First, Nisbet has taken a helpful initial, if imperfect, cut at stripping away some of the mythology surrounding efforts to
add a cost to greenhouse gases as the means to limit climate risk.
What benefits of renewables are not addressed by
adding a cost to greenhouse gases, and so justify subsidies to renewables?
Not exact matches
If global corporations are allowed
to turn our state into a sacrifice zone, reap massive short - term profits, and significantly
add to greenhouse gas emissions, the true
costs of drilling in terms of environmental impacts, quality of life, and long - term cleanup
costs would be passed on
to state residents.
Adds Thomas: «It seems
to me highly unlikely that [investing in nuclear power] is the most
cost - effective way
to reduce
greenhouse gas emissions.
Essentially, China and India, the emerging giants in the global
greenhouse, are saying that any extra
costs for them
to divert from established trajectories for carbon dioxide emissions as they pursue prosperity must be covered by the established industrial powers, which still have many times greater emissions on a per - capita basis and spent a century freely
adding greenhouse gases
to the atmosphere in building their wealth.
The next failure
to compromise came in the fight over
adding a «safety valve» provision
to limit unanticipated high
costs from
greenhouse gas restrictions, something Joe Romm and many others rejected out of hand at the time, even though Romm last year (around minute 37 in this videotaped panel discussion) noted the need for pragmatism
to get things started: «The game changer for the world isn't between no price for carbon and a high price.
Or we can take effective steps
to more rapidly reduce both our fossil fuel use and our contribution
to greenhouse gas emissions, while at the same time
adding new green jobs and reducing driving
costs.
«We need
to estimate how much it will
cost if we do nothing how it will
cost if we do something and how much we need
to spend
to cut back
greenhouse gases,»
added Hope, who worked with the University of Colorado's Kevin Schaefer on the assessment.
In the past, the drop in hydropower has been largely made up by burning more natural gas,
costing Californians billions of dollars in
added energy
costs and generating more
greenhouse gases
to the atmosphere.
«We can not ask the poorest and most vulnerable
to bear the
costs,» he said,
adding that
greenhouse gas emissions in 2010 were the highest in mankind's history.