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Climate week: Protests vs. lofty pledges

Presented by ExxonMobil: Your guide to the political forces shaping the energy transformation
Sep 19, 2023 View in browser
 

By Arianna Skibell

Presented by ExxonMobil

President Joe Biden addresses the 78th session of the U.N. General Assembly on Sept. 19. | Susan Walsh/AP Photo

Inside the U.N. General Assembly, the United States and the European Union — two of the world’s largest carbon emitters — are touting plans to ratchet up clean energy to stave off catastrophic warming.

Outside, environmentalists and activists are pushing leaders to also crack down on fossil fuel use, the primary driver of global Climate change.

The tension during climate week comes as U.N. Secretary-General António Guterres leans on countries to cut their planet-warming Emissions much faster. Nations are already failing to meet the pledges they made eight years ago in the Paris Agreement — and even those goals weren’t ambitious enough to adequately limit global temperature rise.

Carrot vs. stick: During a speech today, President Joe Biden praised his nearly $370 billion climate law as “the largest investment ever, anywhere in the history of the world, to combat the climate crisis,” writes Robin Bravender.

Soon after his remarks, however, climate activists disrupted a subsequent panel to protest the administration’s decision to approve ConocoPhillips' $8 billion Willow drilling project in Alaska, which would release the carbon equivalent of an additional 2 million cars every year.

Leaders of the European Union also plan to focus this week on the merits of increasing clean power to counteract global warming, writes Sara Schonhardt. While the EU backed a call at last year’s U.N. climate talks to phase out fossil fuels, it’s unclear whether or how quickly the continent’s leadership will speed up their net-zero carbon emission goals, Sara writes.

Maroš Šefčovič, the EU’s new climate chief, told Sara that tripling global clean energy capacity and doubling energy efficiency would, in effect, “phase out the need for new fossil fuel supplies.”

Reality check: While climate models confirm that ramping up clean energy can make a significant dent in global carbon pollution, climate scientists largely agree that increased clean power alone won't be enough to stave off the worst of climate change. Countries also need to wind down their emissions and fossil fuel use.

In the U.S., for example, Biden’s ambitious climate goals could be undermined by the country’s heaviest industries, which remain off track to meet emission reduction goals, according to a new Department of Energy report.

For eight industries — chemicals; refining; iron and steel; food and beverage processing; pulp and paper; cement; aluminum; and glass — the cost of slashing planetary pollution remains high. The demand for low-carbon versions of their commodities is uncertain, and companies are reluctant to act first to adopt new technologies, writes David Iaconangelo.

Still, the report found the industries could reduce emissions 40 percent by 2030 while retaining a profit. Past 2030, deeper cuts will be necessary but harder to achieve.

 

It's Tuesday — thank you for tuning in to POLITICO's Power Switch. I'm your host, Arianna Skibell. Power Switch is brought to you by the journalists behind E&E News and POLITICO Energy.

Send your tips, comments, questions to [email protected]. And folks, let’s keep it classy.

 

A message from ExxonMobil:

The world needs ways to reduce carbon emissions. At ExxonMobil, we’re working on solutions in our own operations – like carbon capture and clean energy from hydrogen – that could also help in other industries like manufacturing, commercial transportation and power generation, too. Helping deliver heavy industry with low emissions.

 

Listen to today’s POLITICO Energy podcast

Today in POLITICO Energy’s podcast: James Bikales breaks down how the United Auto Workers' strike could force the Biden administration to rethink its electric vehicle strategy.

 

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Power Centers

President Joe Biden talks with Mary Barra, CEO of General Motors, during a tour at the Detroit Auto Show last year. | Evan Vucci/AP Photo

How Biden, Barra bond could affect UAW strike
General Motors CEO Mary Barra and Biden are buds. He has credited her with electrifying the "entire automobile industry," and she has visited the White House eight times since Biden became president, write Scott Waldman, Hailey Fuchs and Holly Otterbein.

But now, with the United Auto Workers on strike, Barra’s role as one of the White House’s closest corporate allies could become a problem for Biden.

GOP tumult imperils government funding
As Republican lawmakers continue to clash, Congress remains without a path forward on a spending deal, which is deepening concerns over a potential government shutdown, write Emma Dumain, Nidhi Prakash and Kelsey Brugger.

At risk, too, are billions of dollars in disaster money, including for hurricane-ravaged Florida and wildfire-devastated Hawaii.

In Other News

Report: Climate change made the the catastrophic flood in Libya 50 times more likely.

Biological sprinklers: Will sweat help us survive climate change?

 

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Ryan Busse, a former firearms executive turned gun control advocate, is running for Montana governor as a Democrat. | Busse For Montana/YouTube

A former firearms executive — whose two sons were among the 16 Montana youth who last month won a landmark climate change lawsuit against the state — has launched a campaign for governor.

The Biden administration released nine recommendations for how financial firms should approach reducing their planet-warming emissions, but it's unclear how useful the tools will prove.

A federal court ruled that EPA wrongly approved a Colorado air permitting program that allowed the state to ignore ozone-forming emissions from the drilling and fracking of oil and gas wells.

That's it for today, folks! Thanks for reading.

 

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A message from ExxonMobil:

Heavy industry accounts for nearly 30% of global carbon emissions. For these businesses, setting and achieving meaningful carbon-reduction goals can be complex. At ExxonMobil, we’ve been working on reducing our own carbon emissions. At our Baytown plant, one of the world’s largest integrated refining and petrochemical operations, we’re working to deploy hydrogen power and carbon capture to reduce emissions by up to 30%. Now, we’re taking solutions like these to others in heavy industry. Using our technologies, we can help these businesses create a plan to make similar reductions. And together, we can deliver a lower-emissions future. Let's deliver.

 
 

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