A time to resurrect Prudence?

The Climate Change Committee (CCC) wrote in its December report that the world could expect about a 2 degree rise in temperature by 2100 if global emissions fell by about 50% by mid-century. It said that the risk of more than a 4 degrees rise is less than 1% if the world achieved this reduction. Because the UK has per capita emissions much higher than the global average, the Committee recommended that the country should cut its emissions by about 80%. This would eventually leave the UK’s emissions per head as about the same as the rest of the world. The CCC report is thorough, robust and clear. But is its recommendation sufficiently prudent? In four main respects, the Committee has chosen a more optimistic conclusion than I believe is warranted. The implication is that its emissions reductions targets are not severe enough.

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Tory smart thinking could be short-circuited by party's past

The Conservatives do not explain how 'smart meters' would work, how the 'electricity internet' would be funded or how a voluntary scheme can be a success.

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At last, some good sense on Carbon Capture and Storage (CCS)

A powerful US coalition of large industrial companies, power producers, and environmental defence organisations has produced the first sensible plan for incentivising the early introduction of carbon capture at solid fuel electricity plants. The scheme proposed by the US Climate Action Partnership (USCAP) addresses the most important environmental issue in the world – the burning of coal to generate electricity – in a plausible and coherent way. Coal, which is almost exclusively burnt in power stations or in steel-making, is responsible for about 36% of US emissions. If we can find a way of cheaply capturing the CO2 from power stations and storing it underground, we can then also provide the technology to Chinese and Indian generators.

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Green jobs: time to look at the benefits of growing and using more wood

Government officials are searching for policies that will meet the twin aims of providing jobs and meeting the UK’s climate change targets. It is proving a difficult task. The easiest ways of reducing fossil fuel use will probably not create many new jobs in the UK. All large wind turbines are built abroad and although the construction work on a nuclear power station will generate a few thousand jobs, most of the key components will need to come from Europe and Japan. So where are the opportunities? I think two major areas stand out as excellent ways of generating jobs quickly without also dragging in expensive imports or sharply raising prices.

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The fall in the pound's value undermines any financial case for nuclear energy

The UK government’s enthusiasm for the construction of nuclear power stations is based on a May 2007 consultation document published by the Department of Trade and Industry (now BERR). This paper argued that nuclear offered a financially viable way of generating electricity, broadly competitive with fossil fuels. It correctly pointed out that the cost of nuclear energy is largely determined by how much a plant costs to build, not by uranium prices or by the price of disposing of nuclear waste.

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Does an economic depression mean slower progress towards green objectives?

We didn’t make much progress reducing emissions when times were good. Will the looming depression makes things worse or better? The discussion of this issue, at least in the UK, tends to be superficial. The only question asked seems to be ‘will people buy less eco-bling when times are hard?’

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Formula 1 should ditch the internal combustion engine

Honda’s withdrawal from the hugely expensive world of Formula 1 motor racing is another illustration of the pressures on the world’s car-makers. Now might be a good time for reflection. Does it make sense to use the petrol engine as the power source for the cars on the track. Isn’t it time to switch to electric cars?

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Why is the UK so far behind in renewables?

Most major countries in Europe have decided to focus on one or two technologies to reduce carbon emissions. By making concentrated investments in one or two promising areas these countries are likely to achieve substantial cost reductions and rapid increases in deployment. By contrast, the UK is dabbling ineffectually in several areas and achieving little. Despite having large resources of renewable energy sources, the UK’s effort is diffuse, trivial in scope and clearly insufficient. We have almost the lowest percentage of our energy coming from low-carbon sources in the EU.

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The Pentland Firth

The funnel of water between the north-east tip of Scotland and the Orkney Islands contains some of the most powerful tidal energy in the world. The exploitable resource at the time of the fastest running tides may be as much 8 gigawatts. One source I have talked to suggests the figure could even be as high as 20 gigawatts. As I write this note, the National Grid’s website gives an estimate of the electricity use at this moment – about 55 gigawatts at peak-time on a winter evening. Be in no doubt, the Pentland Firth is the single most important source of renewable energy in the UK. The power concentrated in this narrow stretch of water could comfortably provide London’s electricity need. And it is entirely predictable to within a few percent every minute of every day. The tidal power will peak twice every 24 hours in a cycle that the Grid will be able to plan for decades in advance.

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Jatropha

Alok Jha of the Guardian wrote about Air New Zealand’s trial of jet fuel based on jatropha berries. This note looks at the percentage of the world’s land area that would have to be devoted to the crop in order to provide for the total needs of aviation, an industry that uses about 5% of the world’s oil.

