The Economics of Climate Change Mitigation: Policies and Options for Global Action Beyond 2012

4:16 PM Reporter: Baris Sanli 0 Responses
Against the background of a projected doubling of world greenhouse gas emissions by mid-century, this book explores feasible ways to abate them at least cost. Through quantitative analysis, it addresses key climate policy issues:
What would an ideal set of climate policy tools look like?
How large are the economic and environmental costs of incomplete country or sector coverage of climate change mitigation policies? What are the pros and cons of policy tools to broaden that coverage, such as international sector-wide agreements or border-tax adjustments? What are the main challenges in incorporating a mechanism to reduce emissions from deforestation and forest degradation?
How can we concretely develop a global carbon market?
What is the case for, and what can we reasonably expect from, R&D and technology support policies?
How great are the incentives for major emitting countries to join a climate change mitigation agreement, in terms of the costs and benefits (including the co-benefits from reduced local air pollution and improved energy security) of action? How can they be enhanced? How can international transfers of resources and technologies broaden support for action?

http://www.oecd.org/document/56/0,3343,en_2649_34361_43705336_1_1_1_1,00.html

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Alternative Energy Myths

5:18 PM Reporter: Baris Sanli 0 Responses
  • it would take more than 400 years of biodiesel use to "pay back" the carbon emitted by directly clearing peat for palm oil
  • The grain it takes to fill an SUV tank with ethanol could feed a hungry person for a year;
  • first new U.S. reactor is only scheduled for 2017
  • average U.S. household now has 26 plug-in devices
  • Only 4 percent of the energy used to power a typical incandescent bulb produces light; the rest is wasted
  • China is expected to build more square feet of real estate in the next 15 years than the United States has built in its entire history, and it has no green building codes or green building experience.
  • modern American refrigerators use three times less energy than 1970s models

    Baris's note : such a shame : "we can subtract a coal-fired megawatt every time we add a wind-powered megawatt". Coal works 6500-7000 hours/year, where wind hardly sees 3000 hours/year. It's capacity factor!

http://www.foreignpolicy.com/articles/2009/08/12/seven_myths_about_alternative_energy?page=full

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A series of articles regarding oil reserves and prices

4:52 PM Reporter: Baris Sanli 0 Responses
Matthew Simmons' article is the most visited in FP's web site for a couple of days. Before reading his article, as he suggests, check the links in this paragraph:
"The four pieces were Pulitzer Prize-winning author Daniel Yergin's seven-page article in Foreign Policy, energy analyst Michael Lynch's three column op-ed in the New York Times, analyst Edward Morse's essay in Foreign Affairs, and scholar Amy Jaffe's paper published by the Baker Institute at Rice University." http://www.foreignpolicy.com/articles/2009/09/04/oil_spin?page=0,0

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Lies, Damn Lies and Chinese Lies

9:46 AM Reporter: Baris Sanli 0 Responses
Pretty interesting piece to read:
China's economy grew at an annualized 6.1 percent rate in the first quarter, and
7.9 percent in the second. Yet electricity usage, a key indicator in industrial
growth and a harder metric to manipulate, declined 2.2 percent in the first six
months of the year.

Ref:
http://www.foreignpolicy.com/articles/2009/09/03/how_china_cooks_its_books?page=0,1

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Energy Industry Photos

2:55 PM Reporter: Baris Sanli 0 Responses

There are really good energy photos at this link. Especially the blowouts



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Wireless Electricity Transmission

3:34 PM Reporter: Baris Sanli 0 Responses
A professor fed up with his wife's phone beeping for low battery came up with this idea, which is not very complex. It is charging by induction I guess. But there is a video and pdf file to see.
Video: http://www.ted.com/talks/eric_giler_demos_wireless_electricity.html?CNN=YES
PDF: http://www.witricity.com/pdfs/4.0_home_news_2008_03-04.pdf

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Coal to Natural Gas

11:09 AM Reporter: Baris Sanli 0 Responses

The equation is simple but the process is in its early stages. They have made a demo project, and now they are heading for commercialization. Great Point Energy can convert coal to methane that is the biggest component of natural gas that we use at home.

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Predicting the bubble bursts

11:03 AM Reporter: Baris Sanli 0 Responses

On June 14th 2009, a blog claimed Shangai Composite index to collapse between 17th July-27th July. It didn't happen. But the bubble burst after a week. Swiss scientist claims they have a mechanism to capture the inflating bubbles.

Ref:
http://www.technologyreview.com/blog/arxiv/24023/?nlid=2294
http://www.technologyreview.com/blog/arxiv/23839/#comment-212835
http://arxiv.org/abs/0907.1827
http://www.er.ethz.ch/fco/

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Two discussions. Thoughts for active minds

5:58 PM Reporter: Baris Sanli 0 Responses
Two discussions

1. Very classic discussion topic but quite a debate mainly about world's carrying capacity.
There are two main arguments.
a.The collapse of civilisation will bring us a saner world, Paul Kingsnorth. (Collapse )
b.No, counters George Monbiot – we can't let billions perish (Human wisdom will save us)
You can read this from here.

2. Alternative to banking systems?: Web based lending and borrowing services such as Zopa described as

"a website that describes itself as a place "where people meet to lend and borrow money … sidestepping the banks". The idea is pretty simple. Someone who has money to spare goes online, says how much he's ready to lend and at what rate of interest – and waits for would-be borrowers to take him up on his offer. If both sides are happy – and Zopa stands for the negotiating term "zone of possible agreement" – then the deal goes ahead. Quite a few of them, as it happens: Zopa has now facilitated £50m worth of loans, from one ordinary Briton to another"

Reason? Quite simple according to article : " it turns out that nine of those banks who between them trousered $175bn of the American public's money in bailout funds – have fallen back into their old habits: last year they paid their top staff $32.6bn in bonuses."


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