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 <title>Carbon | ukwatch.net</title>
 <link>http://www.ukwatch.net/tags/carbon</link>
 <description>Recent articles by watch area on ukwatch.net</description>
 <language>en</language>
<item>
 <title>E.ON&#039;s defences breached following Olympic efforts by protesters</title>
 <link>http://www.ukwatch.net/node/6302</link>
 <description>&lt;p&gt;The main marquee is buzzing with sporadic cheers at the feedback meet-up from the day of action. Celebrations are certainly the order of the day as protesters succeeded in breaching the perimeter fence and inner 10,000 volt electric fence to enter the power station site despite the best efforts of 26 police forces with over 1,500 police.&lt;/p&gt;
&lt;p&gt;The day started early with a flotilla of boats – the Blue group &amp;#8211; sailing towards Kingsnorth in the sun. Over twenty crafts made their way up the Medway to converge on the coal loading jetty. Three people occupied the ledge above the power station&amp;#8217;s water inlet tunnel while a banner proclaiming &amp;#8216;CO2AL: Starter Gun for Climate Chaos&amp;#8217; was hung from Darnet Fort on an island in the Medway directly opposite the power station.&lt;/p&gt;
&lt;p&gt;Kent Police are on form as ever with the lies &amp;#8211; claiming that they had to rescue rafters from the Medway. Rafters told quite a different story saying that at no point were they in any danger. “Its a bit cheeky for the police to say that we had to be rescued when for starters we weren&amp;#8217;t in any danger, and secondly, they were the ones who had confiscated our safety boat this morning,” said Rebel Rafter Harold Cryer. Interestingly the river police were super professional and courteous, as were the sea-king helicopter search and rescue folks. Pity the land-based cops weren&amp;#8217;t more similar.&lt;/p&gt;
&lt;p&gt;Talking of unprofessional behaviour, news came in that the number of complaints against Kent police were so many that the Kent Police Professional Standards Authority were out today (yep, a Saturday too), to keep tabs on the police. Talk of the camp is that this year we must fight the police&amp;#8217;s unlawful conduct over the coming months, much in the same way that last year we fought sections of the media for their less-than-fair coverage (coverage has been noticeably more accurate this year). So do keep in touch with the camp legal team if you were mis-treated.&lt;/p&gt;
&lt;p&gt;Ok, back to the day of action: around 1,000 people from the Orange group headed from the Camp directly to the main gates at Kingsnorth, led by a colourful carnival dragon made by children during the camp. At the gates the Camp&amp;#8217;s Christian Cafe crew held a service giving the power station its last rites. The group sat outside the main entrance for an hour, some longer, even after a police helicopter circling above had demanded through a loud-hailer that the marchers disperse, threatening them with &amp;#8216;horses and dogs&amp;#8217; if they didn&amp;#8217;t. Another surreally big-brother moment, and a classic example of the police &amp;#8216;facilitating lawful protest&amp;#8217;, as their mantra says.&lt;/p&gt;
&lt;p&gt;The few hundred strong Green group made it to the perimeter fence of the power station. Some used a section of fencing to make a ladder to breach both the outer and the inner electric fence. Others climbed a nearby pylon to hang a banner reading &amp;#8216;Shut Down Kingsnorth&amp;#8217;(1).&lt;/p&gt;
&lt;p&gt;Spokeswoman Emily Davies said in a press release this afternon, “It shows how serious we are about stopping climate change that people from all walks of life were prepared, despite blatantly intimidatory policing, to take direct action to disrupt E.ON. This Olympic effort certainly deserves a gold medal.” Which nicely sums it up!&lt;/p&gt;
&lt;p&gt;Campers have been signing pledges to return to Kingsnorth if Minister for Business John Hutton gives E.ON the go-ahead to build the first coal-fired power station in the UK for 30 years. The promise is to take action against E.ON and other companies until they abandon all such plans.&lt;/p&gt;
&lt;p&gt;More from the camps press release: “It&amp;#8217;s been a great today, but a real victory for us will be when we have conclusively scuppered E.ON&amp;#8217;s coal-fuelled mania. If Hutton gives the green light to this power plant, E.ON can expect to be seeing a lot more of us in the future,” said Ewa Steckel, who has signed one of the pledges to stop the plant.&lt;/p&gt;
