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Comments by Gary Noland Subscribe

On How A Progressive Carbon Tax Will Fight Climate Change And Stimulate The Economy

Joseph,

I completely agree with your assessment that a progressive carbon tax is needed to begin slowing the rate of growth of CO2 emissions in the atmosphere.  However, I am convinced that the world will ultimately need to transition away from petroleum for transportation and fossil fuels for electrical power.  Clean renewable energy systems are our only way to reverse Global Warming.

The figures you have suggested for the value of the carbon tax I believe are far too low when compared to the projected costs of sequestering carbon from power plants.  Please see my blog at http://promiseofotec.blogspot.com/p/comparison-of-sustainable-energy-to.html.  I suggest that the best method for storing carbon in the ground is in the form of coal by not digging it up in the first place.

Finally, in addition to greatly expanding the use of renewable energy technologies, stronger efforts are needed to preserve our rain forests and aggressively expand argaculture to draw additional CO2 from the atmosphere while preparing to grow sufficient food for a projected world population of 9 billion.

I welcome your thoughts.

Best regards,

Gary Noland
G. Noland & Associates, Inc.
Pleasanton, CA 94566
Office:(925) 462-8701Mobile:(925) 623-8755
gary@gnoland-associates.comwww.gnoland-associates.com 
December 13, 2012    View Comment    

On Carbon Tax: How to Deal with a Sagging Economy, Tax Reform, and Climate Change in One Fell Swoop

I completely agree with Mr. Hartung regarding the need for a tax on carbon dioxide emissions.  The price of $100/metric ton of CO2 is approaching the cost of capturing and sequestering the CO2 from fossil fuel power plants (The Price of Capturing CO2 - http://promiseofotec.blogspot.com/p/comparison-of-sustainable-energy-to.html).  A carbon tax would enable sustainable energy systems to be compared with fossil fueled power systems on an apples-to-apples basis and encourage the transition to more sustainable fuels and more efficient power technologies.

Thank you.

Gary Noland

September 27, 2012    View Comment    

On Australia's Carbon Tax Debate

Regarding Australia's Carbon Tax, I believe that a tax on carbon is needed in every country.  The amount of the tax depends on what the country's real purpose is for the revenues.  If it is to augment the country's general fund, then the tax should be an some nominal level that is agreeable with the populace.  However, if the goal is to reduce carbon emissions, then the tax should be somewhat greater than the cost of carbon capturing and sequestration (CCS)for an indefinite period of time.  It's rather tough to put a price tag on that activity since it is in the nascent stage and prices are largely speculative.  However, of the articles I have read, the figure of $100 US is a potential target for CCS but probably on the low side because the analysis didn't include transporting the captured carbon, disposing of it in some underground chamber and monitoring the carbon to ensure that it remains sequestered.  Thus, to ensure that there is an economic incentive to capture and sequester the carbon, I suggest that the carbon tax be twice the likely price for  CCS. Obviously, this will increase the price of electricity and gasoline, etc.  However, there will FINALLY be an economic incentive to stop dumping the waste pollution from power plants and other petroleum consuming systems into our environment with the resultant air pollution and global warming gasses.  Finally, it will place sustainable power systems on par with fossil powered systems when fossil systems are no longer allowed to dump their waste in the environment for free.

Thank you.

June 13, 2011    View Comment