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Posted on Sustainabilitank.info on March 19th, 2008 nbsp;http://search.japantimes.co.jp/mail/eo20… Brace for the Arctic oil rush - Thursday, March 20, 2008, By DAVID HOWELL, LONDON, For The Japan Times. For decades the world’s major oil companies and their engineering experts have been eyeing the Arctic region and wondering how to get at the oil and gas deposits that are said to lie, in almost legendary quantities, beneath the vast expanses of ice. With the price of crude oil now well above $100, has their moment at last arrived? Two factors suggest that this may be the case. First, as long as world oil markets were dominated by cheap Mideast oil that could be easily extracted from the open deserts, there was almost no chance of competition from other regions. But that era that passed. No one believes that oil will ever again be the cheap and plentiful commodity it once was. Even if the largest reserves remain in the Middle East, the whole region is now a caldron of turbulence. Ideological Islamism, combined with Israeli-Palestinian feuding, Iranian nuclear ambitions and chronic anti-Americanism throughout the area have combined to make Middle East oil not only more expensive but also increasingly unreliable. Second, the Arctic ice cap is shrinking. Armed with new technology for extracting oil and gas deep down on the seabed, the oil powers now see opportunities opening up across the whole polar region. All round the Arctic the “circumpolar nations” have been raising their levels of activity and staking claims to sovereign “ownership” of the Arctic space, while delegations from countries as far afield as China, India and Japan have been streaming toward the ice cap and crowding on to survey ships and exploration vessels, all anxious not to be left out of a possible new oil bonanza. The Russians in particular have made headlines by planting their national flag, in titanium, on the seabed below the North Pole, with a Gazprom spokesman adding that the Russian energy giant expected “major new discoveries” of oil and gas reserves under the Arctic Ocean, and had large-scale prospecting plans for the region. Meanwhile, Canada has ordered up new naval patrol vessels to “defend its sovereignty over the Arctic.” The United States, stung by Russian activity, has announced plans for two new polar ships, and the Danes have sent a mission to find out how far Greenland opens the way to claims for Arctic sovereignty. Staying slightly on the sidelines, Norway, having been embroiled in decades of dispute with Russia over demarcation lines in the Barents Sea, has pleaded for an end to “the gold rush.” Meanwhile, the Russians are pushing ahead with their equally large Shtokman development in the Barents Sea, with of course the American interest having long been established via the BP development of the big Prudhoe Bay field on the northern edge of Alaska. But what lies beyond, nearer to the polar heart of the Arctic’s icy and forbidding wastes? Estimates vary wildly. The most optimistic is that no less than 25 percent of the world’s yet-to-find oil and gas reserves (400 billion barrels of oil equivalent) lie beneath the ice. But that may be too hopeful. A more modest recent estimate is about half that (around 14 percent of world yet-to-find reserves) with about two-thirds of it in gas and the other third, or less, in liquid resources. But we are getting here into guesswork, although of an informed kind. The much more immediate question is cost. What might be the break-even price of extracting these reserves, or what is likely to be commercially feasible, whether now, with crude at $100 plus, or in the years ahead? The answers depend both on the limits of current technology and now on global warming. If the Arctic ice cap is going to shrink fast then, whatever the other downside consequences, the accessibility of hydrocarbon reserves is made significantly easier and cheaper. If liquids can be brought out at less than $40 a barrel, that makes them not only comfortably profitable in world markets but also just about competitive against alternatives like Canadian tar sands, Venezuelan heavy oil (also $40), or some of the oil being squeezed from the dregs of older wells via “enhanced-recovery techniques,” which can cost up to $50. In short, while past estimates may have been inflated, and while the very highest environmental standards will need to be met at every stage to safeguard Arctic wildlife, the economics are beginning to give a wavering green light. If crude oil prices stay near the present range, if world oil thirst grows as predicted and if the Middle East gets even more dangerous and less inviting, the attraction of Arctic energy could radically alter the pattern of global energy resources and, consequently, geopolitics. David Howell is a former British Cabinet minister and former chairman of the Commons Foreign Affairs Committee. He is now a member of the House of Lords. ### |
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Posted on Sustainabilitank.info on March 1st, 2008 Arctic warming could result in armed conflict: naval expert; Melting of passageway means countries will vie to control it, former coast guard official says. Peter O’Neil, The Ottawa Citizen, Friday, February 29, 2008, From Paris. The fast-warming Arctic’s vast economic potential makes it increasingly prone to smuggling, perilous polar tourism, environmental catastrophes and even armed conflict unless Canada and the U.S. lead efforts to bring order to the region, according to a new analysis.
