at record highs, so Brazil joins OPEC and starts drilling at the mouth of the Amazon. Economic development and standard of living are seen as more important than some unenforceable Paris Agreement. So the atmospheric CO2 concentration just keeps going up.

_ Pete

“When policies on emissions reductions collide with policies focused on economic growth, economic growth will win out.”

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From last summer…

And in the news this week…

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It seems Vermont is now joining Connecticut, Maryland, Virginia, and Delaware.

Governor Phil Scott today issued Executive Order 04-25, directing the Agency of Natural Resources to pause enforcement of a multi-state plan requiring vehicle manufacturers to meet certain electric vehicle (EV) sales targets for passenger cars and medium- and heavy-trucks.

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