It’s easier to talk about the problems than to talk about solutions. Many fossil fuel companies have taken the additional step of advocating prompt, comprehensive implementation of policies to reduce climate change. To what aspects of climate dioxide removal, or carbon capture, are they focusing?
Of course, these companies will hedge their bets by continuing to engage in exploration for new fossil fuel resources. It is not business as usual. To be credible, they let the public know that they are seriously supporting the absorption of present carbon dioxide emissions, of which they were responsible.
The American Petroleum Institute is the largest trade organization in the country. They provide lobbying efforts for any company that wishes to have a voice in shaping industry policy. They too must encourage their members to support the absorption of present carbon dioxide emissions.
We have to support scaling up to the point where we can remove a substantial fraction of current carbon emissions at an economically acceptable price.
- Some Carbon Dioxide Removal approaches, such as reforestation, are already recognized as valuable, but also for other co-benefits, such as biodiversity and other social benefits like dealing with famine in semi arid Africa
- Soil carbon sequestration: especially in semi arid regions with reduced land productivity due to land degradation and desertification and arid regions that do not qualify for many forest-based projects.
The overall potential for cost effective climate mitigation is quite large. The American Petroleum Institute and select fossil fuel companies can lead the charge.
Although Canada emits just 2% of the world’s greenhouse gases, it is one of the world’s biggest emitters per person. Without carbon pricing, it will not keep its climate promises.
The national price will start at C$10 a ton in 2018 and will rise by C$10 a year, reaching C$50 by 2022. 63% of Canadians support Prime Minister Trudeau’s climate policy, according to a new poll.
Now here is the big catch: provinces will be allowed to keep the money they raise. Do you actually think those funds will be used to absorb carbon dioxide emissions? All the provinces have their own wish-lists. They are going to spend money on other things. The biggest prize is more federal money for health care, the largest item in provinces’ budgets. The same logic can be applied to the wish list of every 50 states of the United States. We are still going in the wrong direction.
Emissions from fossil fuel and cement grew to 35.9 gigatons of carbon dioxide this year. This is 60 percent above 1990 emissions. Burning coal made up about 42 percent of these emissions, with oil at 33 percent, gas 19 percent and cement 6 percent. Between 2013 and 2014, emissions grew by 1.2 percent in China, 2.9 percent in the U.S., 8.6 percent in India and declined by 5.9 percent in the EU. We are still going in the wrong direction.
Reducing emissions by 30% is one thing, but a more important goal is to soak up all the carbon dioxide emissions that are presently causing global warming. These emissions will continue to grow globally as will hotter global warming. We are now experiencing 30 degree Celsius days (85 degree Fahrenheit) in October.
Even if carbon dioxide emissions came to a sudden halt, the carbon dioxide already in Earth’s atmosphere could continue to warm our planet for hundreds of years, according to Princeton University-led research published in the journal Nature Climate Change. It may be difficult to reverse climate change: we stop the emissions, but we will still get an increase in the global mean temperature.
According to a new UCS report, The Climate Deception Dossiers draws upon evidence culled from 85 documents that were pried loose by leaks, lawsuits, and FOIA requests.
Spanning nearly three decades, these documents reveal that the world’s largest fossil fuel companies—BP, Chevron, ConocoPhillips, ExxonMobil, coal giant Peabody Energy, and Shell—were fully aware of the reality of climate change but continued to spend tens of millions of dollars to sow doubt and promote contrarian arguments they knew to be wrong.
Can you see the future headlines, “Government corrupted by Fossil Fuel companies”. The governments of the world will be forced to lay down the law to the oil industry and its sycophants in the starkest possible terms. The worst thing that could happen is a divesting movement in all the mutual funds: shareholder prices will drop precipitously.
The fossil fuel industry risks losing $33 trillion in revenue over the next 25 years as global warming may drive companies to leave oil, natural gas and coal in the ground, according to a Barclays Plc energy analyst. What will that do to management and board of director`s profit sharing?
A crisis has an important part to play in making significant changes.