- How to carve up the “the world’s longest uncharted and most geologically complex continental shelf among five states with competing claims.” - How to regulate and protect a region facing an explosion of offshore oil and gas exploration and development. “Oil tankers present a particularly grave environmental threat, as illustrated by three recent oil spills in the much safer waters of the San Francisco Bay, the Black Sea, and the Yellow Sea.” - How to clean up the hazard created by Russia’s dumping of 18 reactors, some still fully loaded with nuclear fuel, in the Arctic Ocean between 1958 and 1992. - How to recognize the interests of one million indigenous people whose rights in areas such as the bowhead whale hunt, which could be jeopardized by an explosion of shipping activity by companies seeking to exploit far quicker sea routes than exist today from Asia to Europe through the Panama Canal. ====== Adds by Google that came along with the Ottawa Post article - Then why why should not Google also try to make money from the global misery like mostly everyone else is bound to do?:
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Posted in Reporting From the UN Headquarters in New York, Reporting from Washington DC, Canada, Global Warming issues, Real World's News, Futurism, Iceland, Russia, Greenland, Denmark, The New Climate, Arctic Ice, Alaska ### |
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Posted on Sustainabilitank.info on December 16th, 2007 Visiting Antarctic, Amazon Helped Climate Case - Ban. Nearly 200 nations meeting in Bali reached a deal to launch talks on a pact to fight global warming, but only after a reversal by the United States allowed a historic breakthrough. Ban, who has made climate change a priority, went last month to the tip of South America to see melting glaciers and the Antarctic, where temperatures are at their highest in about 1,800 years. He also went to the Amazon basin in Brazil, a leader in developing biofuels from crops as an alternative to fossil fuels. “That visit also made me personally much more convinced in my conviction. That has given me much more convincing power in talking to other people,” Ban said in an interview on board a flight from the East Timor capital Dili to Jakarta via Bali. The UN Secretary General stopped over in Bali to make an 11th hour appeal to negotiators to end a deadlock in the talks. The breakthrough came shortly afterwards when nations approved a “roadmap” for two years of talks on a treaty to succeed the existing Kyoto Protocol beyond 2012, widening it to the United States and developing nations such as China and India. The deal after two weeks of talks came after Washington dropped opposition to a proposal by the main developing-nation bloc, the G77, for rich nations to do more to help the developing world fight rising greenhouse emissions. Ban took some credit for raising awareness over climate change, which a UN climate panel has said is caused by human activities led by burning fossil fuels that produce carbon dioxide, the main greenhouse gas. “If you look at the situation last year, even early this year there was not much heightened understanding and awareness,” said Ban, who has visited nearly 60 countries in his first year as UN Secretary General. “This is the defining moment for me and my mandate as secretary-general,” the 64-year-old Ban told Reuters separately, shortly after a deal was reached and before re-boarding a UN plane to resume his flight to the Indonesian capital Jakarta. “I appreciate that all the countries…recognised that this is a defining agenda for all humanity, for all planet earth,” said Ban, 64, a former South Korean foreign minister. He cautioned, however, that there was a lot more work to do. “This is just a beginning, a beginning of the negotiations. Next year we’ll have to engage in a much more complex and difficult process of negotiation.” Ban this week also made his first visit to Asia’s youngest nation East Timor, which plunged into chaos last year during factional violence that killed 37 people and drove more than 100,000 from their homes. “This is a huge challenge. Almost one tenth of the population are now living