U.S., Mexico, Canada to Collaborate on Climate Adaptation
Upgrading power grids, reducing greenhouse gas emissions and adapting to climate change are on the agenda for a new international working group composed of the three national energy ministers in the U.S., Canada and Mexico.
U.S. Energy Secretary Ernest Moniz, Canadian Minister of Natural Resources Greg Rickford, and Mexico Secretary of Energy Pedro Joaquín-Coldwell will collaborate on six different climate adaptation and energy issues. Those include building low-carbon electric power grids and other energy technology, developing new ways to capture carbon and store it, creating climate change resiliency, and reducing greenhouse gas emissions from the oil and gas sector.
The announcement comes weeks after all three countries formally set their 2030 greenhouse gas emissions targets in the runup to international climate negotiations set to begin this December in Paris.
Over the next 15 years, Canada is aiming to slash its emissions by 30 percent below 2005 levels, while Mexico plans to cut its greenhouse gas emissions 22 percent below current levels. The U.S. is targeting a 28 percent emission cut compared to 2005 levels.
The collaboration will be critical to deploying new renewable energy technology, modernizing the power grid and increasing energy efficiency to combat climate change, and reaching greenhouse gas emissions targets, Moniz said in a statement.
“North America has deeply integrated economies, abundant reserves, shared critical infrastructure and common values that underpin our long, productive history of collaboration,” Rickford said. “By cooperating with our North American partners, we are enhancing energy security and the environment while strengthening jobs and the economy.”
The working group is a step in the right direction, but it’s not a big leap toward North America doing its part to keep global warming below 2°C, or 3.6°F, Andrew Finn, an associate in the Canada Institute at the Woodrow Wilson Center, a nonpartisan global policy think tank, said. International negotiators have said that a rise beyond that level will mark the point at which climate change may become unacceptably dangerous.
“A lot of it is going to be a focus on new technology and grid efficiency,” Finn said, adding that sharing technology and best practices can be helpful in advancing clean energy and energy efficiency.
“Having these conversations is good and might set the groundwork for something more ambitious down the road,” he said.
U.S. Energy Secretary Ernest Moniz, Canadian Minister of Natural Resources Greg Rickford, and Mexico Secretary of Energy Pedro Joaquín-Coldwell will collaborate on six different climate adaptation and energy issues. Those include building low-carbon electric power grids and other energy technology, developing new ways to capture carbon and store it, creating climate change resiliency, and reducing greenhouse gas emissions from the oil and gas sector.
The announcement comes weeks after all three countries formally set their 2030 greenhouse gas emissions targets in the runup to international climate negotiations set to begin this December in Paris.
Over the next 15 years, Canada is aiming to slash its emissions by 30 percent below 2005 levels, while Mexico plans to cut its greenhouse gas emissions 22 percent below current levels. The U.S. is targeting a 28 percent emission cut compared to 2005 levels.
The collaboration will be critical to deploying new renewable energy technology, modernizing the power grid and increasing energy efficiency to combat climate change, and reaching greenhouse gas emissions targets, Moniz said in a statement.
“North America has deeply integrated economies, abundant reserves, shared critical infrastructure and common values that underpin our long, productive history of collaboration,” Rickford said. “By cooperating with our North American partners, we are enhancing energy security and the environment while strengthening jobs and the economy.”
The working group is a step in the right direction, but it’s not a big leap toward North America doing its part to keep global warming below 2°C, or 3.6°F, Andrew Finn, an associate in the Canada Institute at the Woodrow Wilson Center, a nonpartisan global policy think tank, said. International negotiators have said that a rise beyond that level will mark the point at which climate change may become unacceptably dangerous.
“A lot of it is going to be a focus on new technology and grid efficiency,” Finn said, adding that sharing technology and best practices can be helpful in advancing clean energy and energy efficiency.
“Having these conversations is good and might set the groundwork for something more ambitious down the road,” he said.
You can return to the main Market News page, or press the Back button on your browser.