Lies and Economic Models

Amory Lovins and other green techno-optimists have long argued that there are numerous technologies and policies that could reduce energy use and emissions at a net profitthe so-called no regrets policies that would save more money than they cost to implement. Conservative economists, many of them employed or supported by the Department of Energy, have argued that this simply cant be true, since energy marketslike all marketsare optimal. (This is the famous twenty dollar bill argument; i.e., there cant be twenty-dollar bills lying on the ground, because people would have already picked them up).

Many economists, of course, see the bills everywhere. 2500 economists including eight Nobel laureates signed the Economists Statement on Climate Change in 1997, which declares Economic studies have found that there are many potential policies to reduce greenhouse-gas emissions for which the total benefits outweigh the total costs. Continue reading “Lies and Economic Models”

The EcoEquity Interview: Wolfgang Sachs

Wolfgang Sachs is a senior research fellow at the Wuppertal Institute of Climate, Environment and Energy. He has long been active in the German and Italian green movements and is currently Chair of the Board of Greenpeace in Germany. He is the author of For Love of the Automobile: Looking Back into the History of Our Desires, the editor of the immensely influential Development Dictionary: A Guide to Knowledge as Power, and the co-author of Greening the North: A Post-Industrial Blueprint for Ecology and Equity, which goes beyond critique to envisage concrete alternatives and feasible processes for social transition. More recently still, he is the author of Planet Dialectics: Explorations in Environment and Development and, in the role that occasioned this interview, a co-author of the lead chapter of the Third Assessment Reports Working Group 3 report. Working Group 3, of course, focuses on mitigation, and its first chapter contains the TARs most explicit discussion of equity.

>This is a long interview, but it barely scratches the surface of the issues. Continue reading “The EcoEquity Interview: Wolfgang Sachs”

4P or not 4P

When the administration of Bush II decided that it wasn’t going to regulate CO2 emissions in the electric utility sector, it also postponed an important debate over the form those regulations will ultimately take, a debate with key implications for climate equity. The “4P” (four pollutant) legislation that Bush preemptively vetoed would have required rules to allocate a fixed carbon emission cap among utilities. A significant controversy had already emerged among environmental organizations over how this might be done, and this debate should not be forgotten. Continue reading “4P or not 4P”

HELLO WORLD! Climate Equity Observer: Issue number 1

This is the first issue of Climate Equity Observer.

Its purpose, since you asked, is to put a single idea onto the agenda. To wit: if we hope to make a soft landing in a tolerable future climate, we’re going to have to shift from the initial Kyoto framework to a new “equity framework” based on equal per capita rights to the atmosphere. This idea is already on the table in most of the rest of the world. We want to put it on the agenda in the United States. Continue reading “HELLO WORLD! Climate Equity Observer: Issue number 1”

Adequacy and Equity: Three Focal Questions

By Stephen Bernow and Sivan Kartha

Note: Steve Bernow, a former EcoEquity Board Member, was the head of the Tellus Institute’s Energy Department. This is one of his last essays, written with Sivan Kartha of the Stockholm Environment Institute shortly before his unexpected death on July 5th, 2003. He is missed.

This paper asks three questions that are focal to devising an effective climate protection regime. The first two questions – What is “adequacy” and What is “equity” – arise from the observation that both adequacy and equity are necessary features of an effective and politically acceptable international climate regime: Continue reading “Adequacy and Equity: Three Focal Questions”