wealthy

Investing in carbon capture

January 22, 2025 By EarthWise Leave a Comment

The interests of billionaires seldom seem to coincide with our own. In fact, they often seem to be quite the opposite. But there are a number of billionaires who are trying to help the world combat climate change. Yes, they want to make money doing it, but doing it is nevertheless in everyone’s interest.

A group headed by Bill Gates that included some of the wealthiest people from around the world met last summer in London to evaluate companies working to mitigate the effects of climate change. These included companies developing carbon dioxide removal technologies. Stripping carbon dioxide out of the atmosphere is an obvious way to deal with the fact that we continue to dump too much of it into the atmosphere – obvious, but extremely difficult to do at any scale that makes a difference.

Companies working on carbon capture have raised more than $5 billion since 2018. There are hundreds of companies working on it and investors include billionaires, venture capitalists, private equity firms, and major corporations. Companies like Microsoft, Google, and United Airlines have committed billions of dollars to purchase removal credits: payments to companies for removing carbon dioxide.

There are only a few dozen carbon removal facilities operational today and together they only capture a tiny fraction of the carbon dioxide humans release into the atmosphere. The hope is that such facilities will scale up in size and number so that they will make a real dent in the problem. But it will take many years at best, and the planet doesn’t have that much time. To make a difference, carbon emissions must be reduced as quickly as possible.

**********

Web Links

The New Climate Gold Rush: Scrubbing Carbon From the Sky

Photo, posted April 19, 2020, courtesy of Greg Rubenstein via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio

Tourism and greenhouse gas emissions

January 17, 2025 By EarthWise Leave a Comment

Tourism is a major contributor to global greenhouse gas emissions, accounting for about 9% of the global total. Over the past 15 years, its emissions have grown more than twice as fast as those of the rest of the global economy.

Unless the tourism industry finds ways to slow down its growing emissions, those emissions will continue to increase by 3 to 4% each year, meaning that they will double every 20 years. The major drivers behind tourism’s growing emissions have been slow improvements in tourism-related technologies coupled with the rapid growth in demand.

Transportation is tourism’s main source of greenhouse gas emissions. Planes and cars generate the most carbon dioxide but there are contributions from tour buses, boat rides, ferries, and trains as well. The increasing demand for international travel has been the largest contributor to the growth of tourism-related emissions. But just as people’s homes generate emissions from energy use, so do hotels and other lodging used on vacations.

The United States, China, and India are responsible for 60% of the total increase in tourism’s carbon footprint. Generally speaking, it is the world’s wealthiest nations that have the most tourists exploring the world.

Researchers from Australia’s University of Queensland recommended several measures to slow the growth of tourism’s carbon emissions. These include reducing long-haul flights, imposing carbon dioxide taxes, setting carbon budgets, and the use of alternative transportation fuels. At the local level, tourism businesses making use of renewable energy sources and electric vehicles would help.

**********

Web Links

Tourism leads the pack in growing carbon emissions

Photo, posted September 14, 2014, courtesy of Gary Campbell-Hall via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio

Nearly everyone wants climate action

July 29, 2024 By EarthWise Leave a Comment

A global survey of 75,000 people revealed that 80% of participants want their governments’ climate action commitments to be stronger. The poll, conducted by the United Nations Development Program, GeoPoll, and Oxford University, asked 15 questions in telephone calls to residents of 77 countries representing 87% of the global population.

According to the survey, 89% of poorer countries favored increasing efforts to curb global emission, while 76% of wealthy G20 nations supported tougher climate action.

The two biggest greenhouse emitters in the world were less enthusiastic: Chinese participants were 73% in favor of stronger action and Americans were 66% in favor of greater efforts to combat global warming.

Other demographic differences included that in the big emitting countries of Canada, France, Germany, Australia, and the U.S., women were 10 to 17% more in support of stronger climate action than men.

Overall, only 7% of those polled globally thought their government should not transition away from fossil fuels at all. More than half of those polled said that they were more worried about climate change this year than last year. A worldwide majority of 72% support a fast fossil fuel phaseout, including those in nations that are among the top ten coal, oil, and gas producers.

As is the case across the board with respect to climate issues, the more influential factor continues to be economic as opposed to scientific or humanitarian. Those who stand to lose the most money from the transition away from fossil fuels continue to hold sway over those who will lose in many other ways.

**********

Web Links

Four Out of Five People Want Increased Climate Action, UN Poll Says

Photo, posted July 31, 2020, courtesy of School Strike 4 Climate via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio

Uncounted emissions

December 20, 2023 By EarthWise Leave a Comment

Most countries around the world have pledged to cut their carbon emissions to try to reduce the effects of climate change. The extent to which countries are meeting their emission reduction goals has been the primary way of keeping score on their efforts. But there is a major problem with this scorekeeping system: exporting fossil fuels does not count as part of a country’s contributions to emissions.

Exports of fossil fuel are the driving force of fossil fuel expansion around the world and a significant fraction of those exports come from powerful and wealthy nations that are essential to the effort to reduce carbon emissions.

Our own country is a prime example. The U.S. is working to cut back its carbon emissions. The Inflation Reduction Act is driving the reduction of domestic use of oil, gas, and coal and is providing subsidies for the use of heat pumps and the buildout of EV charging networks. However, at the same time, U.S. production of fossil fuels is booming, driving substantial profits for that industry. The result is that much of the expanding supply of fossil fuels is headed overseas.

American liquified natural gas exports are growing rapidly. Estimates are that by 2030, United States LNG exports will be responsible for more greenhouse gas emissions than every house, car, and factory in the European Union. And, according to the UN emissions accounting system, none of those emissions will be attributed to the United States.

The situation is rather disastrous. Countries use this loophole to claim they are doing their part to reduce emissions, but the world is continuing to suffer the consequences.

**********

Web Links

Uncounted Emissions: The Hidden Cost of Fossil Fuel Exports

Photo, posted January 9, 2015, courtesy of Bernard Spragg via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio

Too hot for people

November 22, 2023 By EarthWise Leave a Comment

The effort to mitigate the effects of climate change has a goal of keeping the global temperature increase below 1.5 degrees Celsius above preindustrial levels. To date, the average global temperature has increased by more than 1 degree. We hear about rising sea levels, powerful storms, and various other alterations in climate and weather patterns. A new interdisciplinary study by three institutions looked at the impact of surpassing the 1.5-degree level upon people being able to withstand heat and humidity.

Humans can only withstand certain combinations of heat and humidity before their bodies begin to experience heat-related health problems such as heat stroke and heart attacks.

In human history, temperatures and humidity that exceed human limits have been recorded only a limited number of times and only for a few hours at a time, in the Middle East and Southeast Asia.

According to the new study, if global temperatures increase by 2 degrees Celsius above preindustrial levels, the 2.2 billion residents of Pakistan and India’s Indus River Valley, the one billion people living in eastern China, and the 800 million residents of sub-Saharan Africa will annually experience many hours of heat surpassing human tolerance.

If the warming continues further to 3 degrees, heat and humidity levels that surpass human tolerance would affect the Eastern Seaboard and the middle of the US from Florida to New York and from Houston to Chicago.

The worst heat stress will occur in regions that are not wealthy and that are experiencing rapid population growth. But even wealthy nations will not escape from the expansion of conditions that are too hot for people.

**********

Web Links

Climate-driven extreme heat may make parts of Earth too hot for humans

Photo, posted June 28, 2018, courtesy of Ivan via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio

Harvesting Fresh Water From Ocean Air | Earth Wise

January 19, 2023 By EarthWise Leave a Comment

Roughly three-quarters of the world population has access to a safely managed water source. That means that one-in-four people do not have access to safe drinking water. Even in the wealthy United States, persistent drought in the west is creating problems in places like Phoenix, Arizona.

Water is plentiful on Earth but more than 99% of it is unusable by humans and many other living things because it is saline, frozen, or inaccessible. Only about 0.3% of our fresh water is found in the surface water of lakes, rivers, and swamps.

There is an almost limitless supply of fresh water in the form of water vapor above the oceans, but this source is untapped. Researchers at the University of Illinois have been evaluating the feasibility of a hypothetical structure capable of capturing water vapor from above the ocean and condensing it into fresh water.

Existing ways to obtain fresh water like wastewater recycling, cloud seeding, and desalination have met only limited success and present various problems with regard to cost, environmental impact, and scalability.

The researchers have proposed hypothetical large offshore structures measuring 700 feet by 300 feet to capture water vapor that is continually evaporating from the ocean in subtropical regions. Their modeling concluded that such structures could provide fresh water for large population centers in the subtropics. Furthermore, climate projections show that the amount of water vapor over the oceans will only increase over time, providing even more fresh water supply.

This is only a theoretical study at this point, but the researchers believe it opens the door for novel infrastructure investments that could address global water scarcity.

