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Explained in 90 Seconds: Breaking the Carbon Budget

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To avoid catastrophic climate change impacts, 37 percent of fossil fuels held by publicly listed companies should stay buried. As we reported this week, some of the world’s richest nations are lagging behind on their climate protection pledges. Most often, these commitments follow the formula: “We aim to reduce greenhouse gas emissions X percent below year Y levels by year Z.” It seems like a straightforward proposition, but have you ever wondered where those numbers come from? The answer is a scientific concept known as the carbon budget, and like a teenager with her first credit card, we’re well on our way to blowing right through it. In the video above, Kelly Levin, a climate policy expert at the World Resources Institute, explains what our carbon budget is, how much we’ve already “spent,” and why it matters. Back in 2009, delegates to the UN climate summit in Copenhagen agreed that in order to avoid the worst potential impacts of climate change, global temperature rise should be limited to 2 degrees Celsius above preindustrial levels. For their report this fall, scientists on the UN’s Intergovernmental Panel on Climate Change looked at how emissions of carbon dioxide and other greenhouse gases have warmed the planet since the Industrial Revolution, and extrapolated how much more we could emit before breaking the Copenhagen limit, the same way you might draft a budget to keep your checking account balance above zero. The IPCC set our total carbon budget since the Industrial Revolution at about 1 trillion metric tons of carbon. Today, we’ve already spent over half of that (largely thanks to just 90 companies, as Climate Desk partner the Guardian reported yesterday). If projections for future emissions hold true, Levin says, we’ll eat through the rest of the budget by 2044. That means that if we want to stick to the 2-degree C limit, we’d have to immediately cease all emissions, everywhere on Earth, on the first day of 2045. Turn off every fossil-fuel-fired power plant, charge every car only on renewable electricity, etc. Given the cruddy international track record of reaching even basic climate agreements—yesterday, 132 countries walked out of UN climate talks in Warsaw—that kind of turn-on-a-dime shift seems unlikely to happen. Instead, Levin argues, if we take measures to cut emissions starting now, we can stretch the budget much longer and give ourselves that much more time to clean up the energy system. Which brings us back to those 90 companies, and many more who count unburned fossil fuels (still-buried coal, oil, and gas) among their bottom-line assets. No matter how long we drag it out, consuming all the world’s fossil fuels would burn straight through the budget, and then some. Burning the total volume of fossil fuels now held in reserve by publicly listed companies would emit the equivalent of 762 metric billion tons of carbon, according to a recent analysis by the Carbon Tracker Initiative. But we’ve only got about 485 billion left in the budget. In other words, if world leaders come together to actually enforce the Copenhagen warming limit, roughly 37 percent of the fossil fuels held by those companies will need to stay in the ground. This is where the carbon budget becomes a carbon bubble: Companies valued on the basis of their fossil fuel holdings could find the rug pulled from under them if those holdings become impossible to sell. Recently, Al Gore and investment banker David Blood (who have collaborated on a consulting firm to help companies divest from fossil fuels) estimated the value of these “stranded assets” at some $7 trillion. So the question now is: Are we really going to smash our carbon piggy bank? Watch Kelly Levin explain, above.

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Explained in 90 Seconds: Breaking the Carbon Budget

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Explained in 90 Seconds: Breaking the Carbon Budget

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3 Countries That Are Bailing on Climate Action

