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Climate change: IPCC report is 'code red for humanity'

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Re: Climate change: IPCC report is 'code red for humanity'

#871
post #821

If anyone actually believed it was "code red for humanity" they'd be pushing nuclear power. There is zero chance of moving off carbon energy sources without causing catastrophic mayhem, unless we use massive amounts of nuclear. For instance, the last 4 years my state has averaged 37% production of total possible installed wind generation capacity. This is a very windy state which is in the top 2 for installed wind ca…

While I agree Nuclear is the most probable solution it's not easy to build and fuel is very sparse. France who is leading the way is 100% depend on other countries, I'm not sure it will play well in the coming years > 85% of uranium is produced in six countries: Kazakhstan, Canada, Australia, Namibia, Niger, and Russia. And the second issue is to focus on electricity production, while there is a ton a other things cr…

Greatly reducing meat production, particularly beef and other ruminants, will have a smaller effect than many people expect. Even if we don't eat them, vast numbers of ruminants will still need to exist because they are a critical part of natural ecosystems.

Humans made space for their preferred ruminants, like beef, by displacing vast populations of other ruminants which have similar climate impact. I don't think most people fully appreciate just how large the natural population was before we started raising beef at scale. Even if we eliminated the beef herds, other ruminant species would immediately start filling the vacuum.

Re: Climate change: IPCC report is 'code red for humanity'

#872

Earlier quoted context omitted.

To me this makes so much sense. But when you look at the costs involved it's far cheaper and less risky to deploy 2x in renewables and a bunch of energy storage plus some gas plants and long distance transmission. New innovations in nuclear maybe have a chance to change this, but renewables are still getting cheaper so even if they succeed they must still beat the moving target. In another world where we had embraced…

Nuclear is able to compete on merit and has been forever, but we chose to create a legal environment in which one or two dedicated NIMBYs could stall a project indefinitely. That's the entire reason why "the economics aren't there." We aren't talking about costs of building a reactor or risk of it melting down, we're talking about the cost and risk of 1001 strategically sequential ground squirrel environmental impact…

It's not really the ahead of time NIMBY complaints but the potential for future liability shifts which existing plants will not be exempt from. A good number of plants constructed in the 60s and 70s hit their EOL (after getting a a bunch of lifetime extensions from governments) and then had their nice glittering warchest of profits eaten away by cleanup expenses (which sometimes exceeded the cash left in those contingency funds with the deficit falling on state & local governments). There have been issues with water contamination due to poor holding pool sealing and due to unforseen natural disasters.

Nuclear power requires millions in its initial investment. It has a not-insignificant profit margin over other power sources, but it also has a significant chance for large liabilities (more often due to changing laws than meltdowns). The result is an investment with an extremely high investment threshold (you don't build small nuke plants) with a decent short term prospect and a poor long term prospect that's extremely hard to get out of. This makes nuclear a really bad option for private investors when held up in comparison to tech and the like.

Meltdowns can happen and they're catastrophic but the bigger impediment is the unpredictable legal and fiscal liabilities involved. And, honestly, it's my personal opinion that a fair amount of these post-de-facto fiscal liabilities are extremely just and fairly applied - they're externalities we were ignoring decades ago.

This is a segment of the market where we need government funding and guarantees to get things done - and we should do so since nuclear is an extremely safe and clean option for power generation.

Re: Climate change: IPCC report is 'code red for humanity'

#873
post #833

Earlier quoted context omitted.

I've been saying this for years, but I finally get why "Just. Tax. It." doesn't work. The voters. They turn out in droves when it comes to taxes on something as visible as the price they pay at the pump or when it comes to the oil patch in Alberta. It's politically easier to create import duties or to go into debt and subsidize things. The level of taxation we need to stop a complete catastrophe is higher than people…

It seems like you could make it popular with a carbon dividend to every citizen. If you use less carbon than average, by god you make money ! But most times the tax is proposed, special interests on the left insist the revenue must be spent on & sink the whole effort.

Even when people propose this type of dividend it still doesn't usually work because the people that live in the cities already vote for the measures to curb climate change while the people that live in the sticks aren't going to see enough of a dividend to make up for the extra cost at the pump. Even allocating it by region (i.e., the taxes of a region go to paying for the dividend of the region, and there are larger dividends per person in a region with higher GHG taxes) don't work because too many people are retired or essentially non-commuting, and there are a host of issues around balancing out incentives. For example, a person may move across the street just to get a higher dividend.

Re: Climate change: IPCC report is 'code red for humanity'

#874
post #866
post #621

Just. Tax. It. We have warmed the earth because we love comfort and money. We will never stop loving those things. So instead let's use the same systems to fix this (or at least slow things down). As an individual my largest carbon impact is air travel. I like to go places, it's one of the main things I work to afford. Every single plane ticket I take should have a tax which is used to offset or capture the carbon em…

Taxation of carbon totally works. British Columbia has a $50/tonne tax, which increases the cost of unleaded gas by about CAD $0.996/L and natural gas by $0.0882/m^3 [1] Revenue from the tax goes into the government's general revenue, which allows BC to have among the lowest rate of income tax of any province in Canada. Meanwhile, BC has the highest rate of electrical vehicle purchasing in North America [2]. One stud…

The lower income tax actually offsets the premium I pay to live here vs other provinces. Or at least that's how it worked out when I had a job last March. The rent keeps coming, but the money ain't.

