Page 10 - AsiaElec Week 45 2022
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AsiaElec                                      COMMENTARY                                             AsiaElec











































                         cause global emissions to breach dangerous lev-  176 last year. 70 of their delegation this year are
                         els. Increasing our reliance on fossil gas cannot  classed as fossil fuel lobbyists.
                         be the solution to today’s climate and energy cri-  Despite taking place in Africa, there are more
                         ses anywhere,” he added.             fossil fuel lobbyists registered than any national
                           Gas is marginally more acceptable as a fuel,  delegation from the African continent.
                         when compared to oil and coal, because of its sta-  “The extraordinary presence of this industry’s
                         tus as a bridging fuel, an idea that is being used in  lobbyists at these talks is therefore a twisted joke
                         Europe to raise LNG imports and allow invest-  at the expense of both people and planet,” said
                         ment in more import capacity.        a spokesperson for Corporate Accountability,
                           “Unabated fossil gas is hardly embraced by  Corporate Europe Observatory (CEO), and
                         the sustainability community as a ‘bridging fuel’  Global Witness (GW), who analysed COP27
                         in the energy transition process. That role is also  attendee lists.
                         less needed as the International Energy Agency   Meanwhile, CAT warned that global warm-
                         recently concluded that natural gas demand  ing was unlikely to fall with the Paris Agree-
                         reaches a plateau by the end of the decade in  ment’s 1.5˚C goals, and said that its forecast was
                         its scenario based on prevailing policy settings.  unchanged over the past year,
                         That is earlier than recently anticipated as Rus-  Its annual projections for global warming
                         sia’s invasion of Ukraine is accelerating a search  were the same as at COP26 in Glasgow, as few
                         for alternatives, such as renewables, coal and  governments have increased their 2030 emis-
                         LNG. But, more coal and LNG use can also delay  sions targets, made new net zero commitments
                         the realization of net-zero emissions,” said ING’s  nor substantiated them.
                         senior sector economist Gerben Hieminga and   Global Warming in 2100 will be 2.4˚C, the
                         ESG researcher Coco Zhang.           same as the CAT projected in Glasgow; includ-
                                                              ing long term net zero commitments would take
                         Gas lobby                            it to 1.8˚C and the current policies pathway – a
                         The LNG warning came as COP27 played host to  reflection of action on the ground – remains at
                         a large and influential number of attendees from  2.7˚C.
                         the fossil fuel industry.              “With governments focussing on the energy
                           Up to 636 fossil fuel lobbyists were registered  crisis, this has been a year of little action on the
                         to attend COP27, Global Witness said.  climate: almost no updated national climate tar-
                           This is 100 lobbyists more than attended the  gets for 2030 and no significant increase in par-
                         Glasgow COP26 summit last year, the group  ticipation in Glasgow initiatives on coal phase
                         said, lamenting what it described as “rise in the  out, clean cars and methane,” said Niklas Höhne,
                         influence of the fossil fuel industry”.  of CAT partner organisation NewClimate Insti-
                           More fossil fuel lobbyists than any single  tute. “And without strong 2030 action, govern-
                         national delegation, Global Witness said, while  ments cannot reach net zero.”™
                         the UAE registered 1,070 delegates compared to



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