Business Is Moving Faster Than Policies in the Climate Debate

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There's definitely a prevailing sense that business is ahead of government at the moment in the whole climate discussion. We need to engage with these companies and actually make them do the right thing going forward. I personally am not that interested in the liability of what they've done in the past. Jungley, let's talk about the global methame pledge that was aimed at reducing missions of short lived, but potent greenhouse gases by 30%. And you know, how much of the hanging fruit? That just gives political cover for not addressing the thornier issues.

In 2015, delegates from 196 nations entered into the legally binding treaty on climate change known as the Paris Agreement, which set a goal of limiting global warming to “well below 2 and preferably to 1.5 degrees Celsius compared to pre-industrial levels.” Yet in August of this year, the United Nations Intergovernmental Panel on Climate Change released a new assessment report that starkly illustrated the world’s collective failure to meet that target. Delegates from across the globe have just met in Glasgow for the international climate summit known as COP26, with the hope of strengthening commitments to keep emissions targets at that 1.5 degree level.

After two weeks of negotiations, presentations and protests in Glasgow, COP26 is a wrap. This week we discuss what was achieved - and what wasn’t - at the summit.

For transcripts and other information, visit: https://www.climateone.org/watch-and-listen/podcasts

Guests:

Vanessa Nakate, Ugandan climate activist

Jiang Lin, Adjunct Professor, University of California Berkeley

Albert Cheung, Head of Global Analysis, Bloomberg New Energy Finance

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