Fake Fossil Fuel technology pretending it’s a solution – What Eco Socialism looks like in NZ

Oh look at that.

Another bullshit fake technology pimped by the Fossil Fuel Industry to delay doing anything that actually forces real world change on emissions…

Carbon capture: Pivotal project for cutting greenhouse gas emissions looks shaky

A critical part of the government’s plan for cutting greenhouse gas emissions over the next five years appears to have fallen over.

A huge chunk of the government’s climate success rests on a single project, which the owner now says probably won’t happen because it doesn’t stack up commercially.

Fully a third of the carbon savings needed to meet the government’s legal obligations to cut emissions from 2025-2030 was supposed to come from carbon dioxide being stashed permanently under the seafloor of Taranaki, at the Kapuni gas field.

Kapuni’s owner Todd Energy says the project’s future is uncertain unless it gets some kind of extra incentive or subsidy from the government – something the government currently shows no signs of offering.

Carbon capture and storage (CCS) condenses carbon dioxide and stores it underground in reservoirs – hopefully forever.

Despite controversy over subsidies being handed to fossil fuel companies for CCS, and accusations of under-delivering, several muti-billion-dollar projects are underway overseas, with mixed success.

Chevron’s huge Gorgon facility in Australia badly underdelivered on what was promised, but other projects such as the smaller Moomba project got off to more promising starts.

Kāpuni was expected to be New Zealand’s first CCS project, starting around 2027.

Todd Energy hoped to capture carbon dioxide right at the point where it was released as part of the process of extracting gas from the field, condense it and stash it, permanently, in the empty fossil fuel reservoirs that previously held the gas. There was also space at the field to store emissions from other polluters, Todd said, if it could be transported cost-effectively.

Like Moomba, the project would involved reinjecting CO2 back into the same depleted reservoir long used for gas production, which Todd describes as low risk.

Todd Energy told the government that with a January 2027 start-up date, up to 2.7 million tonnes of CO2 could be captured from the Kapuni field over the life of the project.

Government officials were sufficiently convinced that CCS would start at Kapuni around 2027 that they included the project in their calculations underlying the government’s Emissions Reduction Plan.

That plan showed the government would just manage to meet its 2025-30 carbon budget, despite having slashed other carbon-saving policies such as clean energy subsidies and stronger emissions standards on car imports.

…let’s see if we can get this completely fucking straight

The Government slashed public transport, slashed making the Ferries rail capable and allowed corporate dairy off any inclusion of methane based on the belief this questionable technology would work just as we are now being told it won’t?

The Government slashed all our possible means of doing that based on the faith that these 3 magic beans being sold to us by the Fossil Fuel Industry would make a golden goose?

Y-e-a-h.

Folks, bullshit solutions from the very corrupt Industry that have spent 300 years polluting the planet won’t actually do what needs to be done.

The truth is that the marketisation of carbon credits is a fantasy that doesn’t offset any fucking thing.

It’s a vast scam, it always has been…

In the United States from the 1960s, pollution market proposals failed to materialise. Eventually, within the 1990 US Clean Air Act 263, coal, oil and gas-powered industry installations joined a sulphur dioxide permit trading scheme. A 29% emissions reduction for the following decade was less than the 60% achieved by comparable EU installations then subject to state regulation. Even the US decline was attributable to the Clean Air Act; the actual purpose of the emissions trading initiative was to”merely to try and make the regulated reductions cheaper for the polluting industries”.

Us economists nevertheless framed their sulphur emission reductions as a vindication of the price mechanism. At the 1992 Rio Earth Summit, International decision-making on carbon emission s and global warming mitigation was inaugurated by the UNFCCC. Under this rubric, the international Energy Agency and the OECD tasked an expert group to seta. greenhouse gas trading scheme for industrialised nations. Meanwhile, US Government advisors established a carbon trading negotiations framework for the Kyoto UNFCCC meeting in December 1997. AT this Conference of the Parties (COP), Al Gore’s delegation rejected arguments for a taxation-regulation approach to carbon emission reduction and forced through a market-based trading schema. Although President George W Bush later withdrew from the protocol in March 2021, the ideological commitment forged at Kyoto was pivotal. By this time the IPCC founded in 1989 had collated strong scientific evidence that growing carbon emissions were increasing global warming. Firming scientific consensus on anthropogenic climate change informed the first ever international gathering requiring countries to reduce carbon and other greenhouse gas emission. At the time, and even more in retrospect, COP3 represented a critical conjecture. Kyoto delegates were not simply dealing with a major configurable problem; fossil-based capital accumulation was destabilising the Earth system and life forms therein.

