climate fuels
Category archives for climate fuels
That’s over at P3. But I’ve seen it elsewhere. The idea is that because we’ll need to keep unburnt oil in the ground to hit (or rather, to not hit) a 2 oC commitment, a pile of oil companies are wildly overvalued, leading to… well, who cares what it leads to, because it doesn’t matter.…
All over the world (my path: Timmy -> Torygraph -> google -> Nude scientist -> JOGMEC press release -> JOGMEC) there is excitement about “Japan cracks seabed ‘ice gas’ in dramatic leap for global energy”. Which is indeed interesting, but not quite as dramatic as suggested. Because as the pic of the flare makes clear,…
Or so says Marginal Revolution (via Timmy). I repeat it here to wind up all the people who continually tell me how wonderful fuel efficiency standards are. Prediction: no-one will change their minds. a gas tax provides immediate, direct incentives for drivers to reduce gasoline use, while the efficiency standards must squeeze the reduction out…
There is a nice article by DM at Planet3.0 on the Keystone XL pipeline. I almost didn’t bother read it, ‘cos I’m a bit bored by all that, but I’m glad I did because he gets it quite right in an illuminating way: The anti-keystone movement, or more generally the entire anti-tar-sands movement, is trying…
Or so says Richard Van Noorden, in Nurture. But that’s not right. What hobbles CCS is that its uneconomic: so why would you do it? I’m being a bit unfair: at least according to the article, CCS would be economic at the same subsidy cost as feed-in tariffs for wind and solar. But the great…
I’ve been sniffy about CCS before (its just not economic) but as about the only way to get CO2 out of the atmosphere whilst letting us continue burning fossil fuels in our merry thoughtless way it inevitably appeals to the BAU crowd. David Hone reports on a A CCS project for Canada which is at…
Says the FT: The UN has called for an immediate suspension of government-mandated US ethanol production, adding to pressure on Barack Obama to address the food-versus-fuel debate in the run-up to presidential elections. Most US ethanol is made from corn. The dispute over ethanol promotion pits states such as Iowa that benefit from higher corn…
Well, sort of. Via Timmy I find Will Hutton bemoaning the failure of yet another GW-type summit, Rio-20. We all knew it was going to fail: had I thought there was any question about it, I would have offered to bet heavily on its failure (in fact, so little do I care that I haven’t…
Interesting picture, stolen from Early Warning. In case it isn’t obvious its the price of coal (mostly stable) and gas (much more spiky, but currently below coal) per Mbtu. Refs * The Future of Natural Gas – Rutt Bridges at Climate, Etc.
Or so says reuters and a whole host of others repeating the same story. The source is draft ELECTRICITY GENERATION POLICY STATEMENT from the shouty Scottish government. You won’t be surprised to hear that I don’t believe a word of it (I’ve been pretty sniffy before), but lets read on. Oh, but first, why so…