Climate Climate & Energy
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Icky disease afflicting Alaskan salmon
Alaska’s prized wild salmon are suffering from a disease that scientists suspect of being boosted by — you guessed it — global warming. The emergence of Ichthyophonus as a threat to king salmon has coincided with a steady warming of Yukon River water over the past few decades, which scientists say has welcomed cold-averse parasites […]
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Huge Calif. solar plant would run transmission lines through state park
A proposed solar power plant in Southern California is facing heavy opposition from some environmentalists as the plan also calls for high-voltage transmission lines to run through a popular state park. To move the power generated by 12,000 solar-thermal dishes near El Centro, Calif., to customers in San Diego, power company San Diego Gas & […]
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China’s emissions are an argument for, not against, America taking action
The fight against global warming: China has clearly overtaken the United States as the world’s leading emitter of carbon dioxide, the main heat-trapping gas, a new study has found, its emissions increasing 8 percent in 2007. The Chinese increase accounted for two-thirds of the growth in the year’s global greenhouse gas emissions, the study found. […]
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China’s carbon emissions highest in the world last year, study says
China’s carbon emissions were the highest in the world in 2007, exceeding those of its closest rival, the United States, by 14 percent, according to a new study from the Netherlands Environmental Assessment Agency. The NEAA also found in a study last year that China was the world’s top polluter in 2006, a finding some […]
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Climate chaos shuts down trains
The National Association of Rail Passengers reports that Amtrak is taking a pounding from the flooding in the midwest, making trips difficult or impossible and generally showing how we've managed to go from the finest rail system in the world to one that would shame Bulgaria (to steal Kunstler's line).
Thanks, climate change!
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Notes from a plug-in hybrid conference
Silicon Valley came to Washington this week to talk about plug-in hybrids at a great conference organized by Google.org with Brookings. The combination of tech visionaries, electric cars on display, Washington heavy hitters such as John Dingell, Chairman of the House Energy and Commerce Committee and even a couple of film stars, Peter Horton and Anne Sexton of Who Killed the Electric Car?, made for a great meeting.
Here are my notes from the standing room only event ...
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The goal of climate policy is not high GHG prices
There's an implicit assumption in much of the climate policy debate that to meaningfully lower greenhouse-gas emissions, we need a high price on carbon. The assumption is wrong.
Economics 101
In a market setting, price is a function of supply and demand. For a given commodity, prices will be high when demand outpaces supply and low when supply outpaces demand. Thus oil, for instance, is expensive. And autographed copies of my pen and ink cartoons are cheap (in spite of their rarity, I might add).
A cap-and-trade system is an attempt to create a market around a particular commodity, namely GHG emissions. The same dynamic will apply: if demand for GHG reduction outpaces supply, the price of GHG reduction will be high; if supply of GHG reduction outpaces demand, the price will be low.
If we pass a cap-and-trade policy that yields sustained high prices for GHG emissions, it will not be a sign of a successful policy. Quite the opposite: it will mean that the supply of GHG reduction is insufficient to meet the demand.
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EIA: Making the same mistake again and again
If you believe the Energy Information Administration, U.S. gas prices will peak at $4.15 per gallon in August.
Whew. That's a suprise for most Americans, 86 percent of whom believe that prices will top $5 by the end of the year. We can be confident that the EIA -- the agency that does the country's official projection of oil prices -- knows what they're talking about. Yessiree.
If you detect a note of sarcasm in my post maybe that's because the EIA has a hilarious record of forecasting world oil prices. And even when it comes to domestic gasoline prices, it's as if their forecasts are completely impervious to reality. To wit:
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Toyota and Honda could sure learn something from Chevy!
“I don’t have to tell you how sexy the [Chevy] Volt is. The Japanese and Chinese couldn’t possibly put out something that appealing to middle America.” — Andy Karsner, Assistant Secretary for Energy Efficiency and Renewable Energy at the Department of Energy
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Arctic sea ice update: 2008 poised to repeat — or beat — 2007
For months, the deniers have been extolling the fact that the Arctic sea saw record refreezing last fall. And they have been claiming that this somehow fits into the absurd claim that the planet is now in a major cooling trend.
But back in the real world, the planet keeps warming, and the Arctic is taking the worst of it, which could lead to potentially catastrophic methane emissions from the tundra, as noted here. The National Snow and Ice Data Center just reported: