Skip to main content

Home/ History Readings/ Group items tagged Emissions

Rss Feed Group items tagged

Javier E

Protect biodiversity to fight climate change - The Washington Post - 0 views

  • Giant kelp is among the best organisms on the planet for taking planet-warming gases out of the atmosphere. Buoyed by small, gas-filled bulbs called “bladders,” these huge algae grow toward the ocean surface at a pace of up to two feet per day. Their flexible stems and leafy blades form a dense underwater canopy that can store 20 times as much carbon as an equivalent expanse of terrestrial trees.
  • Yet this powerful force for planetary protection is under siege. Warming waters and worsening storms caused by climate change have weakened the kelp forests.
  • Most significantly, the demise of important predators such as otters and sea stars has led to an explosion in the population of sea urchins, which eat kelp.
  • ...20 more annotations...
  • The Earth itself is our greatest ally in this effort. Ecosystems like California’s kelp forests absorb about half of the greenhouse gases humans emit, studies show. Without them, warming would be even worse. Nature shields us from the worst consequences of our own actions, forgiving the sins we refuse to repent.
  • If we hope to solve climate change, humanity must also address this biodiversity crisis — restoring ecosystems and the creatures that inhabit them.
  • One way to revitalize ecosystems: protect the ground they grow from.Think of the soft, spongy soil of an old-growth woodland. Here, a towering oak tree draws up water and nutrients via threadlike fungi attached to its roots. In exchange, the fungi take sugar from the oak, funneling carbon from the air into the ground.Now imagine a leaf from that oak drifting slowly to the forest floor. Perhaps it becomes food for an earthworm. Then microbes attack the earthworm’s droppings, breaking down the residue further still.Eventually, the carbon that was once a leaf can become trapped in clods of earth. Other atoms may form strong chemical bonds with minerals like iron, which prevents them from reacting with oxygen and returning to the air. Under the right conditions, carbon might stay locked away in dense, dark earth for centuries. Soils contain more carbon than the entire atmosphere and all the world’s plants combined.
  • This makes soil both a ticking time bomb and an overlooked climate solution
  • “And because soil is such an important reservoir,” Berhe said, “a small change in the release of that carbon can lead to a big change in the concentrations of greenhouse gases in the atmosphere.”
  • A 2020 analysis in the journal Nature Sustainability found that better soil stewardship could reduce emissions by at least 5.5 gigatons of carbon dioxide each year — about 15 percent of current annual emissions.
  • “Once that happens,” Berhe said, “it’s not just the carbon status of the soil that’s improved. The soil literally becomes softer. It holds more water and nutrients. It’s easier for plants to grow in … and serve as a home for the most abundant and diverse group of organisms that we know of.
  • Enhancing carbon in soils is just the beginning. In 2017, an international team of scientists set out to determine how much carbon the planet could pull out of the atmosphere, if humans would only give it a chance. In a study in the Proceedings of the National Academy of Sciences (PNAS), they concluded natural climate systems are capable of storing almost 24 gigatons of carbon dioxide per year — roughly two thirds of what people emit.
  • About half of that sequestration would be cost-effective, meaning enacting the necessary protections would cost less than the consequences of keeping that carbon in the air.
  • Of the climate solutions they studied, few delivered more carbon bang per buck than mangroves — lush systems of salt-tolerant shrubs and trees that thrive where freshwater rivers spill into the sea. Though these forests occupy just 0.5 percent of the Earth’s shorelines, they account for 10 percent of the coast’s carbon storage capacity.
  • But the unique ecosystems are too often dismissed as unproductive swamps, good for no one but the mosquitoes. In the past half-century, more than a quarter of the world’s mangroves have been destroyed — drained for development, converted for shrimp farms, poisoned by fertilizer and drowned by dammed-up streams.
  • Yet the Earth cannot compensate for all of humanity’s pollution, said William Schlesinger, former dean of Duke University’s School of the Environment and a co-author on the 2017 PNAS study. Unless people also reduce the amount of greenhouse gases we emit, no amount of ecological restoration will save us.
  • “The bottom line is we’ve got to get off of using fossil fuels in transportation and heating and lighting and everything else,”
  • In public talks, he puts it this way: “It’s easier to patch a hole in a bag than to pick up the marbles that fall out.”
  • Since the end of the last ice age, the frozen expanse at the top of the world has acted as a protective shield. During the summer, when the sun shines 24 hours a day, Arctic sea ice reflects about two-thirds of the light that hits it back into space. By contrast, the dark open ocean absorbs the majority of the sun’s heat.
  • If the Arctic loses its perpetual ice cover, it would add half a degree Celsius of warming to the global average temperature, studies suggest. The world is hurtling toward that milestone. Since 1979, the volume of ice left at the end of the summer has shrunk about 75 percent.
  • There is just one way to save it, she said: by stopping global warming. Only by ending the use of fossil fuels and eliminating greenhouse gas emissions can people prevent the Arctic from heating further and give the ice a chance to recover.
  • If we do nothing, models indicate, it will be a matter of decades before the summertime Arctic is ice-free for the first time in human history. Sea levels will surge, coastal communities will be deluged, and we will no longer have the planet’s air conditioning unit to help us cool our world down.
  • Our species evolved and our civilization was built under fairly stable climate conditions. When things changed, they changed slowly, giving us time to adapt.
  • The rapid transformation of our planet doesn’t just endanger ecosystems; humanity will suffer. People have never lived on a planet without mangroves, or peatlands, or summertime ice. We’ve never had to go without the benefits the Earth provides.
mattrenz16

Biden's Fossil Fuel Moves Clash With Pledges on Climate Change - The New York Times - 0 views

  • On Wednesday, the Biden administration defended in federal court the Willow project, a huge oil drilling operation proposed on Alaska’s North Slope that was approved by the Trump administration and is being fought by environmentalists. Weeks earlier, it backed former President Donald J. Trump’s decision to grant oil and gas leases on federal land in Wyoming. Also this month, it declined to act when it had an opportunity to stop crude oil from continuing to flow through the bitterly contested, 2,700-mile Dakota Access pipeline, which lacks a federal permit.
  • The three decisions suggest the jagged road that Mr. Biden is following as he tries to balance his climate agenda against practical and political pressures.
  • As important, Mr. Biden is trying to avoid alienating a handful of moderate Republicans and Democrats from oil, gas and coal states who will decide the fate of his legislative agenda in Congress. Among them is Lisa Murkowski, the Republican senator from Alaska for whom the Willow project is a top priority and who grilled Deb Haaland about it during Ms. Haaland’s confirmation hearing for interior secretary in February.Editors’ PicksSummertime … and the Sloganeering Is a Little AwkwardThe Murky World of Private Spies and the Damage They May Be DoingThey’ve Given $6 Million to the Arts. No One Knew Them, Until Now.AdvertisementContinue reading the main story
  • ...9 more annotations...
  • The multibillion-dollar plan from ConocoPhillips to drill in part of the National Petroleum Reserve would produce more than 100,000 barrels of oil a day until 2050. It is being challenged by environmental groups who said the Trump administration failed to consider the impact that drilling would have on fragile wildlife and that burning the oil would have on global warming.
  • Senator Dan Sullivan, Republican of Alaska, said in an interview that he, Ms. Murkowski and Representative Don Young of Alaska had all met with Ms. Haaland “ad nauseam” about Alaska issues, including the Willow project. Mr. Sullivan said he had repeatedly made the case that Willow’s projected 2,000 jobs and $1.2 billion in revenues should be seen as part of the Biden administration’s focus on environmental equity, as it would directly benefit local and Alaska Native communities in the North Slope.
  • The decision on the Willow project was made as the Biden administration is trying to win Republican support for its infrastructure package and other policies, said Gerald Torres, a professor of law and environmental justice at Yale University. “He is going to need Murkowski’s vote for some things,” he said. “These are political calculations.”
  • Earlier this month, lawyers for the Biden administration also opposed in court shutting down the Dakota Access pipeline, which is carrying about 550,000 barrels of oil daily from North Dakota to Illinois. The Standing Rock Sioux tribe and other activists have fought it for more than five years, contending the pipeline threatens water supplies and sacred sites.
  • A few days later, the Biden administration defended 440 oil and gas leases issued by the Trump administration on federal land in Wyoming that is also the critical habitat of the sage grouse, mule deer and pronghorn. Environmentalists successfully sued the government to stop the leases, arguing that they violated a 2015 agreement that protected that land. But in federal appeals court, the Biden administration defended the decision to allow oil and gas drilling.
  • Environmental activists, who campaigned to elect Mr. Biden, said this week that they were “baffled” and “disappointed” by the decisions but avoided criticizing the president.
  • Still, some said they were running out of patience with the distance between Mr. Biden’s climate policies and his actions at a time when scientists say countries need to quickly and sharply cut fossil fuel emissions or risk irreversible damage to the planet.
  • Still, some said they were running out of patience with the distance between Mr. Biden’s climate policies and his actions at a time when scientists say countries need to quickly and sharply cut fossil fuel emissions or risk irreversible damage to the planet.
  • This month the world’s leading energy agency warned that governments around the globe must stop approving fossil fuel projects now if they want to keep the increase in average global temperatures below 2 degrees Celsius, compared with preindustrial levels. That’s the threshold beyond which scientists say the Earth will experience irreversible damage.
anonymous

