Article 6.2 in particular includes a very lengthy to-do list of items that would be kicked down the road for later
There's pretty much 4 pages of "let's work this out later"
As with Article 6.4, there's disagreement over whether there's a need to apply "corresponding adjustments" to avoid double counting for emissions cuts "outside" the sectors, gases [and policies and measures] covered by an NDC
(Note the brackets around the 2nd paragraph)
There's also a developed be developing country fight over whether to use a "share of proceeds" to finance adaptation and "overall mitigation" under Article 6.2, as well as under 6.4
Article 6.4 is even more contentious, with big disagreements remaining over double counting and the transition of Kyoto credits/activities (potential hot air) into Paris mechanism
Other unresolved issues include the methodology for ensuring emissions cuts are additional to what would have happened anyway
One option would give wide leeway on how to do this…
On transparency -critical to check if countries live up to promises- the big fight is over "flexibility" for developing countries to not report fully - and whether they have to explicitly flag when they opt to use this "FLEX"
(AFAIU "No text" would mean not needing to fess up)
On "common time frames" for NDCs, the text remains packed full of nine (9!) separate options, covering all possible combinations of 5, 10, 5+5, 5 or 10 years (and more I haven't listed)
That's it from me
Here's my earlier analysis of brackets in Article 6 texts, which is fairly crude but, having looked more closely, a fair indication of how much remains unresolved in the text
NEW: Official advisers CCC say UK shld cut emissions 87% by 2040
⚖️Net cost of net-zero 73% less than thought
💷Total cost to 2050 = £108bn (~£4bn/yr, 0.2% GDP)
🏡🚗H’hold energy/fuel bills to fall £1,400
🔌Electrification is key
THREAD: New UK govt contract with Drax biomass power plant
* 4-yr contract 2027-2031
* £113/MWh (2012 prices – £155 in today's money)
* Output cap of 6TWh (<2% of UK supplies, cf recent yrs 12-15TWh)
* CfD cost ~£500m/yr
* 100% of fuel must be "sustainable", up from 70% 1/5
UK govt says the contract helps security of electricity supplies, but gives Drax a "much more limited role than today" ie it's limited to run at roughly 25% of its max output
This means it's mainly going to be running when it isn't windy
Drax has had issues with existing 70% sustainable sourcing rule, but as it'll need less than half the fuel it has been buying to date, the new 100% rule looks more achievable
Notably, new contract terms allow govt to reclaim subsidy if rule not met
UK electricity generation from fossil fuels has more than halved in a decade, falling to 91TWh in 2024 – the lowest level since 1955 and making up the lowest ever share of the total, just 29%
Meanwhile, renewable output has more than doubled, up 122% since 2014 to 143TWh 2/9
The UK has cut gas-fired electricity generation by 13% in a decade – even as it was phasing out coal power – thanks to rising renewable output (mainly wind), along with lower demand + higher imports
UK opened the world's first coal power plant in 1882 on London's Holborn Viaduct (pic)
⛰️ Since then, UK coal plants have burned 4.6bn tonnes of coal, emitting 10.4GtCO2
🌍 That's more CO2 than most countries have ever emitted, from all sources (!)
But the UK was the world's first "coal-fired economy" – and that started long before coal-fired power
🥤Coal fuelled pumps to drain mines to get more coal
📈And as steam engines got more efficient, it got cheaper to use and extract ever more of the fuel, inspiring "Jevons paradox"
Let's begin with the facts. Andrew doesn't say so, but I am going to assume he is (correctly) quoting data from Montel Analytics, showing that UK electricity imports were 18.9TWh in H1 2024, up 82% from H2 2023