Showing posts with label low carbon. Show all posts
Showing posts with label low carbon. Show all posts

Saturday, September 19, 2009

The Natural Fix?: The Role of Ecosystems in Climate Mitigation


The title of this post is also the title of a new report from the United Nations Environmental Programme (UNEP). The bottom line = The ability of the Earth's living systems to store carbon could play a vital role in the mitigation of climate change. The report, a PDF of which can be downloaded from here, suggests that safeguarding and restoring carbon in ecosystems has the potential to prevent huge amounts of carbon entering the atmosphere - some estimates say well over 50 gigatonnes (Gt).

The three priority ecosystems for carbon conservation and management are forests, peatlands and agriculture. For example, reducing deforestation rates by 50 per cent by 2050 could avoid the release of up to 50 Gt of carbon this century. Emissions from deforestation are equivalent to about 15 per cent of the total global anthropogenic carbon emissions. Similarly, the draining of peatland for agricultural land and other land uses emits up to 0.8 Gt of carbon a year. And in agriculture, if best management practices were adopted it could save up to 6 Gt of CO2 equivalent per year by 2030.

The report suggests that the management of carbon storage and uptake is achievable if the right policy framework is in place. It suggests we need to change our perception of the natural world from an offset mechanism, though the authors do note that there is some uncertainty about the amounts of carbon that can be sequestered and that all stores could eventually reach saturation.

See the report here. As I've reported before, we have to start finding solutions to climate change.

Friday, September 18, 2009

Green Businesses Now Generate More Revenue Than the Aerospace and Defense Sectors Combined


That's right. It pays to be green. According to a story by Fiona Harvey published in the September 18, 2009 Financial Times (the London version of the Wall Street Journal), "[b]usinesses selling low-carbon goods and services now generate more revenue than the aerospace and defence sectors combined, making the sector one of the new linchpins of the global economy."

And that global turnover reached $534bn for "companies in the climate change sector - including renewable-power generators, nuclear, energy management, water and waste companies," versus about $530bn total for the other two sectors. And the numbers are increasing at rates far beyond the initial predictions, which hadn't figured on reaching this level until 2050.

So it seems the smart and innovative money is on the low carbon industry. Guess those climate change denialists are going to lose out on the big bucks.

Read Fiona Harvey's full article here.