The intensifying battle for Exxon's future - Axios - 0 views

  • Investment group Engine No. 1, which is nominating board members it says are equipped to deal with these dynamics, this week gained new support.
  • Exxon, one of the world's most powerful companies, which has not sought to diversify as widely as its European peers (though oil-and-gas remains the dominant business for all of them).
  • Exxon has "significantly underperformed and has failed to adjust its strategy to enhance long-term value."The slide deck argues that Exxon has long lagged behind its Big Oil peers by multiple metrics of investor returns.
  • ...1 more annotation...
  • Exxon yesterday posted its own detailed slide deck laying out the case for why its strategy will provide long-term value.It's the latest of recent moves including new board additions and vowing new emissions intensity cuts.
Javier E

Natural Gas, America's No. 1 Power Source, Already Has a New Challenger: Batteries - WSJ - 0 views

  • Vistra Corp. owns 36 natural-gas power plants, one of America’s largest fleets. It doesn’t plan to buy or build any more. Instead, Vistra intends to invest more than $1 billion in solar farms and battery storage units in Texas and California as it tries to transform its business to survive in an electricity industry being reshaped by new technology.
  • A decade ago, natural gas displaced coal as America’s top electric-power source, as fracking unlocked cheap quantities of the fuel. Now, in quick succession, natural gas finds itself threatened with the same kind of disruption, only this time from cost-effective batteries charged with wind and solar energy.
  • Natural-gas-fired electricity represented 38% of U.S. generation in 2019
  • ...23 more annotations...
  • Wind and solar generators have gained substantial market share, and as battery costs fall, batteries paired with that green power are beginning to step into those roles by storing inexpensive green energy and discharging it after the sun falls or the wind dies.
  • President Biden is proposing to extend renewable-energy tax credits to stand-alone battery projects—installations that aren’t part of a generating facility—as part of his $2.3 trillion infrastructure plan, which could add fuel to an already booming market for energy storage.
  • renewables have become increasingly cost-competitive without subsidies in recent years, spurring more companies to voluntarily cut carbon emissions by investing in wind and solar power at the expense of that generated from fossil fuels.
  • the specter of more state and federal regulations to address climate change is accelerating the trend.
  • the combination of batteries and renewable energy is threatening to upend billions of dollars in natural-gas investments, raising concerns about whether power plants built in the past 10 years—financed with the expectation that they would run for decades—will become “stranded assets,” facilities that retire before they pay for themselves.
  • as batteries help wind and solar displace traditional power sources, some investors view the projects with caution, noting that they, too, could become victims of disruption in coming years, if still-other technological advances yield better ways to store energy.
  • most current batteries can deliver power only for several hours before needing to recharge. That makes them nearly useless during extended outages.
  • Duke Energy Corp. , a utility company based in Charlotte, N.C., that supplies electricity and natural gas in parts of seven states, is still looking to build additional gas-fired power plants. But it has started to rethink its financial calculus to reflect that the plants might need to pay for themselves sooner, because they might not be able to operate for as long.
  • To remedy that, Duke in public filings said it is considering shortening the plants’ expected lifespan from about 40 years to 25 years and recouping costs using accelerated depreciation, an accounting measure that would let the company write off more expenses earlier in the plants’ lives
  • It may also consider eventually converting the plants to run on hydrogen, which doesn’t result in carbon emissions when burned.
  • Much of the nation’s gas fleet, on the other hand, is relatively young, increasing the potential for stranded costs if widespread closures occur within the next two decades.
  • Gas plants that supply power throughout the day face the biggest risk of displacement. Such “baseload” plants typically need to run at 60% to 80% capacity to be economically viable, making them vulnerable as batteries help fill gaps in power supplied by solar and wind farms.
  • Today, such plants average 60% capacity in the U.S., according to IHS Markit, a data and analytics firm. By the end of the decade, the firm expects that average to fall to 50%, raising the prospect of bankruptcy and restructuring for the lowest performers.
  • “It’s just coal repeating itself.”
  • It took only a few years for inexpensive fracked gas to begin displacing coal used in power generation. Between 2011, shortly after the start of the fracking boom, and 2020, more than 100 coal plants with 95,000 megawatts of capacity were closed or converted to run on gas, according to the EIA. An additional 25,000 megawatts are slated to close by 2025.
  • Batteries are most often paired with solar farms, rather than wind farms, because of their power’s predictability and because it is easier to secure federal tax credits for that pairing.
  • Already, the cost of discharging a 100-megawatt battery with a two-hour power supply is roughly on par with the cost of generating electricity from the special power plants that operate during peak hours. Such batteries can discharge for as little as $140 a megawatt-hour, while the lowest-cost “peaker” plants—which fire up on demand when supplies are scarce—generate at $151 a megawatt-hour, according to investment bank Lazard.
  • Solar farms paired with batteries, meanwhile, are becoming competitive with gas plants that run all the time. Those types of projects can produce power for as little as $81 a megawatt-hour, according to Lazard, while the priciest of gas plants average $73 a megawatt-hour
  • Even in Texas, a state with a fiercely competitive power market and no emissions mandates, scarcely any gas plants are under construction, while solar farms and batteries are growing fast. Companies are considering nearly 88,900 megawatts of solar, 23,860 megawatts of wind and 30,300 megawatts of battery storage capacity in the state, according to the Electric Reliability Council of Texas. By comparison, only 7,900 megawatts of new gas-fired capacity is under consideration.
  • California last summer experienced the consequences of quickly reducing its reliance on gas plants. In August, during an intense heat wave that swept the West, the California grid operator resorted to rolling blackouts to ease a supply crunch when demand skyrocketed. In a postmortem published jointly with the California Public Utilities Commission and the California Energy Commission, the operator identified the rapid shift to solar and wind power as one of several contributing factors.
  • Mr. Morgan, who has closed a number of Vistra’s coal-fired and gas-fired plants since becoming CEO in 2016, said he anticipates most of the company’s remaining gas plants to operate for the next 20 years.
  • Quantum Energy Partners, a Houston-based private-equity firm, in the last several years sold a portfolio of six gas plants in Texas and three other states upon seeing just how competitive renewable energy was becoming. It is now working to develop more than 8,000 megawatts of wind, solar and battery projects in 10 states.
  • “We pivoted,” said Sean O’Donnell, a partner in the firm who helps oversee the firm’s power investments. “Everything that we had on the conventional power side, we decided to sell, given our outlook of increasing competition and diminishing returns.”
mattrenz16

Electric Cars Are Better for the Planet - and Often Your Budget, Too - The New York Times - 0 views

  • Electric vehicles are better for the climate than gas-powered cars, but many Americans are still reluctant to buy them. One reason: The larger upfront cost.
  • New data published Thursday shows that despite the higher sticker price, electric cars may actually save drivers money in the long-run.
  • To reach this conclusion, a team at the Massachusetts Institute of Technology calculated both the carbon dioxide emissions and full lifetime cost — including purchase price, maintenance and fuel — for nearly every new car model on the market.
  • ...5 more annotations...
  • Climate scientists say vehicle electrification is one of the best ways to reduce planet-warming greenhouse gas emissions.
  • (Battery-electric engines have fewer moving parts that can break compared with gas-powered engines and they don’t require oil changes. Electric vehicles also use regenerative braking, which reduces wear and tear.)
  • The new data showed hybrid cars, which run on a combination of fuel and battery power, and can sometimes be plugged in, had more mixed results for both emissions and costs.
  • Gas prices are lower along the Gulf Coast and higher in California.
  • “With that trajectory, you can imagine that even immediately at the purchase price level, certain smaller sedans could reach purchase price parity in the next couple of years,” Dr. Gearhart said.
brookegoodman

