Fyi
Bob Kasprak===============================
US-China can’t fight about *this*, can they?#yiv8151880554
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| Today we visit China with the US "climate czar", set up a Peruvian runoff,
and demand $900 million for a boat. Bonus: Kim Jong Un gets ghosted! Enjoy, and
share Signal with a friend here.- Alex Kliment |
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| Today we visit China with the US "climate czar", set up a Peruvian
runoff, and demand $900 million for a boat. Bonus: Kim Jong Un gets ghosted!
Enjoy, and share Signal with a friend here.- Alex Kliment
Why John Kerry’s trip to China matters for all of us On Tuesday, a
major US intelligence report said the top threat to America right now is China.
A day later, John Kerry, the Biden administration's "climate czar," got on a
plane to... China. Such is the drama of ties between the world's two largest
economies these days.Kerry is the first high-level Biden administration
official to set foot in the country. He does so just a week ahead of a major
global "climate summit" that his boss is hosting, and a month after top Chinese
and US diplomats spent a day trashing each other in Alaska. This is the
peculiar challenge of a rapidly deteriorating US-China relationship. On the one
hand, it's no secret that Beijing and Washington are at odds over a lot of
issues: technological rivalries, human rights, Taiwan, Hong Kong, the South
China Sea. On the other hand, both sides know that any serious plan to avert a
global climate catastrophe requires cooperation between the world's number one
polluter, China, and the US, which is number two. What's more, time is running
out: at the moment the world is hurtling towards a temperature rise of 3
degrees over pre-industrial averages. Far above the goal of 1.5 degrees that
scientists say will avert the worst effects of the warming. The good news is,
climate change is a big deal for both sides. The Biden administration has made
climate "an essential element of U.S. foreign policy and national security."
One of the president's first moves after taking office was to rejoin the Paris
Accords, which his predecessor, Donald Trump, had ditched.Meanwhile, although
China continues to build lots of coal-fired power plants, it's also become a
global leader in renewables like solar power and electric vehicles. Last fall,
Beijing pledged to hit peak carbon output by 2030, and to reach carbon
neutrality by 2060 (meaning its carbon emissions will be offset by equal
amounts of carbon capture, either naturally or through technological means.) So
when Kerry walks into the room today, what is each side looking for?The US
wants China to show up. At a basic level, John Kerry wants China to attend his
boss's climate summit next week. So far, the invitation has been languishing in
Xi Jinping's inbox while Beijing decides what it has to gain or lose by
attending a US-hosted climate event. Second, Kerry wants the Chinese to provide
more detail on precisely how they plan to meet their emissions goals. The
Communist Party of China's recent, highly anticipated 5-year plan didn't
include much detail. What does China want? A major aim is to agree with the US
on how to provide financial assistance to developing countries that are worried
about the economic and financial consequences of giving up on cheap fossil
fuels. Beijing probably sees this as a win-win: helping to get more countries
on board with climate goals, which the US wants, while also creating more
global demand for the renewables technology that China is keen to sell. But
China also wants something else: to feel out whether the US is going to treat
Beijing as a partner or as a subordinate. Beijing has made clear — rightly or
wrongly — that it sees itself as Washington's equal on a whole host of global
issues, including climate. The CCP will bristle at the notion that a US envoy
has arrived simply to browbeat them about their climate commitments.So can the
US and China really work together on climate while fighting about everything
else? This is the question of the century. In an ideal world, Beijing and
Washington could build trust on climate issues that helps to moderate their
clashes in other areas. In a less ideal world, climate cooperation continues
even as the two sides exchange fire everywhere else. The worst outcome for both
sides — and the rest of the world — is one in which climate cooperation itself
falls apart.
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The Graphic Truth Fighting climate change is about making the planet
get less hot. The more quickly countries slow down their carbon emissions, the
faster that'll happen. All the more important for the nations that pollute the
most — but not all of them are on board. Although the majority, including
China, are setting future targets to go Net Zero, India doesn't want to commit
(yet) to when to stop burning fossil fuels to spur economic growth. We take a
look at when the world's top polluting economies intend to go carbon-neutral,
compared with their share of global emissions, of renewable energy as a source
of electricity, and percentage of global coal consumption.
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A message from our sponsor Bank of America
A $1 trillion investment in suitability by 2030 That's Bank of
America's new target in its Environmental Business Initiative in order to
accelerate the transition to a low-carbon, sustainable economy.Here's how it
will drive innovation to address climate change.
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The climate cost of Big Tech’s space obsession Billionaires like
Jeff Bezos and Elon Musk have spent vast sums on addressing climate change, but
given the urgency, are they not a tad distracted with other planets? Climate
journalist Elizabeth Kolbert thinks it's time to shift their focus to fighting
for Earth's survival — and the same goes for the rich countries that pollute
the most yet can be stingy on climate finance for the developing world. Watch
our interview with Kolbert in the upcoming episode of GZERO World, which starts
airing on US public television this Friday, April 16. Check local listings.
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What We’re Watching: Peruvian runoff, Haitian resignation Peruvian
runoff: Perú's presidential election is going to a runoff in June between two
surprise and polarizing contenders, each of whom won less than 20 percent of
votes in a highly fragmented first round. Pedro Castillo, a far-left union
leader and teacher who benefited from a late surge in the polls, will battle
rightwing populist Keiko Fujimori, daughter of the country's imprisoned former
strongman. Castillo wants to rewrite the constitution to weaken the political
influence of the country's business elite and maybe to allow the state to
nationalize parts of the mining sector to pay for social programs for the poor.
Fujimori wants to use mining revenues to create jobs by investing in
infrastructure and healthcare. The runoff will probably be a national
referendum on Fujimori, a divisive figure running for the top job for the third
time. No Peruvian president has ever left office without facing corruption
charges, but Fujimori already faces several — and she'll avoid jail time if she
wins. Haiti PM out: Prime Minister Claude Joseph has stepped down in response
to worsening unrest in Haiti, particularly the recent kidnapping by an armed
gang of 10 people — including seven clergy members — for a $1 million ransom.
Once the influential Catholic Church blamed the PM for the scandal, President
Jovenel Moïse accepted Joseph's resignation and vowed to rescue the hostages.
Moïse himself faces pressure from rivals and critics who say his elected term
has ended. Moïse insists his terms ends next February. (The Biden
administration agrees with him.) Either way, a new PM may bring temporary calm,
but poverty and crime, the true sources of the unrest, will remain. And Haiti's
political crisis will probably continue for as long as Moïse remains in power.
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PUPPET REGIME: Kim Jong Un will NOT be ignored! Or will he? Kim Jong
Un has been angrily firing missiles into the sea again recently, but no one
seems to care. Now someone really important is ghosting the Supreme Leader of
North Korea, and he is NOT happy about it. Watch the latest Puppet Regime here.
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Hard Numbers: Egypt seizes ship, countdown to Tokyo, US arms to UAE, Somalia’s
political crisis 900 million: Egypt has impounded the Ever Given, the
ship that recently blocked the Suez Canal for almost a week, until its owners
pay some $900 million in compensation for losses and the cost of the rescue
operation. The blockage of this major naval chokepoint caused severe disruption
to the global maritime shipping industry.100: The hometown of Japanese golf
hero Hideki Matsuyama — who this past weekend became the first Asian to win the
Masters golf tournament — has declined to take part in the torch relay 100 days
before the Tokyo Olympics. Pressure is mounting on Japan to vaccinate more of
its population ahead of the games, which will not allow foreign spectators due
to local COVID restrictions.23.37 billion: The Biden administration has
informed Congress it plans to proceed with the sale of $23.37 billion in US
advanced military equipment to the United Arab Emirates. This deal and a
similar one with Saudi Arabia are currently under review after some Democratic
lawmakers expressed fears that the weapons may be used to target Houthi
civilians in Yemen. 2: Somalia's President Mohamed Abdullahi Mohamed, known as
Farmaajo, has signed into law a two-year extension of his term in office,
defying a resolution from the upper house of parliament that says the move is
unconstitutional. Somali lawmakers have been arguing for months on how to carry
out this year's elections, which have yet to be scheduled.
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This edition of Signal was written by Willis Sparks, Carlos Santamaria,
and Alex Kliment. Art and graphic by Annie Gugliotta. Spiritual counsel from
the good people of Novohrodske, Ukraine — dream big dreams, and name yourself
accordingly.
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