in camps,” said Ban, who toured a camp for displaced people in the capital Dili during his one-day visit. The United Nations will decide in February whether to extend the mandate of its mission in the country, which became fully independent in 2002 after voting to break away from Indonesian rule in a violence-marred UN sponsored ballot in 1999. Story by Ed Davies, Story Date: 17/12/2007 ————– At www.SustainabiliTank.info that raised questions about the UNSG trip from New York To Valencia, Spain via The Korean Scientific Station At the Antarctica, the Chilean Military Outpost in an Area Dispute By Argentina and Chile, and His Trip To the Amazonas, These Without Any Thoughts About Offsets. Will We now Expect The UNSG To Go To Every Place Of Major Conflict In Order To See It For Himself - The Likes Of The Places Where There Are Ongoing Killings In Darfur, The Shderot Village In Israel Where There Is Quite Often Shelling From Hamas Run Gaza? Or Is The UNSG Just Going To Pick Nice Places Like The Coral Bleaching Area Of The Coast Of Australia, The Coast Of Dalmatia, Miami Beach in Florida? Sorry, But Skepticism Is The Mark Of Good Blog Journalism - The Kind That The UN Is Very Much Short Off. ### |
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Posted on Sustainabilitank.info on December 6th, 2007 Despite the hoopla, the UN is not exactly the place were leadership on climate change will evolve. We saw this at the New York UN Headquarters where the UN Department of Public Information was leading away, the journalists it is supposed to inform, from any such notions as described in this article. Many journalists from large circulation papers, paid for writing just human rights, injustice to women, inflammatory articles, but without any mandate to look for reasons that contributed to the situations they describe, were part of this UN cover-up. It was all a disgrace of a true information service. The few investigative journalists that were asking the right questions were being held at a short leash with the danger of being expelled hanging over their head. Even UNFCCC’s most important leader, Yvo de Boer, did not have the courage to speak up against this undertow at the UN. We concluded then justifiably that such a UN will not help. It is only single governments, like the UK, now under a second forthcoming leadership, perhaps now also Australia under its new leadership, that present the world with some hope. it will be only if these few fighting governments will prevail over other governments - the US, China, India … that change may be on its way. www.SustainabiliTank.info comments) Bali Conference: Diplomats warned that climate change is security issue, not a green dilemma. An internal presentation to senior diplomats at the Foreign Office listed every recent, serious breakdown of civil order around the world and mapped it against those countries hardest hit by climate change. The fit was almost perfect. One of the diplomats present said there was an “audible intake of breath” from the audience when the slide was shown. “Climate change presents an enormous challenge to the international community, and unless we respond effectively we won’t be able to deal with the implications,” said John Ashton, the UK’s special representative for climate change. “We need to see how we can use the assets at our disposal to something about it.” Those assets include the know-how to build international coalitions, and the kind of influence over governmental decision-making that environment ministers can only dream of. Analysts point out that while environment experts know how to make emissions trading work, it’s a “political fact” that you get a quicker response to a security crisis.
Those sentiments were echoed in June by the head of the UN Environment Programme, Achim Steiner, who launched a report revealing the environmental roots of the conflict in Darfur. Mr Steiner said global warming would produce new wars. “People are being pushed into other people’s terrain by the changing climate and it is leading to conflict,” he said. “Societies are not prepared for the scale and the speed with which they will have to decide what they will do with people.”
