CO2 Target Debate Is Irrelevant, Former UN Climate [Hoax]Chief Says - Bloomberg

The greenhouse-gas targets pledged by nations after the United Nations climate talks in Copenhagen in December won’t change much before 2020 so there’s little point debating them, the man who stewarded the summit said.

International negotiations that are “painstakingly slow” are continuing, and non-binding cuts pledged by the U.S., Japan, China and European nations are “basically what we’ve got to work with for 2020,” said former UN climate chief Yvo de Boer, now an adviser for the accounting firm KPMG International.
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“Discussions about targets have become largely irrelevant in the context of the Copenhagen outcome,” said Boer, 56. “I don’t think that we’re going to see a dramatic increase in the level of ambition.”
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Business has a “big contribution” to make in achieving the needed reductions, with the International Energy Agency estimating $20 trillion needs to be spent on energy infrastructure from now to 2030, according to de Boer. Developed nations are “very likely indeed” to slash emissions by 80 percent by 2050, he said.

“It’ll be slower in taking off and more extreme in subsequent reductions,” de Boer said. “In a number of areas, there really are tipping points. There is a certain electricity price which does not make wind energy viable, but go up by 2 cents, and it does. When you reach tipping points like that on wind, on solar, on battery technology, on hybrid cars, then the change will be very dramatic.”
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One of the stalling points is the absence of federal legislation in the U.S. to fight climate change, said de Boer. A climate bill stalled last year in the U.S. Senate, and such laws are unlikely to be passed in President Barack Obama’s first term of office, he said.

“I think it’s inconceivable that that legislation is considered before the midterm election, and I would be quite surprised to see that legislation get on the agenda in the current first term,” De Boer said.