In a very short time – years or at most decades – humans will look back at our spewing of carbon pollution into the atmosphere with the same disgust and disbelief that we now look back on people in the middle ages in Europe who dumped their raw sewage into the streets. Here’s a recent video that makes tangible the carbon emissions that New York City spews out every day:
The good news is that Hurricane Sandy may have started a new discussion in the U.S. on climate change in general, and pricing carbon pollution in particular (sadly, in Canada we are lagging far behind. Our current federal government is intent on dragging us back into the 20th Century):
- Speaking to Bloomberg News, oil and gas giant Exxon reiterated its support for a carbon tax yesterday. A spokeswoman for the company said that the tool could “play a significant role in addressing the challenge of rising emissions.” Click here to read full article.
- The right wing American Enterprise Institute recently held a day-long conference on pricing carbon: Yesterday, the American Enterprise Institute hosted a conference to talk about anything and everything related to the economics of carbon taxes. Normally, a full-day conference with more than a dozen speakers on a tax issue in DC will be lucky to get more than a few dozen attendees, even with a free lunch. Carbon taxes, though, are different. The enthusiasm for this issue is such that there were over 200 attendees, many of whom stood for half the day.
What makes carbon taxes different? Simply put, people across the political spectrum now know that putting a price on carbon is an indispensable tool for dealing with our climate and budget problems, and that a carbon tax is the most politically viable path forward. This dynamic has created an exciting amount of momentum that now needs to be turned into policy. Read more on ThinkProgress.
- This week, in an open letter, a coalition of the world’s largest investors (responsible for managing $22.5 trillion in assets) called on governments on Tuesday to ramp up action on climate change and boost clean-energy investment or risk trillions of dollars in investments and disruption to economies. They said rapidly growing greenhouse gas emissions and more extreme weather were increasing investment risks globally.
- The World Bank – now headed by a scientist, for the first time ever – released a report this week calling for urgent action on climate change. “Turn Down the Heat: Why a 4°C Warmer World Must be Avoided,” warns we’re on track for a 4°C warmer world marked by extreme heat-waves, declining global food stocks, loss of ecosystems and biodiversity, and life-threatening sea level rise.
- On the good news front – the Tesla Model S won the 2013 Car of The Year award, the first electric car to win in the 60 year history of the award! Read more. Also under the heading of “good news”, Harvard Students have voted to support their university’s divestment from the fossil fuel industry (read more).
It feels like we’re on the edge of a paradigm shift. What do you think?