Latest Articles
-
Stimulus dollars could go to reviving ‘clean coal’ pilot project
Coal supporters have gotten $4.6 billion for their industry into the Senate economic stimulus bill — nearly double the money in the House version. As we noted last week, that coal pot includes $2 billion for the development of “near-zero emissions” power plants, $1 billion for the Department of Energy’s Clean Coal Power Initiative, and […]
-
Can Obama stop the nuclear bomb in the Senate stimulus plan? (Part 1)
A radioactive dirty bomb has been dropped on the Senate stimulus package. As WonkRoom reported:
On Wednesday, the Senate Appropriations Committee voted to increase nuclear loan guarantees by $50 billion in the economic recovery package (S. 336). This staggering sum "would more than double the current loan guarantee cap of $38 billion" for "clean energy" technology.
Yet this provision would not create a single job for many, many years, but would saddle the public with tens of millions of dollars more in toxic loans. As I noted in my 2008 report, "The Self-Limiting Future of Nuclear Power":
In August 2007, Tulsa World reported that American Electric Power Co. CEO Michael Morris was not planning to build any new nuclear power plants. He was quoted as saying, "I'm not convinced we'll see a new nuclear station before probably the 2020 timeline,"
Morris further noted, "Builders would also have to queue for certain parts."
Indeed, the nuclear industry is riddled with bottlenecks. For instance, Japan Steel Works is "the only plant in the world ... capable of producing the central part of a nuclear reactor's containment vessel in a single piece, reducing the risk of a radiation leak." And they have a backlog of a few years already.
The additional loans would probably not even result in a single new signed contract for a plant over the next two years, let alone produce a single job in Obama's first term -- other than maybe a few high-priced lawyers and lobbyists to twist the arms of state Public Utility Commissioners to shove the inevitable rate increase down the throats of consumers (see "Exclusive analysis, Part 1: The staggering cost of new nuclear power"). Turkey seems smarter than that (see "Turkey's only bidder for first nuclear plant offers a price of 21 cents per kilowatt-hour"). Are we?
Why are we still propping up an industry that can't survive without the taxpayer swallowing both the economic risk of an actual meltdown and the risk of the new nukes melting down financially -- all for a mature technology that has already received more than $100 billion in direct and indirect subsidies (see "Nuclear Pork -- Enough is Enough")?
Here is the proposed language for this nuclear bomb:
-
Energy Future Coalition calls for more efficiency funds in stimulus bill
A coalition of environment, labor, and business groups is petitioning Senate Majority Leader Harry Reid (D-Nev.) to increase funding for energy efficiency in the Senate economic stimulus package, at least to the level in the already-passed House version of the bill. The Energy Future Coalition is promoting a “Rebuilding America” plan that would retrofit 50 […]
-
Magic exists: It's called 'cap-and-trade'
One of the problems with carbon taxes is that they're static. Let's say you set a tax at $20 per ton of CO2. It's going to stay at $20 when the economy is hot, even if the tax rate doesn't do much to reduce emissions. Conversely, when the economy goes south, the carbon tax will persist at $20, even though emissions may be dropping fast on their own -- and companies may need some breathing room.
The first scenario is bad for the climate. The second scenario is bad for the economy.
If only there were a way for carbon pricing to respond to changing economic conditions in real time without any intervention from policymakers. If only. That would be like magic.
But I have good news for you: magic exists! There is such a thing as a magical self-adjusting carbon tax. It tracks economic conditions precisely and it always ensures the right amount of reductions. It's called "cap-and-trade."
-
'Irreversible' climate change does not mean 'unstoppable' climate change
Note to media: The Ghost of Climate Yet to Come says, "It's not too late!"RealClimate makes a good point with the title of its post, "Irreversible Does Not Mean Unstoppable" about the recent NOAA led paper (see here):
We at Realclimate have been getting a lot of calls from journalists about this paper, and some of them seem to have gone all doomsday on us.
Indeed, this is the perfect paper for someone, like say, Lou Dobbs, who can go from hard-core doubt/denial to credulous hopelessness in one breath, as he did Friday (h/t ClimateScienceWatch):
Let's assume, for right now, that there is such a thing as climate change, let's assume it's manmade. What indication-what evidence do we have, what reason do we have to believe that mankind can do anything significantly to reverse it because a number of people, as you know in the last two weeks, are reported that, that, this is a 1,000-year trend irrespective of what we do.
Yeah, let's assume, for right now, there is climate change and let's further assume it's man-made since there's like no factual basis for actually knowing those things. Then let's tell the public the latest research means if there is man-made climate change, the situation is now hopeless -- when in fact the latest research makes it all the more urgent to keep total emissions and concentrations as low as posisble
Seriously. This guy has his own hour TV show on a major cable network -- albeit one that fired its staff covering science and environment and hired a psychic to cover climate change (OK, let's assume, for right now, that I made up that last part).
The whole world has become Dickensian, which just happens to remind me of another Dickens story relevant to the theme that irreversible does not mean unstoppable:
-
In which industry conquers nature
This is neither here nor there, but it just occurred to me: Last night, the Steelers -- a team named after Pittsburgh's legendary industrial past -- beat the Cardinals, a team closely identified with a bird. Industry beats nature. Prophecy?
-
Schumer calls for increase in transit funding in stimulus package
Sen. Chuck Schumer (D-N.Y.) is pushing to get more mass-transit money into the Senate version of the economic stimulus package, teaming up with Rep. Jerrold Nadler, a fellow New York Democrat, who successfully squeezed an additional $3 billion for transit into the House stimulus bill last week. “In order for our economy to get the […]
-
Vote today on your fave carbon cap video
Environmental Defense Action Fund is holding a video contest to "explain in 30 seconds how capping global warming pollution could help solve our oil addiction."
They've narrowed down the video submissions to the top five and are encouraging everyone to vote on a favorite by tonight. Check out two of the five videos below and vote on the best one here. The winning video producer will receive the Climate Activist's Choice Award, which comes with a $1,000 prize.
-
Taking a dive into the murky future of extracting food from the troubled sea
In my work on food and agriculture, I've focused nearly 100 percent on land-based issues. But the earth's vast and gaping oceans have always been a major source for human nutrition -- and will be only more so as population grows over the next decades. No one who writes on intersections between food and ecology can ignore the seas. I need to educate myself.
With that in mind, I'm currently attending the Seafood Summit, a confab sponsored by a combination of NGOs (e.g., Marine Stewardship Council), foundations (e.g., Packard), and corporate interests (e.g., Darden, which owns Red Lobster and other restaurant chains).
The hottest topic here is aquaculture -- a truly new practice with a history of around 50 years, compared with agriculture's 10,000-year track record. The question isn't whether aquaculture will continue to grow explosively over the next decades; the question is whether it will mimic the blunders of land-based industrial agriculture, or move in more sustainable directions.
Look for my seafood-ish posts over the next couple of days.
-
A small example of dynamic ice
Looking up from my keyboard, I saw a perfect illustration of what's happening underneath ice sheets in Greenland and Antarctica. Two recent snowstorms dumped eight inches of heavy snow, followed by an afternoon of very warm air and a sharp rain. The rainwater lubricated the snow packs on my neighbor's roof and they began to slide. The temperature fell quickly with nightfall, leaving us with a perfect example of dynamic ice.
See the photo below the fold: