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	<title>Comments on: Must read IEA report, Part 1: Act now with clean energy or face 6°C warming. Cost is NOT high &#8212; media blows the story</title>
	<atom:link href="http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-energy-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/feed/" rel="self" type="application/rss+xml" />
	<link>http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-energy-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/</link>
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		<title>By: Ric Merritt</title>
		<link>http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-energy-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14229</link>
		<dc:creator>Ric Merritt</dc:creator>
		<pubDate>Tue, 10 Jun 2008 04:09:39 +0000</pubDate>
		<guid isPermaLink="false">http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-tech-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14229</guid>
		<description>In all the parry and thrust, which I confess I only skimmed, unless I missed it Roger never answered Joe&#039;s must fundamental point, which is that Roger always sounds as if he wants to delay action.

As I have commented before, the clear responsibility of someone in Roger&#039;s position of no little influence, is constant, unremitting, passionate advocacy of avoidance of dangerous human interference in the climate, providing of course that he believes such interference is likely.  If he doesn&#039;t believe that, he should be honest and let us know that he is at odds with nearly every respectable climate scientist.  If he believes it, and fails the advocacy test, he&#039;s a delayer 1000 in my book.</description>
		<content:encoded><![CDATA[<p>In all the parry and thrust, which I confess I only skimmed, unless I missed it Roger never answered Joe&#8217;s must fundamental point, which is that Roger always sounds as if he wants to delay action.</p>
<p>As I have commented before, the clear responsibility of someone in Roger&#8217;s position of no little influence, is constant, unremitting, passionate advocacy of avoidance of dangerous human interference in the climate, providing of course that he believes such interference is likely.  If he doesn&#8217;t believe that, he should be honest and let us know that he is at odds with nearly every respectable climate scientist.  If he believes it, and fails the advocacy test, he&#8217;s a delayer 1000 in my book.</p>
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		<title>By: Finnjor</title>
		<link>http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-energy-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14226</link>
		<dc:creator>Finnjor</dc:creator>
		<pubDate>Tue, 10 Jun 2008 03:33:33 +0000</pubDate>
		<guid isPermaLink="false">http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-tech-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14226</guid>
		<description>Don´t be stupid and forget the potential energy of the Greenland and Antarctic ice masses.

100 million Twh in Greenland and 1000 million Twh in the Antarctica.

In any case the bushian BAU melts these icemasses into the high sea and you find yourselves drowned and so on. Take the ice and ship it for fresh water around the world. Energy and water and no climate catastrophe any more.</description>
		<content:encoded><![CDATA[<p>Don´t be stupid and forget the potential energy of the Greenland and Antarctic ice masses.</p>
<p>100 million Twh in Greenland and 1000 million Twh in the Antarctica.</p>
<p>In any case the bushian BAU melts these icemasses into the high sea and you find yourselves drowned and so on. Take the ice and ship it for fresh water around the world. Energy and water and no climate catastrophe any more.</p>
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		<title>By: NewYorkJ</title>
		<link>http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-energy-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14215</link>
		<dc:creator>NewYorkJ</dc:creator>
		<pubDate>Tue, 10 Jun 2008 02:24:08 +0000</pubDate>
		<guid isPermaLink="false">http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-tech-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14215</guid>
		<description>Thinking out loud here...what are the cost savings of reducing oil demand to 27% of today&#039;s levels, as the study indicates would happen by 2050?  Global oil demand is 83 million barrels per day or about 30 billion barrels per year.  IEA forecasts a 70% increase per business-as-usual or about 51 billion barrels per year.  &quot;27% less than today&quot; would be about 22 billion barrels per year with savings of 29 billion barrels per year.  At $150 per barrel we&#039;re looking at $4.35 trillion per year saved on fuel costs alone but that of course very naively assumes price will be the same at hugely varying levels of demand.  More realistic approaches would estimate the cost at a higher price per barrel at business-as-usual demand than the Blue scenario demand.

