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  • Act now with clean energy or face 6 degrees C warming; cost is not high; media blows story

    When the normally conservative International Energy Agency agrees with both the middle of the road IPCC and more ... progressive voices like mine, it should be time for the world to get very serious, very fast on the clean energy transition. But when the media blows the story, the public and policymakers may miss the key messages of the stunning new IEA report, "Energy Technology Perspectives, 2008" (executive summary here).

    You may not have paid much attention to this new report once you saw the media's favorite headline for it: "$45 trillion needed to combat warming." That would be too bad, because the real news from the global energy agency is

    1. Failing to act very quickly to transform the planet's energy system puts us on a path to catastrophic outcomes.
    2. The investment required is "an average of some 1.1 percent of global GDP each year from now until 2050. This expenditure reflects a re-direction of economic activity and employment, and not necessarily a reduction of GDP." In fact, this investment partly pays for itself in reduced energy costs alone (not even counting the pollution reduction benefits)!
    3. The world is on the brink of a renewables (and efficiency) revolution. Click figure to enlarge:

  • Five nations agree to think about ending oil subsidies

    The day after markets registered the highest single-day rise in crude oil prices ever, the United States and Asia's four largest economies (Japan, China, India and South Korea), meeting in Aomori, Japan in advance of the G8 Energy Ministers summit, have formed a sort of Petro-holics non-Anonymous club, calling for an end to oil subsidies in their countries.

    Consumer subsidies (subsidized fuel prices), that is, not producer subsidies.

    OK, what they actually agreed upon was "the need" to remove fuel-price subsidies. Eventually.

    According to a report by Agence France-Presse, the five nations announced in a joint statement:

    "We recognize that, moving forward, phased and gradual withdrawal of price subsidies for conventional energies is desirable. Undistorted and market-based energy pricing" would help "enhance energy efficiency and increase investment in alternative sources of energy." They said that subsidies "should be replaced wherever possible by better targeted policies for intended beneficiaries. Such a move "could also lead to reduction in the government cost and greater integration of the domestic and global energy economies."

  • McCain criticized during Florida trip for opposing funding for Everglades restoration

    Visiting the Everglades has become de rigueur for presidential candidates hoping to shore up environmental cred in Florida, the nation’s most populous swing state. But Republican presidential candidate John McCain’s trip to the wetlands on Friday seemed to generate only bad publicity. Last year McCain opposed legislation that included funding for Everglades restoration and urged […]

  • Anti-immigrant groups hide agenda behind environmental concerns

    Via Feministing, it appears a group of anti-immigration organizations are trying to cloak their agenda in environmental concerns. They took out this half-page ad in The New York Times last week (click for larger version): Alien Nation Here’s the text: Americans spend a lot of time in their cars. Not because they want to. But […]

  • A carbon policy is likely to be less devastating than nature, or oil markets

    Reihan responds. Let me just say a few more things. First, I described his characterization of carbon pricing as “insane” based on this: What we need is a $100 billion prize or set of prizes to the person or firm or non-profit entity that can devise a cost-effective means of scrubbing the atmosphere of carbon […]

  • What does Barack Obama think of McCain’s conviction on climate change?

    From Obama’s remarks to his campaign staff: “Those of you who are concerned about global warming? I don’t care what he says, John McCain is not going to push that agenda hard.” It’s about 11 minutes in: (via SameFacts)

  • A techno blog for the doubters

    Stumbled on a great site -- Low Tech Magazine. Here's a short bit from just one of many beautifully illustrated and thought-provoking posts:

  • Saudi Arabia and oil

    I recently found a pretty good NYT Magazine article on oil production. It's definitely worth a read, if for no other reason than as a reminder of how much things have changed since the article was written in 2005. For example, on page 1 comes the quaint statement:

    If consumption begins to exceed production by even a small amount, the price of a barrel of oil could soar to triple-digit levels.

    Yes ... yes it could. Here's another one:

  • An acknowledge-and-do-nothing strategy is little better than denialism

    Reihan Salam writes an incredibly disappointing, and boggling, blog post here, on his preferred strategies for dealing with climate change. Disappointing, because if Reihan, one of the best conservative writers out there, doesn’t get the logic of carbon pricing, then there’s little hope for some sort of conservative renaissance on climate change policy. Boggling, because […]

  • Quick post-mortem on Lieberman-Warner

    A quick post-mortem on this week's vote on the Climate Security Act, which was pulled from the Senate floor on Friday after its sponsors fell short of the 60 votes needed to proceed to final debate. I think I can safely sum it up in one word: progress.