Were global carbon emissions to be cut by half today, any mitigating effects on climate change would take at least two decades to appear. In the short term we are locked into global warming, so efforts to “climate proof” the nations set to be hit hardest by it is one of the biggest tasks facing the UN, and the most effective means of reducing the likelihood of climate-driven wars. Schemes to mute the impact of climate change, such as wider use of drought-resistant crops, irrigation or better forecasting of storm surges, could help protect hundreds of millions of people. In parts of Sudan, for instance, a study showed that a shift to small-scale irrigated vegetable gardens and efforts to stabilise sand dunes had raised food output. For Uruguay and Argentina, the report urged “a review of coastal and city defences, and of early-warning systems and flood-response strategies” along the river Plate. In Gambia, a projected decline in rainfall this century is likely to cut yields of millet. Cases of dengue fever in the Caribbean could triple, and better education about the risks could help. “Adaptation is not an option – it’s essential,” said Neil Leary of the International Start Secretariat in Washington, who led the studies. ### |
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Posted on Sustainabilitank.info on November 17th, 2007 Inner City Press Posted an Analysis Of The UN News Of The Secretary-General’s Trip To The ABC Countries and to Antarctica. As, according to old Heisenberg Principle, the visit by the Secretary-General has changed the situation so that what he saw is not how it was intended by him to see it, or what he would have learned by having accepted reports from many hundred scientists, so it is really the minimum to ask if he worried at least about carbon off-sets. So, we learn he might not be attuned yet to the idea that he should have done so. Ego-trip 0r eco-trip it really does not matter, and we think that his trip to war-torn Lebanon was a much better use of Secretariat time. We wait now for his statement in Valencia on matters of climate change, and his statement when back in New York on matters of Syria. (our comments) UN’s Ban Jokes of Eco-Tour, Heads Without Carbon Off-Setting to Biofuels Debate in Brazil. Byline: Matthew Russell Lee of Inner City Press at the UN: News Analysis. UNITED NATIONS, November 10 — Speaking in Antarctica, apparently without questions from reporters, UN Secretary-General Ban Ki-moon said, “This trip, you may call it an eco-trip, but I’m not here as a tourist.” Or did he? The UN’s version of the quote, emailed out to UN correspondents, is “We joke among ourselves that we are on an ‘Eco-tour,’ but I am not here as a tourist.” Emphasis added. Note, and hope, for the trajectory from defensive to collegial. During his tour of melting ice, Ban stopped at a South Korean scientific base where, the Associated Press reports, he was “greeted by a small reception and offered traditional Korean food and drink.” The Antarctic ice sheet covers 13.6 million square kilometers, including islands and ice shelves, and has an average thickness of about 2,400 meters. The inland ice has a depth up to double that, making Antarctica easily the highest of the continents. Beyond the melting ice, troubling is brewing around Antarctica. The UK last month said it is considering lodging territorial rights over an area of the continental shelf off Antarctica covering more than 1 million square kilometers. Argentina and Chile immediately came out with their own claims. Other countries, including Russia, France, Australia, New Zealand and Norway, have lodged earlier claims or have reserved the right to do so. China announced this week that it would build a new third research station on the White Continent and beef up its scientific presence there. Similarly about the North Pole, countries bordering the Arctic Ocean are making competing claims to adjacent sub-sea territory that is thought to contain vast reserves of oil and natural gas. The bordering states are Russia, the United States, Norway, Denmark (through Greenland) and Canada. Diplomacy, anyone? Back in New York on November 9, Inner City Press asked Ban’s Associate Spokesman if his travel is being carbon-offset. Pursuing the same question about the climate change debate during the UN’s General Debate in September, Inner City Press was told by Ban, collegially, that it was an “unexpected question.” Is it still unexpected? From the November 9 transcript: Inner City Press: Has any arrangement been made to try to offset the carbon emissions caused by this travel to Antarctica? Associate Spokesperson: The issue of carbon offsetting is a complex and long-term challenge that would require creative thinking and a firm commitment to be addressed. For the Secretary-General’s part, he wants the UN to lead by example, which is why, during the last meeting of the Chief Executive’s Board, just a few weeks ago, he obtained a commitment of all the heads of agencies, programs and specialized agencies to move their own organizations forward to what we call climate neutrality in their daily operations. But as for the specific trip to Antarctica that’s taking place today, that’s being organized by the Chilean Government, so we’ll be checking with them whether any carbon offsetting arrangements have been made by them, after this. Some question whether, if the Secretary General is to lead, simply waiting to hear is the Chilean government carbon-offset