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Japan isn’t the only country walking away from climate promises. When Japan dramatically slashed its plans last week for reducing greenhouse gas emissions by 2020, from 25 percent to just 3.8 percent compared to 2005 figures, the international reaction was swift and damning. Britain called it “deeply disappointing.” China’s climate negotiator, Su Wei, said, “I have no way of describing my dismay.” The Alliance of Small Island Nations, which represents islands most at risk of sea level rise, branded the move “a huge step backwards.” The decision was based on the fact that Japan’s 50 nuclear reactors—which had provided about 30 percent of the country’s electricity—are currently shuttered for safety checks after the Fukushima disaster in March 2011, despite the government trying to bring some of them back online. That nuclear energy is largely being replaced by fossil fuels. Japan’s announcement has cast a shadow on this week’s climate negotiations in Warsaw. Bill Hare, CEO of Climate Analytics and a former lead author for the Intergovernmental Panel on Climate Change, described the mood as “a downward spiral of ambition” which is “undermining confidence in the process and the ability to move forward.” Elliot Diringer, the Executive Vice President of the DC-based think tank Center for Climate and Energy Solutions, says NGOs and policymakers are feeling frustrated: “There was a great deal of sympathy for Japan in the aftermath of Fukushima,” he says. “And that’s now converted to disappointment.” But Japan isn’t the only industrialized country at Warsaw walking away from previously stated climate goals and attracting criticism for throwing a spanner in the works, an issue also explored here in Grist. Australia and Canada are emerging as strong opponents of more aggressive climate action and are likely to come up short on their commitments to reduce their emissions. Australia guts carbon policy Sweeping to power on a carbon tax backlash in September this year, Australia’s new prime minister, Tony Abbott, has wasted no time in shifting the country’s policy course—and rhetoric—on climate action. The conservative government is dismantling the country’s market-based carbon pricing laws in the parliament as a matter of first priority, and replacing it with its own system, “Direct Action,” a $3 billion plan to fund projects that it says will help lower emissions. The problem is not many people believe it will work. Analysis by Climate Action Tracker, which assesses reduction programs around the world, shows that rather than cutting greenhouse gases by the promised 5 percent, the policy will actually increase emissions by 2020 by 12 percent compared to 2000 levels. Independent modeling shows that even if the government stuck to its 5 percent pledge, it couldn’t be met without coughing up an additional $3.7 billion. Australia’s new policies are ”registering shock,” in Warsaw, says Hare, who also helps run Climate Action Tracker. “It’s being met with disbelief.” At the Warsaw talks, Australia is contributing “to a sense that there’s some unfortunate backsliding among some countries,” Direnger says. Abbott asserted last week that the goal will be met, but he added that no further money would be spent on the program if it wasn’t: “We will achieve it with the Direct Action policy as we’ve announced it and that policy: it’s costed, it’s funded and it’s capped,” he told the Australian Broadcasting Corporation. The Australian Conservation Foundation accused the government of abandoning its promise to scale its original pledge up to 25 percent if there’s stronger global climate action, calling Abbott a “deal wrecker.” The opposition Labor party said the government was allowing ”big polluters open slather in the future.” There are plans to kill three key organs of the previous government’s climate policy entirely: the independent Climate Commission, the Climate Change Authority, and the Clean Energy Finance Corporation.A flurry of other developments Downunder have helped to cement the new government’s stance at home and abroad: The budget for the Australian Renewable Energy Agency will be slashed by $435 million over the next three years For the first time since the 1997 Kyoto agreement, Australia declined to send its environment minister, Greg Hunt, to this week’s international climate talks talks, saying the business of repealing the carbon legislation in the first two weeks of parliament was too important. Canada unlikely to meet its own targets Australia is among the developed world’s worst polluters in terms of of CO2 per capita. But Canada is not far behind its Commonwealth compatriot. Lately, they seem to be enjoying each other’s company. This week, both conservative governments opposed a push at the Commonwealth Heads of Government Meeting in Colombo, Sri Lanka, to establish a green capital fund for small island states and poor African countries to address climate change. Canada recently praised Australia’s decision to repeal its carbon tax: “The Australian prime minister’s decision will be noticed around the world and sends an important message.” Canada’s Prime Minister Stephen Harper. James Park/Xinhua/ZUMA When Canada signed the Copenhagen Accord in 2009, the country committed to reduce its greenhouse gas emissions to 17 percent below 2005 levels by 2020 (bringing it in line with US goals). But last month, the Harper government admitted it’s going to blow past that target by a wide margin. Environment Canada, the federal ministry that looks after climate policy, issued a report that said that without new government action, the country’s emissions will be 20 percent (or 122 megatons) higher than the country committed to at Copenhagen. This amount is barely below 2005 figures. It’s this trajectory that, in part, led the Climate Action Network Europe and Germanwatch to list Canada as the worst performing country among all industrialized nations in their annual performance index—unchanged from last year’s ranking: “Canada still shows no intention of moving forward with climate policy and therefore remains the worst performer,” the report states. (In December 2011, Canada was the first country to formally withdraw from the Kyoto Protocol). Reading the tea leaves doesn’t inspire much optimism: All of this is happening against the background of expanding tar sands development. The report from Environment Canada predicts that without a change in policy, CO2-equivalent emissions from oil sands are projected to increase by nearly 200 percent by 2020 over 2005 levels. And on tar sands, the Harper government shows no sign shifting policy direction. The combined effect has an “ultimately corrosive effect on the ability to secure a strong international agreement if the major players aren’t playing,” Hare says.

