The cost of losing coral: no drop in the ocean

Climatechallenge Perhaps it will register if it’s expressed in money terms. The latest issue of the New Scientist carries an article reporting an estimate of  the loss of the world’s coral reefs at $172 billion per year. The estimate comes from the work of Pavan Sukhdev and colleagues. He’s an economist with the United Nations Environment Programme, and head of a European Commission study called The Economics of Ecosystems and Biodiversity (TEEB). It’s an international project to raise awareness about the economic benefits of biodiversity. I hadn’t come across its work before, but last month it produced a report TEEB Climate Issues Update. It’s a subset of early conclusions relating to climate change and a fuller report will follow next month.

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Take a giant step

The UK’s Committee on Climate Change, established to advise the British government on emissions targets and to report to Parliament on the progress being made towards achieving those targets, has just published its first annual report: Meeting Carbon Budgets – the need for a step change. It warns that the current rate of emissions reductions, running at about 1% per year, needs to be increased to 2% and perhaps 3% if the UK is to hit its relatively ambitious 34% emissions cut by 2020. Here’s how the Guardian reports it:

A green and pleasant land, with millions of electric cars powered from wind turbines and travelling between super-cosy homes and offices: that is the vision for Britain in 2020 set out today by the government’s climate watchdog.

That cleaner, greener country, playing its full part in averting disastrous global warming, is both possible and affordable, says the Climate Change Committee – but only if the government acts immediately to implement radical policies on energy efficiency and low carbon technologies, as well as dealing with the threat of the recession to carbon trading schemes.

The Times is more concerned with the suggestion that motoring taxes could be increased, but Richard Black at the BBC provides a good overview.

The report is well worth a read, not because the policy suggestions are directly relevant to NZ’s position (though encouraging household energy efficiency, electric vehicles and boosting renewables should be part of what we do), but because the Committee itself is a policy body that New Zealand sorely needs. Instead of arguing in parliamentary committee rooms about the existence of warming, this body takes the best scientific advice and applies it to determine credible policy objectives. That’s one reason why Britain’s current targets are amongst the most aggressive in the developed world. But the committee does much more: it reports on the progress being made, and establishes a “reporting to budget” process that would be familiar to anyone who has managed anything other than the smallest of businesses. And as this first report shows, if it looks like the budget forecasts are going to be missed, they are not afraid to recommend policy initiatives.

To me, that looks like a rational way to approach the issue. What a pity that instead NZ has leaders who are unwilling to lead, no effective mechanism for emissions reductions, and a government in thrall to big emitters. Climate policy needs to be made on the basis of rational analysis, not National’s paralysis.

[Taj Mahal]

Fab four: ways to meet the climate challenge

Climatechallenge Yet another pre-Copenhagen report has been released, this time  jointly from the influential Center for American Progress, the progressive think tank headed by John Podesta, President Clinton’s former chief of staff,  and the United Nations Foundation, the body founded with Ted Turner’s $1 billion gift in 1998 to support UN causes and activities.

Meeting the Climate Challenge (PDF) is brief and as punchy as such reports can be. It identifies and focuses on four core elements which it believes can deliver the most immediate effective response to climate change. Importantly, they are attractive in their own right and can be undertaken without delay. The first three, energy efficiency, renewable energy, forest conservation and sustainable land use, between them can achieve up to 75 percent of needed emissions reductions in 2020. And far from being costly the measures would deliver a net savings of $14 billion!  The report’s source is a Project Catalyst analysis. Renewable energy costs are estimated at $34 billion per year, forest conservation and land use at $51 billion; but energy efficiency measures save a staggering $98 billion per year. Net saving is the result.

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Self-interested, myopic hot-air

AtomHeartMother.jpgNew Zealand’s farming leadership have not distinguished themselves in the debate about climate policy. Federated Farmers president Don Nicholson has called for NZ to set no target for emissions reductions and for agriculture to be excluded from the emissions trading scheme, and former vice-president Frank Brenmuhl is still ruminating on the need for more debate on basics:

Political expediency has ensured the scientific debate has been reduced to a battle between believers and deniers.

No prizes for guessing Brenmuhl’s position… It gives me great pleasure, therefore, to point to an excellent analysis of agriculture’s role in the ETS by Adolf Stroombergen at Infometrics. He is scathing of Federated Farmers:

Once again we hear Federated Farmers bleating about the potential burden placed on them by an emissions trading scheme, proclaiming that farmers are doing all they can to reduce greenhouse gas emissions. Hence any carbon charge on agriculture would be pointless. Rubbish.

Stroombergen doesn’t mince his words:

Arguing that agriculture should not be part of this mechanism has as much merit as arguing that it should not pay ACC premiums linked to its accident rate, or that it should not face fines for polluting waterways.

Merit has seldom been a key feature of Federated Farmer’s arguments about emissions policy, but Stroombergen notes that:

The self-interested myopic hot air from some in the agricultural sector has fortunately been given little credence.

Perhaps Nicholson and Brenmuhl haven’t got the ear of the right people in the National Party. We should all be grateful for that.

US should aim for 80% by 2020

Renowned American environmentalist Lester Brown offers measured optimism in an article published in the Washington Post on Sunday. He claims a surprisingly dramatic 9 percent drop in US carbon emissions over the past two years and the promise of further huge reductions.  Part of this decline, he acknowledges, was caused by the recession and higher petrol prices but part of it came from gains in energy efficiency and shifts to carbon-free sources of energy, including record amounts of new wind-generating capacity. He looks ahead to the prospect of further reductions.  

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