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Citi Report: Slowing Global Warming Could Save Tens of Trillions of Dollars

Layzej writes with news carried by The Guardian about a report published by the Global Perspectives & Solutions division of Citibank (America's third-largest bank) examining the costs and benefits of a low-carbon future. The report examined two hypothetical futures: one "business as usual," and the other (the "Action" scenario) which includes an aggressive move to reduce energy use and carbon emission. From the article: "One of the most interesting findings in the report is that the investment costs for the two scenarios are almost identical. In fact, because of savings due to reduced fuel costs and increased energy efficiency, the Action scenario is actually a bit cheaper than the Inaction scenario. Coupled with the fact the total spend is similar under both action and inaction, yet the potential liabilities of inaction are enormous, it is hard to argue against a path of action." But there will be winners and losers, says the report: "The biggest loser stands to be the coal industry, where we estimate cumulative spend under our Action scenario could be $11.6 trillion less than in our Inaction scenario over the next quarter century, with renewables, wind and nuclear (as well as energy efficiency) the main beneficiaries."

186 of 248 comments (clear)

  1. "Action" cheaper than "Inaction" is a surprise? by xxxJonBoyxxx · · Score: 1, Insightful

    >> the Action scenario is actually a bit cheaper than the Inaction scenario

    Did you write that with a straight face? In any "strawman" study like this (with only two possible courses), the "take my specific action" will ALWAYS be shown to be the smarter/cheaper/faster/better option.

    (Now, back to TFA article - I want to see what this one's about.)

    1. Re:"Action" cheaper than "Inaction" is a surprise? by sjames · · Score: 5, Insightful

      Yes, I'm sure there's no chance the study of financial impact could be true given that it was written by a bunch of tree hugging granola munchers like Citibank. Wait, WHAT?

    2. Re:"Action" cheaper than "Inaction" is a surprise? by Crashmarik · · Score: 1

      nahh it couldn't come from a bunch of people sucking at the government teat while they find new and innovative ways to rob you ?

    3. Re:"Action" cheaper than "Inaction" is a surprise? by 0123456 · · Score: 1

      Because it's not as though the financial industry could make staggering amounts of money from 'Carbon Credits'.

      No, sir. They're doing this for the good of the planet.

    4. Re:"Action" cheaper than "Inaction" is a surprise? by sjames · · Score: 2

      I didn't say they were nice people, just that there can be no accusations of slant from environmentalists here. It does tend to bring any claims that we can't afford to do anything about global warming into serious question.

    5. Re:"Action" cheaper than "Inaction" is a surprise? by sjames · · Score: 1

      I certainly never said they were in it for the good of the planet. I'm pretty sure they'd pave the last square foot of rain forest if there was money in it.

    6. Re:"Action" cheaper than "Inaction" is a surprise? by Applehu+Akbar · · Score: 1

      Energy from burning strawmen would at least be carbon neutral.

    7. Re:"Action" cheaper than "Inaction" is a surprise? by phantomfive · · Score: 4, Insightful

      A bank? First you have to ask yourself, "Why is a bank writing a paper on global warming?" The answer is, of course, to make money.

      Do you remember after Obama got elected, everyone was talking about "Carbon Credits" and "carbon trading?" New York bankers were giddy with delight at the prospect of a new market that they could tap into. The mayor wrote editorials saying how great it would be for the city, because of all the extra tax revenue.

      Never trust a banker. You'll know they're serious about AGW when they buy farmland in Alaska and install coal burners in all their branches.

      --
      "First they came for the slanderers and i said nothing."
    8. Re:"Action" cheaper than "Inaction" is a surprise? by PopeRatzo · · Score: 1

      Because it's not as though the financial industry could make staggering amounts of money from 'Carbon Credits'.

      The largest estimate for the potential size of the carbon credits market is $30 billion.

      The derivatives market is worth $1.2 QUADRILLION.

      The financial industry is not going to make "staggering" amounts from carbon credits when the entire carbon credit market isn't even a rounding error compared to what they're making in derivatives. You want "staggering" I would suggest looking at derivatives, which total SIXTEEN TIMES the entire GDP of the world.

      The US financial industry alone paid twice as much in fines over the past few years than the total value of the carbon credit market.

      --
      You are welcome on my lawn.
    9. Re:"Action" cheaper than "Inaction" is a surprise? by MightyMartian · · Score: 1

      And what other possibilities are there? If CO2 is a greenhouse gas, and over a century of physics states it is, then the only two options would appear to be end the use of fossil fuels, or continue to use them.

      --
      The world's burning. Moped Jesus spotted on I50. Details at 11.
    10. Re:"Action" cheaper than "Inaction" is a surprise? by sjames · · Score: 2

      We are doing next to nothing. We are certainly not doing nearly what is necessary to prevent the problem. It's like bailing flood water with a drinking glass down the kitchen drain and saying you're "doing something" about the flood.

    11. Re:"Action" cheaper than "Inaction" is a surprise? by Mr+D+from+63 · · Score: 1

      In any "strawman" study like this (with only two possible courses), the "take my specific action" will ALWAYS be shown to be the smarter/cheaper/faster/better option.

      They simply present two options and, in detail, show the differences and the underlying basis. They never claim there are no other options and in fact if you actually looked through the report you'd see that others are presented in various ways. You can't do a report like this and have 10 options listed. It provides a benchmark reference, nothing more. You can decide to dismiss it, and dismiss everything in it completely by labeling it a strawman if that is the excuse you need. That makes it easy to stick with your established vision and to not have to consider things that my challenge it.

    12. Re:"Action" cheaper than "Inaction" is a surprise? by Mr+D+from+63 · · Score: 2

      A bank? First you have to ask yourself, "Why is a bank writing a paper on global warming?" The answer is, of course, to make money.

      Banks do financial analysis of just about everything. It helps them and their clients make smart financial decisions. Making money and avoiding bad investments are both important to banks and clients. Banks do best when the entire economy is doing well, and hence everyone else.

    13. Re:"Action" cheaper than "Inaction" is a surprise? by blue9steel · · Score: 1

      Wait, how is Citibank prejudiced in this matter? They're going to make a fortune either way.

    14. Re:"Action" cheaper than "Inaction" is a surprise? by phantomfive · · Score: 5, Insightful

      When banks do financial analysis for clients, they give the report to their clients. They don't give the report to a newspaper.
      When they give reports to newspapers, it's to influence public opinion (which is the same reason every company gives reports to newspapers, it's not only banks who are doing that).

      --
      "First they came for the slanderers and i said nothing."
    15. Re:"Action" cheaper than "Inaction" is a surprise? by CaptainLard · · Score: 1

      Because it's not as though the financial industry could make staggering amounts of money from 'Carbon Credits'.

      No, sir. They're doing this for the good of the planet.

      Wow, someone getting rich and our environment stabilizing sure sounds like lose lose. Weirdly, its the exact opposite of that. Someone getting rich off saving the environment our society is accustomed to is probably the only chance our society has.

    16. Re:"Action" cheaper than "Inaction" is a surprise? by kurkosdr · · Score: 1

      Whose Tens of Trillions of Dollars? The people who will see their properties and crops destroyed by the changing of the climate and the more extreme weather parties? Sorry, lawmakers are not interested in that demographic. Neeeext!

    17. Re:"Action" cheaper than "Inaction" is a surprise? by HornWumpus · · Score: 1

      I'm sure the face value of US insurance policies exceed GDP as well.

      Do you know what a derivative is? Then why are you repeating the total face value number like it means anything. How much were the total premiums?

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    18. Re:"Action" cheaper than "Inaction" is a surprise? by PopeRatzo · · Score: 1

      Do you know what a derivative is? Then why are you repeating the total face value number like it means anything. How much were the total premiums?

      Do you know what a carbon credit is? How much is the total value of the energy those carbon credits represent?

      The point is, the fact that the entire carbon credit market is worth $30 billion proves the financial industry isn't going to make "staggering amounts of money" from it. And the fact that institutional investors will be trading carbon credits (as well as carbon credit derivatives) is an indication that more people than just "the financial industry" are going to make money from them.

      --
      You are welcome on my lawn.
    19. Re:"Action" cheaper than "Inaction" is a surprise? by riverat1 · · Score: 1

      The report states that the investments required for the inaction alternative were slightly larger than for the action alternative so Citibank makes money no matter which way you go.

    20. Re:"Action" cheaper than "Inaction" is a surprise? by phantomfive · · Score: 1

      That's the way banks prefer to have it, profit both ways.
      It wouldn't surprise me if they have another team somewhere that wrote a report that says the exact opposite.

      --
      "First they came for the slanderers and i said nothing."
    21. Re:"Action" cheaper than "Inaction" is a surprise? by volmtech · · Score: 1

      The global GDP is around $80 trillion. Ditching fossil fuels will cut it by 75% or more. I doubt damage from climate change will top one trillion in the next ten years. Argue long term all you want but near term the financial carnage from shutting down the fossil industry will be hundreds of trillions of dollars and hundreds of millions of lives.

