Neil Harrison Jun 15, 2014 11:05
Member
|
Many of the larger industrial corporations already contribute data for public review at, for example, the Carbon Disclosure Project. You are proposing something similar but, if I understand correctly you want the energy companies to take responsibility in some form for the uses that their customers make of the energy they produce. Natural gas (methane) is a highly potent GHG. Should energy companies that produce natural gas be held responsible for the energy efficiency of their customers? They can be held responsible for the potential warming that they cause by releases of methane from their production but as with the recent regulation of coal-fired power stations, the belief is that increasing natural gas use for electricity production is actually an economically efficient way to reduce GHG emissions. Not if methane is released in its production.
|
Manohar Lal Baharani Jun 18, 2014 01:23
Catalyst
|
Energy in all its forms is contributing to the well being and comfort. The fuel switch from fossil to natural gas is just one option for electricity. From Climate Change concerns, it is important that the upcoming technologies ingress into the market with faster pace in market driven economies. The entity like Green Climate Funds could look at the incentives for technology development, advancements and mitigating the barriers to their entry in market as energy conversion / usage has problems with its equitable distribution as well.
|
Zoe Whitton Jun 19, 2014 03:15
Catalyst
|
Hi Ethical Energy
Similar to harrow, I'd be interested in understanding what kind of responsibility companies might take for their warming footprint. Obviously there's a responsibility to reduce it, but for many companies their footprint and their revenue will be joined at the hip, and reducing footprint will mean going out of business. A different kind of responsibility might be a tax attached to emissions intensity (sound familiar?) which would support the success of companies capable of bringing their emissions per dollar revenue ratio down. Doing so would support gas providers over coal-fired power, and renewables over gas, but is basically an ETS. I get the impression you might be suggesting that energy companies move their production profile over time, going from fossil companies to renewable providers as they reduce their footprint?
My second question is why fossil fuel companies might like to do this? As harrow has outlined, information along these lines is already available, but responsibility for emissions is far-off. Many of these companies feel that responsibility for emissions will result in their extinction, and as such they resist the suggestion. It would be good to know how you think these companies will be compelled to change, and to position themselves in a new way.
|
Laur Hesse Fisher Jul 24, 2014 01:08
Staff
|
This proposal has been moved by an Administrator from the "Industry" contest to the "Energy supply" sector.
|
Climate Colab Aug 13, 2014 04:19
Member
|