Climate Compass Blog
Cattle deaths have been mounting in the central U.S. as the recent heat wave has pushed heat indices above 120 degrees in a number of states. Faced with dry pastures, rapidly depleting hay supplies and drought stressed surface water sources, ranchers in Texas are engaging in a significant livestock sell-off, referred to in one press account as culling into “the heart of the herd.” The size of the U.S. herd is now at a record low as farmers liquidate, enticed by high beef prices and expensive feed. The situation is dire enough that the government has stepped in with low interest loans to ranchers and direct payments for farmers that lost animals due to the extreme weather. Under the Livestock Indemnity Program, cattle lost to extreme weather are reimbursed by the government at 75 percent of their value, a significant expenditure when cattle losses are counted in the thousands. Texans are already looking for ways to adapt to the drought and improve their climate resilience. Henderson County is hosting a training session on August 22 entitled “Managing the Effects of Drought for Beef Producers.”
Over the weekend, the National Weather Service issued an excessive heat warning across a huge swath of the country, putting 132 million people under a heat alert. This warning is only issued when a heat index of at least 105°F is expected for more than three hours per day on two consecutive days or when the heat index is expected to rise above 115°F for any length of time. Recently in Iowa, the heat index reached 131°F, a level normally found only along the Red Sea in the Middle East. Scientists warn that these types of events could become much more common in the future, thanks to climate change.
Recently, I had the opportunity to attend as an observer the launch of the National Enhanced Oil Recovery Initiative, facilitated by the Center and the Great Plains Institute. In the short time since the launch, the EOR Initiative has generated notable
Carbon dioxide enhanced oil recovery (CO2-EOR) works by injecting CO2 into existing oil fields to increase oil production. It is not a new concept. In fact, around 5 percent, or 272,000 barrels per day, of all domestic oil produced comes from oil recovered using this technique, which was first deployed in West Texas in 1972. Decades of monitoring CO2-EOR sites have shown that in properly managed operations the majority of CO2 is retained in the EOR operation and not released to the atmosphere. One of the initiative’s goals is to better understand the role of CO2-EOR for carbon storage as this industry grows to produce more than 1 million barrels per day, or around 17 percent of domestic oil supply in 2030.
Will U.S. companies be ready to compete in the world markets of the future? Global clean energy markets pose a $2.3 trillion opportunity over the next 10 years, providing enormous potential for innovation in new technologies, products and business models. These opportunities will help us achieve the greenhouse gas emission reductions that scientists say are needed to mitigate the worst effects of climate change.
Yet the United States’ commitment to developing these markets for innovation is lagging. While the Pentagon is calling for improved energy security, the U.S. House of Representatives is proposing funding cuts for energy innovation that would reduce our reliance on fossil fuels. After surviving the FY 2011 federal budget battle by receiving $180 million out of the $300 million requested by the President, on June 15 the U.S. House Appropriations Committee voted to cut FY 2012 funding to $100 million for the Advanced Research Projects Agency-Energy (ARPA-E). The President had requested $550 million for the agency, which funds transformational energy technology research.
This post originally appeared on Txchnologist
At a time when many are adopting the narrative that carbon markets are faltering, the European Union (EU) is aggressively pursuing the expansion of theirs to include aviation. One of only two mandatory greenhouse gas (GHG) cap-and-trade systems in the world, the EU Emissions Trading Scheme (ETS) plans to fold in a new sector beginning in January 2012. Our research shows reducing GHG emissions from aviation is critical if we are to mitigate the impacts of global climate change. Low-carbon fuel technology and other technologies for airplanes are advancing at a rapid clip, but we need a climate policy – either a price on carbon or something else – to get over the hump.