      Keeping seven billion people alive without fossil fuels will be a very fine balancing act. With world wide cooperation and every dime of the worlds wealth it could be accomplished. What's most likely to happen is nothing but more talk.

    22. Re:"Action" cheaper than "Inaction" is a surprise? by a_n_d_e_r_s · · Score: 1

      1. Banks first give their reports to their customers.

      2. Customers make their investments in the market.

      3. Then the bank give the report to the media.

      4. Profit

      --
      Just saying it like it are.
    23. Re:"Action" cheaper than "Inaction" is a surprise? by HornWumpus · · Score: 1

      It depends if the 30 billion is an honest number and reflects money changing hands or if it's a lie (like your total derivatives number) that represents the total possible payout if all options turned out to be in the money (an impossibility as many are contrary bets).

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    24. Re:"Action" cheaper than "Inaction" is a surprise? by Plumpaquatsch · · Score: 1

      Actually estimates are that the carbon trading market will be $1 trillion by the end of the decade.

      Estimates by the same people who claim that Al Gore became rich with carbon trading ten years ago?

      --
      Of course news about a fake are Fake News.
  2. Fuck coal. by Anonymous Coward · · Score: 1

    That is all.

    1. Re:Fuck coal. by U2xhc2hkb3QgU3Vja3M · · Score: 1

      I know we can't argue tastes, but ouch. Be sure to use lots of lubricant!

    2. Re:Fuck coal. by riverat1 · · Score: 1

      I recommend brown coal. It's much softer.

  3. Re:Nukes by U2xhc2hkb3QgU3Vja3M · · Score: 4, Insightful

    If you'd stop calling them "nukes", it would help. That word is usually associated with bombing and deaths. And anyone who's pro-environment and anti-nuclear doesn't make any sense. Just because some nuclear power plants are badly designed and/or badly run doesn't mean the concept itself is flawed.

  4. Citibank by XXongo · · Score: 5, Informative

    Yes, what is interesting about this is who wrote it-- this is one of the first detailed analyses of the methods and costs of dealing with global warming that I've seen that is not from an advocacy group, and is written by people who actually have a clue about real world economics.

    1. Re:Citibank by Crashmarik · · Score: 1

      Citigroup tops the list of bailout recipients

      http://www.cnbc.com/id/4209955...

      How much will it cost this time around ?

    2. Re:Citibank by danbert8 · · Score: 2

      Exactly... Not like they correctly planned for the future in the past. Forecasting is more fantasy than fact.

      --
      Yes it's an anecdote! Were you expecting original research in a Slashdot comment?
    3. Re:Citibank by Anonymous Coward · · Score: 2, Interesting

      The other place to look is to insurance companies -- their entire livelihood is estimating the real risks, costs and benefits. Insurance companies all believe climate change is real and will have significant impacts.

    4. Re:Citibank by owski · · Score: 1

      Could be. Could also be that insurance companies can make a ton of money by getting people scared about unlikely risks and insure against them. That's a possibility, too.

    5. Re:Citibank by Layzej · · Score: 4, Informative

      Yes, what is interesting about this is who wrote it-- this is one of the first detailed analyses of the methods and costs of dealing with global warming that I've seen that is not from an advocacy group, and is written by people who actually have a clue about real world economics.

      Here is a survey of economists who also generally do not have a stake in a transition to the new energy economy: There is a strong consensus among the top economic experts that, in fact, climate change represents a real danger to important sectors of the U.S. and global economies. Moreover, most believe that the significant benefits from curbing greenhouse gas emissions would justify the costs of action. - http://resources.ofdan.ca/docs...

    6. Re:Citibank by khallow · · Score: 1

      this is one of the first detailed analyses of the methods and costs of dealing with global warming that I've seen that is not from an advocacy group

      What's detailed about it? They assume various estimates about costs are correct and use a low discount rate.

    7. Re:Citibank by amicusNYCL · · Score: 4, Insightful

      Look at Citi's motivation. They are trying to plan their investments for the future. They have come to the conclusion that investing in renewables, wind, nuclear, energy efficiency, etc is both a better investment and also avoids the potential major consequences of continuing to invest in coal. Where do you find the flaw in their research?

      --
      "Our two-party system is like a bowl of shit looking at itself in a mirror." - Lewis Black
    8. Re:Citibank by cbeaudry · · Score: 1

      I cant believe you got moded up for this.

      Citibank has a stake in this. They will make loads of money of carbon trading and loans on all the "ACTION" projects.

      Doing nothing does not "stimulate" the economy, thus no money for the banks.

      I am baffled by the usual "Dont trust the media and the banks" except when they talk about "Climate change". Than you can trust them without question.

    9. Re:Citibank by riverat1 · · Score: 1

      The report says the investment costs for the Action vs. Inaction options are nearly identical so I think Citibank would make money either way.

    10. Re:Citibank by cbeaudry · · Score: 1

      You must mean the invented costs based on magical predictions of the future based on conjecture.

      Option 1: Assured money for the banks
      Option 2: Maybe money for the banks, if things turn catastrophic

      Which option would you prefer if you where a bank?

      Again. Fear the banks in everything... except on climate change. Right??

    11. Re:Citibank by Jerry+Atrick · · Score: 1

      More than a decade ago a bunch of economists with no obvious bias ran the math and said prey much the same thing. With one huge difference, back then the result came out firmly in favour of action because more time was left to spread the investment over. All that happened is the fossil fuel industries threw more money at denial and we posed away the chance to start early and save money.

      And worst of all that investment brings worthwhile results whether there's a climate problem or not. Old news that powerful vested interests continue to want buried.

    12. Re:Citibank by Plumpaquatsch · · Score: 1

      Yes, what is interesting about this is who wrote it-- this is one of the first detailed analyses of the methods and costs of dealing with global warming that I've seen that is not from an advocacy group, and is written by people who actually have a clue about real world economics.

      Which of course means that the "sceptics" will reject it because of the all too obvious financial conspiracy.

      --
      Of course news about a fake are Fake News.
    13. Re:Citibank by tbannist · · Score: 1

      That would actually be impressive if they'd actually stolen from 150% of the U.S. population.

      --
      Fanatically anti-fanatical
    14. Re:Citibank by tbannist · · Score: 1

      So you don't believe the banks when they're talking about money and you don't believe the insurance industry when it's talking about insurance... Who do you believe? A retired mining engineer?

      --
      Fanatically anti-fanatical
    15. Re:Citibank by Crashmarik · · Score: 1

      You give me half a trillion in cash and guarantees, I'll be glad to give you .1% return over 7 years

      But maybe you understood this and had an agenda, hence the AC post.

    16. Re:Citibank by khallow · · Score: 1
      Glancing at Google, "detailed" means "having many details or facts; showing attention to detail." I don't think the report qualifies since it doesn't actually have that many details.

      How else did you manage to find something to pick at with the report?

      I knew where to look for the problems. And the number one problem with this sort of study is an artificially low discount rate which exaggerates future costs.

  5. Re:Nukes by penguinoid · · Score: 2

    Not true. "Nuke" is usually associated with food.

    --
    Don't waste your vote! Vote for whoever you want, unless you live in a swing state it won't matter anyways
  6. Re:Nukes by Drethon · · Score: 3, Funny

    So if we just call them a fundamental global cooling device we may get people to agree to a nuclear winter bombing?

  7. Sad Reality by foxalopex · · Score: 1

    I agree with the statement that we probably should do something before it becomes an unfixable problem assuming it hasn't already become an unfixable problem. It's like maintenance for your car. You can get lazy and wait till something breaks but at that point it will probably cost you a great deal more and be far more inconvenient than if you had kept up with maintenance. The reality or problem is that people are rarely ever pro-active and on top of that people who make a living on the "stay the course" lifestyle obviously don't want change because it threatens their living even if it were to all come crashing down someday. And crash it will, although we might be able to weather this storm, there's many in poorer countries that are the end of their rope so to speak. When you have no future, food or home because its underwater there's nothing stopping you from trying to take it by force.

    History I suspect will show that we either finally as a species managed to find some sort of co-operation and saved our world or we followed our own selfish interests and imploded.

    1. Re: Sad Reality by Mr+D+from+63 · · Score: 1

      Sad reality is that we can't overcome our preconceptions and decide on the right solutions based on practicality.

      For example, as wonderful as solar is, its lifecycle greenhouse gas emissions are on par with natural gas (see Figure 66 page 64 of report). But it is so hard for many to believe that they just deny it. Denial won't get us to where we need to be.

      https://ir.citi.com/hsq32Jl1m4...

  8. Re:Nukes by sideslash · · Score: 1, Informative

    If you'd stop calling them "nukes", it would help. That word is usually associated with bombing and deaths.