**********

Web Links

Researchers propose new structures to harvest untapped source of fresh water

Photo, posted June 28, 2009, courtesy of Nicolas Raymond via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio

Carbon Inequality | Earth Wise

November 4, 2022 By EarthWise Leave a Comment

Everyone contributes to climate change through the generation of greenhouse gas emissions, but individual contributions vary greatly. A study at the Paris School of Economics has determined that just 1 percent of the population is responsible for nearly a quarter of global carbon emissions growth since 1990.

The study estimated emissions from individuals’ consumption and their financial investments, and also from government spending in their country. Individuals are responsible for carbon emissions as a result of their own activities, but they also bear their share of responsibility for the emissions of the firms that they own or invest in.

In 2019, people living in sub-Saharan Africa produced an average of 1.8 tons of CO₂ equivalent per capita. In North America, the average per capita was more than 10 times higher. Meanwhile, the top 10% of North America’s emitters produced more than 75 tons each.

From 1990 to 2019, the bottom 50% of emitters was responsible for just 16% of emissions growth, while the top 1% was responsible for 23%. The top 0.1% saw emissions growth of 80%.

The inequality between rich and poor is driven more by inequality within countries than by inequality between countries. This is particularly true for wealthy countries. For example, over the study period, the top 1% saw their emissions grow by 26% while emissions actually declined 5-15% among low and middle earners even in wealthy nations.

Economic inequality drives a lot of the dynamics taking place within many countries around the world, and this even applies to pollution and greenhouse gas emissions.

**********

Web Links

Global carbon inequality over 1990–2019

Photo, posted December 11, 2017, courtesy of Bernal Saborio via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio

Poverty And Climate Change

March 15, 2022 By EarthWise Leave a Comment

According to the World Health Organization, climate change is expected to cause approximately 250,000 extra deaths per year between 2030 and 2050. But climate change does not affect everyone the same. In fact, the poorest people on the planet, who are often the least to blame for climate change, typically bear the worst of the impact.

Wealthier people and countries have more resources to shield themselves from the impacts of climate change. For example, higher incomes allow people to purchase air conditioning as temperatures rise, food as food prices soar, and homes in safer places. Wealthy nations can also compensate citizens when climate change harms livelihoods.

According to new research, people with lower incomes are exposed to heat waves for longer periods of time compared to those with higher incomes due to a combination of factors including location and access to heat adaptations like air conditioning. This inequality is expected to increase as temperatures rise.

The study, which was published in the AGU journal Earth’s Future, found that lower income populations face a 40% higher exposure to heat waves than people with higher incomes. By the end of the century, the poorest 25% of the global population will be exposed to heat waves at a rate equivalent to the rest of the population combined.

On the other hand, the highest-income quarter of the population will experience comparatively little change in exposure to heat waves as their ability to keep up with climate change is generally greater.

The research team hopes its findings will prompt innovations into affordable cooling solutions for the world’s most vulnerable population.

Climate change and poverty are, and will remain, inextricably linked.

**********

Web Links

Poorest people bear growing burden of heat waves as temperatures rise

Photo, posted October 27, 2019, courtesy of Jack via Flickr.

XXXXXXXXX

Private Jets and CO2 Emissions | Earth Wise

July 16, 2021 By EarthWise Leave a Comment

During the heart of the Covid-19 pandemic, private jet use saw record levels because chartered aircraft were estimated to have 30 times lower risk for covid than flying commercial. By August 2020, while commercial flights were down 60% year-over-year, private jet traffic was actually up. From an environmental perspective, however, flying on a private jet is about the worst thing one can do for the environment.

Private jets are 10 times more carbon intensive than airlines on average and 50 times more polluting than trains. A four-hour private flight emits as much as the average person does in a year.

In Europe, 7 out of the 10 most polluting routes taken by private aircraft lie in the UK-France-Switzerland-Italy axis, with jets departing the UK and France being the biggest source of pollution. One in 10 flights departing France are private jets, half of which travelled less than 300 miles.

A study by the research group Transport & Environment points out that wealthy private jet owners are ideally suited to aid in the decarbonization of the aviation sector. Private jet short hops are prime targets for replacement by clean technologies like electric and hydrogen aircraft. European policy makers could ban the use of fossil-fuel private jets for flights under 600 miles by 2030. Until such a ban, jet fuel and flight taxes could be imposed on private jets to account for their disproportionate climate impact and support technology development. And companies and individuals could commit to substantial reductions in private jet use when alternatives exist that do not unreasonably increase travel time.

The super-rich could be part of the solution instead of part of the problem.

**********

Web Links

Private Jet Use Rising, Sending CO2 Emissions Soaring

Photo, posted September 9, 2020, courtesy of Mackenzie Cole via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio.