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THE BEADY EYE FINAL OPEN LETTER TO THE DELEGATES AT THE PARIS CLIMATE CONFERENCE. WHAT WILL IT ACHIEVE?

28 Saturday Nov 2015

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Dear Delegate.                                                               28/November/2015.

I am “cautiously optimistic” about the prospect of a global climate agreement emerging from negotiations in Paris.

Image: Alfredo11

AS WE ALL KNOW International deal-making fundamentally hinges on assessments of national self-interest by the parties involved.

This is and will be the reason FOR THE PERSISTENT failure of the global climate change negotiations.

On the other hand it is also the best chance of offering a pathway to  THE WORLD for success.

Nations will  not be able to agree on who is to blame, on how to allocate emissions, or on projections for the future.

We don’t know how to allocate emissions among nations, the global economy makes this impossible anyway, and the early differentiation between developed and developing economies is no longer valid.

Fortunately, environmental transformation and technological change are not waiting for this paralysis of political agreement to end.

We are in the early stages of a global race to supply a set of new technologies and scalable systems — likely the largest economic opportunity of the 21st century.

I think the time has come for the international community to alter its collective climate strategy, cease the search for the impossible all-encompassing top-down agreement — described unattractively as “burden sharing” — and instead encourage an approach that builds on national self-interest and spurs a “race to the top” in low-carbon energy solutions.

A new agreement should recognize that a simple one-formula-fits-all framework is not feasible:

Instead, a new start is needed, based in part on what has been called “pledge and review”: but this has to be financed fairly by placing a WORLD AID COMMISSION ON GREED. (See previous letters)

Nations may will pledge concrete steps to reduce their carbon emissions and periodically submit their progress to the international community for review so what it will change nothing without the Capitalist World putting it hand in its back pocket.

 ” The debates that are likely to dominate the Paris talks will not be about emissions but about money.”

Higher emissions between now and 2030 would not inevitably take the world beyond 2 degrees, but they would certainly make the task more expensive and disruptive. It would probably leave the world requiring emissions cuts of more than 5 percent each year after 2030. Many technology analysts say that is next to impossible.

Most of the world’s major nations will pledge to make significant reductions in greenhouse gas emissions. But serious doubts remain as to whether these promised cuts will be nearly enough to avoid the most severe impacts of climate change.

In Copenhagen in 2009, rich nations agreed to establish a Green Climate Fund to help poorer nations. They promised to collectively put $100 billion annually into the fund beginning in 2020.

Less than a fifth of this has so far been pledged from public funds.

Instead, rich nations are talking increasingly about topping up with private finance. A statement from the G7 leaders summit in Germany in June said that “mobilizing of private sector finance is crucial” to the fund, and would “unlock the required investments in low-carbon technology, as well as in building resilience.

This is pie in the sky.

”African countries, and others with little or no responsibility for climate change, want a separate fund to compensate them for “loss and damage” resulting from climate disasters such as extreme heat, wild weather, floods, and droughts.

This would be a 21st century equivalent of war reparations — for climate crimes rather than war crimes.

There are too many scientific uncertainties about exactly how sensitive the atmosphere is to growing concentrations of greenhouse gases. We could get lucky, but equally there might be tipping points that could suddenly accelerate warming.

Scientists say is probably the last realistic chance for the world to prevent global warming going beyond 2 degrees Celsius.

Some kind of deal will probably be done.

But will it be one more diplomatic fudge or a real triumph for the climate?

Pledged in so far to cut emissions cover more than 65 percent of current global emissions. The pledges vary. Some are absolute targets expressed as tons of carbon dioxide per year in 2030; others are targets measured against business as usual, or promises to reduce emissions for every dollar of economic activity.

Will they finalize and formalize a binding international agreement.

With as many as 40,000 officials and heads of different nations I doubt it.

The economic impact is too great.

We have to change the economic development model that has been reigning for at least 150 years, since the industrial revolution will take more than an agreement.