Trump's Climate Agenda May Not Help Energy Firms as He Says | Time - 0 views

  • President Trump touted his deregulatory agenda on climate and energy in a speech in Pittsburgh Wednesday, describing his support as key to the industry
  • Many worry that public backlash over the industry’s role in causing climate change, as well as its reputation as an ardent opponent of environmental regulations, poses a serious, long-term threat to their business.
  • Bigger companies, like BP, are more likely to support limited climate regulation like methane rules than small ones because their deep pockets make it easier to meet regulatory costs. And European oil and gas firms are more likely to see a future beyond oil and gas than their American counterparts, in large part because of pressure in their home countries.
  • ...9 more annotations...
  • That division came to a head earlier this year when the Trump Administration rolled back rules requiring oil and gas companies to halt methane emissions, the second-most common greenhouse gas.
  • API blasted out emails to reporters highlighting the role natural gas has played reducing emissions, praising the launch of a Senate climate group looking into potential bipartisan climate solutions, and saying that when it comes to climate change “we’re on it.”
  • A handful of oil majors, BP, ConocoPhilips, ExxonMobil, Shell and Total, are supporting a coalition pushing a proposal for a carbon tax at the federal level that would distribute the revenue back to taxpayers.
  • Denying climate change is no longer viable, but trade groups often end up supporting the policy views of their lowest common denominator.
  • “Companies should not be so greedy,” he said, calling addressing emissions from methane an “asset protection strategy.”
  • energy systems around the world need to shift dramatically to keep temperatures from rising more than 1.5°C by the end of the century,
  • Massachusetts Senator Elizabeth Warren and Vermont Senator Bernie Sanders, who are polling alongside former Vice President Joe Biden in a close race for the Democratic presidential nomination, have both said they would ban fracking as part of a suite of policies targeting the industry.
  • President Trump, who regularly claims the climate measures amount to a “war” on American energy.
  • But the science is also clear that simply not addressing the issue will bring much worse economic catastrophe, from submerged cities to mass migration fueled by extreme weather.
nrashkind

Stopping Global Warming Will Cost $50 Trillion: Morgan Stanley Report - 0 views

  • Morgan Stanley analysts finds that to do so by 2050 the world will need to spend $50 trillion in five key areas of zero-carbon technology.
  • Electric vehicles will become more important than ever in the bid to reduce greenhouse gas emissions from automobiles;
  • $11 trillion will be needed to build more factories and develop the batteries and infrastructure needed for a widespread switch to electric vehicles
  • ...5 more annotations...
  • Carbon capture and storage, which Morgan Stanley says is the only viable option for reducing emissions from coal-fired plants, is another key area and would need almost $2.5 trillion of investment.
  • to reduce net carbon emissions to zero and meet the Paris Agreement’s goal, the world would have to eliminate 53.5 billion metric tons of carbon dioxide each year,
  • Beyond the social and environmental consequences from failing to act on climate change, going beyond a temperature rise of 2 degrees Celsius could result in a loss of $10 trillion to $20 trillion of global GDP by 2100, Morgan Stanley predicts.
  • Within the electric vehicles space, Tesla is the “only pure play”—though they should be followed by VW and Toyota in the long run, while other companies like Panasonic and Albemarle are among the leading players in lithium technology and supply.
  • For hydrogen, companies to watch include Air Liquide, Siemens and Alstom.
  •  
    This article talks about the costs of ending global warming
nrashkind

It's a Vast, Invisible Climate Menace. We Made It Visible. - The New York Times - 0 views

  • Immense amounts of methane are escaping from oil and gas sites nationwide, worsening global warming, even as the Trump administration weakens restrictions on offenders
  • To the naked eye, there is nothing out of the ordinary at the DCP Pegasus gas processing plant in West Texas
  • But a highly specialized camera sees what the human eye cannot: a major release of methane, the main component of natural gas and a potent greenhouse gas that is helping to warm the planet at an alarming rate.
  • ...16 more annotations...
  • In just a few hours, the plane’s instruments identified six sites with unusually high methane emissions
  • Methane is loosely regulated, difficult to detect and rising sharply
  • Operators of the sites identified by The Times are among the very companies that have lobbied the Trump administration,
  • either directly or through trade organizations, to weaken regulations on methane,
  • Next year, the administration could move forward with a plan that would effectively eliminate requirements
  • By the E.P.A.’s own calculations, the rollback would increase methane emissions by 370,000 tons through 2025, enough to power more than a million homes for a year.
  • A worker went to check on the tank, climbing some stairs and walking into the plume.
  • The reporters drove to the sites armed with infrared video gear that revealed methane billowing from tanks, seeping from pipes and wafting from bright flares that are designed to burn off the gas,
  • The regulatory rollback sought by the energy industry is the latest chapter in the administration’s historic effort to weaken environmental and climate regulations while waging a broad-based attack on climate science.
  • The findings address the mystery behind rising levels of methane in the atmosphere. Methane levels have soared since 2007 for reasons that still aren’t fully understood.
  • Methane also contributes to ground-level ozone, which, if inhaled, can cause asthma and other health problems.
  • In the course of about four hours of flying, we found at least six sites with high methane-emissions readings, ranging from about 300 pounds to almost 1,100 pounds an hour, including at DCP Pegasus, which is part owned by the energy giant Phillips 66.
  • At the DCP Pegasus plant, south of Midland, the camera transformed a tranquil scene into a furnace. Hot columns of gas shot into the air. Fumes engulfed structures.
  • “This site’s definitely leaking,”
  • The companies found an administration willing to listen.
  • Before his appointment to the post of assistant administrator at the E.P.A.
delgadool

Extinction Rebellion's plan to save the climate with civil disobedience - Vox - 0 views

  • They’ve glued themselves to trains, blockaded major bridges, and chained themselves to government buildings
  • They’ve glued themselves to trains, blockaded major bridges, and chained themselves to government buildings
    • delgadool
       
      wow!
  • nonviolent civil disobedience is our only shot at countering the climate emergency.
  • ...6 more annotations...
  • So might Hallam’s plan to replace the government with a Citizens’ Assembly, a group of randomly selected citizens, which he argues would be more democratic and more responsive to the climate crisis than the status quo.
  • French President Emmanuel Macron just promised to give 150 randomly chosen people the power to set the policy agenda on cutting carbon emissions. In the UK, 110 people will take part in an assembly to decide on policies for achieving net-zero carbon emissions by 2050.
  • we can no longer rely on incremental reforms, like those advocated by most environmental nonprofits
  • You’ve got to understand, it’s like we’ve gone to the doctor and he’s told us we’ve got terminal cancer. We need to reduce carbon emissions in a matter of months and years, not decades. We need to change governments’ actions very quickly.
  • Yes, 3.5 percent is the average of what we’ve needed in uprisings since 1900.
  • This is too important for it to be about political ideology or ego. But people have been doing climate marches for more than 30 years. It doesn’t work because no one is losing money or reputation. The most effective way to do that is breaking the law and going to prison.
blairca

Climate Change Is Accelerating, Bringing World 'Dangerously Close' to Irreversible Chan... - 0 views

  • Climate change and its effects are accelerating, with climate related disasters piling up, season after season.
  • But reducing greenhouse gas emissions to fight climate change will require drastic measures, Dr. Taalas said. “The only solution is to get rid of fossil fuels in power production, industry and transportation,” he said.
  • Even the ground itself is warming faster. Permanently frozen ground, or permafrost, is thawing more rapidly, threatening the release of large amounts of long-stored carbon that could in turn make warming even worse, in what scientists call a climate feedback loop.
  • ...5 more annotations...
  • Warming can make wildfires worse, for example — it makes vegetation drier and more combustible — but forest management practices, as well as decisions about where to build, also affect the degree of devastation.
  • At the root of the changes is the basic process of global warming. As carbon dioxide and other greenhouse gases build up in the atmosphere, they trap more of the heat that radiates from Earth’s surface as it absorbs sunlight.
  • But the United States under President Trump is leaving the agreement, and a United Nations report last month suggested that even if countries meet their pledges to cut emissions, and many are far off track, warming would be more than twice the 1.5-degree target.
  • By some estimates, Arctic permafrost contains about twice as much carbon as is currently in the atmosphere.
  • When it thaws, the organic matter begins to decompose, and the carbon enters the atmosphere as methane or carbon dioxide, adding to warming
nrashkind