its tour of the Secretary General constitutes leadership. We’ll see. Before Ban left on this trip, in his final November 6 meet-the-press at the Security Council stakeout, Inner City Press asked for his views on the balance between food production for the poor and devoting land to biofuels: Inner City Press: You’re visiting an ethanol facility, I believe in Brazil. One of your Special Rapporteurs on food had said that this use of land for biofuel instead of for food was hurting the poor and that there should be a moratorium on it. So he encouraged us to ask you, what’s your view of the balance between food for the poor, under the MDGs [Millennium Development Goals] and cleaner fuels? Ban Ki-moon: As a means of addressing these climate change issues, having alternate resources, or renewable resources of energy, this is a very important aspect. I know that research and development has taken place in many countries, particularly Brazil has been in the lead of the group in the research and development of biofuels. In fact, the UN research report published this year underscored that biofuels [have] greater promise in addressing these global warming issues through low-carbon emissions. At the same time, as you suggested, it is true that there are some concerns expressed, by specialists or experts, on the possible impact on food security. This is also an area which needs attention. Therefore, I would encourage that both research and development and debate should be made. As Secretary-General what I would like to say is that again, the elimination of extreme poverty should be also a top priority. Therefore, how to reconcile or have some balanced development addressing these issues will be very important. I am going to discuss this matter when I visit Brazil, with Brazilian leaders, and look for myself. A statement is to be expected. ———————– And From Valencia, Spain - The Associated Press, November 16, 2007: “Working until dawn, negotiators on Friday concluded a policy guide for governments on global warming that declares climate change is here and is getting worse, one of its authors said. Provisional agreement on the text — which is about 20 pages and summarizes thousands of pages of data and projections — required compromises among the more than 140 delegations, but resulted in a ‘good and balanced document,’ said Bert Metz, a Dutch scientist who helped draft the report. The brief Summary for Policymakers is expected to get final approval later Friday after a longer version of about 70 pages is reviewed and adopted. It is to be released Saturday by U.N. Secretary-General Ban Ki-moon. Until then, the text is supposed to remain confidential.” So, The UNSG will release in Valencia the document that will be handed to him there by Dr. Pachauri, the Executive of the IPCC meeting in which diplomats from 140 UN Member States tried to find the lowest common denominator of that material that it took the scientist’s four years to assemble. The diplomats argued for five days and some NGOs were present in an effort to push upwards this lowest common denominator of the consensus. The UN Secretary-General went on his fact-finding eco-tour in order to be able to say in Valencia about the melting ice - I was there, I saw that. But with his best intentions, arriving to Valencia in time just to release that document will be too late for him having any impact on the outcome. The only question we hear in our mind is thus - “did you do something in order to off-set the ecological foot-print of your trip?” We hope that in Valencia the UN mechanism will come up with a better answer then the Akiyo Akasaka, Ahmad Fawzi, Michelle Montas team in New York. ### |
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Posted on Sustainabilitank.info on November 12th, 2007 http://environment.independent.co.uk/cli… This is from The Reporter for The Independent, Gideon Long, Directly From The Chilean Military Outpost, The Eduardo Frei Base, That Is A Bone Of Contention Between 2 or 3 Sovereign UN Member States, November 12, 2007. As Said, in Order To Get There The UN Secretary-General Will Have Traveled 12,000 miles and No Word Yet If His Trip Was Covered With Emission Off-Sets. “UN chief visits scientists in Antarctica for global warming fact-finding tour,” writes Gideon Long, but when we were there two years ago we visited baracks of the military that were decorated inside still with Photos of General Pinochet. At the Asia Society diner we wrote about, Mr. Ban was talking about an ECO-FACT-FINDING MISSION. On Antarctica, scientists told Mr Ban of the changes they have witnessed on the continent’s peninsula, the finger of land that reaches out from the South Pole towards the southern tip of South America. “The temperature increase here over the last 50 years has been up to 10 times the global average,” said Gino Casassa, a Chilean expert and member of the UN’s Intergovernmental Panel on Climate Change (IPCC), which won this year’s Nobel Peace Prize. In early 2002, Larsen B, an ice shelf about 10 times the size of the Isle of Wight, peeled away from the continent and crashed into the sea. “Nobody believed that Larsen B … could collapse in a matter of weeks,” Mr Casassa said. From the Chilean base Mr Ban hopped into a snowmobile and dropped in on his compatriots at South Korea’s King Sejong research station, where another retreating glacier is being monitored. Mr Ban flew yesterday to Brazil, where he was due to see the effects of logging and