Dr. Kotcon, Jim friends
Through a circuitous route, I have been introduced to, and will be meeting
Tuesday in Toronto with, DR. Tom Rand P.Eng, Managing Partner of the MaRS DD
“CleanTech” Fund. MaRS DD* is quite an interesting organization that is
dedicated to helping entrepreneurs commercialize their ideas, create jobs and
advance the economic diversity of Ontario. (*
www.marsdd.com)
Their areas of focus are :
Advanced materials and
engineering
Cleantech
Information technology, communications and
entertainment
I am sending this to you for two reasons.
First, Dr. Rand has written an excellent and
beautifully executed book, “Kick the Fossil Fuel
Habit”. He dedicates each chapter to a detailed discussion
of each alternatives we now know that are fossil free. In between each
chapter, he inserts essays on various pertinent subjects, like climate change,
“A Price on Carbon’, “Carbon Sequestration: Burn it and bury
it”. In the chapters, he provides interesting and
uncomplicated charts of cost comparisons that are pertinent to the discussions
you presented in your memo.
The book is also absolutely beautiful! It is filled with
a lot of coloured photos of existing samples, and some artists’ renderings, of
all the technologies he is writing about. And frankly, it is an excellent
text book for the uninformed to see it all presented in a format that is not a
deep technical report, but a succinct review of where we are, what is possible,
what is happening and why it is so urgent that we take action promptly.
It is personally delightful to me as he cites the huge CSP solar project
that, when I lived in California, my then partners and I were involved
with the design, financing and construction of the 9 Concentrated Solar Power
plants for Southern California Edison in the Mojave desert of California.
I recall the SCE nayslayers stating that they would never be economically viable
until crude oil got to $18.00 per bbl. Hello!
And in his chapter on hydro power, he has a famous picture of the restored
Glade Creek Grist Mill in Babcock State Park. (That’s owned by a State
Legislator, is it not? Mr. Garvin; Bill
Hamilton?)
A review by one of Canada’s largest papers says it all:
“Now there’s no shortage of books out there
about green energy, but there’s little that explains it so simply and with
graphics and beautiful pictures that show how it’s done and how it can help
change our world for the better” Tyler Hamilton, Senior Energy
Reporter and Columnist-The Toronto Star.
Amazon has it. Its a hard copy that belongs on
top of all your other coffee table books!
My second reason is to ask how and where could we have a MaRRS DD like
organization in West Virginia. My business colleagues and I cannot wait,
so we are committed to establishing our “Zero Carbon Footprint”
manufacturing operations in Ontario for many excellent financial
reasons, (health care being huge), but also because of the progressive attitude
among business, community and Provincial Government Leaders towards
“green businesses” that is so lacking here, and which
gets a frown from WV State Leaders.
At the risk of repeating myself, which I am known to do, get
this book.. its very enjoyable discussion, facts, reading and
visuals.
And thank all of you for keeping the progress towards reversing and solving
climate change alive in West Virginia.
Allan
Sent: Friday, August 16, 2013 6:20 PM
Subject: [EC] The Social Cost of Carbon
Here are some economics on the "Social Cost of Carbon" which is what the
emissions of carbon dioxide actually cost us. As explained in the link
below, EPA already uses these numbers as part of their estimates of the costs
and benefits of various energy regulations. (Would WV ever consider doing
so?)
Also, the "cost" is not a specific number, but one that varies largely
depending on two factors: 1) the year in which emissions occur; and 2) the
"discount rate" (roughly analogous to the interest rate or rate of inflation
predicted to occur in the future, i.e., the future value of a dollar). EPA
uses a range of rates to provide a range of predicted values for the benefits of
damages avoided for a given amount of carbon emissions reductions.
The Union of Concerned Scientists has a recent editorial explaining some of
the rationale and issues regarding the recent update to the SCC.
Compared to the values used by AEP and FE during the power plant transfer
cases, these values from EPA are much higher.
Enjoy.
JBK
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