Perhaps the first data set of New Zealand carbon prices was the Ministry for the Environment's carbon prices used to calculate New Zealand's net position (either financial asset or liability) under the Kyoto Protocol.
The net position was updated monthly in the crown financial statements for New Zealand issued by Treasury. A monthly data set of carbon prices was needed. From 2005, international carbon prices from either the United States ($USD) or Europe (euro) were converted to New Zealand dollars using the relevant foreign currency rate.
Another web page displayed the historic updates of the Kyoto Protocol financial information in the form of a table of eight columns. The seventh column was the carbon price in New Zealand dollars.
Here is what the table looked like.
Some years ago I saved an html file of that web page. I read the html file into R and tidied it into a data set with one row for every month and seven columns of variables. I even made a couple of charts!
In 2017, the Ministry for the Environment redesigned their website and the net position pages and the data set disappeared. I had thought about preserving it for the public record. I didn't get around to it.
I have just noticed I still have a folder of my R analysis. So I created a Github repository called Historic updates of the Kyoto Protocol carbon price. This now records the original .html file, some R script, the tidied data as a .csv file, a 'Readme' file and some charts.
I updated my chart!
I can't remember how I chose the colour of the line. It's "#D2691E" or "hot cinnamon".
One type of Kyoto carbon credit (the Emission Reduction Unit) was overcome by fraud and corruption in Ukraine and Russia. Virtually all of the credits issued by these countries are ‘hot air’ – they do not represent true emissions reductions. (Chapter 2)
Proportional to our emissions, New Zealand has been by far the largest purchaser of these Ukrainian and Russian credits through our Emissions Trading Scheme. This was due to deliberate decisions by the National-led Government to – unlike any other country – continue allowing unlimited use of these and other foreign credits for as long as the international community let us. (Chapter 3)
This fraud has had several nasty side-effects: It sent the price of carbon units in our Emissions Trading Scheme (ETS) to virtually zero, hammering our nascent carbon forestry industry.
From a public relations point of view Bennett's release aimed to sow and spread and cultivate 'talking points' that support the Government's preferred climate policy narrative. Which is of course that:
New Zealand is doing enough on reducing anthropogenic greenhouse gas emissions. New Zealand complies with its climate target obligations (via 'carbon credits') under the Kyoto Protocol and the UNFCCC. New Zealand has a moderated balanced emissions trading scheme and is doing research on agriculture and helping out in the Pacific and 'punching above our weight' in the international negotiations. All in all New Zealand is doing enough about climate change!
However, New Zealand (irrespective of who was in Government) has historically always sought to use loopholes to comply with emission reduction targets.
So for the talking point "We are meeting our obligations", the reality is "we used creativecarbon accounting to obscure the fact that gross and net emissions of greenhouse gases have increased by 21% and 42% since 1990 respectively".
Categorising the emissions by sectors of the economy makes it very clear that pastoral agriculture by far and away contributes more than any other sector. Emissions from agriculture are twice as large as the second largest sector, energy. I added the projected growth of each industry sector by percent since 1990; agriculture, + 22%; energy, + 19%; transport + 60%; industry + 101%; waste, + 4%.
I think we need to understand that this target, just like its predecessors, is a complete fiction. Groser and National have no intention of ever adopting any measure that will make NZ’s greenhouse gases deviate from continued ‘business as usual’ growth.
Note that the Ministry for the Environment's website says; “New Zealand will meet these responsibility targets through a mix of domestic emission reductions, the removal of carbon dioxide by forests and participation in international carbon markets.”
Brian Fallow says the MFE’s (dodgy) economic modelling assumes 80% of the “reduction” will be “met” by buying international carbon units.
On that basis, they can then just repeat the Kyoto Gross-Net forest accounting fudge of saying the baseline is ‘gross’ or total emissions and that the target will be ‘net’ including credits for afforestation and reforestation. There we have it! Zero domestic reductions in emissions.
The target is provisional and conditional on 1) access to carbon markets, 2) land use and forest rules NZ agrees with (presumably to keep the Kyoto Gross Net fudge), and 3) effective and affordable mitigation technology for agriculture.
On that basis, New Zealand might start to reduce domestic emissions but only if the rest of the world at the UNFCCC Paris December 2015 meeting bends over backwards to meet Tim Groser’s unattainable provisos.
Whatever approach Paris 2015 takes and whether it “succeeds” or not, the rules of whatever agreement, if there is one, will probably take several more years to thrash out. All of which enables New Zealand to claim the conditions haven’t been met, so no reductions. Even if some perfect rules appear, NZ can say “Sorry our little-battling-punching-above-its-weight Agricultural Research Centre still hasn’t given us affordable mitigation for pastoral agriculture.
This is real “heads we win, tails the atmosphere loses” approach.