    I have to agree. It was purely an anomaly, what happened at Fukushima, Onagawa, Fleurus, Forsmark, Erwin, Sellafield, Atucha, Braidwood, Paks, Tokaimura, Yanangio, Ikitelli, Ishikawa, Tomsk, Cadarache, Vandellos, Greifswald, Chernobyl, Hamm-Uentrop, Tsuraga, Saint Laurent des Eaux, Three Mile Island, Jaslovské Bohunice, Lucens, Chapelcross, Monroe, Charlestown, Santa Susana Field Laboratory, Chalk River, Vina, Kyshtym, Windscale Pile, and Chalk River.

    Source: http://www.theguardian.com/news/datablog/2011/mar/14/nuclear-power-plant-accidents-list-rank

  9. Re:Couple problems with this by Anonymous Coward · · Score: 3, Insightful

    Carbon emissions only happen because they're cost effective.

    And they're only cost effective because of heavy cost externalization. (Pollution is a cost you force on everyone else.) And market distortion (Regulatory capture, trade protection, mineral exploitation of poor countries with corrupt governments, etc)

    If we develop cleaner tech now, the prices will come down in the future and become competitive. The market will solve the emission problem at that point. We can help the process by ending market distortion that favors pollution energy sources. (Subsidizing clean energy is an imperfect, but politically easy way to do this too)

    Just look at solar. Solar's been developing for a long time now and it's now clear that it will be cheaper than most other energy sources in the near future. For many it's already a viable alternative. Once we build a smart, decentralized, elastic power grid with local storage you'll see shiny blue fields and rotating blades everywhere. It's inevitable. Gas powered cars will follow in short order.

  10. Re:I'm sure they are right.... by silas_moeckel · · Score: 1

    Fission via cookie cutter design. We need to make modern reactors, something you build in a factory, something that has a standard interface, and general has a design life.

    Companies are trying to get this going, things like sealed reactors that are expected to got back and get refurbished, scrapped or whatever in 30 years.

    Right now we keep building one off's as to get the political support you need to hire a pile of construction workers for years to build everything. Problem is they cost massive amounts to build and operate.

    --
    No sir I dont like it.
  11. Re:Nukes by NatasRevol · · Score: 4, Insightful

    As opposed to all the radiation being released every day by coal plants?

    --
    There are two types of people in the world: Those who crave closure
  12. Here's the thing about disasters. by hey! · · Score: 1

    There's no such thing as a disaster that's a disaster for everyone. War is a disaster for people in general, but it's great for munitions makers. Hurricanes are no good for the people who live through them, but very good for companies that sell them building materials.

    Every catastrophe is a windfall for someone. If the public saves tens of trillions of dollars by slowing down climate change then that's tens of billions of dollars of revenue somebody won't be making.

    --
    Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
    1. Re:Here's the thing about disasters. by ClickOnThis · · Score: 1
      --
      If it weren't for deadlines, nothing would be late.
    2. Re:Here's the thing about disasters. by hey! · · Score: 1

      A win-win game is not the only kind of non-zero-sum game there is. Suppose I set up a game in which the amount I win is 1/10 of what everyone else loses. I win $100; everyone else loses $1000. If I add up the net gains in the whole game, what we have as a net loss of $900 for all players. It's not fair; it's not reasonable for the community of players to favor such rules, but nonetheless I'm still up $100.

      Broken windows may not be a net good thing for the community as a whole, but it certainly is a good thing for the glaziers.

      --
      Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
    3. Re:Here's the thing about disasters. by hey! · · Score: 1

      The broken window fallacy is about societal opportunity costs. What do you think it's about?

      --
      Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
  13. Nukes are safer than coal. by Layzej · · Score: 4, Interesting

    Compare deaths from nukes vs deaths from coal. There is no comparison. For each person killed by nuclear power generation, 4,000 die from coal. Nuclear is by far the safer option - http://www.the9billion.com/201...

    1. Re:Nukes are safer than coal. by PraiseBob · · Score: 1, Interesting

      You have to also balance the thousands of square miles of radioactive wasteland that currently exist, that won't be habitable for thousands of year without a jump in technology. And you have to consider the safety requirements of storing the waste securely, forever. And you have to consider what would happen in the event of a conventional or terrorist attack on a nuclear plant, unless you simply choose to believe that humans will stop going to war, and that a true "total war" will never happen in the future.

      Yes, coal is dangerous, and has serious drawbacks, and definitely has a fixed number of deaths that can be attributed to it every year. But an enemy determined to stop the energy production of a country that has widespread nuclear energy could dwarf those numbers in a single strike. It isn't a black and white issue, and you can't simply assume a best case peacetime scenario in perpetuity.

    2. Re:Nukes are safer than coal. by Mr+D+from+63 · · Score: 4, Informative

      Wasteland? How about thriving natural areas.

      There are plenty of ways to cause mass destruction. Chemicals are far more scary. (look up Bhopal). Fear can't drive us to be impractical and ignore proven solutions in hopes of a miracle breakthrough.

    3. Re:Nukes are safer than coal. by phantomfive · · Score: 1

      You have to also balance the thousands of square miles of radioactive wasteland that currently exist, that won't be habitable for thousands of year without a jump in technology.

      As opposed to destroying entire mountains? Those mountains will never exist again.

      --
      "First they came for the slanderers and i said nothing."
    4. Re:Nukes are safer than coal. by Anonymous Coward · · Score: 1

      You mean wastelands like Centralia, Pennsylvania?

      https://en.wikipedia.org/wiki/Centralia,_Pennsylvania

    5. Re:Nukes are safer than coal. by PraiseBob · · Score: 1, Interesting

      Thriving?? The areas closest to Chernobyl have very little life. The forest is so dead, that the dead leaf litter from 30 years ago is still sitting on the ground, because there are no microbes to break the leaves down. There is no microbial life, and thus no plant life. The exclusion zone is much larger than the dead zone, and some of the area has low radiation and is indeed thriving. But there are still hundreds of square miles where the trees will likely still be standing in a thousand years, because they are too radioactive to decompose.

      Don't get me wrong, I'm pro-nuclear energy, but when you look at the risk / reward, you have to throw in potentials for meltdown on the nuke side, and potentials for global warming on the coal side. You can't just compare historic figures of estimated annual deaths per year.

    6. Re:Nukes are safer than coal. by CrimsonAvenger · · Score: 2

      You have to also balance the thousands of square miles of radioactive wasteland that currently exist

      Which "thousands of square miles of radioactive wasteland" would that be?

      That certainly doesn't describe the area around Chernobyl, which is basically forest like it's always been, with a few people plus a large amount of the usual wildlife.

      Fukushima? Nope, no radioactive wasteland there either.

      Closest I can come to finding a "radioactive wasteland" on Earth today are coal-ash heaps outside coal plants. Pretty much nothing grows,and the solid radioisotopes make it as close to a "radioactive wasteland" as you'll find on Earth today....

      --

      "I do not agree with what you say, but I will defend to the death your right to say it"
    7. Re:Nukes are safer than coal. by Dixie_Flatline · · Score: 4, Insightful

      Oh, you mean versus all that pristine land that coal mines leave behind? Or if you step slightly to the side and consider the tar sands, the utterly blighted landscape left by that mining operation. The tailings ponds leak into the ground water, poisoning everything. Both Chernobyl and Fukushima have things living in their exclusion zones. There aren't any exclusion zones for the tar sands, and nothing can live there. If birds land in the tailings ponds--and they do--they pretty much immediately die.

      The tar sands are considered a SAFE operation, one that's operating within the bounds of the law. This is what happens when there are NO accidents. With operations like these, who needs meltdowns?

    8. Re:Nukes are safer than coal. by techno-vampire · · Score: 2

      Most people would think that Ground Zero, right where a nuke went off (or below where it went off, for an air burst) would be the best example of a radioactive wasteland, but it's not. There are two places in Japan known as "Peace Park," one in Hiroshima and the other in Nagasaki. I've visited the second of the two and stood on the grass next to the statue pointing straight up to where the blast went off back in 1945. I mentioned this to a friend, once, and learned that he'd been to the other one and they're both covered with grass, bushes, trees and flowers.

      --
      Good, inexpensive web hosting
    9. Re:Nukes are safer than coal. by Mr+D+from+63 · · Score: 4, Informative

      The areas you are talking about are very small patches, and there is no where that has zero microbial life. True, there are places that are impacted very close to the plant, but far from the 'thousands of acres'.

      You can consider human life as an element, or you can ignore that element if you want. There are many factors, cost, practicality, certainty, reliability, etc. If you consider human health overall, nuclear power has been one of the most advantageous sources of energy ever devices, second probably to hydro. If you consider CO2 contribution/offset, then it is right on top as well.

    10. Re:Nukes are safer than coal. by TapeCutter · · Score: 4, Interesting

      The same explosion of wildlife was seen in Korea's DMZ, a strip of land that cuts the peninsula in half and is chock full of landmines. It appears that the mere presence of urbanised humans is more detrimental to wildlife than a nuclear disaster. As a science based greenie I have to tentatively conclude that nuclear disasters are a very effective way to create large wilderness areas.

      Disclaimer: I would welcome a properly managed nuke replacing the local coal plant (Hazelwood - said to be the dirtiest coal plant in the world), I say "well managed and modern" because even with the spectacular benefits nuclear disasters have to the natural environment, I'm still NOT ok with a nuclear disaster in MY backyard. ;)

      --
      And did you exchange a walk on part in the war for a lead role in a cage? - Pink Floyd.
    11. Re:Nukes are safer than coal. by TapeCutter · · Score: 2

      Way too many workers died during the construction of Hoover dam, the root cause of death was the same as chernobyl - hubris.

      --
      And did you exchange a walk on part in the war for a lead role in a cage? - Pink Floyd.
    12. Re:Nukes are safer than coal. by TapeCutter · · Score: 1

      There are lakes in the former USSR, abandoned tailings dams, it's said the radiation from them so intense it will kill a human standing on its shore within 2hrs.

      --
      And did you exchange a walk on part in the war for a lead role in a cage? - Pink Floyd.
    13. Re:Nukes are safer than coal. by BoogieChile · · Score: 1

      > hundreds of square miles

      What happened to thousands?

    14. Re:Nukes are safer than coal. by Pseudonym · · Score: 1

      Disclaimer: I would welcome a properly managed nuke replacing the local coal plant (Hazelwood - said to be the dirtiest coal plant in the world), [...]

      I agree, but to be fair, two things that Victoria has no shortage of is waves and wind.

      --
      sub f{($f)=@_;print"$f(q{$f});";}f(q{sub f{($f)=@_;print"$f(q{$f});";}f});
    15. Re:Nukes are safer than coal. by Plumpaquatsch · · Score: 1

      Closest I can come to finding a "radioactive wasteland" on Earth today are coal-ash heaps outside coal plants. Pretty much nothing grows,and the solid radioisotopes make it as close to a "radioactive wasteland" as you'll find on Earth today....

      And ten years later those coal wastelands look a little different, and there are no armed guards who keep you from entering. http://www.theguardian.com/env...

      --
      Of course news about a fake are Fake News.
    16. Re:Nukes are safer than coal. by thegarbz · · Score: 1

      Yep because coal slurry pits are so environmentally friendly, as are open cut coal mines which could be 1/10th of the size if they were pulling out uranium.

    17. Re:Nukes are safer than coal. by Uberbah · · Score: 1

      There is no comparison. For each person killed by nuclear power generation, 4,000 die from coal.

      There's also no comparison in the amount of power generated by coal vs nuclear. Calculate deaths per megawatt generated, or a it's a lie of omission.

      Nuclear is

      ...corporate welfare fluffing Tom Swift fanboys. It's by far the most expensive power source ever invented by man - billions to construct, billions more to supply and maintain, hundreds of billions more to insure and store the waste for thousands of years.

      And that's if you're doing it the safest way possible: have all nuke plants run by the U.S. Navy, or force the CEO, managers, board of directors, and top 1000 shareholders of for-profit power companies to live on plant grounds, and forbid them from leaving in the event of a meltdown.

    18. Re:Nukes are safer than coal. by Layzej · · Score: 1

      Calculate deaths per megawatt generated

      That is what was done in this case. See the text under the first graph? "Death rate per watts produced." Very safe indeed..

  14. Re:Nukes by Drethon · · Score: 2

    Yeah, at this rate all of the nuclear accident deaths (~40k up to ~300k depending on who you trust) will catch up with pollution deaths (7 million a year) in a few hundred years if we were to use nuclear power for everything.

  15. Re:I'm sure they are right.... by ShanghaiBill · · Score: 4, Informative

    In the short term, however, I am fairly confident that successfully slowing global warming will cost a pretty tidy penny itself

    This has not been true so far. The biggest reductions in CO2 have come from:
    1. Gas produced from hydraulic fracturing, replacing coal
    2. Efficiency improvements, such as LED lighting, variable speed DC motors, etc.
    These have SAVED money.

    Of course, massive government subsidies for solar power and electric vehicles have cost a lot, but those haven't actually contributed much to CO2 reductions.

  16. Re:Nukes by Applehu+Akbar · · Score: 1

    "That word is usually associated with bombing and deaths."

    The flat-earth lobby will associate any other term with bombing and death also. Because years ago it decided to come out against the whole upper region of the periodic table, any use of nuclear against AGW will have to take place over their dead bodies. Time to warm up the legal steamroller now.

  17. Don't cry for industry by fustakrakich · · Score: 1

    Who gives a damn about the coal industry? I mean, what about the heroin industry? Dealers have a right to make a living, right?

    --
    “He’s not deformed, he’s just drunk!”
    1. Re:Don't cry for industry by ksheff · · Score: 1

      The coal industry can look to using it as a source material for other products instead of just an energy source.

      --
      the good ground has been paved over by suicidal maniacs
    2. Re:Don't cry for industry by fustakrakich · · Score: 1

      Then that's exactly what should happen. We shouldn't burn it just to prop up a market and create a demand. And the same is happening with natural gas. When it's too expensive to bottle up, they just burn it off. This broken window theory is the scaffolding behind the facade of many our markets, and it is most blatant in the basics, like food and energy. Over half of what we make is thrown away. Yes, we could save trillions of dollars, and more importantly millions of hours of human effort. Let's start by taking back Citi's bailout money and putting into drought and flood relief.

      --
      “He’s not deformed, he’s just drunk!”
  18. Citibank Business and FInancial Acumen by sycodon · · Score: 1

    So Citibank made billions in bad loans, almost went under, took massive bailouts and then awarded their executives huge bonuses.

    What does this say about their knowledge of financial matters?

    --
    When Fascism comes to America, it will call itself Anti-Fascism, and tell you to give up your guns.
    1. Re:Citibank Business and FInancial Acumen by CaptainLard · · Score: 1

      Apparently it says they know what they're doing cause all that stuff happened and their current market cap is $151B. ...not that we should be happy about it of course.

  19. Nuclear Fusion by Zobeid · · Score: 1

    If we really took this problem seriously, we'd be pushing hard on nuclear fusion research. I suspect we could have had fusion plants up and running before 2000 if there had been research funding. Now it's 2015 and we've got lots of fusion research projects limping along on shoestring budgets, plus ITER which is paralyzed by bureaucracy and international politics. (Remember the 20 years they wasted arguing over where to build it?)

    If we managed the Apollo Program the way we've managed ITER, people today would still be laughing at the idea of space travel and joking that "A moon landing is thirty years away -- and always will be!"

  20. Re:Couple problems with this by Anonymous Coward · · Score: 1

    Solar is only cost effective because of heavy cost externalization (Taxes for Solyndra subsidies is a cost you force on the middle class).

  21. Something about a bank funded study.... by Needs2BeSaid · · Score: 3, Insightful

    For some unknown reason, seeing a BANK funded study makes me not trust it.

    --
    Some things need to be said...
    1. Re:Something about a bank funded study.... by cbeaudry · · Score: 1

      Finally, someone who can reason.

      For some reason, when it comes to climate change, people have blinders.

    2. Re:Something about a bank funded study.... by Solandri · · Score: 1

      Why not? The bank has lots of money to invest. It wants to know where the smartest place to invest it is. So it commissions a study to figure that out. Assuming they follow through with their investment, they're putting their money where their mouth is. Which is more than I can say for both sides of the climate debate (one side wants to control how other people's money is spent, the other side doesn't want to pay for damage caused by their own choices).

    3. Re:Something about a bank funded study.... by cbeaudry · · Score: 1

      When a study commissioned by a bank is leaked to the press, its to influence the markets.

      If you don't see that, I feel sorry for you and your ideology.

  22. Re:Climate Change is a Hoax by belthize · · Score: 1

    Yep you're off the standard left-right conspiracy axis and off into imaginary space.

  23. Missing the point by ThatsNotPudding · · Score: 1

    A goodly chunk of the One Percent _want_ AGW-fueled (emphasis on FUEL) disasters, as it will 'thin the herd' of the underclass (starting with foreigners but eventually even the domestic useful idiots), all the while turning a hefty profit. It's just "Make Room! Make Room!" with a sound ROI.

  24. Re:The "pause" has been mighty convinient by director_mr · · Score: 2, Insightful

    But THIS time their predictions are accurate, and they really mean it. Sure, the goalposts keep moving, but the important thing is their prediction is apocalyptic, so you HAVE to listen and take action. The actual accuracy of the predictions isn't important.

    Oh wait, you are interested in actually dealing with reality instead of an agenda?

  25. Re:Nukes by jklovanc · · Score: 5, Informative

    That seems like a long list until you look at what is on that list. You are placing Atucha in the same category with Fukushima. At Atucha one worker was exposed above the annual limit. That is very different than a meltdown. Of that list there have been 3 releases of radioactivity. Three Mile Island of those was 35 years ago. Chernobyl was built 35 years ago. Technology changes and gets better over time.

  26. Re:Nukes by Mr+D+from+63 · · Score: 2

    I have to agree. It was purely an anomaly, what happened at Fukushima, Onagawa, Fleurus, Forsmark, Erwin, Sellafield, Atucha, Braidwood, Paks, Tokaimura, Yanangio, Ikitelli, Ishikawa, Tomsk, Cadarache, Vandellos, Greifswald, Chernobyl, Hamm-Uentrop, Tsuraga, Saint Laurent des Eaux, Three Mile Island, Jaslovské Bohunice, Lucens, Chapelcross, Monroe, Charlestown, Santa Susana Field Laboratory, Chalk River, Vina, Kyshtym, Windscale Pile, and Chalk River.

    You are having trouble, I see, distinguishing commercial nuclear energy events from cold war nuclear activity& related waste events, and also from distinguishing events with radiation releases from other events, and likely don't understand the relative impact of any of them.

  27. Re:Nukes by NoNonAlphaCharsHere · · Score: 3, Informative

    1952, Chalk River, Canada: A reactor shutoff rod failure, combined with several operator errors, led to a major power excursion of more than double the reactor's rated output at AECL's NRX reactor.

    Many of the other "nuclear accidents" (OMG!! OMG!!!) you're trolling are equally exciting, and this one is rated at 5 on a scale of 1-7.

  28. Re:I'm sure they are right.... by mark-t · · Score: 1

    They reason EV's haven't contributed much to CO2 reductions is because there isn't enough of them. They represent but the a tiny fraction of just 1 percent of the total number of vehicles out there.

    Between that and the fact that much of the main power grid, from which electric vehicles ultimately derive their power, is still often using less than environmentally friendly approaches to power generation, it is hardly surprising that EV usage has not contributed very much to CO2 reduction. The fact that it has produced as much reduction as it actually *has* speaks volumes to how much of a difference it could make if such vehicles became the norm instead of the exception.

    But yes.... it will be expensive. Believing otherwise is only putting idealism ahead of realism.

  29. Re:I'm sure they are right.... by Mr+D+from+63 · · Score: 1

    Add other energy improvements such as insulation, higher efficiency HVAC, etc. Also, extending the life of existing nuclear plants in the US has offset huge amounts.

  30. Re:Nukes by JazzLad · · Score: 1

    Or 'a Cola' ....

    --
    "If you have nothing to hide, you have nothing to fear." - Every fascist, ever
  31. Re:Nukes by sjames · · Score: 3, Interesting

    That list is clearly bogus. For example it lists Onagawa. The plant did shut down a couple times due to earthquakes but those shutdowns went by the book and so can't properly be considered nuclear incidents at all.

    Of the ones that don't represent things going exactly as expected, or non nuclear incidents at a nuclear plant (a fire in an administrative building, REALLY?), most are industrial accidents that released no radiation into the environment (because the safety systems worked as designed).

    For all the FUD, TMI released less radiation than a typical coal plant does in normal operation.

  32. Re:The "pause" has been mighty convinient by MobyDisk · · Score: 1

    That fictional disaster show wasn't accurate? Shocking!

  33. I'd believe insurance over a banker by Overzeetop · · Score: 1

    Insurance is more believable than Citibank - which relies on loans and investment in capital growth areas for income. (of which Coal and other established utilities are not)

    Insurance has it's own flaws. Many of the WTF provisions in the building code (wired, networked smoke alarms without requiring a central management point or cutoff, residential sprinkler systems, head heights, deck railing requirements, etc.) have been written by the insurance industry to reduce their risk. Still, on a long term, overview approach to reducing risk and costs, they're pretty astute.

    --
    Is it just my observation, or are there way too many stupid people in the world?
  34. Re:I should have thought of that by PopeRatzo · · Score: 4, Interesting

    Surely you can trust a BANK. And of all the banks, Citibank is surely the most trustworthy. /SARCASM

    So let's see..we'll make a list of the people who cannot be trusted when it comes to climate change:

    1. Climate scientists
    2. NASA
    3. The Insurance Industry, which is already figuring climate change into their actuarial tables
    4. The energy industry, which is already using climate change models in their strategic planning
    5. The military, which is already using climate change models in their strategic planning
    6. The financial industry

    I guess all that's left for you to trust is Alex Jones, Breitbart, Fox News and Jesus. Good luck with that.

    --
    You are welcome on my lawn.
  35. Re:I'm sure they are right.... by frovingslosh · · Score: 1

    I prefer to think of it as banks will play along with whoever is in power. Or, on may cases, both parties. Look how their political contributions go to both opposing sides.

    --
    I'm an American. I love this country and the freedoms that we used to have.
  36. Re:I'm sure they are right.... by doconnor · · Score: 1

    Those subsidies will pay off in the coming decades when those things become cheap enough for everyone.

  37. Re:Couple problems with this by Thagg · · Score: 1

    Not true. West Texas doesn't subsidize solar, and there are mammoth solar arrays being installed there. Note that this is the Wall Street Journal, not a particularly liberal paper.

    --
    I love Mondays. On a Monday, anything is possible.
  38. Switch from coal to nuclear to reduce radiatiion by Layzej · · Score: 4, Informative

    If you are worried about the radiation then you have another good reason to switch from coal to nuclear. "the fly ash emitted by a power plant—a by-product from burning coal for electricity—carries into the surrounding environment 100 times more radiation than a nuclear power plant producing the same amount of energy." - http://www.scientificamerican....

    And then you need to consider the turnover time of CO2 in the atmosphere is measured in centuries, not years. - http://www.ipcc.ch/publication...

  39. Not the right mentality. by geekmux · · Score: 1

    "The biggest loser stands to be the coal industry, where we estimate cumulative spend under our Action scenario could be $11.6 trillion less than in our Inaction scenario over the next quarter century, with renewables, wind and nuclear (as well as energy efficiency) the main beneficiaries."

    Wrong.

    The main beneficiaries here are humans, as we wise up and discover more and better ways of creating energy that do not rely upon resources that are depleting and will eventually no longer exist for our use.

    I grow tired of seeing only a capitalistic viewpoint as we look to define winners and losers in this ever-growing problem that the human race faces. Buggy-whip manufacturers are not viewed as "losers" today. Their technology was merely replaced, just as coal and oil will be one day.

  40. Re:I'm sure they are right.... by ShanghaiBill · · Score: 1

    Those subsidies will pay off in the coming decades when those things become cheap enough for everyone.

    It is not clear if this is true. Some economists believe the subsidies are counter-productive, because they have encouraged the mass production of inferior technologies, and drained resources away from research into technologies that actually make sense. Subsidies for R&D are probably a good idea. Subsidies for mass production, not so much.

  41. But... Think of West Virginia by morgauxo · · Score: 1

    Where will all those miners go to get their tumors?

  42. Re:I should have thought of that by Layzej · · Score: 4, Interesting

    I guess all that's left for you to trust is Alex Jones, Breitbart, Fox News and Jesus. Good luck with that.

    You've placed Jesus on the wrong list. He's on side with the economists/scientists/etc (so sayeth the pope): http://www.christianpost.com/n...

  43. easy to argue, to show a path of action is stupid by raymorris · · Score: 1

    Also, this is prima facie false (althpugh liberals often rely on it being true):

    > it is hard to argue against a path of action

    Not at all. Here ya go:

    Sticking a pencil in your eye is a path of action.
    Sticking a pencil in your eye is obviously stupid.
    Therefore, the path of action is stupid.

    The question isn't "should we get out of bed and do something today?" The question is "WHAT should we do today? Should we go to work, rob our neighbor's house, plant a tree?" Another important question that is often debated, though in different terms, is "who is this 'we'?"

    It's pretty obvious that things need to get done.
    WHAT should be done? HOW should it be done? WHO should do it? What are the COSTS? How will it be PAID for? What are the alternatives? These are the questions of the day, and of every day.

    Many, if not most, discussions with liberals follow this pattern:
    Something should be done.
    Plan X is something.
    Therefore, plan X should be done.

    Note they don't bother to read plan X. Plan X is something, and something should be done, so we should do plan X.

    You have to pass the bill to know what's in it.

    The other question about "we should do something" is "who is we"? My wife and I have a daughter. She's a year old, so she can't read yet. We should teach her to read. Who is the "we" who should teach her? My wife and I? The local school district? The federal government? These are questions worth discussing.

  44. Risk vs. Reward by Tokolosh · · Score: 1

    In the inaction scenario the technology and costs are fairly certain and predictable. But there is a possibility that they may be avoidable if warming turns out to be less than predicted.

    In the action scenario there is a risk that all the abatement expenditure was fruitless, either because it didn't work, was too late to be of use, or because it just wasn't needed in the first place. Even so, the commitment will have been made and adaptation and cost avoidance impossible - money down the drain.

    So without a huge economic benefit to either option, it comes down to risk and flexibility.

    Also remember that there are more than these two options, having their attendant risks. Geoengineering, for example.