&lt;p&gt;Outside the camp, and more bizarrely than taking a home-made raft down the Medway, Malcolm Wicks, Energy Minister stated yesterday that we need Kingsnorth to counter catastrophic climate change!&lt;/p&gt;
&lt;p&gt;Campers reacted furiously, “Malcolm Wicks&amp;#8217; claim that building an unabated coal-fired power station at Kingsnorth is necessary to save us from climate change shows him to be delusional and dangerously scientifically illiterate. ” said camper Ania Kemp.&lt;/p&gt;


</description>
 <comments>http://www.ukwatch.net/node/6302#comments</comments>
 <category domain="http://www.ukwatch.net/watch_area/activism">Activism</category>
 <category domain="http://www.ukwatch.net/tags/carbon">Carbon</category>
 <category domain="http://www.ukwatch.net/taxonomy/term/3135">climate camp</category>
 <category domain="http://www.ukwatch.net/tags/climate_change">climate change</category>
 <category domain="http://www.ukwatch.net/tags/coal">coal</category>
 <category domain="http://www.ukwatch.net/taxonomy/term/3134">Kingsnorth</category>
 <category domain="http://www.ukwatch.net/taxonomy/term/3136">Climate Camp</category>
 <pubDate>Sun, 10 Aug 2008 20:58:21 +0000</pubDate>
 <dc:creator>tim</dc:creator>
 <guid isPermaLink="false">6302 at http://www.ukwatch.net</guid>
</item>
<item>
 <title>Caroline Lucas at Climate Camp</title>
 <link>http://www.ukwatch.net/node/6269</link>
 <description>&lt;p&gt;South East &lt;span class=&quot;caps&quot;&gt;MEP&lt;/span&gt; and Green activist Dr Caroline Lucas will be joining protesters at Climate Camp 2008 this weekend at Kingsnorth in Kent to rally against the Government’s continued commitment to unsustainable fossil fuels and its failure to adapt to tough environmental and economic conditions.&lt;/p&gt;
&lt;p&gt;Speaking ahead of the Camp, which was held last year at Heathrow and attracted in excess of 1500 people, Dr Lucas said:&lt;/p&gt;
&lt;p&gt;“I am delighted to be taking part in Climate Camp this year, and where better to highlight the Government’s failure to provide leadership on climate change than Kingsnorth, the proposed location for the first coal fired power station in Britain for 30 years.&lt;/p&gt;
&lt;p&gt;“A new coal facility at Kingsnorth would emit up to 8 million tonnes of CO2 into the atmosphere each year – and potentially keep doing so for 50 years. That annual emissions figure is as much C02 as the world’s 24 lowest emitting countries combined.&lt;/p&gt;
&lt;p&gt;“Despite all its climate rhetoric, greenhouse gas emissions have risen under this Labour adminstration. Any government which commits to more coal fired power stations – and Kingsnorth is only the start – then claims to be aiming for a massive reduction in carbon emissions by 2020 is quite simply living in a fantasy land.”&lt;/p&gt;
&lt;p&gt;On Sunday (3 August), Dr Lucas will take part in a rally on incineration and climate change. Then on Monday (4 August), she will address fellow Climate Campers on the triple crisis of food price rises, economic downturn and climate change facing governments the world over, and what lies ahead for conventional capitalist economics.&lt;/p&gt;
&lt;p&gt;She continued: “Our political leaders seem unable to grasp a more radical social and environmental agenda. They can no longer commit to endless free market economic growth, which has played a huge part in the rapid generation of damaging climate emissions, and then wring their hands about climate change.&lt;/p&gt;
&lt;p&gt;“The Government should be showing real leadership in this debate, with measures to tackle rising energy costs and fuel poverty, as well as initiating major investment in energy efficiency, renewables and decentralised energy. According to its own figures, we could achieve a 30% reduction in energy use in the UK through existing efficiency measures alone.&lt;/p&gt;
&lt;p&gt;“Instead, ministers stick with their business-as-usual approach, further enabling the fossil fuel industry to profit and pollute, while paying scant regard to the average citizen or the environment.”&lt;/p&gt;


</description>
 <comments>http://www.ukwatch.net/node/6269#comments</comments>
 <category domain="http://www.ukwatch.net/watch_area/ecology/science">Ecology/Science</category>
 <category domain="http://www.ukwatch.net/tags/carbon">Carbon</category>
 <category domain="http://www.ukwatch.net/taxonomy/term/3135">climate camp</category>
 <category domain="http://www.ukwatch.net/tags/climate_change">climate change</category>
 <category domain="http://www.ukwatch.net/tags/coal">coal</category>
 <category domain="http://www.ukwatch.net/tags/environment">environment</category>
 <category domain="http://www.ukwatch.net/taxonomy/term/3134">Kingsnorth</category>