Norway says its new giant oil field is good for the planet. Critics call it climate hyp... - 0 views

shared by nrashkind on 20 Jan 20 - No Cached
  • It's not a boast you usually hear about an oil field: Norway says its huge new facility is great for the environment.
  • The oil-rich nation claims the Johan Sverdrup field, which was opened with pomp by the Prime Minister last week, is helping to "reduce emissions" because it is completely powered by renewable energy.
  • "Johan Sverdrup is now open
  • ...11 more annotations...
  • Its critics, however, see Norway's third-biggest oil field ever as a perfect symbol of the Scandinavian country's climate hypocrisy.
  • The field, located around 87 miles off the Norwegian coast, is named after the country's first prime minister. It has reserves of 2.7 billion barrels of oil, enough to last half a century and bring more than $100 billion into Norway's pocket.
  • The operation is powered by energy brought from the shore, generated mainly from hydroelectric power
  • a rarity for offshore oil fields, most of which are powered by diesel generators.
  • "Norway has a schizophrenic relationship with climate and oil and gas
  • On top of its significant fossil fuel reserves, Norway also has abundant renewable energy resources
  • "The big problem is the combustion, in sectors like transport and industry," he said.
  • For Norway, this means that it is not responsible for the emissions caused by the burning of its oil in other places around the world.
  • Norway's Minister of Climate and Environment Ola Elvestuen acknowledged that his country will need to change its ways in the future.
  • The Johan Sverdrup field operation is scheduled to run until 2070 -- 20 years after global emissions must be zero, according to a pledge signed by Norway's government.
  • "An expression often used by the largest parties in Norway is that the person who will 'switch the light off' on (oil production on) the Norwegian shelf has not yet been born," said Paarup Michelsen.
Javier E

Addressing climate change post-coronavirus | McKinsey - 0 views

  • Addressing climate change in a post-pandemic world
  • the coronavirus outbreak seems to indicate that the world at large is equally ill prepared to prevent or confront either.
  • By contrast, financial shocks—whether bank runs, bubble bursts, market crashes, sovereign defaults, or currency devaluations—are largely driven by human sentiment, most often a fear of lost value or liquidity.
  • ...49 more annotations...
  • Physical shocks, however, can only be remedied by understanding and addressing the underlying physical causes. Our recent collective experience, whether in the public or the private sector, has been more often shaped by financial shocks, not physical ones. The current pandemic provides us perhaps with a foretaste of what a full-fledged climate crisis could entail
  • Pandemics and climate risk also share many of the same attributes. Both are systemic, in that their direct manifestations and their knock-on effects propagate fast across an interconnected world.
  • They are both nonstationary, in that past probabilities and distributions of occurrences are rapidly shifting and proving to be inadequate or insufficient for future projections.
  • Both are nonlinear, in that their socioeconomic impact grows disproportionally and even catastrophically once certain thresholds are breached
  • They are both risk multipliers, in that they highlight and exacerbate hitherto untested vulnerabilities inherent in the financial and healthcare systems and the real economy
  • Both are regressive, in that they affect disproportionally the most vulnerable populations and subpopulations of the world.
  • Finally, neither can be considered as a “black swan,” insofar as experts have consistently warned against both over the years
  • They also require a present action for a future reward that has in the past appeared too uncertain and too small given the implicit “discount rate.” This is what former Bank of England Governor Mark Carney has called the “tragedy of the horizon.”
  • addressing pandemics and climate risk requires the same fundamental shift, from optimizing largely for the shorter-term performance of systems to ensuring equally their longer-term resiliency
  • The coronavirus pandemic and the responses that are being implemented (to the tune of several trillion dollars of government stimulus as of this writing) illustrate how expensive the failure to build resiliency can ultimately prove
  • In climate change as in pandemics, the costs of a global crisis are bound to vastly exceed those of its prevention.
  • both reflect “tragedy of the commons” problems, in that individual actions can run counter to the collective good and deplete a precious, common resource.
  • Neither pandemics nor climate hazards can be confronted without true global coordination and cooperation
  • there are also some notable differences between pandemics and climate hazards.
  • A global public-health crisis presents imminent, discrete, and directly discernable dangers, which we have been conditioned to respond to for our survival.
  • The risks from climate change, by contrast, are gradual, cumulative, and often distributed dangers that manifest themselves in degrees and over time.
  • What lessons can be learned from the current pandemic for climate change? What implications—positive or negative—could our pandemic responses hold for climate action?
  • the timescales of both the occurrence and the resolution of pandemics and climate hazards are different.
  • What this means is that a global climate crisis, if and when ushered in, could prove far lengthier and far more disruptive than what we currently see with the coronavirus (if that can be imagined).
  • Finally, pandemics are a case of contagion risk, while climate hazards present a case of accumulation risk.
  • Contagion can produce perfectly correlated events on a global scale (even as we now witness), which can tax the entire system at once; accumulation gives rise to an increased likelihood of severe, contemporaneous but not directly correlated events that can reinforce one another.
  • Climate change—a potent risk multiplier—can actually contribute to pandemics
  • For example, rising temperatures can create favorable conditions for the spread of certain infectious, mosquito-borne diseases, such as malaria and dengue fever, while disappearing habitats may force various animal species to migrate, increasing the chances of spillover pathogens between them.
  • Third, investors may delay their capital allocation to new lower-carbon solutions due to decreased wealth.
  • Factors that could support and accelerate climate action
  • For starters, certain temporary adjustments, such as teleworking and greater reliance on digital channels, may endure long after the lockdowns have ended, reducing transportation demand and emissions
  • Second, supply chains may be repatriated, reducing some Scope 3 emissions (those in a company’s value chain but not associated with its direct emissions or the generation of energy it purchases)
  • Third, markets may better price in risks (and, in particular, climate risk) as the result of a greater appreciation for physical and systemic dislocations.
  • There may, additionally, be an increased public appreciation for scientific expertise in addressing systemic issues.
  • there may also be a greater appetite for the preventive and coordinating role of governments in tackling such risks
  • Moreover, lower interest rates may accelerate the deployment of new sustainable infrastructure
  • lastly, the need for global cooperation may become more visible and be embraced more universally.
  • Factors that may hamper and delay climate action
  • Simultaneously, though, very low prices for high-carbon emitters could increase their use and further delay energy transition
  • A second crosscurrent is that governments and citizens may struggle to integrate climate priorities with pressing economic needs in a recovery
  • he environmental impact of some of the measures taken to counter the coronavirus pandemic have been seen by some as a full-scale illustration of what drastic action can produce in a short amount of time.
  • Finally, national rivalries may be exacerbated if a zero-sum-game mentality prevails in the wake of the crisis.
  • For governments, we believe four sets of actions will be important
  • First, build the capability to model climate risk and to assess the economics of climate change.
  • Second, devote a portion of the vast resources deployed for economic recovery to climate-change resiliency and mitigation
  • Third, seize the opportunity to reconsider existing subsidy regimes that accelerate climate change
  • Fourth, reinforce national and international alignment and collaboration on sustainability, for inward-looking, piecemeal responses are by nature incapable of solving systemic and global problems.
  • For companies, we see two priorities. First, seize the moment to decarbonize, in particular by prioritizing the retirement of economically marginal, carbon-intensive assets
  • Second, take a systematic and through-the-cycle approach to building resilience.
  • For all—individuals, companies, governments, and civil society—we see two additional priorities. First, use this moment to raise awareness of the impact of a climate crisis, which could ultimately create disruptions of great magnitude and duration.
  • That includes awareness of the fact that physical shocks can have massive nonlinear impacts on financial and economic systems and thus prove extremely costly.
  • Second, build upon the mindset and behavioral shifts that are likely to persist after the crisis (such as working from home) to reduce the demands we place on our environment—or, more precisely, to shift them toward more sustainable sources.
  • Moving toward a lower-carbon economy presents a daunting challenge, and, if we choose to ignore the issue for a year or two, the math becomes even more daunting.
  • it is also critical that we begin now to integrate the thinking and planning required to build a much greater economic and environmental resiliency as part of the recovery ahead.
martinelligi

