The International Energy Agency (IEA) on the carbon bubble

The International Energy Agency has released a report on what would be necessary to achieve a ‘net zero‘ global economy by 2050: Net Zero by 2050 A Roadmap for the Global Energy Sector.

Unsurprisingly, it replicates the carbon bubble / stranded assets argument: “The global pathway to net‐zero emissions by 2050 detailed in this report requires all governments to significantly strengthen and then successfully implement their energy and climate policies. Commitments made to date fall far short of what is required by that pathway.”

It also asserts the basic concept of a contraction and convergence framework for global equity in emission reductions: “advanced economies have to reach net zero before emerging markets and developing economies, and assist others in getting there.”

Most encouragingly, it avoids the assumption that massive carbon removal technologies will be deployed, meaning a net zero pledge based around effective fossil fuel abolition:

Net zero means a huge decline in the use of fossil fuels. They fall from almost four‐fifths of total energy supply today to slightly over one‐fifth by 2050. Fossil fuels that remain in 2050 are used in goods where the carbon is embodied in the product such as plastics, in facilities fitted with CCUS, and in sectors where low‐emissions technology options are scarce.

This is naturally an enormous challenge to the companies and governments choosing to pretend that there will be an easy technological fix which reconciles controlling climate change with continued fossil fuel use.

Unsurprisingly, the CBC describes Canadian reactions to the report as “mixed”.

Polyfluoroalkyl substances (PFAS)

One of the case studies in my M.Phil thesis was persistent organic pollutants (POPs) — a class of mostly pesticides which have been restricted under international law because they harm humans and other species, persist in the environment for long periods, and bioaccumulate in food chains, rising to higher concentrations in each level of predators.

One of the reasons states were motivated to act was because of the strong moral case made by arctic Indigenous peoples, especially the Inuit. Data on the accumulation of POPs in breast milk was especially salient, as discussed in the excellent book edited by David Downie and Terry Fenge: Northern Lights against POPs: Combatting Toxic Threats in the Arctic.

Similar attention is now being directed toward polyfluoroalkyl substances (PFAS), which are also persistent or “forever chemicals” and which have also now been found accumulating in human breast milk.

China emitting over 14 gigatonnes of CO2 equivalent

In a development that illustrates the global dynamics of climate change China’s emissions now exceed those of the entire developed world put together.

Since at least the 1990s the basic nature of a global deal to control climate change has been clear. States like Canada with the highest historical and per capita emissions need to cut their fossil fuel use dramatically. At the same time, rapidly developing countries need to choose a lower carbon development path than the states that preceded them.

Canada is massively reneging on this deal. We have never hit our climate targets and our leaders continue to act as though continued fossil fuel development can somehow be compatible with climatic stability. We also treat the emissions from the fossil fuels we produce as someone else’s problem, just as we treat the emissions that go into our imports (some of those Chinese emissions are making stuff for the benefit of Canadians, and people in all rich countries).

Persisting with the status quo is a suicide pact, yet states and citizens have not yet displayed the wisdom of recognizing and acting upon that. With so little time left to change course and avert the worst impacts of climate change we cannot keep accepting governments that abstractly promise that emissions will fall in the far future while working in practice largely to protect business as usual.

Open thread: global tax coordination

U.S. Treasury Secretary Janet Yellen has raised the idea of a coordinated global minimum corporate tax, with the aim of disrupting ‘race to the bottom’ dynamics in taxation and the shift of assets to tax havens.

Global coordination is likely a necessary prerequisite to effective wealth taxation.

It could also help to improve the tolerability and effectiveness of carbon taxes, as domestic producers would be less able to use inaction elsewhere as a way to resist decarbonization policy proposals.

Con artists and the Holmes canon

On one of today’s walks I listened to an unusually good episode of the I Hear of Sherlock Everywhere podcast: The Confidence Game.

I ordered Maria Konnikova’s book The Confidence Game: Why We Fall for It… Every Time and will read David Maurer’s 1940 book The Big Con when I go back to visiting libraries.

In addition to the Sherlockian interest, there is a double relevance to climate change politics. Studying persuasion and the influencing of others’ beliefs and behaviours may help inform strategy to help create effective climate change policies, as well as help with understanding how climate change deniers are so persistent and influential.