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3 Countries That Are Bailing on Climate Action

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3 Countries That Are Bailing on Climate Action

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U.N.: Hurry up on climate action or we’re screwed!

U.N.: Hurry up on climate action or we’re screwed!

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World, don’t lose heart, but you really need to hustle.

That’s the message from the United Nations as international climate delegates prepare to launch into a new round of negotiations next week aimed at cutting global greenhouse gas emissions.

The world agreed in 2009 to limit global warming to 2 degrees Celsius, or 3.7 Fahrenheit, above preindustrial levels. But a report released Tuesday by the U.N. Environment Program reminds us that we’re not on track to meet that goal — not even close.

Even if all the pledges made to date by various governments to reduce their emissions are fulfilled, the report warns that temperature rise would still overshoot the 2-degree goal. That’s not to say it would be impossible to meet the goal, but a serious sense of urgency would be required.

The report focuses on the “emissions gap” — the difference between anticipated and needed emissions cuts. From a UNEP press release:

Even if nations meet their current climate pledges, greenhouse gas emissions in 2020 are likely to be 8 to 12 gigatonnes of CO2 equivalent (GtCO2e) above the level that would provide a likely chance of remaining on the least-cost pathway.

If the gap is not closed or significantly narrowed by 2020, the door to many options to limit temperature increase to a lower target of 1.5° C will be closed, further increasing the need to rely on faster energy-efficiency improvements and biomass with carbon capture and storage.

The report authors suggest initiatives that could keep warming within 2 degrees:

Massively and urgently boost energy efficiency — that could reduce annual emissions by 2 GtCO2e by the year 2020.
Stop subsidizing fossil fuels — that could reduce emissions by 0.4 to 2 GtCO2e.
Curb releases of methane and other short-lived climate pollutants — that could reduce emissions by 0.6 to 1.1 GtCO2e.
Continue to foster the development and deployment of renewable energy — that could reduce emissions by 1 to 3 GtCO2e.
Overhaul the agricultural sector, which is directly responsible for 11 percent of the world’s emissions — that could reduce emissions by 1.1 to 4.3 GtCO2e.

If you add up the best-case scenarios using those five strategies, you get an annual emissions reduction of 12.4 gigatonnes by 2020 — more than enough to get us on track to meet the goal of limiting warming by 2 degrees Celsius.

Actually doing that, of course, is another matter altogether.


Source
The Emissions Gap Report 2013: A UNEP Synthesis Report, UNEP

John Upton is a science fan and green news boffin who tweets, posts articles to Facebook, and blogs about ecology. He welcomes reader questions, tips, and incoherent rants: johnupton@gmail.com.

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U.N.: Hurry up on climate action or we’re screwed!

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Is Driving the New Smoking?

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Is Driving the New Smoking?

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Here’s the anti-Keystone ad one NBC station doesn’t want you to see

Here’s the anti-Keystone ad one NBC station doesn’t want you to see

NextGen Climate Action, the group founded by billionaire climate-action booster Tom Steyer, had submitted the ad to run on D.C.-area NBC affiliate WRC-TV during Obama’s Tuesday appearance on The Tonight Show, with the aim of reaching the influential inside-the-Beltway crowd. But at the last minute Tuesday evening, the station informed NextGen that the ad wouldn’t run after all, because it violated guidelines as “an attack of a personal nature.”

