Climate Change Policy and The Super-Hero Syndrome
The climate change policy bureaucracy has taken on a magical belief in technology "super-heroes" as the only way to escape the need for immediate, deep, carbon emission reductions.
The climate change policy bureaucracy has taken on a magical belief in technology "super-heroes" as the only way to escape the need for immediate, deep, carbon emission reductions.
However, many of the economists and experts who have developed scenarios for the Intergovernmental Panel on Climate Change (IPCC) believe that the only way to achieve the two-degree goal in a growing world economy is to invest in large-scale carbon capture and storage (CCS) projects.
The Paris Agreement is a genuine triumph of international diplomacy and of how the French people brought an often-fractious world together to see beyond national self interest.
Some scientists and analysts are touting carbon capture and storage as a necessary tool for avoiding catastrophic climate change. But critics of the technology regard it as simply another way of perpetuating a reliance on fossil fuels.
Government investment in carbon capture and storage (CCS) is a large and expensive fossil-fuel subsidy with a low probability of eventual societal benefit.