Tuesday, May 19, 2009

Convergences

Updates 5/20: A NY Times editorial on the case for these new emissions standards as "a huge step forward in the effort to limit greenhouse gases and reduce America’s dependence on foreign oil" as well as "With this deal, America also wins back a bit of energy independence. But the biggest winner could be the atmosphere." Also indication that the climate and energy bill described below will be voted out of committee, on its way to passage.


For all the pain it is causing and will yet cause, the Great Recession is also providing unforeseen opportunities to improve the chances of a better future. The difference is who is President. And it isn't the Recession itself so much as the realities about our past and our future that it brings into sharper focus.

Tuesday, President Obama is expected to unveil new fuel mileage standards for American vehicles that will "mean a 30 percent reduction in global-warming emissions from new vehicles by 2016, with improvements beginning in the 2011 model year," according to this article at Grist. Though Republicans in Congress and in Washington will probably scream about it, the proposal may well have wide support where it counts--apart from the public and environmentalists, from business, including car companies.

Why? The Great Recession not only makes the auto industry more dependent on the federal government, but reduces the margin for error while providing an opportunity to chart a new course to its future prosperity. A number of states have enacted their own standards--California conspicuously--and a single federal standard saves the car companies money, plus it gives them a real blueprint for what they will be expected to do for the next decade:

The move will please the Auto Alliance, the major industry group representing car makers, which has been asking for one standard that unifies emission and fuel-economy standards across the whole country. “We recognize that greenhouse-gas emissions from automobiles need to be reduced,” Charles Territo, a spokesperson for the Alliance, told Grist last month. “At the end of the day, what’s most important is that we have a single, national standard that is achievable, but that is aggressive and cost-effective.”

The standards are also more gradual, giving car companies more time to adapt. Consumers will gradually pay more, at least by today's estimates, though their costs will be offset by spending less on gasoline. This is no small deal--some say it is the biggest and most effective way so far to cut greenhouse gases. It eventually will "equate to taking 177 million cars off the road, or shutting down 194 coal-fired power plants."

This is separate from the cap-and-trade bill now in Congress, the Waxman-Markey bill that now has wide support. Despite Congressional GOPer promises to offer hundreds of nonsense amendments to tie things up, the bill is expected to become law this year. For some environmentalists it is too modest, and fossil fuel industries are pouring millions into opposing it. But on Monday, Paul Krugman made the best case I've read for why cap-and-trade will work. It's estimated that in lessening greenhouse gases, this bill will equate to take another 500 million cars off the road. "After all the years of denial, after all the years of inaction, we finally have a chance to do something major about climate change," Krugman concludes. "Waxman-Markey is imperfect, it’s disappointing in some respects, but it’s action we can take now. And the planet won’t wait."

Supporting the likelihood of both of these efforts are polls which suggest strong public support for regulating greenhouse gases, even if it costs.

One of the reasons Krugman favors cap-and-trade over a carbon tax is that it's international in scope. Everyone knows that without India and especially China, there isn't much hope. So these hints of secret and ongoing negotiations between the U.S. and China on Climate Crisis measures, plus public moves (like Secretary of State Clinton stating that U.S.-China relations should center around climate change) suggests a dramatic agreement may not be far off.

There's other good news in the climate crisis arena: from promising new technology to a suggestion that the Great Recession slowdown coupled with an imminent cap-and-trade system means that the growth of greenhouse gas emissions may have ended in the U.S. But continuing at the current rate will continue to make matters worse--we need to start cutting, and eventually, cut deeply.

Unfortunately however, there has been no good news in what's actually happening in the environment, or in predictions of what is likely to happen. Most of that is getting worse. This includes the widely reported study that cut in half the prediction of how much sea levels will rise as a result of melting from the West Antarctic Ice Sheet. Look under the headline and see that even if this study is correct, it doesn't mean sea levels will be half of previous predictions everywhere. In fact, they will be even higher in certain places--like the West Coast of the United States. Seattle, San Francisco, Los Angeles, San Diego, etc. And also the East Coast. Boston, New York City. With impact on Washington, D.C.

No comments: