Yep, coal is one of the biggest problems.
https://h4labs.org/ive-got-another-stupid-idea-to-deal-with-...
Yep, coal is one of the biggest problems.
https://h4labs.org/ive-got-another-stupid-idea-to-deal-with-...
Naturally coal is still terrible for the environment, but ours is a position of great privilege, to have clean air feel so much more important than the source of our energy.
To wit, some months of the year the very worst air quality in the world is in Coyhaique, Chile due to their geography & use of green wood for heating & cooking.
But yes, I agree with your general point.
Until grid level storage is well proven (and not geographically constrained like pumped hydro) that is the reality.
Canada recently introduced a carbon tax at the federal level (for provinces that did not price carbon themselves), and returns 90% back to those province's taxpayers via tax credits. This makes it a progressive tax; if you lived an emissions-free lifestyle you'd just get free money, if you're around average the rebate would offset the carbon tax, if you're a high consumer you pay more.
The conventional approach right now is that you have a limited number of CO2 certificates that give a company the right to pollute. The number of CO2 certificates is reduced every year to meet a defined goal like avoid warming beyond 1.5°C. Companies are handed a certain amount of certificates depending on their size (prone to corruption). If they don't have enough certificates they must buy additional certificates. If they have too many they can sell them for a profit. Supply and demand determine the price.
The problem is that too many certificates are being handed out until now the price in the EU market was in the single digits and shot up to 25€ per ton. Because people are allergic to revenue neutral carbon taxes that are offset by redistributing the tax income the latest approach is to simply set a minimum price for CO2 certificates. People think they understand taxes but they certainly don't understand CO2 certificates. The end result is that there will be very limited redistribution.
Seems like it would make sense to replace the "hand them out based on size" step (I've heard "based on historical emissions" before as well) with "auction them off to the highest bidder".
This isn't revenue neutral, but you could make it so by then simply cutting some tax (personal income tax, most likely) until it is, if that's the goal.
Of course, if it's cheaper to just not emit that CO2 in the first place (capture it or use a different process for whatever they're doing), companies can do that instead.
However, the problem still exists, you have countries in the middle east which politically will never be allowed civilian nuclear power (only 32 countries out of 170 odd actually have civilian nuclear power) but which could potentially produce huge amounts of Solar power during the day. If only they could then buy power from solar / wind / geothermal stations through the night, or continue producing through the night from energy stored in Molten Salt, Liquid metal batteries, Liquified Air etc.
1. https://www.hsph.harvard.edu/news/press-releases/air-polluti...
The situation is complicated by lack of practical grid storage, but using gas plants that can spin up and down quickly plus renewables is currently more economical than new coal. Partly because fracked gas is cheap.
Indeed. It's easy to look at a 2% drop and pat everyone on the back for buying a shiny new Tesla and installing solar panels on their roof but the fact is the drop is just because per unit mass Gas has a higher concentration of Hydrogen and less Carbon. I mentioned above, the current situation with Gas prices being driven down won't last forever. Not to mention that there is plenty of controversy around fracking to start off with.
This comment will undoubtedly trigger rebuttals about fusion, thorium, and other technologies that do not actually exist at production scale and will not exist for at least another decade. Solar and wind (and for better or worse, fracked gas) are here NOW.
Indeed, SK produces nuclear so cheap that they are exporting plants to other countries.
As for South Korea... I'll just quote Wikipedia here.
"In 2012 South Korea had plans for significant expansion of its nuclear power industry, and to increase nuclear's share of generation to 60% by 2035.[2] Eleven more reactors were scheduled to come online in the period 2012 to 2021, adding 13.8 GWe in total.[3] However, in 2013 the government submitted a reduced draft plan to parliament for nuclear output of up to 29% of generation capacity by 2035, following several scandals related to falsification of safety documentation.[1] This new plan still involved increasing 2035 nuclear capacity by 7 GWe, to 43 GWe.[4] Responding to widespread public concerns after the Fukushima Daiichi nuclear disaster in Japan, the high earthquake risk in South Korea, and the nuclear scandals, the new government of President Moon Jae-in elected in 2017 decided to gradually phase out nuclear power. The three reactors currently under construction will be completed, but the government has decided these will be the last built, and as the existing plants close at a 40 years end-of-life they will be replaced with other modes of generation."
Yes, that's pretty much the plan. Like superman it is a transitional power source.