 <category domain="http://www.ukwatch.net/tags/pollution">Pollution</category>
 <category domain="http://www.ukwatch.net/author/caroline_lucas">Caroline Lucas</category>
 <pubDate>Sat, 02 Aug 2008 11:56:43 +0000</pubDate>
 <dc:creator>tim</dc:creator>
 <guid isPermaLink="false">6269 at http://www.ukwatch.net</guid>
</item>
<item>
 <title>Leave it in the ground!</title>
 <link>http://www.ukwatch.net/article/leave_it_in_the_ground</link>
 <description>&lt;p&gt;A new open cast coal mine site is about to get under way in beautiful Derbyshire unless we stop it. Lodge House site which is east of the village of Smalley and spans either side of Bell Lane, is one of seven new sites that UK Coal is to open cast. &lt;/p&gt;
&lt;p&gt;The area is about to be devastated. Despite objections from local councils, residents and local environmental groups the Secretary of State granted planning permission in 2007. The 122 hectare site will have one million tonnes of coal ripped out over 5 years and UK Coal claims that it will be returned back to its natural state afterwards.&lt;/p&gt;
&lt;p&gt;However residents fear there may be more to the plot, as they were excluded from parts of the planning meeting under grounds of commercial confidentiality. According to campaigners UK Coal are one of those companies that looks to maximise their profits by raping the land and profiting from it any way they can. After coal extraction, they often turn the area into business parks, housing and industrial estates. According to their website in some cases they return it to farmland and charge the farmers rent or in low grade land grow energy crops. They are apparently even into wind power, but have yet to erect a single turbine.&lt;/p&gt;
&lt;p&gt;Coal is not clean energy and is a major contributor to climate change. With the new onslaught of proposed power stations, UK Coal are looking to cash in on climate devastation and destruction unless we stop them.&lt;/p&gt;
&lt;p&gt;The area is rich with wildlife and backs onto Shipley County Park. Some houses, (the sort of place you dream of living in) have been shuttered up and items like toys, dog kennels and other personal bits remain looking like something from a hurried evacuation from a war zone. UK Coal has stated that the site will be returned to farm land, but they are able to expand beyond the 122 hectares without needing further planning permission.&lt;/p&gt;
&lt;p&gt;&lt;a href=&quot;http://www.leaveitintheground.org.uk&quot; title=&quot;www.leaveitintheground.org.uk&quot;&gt;www.leaveitintheground.org.uk&lt;/a&gt;&lt;/p&gt;


</description>
 <comments>http://www.ukwatch.net/article/leave_it_in_the_ground#comments</comments>
 <category domain="http://www.ukwatch.net/watch_area/ecology/science">Ecology/Science</category>
 <category domain="http://www.ukwatch.net/tags/carbon">Carbon</category>
 <category domain="http://www.ukwatch.net/tags/climate_change">climate change</category>
 <category domain="http://www.ukwatch.net/tags/coal">coal</category>
 <category domain="http://www.ukwatch.net/tags/environment">environment</category>
 <category domain="http://www.ukwatch.net/tags/greenhouse_gas">Greenhouse gas</category>
 <category domain="http://www.ukwatch.net/tags/mine">Mine</category>
 <category domain="http://www.ukwatch.net/tags/pollution">Pollution</category>
 <category domain="http://www.ukwatch.net/author/earth_first">Earth First</category>
 <pubDate>Wed, 30 Jul 2008 14:30:44 +0000</pubDate>
 <dc:creator>tim</dc:creator>
 <guid isPermaLink="false">6248 at http://www.ukwatch.net</guid>
</item>
<item>
 <title>The Price of Carbon: What should it be and why?</title>
 <link>http://www.ukwatch.net/article/the_price_of_carbon_what_should_it_be_and_why</link>
 <description>&lt;p&gt;&lt;b&gt;Introduction&lt;/b&gt;&lt;/p&gt;
&lt;p&gt;The back‐drop to this seminar was the Government’s Climate Change Bill, currently being debated in Parliament, which will set a series of carbon budgets for the UK economy up to 2050. The Committee on Climate Change is advising the Government on what these budgets should be, and will report by the end of 2008.&lt;/p&gt;
&lt;p&gt;These carbon budgets are likely to be a challenge for the UK, and require the use of both new policies and strengthened existing policies. Carbon pricing has been identified, by the Stern Review amongst many others, as a critical policy tool for achieving carbon reductions, so how carbon pricing is implemented or revised will have a crucial effect on whether the UK meets these new carbon budgets.&lt;/p&gt;