The ad does feature an actor playing TransCanada CEO Russ Girling as a disingenuous, over-the-top oil baron at his, well, oiliest. But rather than defaming him as a serial sexter or making another such “personal” attack, it skewers farfetched claims Girling and his company have put forward about the Keystone XL pipeline’s economic benefits.

The Hill published a story about the ad Tuesday afternoon, before it was scrapped, that included criticism from Oil Sands Fact Check, a group that supports the pipeline. Now, according to Politico’s Morning Energy , NextGen wants NBC to sign an affidavit swearing it didn’t drop the ad as a result of industry pressure.

This doesn’t mean NBC is staying out of the pipeline fight altogether. The network ran a pro-Keystone ad this past Sunday during Meet the Press. And it’s not like TransCanada’s voice is being drowned out by anti-pipeline advertising; the company launched a multi-platform ad campaign in the capital and around the country a couple weeks ago, and is even sponsoring Politico Playbook this week. And don’t forget that the Canadian government itself is shelling out millions for its own pro-pipeline campaign aimed at the D.C. bubble.

Claire Thompson is an editorial assistant at Grist.

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Here’s the anti-Keystone ad one NBC station doesn’t want you to see

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Burning Trees for Energy and Capturing CO2 Could Reverse Global Warming

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The story first appeared on the Guardian website and is reproduced here as part of the Climate Desk collaboration.

Global warming could be reversed using a combination of burning trees and crops for energy, and capturing and storing carbon dioxide underground (CCS), according to an analysis by scientists. But experts cautioned that trying such an approach after temperatures had passed dangerous levels could be problematic, as climate change reduced the number of trees available for “bioenergy”.

The bioenergy and CCS method was the most cost-effective way of tackling carbon emissions, said the team at Chalmers University of Technology in Sweden, publishing their research in the journal Environmental Research Letters on Thursday. Such an approach could offset and even reverse other emissions from fossil fuels, they claimed.

The lead author of the study, Prof Christian Azar, said it could help bring temperatures down even if they rose above the 2C level that world leaders have agreed to avoid: “Even if current political gridlock causes global warming in excess of 2C, we can reverse the temperature trend and reach targets later. This means that 2C targets, or even more ambitious targets, can remain on the table in international climate negotiations.”

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Burning Trees for Energy and Capturing CO2 Could Reverse Global Warming

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Here’s how the world can get on track with climate goals

Here’s how the world can get on track with climate goals

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Take the off-ramp, please!

The world is driving itself into a future of climate hell, but experts say it’s not too late to take the off-ramp.

Despite declining greenhouse gas emissions in the U.S. and other developed nations, global emissions broke a new record last year. They were pushed 1.4 percent higher than the year before by rapid growth in China and India, and by Japan turning to fossil fuels instead of nuclear power.

During U.N. climate negotiations held in Copenhagen in 2009, most of the world agreed to aim for a post-Industrial Revolution temperature rise of no more than 2 degrees Celsius. But if the world keeps traveling along its current path, the International Energy Agency warns in a new report that long-term average temperature increases of between 3.6 and 5.3 degrees C are more likely.

Climate negotiations are underway to agree on a successor to the Kyoto Protocol, which could help stem the tide of rising emissions. But no new agreement is expected to come into force until 2020 — and who knows if it would even be strong enough to make a difference.

So it would be easy to conclude that we’re royally fucked.

But in its new report, the IEA outlines four strategies that countries could pursue during the next seven years to help spare us the “royally fucked” scenario of skyrocketing temperatures — all at zero net economic cost.

“Despite the insufficiency of global action to date, limiting the global temperature rise to 2 °C remains still technically feasible, though it is extremely challenging,” states the report, titled “Redrawing the Energy-Climate Map.”

The most fruitful of the four suggested strategies would be the adoption of straightforward energy-efficiency measures, mostly in buildings but also in vehicles. The other strategies: shutting down the worst of coal power plants, cutting back on the accidental release of natural gas by frackers and other energy companies, and more quickly phasing out fossil fuel subsidies.