Economic self-interest is the key. With a World Aid Commission on all High Frequency Trading, on all Foreign Exchange transaction ( over $20,000) and on all Sovereign Wealth Funds Acquisitions and new drilling licences we will have a perpetual fund to solve Climate change and all other inequalities in the World.

Even if the major industrialized economies were able to reduce their emissions completely, the prognosis for the earth’s atmosphere would still be grim if resource-rich developing countries do not change course.

Yours Sincerely.

Citizen of the Planet.

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THE BEADY EYE SAY’S IT TIME FOR CAPITALISM TO PAY.

18 Tuesday Aug 2015

Posted by in Climate Change., Environment, Humanity., Politics., Sustaniability, The Future, Where's the Global Outrage.

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If you are one of those people who I call shadow people don’t bother reading this post in order to press the like button. However if you’re a real person all suggestions or comments will be appreciated.

We all know that there is the governments of more than 190 nations gathering in Paris to discuss a possible new global agreement on climate change.  The aim is to reduce global greenhouse gas emissions and thus avoiding the threat of dangerous climate change.

The crunch Paris climate conference is from 30 November to 11 December.

Will it achieve anything worth while other than the usual media hype.

I think not.  Why?  Because the very thing that caused the problem is not there and it will in the long run ignore any agreement.

 

With global population rapidly marching toward 11 billion and with it the demand for food, health services, energy and security, we need to reexamine the models that have gotten us to this point.

Currently, our planet is on track to fly past the 2 degrees Celsius warming that scientist have repeatedly warned marks the safe range for humans on this planet. Beyond this point, we will only see the outcome of these challenges become more severe and an increased potential of no return.

“Global climate change is not a man-made. “It is a capital-made problem.”.

Over the last 40 years, global wealth has become a more concentrated problem.

During this time, we saw a massive expansion in our planet’s destruction and disruption; global carbon emissions grew by 75 percent; deforestation rates climbed to 17 percent in the past 50 years.

Clearly, the neoliberal economic growth model being promoted as a road to economic development is not distributing our gains in wealth to the majority, but to an elite minority at the expense of the planet’s future habitability.

Global emission have also grown 70% since 1970.

Economic Research estimates that for every 1 degree Celsius in additional warming, violent crimes such as assault, murder and rape will increase by 2.4 percent, while larger conflicts such as riots, ethnic violence, political instability and gang activity will increase by 11.4 percent.

Economically, 5 percent of the global market economy is at risk currently due to climate change. This is not accounting for damages due to increased intensity of weather events, of which 80 percent will be felt by poorer Southern Hemisphere countries.

Put in plain and simple language: Limitless production and consumption is not possible on a finite planet.

We have the chance to change this paradigm through new technologies, new business models and new financial structures which redevelop the role business plays in society.

In this challenge, we need to account for not just the natural limits of our planets, but also for the injustice and inequality generated by our current economic paradigm by responding with a collaborative spirit.

We need: A new economy.

As investors, we need to review the business and financial models that we promote.

Just building a clean tech innovation economy is not enough.

Complete change will not happen overnight.

It will not be built on the back of one investor or one innovative entrepreneur.

It will be something that business owners, investors, political leaders, consumers and entrepreneurs must all have to work together toward.

What explains our collective failure on climate change?

Why is it that instead of dealing with the problem, all we seem to do is make it worse?

The answer is simple

ITS THE CAPITALISM GOD OF PROFIT.

WHICH IS NOT compatible with the actions needed to combat climate change.

Capitalism isn’t helping. In fact, it can’t help the cause, but it can pay to rectify it. .

“You might be able to argue that the economic costs of taking action are greater than allowing climate change to play out for a few more decades …

“But most people don’t actually like it when their children’s lives are ‘discounted’ in someone else’s Excel sheet, and they tend to have a moral aversion to the idea of allowing countries to disappear because saving them would be too expensive.” Naomi Klein.

She prompts an ideological solution.  We all stop being greed bad boys.

Free market cannot accomplish what needs to be done.

We need to think differently, radically differently” for changes to be even remotely possible.

Can, as Martin Luther King Jr. said in 1967, a “radical revolution of values” shift our society from a thing-oriented society to a person-oriented society?

