Pope Francis supports carbon prices and the "radical energy transition" to act against global warming

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June 15, 2019 00:52:00

Pope Francis states that carbon pricing is "essential" to stem global warming – his clearest statement yet to support the polluter penalization – and he appealed to climate change deniers to listen to science.

Key points:

  • The Pope expressed his support for the price of carbon in a speech to energy executives
  • It was consistent in its demands on the world to move away from fossil fuels
  • His papal encyclical of 2015, Laudato Si & # 39 ;, required a more incisive action on climate change

In a speech to energy executives at the end of a two-day meeting, he also called for "open, transparent, scientific and standardized" reporting of climate risk and a "radical energy transition" away from carbon to save the planet.

The price of carbon, through taxes or emissions trading schemes, is used by many governments to make energy consumers pay for the costs of using fossil fuels that contribute to global warming and to stimulate investments in low-carbon technology.

The Vatican did not release the names of those who attended the closed-door meeting at its Academy of Sciences, a follow-up a year ago, but industry sources said the companies represented were considered giants of the Eni sector, Exxon, Totale, Repsol, BP, Sinopec, ConocoPhillips, Equinor and Chevron.

A small group of protesters gathered outside a Vatican door.

One held a sign that read "Dear Oil CEOs – Think of Your Children".

Pope Francis, who made many demands for environmental protection and clashed with climate change with leaders like US President Donald Trump, said the ecological crisis "threatens the very future of the human family".

"Judgment day can no longer be met with irony"

He implicitly criticized those who, like Mr. Trump, deny that climate change is caused primarily by human activity.

"For too long we have collectively failed to listen to the fruits of scientific analysis and judgmental judgment can no longer be met with irony or disdain," he said.

He said the debate on climate change and energy transition must be rooted in "the best scientific research available today".

Last year, Trump rejected projections in a report by his own government that climate change would cause serious economic damage to the US economy.

The president of the United States also announced his intention to withdraw the country from the 2015 Paris agreement to combat climate change, becoming the first country to do so among 200 signatories.

Encyclical of Francis of 2015 Laudato Si & # 39; – a significant document on the teaching of the Church – called for greater protection of the environment, and strongly supported the Paris agreement, and said that time is running out to achieve its goals .

"Faced with a climatic emergency, we must act accordingly, in order to avoid perpetrating a brutal act of injustice towards the poor and future generations," he said.

"We do not have the luxury of waiting for others to step forward, or give priority to short-term economic benefits."

The oil companies have been subjected to increasing pressure from investors and activists to achieve the goals of Paris.

Companies like Royal Dutch Shell, BP and Total have plans to expand their renewable energy business and reduce emissions, although many investors say they will have to do more.

Reuters

Themes:

Catholic,

environmental impact,

environmental policy,

climate change,

– electricity-energy-e utilities

Donald Trump,

santa-see-vatican-city-state

First published

June 15, 2019 00:46:35

. (tagToTranslate) papa francis (t) carbon price (t) climate change (t) global warming (t) climate (t) donald briscola

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