May 4, 2015

Clarissa Lins debates Energy and Climate in a seminar organized by the Ditchley Foundation

Catavento present in International Conference in England

On April 14-16 2015, Clarissa Lins participated in a seminar at the English institution known for promoting high quality debates on relevant and timely topics. The conference had as its central theme the dilemmas of Energy and Climate Risk, discussed from three perspectives: political, economic and technological.

Obeying Chatham House rules (where participants’ views are not disclosed to the public), the three days of debate included diverse views from several countries (UK, USA, Canada, Australia, Brazil, China, Russia, India, Japan), contributing to a larger view of different challenges and perspectives.

The conclusions of the discussion will be released soon, although some elements can be registered here:

1. In the political sphere, there is a clear divergence of perception between energy sources and climate risk between developed countries and emerging economies. While the former has more tools to discuss “climate policies,” the latter is more willing to set energy policy that best meets its economic growth project. In this sense, COP21, to be held in Paris in December 2015, has the power to attract the attention of all relevant actors, encouraging signs of global solutions to the climate issue.

2. From the point of view of economic signals, there is a convergence of views on the importance of setting up a carbon price globally, backed by a market cap-and-trade. This should not be regarded as an impediment to economic development but a move that can fuel innovation in a world that is less carbon intensive.

3. On the technology front, the Conference pointed to the need not to give up on any developing technology, prioritizing those that contribute more effectively to the decarbonization of the energy matrix. Energy efficiency plays a key role in the transition to a low carbon economy, as well as natural gas and renewable sources.

Finally, participants signaled the importance of the various decision makers, both in government and in business, to consider dilemmas to be faced as intrinsically related. There is no use in thinking only about energy or only about climate risks. It is necessary to establish the vision of society and economy that a country or a city desires and from there, set the necessary energy model and finally consider climate impacts.