There’s no question about it: Oil and coal industries are feeling picked on by those attending the UN Climate Change Conference in Bali. The World Coal Institute had a booth at the Bali International Convention Center, but I never once saw anyone staffing it.
Yvo de Boer, UNFCCC Secretary General, told the crowd at Bali Global Business Day, “If you’re thinking about building a power plant right now, and you think the predictions for climate change by 2050 are science fiction, you are predicting your own company’s extinction.” He also added that coal and oil will make up 80 percent of world’s fuel for decades to come, so there’s plenty of money out there for fossil and renewable fuels.
Upon our return home, EnviroMedia Social Marketing will be sharing some of our observations about the Bali conference with our clients, including Austin-based Green Mountain Energy Company. As the nation’s leading retail provider of cleaner energy and carbon offset solutions, opportunity abounds.
Unless the Batur volcano on Bali erupts this week, (it hasn’t’ blown since 1958, but it’s still active) the U.S. delegation will likely leave Bali unfazed, with nothing more than a commitment to keep talking with other countries until 2009. Regardless of the presidential election outcome, negotiators believe by then, US consumers and businesses will finally be ready to start changing behavior, and stop missing out on global business opportunities to help other countries reduce carbon.
As for us, we saw the beautiful volcano, several Hindu temples, native markets and rice growing on a beautiful mountain terrace. We also saw a meeting of nations united to start acting to reduce carbon emissions. Well, all but one.