In November and December later this year, the 21st Conference of the Parties of the UNFCCC will meet in Paris and hopefully conclude an international treaty that will begin in 2020 and limit emissions of greenhouse gases enough to keep average warming of the planet to no more than two degrees Celsius above pre-industrial temperatures.
The draft Paris text mentions a global temperature increase of 2 degrees C about 20 times. Sometimes followed by "or 1.5 degrees C", obviously an alternative. The usage is that these metrics are a "global temperature goal" (page 6). This is more obvious when set out in full: "holding the increase in global average temperature below 2 degrees C or 1.5 degrees C above pre-industrial levels" (page 5).
So we can understand 1.5 degrees C and 2 degrees C as the quantitative measures of the undefined phrase 'dangerous anthropogenic interference with the climate system' from the UNFCCC.
So the 2 degrees C limit can be described as the de facto goal of climate policy, or possibly the central pillar of climate policy a bit like the myth of the World Turtle on which the world of climate policy rests. But more about turtles later.
The alternative 1.5 degrees C limit was proposed in July 2009 before the 2009 Copenhagen Summit by AOSIS, the coalition of 42 of the world’s most vulnerable small island states as they considered a 2 degrees C limit would exceed a safe threshhold for their survival and protection.
At the 2009 Copenhagen Summit, the AOSIS countries were joined by the mainly African Least Developed Countries bloc in rejecting the 2 degrees C limit in favour of a 1.5 degrees C limit. Tuvalu unsuccessfully proposed to amend the UNFCC treaty to include the 1.5 degrees C limit.
Consequently the 2012 Doha UNFCCC meeting set up a Structured Expert Dialogue. This involved a series of meetings or dialogues between UNFCCC diplomats and selected Intergovernmental Panel on Climate Change (IPCC) authors. We will return to this 1.5 degrees C dialogue after a look at scientist's criticisms of the 2 degree C limit.
Climate scientists have disputed the scientific validity of the 2 degrees C limit. NASA's James Hansen says the 2 degrees C limit is not safe More specifically Hansen and co-authors said in a 2013 paper 'Cumulative emissions of 1000 GtC (billion tonnes carbon), sometimes associated with 2 degrees C global warming, would spur 'slow' feedbacks and eventual warming of 3 to 4 degrees C with disastrous consequences.'
In 2011, the Tyndall Center's Kevin Anderson gave a presentation called 'Going Beyond Dangerous Climate Change: Exploring the void between rhetoric and reality in reducing carbon emissions' (You-tube, audio, slides).
Anderson said the science behind the 2 degrees C limit was now a decade out of date and that 1 degrees C was the new 2 degrees C in terms of a boundary with 'dangerous' impacts. Anderson criticised his fellow climate scientists for giving a 'rose-tinted' framing of emissions pathways that were compatible with continued growth of GDP and the 2 degrees C limit.
More disturbingly, Anderson said the 2 degrees C limit didn't really matter any more as all realistic emissions pathways were now pointing to a 4 degrees C rise in average global temperature by 2100. See also this summary by David Roberts of Grist.
If a 4 degrees C rise in average global temperature was a taboo subject for a while Anderson shattered that idea by organising a 4 degrees C conference and a '4 degrees and beyond' edition of the Royal Society's journal Philosophical Transactions.
In 2012, Anderson gave the Cabot Institute Annual Lecture where he noted that almost all the current low emissions pathways compatible with the 2 degrees C limit included 'negative emissions' and bio-energy carbon capture and storage (BECCS).
Anderson said that these unproven geo-engineering technologies amounted to a 'Harry Potter magic wand' and that therefore most climate scientists were soft-selling the real difficulty of reducing greenhouse gas emissions sufficiently to avoid 2 degrees C of warming.
As we know, in 2013 and 2014 the three working reports of the Fifth Assessment Report of the International Panel on Climate Change (IPCC)) were published. These reports included a new set of global emissions reduction pathways, the representative concentration pathways (RCPs). There were only four pathways ranging from a (more or less) 'business as usual' scenario (4 to 6 degrees C by 2100) and down to the 'crash mitigation' pathway, Representative Concentration Pathway 2.6. That pathway is the only one consistent with the 2 degrees C limit.
The defined pathways have been replicated (repeatedly simulated) by different climate modelling groups on different climate models in order to provide likely outcomes (warming) expressed as probabilities. You know, median warming, warming between 90% confidence intervals or warming of no more than 2 degrees C above pre-industrial temperatures with a probability of 67%. It is these modelling exercises that are behind the IPCC's 1000 billion tonne carbon budget consistent with a 66% probability of staying within 2 degrees C of warming.
In the median RCP 2.6 scenario, GHG emissions from the world's energy system must become negative after 2070. Meaning that the world's energy system, currently some 35% of annual emissions, must operate so that it sequesters more carbon dioxide than it emits.