A similar analysis could be done with coal and natural gas.  While capital costs (initial investments) are high with renewables and nuclear, fuel costs make up a much higher proportion of costs for fossil fuel power plants.  Nuclear fuel is lower in cost and renewables are essentially free.</description>
		<content:encoded><![CDATA[<p>Thinking out loud here&#8230;what are the cost savings of reducing oil demand to 27% of today&#8217;s levels, as the study indicates would happen by 2050?  Global oil demand is 83 million barrels per day or about 30 billion barrels per year.  IEA forecasts a 70% increase per business-as-usual or about 51 billion barrels per year.  &#8220;27% less than today&#8221; would be about 22 billion barrels per year with savings of 29 billion barrels per year.  At $150 per barrel we&#8217;re looking at $4.35 trillion per year saved on fuel costs alone but that of course very naively assumes price will be the same at hugely varying levels of demand.  More realistic approaches would estimate the cost at a higher price per barrel at business-as-usual demand than the Blue scenario demand.</p>
<p>A similar analysis could be done with coal and natural gas.  While capital costs (initial investments) are high with renewables and nuclear, fuel costs make up a much higher proportion of costs for fossil fuel power plants.  Nuclear fuel is lower in cost and renewables are essentially free.</p>
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		<title>By: NewYorkJ</title>
		<link>http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-energy-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14207</link>
		<dc:creator>NewYorkJ</dc:creator>
		<pubDate>Tue, 10 Jun 2008 01:17:15 +0000</pubDate>
		<guid isPermaLink="false">http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-tech-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14207</guid>
		<description>&quot;None of this is an argument against action, but it is an argument against misleading people with rosy scenarios — if $45 trillion can be called “rosy”.&quot;

I would say throwing out &quot;$45 trillion&quot; without explaining what it means as is nicely done here is pretty misleading, as is failing to account for the tremendous economic benefit that will offset most of the initial investment, independent of the long-term economic benefit of global environmental protection.  It&#039;s also not a rosy scenario to assume strong technological advancement over decades, especially when signficant market incentives are introduced and R&amp;D is ramped up significantly.  Progress under these market environments may be underestimated.</description>
		<content:encoded><![CDATA[<p>&#8220;None of this is an argument against action, but it is an argument against misleading people with rosy scenarios — if $45 trillion can be called “rosy”.&#8221;</p>
<p>I would say throwing out &#8220;$45 trillion&#8221; without explaining what it means as is nicely done here is pretty misleading, as is failing to account for the tremendous economic benefit that will offset most of the initial investment, independent of the long-term economic benefit of global environmental protection.  It&#8217;s also not a rosy scenario to assume strong technological advancement over decades, especially when signficant market incentives are introduced and R&amp;D is ramped up significantly.  Progress under these market environments may be underestimated.</p>
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		<title>By: David B. Benson</title>
		<link>http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-energy-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14196</link>
		<dc:creator>David B. Benson</dc:creator>
		<pubDate>Mon, 09 Jun 2008 21:38:35 +0000</pubDate>
		<guid isPermaLink="false">http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-tech-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14196</guid>
		<description>Roger Chittum --- Indeed the &#039;cost&#039; is something around 1% of the world&#039;s GDP.  Fortunately, the is the so-called multiplier effect, so it is not as if the 1% is simply thrown away.

