Could putting a price on nature lead to better cost-effective tracking of the impacts of global climate change? Pavan Sukhdev, a banker working with the United Nations Environment Program, says yes. Touching on the classic “Tragedy of the Commons,” Sukhdev argues that treating nature as any other market place good makes it easier to quantify and measure using cost-benefit analysis. “We cannot continue our stewardship of this planet if we keep looking at public benefits and public wealth as somehow subordinate to private wealth,” said Mr. Sukhdev. He goes on to comment that in the long run, taking action against the impacts of climate change now is much cheaper than acting later. In other words, saving what already exists today, for example biodiversity, is much more valuable than allowing it to go extinct. According to Mr. Sukhdev, his study could influence the creation of a cap-and-trade like system that might include trading water rights, forest credits, and biodiversity credits.
Category Archives: Politics & Policy
More than 4 out of 5 economists agree…
…the United States should act to curb emissions.
“Many observers look at economists as skeptics of the need for (climate) mitigation,” says economist Gary Yohe of Wesleyan University in Middletown, Conn. But “most accept the unquestionable consensus from the natural scientist that the planet is warming and humans are to blame.” —Dan Vergano, USA Today
Gore to bring Climate Challenge to Cambridge
Nobel Prize winner and former Vice President Al Gore has published a new book Our Choice: A Plan to Solve the Climate Crisis. Newsweek sets out a review of the book interspersed with quotes from Gore including his assertion that, “laying out the facts is not enough”. Mr. Gore sees a future where an international climate bill is passed this year and the world finds out that changes in energy use were not only inexpensive but profitable. It is unclear if his vision of an international climate treaty being passed this year will come to fruition, as many leaders now see decisions not being made until 2010.
Al Gore is of course not without controversy, with his home in Tennessee consuming more than 20 times the amount of energy of a typical home, even with compact fluorescent light bulbs and energy efficient measures. Never the less, Al Gore has played a crucial role in bringing climate change into the public’s awareness with his groundbreaking Inconvenient Truth.
Local residents will have an opportunity to hear Al Gore speak at the First Parish Church this Saturday, November 7.
Does inaction speak louder than words?
After months of inaction by Congress, the Senate has finally decided to twiddle its thumbs some more. Note that the comic was actually published last Friday. Lest you think Stein is a modern day Nostradamus, it’s not that surprising given our nation’s poor record on global warming… but terribly disappointing nonetheless. Continue reading
Cambridge residents cut carbon as part of International Day of Climate Action
On October 24th, volunteers worked with the Home Energy Efficiency Team (HEET) and the Cambridge Energy Alliance to weatherize Cambridge buildings and provide efficient light bulbs and resources to Area 4 residents as part of the International Day of Climate Action. This local grassroots effort was part of 4,000 world-wide groups that demonstrated their commitment to fighting climate change by rallying in big cities and engaging in creative community actions. The International Day of Climate Action is called on world leaders to commit to bringing carbon emissions down from its current 387ppm to a safe level of 350 or less.
Over seventy volunteers came together to weatherize both the Women’s Center and the Wendell Street coop through air sealing improvements to the windows, doors, and gaps in the basement, plus other efficiency measures like installing compact fluorescent light bulbs. The communities of Reading, Boston, Waltham, Arlington, and Maynard will continue the spirit of the International Day of Action with weatherization barnraisings scheduled for the next 30 days. The buildings included homes for mentally disabled adults and a church.
The HEET team also collaborated with the Cambridge Energy Alliance to help Area 4 residents save energy and cut carbon by exchanging incandescent light bulbs for compact fluorescents. The light bulb exchange was a huge success; saving Area 4 residents over 29,000 pounds of carbon per year by replacing 346 incandescent light bulbs. In addition, the Cambridge Energy Alliance completed its fall canvass in other Cambridge neighborhoods that day by exchanging 579 cfl lightbulbs, saving an additional 341,378 lbs of carbon. These outreach activities also provided energy effiency resources to help families start saving money, plus connect them to energy effiency programs for their homes or businesses.
Many of the Cambridge volunteers ended the day by joining the Boston 350 Under Water Festival. Hundreds of citizens gathered en masse in downtown Boston’s Christopher Columbus Park and engaged in positive attention-getting and imagination-catching activities. The Boston 350 event used the iconic image of sea level rise to draw attention to the threat of global climate change.
The International Day of Action reflected the famed mantra “Think global and act local”! There are a number of ways to get involved in sustainability, energy, and climate activities which can be found on the Cambridge Energy Alliance calendar. To get involved in the Home Energy Efficency barnraising events visit there website at heetma.com/.
