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Uses of Revenues from Carbon Pricing

There are many worthwhile uses for revenues for carbon pricing.  In practice a mixture of uses is likely to be found. My previous post estimated that carbon pricing will raise around $22 billion worldwide this year, and suggested that this...

Posted November 17, 2015    

Revenue from Carbon Pricing

Carbon pricing already raises over $20 billion p.a. worldwide.  This has the potential to grow by an order of magnitude.  What to do with this money will be an increasing important issue.As carbon pricing spreads around the world (see here...

Posted November 2, 2015    

The Problematic Governance of Climate Engineering

Deployment of climate engineering faces formidable and perhaps insurmountable governance challenges, even if it looks technically feasible.  This prospect should reinforce efforts to reduce emissions. If climate change becomes too severe some...

Posted September 30, 2015    

Development of Carbon Pricing Could Benefit from a Two Hundred Year Old Idea

Cap-and-dividend and tax-and dividend arrangements, where proceeds from carbon pricing are returned equally to all citizens, at least in part, are already in place in Switzerland, and under discussion elsewhere.  They could help gain support...

Posted September 15, 2015    

The IEA's Bridge Scenario to a Low Carbon World Again Underestimates the Role of Renewables

In this, my last post until September, I take a quick look at the IEA’s latest renewables projections.  The IEA has just produced its World Energy Outlook Special Report on Energy and Climate Change, which is intended to describe how the energy...

Posted June 29, 2015    

When Margaret Thatcher and the Dalai Lama Agree

Environmental protection forms part of the mainstream of the Anglo-American conservative political tradition.  Policy debate on climate change should recognise this.Climate change is often seen as a politically divisive issue, with those on the...

Posted June 15, 2015    

Carbon Prices Around the World are Consistently Too Low

Carbon pricing is spreading rapidly around the world [i].  However prices almost everywhere are far too low at the moment to price emissions efficiently.  The chart below summarises carbon prices in those jurisdictions with...

Posted June 3, 2015    

Reducing the Costs of Decarbonising Winter Heating Needs to Be a Priority

Decarbonising winter space heating in the UK will require a capital intensive heat supply chain running only for the winter months. Policy action is needed to reduce the costs of this.A large scale challenge …Large scale electrification of winter...

Posted May 19, 2015    

Climate Change in UK General Election Manifestos

Comparing manifestos for May’s UK general elections highlights important similarities as well as differences among the parties.All of the manifestos published by UK-wide parties make reference to climate change policy, but to greatly differing...

Posted April 21, 2015    

Extrapolating Deployment Trends for Solar PV

Simple extrapolation of present trends implies around 1800 GW of installed solar PV capacity by 2030, with even faster growth looking possible.  Low carbon technologies getting to scale like this, and reducing costs in the process, will...

Posted March 30, 2015    

The IEA's Central Projections for Renewables Continue to Look Way Too Low

The IEA’s projections for wind and solar capacity look much too low, continuing a history of vastly underestimating renewables growth.  Their projections are not a reliable basis for projecting the world’s future power generation...

Posted March 2, 2015    

Randomised Trials of Energy Efficiency Policy

Greater use of randomised trials could help the uptake of energy efficiency by identifying which policy interventions work best.More efficient use of energy is high on almost everyone’s list of good ways to reduce CO2 emissions.  It can lead to...

Posted February 11, 2015