Home > Uncategorized > Great news! IPCC climate panel acknowledge in new report that it will be extremely difficult to find alternatives to fossil fuels in time to stabilize CO2 levels for many decades

Great news! IPCC climate panel acknowledge in new report that it will be extremely difficult to find alternatives to fossil fuels in time to stabilize CO2 levels for many decades

[Warning: obvious snark above]

1.  See this analysis by Roger Pielke, Jr.:

The IPCC has just issued a new summary for policy makers for a forthcoming special report on renewable energy that appears (indirectly and obliquely) to finally admit that we just do not have the technology necessary to achieve low targets for the stabilization of carbon dioxide in the atmosphere (e.g., something like 450 ppm). 

2.  The FT discusses the report as well: has a http://www.ft.com/cms/s/0/4b2fc2d2-7a8e-11e0-8762-00144feabdc0.html

3.  Here’s the report itself.

4.  My own view is that our energy sector is massively skewed by government ownership of energy resources that it wants to see exploited (both to feed government and to satisfy insiders), and by a wide range of government policies, from the creation of limited liability corporate engines of moral hazard, risk-shifting and commons destruction, to a refusal to allow ordinsry citizens and resource users to protect private property and common resourcves, to the creation of utility monopolies.

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