The fossil fuel companies are finally affirming that warming is real, human-caused, and will present a dangerous problem if left unchecked. They expect strong climate policy eventually. Their shift demonstrates the strength of the scientific consensus. For the most part they have stopped overtly supporting denier groups.
Goodwill versus Bad Will
The Funds to Finance Rehabilitation
There are two sources of funds based on two different methods of absorbing carbon emissions: one from biochar in soils and the other from planting of trees.
On one hectare of farm land of 500 trees:
- Land Degradation Neutrality (LDN) Fund for BIOCHAR IN SOILS
LND Fund seeks to mobilize US$2 billion annually; they estimate that the average cost of land rehabilitation is $100- $150/ha. In Africa, five countries have voluntary committed to LND including Algeria, Chad, Ethiopia , Namibia and Senegal.
- 500 trees/hectare will yield 50 tons of Carbon from branches and weeds or (50 tons x ⅓) 16.7 tons of CO2 emission absorption from the production of
- The value of the capture of carbon in the form of Biochar is $250/year at the tax rate of $15/ton. (The LDN Fund offers $150/year based on $10/ton of carbon emissions.)
- The Carbon Tax Fund for TREES: the fund can support 500 trees for a total cost of $200/year for a period of 25 years plus an initial $750:
- There will be 500 trees with a NPV of $0.50/tree: at the rate of $15/ton, the Net Present Value (NPV) is $200/year.
- Add $1.00/tree for reporting and auditing for 25 years (that’s a one-off total – not per year): $500 to be monitored by Living Water MicroFinance Inc. for 25 years.
This part of the fund will support each 1.5 acre farm that will have access to $150/year n the form of micro finance assistance complements of the Carbon Tax Fund. Each $150 will be recycled nine times for a total of $1,350.
This micro finance will be made available to women farmers and their families who need support before the orchards become productive after 18 months: they will maintain this agroforest farms by planting vegetable like yam in between the new tree seedlings. The micro finance loan will be due after the harvest.
The tree farm is supported by a Today’s Tall Tree Nursery managed by Living Water MicroFinance Inc. in order to reduce the cost of tree seedlings. The fruit and nut tree seedlings along with nitrogen fixing trees are supplied by Today’s Tall Tree Nursery.
The reporting and auditing of trees for 25 years at the rate of $1.00/tree will help finance a Today’s Tall Tree Nursery to service over 100 hectare (beginning with 50,000 tree seedlings). The estimated fixed cost is $80,000. This decentralized system is preferable to the present centralized nurseries that have costly transportation costs for very vulnerable tree seedlings.
This calculation does NOT include income streams from the fruit and nut produce, which are reserved for the women farmers and their families. Irrigation can be added for a remunerative 275% crop improvement at a later date.
There will be a stipulation that all biomass on the 1.5 acre farm will be converted to Biochar every year. Creating Biochar on a farm involves incentives: the women farmer and her family will receive $150 based on the carbon tax rate of $15/ton for a total of 34 tons/year of carbon sequestered.
Living Water MicroFinance Inc. will arrange partnerships with African landlords (who provide a long term lease) for woman farmers and their families.
HELPING SOLVE WORLD’S CARBON POLLUTION
A Full Scale Aquaponic Tree Nursery in Africa supported by:
- A Micro Hydro Electric System: no dams: HugENERGY.us
- An Irrigation System: NORTHydro.com
- A Rabbit and Fish Farm: AfriCAPITALISM.us
- An Agroforestry Intercrop System: LivingWaterIs.com
- The Charitable Arm: SunnyUp.net
- God’s Loveletters: Godloveletters.com
- Thunder of Justice: ThunderofJustice.com
Stage 1 Agricultural Mechanization of Africa
Stage 2 Today’s Tall Trees Nursery: Carbon Tax Fund
Stage 3 Micro Finance & Landlord Cooperatives
Stage 4 Irrigation in Remote Areas using kinetic energy from moving water.
Stage 5 Electricity Created in Remote Areas using moving water without the use of a dam.
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