Why have nearly all attempts to price carbon failed, while targeted policies to achieve certain objectives, like phase out coal plants or increase wind and solar generation, succeeded? And how can we design climate policies that are truly effective?
In their new book, Making Climate Policy Work, Danny Cullenward and David Victor argue that policymakers and policy advocates rely too heavily on market forces to combat climate change, and instead should be focusing on smart, targeted industrial policy strategies aimed specifically at reducing greenhouse gases. Market-based climate policies are doing very little to reduce emissions today, they say, but with careful reforms, markets can be harnessed to help us make meaningful progress against the climate challenge.
In this episode we speak with one of the authors and try to distill a recipe for good climate policy from their book.
Methane (natural gas) is a greenhouse gas with a much more powerful warming effect than carbon dioxide, so finding and eliminating gas leaks is an important part of addressing the climate challenge. But until now, we’ve had poor information about gas leakage within cities, as well as how to correctly attribute the leakage all along the chain from well to consumer.
In this episode we discuss a study, The Gas Index, with two of its authors. It is the first study that has provided granular estimates for life cycle methane leakage for a large number of cities, and the first to draw together recent assessments of leakage within cities, including leakage that occurs within buildings. It shows that cities’ gas systems are leaking about 72% more than had been previously estimated by the EPA.
We also consider the role of natural gas in the energy transition, and some of the tradeoffs we will have to consider as we deal with the problem of methane leakage.
Is it possible to decarbonize the economy of the United States, and get to net-zero emissions by 2050? A team of researchers from 15 countries who are part of the Deep Decarbonization Pathways Project think so, based on their deep modeling of the US economy as part of the UN Sustainable Development Solutions Network (SDSN). We introduced this work at a high level in Episode #129, during our conversation with Dr. Jeffrey Sachs, the Director of the SDSN. In this episode, we take a deep dive into the modeling itself with one of the modelers involved in the project. We’ll look at the specific energy technologies, devices, and grid management strategies that will make decarbonization by 2050 possible, and see why they think that decarbonizing the US is not only achievable by 2050, but practical, and very, very affordable.
Veteran energy researcher Jonathan Koomey rejoins us for another anniversary show! In this episode we talk about California’s new plan to obtain 100% carbon-free power; the potential for “peak gas” as utility-scale solar-plus-storage and wind plants beat gas on price in the US; the outlook for nuclear power in the West; how to know when the numbers you’re seeing aren’t right, and how to understand data; and the degree to which energy transition can help us stay below 2 degrees C of warming. We also discuss some of the confusing issues with energy data and how that influences our forecasts for primary energy consumption, and we’ll talk about the future need for climate modeling. It’s a wide-ranging, fast-paced romp through all sorts of geeky energy topics that definitely deserves its Geek Rating!
Modeling the future of our climate is a complex task that not too many people understand. What do we know about how the Intergovernmental Panel on Climate Change (or IPCC) modeling actually works? Why has the modeling community decided to model emissions separately from socioeconomic scenarios? When we hear that the RCP8.5 emissions scenario is considered a “business as usual” scenario, what assumptions are we making about all that business? And are those assumptions reasonable? Is there a climate scenario that represents an optimistic view of energy transition over the coming decades? And if so, what does it assume about the energy technologies that we will switch away from, and switch to?
These and many other questions are answered in this two-hour discussion on emissions modeling by an expert climate modeler from the National Center for Atmospheric Research (NCAR), who co-chairs the working group on future scenarios for impacts, adaptation and vulnerability indicators of the International Committee On New Integrated Climate Change Assessment Scenarios. It’s a wonktastic deep dive into an esoteric subject… and it just may leave you feeling a lot more hopeful about the prospects for energy transition, and for our planet.
When we hear about the emissions scenarios used in the Intergovernmental Panel on Climate Change (IPCC) reports, do we really understand what they’re assuming about future fossil fuel combustion? And what do these emissions scenarios imply about the steps needed to achieve climate policy goals and decarbonize our energy system? For example, when you hear about the worst-case warming scenario known as RCP8.5, do you know that it is based on projections for a 10-fold increase in global coal consumption through the end of this century? Or that many of the estimates of future fossil fuel combustion in these scenarios are based on very old assumptions about how the energy system could develop in the future? And how can we square scenarios like these with our contemporary reality, in which coal is in decline and the world is turning to renewables because they have become the cheapest options for generating power? How should we actually think about the influence that the global energy system will have on the climate over the next century? In this fifth part of our mini-series on climate science, researcher (and Energy Transition Show producer) Justin Ritchie helps us understand what the IPCC scenarios really mean, and how they can be improved to offer better policy guidance.