UBC’s financial analysis of divestment

During the U of T campaign, a validating source like this memo from the University of British Columbia’s Vice-President Finance and Operations would have been amazing for responding to the argument that divestment is financially irresponsible:

Results of Mantle’s analysis (full report attached as Appendix A) indicate that the link between climate change and the financial viability of investment assets is clear. Carbon intensive companies will be exposed to climate related financial risk as the world commits to reduce carbon emissions through regulatory, legal, market or technology shifts away from fossil fuels. Rapidly evolving trends – such as greater corporate disclosure of climate risk, commitment to a “Paris Aligned” future, the acceptance of a “carbon budget” – are greatly increasing the risk in holding shares of companies whose value is derived from the continued growth and expansion of global fossil fuel use.

Seeing the arguments about the carbon bubble from Bill McKibben’s movement-instigating article and our own divestment brief affirmed by university executives and their consultants demonstrates the degree to which the argument against continued investment in fossil fuels is sound, as well as how it has diffused beyond activists into the thinking of decision makers.

Tonight’s thesis reading will be more than unusually encouraging, between this and today’s Supreme Court of Canada ruling on the carbon tax.

Obama’s third book

Having just finished Barack Obama’s A Promised Land, I appreciated the chance to get his perspective on the years of his first administration. Perhaps the most consistent substantive point that struck me is the difficult and ambiguous balance between pressing a decision maker to go further on an issue like climate change and hampering that person by fracturing their support or rejecting the best available compromise. As Obama himself points out several times, it isn’t a question with a single straightforward answer. He both expresses his frustration with people who sapped support for his best efforts by demanding more and acknowledged that the science of climate change demanded more than he was able to do. He certainly provides a great deal of insight into the practical and political constraints, including the major barriers that climate change has been of lower priority to almost everybody than more immediate and practical issues like economic performance, and the difficulty in getting people to see effort and resources expended to avoid a bad outcome when compared with efforts to achieve short-term and immediate purposes.

The book documents with dismay the breakdown between verifiable facts and both public opinion and political reporting, without suggesting much about what could be done about it. Ominously, he quotes Indian prime minister Manmohan Singh saying: “In uncertain times, Mr. President, the call of religious and ethnic solidarity can be intoxicating. And it’s not so hard for politicians to exploit that, in India or anywhere else.” In a century where our destabilized climate is sure to produce more and more instability, we need to find a way to cooperate and take the long view.

Cultivating a conservative climate movement

Let’s begin with two simple premises:

  1. The amount of climate change the world experiences depends on the total quantity of fossil fuels that get burned. As such, there is little value in avoiding burning particular coal, oil, and gas reserves in one time period if we then burn them in another
  2. In Canada, the US, and the UK the electoral pattern for a century or more has been alternating between relatively left-wing and relatively right-wing governments

I think it follows from this that for climate change mitigation policy to succeed, it cannot only be supported by progressives or supporters of left-of-centre parties.

It’s true that the most prehistoric form of climate change denial (saying there is no problem, or it’s a problem too small to require action) is concentrated among political conservatives. It’s also true that the fossil fuel industry has outsize influence over conservative politics, parties, and politicians. To me — however — these observations are akin to the argument that since 85% of the world’s energy currently comes from fossil fuels it is imposible or unrealistic to try to replace them. In both cases, the depth of the current dependency demonstrates the need for change, rather than its impossibility.

Recently, UK Conservative MP Alicia Kearns and U.S. Republican congressperson John Curtis co-authored an article in the Times of London: The left should not dominate the conversation on climate change.

They also appeared in a recent panel hosted by the Hudson Institute:

Progressives tend to be very opposed to the argument or idea that conservatives need to be won over to climate change mitigation through fossil fuel abolition. The intersectional climate justice analysis holds that climate change is a symptom of systemic injustice and cannot be corrected through narrow solutions which do not eliminate colonialism or capitalism or patriarchy. It is a joined-together worldview that clearly motivates a lot of people, but I don’t think it’s a sound strategy for avoiding catastrophic climate change. Furthermore, I challenge the claim that only systematic change in our political or economic system can solve the problem. Progressives also tend to assert that renewable energy is cheaper and better in every way than fossil fuel, implicitly acknowledging that it could be possible to replace where our energy comes from without fundamentally changing much more about society.

I can see at least a couple of routes for moving forward with cultivating a conservative commitment to climate change mitigation.

