I've been a poor sleeper for years, ever since I had children really. So this morning about 6am - after finishing the novel I was reading and messing on Facebook - I started looking on the web for info about the COP17 talks at Durban. These are important climate talks, not unlike the ones that hogged the world's attention when they were in Copenhagen. There is so little to find, although I did uncover a shocking post from Reuters about how the failure of these talks looks set to drown island states, with first on the list being Tokelau. In contrast the meltdown of the Eurozone (thanks again Cameron for messing things up) had headline after headline.
In a contest of Durban v Lisbon, the latter is clearly the outright winner. Money drives news agenda a zillion times over attempts to save the world.
And yet there is some good news around. For instance I found this news item below on the ecogeek website. It's from the LA Times. I think it is good news that investments in renewable energy topped fossil fuels last year - although as the UK isn't exactly doing this, who on earth is? There's another glitch: the enormous sum of $157 billion was also invested in new natural gas, oil and coal plants - the fossil fuels that are causing climate change...
Really you couldn't make this skewed understanding up - as I read in Rosamund Urwin's Evening Standard column yesterday we'd rather see our great grandchildren swim to school than pay just a tad more tax to try and tackle the problems of climate change now, when we actually still might be able to do something.
Investments in Renewable Energy Topped Fossil Fuels Last YearWritten by Megan Treacy on 29/11/11 For the first time, investments in renewable energy projects surpassed those in fossil fuel power plants, according to Bloomberg New Energy Finance. Last year, $187 billion was invested in renewable energy installations, while $157 billion was invested in new natural gas, oil and coal plants. The increase in investments in the sector, even while in a down economy, has led to price drops in equipment and renewable energy power, making solar and wind power far more competitive with coal power. Renewable energy subsidies deserve a lot of credit for the spending increase: about $66 billion in subsidies were handed out last year. It's a great bit of news as another round of global talks on the climate crisis is likely heading nowhere as we speak. via LA Times
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