Carbon Capture vs. Renewables — Why The Lawyers Will Win

Monday, December 28th, 2009

Vattenfall Carbon capture and storage facility in Germany Carbon dioxide air emissions is one of the big issues in global warming debate. However, before you start controlling by putting the carbon in the ground, you first have to put lawyers in a room to argue. After a year that saw billions of dollars spent around a variety of carbon capture and storage pilot projects, the focus in 2010 will shift from press conferences and engineering discussion to court cases and conference tables.

Everyone has an opinion on what is the right thing to do in global warming. Far from just an engineering decision the task of making technology an effective weapon in the fight against climate change will take a lot more than working out funding details and letting the engineers work.

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The Economic Case for Slashing Carbon Emissions

Friday, October 23rd, 2009

What is the Cost of Fighting Climate Change?Amid a growing call for reducing atmospheric concentrations of CO2 to 350 parts per million, a group of economists maintains that striving to meet that target is a smart investment — and the best insurance policy humanity could buy.

The climate change news from Washington is cautiously encouraging. No one in power is listening to the climate skeptics any more; the economic stimulus package included real money for clean energy; a bill capping U.S. carbon emissions emerged, battered but still standing, from the House of Representatives, and might even survive the Senate. This, along with stricter emission standards in Europe and a big push for clean energy and efficiency standards in China, provides grounds for hope for genuine progress on emissions reduction.

But while climate policy is finally moving forward, climate science is moving faster. One discovery after another suggests the world is warming faster, and climate damages are appearing sooner, than anyone had expected. Much of the policy discussion so far has been aimed at keeping the atmospheric concentration of CO2 below 450 parts per million (ppm) — which was until recently thought to be low enough to prevent dangerous levels of warming. But last year, James Hansen, NASA’s top climate scientist, argued that paleoclimatic evidence shows 450 ppm is the threshold for transition to an ice-free earth. This would imply a catastrophic rise in sea levels, eventually flooding all coastal cities and regions.

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