Mike:

I didn't say incentivizing was a good idea.  I simply explained how one
would do it.

David.

On Fri, Dec 12, 2008 at 11:22 AM, Mike MacCracken <[email protected]>wrote:

> Hi David—Your proposal is just the reason why there is resistance to
> geoengineering. The idea is to not have geoengineering slow the needed rapid
> reduction in GHG emissions, but to be in addition to it—for given how
> rapidly the environment is changing we will need to have geoengineering as
> well as aggressive mitigation.
>
> We really need to find another alternative to incentivizing
> geoengineering—for example, having funding for it come out of what would
> otherwise need to be going to defending the coasts against sea level rise—so
> like an insurance premium of coastal homeowners—you only get insurance if
> you live along the coasts if you pay an additional amount for
> geoengineering.
>
> Mike MacCracken
>
>
> On 12/12/08 9:13 AM, "David Schnare" <[email protected]> wrote:
>
>  You would link it to carbon emissions , allowing greater emissions in
> direct trade with investment on mass scale carbon sequestration and a
> premium (lesser but still real emissions allowances) for X years for SRM.
>
>
>
>
> On Fri, Dec 12, 2008 at 7:30 AM, Alvia Gaskill <[email protected]> wrote:
>
> How would you "incentivize" investment in geoengineering?
>
> http://www.scoop.co.nz/stories/BU0812/S00286.htm
>
> *Coalition Warns Governments Against Emissions Cap
> **Friday, 12 December 2008, 3:33 pm
> Press Release: New Zealand Business Roundtable*
>
>
> EMBARGOED UNTIL 1:00PM FRIDAY 12 DECEMBER
>
> *Climate Change Coalition Warns Governments Against Global Cap on
> Emissions
> *
> As the eleven thousand participants in the United Nations Climate Change
> Conference descend on Poznan, Poland, this week, a coalition of 50 civil
> society organisations from 38 countries is warning governments against
> opting for strategies that would "do little to protect humanity against the
> threat of climate change but would drastically increase the threat of global
> economic catastrophe."
>
> The Civil Society Coalition on Climate Change (www.csccc.info <
> http://www.csccc.info/> ) of which the New Zealand Business Roundtable is
> a member, has today released a new report with a stark message to
> governments about the economic flow-on effect, particularly on poorer
> countries, of adopting a global cap on emissions.
>
> Describing the idea as "economic lunacy", the report's author, Professor
> Julian Morris, said a global cap would divert resources into "low carbon"
> technologies and away from more productive uses.
>
> "This would slow economic growth and harm the ability of the poor to
> address the real problems they face every day, such as diseases, water
> scarcity, and inadequate nutrition", said Professor Morris.
>
> The report canvases policy options available to governments and concludes
> that adaptation, coupled with improving the institutions that enable
> economic growth, is likely to be the best response to gradual warming. It
> further suggests that one approach to addressing the remote but possible
> threat of catastrophic warming would be to incentivise investment in
> geoengineering, and advises governments 'hell bent' on limiting carbon
> emissions to consider a tax on emissions rather than a cap and trade scheme.
>
>
> Business Roundtable executive director Roger Kerr said the report, titled
> *Which Policy to Address Climate Change? *was a timely and valuable
> addition to the debate on what constitutes an appropriate response to
> climate change.
>
> "We have long held the view, as set out in the attached submission, that a
> cap and trade scheme of the type being considered in New Zealand would
> impose heavy costs on households, businesses and the economy. It is also
> likely to discourage investment and lead to losses in business confidence
> and jobs.
>
> "It is to be hoped that common sense will prevail in Poznan and that a few
> European ministers will not succeed in imposing further pain on countries
> already struggling with much more serious problems", said Mr Kerr.
>
>
> ENDS
>
>
>
>
>
>


-- 
David W. Schnare
Center for Environmental Stewardship

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