Hi Chuck,

The Green New Deal is a case in point. It's technologically impossible and 
would be financially ruinous for the country. Not only that, what would 
actually happen to the climate warming trajectory if the USA went emissions 
neutral by 2030? Nothing would happen- global warming would slow barely one 
iota by 2050, as the rest of the world continues growing its emissions and the 
existing CO2 loading continues to drive warming. The IEA World Energy Outlook 
projects 20 percent growth in primary energy demand by 2030, stemming from, 
among other things, 250 million people getting electricity in the developing 
world for the first time. The climate externalities are real and I believe they 
should be addressed, but can one really argue those people dont deserve 
electricity? They arent getting that power from solar and wind.

Yet despite the facts that the Green New Deal is a joke, the Democrats are 
trying to insist that the USA should ruin its economy. Of course this should be 
met with skepticism. Believing that climate change is real and should be 
addressed (as I do) does not imply that the economy should be sacrificed in 
order to do so.

Regarding my estimates. The $3 trillion by 2050 cost of Obama's plan is from 
the Heritage Foundation but many similar estimates exist. The US Climate 
Assessment is that the USA will experience $200 billion worth of climate damage 
per year by then, and that if we're instead on RCP4.5, those damages are $36 
billion less. The Paris Agrreement would not achieve RCP4.5, let alone the US's 
pledges, so a $20 billion reduction in damages is actually overwhelmingly 
generous for Obama's plan. This means that the cost benefit is crudely, less 
than $0.01 per $1 invested (just dividing $20 billion by $3 trillion).

If I am wrong somewhere in my logic please point it out to me.

Tobias


Sent from a tiny mobile device, please excuse typos

________________________________
From: [email protected] <[email protected]> on 
behalf of Charles H. Greene <[email protected]>
Sent: Friday, February 8, 2019 2:00:50 AM
To: [email protected]
Cc: geoengineering
Subject: Re: [geo] Costs of climate change by US region

Tobias:

What is the basis for the following two statements?

"Of course the Republicans are right about this. If Trump had kept the country 
in the Paris Agreement, it would have cost the US economy $3 trillion per year 
by 2050, while preventing only (optimistically) $20 billion in damages.”

"A similar logic was used in Trump’s justification for revoking CAFE fuel 
economy standards – high cost and no real benefit in terms of reducing warming.”

I only ask because there is a rather extensive, peer-reviewed literature that 
runs counter to them. I won’t even bother addressing the first statement 
because it is simply ridiculous. With regard to the second, the CAFE fuel 
standards and tax incentives for electric vehicles (EVs) are policies that are 
driving electrification of the light vehicle fleet. EVs are already less 
expensive to operate in the long run than internal combustion engine (ICE) 
vehicles, and within the next few years, there will be no need for subsidies 
because the upfront costs of EVs will be cheaper, too. So, we get less 
expensive, more reliable vehicles and reduce GHG emissions of the 
transportation sector at the same time. Seems like a win-win to me unless 
you’re heavily invested in the fossil fuel industry.

The reason that the “current liberal consensus" on tackling climate change has 
not worked is because it has never been given a chance due to a political 
system corrupted by the wealth and unethical behavior of the fossil fuel 
industry. Had GHG emissions been properly regulated 40 years ago, when Exxon 
had already reached the same conclusions that the IPCC only reported 
definitively a decade ago, we wouldn’t be facing the huge challenges 
confronting society today. If Democrats and anybody who actually understands 
the stakes involved do not double down on a “New Green Deal”, then everybody’s 
future is at risk.

Chuck Greene

On Feb 7, 2019, at 7:48 AM, Tobias Schultz 
<[email protected]<mailto:[email protected]>> wrote:

The American’s public acceptance of climate change, even amongst conservatives, 
has been growing – though still relatively low among Republicans. But there is 
a very large disagreement between Democrats and Republicans is the best ways to 
address climate change. A Pew 2016 survey looked into this and found 
Republicans highly skeptical that current efforts (restricting power plants, 
international agreements, etc.) will make a big difference in addressing 
climate issues.

http://www.pewresearch.org/science/2016/10/04/public-views-on-climate-change-and-climate-scientists/<https://na01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.pewresearch.org%2Fscience%2F2016%2F10%2F04%2Fpublic-views-on-climate-change-and-climate-scientists%2F&data=02%7C01%7Ctschultz%40scsglobalservices.com%7Cea5b21e3cd27492aee9b08d68dac50ac%7C8b90dfd06e4e4cb0b664d30b89f833ed%7C0%7C0%7C636852168591896701&sdata=ul7i%2BVBnUlVpDHbUKRX%2FE%2BRi4VwREKOHWJdrzaE5XXs%3D&reserved=0>

Of course the Republicans are right about this. If Trump had kept the country 
in the Paris Agreement, it would have cost the US economy $3 trillion per year 
by 2050, while preventing only (optimistically) $20 billion in damages. That’s 
a nonsensical direction for a country to take – any country – no rational 
policymaker would ever choose it. A similar logic was used in Trump’s 
justification for revoking CAFE fuel economy standards – high cost and no real 
benefit in terms of reducing warming. It’s also at the root of the French 
yellow vest movement, Australia’s repeal of the carbon tax, etc. As the 
Democrats double down on a “New Green Deal” they risk their political future, 
and all for nothing. The current liberal “consensus” on how to tackle climate 
change HAS NOT worked, demonstrably, and there is no indication it will work.

Of course if MCB or some of these other technologies really have the potential 
that all climate modeling seems to indicate, it would be a game-changer. If 
that doesn’t pan out, perhaps I will eventually move to Montana, Idaho, or 
Washington in anticipation of their balmy winters.

.  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .

Tobias Schultz
Director of Research & Development
SCS Global Services
2000 Powell Street, Ste. 600, Emeryville, CA 94608 USA
+1.510.452.6389
[email protected]<mailto:[email protected]>
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From: [email protected]<mailto:[email protected]> 
<[email protected]<mailto:[email protected]>> On 
Behalf Of Kevin Lister
Sent: Thursday, February 07, 2019 8:26 AM
To: Stephen Salter <[email protected]<mailto:[email protected]>>
Cc: geoengineering 
<[email protected]<mailto:[email protected]>>
Subject: Re: [geo] Costs of climate change by US region

Interestingly, the states being hit the hardest are the Trump states.

On Thu, 7 Feb 2019, 16:12 Stephen Salter 
<[email protected]<mailto:[email protected]> wrote:

Hi All

Nature has an article from the Brookings Institute about how the costs of 
climate change affect regions of the US.

[cid:[email protected]]

One feels that no comment is necessary.

Stephen


Emeritus Professor of Engineering Design. School of Engineering, University of 
Edinburgh, Mayfield Road, Edinburgh EH9 3DW, Scotland 
[email protected]<mailto:[email protected]>, Tel +44 (0)131 650 5704, Cell 
07795 203 195, 
WWW.homepages.ed.ac.uk/shs<https://na01.safelinks.protection.outlook.com/?url=http%3A%2F%2FWWW.homepages.ed.ac.uk%2Fshs&data=02%7C01%7Ctschultz%40scsglobalservices.com%7Cea5b21e3cd27492aee9b08d68dac50ac%7C8b90dfd06e4e4cb0b664d30b89f833ed%7C0%7C0%7C636852168591916718&sdata=5WCuIcQ4JnQ%2BZ%2BSGSX37g8wLq9TRkV4VO1uC9pdl5J0%3D&reserved=0>,
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