Natural Gas Companies Have Their Own Plans To Go Low-Carbon : NPR - 0 views

  • Fossil fuel companies face an existential threat as more governments and businesses tackle climate change and vow to zero-out carbon emissions. President Biden has a plan to do that in the U.S., and some gas companies are recognizing they need a survival plan for the future.
  • Dozens of cities have moved to restrict or ban natural gas in new buildings and use renewable electricity for heating and cooking instead. But gas companies, which have launched expensive public-relations campaigns in response, say that's not the only way to decarbonize.
  • Heiting says NW Natural could continue fueling home furnaces, appliances and industrial plants with a carbon-neutral mixture of renewable gas that would come from a variety of sources.
  • ...4 more annotations...
  • Heiting says burning that methane is a way of reducing the greenhouse gas emissions that are currently contributing to climate change. Methane released from dairy farms, for example, has far more global warming potential than the carbon dioxide released when that methane is burned.
  • So the company would then mix that lower-carbon gas with hydrogen gas, which has no carbon emissions when it's burned.
  • "This is not going to happen without policy support," she says. "We need production tax credits for renewable natural gas and hydrogen just like we put in place for wind and solar."
  • "Hydrogen is pretty well suited to solve a lot of problems at once and really be this unifier between renewable energy and our society's energy needs," Ramsey says. "This is a big opportunity for oil and gas companies, but also for electric utilities and renewable developers."
anonymous

E.U. Agrees to Cut Emissions by 2030 in New Climate Deal - The New York Times - 0 views

  • After an all-night negotiating session, European Union leaders agreed on Friday morning to cut net carbon emissions by 55 percent in the next decade from levels measured in 1990
  • European leaders, who are keen to position themselves as at the forefront of the global fight against climate change, had failed in October to reach a deal on an even less ambitious target of 40 percent.
  • “Europe is the leader in the fight against climate change,”
  • ...10 more annotations...
  • The decision on the new target comes just in time for the United Nations climate summit this Saturday
  • Chancellor Angela Merkel of Germany said it was “worth losing a night’s sleep” over the climate deal. “I don’t want to imagine what would have happened if we hadn’t been able to achieve such a result,”
  • the details and language in the agreement were kept vague after many hours of often tense negotiations, leaving it up to the commission to hammer out the specifics.
  • The overnight discussions on climate, which has been declared as one of the European Union’s top priorities, have been obstructed by the familiar divisions between the wealthier Western European countries pushing for more ambitious targets, and a handful of Eastern European states, led by Poland, that depend heavily on coal.
  • In a gesture toward Eastern European governments, the E.U. leaders decided the target has to be reached by the bloc collectively — effectively giving coal-dependent countries more time to transition their energy consumption.
  • Five years after the Paris climate accords first brought together rich and poor countries in a politically binding agreement pledging to stem the rise of global temperatures, the European Commission laid out plans in March for a climate law that would make the bloc carbon neutral by 2050.
  • some climate activists expressed skepticism at the time, saying that it lacked intermediate goals and key details as to how the target would be turned into reality.
  • “European leaders have agreed a new target, with new money, and an outline of what will be needed to deliver,”
  • In the climate talks, Poland and Hungary — along with the Czech Republic and other heavily coal-dependent nations — said it was unfair that they be held to the same standard as other nations whose economies already drew on a wider mix of energy sources.
  • “We have an agreement which on the one hand allows us to realize the E.U. target, and on the other creates conditions for a just transition of the Polish economy and the energy sector,”
Javier E

Green Energy's Future Rests on Red State Buy-In - The Atlantic - 0 views

  • The states that are most deeply integrated into the existing fossil-fuel economy, either as producers or as consumers, tend also to be the places that are most resistant to, and separated from, the major demographic, cultural, and economic changes remaking 21st-century American life.
  • These fossil-fuel-reliant states are nearly all among those moving most aggressively to restrict voting, abortion, and LGBTQ rights; to ban books; and to censor what teachers and college professors can say about race, gender, and sexual orientation
  • Most of them have larger populations of white voters who identify as Christian and rely heavily on blue-collar work in the powerhouse industries of the 20th century: production of energy and other natural resources, manufacturing, and agriculture. Republicans dominate their electoral landscape, both in state and federal offices.
  • ...15 more annotations...
  • This convergence of fossil-fuel dependence, cultural conservatism, and isolation from the most dynamic modern industries captures how comprehensively the two parties are divided by their exposure to, and attitudes about, the changes reshaping America.
  • The irony is that the energy transition may represent the best chance for the states most reliant on fossil fuels to benefit from the new sources of economic growth.
  • Last year Walter co-wrote a detailed study on how a shift away from fossil fuels would affect the states. Replacing fossil fuels with lower-carbon energy sources, she said, will create “a tremendous amount of jobs in Republican states.”
  • The 19 states that top the EIA’s latest rankings—for the most carbon emitted per dollar of economic output in 2018—present a singular profile. They begin with Wyoming, West Virginia, Louisiana, North Dakota, and Alaska at the top of the list and then extend across the South (including Mississippi, Alabama, Arkansas, and Texas), the heartland (including Indiana, Iowa, Kentucky, Missouri, Ohio, Oklahoma, Kansas, and Nebraska), and the Mountain West (Montana, New Mexico)
  • The political leadership in these states has opposed most efforts to accelerate the transition away from fossil fuels to clean energy sources. Fourteen of these states, for instance, have joined in a lawsuit (led by West Virginia) now before the Supreme Court that could undercut the Environmental Protection Agency’s ability to regulate carbon emissions.
  • The Republican senators from these states have also uniformly opposed proposals to limit carbon emissions, such as a clean-electricity standard to phase out carbon-emitting electricity.
  • That resistance underscores the extent to which the energy transition has been woven into the larger struggle over the country’s direction between what I’ve called the Democrats’ “coalition of transformation” and the competing Republican “coalition of restoration.”
  • all Senate Republicans are opposing the Build Back Better Act’s more sweeping incentives, which energy analysts agree could enormously accelerate the development of those sources.
  • Almost all of the states fighting the energy transition are expressing equally intense resistance to social change. In effect, they are fighting the future on both fronts.
  • The core problem for these states, Muro notes, is that most of them tend to lack the well-educated workers who are, in essence, the crucial raw material for not only internet, computing, and communications firms but also advanced manufacturing.
  • the torrent of culturally conservative legislation across the fossil-fuel-reliant states (and GOP-controlled states more broadly) adds another barrier to tech companies pursuing significant expansions in them. “They want to decentralize somewhat, but they are very concerned about how this plays with the people they are trying to hire,” Muro says. Companies, he adds, “need to make sure the talent is not put off” by these restrictive social policies.
  • Devashree Saha, a senior associate at the World Resources Institute, told me most economic models project that, overall, the transition from a fossil-fuel to a clean-energy economy will create more jobs than it destroys in energy-related sectors.
  • The bipartisan infrastructure bill that Biden signed last year included several provisions designed to channel jobs in the clean-energy economy toward places that would be hurt by diminished reliance on fossil fuels, such as coal communities. The now-stalled Build Back Better plan contains further incentives to steer that investment, though those haven’t been sufficient to overcome the opposition from Republicans representing the fossil-fuel states, or Manchin.
  • The most important exception to this pattern is that many congressional Republicans have backed tax credits to encourage deployment of wind and solar power.
  • The loud demands for more domestic oil and gas drilling since Russia invaded Ukraine, and the fierce opposition to any regulation of carbon emissions, show how a low-carbon future has become just another count in the indictment Republicans use to convince their voters that Democrats want to uproot America from its deepest traditions and transform it into something unrecognizable
lucieperloff

Climate Change Became the Largest Part of Biden Spending Bill - The New York Times - 0 views