This means a massive world-wide roll-out of bio-energy carbon capture and storage - thermal biomass power plants allied with faultless carbon dioxide capture and storage in geological formations. The IPCC fifth assessment report included some 116 emissions pathways consistent with keeping warming below two degrees C. Almost all, 101 of 116 scenarios, rely on negative emissions after 2050.
A recent paper in the journal 'Nature' Betting on negative emissions, concluded that the IPCC was betting on unproven technology in relying so much on bio-energy with carbon capture and storage. At this point I must say I am starting to worry about the turtles supporting the pillar of climate change policy. One of the authors of that paper Glen Peters argues that only in computer models will negative emissions limit global warming to two degrees C.
So where does this depressing news leave the UNFCCC's review of the 2 degrees C limit? The Structured Expert Dialogue wrapped up only last month on 11 May 2015 in a 182 page report. Which I wouldn't download. A ten-page summary by Climate Analytics tells us that the expert dialogue report agrees with island states and the less developed countries that that 2 degree C is too high and that the 1.5 degree C goal would reduce risks.
A final pertinent point is made by one of the SED IPCC authors Petra Tschakert that
"a single-index of climate change risk inadequately capture(s)) the complexity of the climate system, it also poorly reflects locally experienced temperature increases and extremes and hence the large variation across regions and continents. No single person or any single species faces a global average."
Roll on the BECCS. Roll on some more turtles. If negative emissions and BECCS represent emissions reductions policy resting on a supportive mythical turtle then the claim of feasibility for holding warming to 1.5 degrees C is Turtles all the way down.
They were a nice couple. They met at the United Nations Framework Convention on Climate Change. They set an example for the rest of the world. but..after five years, New Zealand broke up with Kyoto Protocol. Kyoto says New Zealand wouldn't give a second commitment...even though they set up international emissions trading together. Lately New Zealand is believed to be hanging around Durban Platform.
In which I discuss the Durban UNFCCC international climate negotiations through a historic lense of the Second World War and the Rio 1992 Earth Summit.
"I don’t see how negotiations on an international climate treaty can proceed to an agreement that would actually stabilize the composition of the atmosphere at a level that would not cause [dangerous anthropogenic interference] without more demand for such an agreement coming from the global population"
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David Lewis compares the global demand for action in the international climate change negotiations with the changing British attitudes to 'Total War' with Hitler's Germany in 1940. Lewis implies that in the climate change negotiations, each government is "trapped in a circumstance where it can’t generate the national will that’s necessary".
In terms of the purposes served by international climate change negotiations, I would go a step further than that thoughtful comment from David Lewis. I say that the negotiations have never had the goal of producing a binding treaty to stabilise greenhouse gas concentrations. Governments instead use the negotiations as one of their reasons for not reducing emissions of greenhouse gases and for continuing with 'business-as-usual'.
Let me summarise my contention using another reference to the Second World War.
Q. Whats the difference between Neville Chamberlain's negotiations in 1938 with Hitler in Munich that lead to the annexation of Czechoslovakia and the UNFCCC international climate change negotiations? A. Neville Chamberlain only went once to Munich.
In making my argument I am influenced by a paper my late father Robin Johnson wrote in 1992 about the political-economy of the Rio Earth Summit. Robin uses the term "political-economy" to indicate he is considering the various groups with interests in the Earth Summit and asking what interests were served by the outcomes.
Robin noted that the expected outcomes of the Rio Earth Summit were binding signed international conventions on climate change and biological diversity. However, the actual outcome was a "framework convention...full of resounding phraseology and generalities".
Robin says the reason for this outcome was the fundamental split between the 'North' (developed countries) and South (developing country) blocs. Neither bloc was was willing to put global interest ahead of national interests. Instead, the outcome of the Earth Summit consisted of "non-binding language ... adopted to get all major nations to sign".
No agreement except on non-binding rhetorical statements! Sound familiar, doesn't it? Isn't that whats happened with all the subsequent climate change talks?
Robin's paper uncannily predicts much of the next 19 years of inconclusive negotiations. He wrote "Prior to meeting in Rio, some governments expressed concern that the Earth Summit would become a "pledging conference" where world leaders would be expected to step to the podium and announce their country's contribution." Copenhagen 2009, anyone?
Robin concluded "The challenge for those seeking action will be to channel the outcomes of Rio into concrete action by member states". Substitute "Bali 2007" or "Copenhagen 2009" or "Cancun 2010" for "Rio", and we can re-use that conclusion for all subsequent international climate change negotiations.
So, from a political economy point of view, the climate change negotiations have had the effect of ensuring that international opinion stays "behind the demand curve” for decisive action. After all, that is the function they have served in the 19 years since the Rio Earth Summit in 1992.
So I think we need to let go of the idea that the negotiations as they are currently constituted and conducted will make any useful contribution to the kind of decisive international action that is required. We need to accept that the negotiations are just another forum for business and politics as usual.