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Stanford study finds current carbon capture technology inefficient & increases air pollution

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Even if you have 100 percent capture from the capture equipment, it is still worse, from a social cost perspective, than replacing a coal or gas plant with a wind farm because carbon capture never reduces air pollution and always has a capture equipment cost. —Mark Jacobson. efficient over 6 months, on average.

Pollution 271
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Seattle City Council passes resolution opposing transportation of coal through Seattle for export, measures for mitigating impact

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The Seattle City Council unanimously passed Resolution 31379 stating Seattle’s opposition to the transportation of coal through Seattle. There are currently four coal exports under permit review in the Northwest that collectively could increase US coal exports by 150 million tons of coal annually.

Seattle 260
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OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

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Tax rates were below the low-end estimate of climate costs (EUR 30/tCO 2 ) for 97% of emissions. The report found that the share of emissions taxed above climate costs increased from 46% in 2012 to 50% in 2015, and rates exceed €50 per tCO 2 for 47% of emissions in 2015, compared to 37% in 2012. of emissions.

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Study concludes abundant shale gas is neither climate hero nor villain; need for targeted GHG reduction policy

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They also found that abundant natural gas can, however, help reduce the costs of achieving GHG reduction goals. These questions include how shale gas will affect the national and global economy, local environments and communities, global energy markets, geopolitics, and more. —Newell and Raimi.

Climate 199
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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

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More frequent boom-bust cycles will harm consumers and producers recovering from COVID, set back UN Climate and Sustainable Development goals and threaten global security. The unprecedented level of uncertainty increases the risk profile of hydrocarbon investments and the cost of capital, reshaping investment decisions, the report states.

Price 416
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Baker Institute team says fossil fuel subsidies need global reform

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“There is evidence that fossil fuel subsidies are socially inequitable, that they encourage smuggling and waste, and distort economies in ways that undermine economic efficiency while harming the environment and the climate,” wrote Jim Krane, the Wallace S. Costs ranged from a low of 0.3%

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Stanford study quantifies energetic costs of grid-scale energy storage over time; current batteries the worst performers; the need to improve cycle life by 3-10x

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Benson from Stanford University and Stanford’s Global Climate and Energy Project (GCEP) has quantified the energetic costs of 7 different grid-scale energy storage technologies over time. The data revealed that all five battery technologies have high embodied-energy costs compared with pumped hydroelectric storage.