  • t’s a framework that will create millions of jobs, grow the economy, invest in our nation and our people, turn the climate crisis into an opportunity, and put us on a path not only to compete, but to win the economic competition for the 21st century against China and every other major country in the world
  • Climate has emerged as the single largest category in President Biden’s new framework for a huge spending bill,
  • bill was pared down from $3.5 trillion to $1.85 trillion,
  • ...17 more annotations...
  • But $555 billion in climate programs remained.
  • If enacted, it would be the largest action ever taken by the United States to address climate change.
  • Buyers of electric vehicles would also benefit, receiving up to $12,500 in tax credits — depending on what portion of the vehicle parts were made in America.
  • Scientists say that nations must quickly and deeply cut emissions from burning oil, gas and coal to avert the most harrowing impacts of climate change.
  • a program that would have rewarded power companies that moved from fossil fuels to clean energy, and penalized those that did not.
  • One group of moderate House Democrats even suggested that Democrats not worry about offsetting climate spending with tax increases.
  • At the same time, a new generation of climate activists has been advising the president on his agenda, and warning lawmakers that they risk losing young voters if they do not act.
  • “Folks, we all have that obligation, an obligation to our children and to our grandchildren,” Mr. Biden said.
  • Showing up empty-handed would damage the United States’ credibility on the world stage.
  • That measure withered in the Senate after Democrats could not summon enough votes from their own party to bring the bill to the floor for a vote.
  • “Today, we have every major agricultural group, and food companies, and researchers supporting a climate bill.
  • The past two years have only underscored that case: there were 22 climate disasters that cost at least $1 billion each in the United States in 2020, according to the National Oceanic and Atmospheric Administration.
  • a plan that would have eliminated the country’s greenhouse gas emissions by the end of the decade.
  • As soon as Democrats on Capitol Hill secured a razor-thin majority in early 2020, their leaders began laying the groundwork for a climate plan.
  • Mr. Schumer tasked Democrats on the Senate committees responsible for tax policy to craft climate-related tax legislation that could be bundled into a larger budget bill.
  • they used the software to quickly identify replacement programs that would achieve similar levels of emissions cuts.
  • At the same time, he demanded that the overall bill be slashed, from $3.5 trillion to roughly $1.5 trillion.
Javier E

Ocean Currents in the Atlantic Could Slow by Century's End, Research Shows - The New Yo... - 0 views

  • The last time there was a major slowdown in the mighty network of ocean currents that shapes the climate around the North Atlantic, it seems to have plunged Europe into a deep cold for over a millennium.
  • That was roughly 12,800 years ago, when not many people were around to experience it. But in recent decades, human-driven warming could be causing the currents to slow once more, and scientists have been working to determine whether and when they might undergo another great weakening, which would have ripple effects for weather patterns across a swath of the globe.
  • A pair of researchers in Denmark this week put forth a bold answer: A sharp weakening of the currents, or even a shutdown, could be upon us by century’s end.
  • ...20 more annotations...
  • Climate scientists generally agree that the Atlantic circulation will decline this century, but there’s no consensus on whether it will stall out before 2100.
  • the new findings were reason enough not to regard a shutdown as an abstract, far-off concern. “It’s now,” she said.
  • As humans warm the atmosphere, however, the melting of the Greenland ice sheet is adding large amounts of fresh water to the North Atlantic, which could be disrupting the balance of heat and salinity that keeps the overturning moving. A patch of the Atlantic south of Greenland has cooled conspicuously in recent years, creating a “cold blob” that some scientists see as a sign that the system is slowing.
  • Abrupt thawing of the Arctic permafrost. Loss of the Amazon rain forest. Collapse of the Greenland and West Antarctic ice sheets. Once the world warms past a certain point, these and other events could be set into swift motion, scientists warn, though the exact thresholds at which this would occur are still highly uncertain.
  • In the Atlantic, researchers have been searching for harbingers of tipping-point-like change in a tangle of ocean currents that goes by an unlovely name: the Atlantic Meridional Overturning Circulation, or AMOC (pronounced “AY-mock”).
  • These currents carry warm waters from the tropics through the Gulf Stream, past the southeastern United States, before bending toward northern Europe. When this water releases its heat into the air farther north, it becomes colder and denser, causing it to sink to the deep ocean and move back toward the Equator. This sinking effect, or “overturning,” allows the currents to transfer enormous amounts of heat around the planet, making them hugely influential for the climate around the Atlantic and beyond.
  • adds to a growing body of scientific work that describes how humankind’s continued emissions of heat-trapping gases could set off climate “tipping points,” or rapid and hard-to-reverse changes in the environment.
  • Much of the Northern Hemisphere could cool. The coastlines of North America and Europe could see faster sea-level rise. Northern Europe could experience stormier winters, while the Sahel in Africa and the monsoon regions of Asia would most likely get less rain.
  • Scientists’ uncertainty about the timing of an AMOC collapse shouldn’t be taken as an excuse for not reducing greenhouse-gas emissions to try to avoid it, said Hali Kilbourne, an associate research professor at the University of Maryland Center for Environmental Science.
  • scientists’ most advanced computer models of the global climate have produced a wide range of predictions for how the currents might behave in the coming decades, in part because the mix of factors that shape them is so complex.
  • Dr. Ditlevsen’s new analysis focused on a simple metric, based on sea-surface temperatures, that is similar to ones other scientists have used as proxies for the strength of the Atlantic circulation. She conducted the analysis with Peter Ditlevsen, her brother, who is a climate scientist at the University of Copenhagen’s Niels Bohr Institute. They used data on their proxy measure from 1870 to 2020 to calculate statistical indicators that presage changes in the overturning.
  • “Not only do we see an increase in these indicators,” Peter Ditlevsen said, “but we see an increase which is consistent with this approaching a tipping point.”
  • They then used the mathematical properties of a tipping-point-like system to extrapolate from these trends. That led them to predict that the Atlantic circulation could collapse around midcentury, though it could potentially occur as soon as 2025 and as late as 2095.
  • Their analysis included no specific assumptions about how much greenhouse-gas emissions will rise in this century. It assumed only that the forces bringing about an AMOC collapse would continue at an unchanging pace — essentially, that atmospheric carbon dioxide concentrations would keep rising as they have since the Industrial Revolution.
  • they voiced reservations about some of its methods, and said more work was still needed to nail down the timing with greater certainty.
  • Susan Lozier, a physical oceanographer at Georgia Tech, said sea-surface temperatures in the North Atlantic near Greenland weren’t necessarily influenced by changes in the overturning alone, making them a questionable proxy for inferring those changes. She pointed to a study published last year showing that much of the cold blob’s development could be explained by shifts in wind and atmospheric patterns.
  • Scientists are now using sensors slung across the Atlantic to directly measure the overturning. Dr. Lozier is involved in one of these measurement efforts. The aim is to better understand what’s driving the changes beneath the waves, and to improve projections of future changes.
  • Still, the new study sent an urgent message about the need to keep collecting data on the changing ocean currents,
  • Were the circulation to tip into a much weaker state, the effects on the climate would be far-reaching, though scientists are still examining their potential magnitude.
  • “It is very plausible that we’ve fallen off a cliff already and don’t know it,” Dr. Kilbourne said. “I fear, honestly, that by the time any of this is settled science, it’s way too late to act.”
Javier E

What Does Sustainable Living Look Like? Maybe Like Uruguay - The New York Times - 0 views

