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Kyoto, ou tard - #DATAGUEULE 51 - YouTube
Channel: Data Gueule
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Constraints without constraints is ruining climate.
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Hello.
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Kyoto, ex imperial capital of Japan, its majestic temples, its million and a half inhabitants and its famous protocol.
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Passed in 1997, already 18 years ago, the goal of this protocol was to quickly reduce global green house gas emissions.
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In the text, all the signatory states committed to a quantifiable reduction of emissions.
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A reduction calculated from the level of emission of 1990.
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Europe, for example, committed to an 8% reduction compared to 1990, spread out on the globality of the states composing it.
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Japan was aiming at 6% and USA at 7%.
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The main goal was to reach a global reduction of 5% for the main emitters of that time.
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2014, results are announced.
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Global emissions dropped by 24%,
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the signatory states exceeded the original aim of 5%.
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So here we are ? are we saved ?
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before cracking open a champagne bottle lets look what is hiding behind this bubble.
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Already in 1997 the USA refused to sign the protocol.
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Goodbye the promise of a 7% reduction.
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The world biggest polluter goes back to polluting without any constraints. Too bad..
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In 2011, its northern neighbour, the Canada, gives up as well.
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This damn protocol could be responsible for the loss of thousands of job and billions of dollars. Change is expensive..
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The good thing is that the protocol allowed Canada to leave.
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Talk about constraints..
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Yeah sure, but the remaining countries did a hell of a job, right?
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Not all. The data of the former USSR states are biased for example.
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The reference year to calculate the reduction was 1990.
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A year after the fall of the Berlin’s wall.
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Yet the European communist regimes took down the industries in their fall. And since these industries produced less, they emitted less.
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Therefore, in 1997, when the states sign the Kyoto protocol, the Czech Republic already emits 30% of CO2 less compared to 1990.
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Bulgaria and Romania are at 50% less and Latvia near 66% less.
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By keeping the USA and Canada in the Kyoto protocol and by calculating the stop of the growth in the former USSR, the results is not the same..
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Instead of the glorious 24% of reduction, we end up with a 6,4% increase of greenhouse gases. Bitter victory.
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Realistically, to reach the reduction goals each state gives away emission permits to the businesses on its soil.
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And bonus gift, the Kyoto protocol plans an exchange system for those permits.
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Since 2005 only Europe set this carbon stock exchange.
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The businesses who managed to reduce their emissions are able to sell their carbon credit to those who are still polluting.
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That way, the efforts to pollute less are financially rewarded and the businesses polluting more pay more.
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In theory.. The idea is virtuous solely if the price of the carbon ton is high.
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At 30€ the ton, like in 2005, at the beginning, you better reduce your emissions because polluting costs a lot.
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The problem is that the exchange rate melted faster than the Arctic’s ice.
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End 2006 the CO2 ton went under the 10€ line and by the end of 2007 under 3€.
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Why change when polluting permits are almost free ?
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that’s a way to stop the machine..
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and it doesn’t end there. Between 2008 and 2011, Arcelormittal, giant of the steel industry received 352 millions of CO2 tons as emission permits.
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But these permits are based on an estimation of the future production of the business. In the mean time the financial crisis went through.
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Arcelormittal reduce its activity and emitted only 228 millions of CO2 tons. Remains a nice 128 millions of tons in the carbon balance of the giant.
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In 2010 and 2011 Arceloremittal partly sold the permits, gaining 211 millions of Euro.
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Being one of the biggest CO2 emitter in France is beneficial..
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And since 1997 world has changed.
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China and India are the new world’s factories, welcoming the polluting occidental industries.
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In 2005, when the Kyoto protocol came into effect, China became the world’s biggest CO2 emitter with 6 billions of tons, just ahead from the USA.
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A dyad joined by India in 2009, 3rd largest world emitter. And guess what ?
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this trio is not part of the Kyoto protocol.
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In 2012 the first part of the protocol officially ended.
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Since then no other international tools fighting against the global greenhouse gases level came into effect.
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After this half defeat we have to get up and do it all over again. Differently.
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