A Polarized Battle
There is a battle raging in Alaska: State government vs. the polar bear. Or, to put it more bluntly: resource development vs. environmental conservation. While this battle is nothing new to Alaska, especially given the impending threats of climate change on regional wilderness, which includes the polar bear’s natural habitat. A recent comment by Governor Sean Parnell made it clear that Alaska puts politics first and polar bears last.
In fact, Parnell charged that the federalFish and Wildlife Service acted illegally when it listed the polar bear as threatened based on future population and climate predictions. He also vowed to keep fighting the 2008 listing of the polar bear under the Endangered Species Act. Referring to a recent recommendation by federal managers which advised designating upwards of 200,000 square miles of land and sea-ice as critical habitat for the species, “Currently, some are attempting to improperly use the Endangered Species Act to shut down resource development, and I’m not going to let this happen on my watch,” Mr. Parnell said.
All this debate comes soon after a “green light” was given to Royal Dutch Shell to drill for oil and gas in the Beaufort Sea, off of Alaska’s Arctic coast. The October 19th decision by the Minerals Management Service clears one of the final technical hurdles for the company to drill two wells on two offshore lease areas. Exploratory drilling will commence between July and October 2010, when the sea-ice melts.
As a major domestic source of oil in the United States, Alaska remains in a tug of war between political power struggles, growing oil demand, and environmentalism. Sadly, the polar bear sits in the crossfire. Reliant on arctic ice to migrate upwards of 3,000 miles a year, the polar bear’s basic survival does indeed directly depend on the climate more than many of us realize. In addition, many native villagers rely on these sensitive climate shifts for hunting and settlement. Developers however see money to be made when ice melts, allowing cargo ships to sail further and faster, and oil and gas exploration to be done with increased ease. If a truce can’t be called in a timely fashion, and if federal climate legislation continues to stall in Congress, the polar bear, and all it represents, will face extinction. Is this worth the price of oil?
A little light reading
As it it begins to cool down, again, this week its the perfect weather for curling up with a good book, or white paper, or two. Here are a few recent publications to get lost in:
“Perspectives on Energy Policy” from Sandia National Labs is an overview of what we should do as a nation to overcome the fact that we’ve not been doing much of anything. Continue reading
President Obama at MIT this Friday!
President Obama will be speaking in Cambridge at MIT in Kresge Auditorium this Friday. While attendance is by invitation only, MIT will have a live webcast available to the public. The president will deliver the address in Kresge Auditorium on clean energy and will be joined by Massachusetts Governor Deval Patrick.
President Barak Obama has been an advocate of clean energy solutions to the climate change challenge, calling for the US to, “make the investments that would allow us to become the world’s leading exporter of renewable energy”. The White House website has an Energy & Environment page dedicated to the accomplishments they have achieved up to date including efficiency investments in the American Recovery and Investment Act and increasing fuel efficiency standards. These have been great steps forward in moving us towards a clean energy future, but much more needs to be done to address the climate change crisis.
While Copenhagen is only a couple of months away, it is unclear if President Obama will attend this pivotal meeting. Todd Stern, US Special Envoy for Climate Change, said that President Obama would go to Copenhagen only if sufficient progress was being made in the negotiations. During a United Nations speech Obama expressed his concern for having developing nations commit to carbon emission reductions as well.
“Yes, the developed nations that caused much of the damage to our climate over the last century still have a responsibility to lead, and that includes the United States. And we will continue to do so — by investing in renewable energy, promoting greater efficiency, and slashing our emissions to reach the targets we set for 2020 and our long-term goal for 2050,” Obama said. “But those rapidly-growing developing nations that will produce nearly all the growth in global carbon emissions in the decades ahead must do their part as well.
While most of us will not have the opportunity to meet with the President this Friday, we can view the live (or archived) web-cast and get informed on the clean energy solutions for our nation. In addition, this Saturday over 4,000 community action events are happening across the globe as part of the International Day of Climate Action. You can get involved by finding an event happening in your community or organize one yourself. This is an excellent opportunity to send a collective message to our national leaders that there is no time to wait!
Green investments not so rosy? Not so fast.
A few months ago, we noted that T. Boone Pickens announced he would be scaling back his plans for renewable energy. Fortunately, the renewable energy sector continues to draw interest from major investors. Last week George Soros announced plans to invest $1_000 million in renewable energy, as well as create a $100 million group to monitor the sector and furnish policy advice over the next ten years.
Leading by Example
Even though we face an increasingly steep uphill battle on the way to Copenhagen, there have been some rays of hope buried amongst recent headlines. For instance, yesterday, the administration initiated efforts to reduce energy use by the nation’s largest consumer: the federal government.
In a similar vein, two weeks ago, the G20 (the ever-expanding group of finance ministers formerly known as the G8, G7, and “The Group of Six“) vowed to phase out fossil fuel subsidies .