Climate Letter #528

The spotlight on India keeps getting brighter.  Here is a good update on what that means as the Paris conference approaches.  In a nutshell, if India is going to accomplish its legitimate modernization goals, and do so without burning ruinously enormous amounts of coal, the outside world is going to be called upon to provide heroic levels of assistance, not unlike the old Marshall Plan.  And of course such an effort would not necessarily have reason to stop at the borders of India.  The challenges will be difficult indeed.

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Saudi Arabia has officially joined the fight against climate change.  The world’s biggest oil producer is no longer a holdout from making a climate pledge, nor is it an antagonist to the proceedings in Paris.  This further isolates the few remaining nations—and lesser political factions—that still choose to be uncooperative.
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Carbon tax proposals are on the way.  In the US a number of states will soon have them either enacted or on a ballet.  There is no doubt that such taxes would help to quickly reduce emissions.  The main question concerns what to do with the proceeds.  Plans for redistribution make the most sense, but such plans must somehow guarantee that everyone will come out ahead, or at least even, except for those who are the biggest consumers of fossil fuel energy.  The tax would be felt by even the poorest of the poor, like homeless persons, thus requiring very creative plans of compensation.  Reducing personal emissions would easily result in a type of benefit immediately available to everyone, rich and poor alike.
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Technological progress and the economics of energy storage.  This is how the big picture looks, by a noted author and futurist.  Aside from technology, he reminds us of how much unit costs always decline simply as a result of engineering massively higher rates of production.  The outlook after 15-20 years is exceedingly bullish.
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An update on offshore sources of energy, both wind and tidal.  Substantial progress keeps being reported, almost assuring an important place for both of these in the clean energy future. .
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The amazing capabilities of graphene technology.  The latest developments will give a major boost to the renewable energy revolution on several fronts.  Here are some of the details relevant to solar panels and electricity storage devices.
Carl

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