Global environmental challenges
At issue is the decision by American Electric Power to put its plans for carbon capture and storage on hold, due to the weak economy and the lack of a U.S. plan to limit emissions of climate-warming carbon dioxide. Read the Reuters story about it here.
Carbon capture and storage, or CCS for short, has been promoted as a way to make electricity from domestic coal without unduly raising the level of carbon in the atmosphere. Instead of sending the carbon dioxide that results from burning coal up a smokestack and into the air, the plan was to bury it underground. But that costs money and requires regulatory guarantees, and neither are imminent in the United States. Legislation to curb greenhouse gas emissions bogged down on Capitol Hill a year ago and has not been re-introduced.
Sarah Forbes of World Resources Institute called AEP’s decision “a surprise, but not a shock.”
If you took all the cows in the United States and figured out how much greenhouse gas they emit, would you be able to sue all the farmers who own them?
That interesting legal question came from Justice Antonin Scalia during Supreme Court oral arguments about whether an environmental case against five big U.S. power companies can go forward.
Climate doesn’t change by magic.
Just ask Mark Serreze, director of the U.S. National Snow and Ice Data Center in Colorado. On a conference call with other scientists and reporters, Serreze and others linked climate change to the last two harsh winters over much of the United States and Europe. And they squarely blamed human-caused greenhouse gas emissions for the rise in world temperatures that got the process going.
“Climate doesn’t change all by itself,” Serreze said. “It’s not like the Harry Potter theory of climate, where he flicks his magic wand and the climate suddenly changes. Climate only changes for a reason.”
from Tales from the Trail:
When Barack Obama heads for India next month, he'll be carrying a heavy policy agenda -- questions over the handling of nuclear material, the outsourcing of U.S. jobs and India's status as a growing economic power, along with regional relations with Pakistan and Afghanistan. But Rajendra Pachauri, the Nobel Peace laureate who heads the U.N. Intergovernmental Panel on Climate Change, hopes the U.S. president has time to focus on clean energy too.
Even as Pachauri and the U.N. panel evolve -- and as Pachauri himself weathers pressure from some quarters to resign -- he urged Obama to work on U.S.-India projects that he said would enhance global energy security.
from Commodity Corner:
A U.N. concession to delegates at this week's climate talks in Bonn to take off jackets and ties due to recent high temperatures may be going to some participants' heads.
Breaking the back of negotiations for a new climate pact after the Kyoto Protocol expires in 2012 is proving hard work even though the talks' chair hopes to have a new negotiating text on the table by the end of the week.
Pearl Jam reckons that 380,000 fans last year drove an average 23.6 mile round trip to the rock band’s concerts.
And two fans travelled in each car, which had an average fuel consumption of 21.9 miles per gallon — roughly what the U.S. government would expect from a Pontiac G6 or perhaps an Audi TT Roadster in a city.
from The Great Debate:
-- John Kemp is a Reuters columnist. The views expressed are his own --
How much are U.S. households prepared to pay to avert the threat of climate change? According to the latest polling data published by the Washington Post, the answer is not very much, probably not much more than $25 per month or $300 per year.
Most respondents (65 percent) believe the federal government should regulate greenhouse gases from sources like power plants, cars and factories, including those who believe this strongly (50 percent) or somewhat (15 percent). Only a minority think the government should not regulate them (29 percent).
from The Great Debate UK:
Ahead of a U.N. summit in Copenhagen next month, scepticism is growing that an agreement will be reached on a global climate treaty to replace the Kyoto Protocol, due to expire in 2012.
The protocol set targets aimed at reducing greenhouse gas emissions, which are believed to be responsible for the gradual rise in the Earth's average temperature. Many scientists say that reducing carbon dioxide emissions is key to preventing climate change.
Two German ships set off on Friday on the first commercial journey from Asia to western Europe via the Arctic through the fabled Northeast Passage – a trip made possible by climate change. Niels Stolberg, president and CEO of Bremen-based Beluga Shipping, said the Northern Sea Route will cut thousands of nautical miles off the ships’ journey from South Korea to the Netherlands, reducing fuel consumption and emissions of greenhouse gas. I had the chance to ask Stolberg a few questions about the Arctic expedition:
Question: What’s the status of the voyage?
Stolberg: MV “Beluga Fraternity” and the MV “Beluga Foresight” have just started to sail from Vladivostok (on Friday) with the destination Novyy Port at the river Ob.
Who was president when U.S. greenhouse gas emissions rose most sharply since 1990, the U.N. benchmark year for action to fight climate change?
– George W. Bush (2001-2007)
– Bill Clinton (1993-2000)
– George H.W. Bush (1990-1992)
(I’m giving presidents responsibility for the full calendar year of their inauguration in January; official U.S. data are only available until 2007)
Answer — Bill Clinton (by a long way).
Many people might have thought the worst scorecard was by George W. Bush, who gave up plans to implement the 1997 Kyoto Protocol for cutting greenhouse gas emissions, signed by the Clinton administration but never submitted to a hostile Senate for ratification.