"It’s time to move beyond 'save the planet no matter what the cost' to 'saving the planet is about protecting the people on it in both the short and long term.' If we don’t accept this reframing, policies meant to reduce human suffering by addressing climate change can actually make that suffering worse. In the end, voters own this issue. We cannot support politicians based on slogans. We must hold them accountable for the results of their policies, taking all relevant factors into account."
"The reason why the CRP is storing less carbon in soil than if the acres were placed randomly has to do with where program acres are concentrated. The Southern Great Plains have a disproportionately high amount of CRP acres, compared to the rest of the country, and the 'coarse-textured soils' in this area store carbon poorly."
Trinidad and Tobago is highlighting the importance of using many different sources of energy instead of having the government pick a winner. Over time, that will allow the most efficient sources to grow in a competitive market.
"'What the department put out is really barely a drop in the bucket compared to the level of ambition and the size of the challenge that we see,' said Matthew Mailloux, a policy adviser at the conservative clean energy group ClearPath, in an interview. 'We would certainly hope that DOE, either through [the final rule] or a future rulemaking, would broaden the number and types of technology that are eligible for this more predictable process.'"
"A deal is hard to reach because the legitimate climate ambition of a rapid end to burning fossil fuel runs into the equally legitimate reality of fossil dependence. As Mr Cohen observes, 'You can wish fossil fuels away, but they still comprise 80% of world energy supply and are growing.' A new scenario from the IEA, a global forecaster, for achieving net-zero emissions envisions a significant amount of fossil-fuel use even in 2050 (albeit at much lower levels than today), making a mockery of talk of rapid phase-out."
"Most importantly, trade, in the climate change era, allows economies with relatively clean sources of energy to specialize in energy-intensive goods and services. It is essential both to shift the footprint of global production to where things can be made at the least cost to the environment and to allow the dirtier producers in the developing world to acquire technologies — mostly originated in richer nations — that will enable them to reduce their emissions, too."
Reducing wasteful and redundant government spending and modernizing regulations will lower borrowing costs for companies and make clean energy more competitive.
Bill Spindle of Cipher reports on the challenges of carbon markets. “As COP28 approaches, the industry is attempting a major reboot. After years of intense activity by dozens of study groups and implementation committees, the carbon trading industry has launched fresh initiatives to raise the quality of offsets and codify what claims buyers can credibly...
Maine’s residential electricity rates are already 59% higher than the national average. They will only rise more if Maine cannot build pipelines, transmission lines, and power stations.
"The key is to drive down the green premium and make green product prices competitive against fossil-based product prices – and that’s going to require more than just government subsidies. Financing these projects requires thinking beyond the traditional market to overcome the investment risks involved. It’s going to require the public and private sector working together to deploy these projects."
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