A carbon tax addresses future emissions but does little about the committed warming from past emissions. Questions about a carbon tax include the speed of its effect on temperature, and the risk, shared with all climate measures, of political delay. Committed warming is already big, and can only be removed by the combination of solar reflection and carbon removal. Taxing carbon does nothing to remove the four Hiroshima bomb equivalents per second of heat that we have been adding to the planet, but only stops future heat. Getting rid of that timebomb of stored heat requires geoengineering. Unfortunately, the USA has just vetoed UN analysis of geoengineering status.Harry Marks wrote:I voted for a carbon tax because it brings all the others in its wake.
I would like to see carbon taxes introduced alongside what you call central decisions. Using the moon shot and atom bomb models, governments have a key role in directly mobilising resources to prevent warming as a security emergency. The oil and gas industry has to be forced to invest in carbon removal and direct cooling, and it is likely that such investment could only occur as a deductible against a carbon tax.Harry Marks wrote: Robert makes a cogent argument that removing carbon is needed, but a reasonable carbon tax will create incentives to remove carbon, and thus, as usual in economic policy, recognizing reality in the form of prices will motivate many smart and effective people in a way that central decisions will not.
The idea of atoning for sin by ending an extractive mentality is far too superficial. It is true that the attitude that assumes resources are infinite is morally evil, and has no place in the circular economy of the future in which all waste must be seen as the basis of new assets. However, the transformation of metal from ore to technology is the basis of civilized wealth, and ongoing investment is necessary for metal exploration and extraction, if not for fossil fuel exploration.Harry Marks wrote:Likewise, many environmentalists argue that we need to learn to be at one with our environment and quit with the extractive mentality. All well and good, I say, but until the revolution has come, do we have to have a scorched earth as the price for people's slow response?
In fact, the pent-up destruction caused by committed warming is already incompatible with ongoing global stability, so must be defused as a matter of urgent priority. This destruction is already scientifically undeniable, so there is no excuse for delay on geoengineering, which is the only way to defuse it.Harry Marks wrote: The pent-up destruction is already almost unbearable, and if we recognize that it will be twice as bad by the time it is undeniable and obviously urgent, then putting our faith in a radical change in culture just looks like eco-cide.
Your point about “faith in a radical change in culture” is highly complex. Geoengineering research and development can proceed in a way that is decoupled from any radical social change, addressing climate as a purely technical problem. However, the barriers to approving such technical investment are cultural, and will only be overcome through political analysis, including discussion of radical change in culture.
Emission reduction equally involves a faith in a radical change in culture, with the dubious assumption that social engineering is easier than mechanical engineering. I would like to see real engineers tasked to get on with research on saving the planet with all technical options properly addressed, without holding that process hostage to any social theories.
Failure to agree on climate action illustrates how the emission reduction hypothesis of decarbonisation involves dubious political assumptions which have generated a massive backlash including the election of Trump. I think it is essential to partly separate climate politics from hostility to conservative social and economic values, in order to work in partnership with corporate capitalism, aiming for a bipartisan approach. That may involve an easing of pressure for emission reduction, if it can be proven that carbon removal does the same job better. Carbon tax can be minimised through a shift of corporate investment focus to geoengineering deployment. I see that as the model to provide market incentives to fix the climate.Harry Marks wrote: We have a lot of experience to show that corporate capitalism can work wonders to clean the environment, but will only do so if the incentives are present. Yet so far we have done close to zilch to provide such incentives.
There is an element of walking and chewing gum here. Debate about social values for a circular economy can occur alongside the industrial investment that will actually fix the climate.Harry Marks wrote: Why waste breath haranguing individuals to change their wicked ways when the really efficient changes require large-scale coordinated technical efforts, rather than goodness of consumers' hearts? (Invisible hand, and all that.)
Very true. I continue to advocate what I call the Seven F benefits of large scale ocean based algae production – food, fuel, feed, fertilizer, fish, forests and fabric - aiming to make carbon removal the major new profitable industry of this century. All these products and more involve converting carbon from waste to asset. A high carbon economy can set a trajectory to regulate planetary temperature by mining carbon from the air.Harry Marks wrote: Among the many forecastable effects of incentives would be serious efforts to remove carbon, and probably some pretty efficient measures to use it commercially.
The Deputy Governor of the Reserve Bank of Australia, Guy Debelle, gave quite a good speech last week on recognising climate trends - Climate Change and the Economy.