Within this surrounding totality, the Kyoto Protocol facilitated international, supranational, national, regional and inter-city architectures for carbon trading. Initially the Clean Air Development Mechanism (CDM) and Joint Implementation (JI), as distinct UN governing bodies, designed projects likely to reduce greenhouse gas emissions and advance renewable energy projects. The former body (CDM) covers countries without Kyoto-established emission targets. Joint Implementation carbon credits were available for countries with set Kyoto targets in the EU, North America and ex-Soviet Union alongside Japan. Carbon markets researcher Gareth Bryant has pointed out that specifiable reductions were a measure of “the difference between actual greenhouse gas emissions and a baseline  scenario of what would have occurred in the absence of the project”. Such differences were rendered commensurable by carbon credits. Certified emission reductions for the CDM and the emissions reduction units for the JI could be sold to governments and, eventually, individual companies.

Obtaining and surrendering carbon verist on a counterfactual basis became an alternative to reducing carbon emissions at the source. The Kyoto Protocol , involving 193 countries, required governments of developed nations to reduce greenhouse gas emissions 5.2% below 1990 levels by 2012. Yet for the dame period, IPCC advice to its parent body (UNFCCC) called for 60%-80% cuts in carbon emissions at source. Controversially, the Kyoto Portico also identified six measurable and comparable greenhouse gases: carbon dioxide, methane, nitrous oxide, sulphur hexafluoride, hydrofluorocarbons and petrol fluorocarbons. In carbon markets, they were deemed as qualitatively  equivalent, fungible and tradable units despite their different heat-trapping properties in the atmosphere over time. Growing integration between the EU Emissions Trading Scheme (ETS) and CDM drove carbon trades worth billions of dollars, involving thousands of industrial projects across supranational, national and subnational jurisdictions. Alongside the UN-administered CDM process, a voluntary offset market enabled developed countries and major corporates to meet emission reduction targets by providing investment assistance to developing countries anting to construct low and non-carbon projects. Such schemes were set within regulations beyond UNFCCC purview. Carbon markets themselves were, in part, extensions of global capitalism. The IETA, for example, representing 176 transnational financial, legal, energy and manufacturing corporations profited from the banking and borrowing of carbon credits, financial intermediation in carbon markets, plus the lobbying of government regulators for pollution rights. Major purchase of UNFCCC carbon credits included Barclays Capital, Deutsche Bank, BNP Paibas Fortis, Kommunal Kredit, Sumitomo Bank and Goldman Sachs. 

After rapid expansion of overlapping emissions markets from 2005 to 2008, collapsing carbon prices and fragmenting carbon markets slowed the development of emissions savings projects. Oversupply of emission allowances devalued carbon credits  and reduced investor interest in the CDM. From 2008 to 2011 inclusive, credits generated by new CDM projects declined year on year. In 2012, political economists Steffan Bohm, Anna-Maria Murtola and Sverre Spoelstra, in a climate issue anthology, declared, editorially, that the Copenhagen, Cancun and Durban COPs for 2009, 2010 and 2011, respectively, were “tremendous failures in terms of their inability to agree to a new post-Kyoto emissions reduction regime”.

  At Durban, participants, especially from the EU, proposed a carbon crediting and trading initiative involving internationally, competing installations from multiple economic sectors including steel, cement, lime, pulp and paper, aluminium, plus upstream oil and gas production (flaring, venting). Mooted bilateral and unilateral market mechanisms would allow countries to assemble, jointly or individually, their own trading regimes and count the results towards global targets. Also discussed were new carbon offset mechanisms and projects for reducing emissions from deforestation and forest degradation (REDD+). After the Durban Conference, admisdt collapsing carbon prices, climate finance researcher Reyes concluded that “the creation of new market mechanisms would simply exacerbate the problem of an overproduction of emissions allowances”. This process would also reproduce the tendency whereby “offsetting increases rather than reduces greenhouse gas emissions”. Climate justice networks were similarly sceptical. Already the April 2010 Cochabamba World Peoples Conference on Climate Change had proposed the decommission of carbon markets, including the ETS. In February 2013, over 130 environmental and economic justice groups signed a declaration entitled “It is Time to Scrap the ETS!”

