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Taking Development and Emission Reduction Seriously

by Elizabeth A. Stanton • November 16, 2011 @ 2:12 pm

As negotiators come together in Durban, South Africa, to discuss the fate of international climate policy, the balance between poverty reduction and emissions reduction is sure to be one of the most contentious issues. Economic growth in developing countries is likely to mean growing per capita emissions, though the increase can be limited by investment in low-carbon technologies. Climate policies will require diverting some spending away from other priorities, though policy can be designed so this burden does not fall on low-income countries. The twin goals of preventing dangerous climate change and fostering development don’t have to be incompatible. If economic development is swept under the table, however, they surely will be.

Proposed climate policies are usually described in terms of reductions from the “business-as-usual” emissions that would be expected in the absence of any new policy. The size of projected business-as-usual emissions depends first and foremost on how fast each national economy will grow – the faster the expected growth, the higher the “no-policy” emissions. If we are optimistic about future growth, then business-as-usual emissions are high, and very steep emission reductions will be necessary to avoid dangerous climate change. If, on the other hand, we are pessimistic and expect widespread poverty to persist into the 22nd century, then business-as-usual emissions are lower, and required emissions reductions are far more moderate. (more…)

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Jobs, and Clean Air Too

by Elizabeth A. Stanton • September 12, 2011 @ 5:26 am

This post originally appeared on the Triple Crisis Blog.

What’s good for job growth, good for the environment, and good for public health? No, it’s not a trick question, but it is a reassessment of what passes for conventional wisdom in Washington these days. The answer is the Clean Air Act, the Clean Water Act, and other enormously popular environmental regulations enacted in the 1960s, 70s and 80s with strong bipartisan support.

Let’s start with the conventional wisdom. House Majority Leader Eric Cantor recently called for the repeal of ten “job-destroying” regulations, calling them “costly bureaucratic handcuffs that Washington has imposed upon business people who want to create jobs.” On the list are regulations that limit air pollution, maintain the ozone layer, curtail greenhouse gas emissions, and prevent contaminants from entering ground water. (Also on the chopping block: labor standards and health benefits.) The rationale behind the proposed repeal of these important environmental regulations is somewhat baffling, but here’s an example to try to sort it out.

The Environmental Protection Agency’s (EPA) new regulation of space-heating boilers would, according to Cantor, impose, “billions of dollars in capital and compliance costs.” The question is, where do those billions of dollars go? If we are to believe the Majority Leader, this money is flushed down the proverbial toilet. Its only impacts are to raise the costs of goods and services, and to put hundreds of thousands of jobs at risk (presumably, employers – cash strapped after flushing all that money – would have to fire workers to make ends meet). Environmental regulation, we are told, is nothing but a burden both to business and labor. (more…)

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Facing Up to the Real Cost of Carbon

by Elizabeth A. Stanton • July 21, 2011 @ 10:53 am

This post by Frank Ackerman and Elizabeth A. Stanton is cross-posted on Triple Crisis.

Your house might not burn down next year. So you could probably save money by cancelling your fire insurance.

That’s a “bargain” that few homeowners would accept.

But it’s the same deal that politicians have accepted for us, when it comes to insurance against climate change. They have rejected sensible investments in efficiency and clean energy, which would reduce carbon emissions, create green jobs, and jumpstart new technologies – because they are too expensive.

While your house might not burn down, your planet is starting to smolder. Extreme weather events are becoming more common, and more expensive: in the first half of 2011, Mississippi River floods cost us between $2 and $4 billion, while the ongoing Texas drought has cost us between $1.5 and $3 billion, according to the National Climatic Data Center. And there’s much worse to come: climate-related extremes are already forcing millions of people from their homes worldwide; ice sheets and glaciers are melting much faster than expected; the latest research shows we are rapidly heading for summer temperatures at which crop yields in America will start to plummet. (more…)

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