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The Coming Heat Age

Wu Changhua – Mareeg.com-BEIJING (01/12/2013)– In the last 100,000 years or so, our planet has endured an Ice Age and a
few mini-ice ages. But now, with the earth on track to be four degrees Celsius
warmer by 2100, a “Heat Age” is looming over us all.

This is not fear-mongering. According to the Intergovernmental Panel on Climate
Change (IPCC), by 2100 we can expect a mean increase in surface temperature of
3.7ºC, with a likely range of 2.6-4.8 degrees. A warmer world will lead to mass
migration from stricken areas and exacerbate existing wealth gaps between countries.
In the words of David Victor, of the University of California, San Diego, the coming
Heat Age will be “nasty, brutish, and hot.”

Greenhouse-gas emissions are expected to reach a record high of 36 billion tons this
year. That figure is expected to grow dramatically, as the great emerging-market
boom of recent decades, which has lifted billions out of poverty and raised living
standards around the world, puts increasing strain on the world’s environment and
resources. Indeed, by 2030, three billion new middle-class consumers – most of them
in Asia – will add to the ever-growing burden of emissions.

We can already get a sense of the far-reaching consequences of climate change. In
2010, a major drought in eastern China damaged the wheat crop, forcing the country
to rely on imports. This, combined with major wildfires in Russia’s wheat-producing
areas, helped to double average food prices in global markets.

In the Arab world, many people must spend around half of their income on food,
compared with just 5-10% in Europe or the United States. Not surprisingly, the spike
in food prices was a contributing factor in the civil unrest that sparked the Arab
Spring.

As the link between global food prices and political instability demonstrates, we
live in a globally interconnected world, in which we are failing to produce in the
right way or create the right economic incentives to address profound environmental
threats. As World Bank President Jim Yong Kim has put it, climate change is a big
problem with small solutions.

So what can be done to find big solutions? At the World Economic Forum’s recent
Summit on the Global Agenda in Abu Dhabi, I made three suggestions to tackle climate
change.

First, we need to create a new “coalition of the willing” – including businesses,
NGOs, national policymakers, and local governments – that will unite around basic
rules and principles to cap emissions by 2020 and limit global warming by 2100 to
2ºC (the tipping point beyond which dangerous climate change would become
unstoppable). This coalition should draft a framework that countries can adopt and
present it at the United Nations climate summit in the fall of 2014.

Second, we need to ensure that there are appropriate economic incentives for those
countries that sign up – and that there are disincentives for those that do not.
Measures could include a global financing mechanism for green energy, available only
to member countries.

Finally, instead of relying on the UN as a negotiating forum, countries should
cluster around specific initiatives, from renewable power to sustainable
agriculture. These clusters will, I believe, be more agile and more able to act than
one overarching structure.

Other ideas that were put forward include offering tax breaks to companies that
commit to cutting emissions; tapping behavioral sciences and open data to improve
public communication regarding climate change; and creating a more positive
narrative that highlights the benefits for all countries of multilateral efforts to
limit greenhouse-gas emissions.

With the successor to the UN’s Millennium Development Goals due to be adopted in
2015, there has also been serious discussion about how to make efforts to combat
climate change an integral part of global efforts to eradicate poverty and give
people a more dignified life. The new Sustainable Development Goals should be
explicitly linked to environmental issues; after all, hunger cannot be eliminated
without taking into account the complex interaction between agriculture, water, and
extreme weather.

Given that China currently is the world’s largest emitter of greenhouse gases, it
clearly has an outsize role to play. A fundamental shift from heavy reliance on coal
to clean energy must be accomplished. China must stop subsidizing fossil fuels,
embrace the electric car, and tackle the thick clouds of urban pollution that are a
blight to local residents and a stain on its international reputation.

China has already made some great strides in the areas of the environment and clean
energy. And China’s 12th Five-Year Plan provides a clear national policy direction
on energy saving, emissions reduction, and industrial development. The task for
China’s government now is to translate these plans into a demonstration of real
leadership, thereby helping to steer the earth’s trajectory away from disastrous
levels of warming.

The urgency of the problem cannot be doubted. Indeed, IPCC scientists are 95%
certain that human activity is the cause of climate change. If you were told that
there was a 95% chance that your house would be robbed, you would not wait; you
would take preventive action immediately. That is what the world must do.

Wu Changhua is Greater China Director of The Climate Group.

Project Syndicate, 2013

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