burning on the Amazon rainforest. The secretary general and his entourage will have clocked up about 17,000 air miles by the time they get back to New York. ———- The Reuters Reporting by Juan Jose Lagorio From Eduardo Frei Base: U.N.’s Ban says global warming is “an emergency.” EDUARDO FREI BASE, Antarctica, Nov 10 (Reuters) - With prehistoric Antarctic ice sheets melting beneath his feet, U.N. Secretary General Ban Ki-moon called for urgent political action to tackle global warming. The Antarctic Peninsula has warmed faster than anywhere else on Earth in the last 50 years, making the continent a fitting destination for Ban, who has made climate change a priority since he took office earlier this year. “I need a political answer. This is an emergency and for emergency situations we need emergency action,” he said during Friday’s visit to three scientific bases on the barren continent, where temperatures are their highest in about 1,800 years. Antarctica’s ice sheets are nearly 1.5 miles (2.5 km) thick on average — five times the height of the Taipei 101 tower, the world’s tallest building. But scientists say they are already showing signs of climate change. Satellite images show the West Antarctic ice sheet is thinning and may even collapse in the future, causing sea levels to rise. “All we’ve seen has been very impressive and beautiful, extraordinarily beautiful,” he told reporters. “But at the same time it’s disturbing. We’ve seen … the melting of glaciers.” Ban is preparing for a U.N. climate change conference in Bali, Indonesia, in December, which is expected to kick off talks on a new accord to curb carbon emissions after the Kyoto Protocol expires in 2012. Ban has focused strongly on the environment and held a climate change summit at the United Nations on the eve of the annual General Assembly gathering of world leaders. On Saturday, he is expected to continue his South American tour at Chilean national park Torres del Paine, where Andean glaciers are also being affected by global warming. He will then visit Brazil, a leading force in developing biofuels from crops as an alternative to fossil fuels. Fears about climate change have fueled a boom in biofuels. Despite the controversy of diverting food crops into fuel production, Ban has said alternative energy sources are vital to addressing climate change. (( helen.popper at reuters.com; +54 911 4198 3488; Reuters Messaging: helen.popper.reuters.com@reuters.net)) ### |
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Posted on Sustainabilitank.info on November 6th, 2007 Richard Heinberg’s Museletter #187: Environmental and development NGOs are now fixated on climate change to the exclusion of nearly every other topic. Discussions in and among these organizations center on capping carbon emissions and trading emissions rights, and doing this internationally in a way that will be deemed equitable by the global South and acceptable to the industrial Northern countries. Most of these policy organizations are seeking ways of implementing recommendations made in 2001 by the Intergovernmental Panel on Climate Change (IPCC), which suggested that to keep the global average temperature rise to two degrees Celsius above pre-industrial levels (by consensus, the maximum increase the world’s climate system can absorb without triggering catastrophic climate change), the amount of greenhouse gases in the atmosphere must be capped at 450 parts per million of carbon dioxide equivalents. This will require a 60 to 80 percent reduction in carbon emissions below current levels by 2050. In order to win any reduction agreement from less-industrialized nations, the richer, more industrialized nations will have to promise to reduce their emissions more and faster. A growing number of organizations (including the Global Commons Institute, EcoEquity, the Climate Equity Project, Feasta, Just Transition Alliance, The Sky Trust, and Third World Network) contend that the fairest solution would be to allocate annually capped emissions rights globally on an equal per-capita basis; then, if wealthy nations wished to continue using proportionally more fossil fuels, they would have to purchase emissions rights from more parsimonious consumers in poor nations. This would result over time in both a diminishing amount of total emissions (based on the declining trajectory of the annual caps) and an enormous transfer of wealth from the more-industrialized to the less-industrialized nations. Some organizations advocate immediate allotment of equal per-capita emissions rights; others envision a staged implementation of the program, that would give wealthier nations time to plan and adjust (the two most widely promoted versions of this strategy are known as “Contraction and Convergence” and “Cap and Share”). This Grand Bargain could amount to an unprecedented shift of the world’s economic center of gravity. During decades of “development” policy and aid, the disparity between rich and poor only grew; now, however, the poor world has a weapon - even if its use implies a suicide pact. However, the Grand Bargain is going to hit three serious snags before it can gain acceptance: politics, scarcity of fuels, and a growing perception that it is already too late to avert catastrophic climate change. These barriers may require new tactics if NGOs are to achieve their goals. In a paper titled “Climate Change and Trace Gases” published in the Philosophical Transactions of the Royal Society earlier