    --
    Prove anything by multiplying Huge Number times Tiny Number
    1. Re:Risk vs. Reward by losfromla · · Score: 1

      Geoengineering, for example.

      Geoengineering?
      we can't even clean all of the garbage out of the ocean that is accumulating there.
      You going to engineer the Amazon back into health? Replace the ice that is no longer recovering? Put back the methane that is escaping as ice recedes and ocean water warms? De-acidify the ocean? While continuing to burn coal and petroleum and pour pesticides into the earth and ocean thus acidifying the ocean and destroying the fertility of the earth?

      --
      Only I can judge you.
    2. Re:Risk vs. Reward by Tokolosh · · Score: 1

      we can't even clean all of the garbage out of the ocean that is accumulating there.
      You going to engineer the Amazon back into health? Replace the ice that is no longer recovering? Put back the methane that is escaping as ice recedes and ocean water warms? De-acidify the ocean? While continuing to burn coal and petroleum and pour pesticides into the earth and ocean thus acidifying the ocean and destroying the fertility of the earth?

      Why do these things need to be done?

      --
      Prove anything by multiplying Huge Number times Tiny Number
    3. Re:Risk vs. Reward by losfromla · · Score: 1

      Because those are the things that are being caused by global warming and you were talking about fixing problems with geoengineering. What were you planning/hoping/praying could be fixed with geoengineering?

      --
      Only I can judge you.
    4. Re:Risk vs. Reward by Tokolosh · · Score: 1

      Trash in the ocean is caused by global warming?

      --
      Prove anything by multiplying Huge Number times Tiny Number
    5. Re:Risk vs. Reward by losfromla · · Score: 1

      Trash was the side example, getting that trash to the ocean definitely did (mining, manufacturing, transporting, disposing) and in large amounts it begins to function like a landfill, if I remember correctly.

      Back to the main point, please respond on your wishes for geoengineering and what it can magically do for us and how you will power this wonderful machine.

      --
      Only I can judge you.
    6. Re:Risk vs. Reward by Tokolosh · · Score: 1

      I never made any claims, only that it is an example of other options, which should also be considered.

      --
      Prove anything by multiplying Huge Number times Tiny Number
    7. Re:Risk vs. Reward by losfromla · · Score: 1

      Magical options don't count as options.

      --
      Only I can judge you.
    8. Re:Risk vs. Reward by Plumpaquatsch · · Score: 1

      Geoengineering, for example.

      Geoengineering? we can't even clean all of the garbage out of the ocean that is accumulating there. You going to engineer the Amazon back into health? Replace the ice that is no longer recovering? Put back the methane that is escaping as ice recedes and ocean water warms? De-acidify the ocean? While continuing to burn coal and petroleum and pour pesticides into the earth and ocean thus acidifying the ocean and destroying the fertility of the earth?

      No, no - the obvious solution is to block incoming sunlight. Anybody pointing out that plants need sunlight just hates progress.

      --
      Of course news about a fake are Fake News.
  45. Re:Nukes by dcollins · · Score: 1

    Still no resolution to the waste issue.

    Now start the "things we could do in theory" discussion.

    --
    We know where leadership by an anti-intellectual "strongman" who scapegoats minorities and likes boisterous rallies goes
  46. Re:I'm sure they are right.... by Anonymous Coward · · Score: 1

    You do know that underground coal mine fires in China produce as much CO2 as the US vehicle fleet, right? Coming up with a good way of extinguishing those fires would help reduce CO2, but it's a lot harder than it sounds. There have been some fires in Australia that have been burning for thousands of years.

  47. Re:Nukes by bondsbw · · Score: 1

    Not sure where you got your numbers, but you appear to be comparing total nuclear deaths to rate of pollution deaths. What is the rate of nuclear deaths?

    --
    All my liberal friends think I'm a conservative, all my conservative friends think I'm a liberal.
  48. Re:Nukes by ganjadude · · Score: 1

    we had a resolution, and spent billions on it, only for the nimbys and enviros to screw that all up

    --
    have you seen my sig? there are many others like it but none that are the same
  49. Re:Climate Change is a Hoax by sideslash · · Score: 1

    And for the "climate change" nazis,

    Hi, Nazi here.

    overdue for a mini ice age phenomena.

    The word "phenomena" is plural. You should say "a ... phenomenon" to make it singular. Thank you, that is all.

  50. Re:I'm sure they are right.... by phantomfive · · Score: 1

    Of course, massive government subsidies for solar power and electric vehicles have cost a lot, but those haven't actually contributed much to CO2 reductions.

    lol that's the saddest thing I've read all day. In a hilarious way.

    --
    "First they came for the slanderers and i said nothing."
  51. Re:I'm sure they are right.... by khallow · · Score: 1

    Those subsidies will pay off in the coming decades when those things become cheap enough for everyone.

    Unless, of course, that doesn't happen. Just because you assert something will happen doesn't mean it will.

  52. Re:Couple problems with this by Straif · · Score: 1

    The article still mentions federal subsidies as well as local subsidies (10 year tax abatements). An article linked in the comments or you linked article even talks about how the projects have slowed since the State stopped handing out subsidies.

    --
    Of course that's just my opinion...... you could be wrong!
  53. It was FICTION, sheesh! by MobyDisk · · Score: 1

    Is Slashdot modding up posts that judge science by fictional TV shows?

    No goalposts were set since that show wasn't making actual scientific predictions. It was a pseudo-reality TV disaster show. People were even encouraged to send in their own footage imagining future disasters caused by global warming. It was called "Earth 2100" because the depictions of the year 2015 were just setups for the disasters that would happen 100 years later in the show.

    Here's a quote from the producer:
    "this program was developed to show the worst-case scenario ... we are not saying that these events will happen..." According to the linked article, some of the scientists consulted on the show didn't think the scenarios were plausable even in 2100.

    Let us not judge science by TV shows. If we did, I'd be complaining about the lack of robots with vacuum-cleaner hoses for arms. :-)

    1. Re:It was FICTION, sheesh! by Attila+Dimedici · · Score: 1

      The thing is, the scientists were telling us that hurricanes were going to get worse, that children in Britain would never see snow, and a bunch of other predictions that that have not come true.

      --
      The truth is that all men having power ought to be mistrusted. James Madison
    2. Re:It was FICTION, sheesh! by riverat1 · · Score: 1

      The thing is charlatans take scientists statements, strip the of context and blow them all out of proportion in order to build a straw man so they can say "Look, they were wrong". For instance "children in Britain would never see snow" morphed from "snow may become a rare and exciting event for British children".

    3. Re:It was FICTION, sheesh! by Attila+Dimedici · · Score: 1

      No, it did not strip the statement of context. The actual original quote, from an article titled "Snowfalls are now just a thing of the past", was "Children just aren't going to know what snow is." The entire article, from the year 2000, quotes various authorities who all agree that milder winters are here to stay while explaining the consequences of those milder winters. And even if we take your quote as what he meant, he was completely wrong. Snow has not become a rare event for British children.

      --
      The truth is that all men having power ought to be mistrusted. James Madison
    4. Re:It was FICTION, sheesh! by riverat1 · · Score: 1

      Snow has not become a rare event for British children.

      Yet. But I suspect it's rarer for them than it was for their parents and grandparents.

    5. Re:It was FICTION, sheesh! by Attila+Dimedici · · Score: 1

      The evidence I have seen suggests that you are wrong.

      --
      The truth is that all men having power ought to be mistrusted. James Madison
    6. Re:It was FICTION, sheesh! by Plumpaquatsch · · Score: 1

      No, it did not strip the statement of context. The actual original quote, from an article titled "Snowfalls are now just a thing of the past", was "Children just aren't going to know what snow is." The entire article, from the year 2000, quotes various authorities who all agree that milder winters are here to stay while explaining the consequences of those milder winters. And even if we take your quote as what he meant, he was completely wrong. Snow has not become a rare event for British children.

      Odd that there is no actual time frame for that quote, ehh?

      Here is another quote from that article: "Heavy snow will return occasionally, says Dr Viner, but when it does we will be unprepared. "We're really going to get caught out. Snow will probably cause chaos in 20 years time," he said."

      And people like you blame him because that happened 10 years early.

      --
      Of course news about a fake are Fake News.
    7. Re:It was FICTION, sheesh! by Attila+Dimedici · · Score: 1

      There is a difference between a rare snowfall causing chaos and the chaos of an entire winter of record level snowfalls. I just love how the true believers are perfectly OK with calling a theory that is completely unfalsifiable "scientific". It is clear from that article, which was published in 2000, that the scientist proponents of AGW being quoted were saying that global warming would mean that Britain would get little to no snow for the indefinite future, so little snow that what little did fall would cause chaos.

      --
      The truth is that all men having power ought to be mistrusted. James Madison
  54. Re:Timothy and global warming. by serviscope_minor · · Score: 1

    You actually thing global warming is a hoax?

    If so, there's no point in trying to reason with you since you've managed to shut out mountains of evidence. All that's left is to point and laugh at the silly people.