&lt;p&gt;Carbon pricing of course takes many forms – for example market prices per tonne of carbon in the traded sectors in the EU Emissions Trading Scheme, prices applied by Governments via taxation, or “shadow” prices applied by Governments in policy and project appraisal, to determine the relative weight to attach to carbon compared with other positive and negative impacts of potential policies.&lt;/p&gt;
&lt;p&gt;This seminar focused on the latter point – what approach should be used towards carbon pricing in policy and project appraisal. Which approach is used has significant impacts – it affects the determination of whether big infrastructure projects have positive or negative net benefits, it affects the decision as to what is, say, the “optimal” level of energy efficiency or renewable electricity to adopt in new buildings. Getting this approach right will be a fundamental part of a successful carbon budget strategy.&lt;/p&gt;
&lt;p&gt;However, it is not clear what is the best approach to take. There are a number of plausible options with numerous pros and cons for each. There are genuine difficulties here. What is clear though is that to ensure a successful strategy for delivering carbon budgets, these issues need resolving quickly. And so, the purpose of this seminar was to bring together people from Government, academia, business and the &lt;span class=&quot;caps&quot;&gt;NGO&lt;/span&gt; sector to discuss what is the best way of tackling this problem. Friends of the Earth welcomes the Government’s decision to review the use of its current method for valuing carbon in appraisal – the Shadow Price of Carbon (&lt;span class=&quot;caps&quot;&gt;SPC&lt;/span&gt;) – and hope that the discussion at the seminar, and this meeting summary, will be helpful to the Government as it reviews its policy. Friends of the Earth would like to thank all the participants for their constructive engagement in this seminar.&lt;/p&gt;
&lt;p&gt;&lt;b&gt;Context – where are we now?&lt;/b&gt;&lt;/p&gt;
&lt;p&gt;Carbon valuation for appraisal is controversial. The argument for its use is that there are often real choices between competing objectives – explicit pricing in appraisal helps decision making by putting a price on something currently without one. However, which method to use for setting the price is controversial, and in addition there are arguments that the difficulties with each of the methods are so substantial that a different approach is required. The figure the Government uses is based on the Social Cost of Carbon (“SCC” ‐ broadly, the societal cost of a tonne of emissions) set out in the Stern Review, assuming the world is on course to meet a 550 ppmv CO2e target concentration. This value is currently £26.5 tCO2e, and is called the “Shadow Price of Carbon” (&lt;span class=&quot;caps&quot;&gt;SPC&lt;/span&gt;).&lt;/p&gt;
&lt;p&gt;The current carbon price approach has come in for some criticism, and is being reviewed by Government. An extra factor for this review will be the need to ensure compatibility with the new approach to carbon budgeting set out in the Climate Change Bill. One concern, for example, is that if high‐carbon and very‐long lived infrastructure is approved via the current carbon pricing approach, this locks the UK into a high carbon trajectory when in future decades carbon budgets will be becoming very small, making these budgets extremely difficult to achieve.&lt;/p&gt;
&lt;p&gt;There are alternative methods – such as basing it on the cost of abating a tonne of emissions (“MAC”), or the market price. A further approach is to say that the difficulties in accurately calculating SCCs or MACs are too great for them to be of practical use as a guide price in policy appraisal, and that a different approach altogether is required. However, all of these approaches, like the &lt;span class=&quot;caps&quot;&gt;SCC&lt;/span&gt;, have pros and cons as well.&lt;/p&gt;
&lt;p&gt;&lt;b&gt;Summary of discussion&lt;/b&gt;&lt;/p&gt;
&lt;p&gt;The discussion focused first on the purpose of carbon pricing, in general and then more specifically for policy appraisal. It then went on to look at the advantages and disadvantages of four possible approaches for treating carbon in policy appraisal.&lt;/p&gt;
&lt;p&gt;&lt;b&gt;A) Purpose of carbon pricing&lt;/b&gt;&lt;/p&gt;
