Difference between revisions of "Two driving all"
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=2010 - 2013= | =2010 - 2013= | ||
<br> | Mostly driven by the public awareness and the pressure that came from this direction on the EU governments after the fiasco in Cancun, the region decided to put emission reduction limits for its region of 25% in the early stage of this timeperiod. Because the corporations realized that installation of emission reducing technology also increased the efficiency, they rapidly invested in this. This lead to the emissions target be reached soon after it came out as a EU wide regulation. <br> | ||
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In a second step the EU environment ministers decided upon a McKinsey report on climate change from 2009 to offer half of the amount needed to reduce GHG emissions to nations that use the money for this purpose. With a yearly GDP of around 15 trillion (EU) this would have amounted to a yearly spending of 3% (=EUR 415 bn) of its GDP. The other half, the EU expected, should come from the other part of the developed world, the USA. However, this did not happen in this period. The position of the USA in fighting global warming was not really progressive. <br> | |||
The money should be used for one or more of the three GHG abatement opportunity areas that were energy efficiency, low-carbon energy supply and/or forestry & agriculture. Obviously, the funding was related to strict reporting and compliance standards. <br><br> | |||
In the middle of this period several severe natural catastrophes occured in China. Furthermore its cities were constantly highly polluted and more and more people were suffering by this. The government found out that the death rate caused by air pollution has increased dramatically. Having a lot of green technology manufacturing in its own country, the government later on decided to reduce carbon emission using its own and technology mainly from EU companies and funding from the before mentioned EU funds. <br> | |||
Later on, China even decided to put a reduction limit and declared this also in the global climate change conferences. However at that point in time China and EU were the only countries or regions that had reduction limits. The developing countries were mainly concerned about their economic growth and saw it negatively affected, if they had put GHG reduction targets. Furthermore China was receiving the biggest part of the funds provided by the EU, so for them the EU could not provide enough financial support to enhance their technology for emission reduction. | |||
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=2013 - 2018= | =2013 - 2018= | ||