Showing posts with label subsidies. Show all posts
Showing posts with label subsidies. Show all posts

Wednesday, September 04, 2013

Three missing numbers: climate in the 2013 Australian federal election

"These are the three crucial numbers missing from the climate debate in Australia. Neither major party is likely to mention them. These three bipartisan agreements are fundamentally incompatible with the demands of either justice or prudence, let alone the love for neighbour at the heart of Christian ethics, a tradition from which both Rudd and Abbott claim to draw inspiration."
The ABC Religion and Ethics site has published a piece I wrote for CPX outlining some of the missing numbers in this federal election. Between writing the piece and its being posted, Abbott indicated he is not, after all, committed to even the paltry 0.5% emissions reduction target that he had previously (repeatedly) promised. Also, if I'd wanted to pick five, rather than three, numbers, I would have included these two as well.

• One twelfth: the share of global carbon reserves Australia controls.

• Eighty billion: the number of dollars in the Australian Future Fund, which ought to divest from fossil fuels, given that it is a future fund after all.

Friday, April 13, 2012

The Other Arab Spring, and other stories

Tom Friedman (NYT): The Other Arab Spring: "All these tensions over land, water and food are telling us something: The Arab awakening was driven not only by political and economic stresses, but, less visibly, by environmental, population and climate stresses as well."

SMH: Coal seam gas is no climate saviour. On the contrary, exploiting alternative fossil fuels only increases the total available pool of carbon that can be transferred from safely underground into the atmosphere and oceans. Indeed, the benefits of gas over coal are frequently overstated. Natural gas is a bridge to nowhere, in the absence of major improvements to leaking. Leaks throughout the supply chain mean that, from a climate perspective, natural gas is at best only slight better than coal (and may actually be worse) over a twenty year timeframe, since methane, while relatively short-lived, is far more potent at warming the planet than carbon dioxide. According to another new study, the benefits of even a massive switch from coal to gas would be relatively minor and would not be seen until late this century.

The Conversation: Medium density is the future.

Yahoo: Beyond 2ÂșC. Former UNFCCC chief admits we're not going to hold warming to two degrees, long agreed as an international target. Anyone reading the literature would have known this for some time (we're on track for four degrees. Or more), but that someone with so much invested in the international negotiations to admit this publicly is a big step, largely ignored in the media. H/T Lou.

TAE: The nature of tipping points. Some clarity on a commonly misunderstood and misused phrase. Some of the final comments about CO2 are a little overstated, but it's a useful summary.

The Atlantic: Physiological limits of adapting to warming. A summary of this 2010 PNAS paper by Sherwood and Huber, in which they point out that there are certain climatic conditions above which humans simply cannot survive.

CC: Fascinating new study on the effect of a melting Arctic on northern hemisphere weather. The basic idea is that as the Arctic warms faster than the rest of the globe, the temperature difference between the Arctic and the equator drops, which results in a slowing down of the jet stream, which in turn results in slower-moving weather patterns, which exacerbates extreme weather by making dry or wet, hot or cold spells all longer and so more intense. This is yet another study contributing to the growing body of evidence that the extreme cold UK winters of 2009/10 and 2010/11 may well have been linked to changes in the Arctic. More of these studies are linked in the comments back here.

Bill McKibben: How we subsidise our own destruction. McKibben offers five pieces of simple and straightforward advice on distinguishing good from bad subsidies.

Guardian: Lloyd's of London warns against Arctic drilling. No one really knows how we would clean up an oil spill in the Arctic, which in icy waters would not break down at anything like the pace of the BP Gulf of Mexico disaster. But even if all the oil is safely delivered from under the Arctic to the atmosphere, via a brief sojourn in our cars, it will still spell the end for Arctic ecosystems. And much else besides.

Thursday, September 23, 2010

This is what balancing the US budget without raising taxes would look like

The US has a huge budget deficit (about US$255 billion). This is (more) understandable during a recession, but has been growing in size for the last ten years during the boom years, and is a serious threat to US economic (and political) health. Either taxes need to rise or spending to fall, or (most likely) both. For those who go into anaphylactic shock over tax increases, the Centre for American Progress has put out an interesting report that shows how the budget could be balanced without raising taxes. However, it is not a pretty sight. Cuts include: three quarters of agricultural subsidies; ninety-five billion from defence (including significant reductions for operations in Iraq and Afghanistan and reductions in standing nuclear capacity; in all almost a 15% reduction); reductions to social security payments; no new highways; subsidies for fossil fuel and nuclear research reduced by 90%; significant reductions to international aid, correctional services, customs and border enforcement, health research, NASA, National Parks, FEMA, agricultural research, EPA and much, much more.

The report conclusion is worth posting:
"Well, that was miserable.

