3E Intelligence

The so-called “leaders” of the eight biggest economies have done it again: glorious declarations with little substance in a diplomatic language which allows all of them to spin their “global” commitment and responsibility.

Not only were there no concrete mid-term targets set but the 50% reduction promise has no binding character, lacks any base reference year against which the reduction should be measured and is all focused on finding solutions through technological innovations. Of course, political leaders with lack of vision see no need to change the unsustainable lifestyles which hundreds of millions of new middle class Chinese and Indian citizens are now starting to imitate. The declaration also still clings to the fallacious premise that the necessary climate/energy revolution can take place without questioning the current “economic growth addiction”.

Don’t take my word for it, just read the excellent “annotated climate declaration” by Andrew Rivkin in the New York Times’ Dot Earth blog.

According to the Wall Street Journal’s Environmental Capital blog, “clean” coal is the big winner of the G8 Hokkaido summit.

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