&lt;p&gt;There was general consensus that the purpose of carbon pricing is to help deliver the Government’s policy goals on climate change – soon to be set out as a series of carbon budgets as part of the Climate Change Bill currently going through parliament. Two additional points were made. First, the purpose of carbon pricing is not primarily to “internalise the external costs” of carbon emissions (although in practice it will go some way to doing this). In this sense pricing is analogous to the situation with the development of the UK landfill tax, which started off set at rates to internalize external costs, but has since moved to be set according to the level deemed necessary to reach politically agreed targets. Second, carbon pricing is not the only policy tool needed, a point strongly emphasised in the Stern Review, and indeed does not on its own necessarily guarantee that the overall policy objective is met.&lt;/p&gt;
&lt;p&gt;&lt;b&gt;B) Carbon pricing in policy and project appraisal&lt;/b&gt;&lt;/p&gt;
&lt;p&gt;There was general consensus too that there needs to be clarity over the different types of carbon pricing. The focus in the seminar was how to use carbon pricing in project and policy appraisal – in deciding what level of carbon emissions reduction to aim for in a particular policy, or how to assess the carbon impact of a specific new proposal against other objectives. Carbon pricing is already in place in other areas to some degree – for example in the &lt;span class=&quot;caps&quot;&gt;EUETS&lt;/span&gt;, the use of a carbon cap leads to a (changing) carbon price; and in other areas the use of a variety of environmental taxes creates a carbon price of sorts, albeit varying considerably by sector.&lt;/p&gt;
&lt;p&gt;&lt;b&gt;C) Different approaches to carbon pricing in appraisal&lt;/b&gt;&lt;/p&gt;
&lt;p&gt;Four different approaches were discussed:&lt;/p&gt;
&lt;p&gt;&lt;b&gt;1) “Social Cost of Carbon” approaches (&lt;span class=&quot;caps&quot;&gt;SCC&lt;/span&gt;)&lt;/b&gt;&lt;/p&gt;
&lt;p&gt;Social cost approaches come from valuing in monetary terms the costs to society of a tonne of additional carbon emissions. This is used to assess the “cost” of the carbon emissions of any policy, for comparison with other impacts, both positive and negative.&lt;/p&gt;
&lt;p&gt;The main advantage of this approach is that it is an attempt to measure actual costs, and as such is good for comparing with other types of costs and benefits of any proposal. However, there are a series of major disadvantages. The first is that any estimate is riven with significant uncertainties, at many levels – from how to value ecosystems and knowledge of likely catastrophic damages, to how to value damage to different generations and how to model the effects on economic systems. The combination of all these difficulties leads to major difficulties in assigning any level of accuracy and precision to any figure, let alone the +20/‐10% range currently used. &lt;/p&gt;
&lt;p&gt;Many of these uncertainties are unresolvable any time soon, certainly not within the period we have left to cut emissions; many of them are also ethical issues, and reflect distributional concerns to which there are no definitive “right” answers. Second, because many of these impacts are so uncertain, the models which do exist usually assign a zero value to them – particularly for “socially contingent” and ecosystem losses. These represent a trend for &lt;span class=&quot;caps&quot;&gt;SCC&lt;/span&gt; to be underestimates. A further recent trend for underestimates is that the &lt;span class=&quot;caps&quot;&gt;SCC&lt;/span&gt; values are inevitably based on relatively old science. As the trend has been for the science of climate change to show things are getting worse with every passing year, the current SPCs are based on an overly optimistic and increasingly outdated view of lower costs of climate damages.&lt;/p&gt;
&lt;p&gt;Third, values for the &lt;span class=&quot;caps&quot;&gt;SCC&lt;/span&gt; are future‐dependent. With strong emissions reductions in decades to come, future climate damages will be lower, so a tonne of emissions now has less impact. The &lt;span class=&quot;caps&quot;&gt;SCC&lt;/span&gt; figure has to be based on some vision of the future. Unfortunately, assuming a world of strong future action on climate leads to a lower value for the &lt;span class=&quot;caps&quot;&gt;SCC&lt;/span&gt; now, which when used in policy appraisal means less weight given to climate policies, which leads to less strong action on climate…a self‐defeating cycle. In addition, the current value for the &lt;span class=&quot;caps&quot;&gt;SCC&lt;/span&gt; used by Government in its Shadow Price of Carbon is based on a 550ppmv C02 future, which will require far stronger policies than currently exist to be achievable. &lt;/p&gt;