    --
    SJW n. One who posts facts.
  55. Javon's Paradox by madsenj37 · · Score: 1

    I do not have time to fully read the report, but doubt they address Javon's Paradox. From Wikipedia: "In economics, the Jevons paradox (sometimes Jevons effect) occurs when technological progress increases the efficiency with which a resource is used (reducing the amount necessary for any one use), but the rate of consumption of that resource rises because of increasing demand.[1] The Jevons paradox is perhaps the most widely known paradox in ecological economics.[2] However, governments and environmentalists generally assume that efficiency gains will lower resource consumption and are an effective policy for sustainability, ignoring the possibility of the paradox arising.[3]"

    --
    Choosing the lesser of two evils is a choice for evil.
  56. Re:Nukes by kheldan · · Score: 2

    Yeah, please do stop referrring to nuclear power as 'nukes' because it does sound like you're talking about weapons of mass destruction. And, I agree with you about extremist environmentalists. Of course they're against any kind of power generation, I think if they had their way we'd be back living a subsistence existence with no technology beyond muscle power, but then they don't want to give up their iPhones or Priuses now do they? Many of them talk the talk but can't walk the walk.

    --
    Are YOU using the TOOL, or is the TOOL using YOU? Think about it!
  57. Re:Nukes by serviscope_minor · · Score: 1

    Windscale was not a nuclear powerplant. Trying to claim it as a nuclear power accident is deeply disingenuous. TMI which is the third worst leaked almost no radiation and is completely stable.

    --
    SJW n. One who posts facts.
  58. Re:Nukes by kellymcdonald78 · · Score: 3, Funny

    Plus it was so bad, he mentioned it twice. I remember the time I died of radiation sickness after visiting the barren wasteland that is Chalk River

  59. Re:Nukes by Coren22 · · Score: 1

    0/year.

    Seriously, the only way to get a number of deaths from nuclear is to include mining accidents (falling rock...not radioactive fallout) and all the deaths from the bombs dropped.

    --
    APK likes to ask for responses to the same things over and over. Maybe he just likes the responses?
  60. Re:The "pause" has been mighty convinient by NoOneInParticular · · Score: 1

    Why do you think climate scientists predict the price of milk or gas? You're confusing disciplines here. (Or, more likely, you listen to the news for your predictions. Here's a hint: only the crazies make the news. The guys doing the real work seldom do.)

  61. Re:Nukes by Coren22 · · Score: 1

    There are many resolutions to the waste issue, it is just that environmental wackos won't let them happen, it is far better for the waste to sit outside the plants in ponds.

    Reprocessing
    Bury in salt mine
    Vitrification
    Reprocessing!

    --
    APK likes to ask for responses to the same things over and over. Maybe he just likes the responses?
  62. 1. Prove it's a globe; 2. Prove it's warming by Thing+1 · · Score: 1

    That's my answer to "global warming".

    See "Zetetic Astronomy", which contains a number of proofs that it's not a globe.

    "They"[1] have their work cut out for them, but of course, they placed one in the first classroom we were ever in, thus indoctrinating us before our critical thinking skills kicked in.

    [1] -- They talk a lot, don't they. -- Pulp Fiction

    --
    I feel fantastic, and I'm still alive.
  63. Re:Nukes by Coren22 · · Score: 1

    I say we follow them home and remove the power meter from their houses. It is what they want for everyone, how about if they live the life now.

    --
    APK likes to ask for responses to the same things over and over. Maybe he just likes the responses?
  64. Re:Nukes by owski · · Score: 2

    Wouldn't we also need to include all deaths from explosives throughout the centuries when calculating the deaths from fossil fuels (i.e. gunpowder and TNT)?

  65. Re:Nukes by Coren22 · · Score: 4, Funny

    Sounds good to me. It is along the lines of including the suicides when talking about gun violence.

    --
    APK likes to ask for responses to the same things over and over. Maybe he just likes the responses?
  66. Re:Nukes by HornWumpus · · Score: 3, Funny

    Executive orders are rescinded as easily as they are passed. The next sane president will open it up.

    --
    John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
  67. Re: I'm sure they are right.... by Namarrgon · · Score: 1

    The point of subsidising a new technology is to kick start adoption while the market is still small. You won't see the real gains and benefits until the market scales up (which is clearly well underway with solar, and at an earlier stage with EVs). Try to take a longer view.

    --
    Why would anyone engrave "Elbereth"?
  68. Re:I'm sure they are right.... by HornWumpus · · Score: 1

    I believe Austria has one that started during the Roman empire.

    --
    John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
  69. but other than that by publiclurker · · Score: 1

    it's perfectly safe.

  70. Re:Nukes by Mr+D+from+63 · · Score: 1

    Yeah, at this rate all of the nuclear accident deaths (~40k up to ~300k depending on who you trust).

    Are you kidding me. What tabloid propoganda scare-group has been serving you the anti-nuke coolaid? You need to try diversifying your sources. As of now, deaths from Chernobyl are in the hundreds, and from any other nuclear power plant accident there are essentially zero deaths from radioactive exposure. The report on Fukushima just came out and they determined there will be no deaths or even illnesses attributable to the Fukushima event, that includes subsequent generations. I know it is hard to believe when you've lived hearing all the FUD. Try to be a little skeptical.

  71. Re:Nukes by amRadioHed · · Score: 2

    No "to nuke" is a verb which is mostly associated with microwaving food (at least here in the states). This is not the same as "nukes", a noun which typically refers to nuclear weapons.

    --
    We hope your rules and wisdom choke you / Now we are one in everlasting peace
  72. Re:Nukes by TapeCutter · · Score: 3, Insightful

    Plain old economics is what is holding back nukes, not "envirowackos", if "envirowackos" had that sort of political power then why are we still building new coal plants? The fact that changing to renewables for electricity generation is both good for the environment and good for the economy has been recognised by sane capitalists since the "Stern Report" (2005 IIRC). The insane ones still believe AGW is a UN plot to strip mine their wallet and their "freedoms".

    --
    And did you exchange a walk on part in the war for a lead role in a cage? - Pink Floyd.
  73. Re:Nukes by amRadioHed · · Score: 1

    And what was the actual impact of most of those? Even the dreaded Three Mile Island didn't expose most people to more than a chest x-ray's worth of radiation. And how many of these accidents were caused by old reactor designs that have no relevance to modern reactors?

    --
    We hope your rules and wisdom choke you / Now we are one in everlasting peace
  74. Riiight ... by cascadingstylesheet · · Score: 1

    with renewables, wind and nuclear (as well as energy efficiency) the main beneficiaries.

    .... right, because everyone knows that leftists will just up and embrace nuclear, any day now.

    That combination isn't on the table.

  75. Re:I'm sure they are right.... by riverat1 · · Score: 1

    People keep saying slowing global warming will be costly but they never consider that we would be spending nearly as much building conventional energy infrastructure as we would building renewable energy infrastructure. That's kind of what this report points out. The real cost of switching to renewables is not that great and probably actually negative if you consider the externalities of fossil fuel energy production.

  76. Re:I should have thought of that by Dunbal · · Score: 1

    Way to miss the point. Well done. Continue with your agenda. Apparently it's all you know. My point is that if a bank is pointing towards a particular option it's because it's the one they are going to make the most money on (read that as it's the one everyone else is going to lose the most money on), period. Banking is merely legalized theft.

    --
    Seven puppies were harmed during the making of this post.
  77. Re:Switch from coal to nuclear to reduce radiatiio by cbeaudry · · Score: 1

    Approximately 5 years.

    The hand waving about a closed box and net imbalance is conjecture.

  78. Re:Climate Change is a Hoax by riverat1 · · Score: 1

    No, there will be no mini ice age. Warming will continue unless there is a massive volcanic eruption or the Sun does something completely unexpected.

  79. Re:'Climatedot' - more bullshit by riverat1 · · Score: 1

    Your standard reply on every climate change story is getting so cliched that nobody even bothers to mark you as a troll anymore. Why don't you try something different.

  80. Re:I should have thought of that by PopeRatzo · · Score: 1

    My point is that if a bank is pointing towards a particular option it's because it's the one they are going to make the most money on

    I know the arguments:

    "Climate scientists are all getting paid billions by fat Al Gore"
    "The media is in the tank for climate change because they want to destroy the economy"
    "If climate change was real, then why was there so much snow last winter? Boom!"
    "The numbers that Citi came up with for climate change cannot be trusted because they're all getting paid billions by fat Al Gore and they took a bailout in 2009"
    "Insurance companies projections on climate change should be ignored because they're all being mind-controlled by the Marxist/Fascist Obama. And fat Al Gore (who owns his own fleet of jets piloted by John Travolta and leaves his air conditioner running 24/7, even in the winter)."

    Am I missing any?

    Banking is merely legalized theft.