A more serious concern is who is to bear these costs.  Cann&#039;t be those trying to live on $1--2 per day.</description>
		<content:encoded><![CDATA[<p>Roger Chittum &#8212; Indeed the &#8216;cost&#8217; is something around 1% of the world&#8217;s GDP.  Fortunately, the is the so-called multiplier effect, so it is not as if the 1% is simply thrown away.</p>
<p>A more serious concern is who is to bear these costs.  Cann&#8217;t be those trying to live on $1&#8211;2 per day.</p>
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		<title>By: Roger Chittum</title>
		<link>http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-energy-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14191</link>
		<dc:creator>Roger Chittum</dc:creator>
		<pubDate>Mon, 09 Jun 2008 20:03:15 +0000</pubDate>
		<guid isPermaLink="false">http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-tech-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14191</guid>
		<description>I&#039;ll take this as a response to the cost concerns I expressed in comments on your earlier post.  http://climateprogress.org/2008/06/02/the-self-limiting-future-of-nuclear-power-part-1/feed/
IF the required cost is something like 1% of GDP, that&#039;s eminently affordable.  After all, total energy costs have increased by way more than that in the last year.</description>
		<content:encoded><![CDATA[<p>I&#8217;ll take this as a response to the cost concerns I expressed in comments on your earlier post.  <a href="http://climateprogress.org/2008/06/02/the-self-limiting-future-of-nuclear-power-part-1/feed/" rel="nofollow">http://climateprogress.org/<span style="font-size: 1px;"> </span>2008/<span style="font-size: 1px;"> </span>06/<span style="font-size: 1px;"> </span>02/<span style="font-size: 1px;"> </span>the-self-limiting-future-of-nuclear-power-part-1/<span style="font-size: 1px;"> </span>feed/<span style="font-size: 1px;"> </span></a><br />
IF the required cost is something like 1% of GDP, that&#8217;s eminently affordable.  After all, total energy costs have increased by way more than that in the last year.</p>
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		<title>By: paulm</title>
		<link>http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-energy-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14182</link>
		<dc:creator>paulm</dc:creator>
		<pubDate>Mon, 09 Jun 2008 17:59:11 +0000</pubDate>
		<guid isPermaLink="false">http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-tech-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14182</guid>
		<description>Lou Grinzo Said:
..... that money doesn’t just get poured down a rat hole. It goes into the economy where it pays wages, and those workers then spend the money on other things, providing an overall boost to the economy. ......

This is one of the problems we don&#039;t seem to want to accept. Consumerism will always (for the foreseeable future) generate by products that are not good for the environment. Unless we step down a large notch in our standard of living, based on &#039;a material world&#039; then were suckered. Things are coming to a head here because we are reaching the limit of available resources base on our current population, technology and intellect.</description>
		<content:encoded><![CDATA[<p>Lou Grinzo Said:<br />
&#8230;.. that money doesn’t just get poured down a rat hole. It goes into the economy where it pays wages, and those workers then spend the money on other things, providing an overall boost to the economy. &#8230;&#8230;</p>
<p>This is one of the problems we don&#8217;t seem to want to accept. Consumerism will always (for the foreseeable future) generate by products that are not good for the environment. Unless we step down a large notch in our standard of living, based on &#8216;a material world&#8217; then were suckered. Things are coming to a head here because we are reaching the limit of available resources base on our current population, technology and intellect.</p>
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		<title>By: John Mashey</title>
		<link>http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-energy-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14181</link>
		<dc:creator>John Mashey</dc:creator>
		<pubDate>Mon, 09 Jun 2008 17:45:04 +0000</pubDate>
		<guid isPermaLink="false">http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-tech-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14181</guid>
		<description>Just to make sure, and a question:
I assume the full report is &lt;a href=&quot;http://www.iea.org/w/bookshop/add.aspx?id=330&quot; rel=&quot;nofollow&quot;&gt;here, 100 Euros paper, 80 Euros PDF.&lt;/a&gt;  At 650 pages, I may get paper :-)

Also, I wonder if you&#039;ve looked at &lt;a href=&quot;http://www.iea.org/w/bookshop/add.aspx?id=326&quot; rel=&quot;nofollow&quot;&gt;Promoting Energy Efficiency Investments -- Case Studies in the Residential Sector, 324 pages&lt;/a&gt;, which also looked interesting.</description>
		<content:encoded><![CDATA[<p>Just to make sure, and a question:<br />
I assume the full report is <a href="http://www.iea.org/w/bookshop/add.aspx?id=330" rel="nofollow">here, 100 Euros paper, 80 Euros PDF.</a>  At 650 pages, I may get paper <img src='http://climateprogress.org/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
<p>Also, I wonder if you&#8217;ve looked at <a href="http://www.iea.org/w/bookshop/add.aspx?id=326" rel="nofollow">Promoting Energy Efficiency Investments &#8212; Case Studies in the Residential Sector, 324 pages</a>, which also looked interesting.</p>
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		<title>By: Roger Pielke, Jr.</title>
		<link>http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-energy-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14179</link>
		<dc:creator>Roger Pielke, Jr.</dc:creator>
		<pubDate>Mon, 09 Jun 2008 17:34:32 +0000</pubDate>
		<guid isPermaLink="false">http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-tech-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14179</guid>
		<description>Joe-