We need to take our smartphones to the streets in massive demonstrations demanding action.

We’re too selfish, we’re too greedy — is that this idea of the “we” of who we are that has to changed.  Which of course is impossible. 

There is only one solution.

Pledges, New Global Agreements, Discussions, Hand Shakes, you name it are useless.

Capitalism must be made to pay by placing a World Aid Commission of 0.05% on all Stock Exchange transactions over $20,000, on all High Frequency Transaction, on all Foreign Exchange Transaction over $20,000, on all Sovereign Wealth Funds Acquisitions.

This will crate a perpetual World Aid Fund.

No other solution will work as no one wants to Pay the Bill.

If you have any suggestions (if you think that the contents of this post are worthy) as to how we can bring the suggestion to the attention of the delegates in Paris I am all ears.

 

The Beady Eye writes an open letter to the United Nations re the forthcoming Climate Summit Paris 2015.

30 Thursday Jul 2015

Posted by in Climate Change., Environment, Humanity., Politics., Sustaniability, The Future

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30th July 2015

Dear Delegate.

In our contemporary world it is very rare that we are asked to talk about what lies at the heart of our actions.  Instead we hide behind statistics, data, policy statements etc, few of which actually touch other people’s hearts and minds.

To days debates between today’s religions, ideologies, nations and classes will in all likelihood disappear along with Homo Sapiens so it is naive to imagine that we simply hit the brakes on climate change and all will be honky dory.

We are more powerful than ever before, but have very little idea what to do with all that power. We seem to be more irresponsible than ever. We are accountable to no one, and consequently wreaking havoc on or fellow animals and on the surrounding ecosystem, seeking little more than our own comfort and amusement, yet never finding satisfaction.

There is nothing more dangerous than a dissatisfied and irresponsible gods who don’t know what they want?

The real question is not what do we want to be come?  but ‘what do we want to want’.

We all know that we must move away from our excessive and selfish lifestyle.

So as you prepare to come to Paris I would like to ask you to think about your personal role, and answer a simple, but profound, question:

Why do I care?

In making climate change and the protection of our beautiful planet a personal issue of your own beliefs and values you will come to the Cop primarily as a conscious human being not just a representative of a Government or agency.

Since time memorial we have all been led to believe that our current lifestyle is the most satisfying, but as you know in reality it is based on egoistic and unjust exploitation of resources and of human capital. It has led to a lifestyle based on selflessness and if left unchecked it will take us to an irreversible process of self-destruction.

We all know that opportunity for an agreement will be beset by challenges.

The question at the heart of any forthcoming  Agreement surely most be > Who is going to pay for it.

It will not be the present exclusively profit-focused, job-oriented, planet threatening, income-wealth, gap-widening civilization.

It will not be the free-market capitalism even thought private investors stand to lose $4.2tn (£2.7tn) on the value of their holdings from the impact of climate change by 2100 even if global warming is held at plus 2C, a report from the Economist Intelligence Unit (EIU) has warned.

It will not be cash strapped world Governments.

It will not be a single global tax or regulatory scheme whether they live in a capitalist or communist society.

It will not be Industry reverting the trend of economic development and investment by coupled its insensible greed for profit with carbon emissions.

There is little point in agreeing a new climate change targets if there is no compassionate response to climate change requires for us to help the world’s poorest gain access to sustainable energy solutions so that they can improve their lives while avoiding the dirty energy path that developed countries followed.

There is little point in making the Agreement an Internationally legally binding treaty when there is no way of enforcing its terms or applying penalties for breach thereof.

There is little point in countries submitting their Intended Nationally Determined Contributions. The very reference to Intended expresses the get out clause.

By far the biggest obstacle to any agreement will be how countries will finance the move to a low-carbon global economy.

Even if one of these above problems were politically feasible, air is vital to a healthy economy. Which it isn’t. It is the people who want to breathe clean air. Climate pollutants, on the other hand, are everywhere. They are a waste product of nearly every aspect of modern life, and they are not limited to carbon; methane, soot and nitrous oxide all contribute to rising temperatures.