&lt;p&gt;The reality is that we are on a higher trajectory, which under this methodology would require a higher price. Fourth, there is little certainty about the link between this approach and with the Climate Change Bill’s carbon budgets. It could well be that carbon pricing here results in major carbon intensive projects or policies going ahead (if the carbon costs were outweighed by other benefits). The current Heathrow expansion proposal was cited as an example of where the carbon cost of the proposal using &lt;span class=&quot;caps&quot;&gt;SCC&lt;/span&gt; is outweighed by calculations of benefits of expansion – the proposal thus passes its impact assessment, despite its projected large net increase in carbon emissions, in likely conflict with carbon budgets requiring large overall cuts.&lt;/p&gt;
&lt;p&gt;&lt;b&gt;2) “Marginal Abatement Cost” approaches&lt;/b&gt;&lt;/p&gt;
&lt;p&gt;This approach assesses the cost of cutting carbon emissions by an additional tonne, and compares the figure derived from this for the “cost” of the carbon emissions with other impacts.&lt;/p&gt;
&lt;p&gt;The main advantage of this approach is that it is in theory compatible with the carbon budgets in the Climate Bill. If the carbon price used in appraisal is simply the most expensive measure in the strategy to meet the budgets, then a new policy or proposal is judged more easily against other carbon abating policies.&lt;/p&gt;
&lt;p&gt;However, there remain a number of significant problems with a &lt;span class=&quot;caps&quot;&gt;MAC&lt;/span&gt; approach. First, &lt;span class=&quot;caps&quot;&gt;MAC&lt;/span&gt; estimates have major uncertainties too, although possibly not to the same extent as for &lt;span class=&quot;caps&quot;&gt;SCC&lt;/span&gt; estimates. MACs can change massively over time (eg as innovation kicks in), MACs can be artificially high due to market failures, many MACs assume policies which are not likely to happen at present for other reasons (for example wholesale improvement in domestic energy efficiency). MACs also have major problems with consistency in definitions from different studies. The issue of whether global or UK based &lt;span class=&quot;caps&quot;&gt;MAC&lt;/span&gt; curves should be used also has a major impact on &lt;span class=&quot;caps&quot;&gt;MAC&lt;/span&gt; values. Overall, there appears to be little sensitivity analysis around these figures.&lt;/p&gt;
&lt;p&gt;Second, if used in appraisal, &lt;span class=&quot;caps&quot;&gt;MAC&lt;/span&gt; figures would not be comparing like with like. For example, for all its flaws, cost‐benefit analysis currently remains the main arbiter in policy appraisal. All other impacts would be considered in terms of their costs and benefits, monetized where possible. But using MACs for carbon would mean using the cost for cutting a tonne of carbon, rather than the cost to society of emitting a tonne – two completely different measures. There is no guarantee at all that the &lt;span class=&quot;caps&quot;&gt;MAC&lt;/span&gt; and the &lt;span class=&quot;caps&quot;&gt;SCC&lt;/span&gt; are the same.&lt;/p&gt;
&lt;p&gt;&lt;b&gt;3) Market price approaches&lt;/b&gt;&lt;/p&gt;
&lt;p&gt;This approach is to take the already existing market price for carbon – for example the price for a tonne of carbon traded in the &lt;span class=&quot;caps&quot;&gt;EUETS&lt;/span&gt;. The advantage of using a market price is that it is very “real” – this figure is the one financiers and business people use; it is the one which genuinely affects business decisions. A second advantage is that the price relates to a target that has been set; it is an approach which is in theory quite compatible with carbon budgets.&lt;/p&gt;
&lt;p&gt;The market price is created by Government policy – so for appraisal purposes what that policy is is crucial. The disadvantage of this market price approach for appraisal (where there are no real prices) at the moment is that the market price is going to be very low, because it is based on an &lt;span class=&quot;caps&quot;&gt;EUETS&lt;/span&gt; cap which is far too high in relation to a cap needed to keep climate change damages to an “acceptable” level, and also likely to be incompatible with the soon‐to‐be set UK carbon budgets.&lt;/p&gt;
&lt;p&gt;A further potential disadvantage with this approach is that the market price is currently based only on particular sectors, and does not bear much relation to other sectors such as surface transport and households.&lt;/p&gt;
&lt;p&gt;&lt;b&gt;4) “Precaution and Pragmatism” approaches&lt;/b&gt;&lt;/p&gt;
