This may seem hokey, but I'm so far beyond frustrated with the legislators of this country that I've gone and written my own piece of climate change legislation. My bill is simple. Once you get past all the "whereas" and so forth, it simply calls for the United States to aim toward stabilizing atmospheric carbon dioxide concentrations at 350 ppm and to lead international negotiations on the successor to the Kyoto Protocol toward the same goal.
Climate Solutions Policy Director K.C. Golden has some thoughts on where to go with national climate legislation after last week's down vote on the Climate Security Act. As thunderstorms and tornadoes ripped through the nation's capital last week, the U.S. Senate tied itself in a procedural knot, preventing a vote on the substance of the Climate Security Act -- the first meaningful climate legislation to reach the Senate floor. Senate Majority Leader Harry Reid called it "the most important issue facing the world today." But the minority stalled -- insisting on a full reading of the nearly 500-page bill -- while the storm raged outside. Once again, the "world's greatest deliberative body" did nothing about the world's biggest problem. Twenty years after our preeminent climate scientist Jim Hansen warned Congress of the need for immediate action, this dilly-dallying is enough to make you scream.
Part 1 discussed the basic conclusion of the new International Energy Agency report -- cutting global emissions in half by 2050 is not costly. In fact, the total shift in investment needed to stabilize at 450 ppm is only about 1.1 percent of GDP per year, and that is not a "cost" or hit to GDP, because much of that investment goes toward saving expensive fuel. In this post, I will discuss the basic solution IEA is proposing. I will also start to look at how the report is too pessimistic about renewables, and thus it overestimates costs. In their business-as-usual baseline, neither solar thermal nor solar photovoltaics are ever commercially competitive. Part 3 discusses IEA's very dubious assumptions in the transportation sector. The IEA assumes the price of oil is half of current levels and is frozen at $65 a barrel from 2030 to 2050. I kid you not. That is a key reason their marginal price of CO2 is so absurdly high. My central argument in recent months has been that stabilizing at 450 ppm requires about 14 wedges -- carbon mitigation strategies deployed over a few decades that ultimately each prevent the emission of one billion tons of carbon annually (see here). The IEA comes to almost exactly the same conclusion, and has relatively similar wedges, so I view this report largely as a vindication of my analysis.
A resolution opposing current Washington State biofuel policies (website not yet updated to reflect acceptance of resolution) passed in the University of Washington Student Senate on the third of June. The Associated Students of the University of Washington are, to my knowledge, the first legislative body in the country to take this bold step. The following is a brief history of how it came to be:
The Senate once again failed to pass tax-credit extensions for renewable energy on Tuesday, and folks in the industry are starting to get worried. Companies …
Originally posted at the Think Progress Wonk Room. Recently, the United States Senate has taken several votes on building a green economy that moves away from fossil fuel dependence, creates new green industry, and addresses global warming. Each time, a minority of senators blocked the way. On Friday, 38 senators filibustered mandatory greenhouse-gas reduction legislation (S. 3036). This morning, Sen. Mary Landrieu (D-La.) joined 41 Republicans to filibuster the Consumer-First Energy Act (S. 3044), which would have given consumers relief by placing a windfall tax on oil companies. Then 44 Republican senators blocked consideration of the Renewable Energy and Job Creation Act (H.R. 6049) to extend renewable energy and other tax incentives. Meanwhile, the signs of the looming climate crisis abound. Extreme weather of all kinds -- freak snowstorms, extended droughts, heat waves, flash floods -- are causing havoc around the nation, and conservative neglect is leaving us unprepared and unable to rebuild:
“I think we can get a global agreement on climate change during my presidency — just so you know.” — President George W. Bush
May I suggest that literally sharing a part of your local history can, in fact, be taken too far? Snipped from The New York Times: …
A new United Nations atlas depicts alarming changes to Africa’s landscape. On a continent that produces a mere 4 percent of the world’s greenhouse-gas emissions, …
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