Thinking about the span of the next couple of decades, I think conservatism in the English-speaking democracies may be posed for a huge splitting apart between comparative pragmatists who are willing to accept what science has unambiguously shown and pure ideologues whose policy preferences do not relate to what is really happening in the world. If that split can be enlarged to the point of crisis — when those on the empiricist side will no longer tolerate supporting the same candidates and parties as those on the fantasist side — those willing to consider evidence will likely have a long-term electoral advantage as those most implacably opposed to climate action die off, young people with a better understanding of climate change become politically dominant, and as the undeniable effects of climate change become even plainer.

Another plausible route to cultivating conservative support for climate change mitigation is through faith communities. The Catholic Church, United Church, Anglican Church, and others have been outspoken from the centre of their institutions about the need to control climate change. It’s true that there are some whose theology sees the Earth exclusively as a set of resources to be exploited, or who believe that a religious apocalypse will soon bring an end to the material world making long-term problems irrelevant, but I suspect there are many more in all faiths and denominations who can be won over to the view that we have a duty to care for creation and not to pass on a degraded world to our successors.

I think part of the progressive wariness about outreach to conservatives arises from how the intersectional view ties climate change into the social justice and economic redistribution agendas which animated the left long before climate change became a mainstream concern. Cooperating with conservatives on the narrow issue of replacing fossil fuels would not advance the general project of abolishing capitalism or re-ordering the global system. Some see climate change as a crisis which would be ‘wasted’ if our response only sustains planetary stability. Others convincingly point out that even without climate change as a problem the idea that resource use and waste production can increase indefinitely is fundamentally at odds with a finite planet. All that said, climate change seems to be the most pressing and serious societal problem facing humanity, and resolving it would give us more time and a more stable global environment in which to pursue other aims of justice.

I don’t believe either progressives or conservatives can or should win one another over to their entire worldview. The progressive climate change movement is an enormous success and source of hope, and I am not calling for it to be dismantled or fundamentally altered, though they ought to give more consideration to cross-ideological alliances on certain vital issues. As long as effective climate change policies are something which one side assembles and the other dismantles we cannot succeed, and so winning over conservatives to climate action is an indispensable condition of success.

Related:

Canada and a just transition off fossil fuels

At a town hall tonight on a just transition away from fossil fuels — organized by 350.org and attended by Green Party parliamentary leader Elizabeth May and NDP climate change critic Laurel Collins, but which environment minister Jonathan Wilkinson declined to attend — May repeatedly brought up the Task Force on Just Transition for Canadian Coal Power Workers and Communities as a model. In particular, she emphasized the importance of countering the narrative that escaping our fossil fuel dependence will be bad for jobs, and of respectfully consulting with the most affected communities when making policy.

The central nonsense of Justin Trudeau’s climate change policy is his unwillingness to accept that only fossil fuel abolition will let us avoid catastrophic climate change. Canada has already more than used up our fair share of the global carbon budget, and building new long-lived fossil fuel infrastructure will only increase the costs of our transition when we need to scrap them early and scramble even faster to build climate-safe replacements. Canada’s assertion that we can keep expanding bitumen sands and LNG production and exports is also entirely at odds with what fairness and pragmatism demand globally. The richest and dirtiest states need to lead the way, not keep making excuses, or the global logjam against sufficient action will be impossible to overcome.

Nuclear energy policy

This week’s Economist has a pretty solid middle-of-the-road editorial position on nuclear energy in a world with a climate crisis:

Solar and wind power are now much cheaper, but they are intermittent. Providing a reliable grid is a lot easier if some of its generating capacity can be assumed to be available all the time. Nuclear provides such capacity with no ongoing emissions, and it is doing so safely and at scale around the world.

Despite this, safe and productive nuclear plants are being closed across the rich world. Those closures and the retirement of older sites mean that advanced economies could lose two-thirds of their nuclear capacity by 2040, according to the International Energy Agency. If new fossil-fuel infrastructure fills the gap, it will last for decades. If renewables do so, the opportunity cost will be measured in gigatonnes of carbon. Renewables replacing nuclear capacity would almost always be better deployed to replace fossil-fuel capacity.

Sometimes the closure of nuclear plants is largely a matter of economics. In places where emitting carbon dioxide comes with no price, such as America, the benefits of being emissions-free are hidden from the market. That hurts nuclear, and it should be rectified. When closure is political, the onus is on Green politicians, in particular, to change their tune. To hasten the decline of nuclear power is wilfully to hobble the world in the greatest environmental struggle of all.

Related topics:

Papers on nuclear energy:

Canada’s nuclear industry:

Nuclear waste

Nuclear economics

Nuclear energy and climate change

New reactor types and designs

Nuclear energy and weapon proliferation

Accidents and safety