&lt;p&gt;The main argument for this approach is that the previous approaches, owing to their major uncertainties (&lt;span class=&quot;caps&quot;&gt;SCC&lt;/span&gt; and &lt;span class=&quot;caps&quot;&gt;MAC&lt;/span&gt;), are impractical to ensure carbon budgets are met. It was argued that a more pragmatic approach is needed instead. This proposed approach uses an escalating carbon tax to have a medium‐long term influence on decisions (until it is having a strong enough effect on decision making to ensure carbon budgets are met) combined with a policy presumption against high carbon infrastructure to address the potential for carbon lock‐in via short‐term and high impact proposals.&lt;/p&gt;
&lt;p&gt;The advantage of this approach is that it is likely to be compatible with the Bill’s budgets, whereas the other three are likely to throw up situations where major carbon‐intensive proposals get the go‐ahead, requiring major revision of the strategy to deliver carbon budgets. However, there are disadvantages over as yet unclear definitions – how would “carbon intensive” or “carbon‐increasing” be defined, and at what rate would the carbon escalator need to rise?&lt;/p&gt;
&lt;p&gt;&lt;b&gt;D) Which is the best approach?&lt;/b&gt;&lt;/p&gt;
&lt;p&gt;There is a genuine unresolved question as to whether the uncertainties surrounding both &lt;span class=&quot;caps&quot;&gt;SCC&lt;/span&gt; and &lt;span class=&quot;caps&quot;&gt;MAC&lt;/span&gt; figures are so large as to make them unsuitable for setting a carbon price for use in appraisal. There is strong evidence that these uncertainties are too large for the &lt;span class=&quot;caps&quot;&gt;SCC&lt;/span&gt;. For MACs, the jury is still out. Even if these figures can be calculated with any precision and accuracy it may not also ensure that the UK’s carbon budgets are met – applied to very long term capital projects they may lock the UK into long‐term high carbon infrastructure which although justifiable on short‐term &lt;span class=&quot;caps&quot;&gt;MAC&lt;/span&gt; or &lt;span class=&quot;caps&quot;&gt;SCC&lt;/span&gt; analysis, in the long run would prove very costly to the UK. It may be more effective to use a different approach. &lt;/p&gt;
&lt;p&gt;Using one based on market based prices does not look attractive at present, as carbon markets are new, based on inadequate caps and coverage of too small a fraction of total emissions. The fourth approach – around a combination of an escalating carbon tax and a presumption against high carbon projects or policies ‐ has potential, and should be looked into in more detail. Critical questions would be how to define the boundaries as to what is carbon intensive or high carbon, and at what levels to set an effective carbon escalator.&lt;/p&gt;


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 <comments>http://www.ukwatch.net/article/the_price_of_carbon_what_should_it_be_and_why#comments</comments>
 <category domain="http://www.ukwatch.net/watch_area/ecology/science">Ecology/Science</category>
 <category domain="http://www.ukwatch.net/tags/carbon">Carbon</category>
 <category domain="http://www.ukwatch.net/tags/climate_change">climate change</category>
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 <category domain="http://www.ukwatch.net/tags/power_station">Power station</category>
 <category domain="http://www.ukwatch.net/tags/stern_review">Stern review</category>
 <category domain="http://www.ukwatch.net/author/friends_of_the_earth">Friends of the Earth</category>
 <pubDate>Wed, 30 Jul 2008 14:04:21 +0000</pubDate>
 <dc:creator>tim</dc:creator>
 <guid isPermaLink="false">6247 at http://www.ukwatch.net</guid>
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 <title>The global warming deniers</title>
 <link>http://www.ukwatch.net/article/the_global_warming_deniers</link>
 <description>&lt;p&gt;I am finding it increasingly difficult to maintain my optimism that we can stabilise global temperature increases below the “danger level” of 2°C. First, there is no sign that emissions are being reduced; rather, the opposite is happening. Second, it is becoming clear that the danger level for temperature increase is a good deal lower than 2°C.&lt;/p&gt;
&lt;p&gt;The Arctic Sea ice cover is already approaching a new low. The new topic of speculation is not whether the Arctic ice will disappear completely in the summer months by 2080, but whether this will happen by 2018. An ice-free North Pole will have a significant effect on the planet’s energy balance, given the important role this huge white “mirror” plays in reflecting incoming solar radiation. Once it is gone, the warming process can only speed up further. Already, a new study suggests that an ice-free Arctic Ocean will dramatically increase warming in surrounding land areas, accelerating the degradation of permafrost and resulting in huge releases of carbon and methane – driving yet more warming. Setting a danger level of 2°C, as the UK and EU have done, now looks dangerously optimistic.&lt;/p&gt;