  • your carbon bill is world-historically anomalous but normal among your neighbors: 17 tons for transportation, 14 tons for housing, eight tons for food, six tons for services, five tons for goods.
  • That household total, 50 tons, represents a carbon footprint of about 25 tons per person. It’s a figure that eclipses the global median by a factor of five and is nowhere close to where it needs to be if you — we — want to stave off the worst of warming’s effects: around two tons per person.
  • This is the problem with any climate policy, big or small: It requires an imaginative leap. While the math of decarbonization and electric mobilization is clear, the future lifestyle it implies isn’t always
  • ...36 more annotations...
  • This isn’t an American crisis alone. All around the world, developed nations have locked themselves into unsustainable, energy-intensive lifestyles.
  • Among those with the largest footprints are wealthy oil-producing microstates with small populations, like Qatar or Trinidad and Tobago, where the per-capita footprint pushes 60 tons
  • In the next tier, with the United States, are other sprawling, continent-size countries that use a lot of heating or cooling and where people tend to drive long distances, such as Canada and Australia (around 20 tons)
  • By dint of their density and reliance on mass transit, nations in Western Europe (as well as Japan and South Korea) make up most of the next tier, which cleaves roughly into two groups: places like Germany, Norway and the Netherlands that rely more on fossil fuels (around 15 tons),
  • places like the United Kingdom, Denmark and France that use a higher percentage of nuclear and renewable power. Though it’s half the size of an American’s, the footprint of someone in the typical French household still remains unsustainably high: around nine tons.
  • This is the paradox at the heart of climate change: We’ve burned far too many fossil fuels to go on living as we have, but we’ve also never learned to live well without them
  • the problem of the future is how to create a 19th-century carbon footprint without backsliding into a 19th-century standard of living. N
  • The greatest crisis in human history may require imagining ways of living — not just of energy production but of daily habit — that we have never seen before. How do we begin to imagine such a household?
  • With a carbon footprint hovering around the global median of 4.5 tons per capita, it falls within a narrow tier of nearly developed countries within sight of two tons per capita — the estimated amount needed to limit the world to 1.5 degrees Celsius of warming.
  • There are countries more prosperous, and countries with a smaller carbon footprint, but perhaps in none do the overlapping possibilities of living well and living without ruin show as much promise as in Uruguay.
  • Mujica harbored another deeper belief too. For years, he had been arguing that the “blind obsession to achieve growth with consumption” was the real cause of the linked energy and ecological crises.
  • In speeches, he pushed his people to reject materialism and embrace Uruguay’s traditions of simplicity and humility. “The culture of the West is a lie,” he told me. “The engine is accumulation. But we can’t pretend that the whole world can embrace it. We would need two or three more planets.”
  • He shared his own experience in solitary confinement, and how years without books or conversation drew him closer to the fundamentals of being: nature, love, family. “I learned to give value to little things in life. I kept some frogs as pets in prison and bathed them with my drinking water,”
  • “The true revolution is a different culture: learning to live with less waste and more time to enjoy freedom.”
  • By 2016, an array of biomass, solar and some 50 wind parks had replaced the grid’s use of oil, helping slash more than half a billion dollars from the country’s annual budget. Today, Uruguay boasts one of the world’s greenest grids, powered by 98 percent renewable energy.
  • prevailing economic conditions and something in Uruguay’s character had afforded the transition more receptivity than anyone predicted. This was one way in which a career in theoretical physics prepared Méndez for the world of policymaking, he said: “You have to be open to the solutions being very narrow and technical, or very wide and human.”
  • as the energy sector shifted, the mind-set in the country began to shift with it, Méndez said, sometimes in surprising ways. Some bought air-conditioning units, but many kept to their formerly low-consumption habits, continuing to hang their laundry and take the bus, dozens of which in Montevideo were now electric. Others bought plug-in timers to automate their laundries to run at night or installed solar water heaters on their roof
  • for Méndez, the biggest shift was among leaders. In cabinet and business meetings the problems of the future — like how to eliminate industrial waste and phase out gas entirely — began to feel like just that, he said: problems, not crises.
  • there appeared to be fundamental tension in how to bring Uruguayans along in the energy transition. On the one hand, the infrastructure shift needed to happen in the background, so the public never lost confidence in the grid — that part had been surprisingly smooth. But on the other hand, it was important to keep people engaged so they would support the necessary changes to come
  • Emaldi and her colleagues focused their efforts on electrifying transportation and growing the green-energy sector. The government eliminated duties and taxes on electric cars and rebranded a tax on gas as a CO2 tax, with a portion funding green initiatives.
  • “What comes in the near future will change more lives,” Minister Paganini told me. “You have to get into sectors or areas that are much more difficult than just changing the generation of electricity.” You need to change human behavior.
  • fossil fuels gave humanity the ability to choose our food, to transform a rainforest or windblown desert into something fertile and constant, a biotic vending machine from which eaters can select whatever they want whenever they want it. This choice now drives about a third of all global emissions. Most of them stem from the growing process itself — clearing land, fertilizing crops — with the bulk of the rest coming indirectly from the vast web of manufacturing and delivery systems that bring it to us: packaging crackers, refrigerating drumsticks, airlifting avocados.
  • One reason the global cattle industry had become so damaging, Baethgen said, was that too many grasslands had been razed or degraded. In the short term, feedlots produced more food, often with lower emissions, since cows got fatter faster and burped less frequently, but over the long term, without the grasslands to recycle carbon, net emissions built up. From Baethgen’s perspective, every damaged field thus represented a huge opportunity: By restoring grasslands, he could not only pull more greenhouse gases into the ground, but also grow more beef. And since the 1990s, Uruguay has managed a remarkable feat: increasing its annual production of beef without any increase in greenhouse gases — and doing all of this on natural pasturelands.
  • He believed too much climate science relied on big-picture modeling to drive engagement. “Those science-fiction scenarios were great to increase awareness,” he said. “But if you give a minister of agriculture information for the year 2080, that doesn’t do anything.” He waved a hand over the landscape. “You’re providing information, far in the future, with no resolution and no certainty. That’s the best combination to ensure paralysis. Nobody does anything.”
  • In his 2016 book, “The Great Derangement,” the Indian writer Amitav Ghosh says it’s unwise to reduce climate denial to “only a function of money and manipulation.” The sheer level of paralysis, he writes, “suggests that the climate crisis threatens to unravel something deeper, without which large numbers of the people would be at a loss to find meaning.” Ghosh wonders if the modern consumer mind-set can ever change, collectively or otherwise: “In a world where the rewards of a carbon-intensive economy are regarded as wealth, this must be reckoned as a very significant material sacrifice.”
  • Esponda described his family as middle to upper middle class. Both he and Laroca were economists for the city and together made about $30,000 a year. “Everybody in Uruguay is middle class,” he said. I thought I knew what he meant. Unlike in the United States, I found it difficult in Uruguay to discern class differences. Conspicuous displays of wealth seemed rare, as were the tiers of consumer goods that otherwise revealed someone’s spending. “There’s not the American consumerist mentality of ‘We need to get the next new thing,’”
  • On trips to New Orleans and Chicago, he had been transfixed by the selection of junk food in convenience stores, the undamaged furniture left on the street. “You guys throw away your whole home,” he told me. “Here, most of this stuff wouldn’t be trash.”
  • Esponda pointed to his couch, a sagging green camelback. It was given to them by his parents, he said, and barely fit his growing family anymore. But he couldn’t find a reason to replace it, even with a dual income that allowed them to save each month. “Why would I?” he said. It was a mentality apparent throughout the couple’s apartment. In stark contrast to most American homes with two kids, their apartment wasn’t overflowing with toys. Two bikes leaned against the wall by a plastic slide. “Our choices don’t really have anything to do with the environment,” he said. “It’s about saving money, yes, but also being careful with what we buy.”
  • Several people described frugality to me as a core tenet of the Uruguayan political project, though globalization had played a role, too.
  • something a man in the asentamientos said to me: “Nobody has confronted the real problem: How will the country grow?”
  • I thought of a single dad I met in Montevideo who said I shouldn’t think of his country as a model or example. It was too small, its progress too troubled. It was more like a laboratory for the rest of the world, he said.
  • We often picture the future as a kind of growth, a set of possibilities to expand and realize, but maybe it could also be the opposite, a present to reconcile and safeguard.
  • Part of the reason America has become so paralyzed by climate change is precisely that we’ve failed to acknowledge the limits it imposes — on where we can live, the things we can have, the household we can envision. This is a particularly difficult idea to sell to a country perched atop decades of accrued wealth, which was itself amassed by generations imagining further comfort and choice.
  • In the coming months, gas prices spiked, inflation climbed and the price of energy began to strangle Europe. No future seemed as certain as a less abundant one.
  • A former bank analyst at Bear Stearns, Estrada had decided to take a 75 percent pay cut to return home and eventually took a job with a local energy firm. “I read studies about how there’s a diminishing return on happiness above a certain income, and I experienced that,” he told me of living in New York. “I had more money than I had things I wanted to buy.” He said that contracting his life had allowed him to be more mindful of its details. It reminded him of the household his parents ran in the 1980s, when things were so precarious. No one left lights on or wasted water. They were mindful of the things they bought.
  • “We learn to live with less here,” he said. “And it’s made my life better.”
Javier E