Major corporates, however, were committed to carbon pricing as the essential remedy for mitigating anthropogenic climate change. In September 2014, a World Bank group statement signed by 76 countries, 23 subnational regions and over 1000 companies and investors urged government leaders to price carbon, an initiative timed to coincide with the UN Secretary General’s International Climate Summit in New York. Over 120 state leaders attended alongside representatives from business, civil society and universities. The 2015 United Nations Climate Change Conference in Paris revealed a central incompatibility between diagnosis and prescription. All parties acknowledged the scientific consensus: anthropogenic climate change was extant and irremediable without substantial countermeasures. Protocols signed by 196 countries agreed to hold global average temperature increases under 2% and to pursue a 1.5% limit. A 5-yearly international stocktaking of emissions performance would begin in 2023. But to meet Paris Agreement targets, parties continued to follow market-based approaches, not direct regulation. Under a Nationally Determined Contributions (NDC) scheme, individual countries would voluntarily determine their emission mitigation targets subject to regular disclosure and review. Without an overarching carbon market architecture or governance structure, diverse approaches to mitigation accounting proliferated. Meanwhile, many corporates engaged  in carbon-greenhouse gas emission credit markets and offset markets. During 2020, Nicolas Kreibich and Lukas Hermwille surveyed 482 large companies involved in balancing carbon-greenhouse gas emissions against carbon sink absorptions through carbon credit trading. Out of their sample, 216 companies with combined annual revenue of over US$7.5 trillion were participants in carbon offset markets for oil, chemical, steel, aviation and dairy companies plus others with high carbon/greenhouse gas emission levels. Such markets were perceived by companies as the only viable means for reaching carbon neutrality. Kreibich and Hermwille expressed “significant doubt” that such targets could be met.

Clearly, carbon credit and offset markets were, and are, unaligned to the broad concerns and goals of the Paris Agreement. Furthermore, companies and governments hoping to meet emissions reduction targets were not legally obliged tho do so. Such anomalies drew more scathing assessments. For James Hansen, Paris temperature reduction goals were fraudulent. Global gatherings of this kind were pointless without volume-based taxes on greenhouse gas emitters. Similarly, economist and climate policy analyst Clive Spash declared that “the aspirational targets bear no relationship to the reality of what governments and their business partners are doing”. In his view, they could not be met without planned, coordinated reductions in the extraction of fossil fuels and unless major emitters were held culpable. Hansen and Spash’s viewpoint was strengthened by fossil capitalism’s contemporaneous commitment to extreme carbon extractives. High-emitting shale oil and bitumen oil projects signified the futility of Paris Agreement aspirations.

The apparent inclusivity of global ecological concern and voluntarist carbon market initiatives obscured the totality of fossil-based global capitalism. Here, Tamara Gilbertson’s critique of such rhetoric and the introduction of NDCs is historically pertinent:

NDCs consist of a series of answers to questions on emissions reduction targets for each participating  party of the UNFCCC regardless of GDP, development status or historical responsibility. Thus, the discourse shifted from problematising overconsumption and historical fossil fuel use in industrialised countries, to a narrative whereby climate change becomes an equally shared responsibility of all nations. This essentially whitewashes and erases its history and politics.

  From the Kyoto Protocol to the Paris Agreement then, attempted international consensus  building over climate goals and carbon emission schemes dehistoricized and depoliticised a global-temporal emergency.

The Anthropocene, Global Capitalism and Global Futures: Times Out of Joint – ProfessorWayne Hope

…look.

I believe, and have been arguing for some time, that climate change is the existential threat to late stage capitalism and that the reality and scale of what we face demands urgent and radical solutions.

There are many in agriculture who see first hand the impact of climate change and its increasing intensity.

Those voices are not as powerful as the Dairy Industry and the Pollution Industry and Big Oil.

What those industries want is tepid nothings that look like something is being done while that illusion only makes things worse.

The data doesn’t lie, fossil fuels extraction industries have doomed us to a feedback loop that will make life very difficult in failed state after failed state world.

There is a gravity to the problems we face that National as a politic al party beholden to Dairy are in total denial over.

The Greens, with their very excellent Green Jobs proposal, including the Ministry of Green Works that TDB has been arguing for, at least acknowledges the reality of where climate change is taking us…

Greens announce policy they say will create 40,000 ‘green’ jobs

The Greens have announced a ‘Green Jobs Guarantee’ policy it says could create more than 40,000 jobs.

The party released its policy in Tokoroa on Wednesday morning to mark ‘May Day’ that celebrates the international labour movement.

