Forget the Carbon Economy

| February 22, 2009
Carbon Economy

 Instead of wasting time with an impossibly complex and ultimately hopeless carbon trade regime, let us swiftly implement a 100 per cent renewable energy system.

The confusion around building a 'carbon economy' centred on emissions trading has served to disguise for too long that countries, regions and cities need crash programs to replace energy systems, and to exchange coal and oil for renewable power. The longer this is postponed, the more difficult the ultimate effort will be, yet it is necessary for our survival to help other countries make this inevitable change. It will also address the inexorable arrival of oil, gas and uranium peaks.

Roughly three-quarters of greenhouse gas emissions that are produced by human activities result from burning fossil fuels for power generation and transport, almost one-quarter from industrial agricultural practices, and (this includes) another significant portion from cement production. At present, there is a 40% excess of carbon pollution in the atmosphere already, warming the world to melt polar caps and permafrost – and acidifying oceans already today.

Yet instead of focusing on these practices and finding ways to replace and change them, the emissions trading scheme (ETS) and the Australian Carbon Pollution Reduction Scheme (CPRS) distribute the onus for fixing the problem across the entire economy – from large companies to, ultimately, every owner, operator and consumer.

The stated aim of CPRS and other ETS dreams is to drive efficiency and reduce demand, and to make alternative energy production more competitive. Yet primary polluters are granted relief and exemptions from this scheme, and motorists are buffered from price rises.

Equally paradoxical is the reliance on a national and global system of fossil fuel and agricultural subsidies. None of this will help in stabilising the global climate, nor shield the global economy from the terminal oil shock that is upon us.

Instead, this myopic fixation on an incomprehensible carbon trading regime will mean the old combustion systems stay in place, and efficiency measures are slow to commence.

Carbon EconomyBy focusing all the attention on pollution trading, the core emitters – coal and oil producers, refiners, electricity generators from coal, diesel and gas – shift the focus onto the consumers of dirty energy, which is all of us. The entire economy is hence held hostage: do something about climate change and everyone will suffer.

Let's call this bluff. Instead of wasting time with an impossibly complex and ultimately hopeless carbon trade regime, let us swiftly implement a 100 per cent renewable energy system, replace coal and oil with the country's abundant solar, bio-energy, wind and geothermal sources.

Australia can do this by using feed-in tariffs, production tariffs, structural adjustment support to retrain and re-employ workers in the outmoded high-carbon energy industries, direct investment in intelligent grids, efficiency standards and regulation – and negative-carbon soil and land cover management methods. Australia would make enormous savings and we just may have a chance to turn the corner in time.

Instead of squandering precious time over an impossibly complex and ineffective 'carbon economy' let us move to saving the real economy of our existential base.

Professor Peter Droege, Steering Committee, Urban Climate Change Research Network; Expert Commissioner Cities and Climate Change, World Future Council; Chair, World Council for Renewable Energy / Asia Pacific.

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0 Comments

  1. foggy

    February 23, 2009 at 5:59 pm

    if
    if carbon trading had a direction and a policy to shepherd that direction to a purport ending in reversing the climate change already in imminent proprtions,then i would be in favor for it.but to a layman like me, this does not seem to be the case.so i think i find your arguments wholly understandable especially the last line;"Instead of squandering precious time over……….to saving the real economy of our existential base".

    • Happyjoe50

      June 28, 2009 at 10:50 am

      Carbon Trading – Recycle instead

      Oil from Rubbish and sewerage are yet to appear on any news medium in Australia. See youtube http://www.youtube.com/watch?v=CWf9nYbm3ac&feature=related

      This could totally remove Australia's sewerage pollution and rubbish pollution – and remove the nations dependency on Oil. As a side benefit it will reduce Carbon emmissions.