this year, six of America’s leading climate scientists, led by James Hansen, director of NASA’s Goddard Institute for Space Studies, warned that the Earth is rapidly approaching a “tipping point” beyond which climate change will become unstoppable www.planetwork.net). The authors discussed feedback mechanisms not included in the assessments of the IPCC and argued that unless effective measures are put in place to control CO2 emissions over the next ten years, the rise in the Earth’s temperature could set loose self-reinforcing processes that would be beyond human control. But this was before the summer Arctic ice melt of 2007. The organization Carbon Equity issued a report last month, “The Big Melt: Lessons from the Arctic Summer of 2007″ www.carbonequity.info), which draws conclusions from this disturbing new information: Another report published this month, this one in the Proceedings of the National Academy of Sciences (www.guardian.co.uk/environment/2007/oct/23/climatechange.carbonemissions), documents that carbon is accumulating in the atmosphere much faster than previously thought, and only adds weight to the Carbon Equity recommendations. While global carbon dioxide emissions from fossil fuel burning rose annually by 0.7 percent in the 1990s, the new study shows they have increased by an average 2.9 percent each year since 2000. What would targets of 0.5 degrees warming over pre-industrial levels, and 320 ppm CO2e, mean in terms of policy? While the Carbon Equity report doesn’t say so, if all nations were to bear the brunt of equal emissions cuts the latter would have to be huge - well over 90 percent in just three or four decades. But if international equity is also targeted, this means that for the wealthy nations more than 100 percent reduction would be needed. In other words, leaving aside the notion of carbon capture and storage (discussed below), not only would wealthy nations have to transform their economies to run entirely without fossil fuels (which currently supply 85 percent of world energy), but they would need to spend considerable capital on efforts to capture and sequester existing atmospheric carbon - for example, through massive reforestation projects. One has to wonder: With all the energy and investment that would be needed to de-carbonize industrial economies (by developing renewable energy sources, building public transportation infrastructure, and so on) and store carbon, what money and energy would be left to run existing economies, much less to fuel growth in goods and services to the population?
Take the US as an atypical but essential example. One can realistically calculate a possible 50 percent reduction in fossil fuel consumption for the country through conservation (though that will be an enormous job, requiring extensive new electrified public transport infrastructure, new housing codes, subsidized energy retrofit programs, and so on). Another 25 percent of current fossil fuel consumption could be offset with renewable energy sources. All of this would take a few decades, and during that time we have to assume no population growth and no economic growth. That gets us to 75 percent reduction from current levels. Beyond that, it is difficult to see how more could be achieved - unless America continues burning fossil fuels but captures and stores the carbon. Suddenly with that possibility a relief valve is opened: coal-based electricity could flow in to fill the void. This is why carbon capture and storage is the technical centerpiece of most politically acceptable prescriptions for climate salvation. However, technologies for carbon capture will add to the cost of energy, will reduce the amount of useful energy derivable from fossil fuels, and won’t be ready for widespread commercial application for about three decades. We do not even know if the captured carbon will stay where we put it. These are not trivial problems, and the first two will bite hard in the emerging context of scarce energy supplies and high prices (more on that below). Still, politicians are feeling increasing pressure from constituents, NGOs, and the scientific community to agree at least to the IPCC target of 60 to 80 percent emissions reductions by 2050. The European nations have signed on to a carbon reduction scheme, as has the state of California. The method being adopted is cap and- trade - the creation of a carbon emissions rights market that, according to its critics, is actually an elaborate shell game that enables wealthy nations and energy corporations to continue burning fuels at high rates by paying others to do the hard work of figuring out how to get by on less fuel (a point hilariously illustrated on the website www.cheatneutral.com). While cap-and-trade employs many of the same basic mechanisms as the emissions rights distribution programs advocated by the environmental/equity NGOs, there are also substantial differences: governments and corporations envision high caps and free or auctioned distribution of emissions rights to industry; the NGOs advocate much lower caps and free distribution of rights to the people. Resolving these two visions of the process will be no small matter. In the event of extraordinary circumstances, catastrophic events, or threat of significant economic harm, the Governor may adjust the applicable deadlines for individual regulations, or for the state in the aggregate, to the ear |






















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