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New study finds incredibly high carbon pollution costs – especially for the US and India | Dana Nuccitelli
As a wealthy, warm country, the US would benefit from implementing a carbon tax to slow global warming
The social cost of carbon is a measure of the economic damages caused (via climate change) by each ton of carbon pollution that we produce today. It’s difficult to estimate because of physical, economic, and ethical uncertainties. For example, it’s difficult to predict exactly when various climate tipping points will be triggered, how much their damages will cost, and there’s also a question about how much we value the welfare of future generations (which is incorporated in the choice of ‘discount rate’).
In 2013, the Obama administration set the federal social cost of carbon estimate at $37 per ton of carbon dioxide (up from the previous estimate of $22). That was a conservative estimate – in recent years, research has pegged the value closer to $200 because recent research has shown that global warming slows economic growth, which makes it quite expensive. A majority of economists in a 2015 survey believed the federal estimate was too low, but Republicans have recently been trying to dramatically lower it anyway.
Continue reading...Cern scientist: 'Physics built by men - not by invitation'
Carnegie CEO exits after 10 years following write-downs, share falls
Carnegie replaces CEO after 10 years following share price fall, project delays and losses on solar and storage micro-grid play.
The post Carnegie CEO exits after 10 years following write-downs, share falls appeared first on RenewEconomy.
Australia sets CO2e cap for Shell’s Prelude floating LNG platform
Scott Morrison says $444m Great Barrier Reef grant 'right financial decision'
PM says he and Mathias Cormann were responsible for awarding the money to foundation in one year
Scott Morrison has said he and the finance minister, Mathias Cormann, were responsible for the government’s decision to give $444m to the Great Barrier Reef Foundation in one year.
At a doorstop in Perth on Monday the prime minister said that the pair, as the Coalition’s economic team before the 2018 budget, had worked out “the best way to do [the grant] financially”, and argued it was the right decision because it helped the reef without “blowing the budget”.
Continue reading...New Queensland abattoir to be powered by solar and hydrogen storage
New hi-tech abattoir to be powered by 78MW solar farm and solar-fuelled hydrogen facility to lock in low renewable energy costs.
The post New Queensland abattoir to be powered by solar and hydrogen storage appeared first on RenewEconomy.
'We've bred them to their limit': death rates surge for female pigs in the US
With sows producing 23 piglets a year on average, intensive farming is called into question over rise in animals suffering prolapse
Death rates for female pigs in the US are rising fast, sending alarm bells ringing throughout the farming industry.
The mortality rate rose from 5.8% to 10.2% on farms owning more than 125 sows between 2013-2016, according to one organisation that collects data across 800 companies.
Continue reading...Row over Moon film's flag moment
IPCC: Climate scientists consider 'life changing' report
The planned national waste policy won't deliver a truly circular economy
Trust Me, I'm An Expert: Australia's extreme weather
Climate change and the true cost of economic growth | Letters
If George Monbiot really wants to get people talking about the connection between climate change and the economy, he’d do better to find a different question to “how do we stop growth?” (While growth continues we’ll never kick our fossil fuel habit, 26 September).
The elephant in the room is the assumption that nature’s resources and capabilities are so large that they can be considered infinite and so excluded from the economic cost of production. This has the unintended consequence of rewarding destruction. Hence the German situation in Hambacher: the lignite has value because it can be sold to be burned, the 12,000-year-old forest has none unless the trees are cut down for economic use. And, in an infinite world, there are always more 12,000-year-old forests.
Continue reading...Energy firms demand billions from UK taxpayer for mini reactors
Ministers under pressure to fund new generation of small-scale nuclear power stations
Backers of mini nuclear power stations have asked for billions of pounds of taxpayers’ money to build their first UK projects, according to an official document.
Advocates for small modular reactors (SMRs) argue they are more affordable and less risky than conventional large-scale nuclear plants, and therefore able to compete with the falling costs of windfarms and solar power.
Continue reading...Secret filming reveals hidden cruelty of licensed badger culls
‘Brutal slaughter’ will cost £1,000 per animal, claim campaigners, as government defends battle to beat bovine TB
Trapped in a cage and shot at close range, the badger takes almost a minute to die. Covert footage published online by the Observer, the first to be shared publicly, shows the main method of dispatching Britain’s largest indigenous carnivore as part of a controversial cull now being expanded by the environment secretary, Michael Gove, which farmers insist is vital to curb the spread of TB in cattle.
Taken in Cumbria by the Hunt Investigation Team, it has been released by animal rights groups for maximum political effect ahead of the Conservative party conference, as Gove considers a key report on the government’s TB eradication strategy. Animal rights activists said the footage raised questions about how the cull works.
Continue reading...London air pollution is poisoning my son, says campaigner
Father asks why politicians are not acting on child health crisis caused by illegal toxin levels
For David Smith, the final straw came as he was standing at the bus stop near his home in south London with his two-year-old son Ely.
He had become increasingly aware of the damage pollution was doing to young people’s health since the birth of his two youngest children. And when the gridlocked traffic edged forward and a lorry pulled up a metre from Ely, something snapped.
Continue reading...California shark attack: teen lobster diver injured
- 13-year-old bitten on first day of spiny lobster season
- Encinitas lifeguard says injuries traumatic but not fatal
A teenager was seriously injured in a shark attack off a beach in southern California on Saturday.
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