“[T]hese policies would reduce greenhouse-gas emissions by 3.1 [gigatonnes of carbon dioxide or equivalent] in 2020 — 80% of the emissions reductions required under a 2°C trajectory,” the report says. “This would buy precious time while international climate negotiations continue.”

Here are those four suggestions in graph form from a related IEA presentation [PDF] given in London on Monday. The percentage figures indicate each strategy’s potential contribution to the 3.1 Gt reduction:

IEAClick to embiggen.

Christiana Figueres, executive secretary of the United Nations Framework Convention on Climate Change, which is coordinating climate negotiations, said governments and companies should seize on the report’s recommendations.

“Once again we are reminded that there is a gap between current efforts and the engagement necessary to keep the world below a two degrees Celsius temperature rise,” Figueres said in a statement [PDF]. “Once again we are reminded that the gap can be closed this decade, using proven technologies and known policies, and without harming economic growth in any region of the world.”

John Upton is a science fan and green news boffin who tweets, posts articles to Facebook, and blogs about ecology. He welcomes reader questions, tips, and incoherent rants: johnupton@gmail.com.

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Climate Change Could Mean Seven Times As Many Katrinas

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Batten down the hatches, East Coasters: A new study argues that for every one degree Celsius (1.8 degrees F) of global warming, the US Atlantic seaboard could see up to seven times as many Katrina-sized hurricanes.

That’s the conclusion of Aslak Grinsted, a climatologist at Copenhagen’s Niels Bohr Institute, who led an effort to match East Coast storm surge records from the last 90 years with global temperatures. His results, published today in the Proceedings of the National Academy of Sciences, suggest that the strongest hurricanes are likely to become more commonplace with only half the level of warming currently projected by scientists.

Red represents hurricane projections with one degree (C) global warming; blue represents no warming. The gap between these lines suggests that a warmer climate will produce more frequent hurricanes; the gap is widest at the top, meaning the biggest increase will be with the biggest storms. Courtesy PNAS

“There is a sensitivity to warming, and it is surprisingly large,” Grinsted said.

The study compiled storm surge measurements from tide gauges at six locations on the East and Gulf Coasts, filtering out the effects of seasonal cycles, daily tides, and overall sea level rise to isolate the impact of storms. Next, these records were stacked against both global temperatures and a series of other climatic factors, like natural water temperature cycles and regional rainfall. The result? Global temperatures turned out to be one of the best predictors for hurricane activity. Using computer models, Grinsted found that a one-degree (C) rise in global temperatures could multiply extreme hurricane frequency by two to seven times.

When it comes to extreme weather, hurricanes are among the most costly events—and also among the least understood. Most of our understanding of the link between hurricanes and climate change traces to a research paper released in 2010 that argued that hurricanes worldwide could become up to eleven percent more intense by 2100; Grinsted’s research adds the wrinkle that the biggest storms, in addition to becoming bigger, are likely to happen more often. That is, in the US: Grinsted said exact projections would likely differ for other coastlines across the world.

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Climate Change Could Mean Seven Times As Many Katrinas

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NASA Scientists Are Turning LA Into One Big Climate-Change Lab

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This story first appeared on The Atlantic Cities website as part of the Climate Desk collaboration.

Southern California’s Mount Wilson is a lonesome, hostile peak—prone to sudden rock falls, sometimes ringed by wildfire—that nevertheless has attracted some of the greatest minds in modern science.


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George Ellery Hale, one of the godfathers of astrophysics, founded the Mount Wilson Observatory in 1904 and divined that sunspots were magnetic. His acolyte Edwin Hubble used a huge telescope, dragged up by mule train, to prove the universe was expanding. Even Albert Einstein made a pilgrimage in the 1930s to hobnob with the astronomers (and suffered a terrible hair day, a photo shows).

Today, Mount Wilson is the site of a more terrestrial but no less ambitious endeavor. Scientists from NASA’s Jet Propulsion Laboratory in Pasadena, Calif., and elsewhere are turning the entire Los Angeles metro region into a state-of-the-art climate laboratory. From the ridgeline, they deploy a mechanical lung that senses airborne chemicals and a unique sunbeam analyzer that scans the skies over the Los Angeles Basin. At a sister site at the California Institute of Technology (Caltech), researchers slice the clouds with a shimmering green laser, trap air samples in glass flasks, and stare at the sun with a massive mirrored contraption that looks like God’s own microscope.

