not much time to avert catastrophic temp rise

[Carrol Cox says it’s already too late, so there’s really no urgent
need to do something now, but apparently the IPCC disagrees.]

Little time to avert big temperature rise: U.N. study By Alister Doyle, Environment Correspondent 2 hours, 45 minutes ago

OSLO (Reuters) - Fighting global warming will be inexpensive but
governments have little time left to avert big, damaging temperature
rises, a draft United Nations report shows.

The draft, due for release in Bangkok on May 4, indicates warming is
on track to exceed a 2 Celsius (3.6 F) rise over pre-industrial
times, regarded by the European Union as a threshold for “dangerous”
change to nature.

Two scenarios highlighted in the report, the third in a U.N. series
in 2007 that will guide policymakers, say the costs of limiting
emissions of greenhouse gases could mean a loss of 0.2 or 0.6 percent
of global gross domestic product ( GDP) in 2030.

Some models show that measures such as greater efficiency in burning
fossil fuels such as oil and coal could even mean a small net boost
to the world economy, it said.

The most stringent scenario assessed, demanding that governments
ensure that global greenhouse gas emissions start falling within 15
years, would cost 3 percent of GDP by 2030.

The conclusions broadly support those in a report last year by former
World Bank chief economist Nicholas Stern, who estimated that costs
of acting now to slow global warming were about one percent of global
output, against a far larger 5 to 20 percent if the world delayed
action.

The U.N. draft says there is “significant economic potential” for
cuts in greenhouse gas emissions, mainly from burning fossil fuels,
“sufficient to offset growth of global emissions or to reduce
emissions below current levels.”

WIND, NUCLEAR

The Intergovernmental Panel on Climate Change (IPCC) draft, seen by
Reuters, says easily achieved curbs include better use of fossil
fuels, shifts to energies such as wind, solar or nuclear power and
better management of forestry and farming.

Economic benefits in addition to energy savings include better health
from less pollution, less damage to agriculture from acid rain and
greater energy security by cutting imports.

The report, “Mitigation of Climate Change” and drawing on the work of
2,500 scientists, says time is running out.

“Mitigation efforts over the next two to three decades will determine
to a large extent the long-term global mean temperature increase and
the corresponding climate change impacts that can be avoided,” it said.

U.S. President George W. Bush pulled out in 2001 of the Kyoto
Protocol, the main U.N. plan for fighting global warming until 2012,
arguing that its caps on emissions would be too costly and wrongly
excluded developing nations until 2012.

One official U.S. study forecast that Kyoto could, in the worst case,
cost up to 4.2 percent of U.S. GDP by 2010. The IPCC report will be
considered by the Group of Eight industrial powers at a summit in June.

The IPCC scenario of a 0.2 percent loss in GDP in 2030 is based on
stabilizing greenhouse gases at 650 parts per million (ppm) in the
atmosphere by 2030, up from about 430 ppm now. The gases trap the
sun’s heat in the atmosphere.

U.N. “best estimates” show that might bring a temperature rise of
3.2-4.0 C (5.8-3.2 F) over pre-industrial times. Tighter curbs would
cost ever more.

The most stringent scenario, costing 3 percent of GDP, would limit
greenhouse gases to 445-535 ppm by 2030, inside a range likely to
bring a 2-2.4 Celsius (3.6-4.3F) rise.

Greenhouse gas emissions have risen by 70 percent between 1970 and
2004 and are expected to rise by a further 25 to 90 percent by 2030
from 2000 without new restraints, driven mainly by growth in
developing nations such as China and India.

That would mark a switch: in 2000, rich nations accounted for 20
percent of world population and 46 percent of emissions.

Another U.N. report on the regional impact of climate change on April
6 predicted more hunger and water shortages in Africa and Asia,
rising seas worldwide, floods and heatwaves. In February, the first
U.N. report concluded there was more than a 90 percent likelihood
that humans were to blame for warming.

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