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Methane

We seem to know less about methane emissions than we thought. After a decade of stability, methane concentrations in the atmosphere have been rising strongly in the last 18 months. Early research work suggested that this rise was concentrated in the northern latitudes of the northern hemisphere and was consistent with greater emissions from decaying organic matter in melting permafrost or from the melting of Arctic sea ice. Now this result has been called into question by the publication of a new study showing the concentrations of methane are rising almost everywhere. Since methane takes some time to diffuse around the globe, the later work suggests that the rise in methane may not be directly due to enhanced emissions from biological sources.

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Feed-in tariffs: another romantic delusion

As with other great popular causes, such as improving access to public libraries, reducing the use of plastic bags, and the protection of urban hedgehogs, everybody is in favour of ‘feed-in tariffs’ for renewable energy. Widely used in other parts of Europe, these tariffs guarantee a high price for every unit of electricity exported to the grid from very small generating stations. Put some solar panels on your roof in Germany and you get paid 40p for every kilowatt hour that you produce and don’t use yourself.

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Snakes

Together.com, the climate change campaigning organisation, has launched a new product for its annual campaign. It is promoting the traditional door ‘snake’ in its autumn publicity drive. Filled with insulating material, these colourful sausages stop heat leaving a warm room in winter through the gap at the bottom of the door. As part of the campaign, B&Q is selling snake-making kits for £1 on 20 October. National Trust properties are holding snake-making workshops over the half-term period.

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Adair Turner’s cheerful views on climate change

The easier of Adair Turner’s two main challenges is deciding how to save the entire UK banking system in his role as chairman of the FSA. As head of the Climate Change Committee, the more difficult job is persuading the government that it needs to take substantial action over greenhouse gases.

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Yes, do lag your loft

For once, the government has got its climate change policies right. The idea of a windfall tax on energy suppliers has widespread support. One hundred or so Labour MPs have come out in favour. Caroline Lucas, the newly elected leader of the Greens, has advocated such a policy and many Conservatives express private approval. The trade unions were infuriated by Alistair Darling’s refusal to back the proposal. Rather than backing a windfall tax, it looks like he favours plans that oblige the utilities to improve the energy efficiency of customers’ homes.

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The Great Glen Energy Co-operative

Community-owned wind farms are a rarity in the UK, despite their popularity in other parts of northern Europe. So should we welcome an opportunity for individual investors to invest in a newly built wind project in northern Scotland? Yes and no. The prospectus promises reasonable returns. But the protections to investors are limited and the information about the mechanism by which shareholders get their returns is sadly lacking. Even enthusiasts for individual investments in wind power need to be very cautious about investing in the Great Glen Energy Co-operative.

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UK energy demand

Elizabeth Kolbert looked at the Swiss 2,000-Watt Society project in the /New Yorker/ of 7 July. Her interviewees provided estimates of the energy use of the typical Swiss inhabitant. The figures added up to about 5,000 watts. To be clear, this means each person is responsible for about five kilowatts of continuous energy use. This includes home electricity and gas, personal transport, industry, and office. To keep us in the ease and comfort we have got used to we are consuming, directly and indirectly, enough energy to keep two electric kettles boiling continuously, or driving a fuel-efficient car four hours in every day. This article looks at the composition of energy demand in the UK. The figures are then broken down by sector and by fuel. The numbers are used in the introduction to /Ten Technologies to Save the Planet/ (Profile Books, November 2008), where I try to assess whether we are likely to be able to use technology to reduce fossil fuel demand substantially.

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Are biofuels responsible for the sharp spikes in food costs?

The world has decided that much of the blame for the rising cost of foods can be ascribed to the use of grains for biofuels. The case for the prosecution is simply made. About one hundred million tonnes of maize from this year’s US crop will be diverted into ethanol refineries, an increase of a third on 2007’s figure. The maize used for ethanol represents almost 5% of global production of all types of grain. One in twenty cereal grains produced in the world this year will end up in the petrol tank of US cars. Other countries are also pushing ethanol, but the US has moved most aggressively to increase the use of food for fuel.

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A public share offer is the right way to fund the gap in the financing of the London Array*

Shell backed out of its commitment to provide the financing for one third of the world’s largest offshore wind farm off the Kent coast. The London Array, expected to cost about £2bn, now needs to find a new investor. What about tapping the public? The project has reasonable economics, and private individuals could benefit from 40% tax relief by putting shareholdings into pension plans. Perhaps as importantly, such a move would raise understanding of renewable energy generation among the wider community.

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