These folks are the foot soldiers in an ambitious, interagency initiative called the Megacities Carbon Project. They’ve been probing L.A.’s airspace for more than a year, with the help of big-name sponsors like the National Institute of Standards and Technology, the Keck Institute for Space Studies, and the California Air Resources Board. If all goes well, by 2015 the Megacities crew and colleagues working on smaller cities such as Indianapolis and Boston will have pinned down a slippery piece of climate science: an empirical measurement of a city’s carbon footprint.

If that doesn’t sound like something Einstein would scarf down energy bars and hoof up a mountain to check out, give it time. It promises to be a groundbreaking development in the worldwide fight against global warming.

Part of the Megacities team at the CLARS facility in Pasadena. Left to right: Thomas Pongetti, Riley Duren, Eric Kort, Stan Sander. John Metcalfe

Historically, researchers have tried to understand anthropogenic global warming by looking at it from the big picture—first across the planet, then by regions and countries. But two things happened in the past few years that turned their frame of reference. First, they realized that the emissions of a large landmass are extremely difficult to measure. The signal from fossil fuels gets tangled up in a bunch of other things, such as byproducts from the natural ecosystem and agriculture.

Second, they encountered a rash of enthusiasm-killing gridlock in the United States government, with the 2009 Copenhagen climate talks ending in a muddle and a 2010 cap-and-trade bill dying in the Senate. It became clear to environmental stakeholders that if any policy was going to happen on cutting emissions, it was going to be at the scale of states and cities.

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NASA Scientists Are Turning LA Into One Big Climate-Change Lab

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In a blow to Republican rhetoric, China announces plan for a carbon tax

In a blow to Republican rhetoric, China announces plan for a carbon tax

When Marco Rubio says that America “is a country, not a planet,” he’s saying that we don’t need to bother cutting pollution because we’re not the worst offenders. If China, which burns nearly as much coal as the rest of the world combined, isn’t trying to limit its pollution, why should we? Rubio’s wording may be unique, but his rhetoric isn’t — it’s a key argument for the Republican Party. As long as China’s emitting unchecked carbon pollution, why can’t we?

Premier Hu Jintao meets with President Obama.

Well, so much for that argument. From Xinhua, the official press agency of the Chinese government:

China will proactively introduce a set of new taxation policies designed to preserve the environment, including a tax on carbon dioxide emissions, according to a senior official with the Ministry of Finance (MOF).

The government will collect the environmental protection tax instead of pollutant discharge fees, as well as levy a tax on carbon dioxide emissions, Jia Chen, head of the ministry’s tax policy division, wrote in an article published on the MOF’s website. …

China is among the world’s largest emitters of greenhouse gas and has set goals for cutting emissions. The government has vowed to reduce carbon intensity, or the amount of carbon dioxide emitted per unit of economic output, by 40 to 45 percent by 2020 in comparison to 2005 levels.

China’s Ministry of Finance has considered a carbon tax before, with the aim of having it in place by 2012. Some suggested that the timing of that proposal, on the heels of the disastrous Copenhagen climate conference, was meant to blunt criticism over China’s role in scuttling those talks. It’s hard to see what similar politics might be at play in this case, although at least one climate-change-denial site suggests that the move is a feint to encourage America to act on a carbon tax first.

Fat chance of that. Republicans may be using China’s pollution as an excuse to resist increasing the cost of carbon emissions, but if China implements a carbon tax, pollution apologists will just point instead to India. If India acted on carbon, they’d point to the economy. The goal isn’t to offer sincere critique; it’s to delay internalizing the cost of carbon pollution for their allies in the fossil fuel industry.

If Marco Rubio is lucky, that delay will last until after the 2016 primaries. If he’s got any goal in mind, it’s that.

Philip Bump writes about the news for Gristmill. He also uses Twitter a whole lot.

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