&lt;p&gt;The Intergovernmental Panel on Climate Change (&lt;span class=&quot;caps&quot;&gt;IPCC&lt;/span&gt;) reported last year that emissions cuts within a decade could still keep temperature hikes below 2°C. But global emissions are rising year on year, not falling. Many climate models are underpinned by an assumption of 1.5 per cent increases annually in carbon releases. Instead, they have been running at more than 2 per cent.&lt;/p&gt;
&lt;p&gt;In the words of the Tyndall Centre scientist Kevin Anderson: “Since 2000 the world has gone ballistic in terms of carbon emissions.” Anderson has recently revised his projections for climate change and now thinks that the “best we can expect” is stab ilising atmospheric concentrations at 650 parts per million CO2 equivalent, equating to warming of about 4°C. He suggests we “mitigate for 2°, but adapt for 4°”.&lt;/p&gt;
&lt;p&gt;Adapting to 4°C of warming would be quite a challenge. With this level of temperature change, we can expect a huge increase in drought-prone zones, a mass extinction of half or more of the life on earth, hundreds of millions of refugees from areas deprived of fresh water or inundated by rising seas, and widespread starvation due to food and water shortages.&lt;/p&gt;
&lt;p&gt;The Stockholm Network’s Carbon Scenarios report (which I helped draft) reaches a similar conclusion, projecting a warming of nearly 5°C if global policy on climate continues to fail. Against this terrifying backdrop, the denial lobby flourishes, its success almost calling into question the capacity of mankind for reasoned thought.&lt;/p&gt;
&lt;p&gt;Nigel Lawson’s dreadful book, laughably entitled An Appeal to Reason, has been riding high in the sales charts and is only one of several denialist tomes on global warming. The last time I looked, four out of five of Amazon’s top sellers on climate were penned by deniers. And these are not just views from the fringe. A &lt;span class=&quot;caps&quot;&gt;MORI&lt;/span&gt; poll reported by the Observer last month found six out of ten people think, wrongly, that “many scientific experts” disagree on whether human beings are causing climate change. Four out of ten people asked believed that the impact had been exaggerated.&lt;/p&gt;
&lt;p&gt;Many climate-change sceptics like to think they are proudly independent people, refusing to be cowed by UN-sponsored orthodoxy from the &lt;span class=&quot;caps&quot;&gt;IPCC&lt;/span&gt;. In fact, the arguments of climate sceptics have largely been moulded by a far more sinister force – the US-based conservative think tanks. A recent academic survey of environmentally sceptical books found that 92 per cent were linked with these think tanks, which include the Heritage Foundation, the Cato Institute and the Competitive Enterprise Institute. Since the early 1990s, these and other industry-funded front groups have been leading an anti-environmental backlash, changing the tenor of the political debate on environmental issues and bombarding the media and the public with disinformation.&lt;/p&gt;
&lt;p&gt;The authors of the study, published in the June edition of a journal called Environmental Politics, argue that, far from being a true grass-roots movement, “environmental scepticism is an elite- driven reaction to global environmentalism, organised by core actors within the conservative movement”. The “self-portrayal of sceptics as marginalised ‘Davids’ battling the powerful ‘Goliath’ of environmentalists and environmental scientists is a charade”, given that the “sceptics are supported by politically powerful conservative think tanks funded by wealthy foundations and corporations”.&lt;/p&gt;
&lt;p&gt;Next time someone insists global warming isn’t happening, ask yourself where their views come from – and whose interests they serve.&lt;/p&gt;


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 <category domain="http://www.ukwatch.net/watch_area/ecology/science">Ecology/Science</category>
 <category domain="http://www.ukwatch.net/tags/carbon">Carbon</category>
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 <category domain="http://www.ukwatch.net/tags/emissions">Emissions</category>
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 <category domain="http://www.ukwatch.net/author/mark_lynas">Mark Lynas</category>
 <pubDate>Sun, 06 Jul 2008 18:27:08 +0000</pubDate>
 <dc:creator>tim</dc:creator>
 <guid isPermaLink="false">6103 at http://www.ukwatch.net</guid>
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