Archive for the 'Forecasting & Modelling' Category

NASA urges further cuts

7th 2008f April, 2008, Peter

James Hansen, the head of the NASA Goddard Institute for Space Studies in New York, has said that our targets for carbon emissions reductions are not adequate, and should be cut further.
“Hansen says the EU target of 550 parts per million of C02 - the most stringent in the world - should be slashed to [...]

UK emissions - up or down?

19th 2008f March, 2008, Peter

The British Government has been criticized by its own National Audit Office for using two different systems for measuring carbon emissions, according to The Guardian. Joined-up government indeed!
“Britain’s climate change emissions may be 12% higher than officially stated, according to a National Audit Office investigation which has strongly criticised the government for using two [...]

Chinese emissions

12th 2008f March, 2008, Peter

The greenhouse gas emissions from China may be far worse than previously thought, according to a study of provincial data in China. From the abstract:
“Our results suggest that the anticipated path of China’s Carbon Dioxide (CO2) emissions has dramatically increased over the last five years. The magnitude of the projected increase in [...]

Climate science: scaring the sceptics

6th 2008f March, 2008, Peter

Oxford University economist Paul Klemperer has written a very interesting article in the FT, rebutting the climate change sceptics. If the scientific consensus is wrong (he argues), and our current models of climate change are inaccurate, then we should be more worried, not less. This is because, if the models are wrong, then [...]

US a $1 trillion market by 2020?

25th 2008f February, 2008, Peter

Over at New Carbon Cycle, there’s an analysis of the recent forecast by New Carbon Finance (NCF) that the US market for carbon emissions could be worth US$ 1 trillion by 2020. Assuming the adoption of a cap-and-trade system across the US, NCF also predicts a carbon price of US$ 40 per [...]