Getting out of fossils
Unless finances are proportionate to the need, the transition to clean energy is a tough proposition, especially in countries where energy affordability is critical Why differentiate between coal and natural gas when both are fossil fuels? I had asked this in my last column because it is a question of climate justice and, most importantly, the feasibility of moving at speed and scale to reduce fossil-fuel emissions responsible for heating up the planet. The fact is, roughly 70 per cent of the world’s population have not contributed to the stock of emissions in the atmosphere but are today highly dependent on coal for energy. Richer countries have made the transition from coal to natural gas, which is somewhat cleaner — it emits roughly half the carbon dioxide emitted by coal, in addition to methane. But given their enormous appetite for energy, these countries’ past and current emissions are high — totally disproportionate to their share of the global carbon budget. Now, the burden of transition to clean energy has been shifted to countries that are least responsible for the stock of emissions and least capable of making the switch. This is not only unjust but also unrealistic. It makes the fight against climate change even more intractable and difficult. of the clean energy transition; instead of being the stick on coal, it must become the carrot for the new infrastructure to be clean and climate-smart. This means focusing on making the cost of finances to the emerging world, which is two-six times higher than that of the developed OECD (Organisation for Economic Co-operation and Development) countries, much lower and more accessible. Second, the global energy transition pathway has to be for all fossil fuels — coal and natural gas. This would not only show that richer countries have exhausted their quota for using natural gas, but also make gas available at affordable costs to emerging countries that face the twin problems of local and global emissions. Let’s be clear, the science of climate change is also the politics of inclusion and responsibility. This is where we must get it right.
