One observation that flows from this analysis is that it is other resource owners' excessive use of their assets that strands the assets at the top of this hit list. While the atmosphere is legally a public good, these fossil assets are private goods and their value is being diminished by the actions of others. With some work this might turn into a legally actionable claim for damages by those whose assets would be stranded first under an economically efficient carbon regime.
Sent from my iPad On Jan 11, 2015, at 2:37 PM, Fred Zimmerman <[email protected]<mailto:[email protected]>> wrote: The McGlade paper is indeed very important and well worth reading since it works backwards from the 2-degree target to provide what amounts to a regional "hit list" for declaring carbon resources unburnable (see Table 1 in the paper). Most of the Canadian oil and gas resources are found to be unburnable in this exercise, which provides a principled basis for opposing Keystone 2XLT and Canadian extraction projects in general rather than just being against Keystone because it's easy to be against sited projects or in the hopes of annoying the energy industry to death (two rationales cited earlier in this thread). Needless to say, there are huge political and economic implications to recommending conscious regional skewing of asset stranding. [https://mailfoogae.appspot.com/t?sender=ad2Z6aW1tZXJtYW5AZ21haWwuY29t&type=zerocontent&guid=1c48cc19-bb7e-4ebb-b182-06a5ca583e05]ᐧ On Sat, Jan 10, 2015 at 9:54 PM, Charles H. Greene <[email protected]<mailto:[email protected]>> wrote: For those who want scientific justification for rejecting the KXL pipeline, here is a very important paper that just came out in Nature. Chuck Greene -- You received this message because you are subscribed to the Google Groups "geoengineering" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]<mailto:geoengineering%[email protected]>. To post to this group, send email to [email protected]<mailto:[email protected]>. Visit this group at http://groups.google.com/group/geoengineering. For more options, visit https://groups.google.com/d/optout. -- You received this message because you are subscribed to the Google Groups "geoengineering" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]<mailto:[email protected]>. To post to this group, send email to [email protected]<mailto:[email protected]>. Visit this group at http://groups.google.com/group/geoengineering. For more options, visit https://groups.google.com/d/optout. -- You received this message because you are subscribed to the Google Groups "geoengineering" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/geoengineering. For more options, visit https://groups.google.com/d/optout.
