• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Earth Wise

A look at our changing environment.

  • Home
  • About Earth Wise
  • Where to Listen
  • All Articles
  • Show Search
Hide Search
You are here: Home / Archives for financial incentive

financial incentive

Carbon levies for shipping

November 27, 2024 By EarthWise Leave a Comment

The global shipping industry is responsible for 90 percent of world trade.  The ships crossing the world’s oceans emit nearly 3% of the global greenhouse gas emissions caused by human activity that are contributing to climate change.  Among the effects of climate change are sea level rise, which is threatening the very existence of small island nations.

One such nation is Tuvalu, which is a group of islands in the South Pacific.  Tuvalu has a total landmass of just 10 square miles, and sea level there is rising 1.5 times faster than the global average.  Predictions are that within 50 to 100 years, low-lying islands like those of Tuvalu could be fully submerged by the ocean.

Representatives from six Pacific Island states and a growing number of Caribbean nations known as the 6Pac+ Alliance are urgently calling upon the International Marine Organization to enact a mandatory universal levy of $150 per ton of shipping emissions from large commercial vessels. 

Most marine vessels typically run on highly polluting heavy fuel oil.  Burning really filthy fuel is the cheapest way to cross the oceans.  There are alternatives including entirely carbon-free technologies, but they will be expensive to implement and utilize.  The cost of shipping would undoubtedly go up and be especially felt by small island nations and in developing countries where most food is imported.

The idea behind putting a price on ships’ carbon emissions is to both provide a financial incentive for the shipping industry to reduce its emissions and provide revenue for countries that incur costs from dealing with rising seas.

**********

Web Links

Pacific and Caribbean Island Nations Call for the First Universal Carbon Levy on International Shipping Emissions

Photo, posted November 23, 2006, courtesy of Stefan Lins via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio

Cheaper Carbon Capture | Earth Wise

March 7, 2023 By EarthWise Leave a Comment

Scientists developing a new system to capture carbon more cheaply

As the years roll by without sufficient progress in reducing carbon dioxide emissions, the need for technologies that can capture CO2 from its sources or remove it from the air becomes stronger and stronger.  People have developed various ways to capture carbon dioxide, but to date, they generally suffer from some combination of being too costly or not being able to scale up to the necessary magnitude.

Scientists at the Pacific Northwest National Laboratory in Richland, Washington recently announced the creation of a new system that they claim is the least costly to date that captures carbon dioxide and turns it into a widely-used chemical: methanol.

Technologies that simply capture carbon dioxide that then needs to be stored in some secure location are difficult to implement from a cost perspective.  The PNNL researchers believe that turning CO2 into methanol can provide the financial incentive for widespread implementation.   Methanol can be used as a fuel, a solvent, or an important ingredient in plastics, paint, construction materials, and car parts.

The system is designed to be installed in fossil fuel-fired power plants as well as cement and steel plants.  Using a capture solvent developed by PNNL, the system grabs carbon dioxide molecules before they are emitted and converts them into methanol. Creating methanol from CO2 is nothing new, but capturing the carbon dioxide and converting into methanol in one continuously flowing system is new.

More work is needed to optimize and scale the process and it may be several years before it is ready for commercial deployment.

**********

Web Links

Scientists Unveil Least Costly Carbon Capture System to Date

Photo, posted November 25, 2022, courtesy of Massachusetts Department of Environmental Conservation via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio

Cleaning Britain’s Air

April 13, 2017 By EarthWise

https://earthwiseradio.org/wp-content/uploads/2017/03/EW-04-13-17-Cleaning-Britains-Air.mp3

According to a new study by the non-profit group Carbon Brief, carbon dioxide emissions in the United Kingdom are at their lowest levels since the 1920s.  Four factors are responsible:  a record drop in coal use, the rapid growth of renewable energy, the expansion of energy efficiency programs, and the increased use of natural gas for electricity power plants.

[Read more…] about Cleaning Britain’s Air

Primary Sidebar

Recent Episodes

  • Tracking atmospheric mercury
  • Fighting honey fraud
  • Hot water in Boise
  • An eco-friendly detergent
  • Electric trains are healthier

WAMC Northeast Public Radio

WAMC/Northeast Public Radio is a regional public radio network serving parts of seven northeastern states (more...)

Copyright © 2025 ·