Re: Climate change: IPCC report is 'code red for humanity'

#875
post #194

Earlier quoted context omitted.

The inability of the US to pass a carbon tax will be one of humanities great tragedies. That they are the theoretical champions of the free market is just piling cruel irony on top of that.

It's not just US. Is there a real carbon tax anywhere at all?

British Columbia implemented one with redistribution of revenue to the population in 2008.

Canada implemented it at the federal level in 2018.

It is probably the closest implementation to the bill proposed to the congress this fall:

https://www.congress.gov/bill/117th-congress/house-bill/2307...

Re: Climate change: IPCC report is 'code red for humanity'

#876

If anyone actually believed it was "code red for humanity" they'd be pushing nuclear power. There is zero chance of moving off carbon energy sources without causing catastrophic mayhem, unless we use massive amounts of nuclear. For instance, the last 4 years my state has averaged 37% production of total possible installed wind generation capacity. This is a very windy state which is in the top 2 for installed wind ca…

To me this makes so much sense. But when you look at the costs involved it's far cheaper and less risky to deploy 2x in renewables and a bunch of energy storage plus some gas plants and long distance transmission. New innovations in nuclear maybe have a chance to change this, but renewables are still getting cheaper so even if they succeed they must still beat the moving target. In another world where we had embraced…

"Markets will allocate capital according to risks"

Like you know, the risk to end organised civilisation through climate change. Haha, funny

Re: Climate change: IPCC report is 'code red for humanity'

#877

If anyone actually believed it was "code red for humanity" they'd be pushing nuclear power. There is zero chance of moving off carbon energy sources without causing catastrophic mayhem, unless we use massive amounts of nuclear. For instance, the last 4 years my state has averaged 37% production of total possible installed wind generation capacity. This is a very windy state which is in the top 2 for installed wind ca…

> Those periods of near zero production can last non-trivial amounts of time no realistic battery could provide for.

Interestingly not the case. New Zealand is currently considering what would become the largest battery in the world, Lake Onslow.

Consisting of a giant artificial lake and hydro dam it could store ~12 terawatt-hours.

This would be enough to smooth over any variations in renewable load and remove the need for fossil fuel peaker plants.

Re: Climate change: IPCC report is 'code red for humanity'

#878
post #821

If anyone actually believed it was "code red for humanity" they'd be pushing nuclear power. There is zero chance of moving off carbon energy sources without causing catastrophic mayhem, unless we use massive amounts of nuclear. For instance, the last 4 years my state has averaged 37% production of total possible installed wind generation capacity. This is a very windy state which is in the top 2 for installed wind ca…

While I agree Nuclear is the most probable solution it's not easy to build and fuel is very sparse. France who is leading the way is 100% depend on other countries, I'm not sure it will play well in the coming years > 85% of uranium is produced in six countries: Kazakhstan, Canada, Australia, Namibia, Niger, and Russia. And the second issue is to focus on electricity production, while there is a ton a other things cr…

> 85% of uranium is produced in six countries: Kazakhstan, Canada, Australia, Namibia, Niger, and Russia.

So there is a major uranium producer in every corner of the world? That's better than oil and many elements critical in electronic. Like whats your benchmark" it cant be as common as dirt.

Re: Climate change: IPCC report is 'code red for humanity'

#879

Earlier quoted context omitted.

To me this makes so much sense. But when you look at the costs involved it's far cheaper and less risky to deploy 2x in renewables and a bunch of energy storage plus some gas plants and long distance transmission. New innovations in nuclear maybe have a chance to change this, but renewables are still getting cheaper so even if they succeed they must still beat the moving target. In another world where we had embraced…

"Markets will allocate capital according to risks" Like you know, the risk to end organised civilisation through climate change. Haha, funny

Their premise assumes humans are good at estimating risk. I’m not so sure that assumption holds

Re: Climate change: IPCC report is 'code red for humanity'

#880
post #740

If anyone actually believed it was "code red for humanity" they'd be pushing nuclear power. There is zero chance of moving off carbon energy sources without causing catastrophic mayhem, unless we use massive amounts of nuclear. For instance, the last 4 years my state has averaged 37% production of total possible installed wind generation capacity. This is a very windy state which is in the top 2 for installed wind ca…

I see this take a lot, and it’s kind of misinformed. The primary drawbacks of nuclear are: 1) incredible slow to build. A typical plant takes ~20 years from decision to productionized 2) extremely expensive, with a massively frontloaded cost. By contrast, solar and wind are fast to install and now cheaper. > wind power can be zero at some parts of the day There are a few solutions to this actually. First, having a mo…

I think we're also forgetting that adoption of nuclear power is also dependent on a stable government. Geopolitical risks probably outweigh all the drawbacks mentioned.
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