…environmental economics and the implications of environmental policy

Archive for the ‘CCS’ tag

More Secret Advice: Its the whole economy, stupid

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There is a good article (here) on CCS. It is essentaially a rebuttal to the CBC article blogged below. What I like about this article is the observation that the climate debate is now one that wrongly equates climate change to oil sands. Clearly, other emissions are important and other emission reduction opportunities are likely cheaper than CCS. The graph below provides a forecast of three large sources of emissions in Canada: oil and gas, buildings and transport. As can be seen, transport emissions are much larger than all oil and gas emissions. So, the observation holds: yes oil and gas emissions are large, but transport emissions are larger. And don’t forget all our buildings.


Written by Dave Sawyer

November 29th, 2008 at 4:29 pm

Posted in Emissions Pricing

Tagged with ,