The present generation of young people is the forerunner of the generation of the most powerful generation in human history because of the enormous technology in their hands. We have to get them engaged in creating the world they wish to live in, and pass on to the next generation.

The sooner the socially committed players take charge of technology, the faster the world Social business is a new variety of business which delinks itself from any desire to make personal profit, where economic prosperity isn’t defined by constant reckless growth.  We need to develop social systems that encourage people to put aside short-term personal gain in favor of long-term societal and environmental interests.

It is not just yours it is our collective moral responsibility to act. We must act because we care. With that comes a different way of thinking about both mitigating and adapting to climate change, from the roads to the treetops.

We seemingly need to get as close to demise as possible to be able to see things clearly. We’re already running up to and beyond the biophysical boundaries that enable us to exist. Given the pace of change, we can no longer exclude the possibility of reaching critical tipping points that could abruptly and irreversibly change living conditions.

It is only a mobilization of conscience on a global scale that will enable humanity to meet this great challenge confronting us.

We are already seeing promising signs such as the joint announcement by the US and China in Beijing in November 2014 and the decision of the European Council a few weeks before. Together these cover around 50% of world emissions.

Realistically we all know that if either China or the USA were to discover new reserve of Oil, Gas, or Coal they would not leave it in the ground.

So where are we?

The first and only scientific fact to know about climate change is that carbon is (almost) forever. 

The Paris agreement for what its worth will come into effect in 2020. To Late.

At this meeting, more than 190 States will discuss a possible new global agreement you have to reach a universal agreement to limit the global warming to 2 degrees Celsius by 2100. To Late.

Countries have to agreed that there will be no back-tracking in these national climate plans, meaning that the level of ambition to reduce emissions will increase over time. Not Possible. Look at the United Nations a gossip shop with no money controlled by Veto.

Countries have been invited to submit their Intended Nationally Determined Contributions to the new climate agreement to be concluded in December, in Paris. This approach represents a concession to political and diplomatic realities, as well as to the limits of international agreements in influencing countries’ behavior in an area so vital to their interests.

The climate change issue is driven more by national than by international politics, so the agreement needs to allow states to determine the content of their own commitments.

So far 21 out of the 194 attending have submitted their Intended Nationally Determined Contributions. Bravo.

You might well ask at this point what is the solution.

There is only one solution and that is the creation of a World Aid Commission of 0.05% (for sake of argument) On all Stock Exchange Transactions with a higher commission on a High Frequency Trades, on all Foreign Exchange Transactions over $20,000, on all Sovereignty Wealth Funds Acquisition., on all Drilling Wells. 

This is the only viable solution to make Profit and Greed pay.

This would create a perpetual World Aid Fund with unlimited funds to tackle Climate Change, Inequality of Opportunity, Education and Disaster Aid.

It will create incentives and spread the funding through out the world by harnessing the very problem that has created the position we now find ourselves in.

Why will it work?

Because ( if firm action is not taken at the forthcoming climate change talks in Paris and the Earth’s temperature warms by a further 5C)  investors are facing losses of almost $7tn at today’s prices. 

Because democratizing our energy supply can be achieved by this fund in making non repayable grants available to the worlds citizens to install solar power.  There’s something special about solar. Not just because it’s genius technology but because, it puts the power to act in millions of hands.

The energy and climate debate is very political and bogged-down by big vested interests.

Because it would solve Climate change which does not have the time or money to be reverted. Ever four days we add a million more people to the planet scuttling our rosy dreams of sustainability.

The definition of success in Paris has been widely misunderstood, and as a result there is a risk that success may be viewed as failure.

Before I wish every success here is a small practical step. Let the summit ask all major TV Media Channels weather forecasts carry a section on the effects of climate change.

The citizens of the world will be watching you.

Yours Sincerely,

The Founder and writer of the Beady Eye.

PS. There is no need for you to respond to this open letter I along with millions that are currently signing online petitions in support of the Earth which has no voice other than climate Change trust you.