Biden's Climate Law Is Ending 40 Years of Hands-off Government - The Atlantic - 0 views

  • It is no exaggeration to say that his signature immediately severed the history of climate change in America into two eras. Before the IRA, climate campaigners spent decades trying and failing to get a climate bill through the Senate. After it, the federal government will spend $374 billion on clean energy and climate resilience over the next 10 years. The bill is estimated to reduce the country’s greenhouse-gas emissions by about 40 percent below their all-time high, getting the country two-thirds of the way to meeting its 2030 goal under the Paris Agreement.
  • Far less attention has been paid to the ideas that animate the IRA.
  • , the IRA makes a particularly interesting and all-encompassing wager—a bet relevant to anyone who plans to buy or sell something in the U.S. in the next decade, or who plans to trade with an American company, or who relies on American military power
  • ...36 more annotations...
  • Every law embodies a particular hypothesis about how the world works, a hope that if you pull on levers A and B, then outcomes C and D will result
  • Democrats hope to create an economy where the government doesn’t just help Americans buy green technologies; it also helps nurture the industries that produce that technology.
  • The idea is this: The era of passive, hands-off government is over. The laws embrace an approach to governing the economy that scholars call “industrial policy,” a catch-all name for a wide array of tools and tactics that all assume the government can help new domestic industries get started, grow, and reach massive scale.
  • If “this country used to make things,” as the saying goes, and if it wants to make things again, then the government needs to help it. And if the country believes that certain industries bestow a strategic advantage, then it needs to protect them against foreign interference.
  • From its founding to the 1970s, the country had an economic doctrine that was defined by its pragmatism and the willingness of its government to find new areas of growth.
  • It’s more like a toolbox of different approaches that act in concert to help push technologies to grow and reach commercial scale. The IRA and the two other new laws prefer four tools in particular.
  • “Yes, there was an ‘invisible hand,’” Stephen Cohen and Brad DeLong write in their history of the topic, Concrete Economics. “But the invisible hand was repeatedly lifted at the elbow by the government, and placed in a new position from where it could go on to perform its magic.”
  • That pragmatism faded in the 1980s, when industrial policy became scorned as one more instance of Big Government coming in to pick so-called winners and losers.
  • The two other large bills passed by this Congress—the $1 trillion bipartisan infrastructure law and the CHIPS and Science Act—make down payments on the future as well; both laws, notably, were passed by bipartisan majorities.
  • it is in the IRA that these general commitments become specific, and therefore transformative.
  • Since the 1980s, when Congress has wanted to spur technological progress, it has usually thrown money exclusively at R&D. We have had a science policy, not an industrial policy
  • inextricable from that turn is Washington’s consuming anxiety over China’s rise—and China has embraced industrial policy.
  • although not a single Republican voted for the IRA, its wager is not especially partisan or even ideological.
  • the demonstration project. A demonstration project helps a technology that has previously existed only in the lab get out in the real world for the first time
  • supply-push policies. As the name suggests, these tools “push” on the supply side of an industry by underwriting new factories or assuring that those factories have access to cheap inputs to make things.
  • demand-pull policies, which create a market for whatever is coming out of those new factories. The government can “pull” on demand by buying those products itself or by subsidizing them for consumers.
  • protective policies, meant to insulate industries—especially new ones that are still growing—from foreign interference
  • Although both parties have moved to embrace industrial policy, Democrats are clearly ahead of their Republican colleagues. You can see it in their policy: While the bipartisan infrastructure law sets up lots of demonstration projects, and the CHIPS Act adopts some supply-push and protectionist theory, only the IRA uses all four tools.
  • In order to stop climate change, experts believe, the United States must do three things: clean up its power grid, replacing coal and gas power plants with zero-carbon sources; electrify everything it can, swapping fossil-fueled vehicles and boilers with electric vehicles and heat pumps; and mop up the rest, mitigating carbon pollution from impossible-to-electrify industrial activities. The IRA aims to nurture every industry needed to realize that vision.
  • Hydrogen and carbon removal are going to benefit from nearly every tool the government has. The bipartisan infrastructure law will spend more than $11 billion on hydrogen and carbon-removal “hubs,” huge demonstration projects
  • These hubs will also foster geographic concentration, the economic idea that when you put lots of people working on the same problem near one another, they solve it faster. You can see such clustering at work in San Francisco’s tech industry, and also in China, which now creates hubs for virtually every activity that it wants to dominate globally—even soccer.
  • Then the IRA will take over and deploy some good ol’ supply push and demand pull. It includes new programs to underwrite new hydrogen factories; on the demand side, a powerful new tax credit will pay companies for every kilogram of low-carbon hydrogen that they produce
  • Another tax credit will boost the demand of carbon removal by paying firms a $180 bounty for trapping a ton of carbon dioxide and pumping it undergroun
  • Today, not only does China make most batteries worldwide; it alone makes the tools that make the batteries, Nathan Iyer, an analyst at RMI, a nonpartisan energy think tank, told me. This extreme geographic concentration—which afflicts not only the battery industry but also the solar-panel industry—could slow down the energy transition and make it more expensive
  • the new tax credit is also supply-minded, arguably even protectionist. Under the new scheme, very few electric cars and trucks will immediately qualify for that full $7,500 subsidy; it will go only toward vehicles whose batteries are primarily made in North America and where a certain percentage of minerals are mined and processed in the U.S. or one of its allies. Will these policies accelerate the shift to EVs? Well, no, not immediately. But the idea is that by boosting domestic production of EVs, batteries will become cheaper and more abundant—and the U.S. will avoid subsidizing one of China’s growth industries.
  • Right now, next to no solar panels are made in the U.S., even though the technology was invented here. The IRA endeavors to change that by—you guessed it—a mix of supply-push, demand-pull, and protectionist policies. Under the law, the government will underwrite new factories to make every subcomponent of the solar supply chain; then it will pay those factories for every item that they produce
  • “It’s realistic that within four to five years, [U.S. solar manufacturers] could completely meet domestic demand for solar,” Scott Moskowitz, the head of public affairs for the solar manufacturer Q CELLS, told me.
  • In each of these industries, you’ll notice that the government isn’t only subsidizing factories; it is actually paying them to operate. That choice, which is central to the IRA’s approach, is “really defending against the mistakes of the 2009 bill,” Iyer told me. In its stimulus bill passed during the Great Recession, the Obama administration tried to do green industrial policy, underwriting new solar-panel factories across the country. But then Chinese firms began exporting cheap solar panels by the millions, saturating domestic demand and leaving those sparkly new factories idle
  • So many other industries will also be touched by these laws. There’s a new program to nurture a low-carbon aviation-fuel industry in the U.S. (Long-distance jet travel is one of those climate problems that nobody knows how to solve yet.)
  • the revelation of the IRA is that decarbonizing the United States may require re-industrializing it. A net-zero America may have more refineries, more factories, and more goods production than a fossil-fueled America—while also having cheaper cars, healthier air, and fewer natural disasters. And once the U.S. gets there, then it can keep going: It can set an example for the world that a populous, affluent country can reduce its emissions while enjoying all the trappings of modernity,
  • There are a slew of policies meant to grow and decarbonize the U.S. industrial sector; every tax credit pays out a bonus if you use U.S.-made steel, cement, or concrete. “You would need thousands and thousands of words to capture the industries that will be transformed by this,” Josh Freed, the climate and energy leader at Third Way, a center-left think tank, told me.
  • Five EVs were sold in China last year for every one EV sold in the United States; that larger domestic market will provide a significant economy of scale when Chinese EV makers begin exporting their cars abroad. For that reason and others, many people in China are “deeply skeptical” that the U.S. can catch up with its lead,
  • We are about to have a huge new set of vested interests who want the economy to be clean and benefit from that. We’ve literally never had that before,” Freed told me.
  • “This is going to change everything,” he said
  • that is the IRA’s biggest idea, its biggest hypothesis: that America can improve its standard of living and preserve its global preeminence while ruthlessly eliminating carbon pollution; that climate change, actually, doesn’t change everything, and that in fact it can be addressed by changing as little as possible.
  • This hypothesis has already proved itself out in one important way, which is that the IRA passed, and the previous 30 years of climate proposals did not. Now comes the real test.
« First ‹ Previous 101 - 120 of 393 Next › Last »
Showing 20 items per page