It wants to set up a Green Jobs Guarantee scheme to create 40,797 jobs with stable working conditions and good incomes.

The party also wants to establish a Ministry for Green Works – modelled off the disestablished Ministry for Works – to create around 25,000 jobs in the construction sector and a further 16,857 jobs from economic activity the Ministry generates.

It would expand the Jobs for Nature scheme to create an additional 15,797 jobs over four years.

The party’s plan would create these ‘green jobs’ by setting up a Future Workforce Agency/Mahi Anamata to plan for future workforce needs and link different workstreams that are currently under-resourced.

It wants to fund a renewed Jobs for Nature programme by partnering with local government, community organisations, iwi and hapū to support conservation work.

Part of its plan for the revamped programme would include short-term projects to provide jobs in areas facing high unemployment and longer-term projects to create training pathways.

Its Ministry of Green Works would be an expanded Rau Paenga, which is part of the Crown Infrastructure Delivery organisation.

…National are in complete denial of the truth, the facts and any relevance whatsoever.

So.

What could Eco Socialism look like in NZ?

Thankfully, Professor Wayne Hope puts forward a basic guideline in his must read book, The Anthropocene, Global Capitalism and Global Futures: Times Out of Joint:

Time Principles of Eco-socialism: A Declaration 

Preamble

Myopic global capitalism is driven forward by a time-profit calculus of growth which disrupts all life. Beneath a parasitic billionaire class, mass worker exploitation, malnutrition, chronic hunger, famine, forced migration and urban slums, disassemble human time worlds. For the destitute, brute survival overrules hope and memory. Transnational corporations, as successors to colonial rule, continue the ravaging of ecological nature and Indigenous civilisation. Most blindly of all, global finance – investment and commercial banks, private equity companies, asset management investors, derivative traders – use real-time technologies to game clock time. Increasing dangers for humans and the planet are blocked out by 24/7 friction-free calculations of risk including climate risk. Within global capitalism, the fossil fuel industry and petro-states increase greenhouse gas emissions and global warming for the unborn. Future conditions of human life are mortgaged against the rising costs of heatwaves, forest fires, floods, receding glaciers, ice sheet contraction, tundra melt, coast-line submergence, island disappearance and deforestation. Generations to come will confront biodiversity decline as the synchronised life cycles of plants, trees, animals, birds and insects unravel. This tragic planetary history disrupts and brings pause to accelerated consumer lifestyles. Global tech giants struggle to impose virtual media bubbles upon anxious and harried user populations. Societies of the spectacle, globally mediated, cannot hide the spreading symptoms of a damaged planet. They can be reset under the time principles of eco-socialism.

 Eco-socialism and its time principles

Eco-socialism is a movement, practice and organisational formation. It incorporates social cooperation, solidarity, cultural diversity and human interactions with nature. Eco-socialist approaches to life preceded colonisation and will succeed global capitalism. Right now, across the planet, multiple eco-socialist practices and programmes are emerging. Thus, an eco-socialist economy utilises renewable energy sources to meet basic social needs – food, clothing, shelter, health, education and meaningful work. This arises from public ownership over energy systems and the means of production. At local, regional, national and international levels, governments institute progressive tax regimes to fund infrastructural development projects. Representative, participatory democracies based on a rights-based legal system pledge to regenerate civil life and repair ecologies. The necessary time principles involved are these.

1: Knowing how to build sustainable ecological communities reflects a reconciliation between the human time of global history and the deep time of Earth history.

2: Repairing ecological life for future generations entails the synchronisation of biotic, animal, bird and insect life cycles.

3: The production and consumption of safe, nutritious food for all nurtures soil-based nutrient cycles and respects the rhythms of seasonality.

4: National agricultural policies prioritise domestic farming traditions of food self-sufficiency over the fast turnover times of corporate agri food production.

5: Energy for electricity grids is naturally renewable over ecological time rather than extracted on the basis of capitalist time.

6: Green, public-urban housing complexes within mass transport networks foster long-lasting intergenerational communities.

7: A steady-state macroeconomy involving re-use and re-manufacture of materials and consumer durable avoids the accelerated turnover times of global capitalism’s value chains.

8: Ending the incessant hyper-consumption of soon-to-be-obsolete products strengthens the steady-state macroeconomy.

9: Technologically enabled reductions in the work-time of waged labour, equally distributed, expand human temporal autonomy.

10: Operating businesses guided by the public memory systems of registries, deeds, statements of account and legal judgements replaced “off-balance sheet” financial speculation.