You continue to show that you do not understand the meaning of a BASELINE scenario.  The numbers that are provided in the report (or by you) do not add up to reductions of 53 GtCO2. Consider:

*Solar makes almost no contribution to the BASELINE (p. 367) [Once again by including solar in the BASELINE you confuse the BASELINE and MITIGATION scenarios]

*Wind contributes 2% to the BASELINE (p. 343), and thus cannot by definition provide a large contribution to reductions implicit in the BASELINE

*Nuclear increases by very little (1 TW/yr) (p. 284), and similarly cannot produce a large contribution to EI declines

*Assumed decreases in fuel use are exactly the problem -- they are just convenient assumptions, how will they occur separately from the ? (p. 428)  How will vehicle miles traveled be limited to a tripling as the global economy increases by a factor of 4?  Such assumptions are convenient, but they influence the conclusions in significant degree.

You have provided maybe 3-4 GtCO2 (1+ wedge) worth of reductions in your list above, even including the unsupported assumptions.  Is that enough?  No, it is not.  You need about 10-12 more wedges.  

When we are talking about the accuracy of a $45T price tag is it a waste of time to see if it is an accurate estimate?

It is amazing that you endorse the results of a report that (a) calls for a range of technological breakthroughs requiring massive new investments in RD&amp;D, (b) requires 90% penetration of fuel cell vehicles (for its $200/ton marginal cost estimate), (c) has 15 GtC of built-in wedges (but not explanation for the majority of these).</description>
		<content:encoded><![CDATA[<p>Joe-</p>
<p>You continue to show that you do not understand the meaning of a BASELINE scenario.  The numbers that are provided in the report (or by you) do not add up to reductions of 53 GtCO2. Consider:</p>
<p>*Solar makes almost no contribution to the BASELINE (p. 367) [Once again by including solar in the BASELINE you confuse the BASELINE and MITIGATION scenarios]</p>
<p>*Wind contributes 2% to the BASELINE (p. 343), and thus cannot by definition provide a large contribution to reductions implicit in the BASELINE</p>
<p>*Nuclear increases by very little (1 TW/yr) (p. 284), and similarly cannot produce a large contribution to EI declines</p>
<p>*Assumed decreases in fuel use are exactly the problem &#8212; they are just convenient assumptions, how will they occur separately from the ? (p. 428)  How will vehicle miles traveled be limited to a tripling as the global economy increases by a factor of 4?  Such assumptions are convenient, but they influence the conclusions in significant degree.</p>
<p>You have provided maybe 3-4 GtCO2 (1+ wedge) worth of reductions in your list above, even including the unsupported assumptions.  Is that enough?  No, it is not.  You need about 10-12 more wedges.  </p>
<p>When we are talking about the accuracy of a $45T price tag is it a waste of time to see if it is an accurate estimate?</p>
<p>It is amazing that you endorse the results of a report that (a) calls for a range of technological breakthroughs requiring massive new investments in RD&amp;D, (b) requires 90% penetration of fuel cell vehicles (for its $200/ton marginal cost estimate), (c) has 15 GtC of built-in wedges (but not explanation for the majority of these).</p>
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		<title>By: jcwinnie</title>
		<link>http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-energy-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14176</link>
		<dc:creator>jcwinnie</dc:creator>
		<pubDate>Mon, 09 Jun 2008 17:03:01 +0000</pubDate>
		<guid isPermaLink="false">http://climateprogress.org/2008/06/08/must-read-iea-report-part-1-act-now-with-clean-tech-or-face-6%c2%b0c-warming-cost-is-not-high-media-blows-the-story/#comment-14176</guid>
		<description>Jon,

Except for Jack Benny (Caveat: Comment requires cultural relevancy.)

jc</description>
		<content:encoded><![CDATA[<p>Jon,</p>
<p>Except for Jack Benny (Caveat: Comment requires cultural relevancy.)</p>
<p>jc</p>
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