    That is partly true. But banking itself isn't legalized theft, but it is the way Citicorp does it. However, Citicorp is a huge conglomerate with shareholders and divisions and investments in lots of industries and probably stand to lose a lot more from climate change than they stand to gain.

    And how exactly is slowing climate change supposed to mean staggering new profits for Citi? The entire carbon credit industry is projected to get as big as $30 billion. This is about half as much as Citi pays in fines every few years.

    --
    You are welcome on my lawn.
  81. I'm sure this is a very good figure by russotto · · Score: 1

    I'm sure the study is worked out using a model with no more unknowns than say, the Drake Equation.

  82. Re:Nukes by dryeo · · Score: 2

    It's hard to measure but statistically uranium miners have a high death rate from cancer. There has also been some radioactive slurry pond leaks down in Navajo territory that also boosted cancer rates quite a bit. All in all, mining uranium may be more dangerous then mining coal, at least per pound. Of course the saving grace is that much less needs to be mined so over all it is much safer but it is totally misleading to claim it is 100% safe.

    --
    https://en.wikipedia.org/wiki/Inverted_totalitarianism
  83. Re:Nukes by piojo · · Score: 1

    "to nuke" is a verb which is mostly associated with microwaving food (at least here in the states)

    I think it's regional. I never heard that until I went to university. Consequently, it sounds stupid and uneducated to me. (In the States.)

    --
    A cat can't teach a dog to bark.
  84. Re:Nukes by Pseudonym · · Score: 1

    If it means we can make way for the cylon-human hybrid race, I'm all for it.

    --
    sub f{($f)=@_;print"$f(q{$f});";}f(q{sub f{($f)=@_;print"$f(q{$f});";}f});
  85. Re:I should have thought of that by Argos · · Score: 1

    You've placed Jesus on the wrong list. He's on side with the economists/scientists/etc (so sayeth the pope):

    The catholic Jesus. The evangelical Jesus is with the denialists.

  86. Re:Nukes by Plumpaquatsch · · Score: 1

    Plus it was so bad, he mentioned it twice. I remember the time I died of radiation sickness after visiting the barren wasteland that is Chalk River

    He mentioned Chalk River twice because two accidents happened there - did the radiation also burn that from memory?

    --
    Of course news about a fake are Fake News.
  87. Re:Nukes by Plumpaquatsch · · Score: 1

    1952, Chalk River, Canada: A reactor shutoff rod failure, combined with several operator errors, led to a major power excursion of more than double the reactor's rated output at AECL's NRX reactor. Many of the other "nuclear accidents" (OMG!! OMG!!!) you're trolling are equally exciting, and this one is rated at 5 on a scale of 1-7.

    That accident totally destroyed the building and the reactor core, not to mention the thousands of curies of fission products that were released into the atmosphere, and a million gallons of radioactively contaminated water had to be pumped out of the basement and "disposed of" in shallow trenches not far from the Ottawa River.

    . If you decide to invest billions of dollars to have a single plant provide a large percentage of your countries power supply, you'd hope that it didn't just blow up and become useless with such a "harmless" incident. Completely ignoring the radiation, it's fiscally insane.

    --
    Of course news about a fake are Fake News.
  88. Re:Nukes by Plumpaquatsch · · Score: 1

    Windscale was not a nuclear powerplant.

    Windscale was used to recycle fuel from and for NPPs. You can't just ignore it to brighten up your safety statistics.

    --
    Of course news about a fake are Fake News.
  89. Re:I should have thought of that by Layzej · · Score: 1

    Several evangelical groups have praised Pope Francis' major encyclical on the environment released on Thursday, which warns that climate change is real and is impacting all of God's creation, including impoverished people in different corners of the world. Francis said that it's wrong to treat nature and other living creatures as "mere objects" for "human domination."

    "We are grateful that the pope has joined with over 300 Evangelicals like Rick Warren, Rich Stearns, and Bill Hybels, and other Christian leaders who understand climate change is the greatest moral challenge of our time and the greatest opportunity for hope. It's time to make hope happen by fueling the unstoppable clean energy transition, stopping the ideological battles, and working together," said in a statement Rev. Mitch Hescox, president & CEO, Evangelical Environmental Network.

    "Creating a new energy economy that benefits all and addresses climate change is not about a political party but living as a disciple of Jesus Christ. We urge all people of good will, especially fellow Christian conservatives, to read and study these timely words from Pope Francis." Read more at http://www.christianpost.com/n... Read more at http://www.christianpost.com/n...

    - http://www.christianpost.com/n...

  90. Re:Nukes by serviscope_minor · · Score: 1

    Windscale was used to recycle fuel from and for NPPs.

    The infamous Windscale fire had nothing to do with reprocessing.

    You *specifically* noted the Windscale Pile which was (a) where the fire was and (b) nothing to do with nuclear power. It was a device for making plutonium for nuclear bombs.

    You can't just ignore it to brighten up your safety statistics.

    Touche my man, touche.

    --
    SJW n. One who posts facts.
  91. Re:I should have thought of that by Methadras · · Score: 1

    Again, I ask the question to you and anyone else. We have progressed through disease, famine, war, natural disasters and for the lasts 3 million years we've evolved into who we are now with 7 billion people on earth and yet, we are being told that progress must halt because of warming. Why? How did we get to this point with all of the adversity of simply living to have the highest standards of living and ways of life never seen by anyone before in human history. Even the utter destitute have fared by orders of magnitudes better then their predecessors. And yet we are being told we are doomed if we don't do something. All the while people like you invoke special interests and greed as a reason for why we live the way we do and totally and utterly ignore what is before you. The way you are living now, which is better than anyone else ever. If you want to hobble yourself for the sake of stopping global warming, you go ahead and do that, but do not presume to make or force others to follow suit and resist the temptation to castigate others who don't subscribe to your ideas on the subject.

  92. Re:I should have thought of that by PopeRatzo · · Score: 1

    and yet, we are being told that progress must halt because of warming.

    Nobody has told you that "progress has to halt because of warming". Nice strawman argument. After that, not one thing you say can be taken seriously.

    --
    You are welcome on my lawn.
  93. Re:Nukes by Drethon · · Score: 1

    I'm just pointing out a generous acceptance of the numbers still produces far less deaths than polluting power sources.

  94. Re:Nukes by Mr+D+from+63 · · Score: 1

    Got it....., sorry. I do that too sometimes.

  95. Re:The Great Global Warming Swindle by Bathroom+Humor · · Score: 1

    Okay, now watch this: https://www.youtube.com/playli...

  96. Re:Nukes by kellymcdonald78 · · Score: 1

    Actually there were three if you count the release of heavy water and tritium they experienced in the past decade . Sorry must have missed that due to all the cancer I've developed from spending 12 years living downstream from Chalk River.

  97. Re:Nukes by thegarbz · · Score: 1

    Ultimately it doesn't matter how you cut it. Nuclear has come out on top even with environmental crazies have stacked the figures against them by including bombs dropped, excluding mining etc.

  98. Re:Nukes by thegarbz · · Score: 1

    Economics hold back nuclear adoption due to the intangible cost associated with building a plant thanks to unfairly stacked requirements that the environmental movement have managed to place on nuclear and nuclear alone.

    If you level the playing field, remove all subsidies, and give every plant the same regulatory and legal overhead then nuclear turns out far cheaper. But alas we need to cover loans to the value of the cleanup of a complete meltdown for a nuclear plant whereas we don't consider failure of a coal ash slurry dam, groundwater pollution etc to be a credible risk.

    Economics suck when you're playing by someone's arbitrary rules.

  99. Re:Nukes by jandersen · · Score: 1

    Are the only "solution" and Envirowackos won't go for them.

    Bravo! By using obscure, mock-insider terms like 'nukes' and insulting people who care about the environment, you have paved the way for constuctive dialogue; success is assured. How would we ever overcome our differences and solve our communal problems if we didn't have people like you?

  100. Re:I'm sure they are right.... by Plumpaquatsch · · Score: 1

    You do know that underground coal mine fires in China produce as much CO2 as the US vehicle fleet, right?

    Is what you "know" right however?

    https://en.wikipedia.org/wiki/Coal_seam_fire#China : "It has been estimated that some 10-200 million tons of coal uselessly burn annually" assuming metric tons that makes 436 million metric tons (or Tg) of CO2.
    http://www.epa.gov/otaq/climat... : U.S. Transportation GHG Emissions by Gas, 2012 (Tg CO2 Equivalent) - only the CO2 produced by passenger vehicles: 759.8.

    Where I come from that's almost a factor of 2 more for US cars (and only cars, not even light duty trucks . which may include some SUVs and of course poseur trucks) compared to China's underground coal fires.

    --
    Of course news about a fake are Fake News.
  101. Re:I'm sure they are right.... by Plumpaquatsch · · Score: 1

    That's because the vats majority of C02 doesn't come from cars. It comes from the power grid and industrial processes. According to the EPA transportation is only 13% of total C02 production

    For values of 13% that are actually twice as high.

    --
    Of course news about a fake are Fake News.