11: Major banks and other financial institutions fund long-run strategies of renewable energy development.

12: Through monetary and fiscal policies, democratic governments coordinate and plan the steady-state economy over intergenerational time.

13: Slow eco-tourism values the journey itself and fosters cross-cultural; appreciations of time.

14: Activating these principles is a political struggle over the meaning and usage of time

Māori have cultural memory of the first wave of white settler capitalist exploitation resource taking, they have the flax roots knowledge of what sustainability and environmental protection looks like, it is no wonder that international right wing think tanks always aim to attack indigenous rights first to enable the next generation of exploitative resource stripping.

On a global warming planet, the Treaty can protect all our rights when corporations come with their vampire capitalism.

For too long we have allowed polluters to dictate the terms. That has to change.

The Biggest Lie in NZ Politics is that NZ Dairy is the cleanest and greenest in the world when the reality is that it’s a cherry picked nonsense that leaves out pollution so NZ Dairy can get to the numbers to pretend to be clean and green.

Russel Norman’s take down of this Dairy propaganda on The AM Show recently was just ruthless…

“NZ is the biggest seller of a simple commodity called dried milk powder, the cheapest of the cheap, and if you look at what is happening in food production around the world they are looking for more environmentally sound food products.

They are looking for higher value products.

We’ve gone down the pathway of the lowest quality commodity you can produce in the world.

NZ is mid range in terms of its environmental cost per kilogram of milk solids, there is nothing special about it, and we do feed a small number of people compared to the billions on the planet and the economics is very clear that you can be just as profitable if you pull back on the stock rate, pull back on the amount of fertiliser and actually produce a higher product.

Organics is in fact doing incredibly well globally, so why don’t we become a producer of dairy rather than the producer of the cheapest commodity on the planet which results in us trashing our water ways and being big climate producers, that’s a better pathway isn’t it?

…he’s so right!

We always ignore that the 40million number is based on us selling milk powder as a base line ingredient filler for the manufactured food industry. The PR spin pretends it’s wholesome NZ cheese and milk and meat those 40million are eating when the truth is the vast majority of what we export is basic bitch milk powder used as a filler ingredient!

The Climate Crisis was some event we feared at the end of the century, what we are seeing is an unleashing of heat events well beyond what we feared.

There is just no plan to adapt to this new reality when it should be the driving force to begin immediate and radical adaptation for what is coming.

We have no comprehension of what is coming and we are simply not prepared for the age of consequences.

Watching National, ACT and Corporate Farmers use their economic and political muscle to avoid responsibility for what comes next can only be resolved by civil unrest and a campaign of civil disobedience against those interests.

Just consider how the Corporate Farming Lobby have managed to avoid any tax on their pollution since mid 2004!

They have pushed and pushed and pushed it off for 20 years!

National have already promised ANOTHER 5 year extension which will mean the agricultural industry have managed to stop any tax on their pollution for quarter of a century!!!!!!!!!!!!!!!!!!!!!!

Claiming that NZs emissions mean nothing in comparison to China and India isn’t a justification to do nothing, it’s an acknowledgement that radical adaptation is the only move left because those Goliath economies have already doomed us to a dangerous climate change future!

The Left must force a bargain with Farmers and Growers for strategically essential reasons.

They are going to feed us when the famine comes.

A recent report on food security found NZ had incredibly low food security because it was so open market driven and refused to subsidise farmers.

Which is where we on the Left must drive the debate.

We should absolutely consider subsidising food grown by NZ farmers and horticulturalists and our seafood and meat and dairy that generates a 15% price reduction for all NZ produce consumed here.

For growers we need to protect our most productive growing land for food by giving those producers tax breaks to ensure they can continue to feed NZers first.

Rebuilding a direct link between the harvest grown here, the people who grow it and a grateful local market who enjoy the product WITH a 15% price reduction.

Climate change will kill global free market supply chains, we are locked into hyper-regionalism. We need to build new economic structures, subsidising NZ kai for the domestic market would lock in certainty for producers while strengthening food security for the population.

We have to find new ways of working together to ensure we can survive what’s coming.

The old greeds, the old hates and the old exploitations will no longer hold the system together if that system is melting in real time.

Super-rich warned of ‘pitchforks and torches’ unless they tackle inequality

Global elite told at London’s Savoy hotel of real risk of ‘civil disruption’ if more is not done to help struggling millions

This is the age of consequences.

They won’t be pleasant.

 

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