Remove Climate Remove Cost Of Remove Ozone
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UN report projects that increasing use of HFCs likely to have a significant climate impact by 2050; equivalent to current total annual emissions from transport

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The decrease in CO 2 equivalent emissions of ODSs (ozone-depleting substances: CFCs, halons, HCFCs, and others) may be offset by the projected increase in their non-ozone depleting substitutes (HFCs) (lines designated as HFC scenarios). The contribution of HFCs to climate forcing is currently less than 1% of all greenhouse gases.

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European Parliament calls for fast action to cut non-CO2 climate forcers

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The European Parliament is calling for fast action to reduce non-CO 2 climate forcers including black carbon soot, hydrofluorocarbons (HFCs), methane, and ground-level ozone, which together are responsible for nearly half of climate forcing. Even cutting CO 2 emissions to zero today will not produce cooling for a thousand years.

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National Academies Report Examines Hidden Cost of Energy Production and Use in US; Estimates $120B in 2005

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Health and other non-climate damages by life-cycle component for different combinations of fuels and light-duty automobiles in 2005 (top) and 2030 (bottom). Source: “Hidden Costs of Energy”. Source: “Hidden Costs of Energy”. Climate-related monetary damages range from 0.1 Damages are expressed in cents per VMT (2007 USD).

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Study suggests cap and trade programs do not provide sufficient incentives for energy technology innovation; implications for climate policy

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Policies incentivizing the private sector to push to develop innovative “clean” technologies are likely to play a key role in achieving climate stabilization. Respectively, Title IV of the 1990 Clean Air Act and the Ozone Transport Commission/NO x Budget Program.). c personnel and organizational innovative capacity. —Taylor 2012.

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UK Awards 1.6M to Project Investigating Stratospheric Particle Injection for Climate Engineering

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From: Geoengineering the Climate (2009) Click to enlarge. million) in funding to the project SPICE (Stratospheric Particle Injection for Climate Engineering). The report did note, however, that there are some serious questions over adverse effects with this method, particularly depletion of stratospheric ozone. Earlier post.).

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MIT study finds air quality co-benefits of US carbon policies can significantly offset costs, depending upon the policy

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The human health benefits associated with improvements in air quality related to the reduction in greenhouse gas emissions improvements can offset 26–1,050% of the cost of US carbon policies, depending upon the type of policy, according to a new study by a team from MIT. times the cost of implementing a cap-and-trade program.

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California ARB issues official notification for Feb GHG allowance auction

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Earlier in December, ARB announced that the American Carbon Registry and the Climate Action Reserve had been formally approved as offset project registries to help evaluate compliance-grade carbon offsets under California’s cap-and-trade program. The] announcement marks an important milestone in the progress of California’s climate program.