It is clear that the UN climate negotiations are now in tatters. The most ominous move, this time by the European Community, is to create a formal mechanism to separate the UN’s carbon market from the Kyoto Protocol, which is currently its legal basis.
It was already on the table last December, but this swift death to Kyoto, which contains the only currently operational principle of historical responsibility, is quickly being realized.
On the other hand, for climate justice activists the miserable condition of the UN negotiations can lead for a much stronger statement of the necessity of directly confronting the causes of climate change.
Working with the Climate Justice Research project, I have created a proposal to directly cap fossil fuel extraction. ‘Keeping the coal in hole’ is a long-standing demand of climate activists. This proposal suggests we can use a ban on fossil energy extraction as a price driver with a direct effect on the climate and on the economy.
We know that climate policy will be effective only if the vast majority of fossil fuels stay untouched, safely and geologically intact. The science is very clear. Here is a proposal to make it happen.