"Perhaps there were moments of joy for you when some particular cut struck a chord, or dealt with a long-disliked program. Maybe you’re a pacifist and reducing the number of men and women in arms and cutting down weapon systems is deeply satisfying. Or perhaps you think that highways ought to be paid for by local governments that put tolls on them or that we spend too much on health research.

"But it’s evident that cuts of the scope and magnitude we have laid out really will do harm to the country, especially for the plans that cut the most. They are cuts that we’ll end up paying for one way or another. We may pay for them in delays at the airport or in the emergence of a new disease without a cure. It may cost us in traffic jams and rough roads or in unsafe food. It may mean lower economic growth as the infrastructure crumbles, education suffers, and investments in research and the technologies of the future languish. Or our armed services may be late-arriving at an international hotspot. Whatever the consequences, and you can go through the list and imagine them, there will be some. And as bad as the consequences might be from what we’ve outlined here, the consequences from the alternatives we considered were, in our view, worse.

"But these are, in fact, the kinds of choices we’re going to have to make. Are we
going to cut or are we going to raise taxes? What cuts? What taxes?"
They challenge anyone who disagrees with what they suggest cutting to come up with equally detailed suggestions. The point is, even the rosiest expectations about growth over the next few years still leaves the US in deep financial trouble. It could well be much worse. It's all very well criticising big government, but if you want it to shrink, you have to be willing to point out precisely where.
H/T Joe.

Monday, September 20, 2010

Maxing out the credit card

I will return to yesterday's quote soon, though I note with interest the discussion about whether "urgency" is a theological category.

In the meantime, here are two interesting pieces by SMH economist Ross Gittins. The first from a few months ago, argues that "we have been paying off our economic credit card by racking up debt on our environmental credit card", an idea not unrelated to the idea of an ecological credit crunch. The second article, from a few days ago, is about the shortsightedness of government subsidies for middle class status symbols.

Monday, April 28, 2008

I support McCain

...at least on how silly ethanol subsidies are. However, unlike McCain, I think the whole industry makes little sense. Turning food into fuel seems crazy, not least because almost as much oil-energy is used in the production of ethanol as is gained from the result. And so, by using one-quarter of its corn crop for biofuel last year, the US cut oil consumption by 1%. At the same time, they helped push up global food prices and delay investment in more rational forms of alternative energy.

Perhaps this is one of the biggest differences between Obama (who supports subsidies) and Santos (who didn't).* Oh, apart from the fact that Santos was a fictional character.

Since my (non)-vote in the US presidential election is going to be crucial to the outcome, I thought it was important to share that.
H/T Rev Sam for the image.

*UPDATE: Oops, my memory of West Wing series 6, episode 13: "King corn" was inverted. All three candidates knew how crazy ethanol subsidies are. Santos, the charismatic Democrat from a racial minority (his character was based on Obama years before Obama was a presidential nominee), caves in to pressure to pander to the Iowa corn lobby. Only Vinick, the spry Republican contender, actually makes a stand against it, despite the advice of his staff that it will be politically suicidal.

Wednesday, September 26, 2007

Climate Clever-er

Apologies for the slight pause, and for the fact that this will be another Australian-specific post.
The Australian government has, until recently, been run by long-term climate change sceptics. But now, trailing in the polls and with a very concerned electorate, suddenly the (energy-efficient) lightbulb has switched on. Instead of major policy change, we have a $23 million ad campaign selling us the government's credentials and telling us to "be climate clever" by taking simple actions to reduce our domestic energy use, like switching off computers at the wall, using a clothesline rather than the dryer or buying more efficient appliances.

I don't buy it. Personal action is important, but so is policy with teeth. Why don't the big polluters have to pay for their environmental impact? Why do we still not have legislated emissions reduction targets?* Or concrete targets and genuine incentives for renewable energy? By trying to position itself as the sensible middle way between sceptics and 'doomsayers', the government seems to be doing the minimum necessary to give the impression that it cares about this issue without actually doing much. This quote put some things in perspective for me:

...voluntary action is great - but it is not sufficient. When we wanted to stop asbestos being used we just banned it – we didn’t ask people to voluntarily seek alternatives while continuing to subsidise asbestos producers. It’s far simpler to ban new coal fired power stations than it is to convince 20 million people to voluntarily buy green power. It’s easier and cheaper to simply legislate for high energy efficiency standards than it is to voluntarily change 50 million lightbulbs – one at a time. In the final analysis, it doesn’t matter how many energy efficient lightbulbs you install if the Government continues to approve new coal fired power stations and coal mines. It doesn’t matter how good you are at turning off your computer if our Government continues to undermine global action on climate change and the Kyoto protocol.

- Greenpeace Australia blog

And for those with a sense of humour, make sure you check out this clever spoof of the government's ad (for comparison, here is the original ad):
*The lack of specific short-term targets from the opposition doesn't make them much better on this score.
Five points for naming the potential victim of climate change pictured above.