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David Hone - Putting the Genie Back: Solving the Climate and Energy Dilemma

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David Hone Putting the Genie Back: Solving the Climate and Energy Dilemma
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On November 4th 2016 the Paris Agreement entered into force. The warming of the climate system, first recognized over a century ago, has become one of the key political and social issues of our time. Some still deny it is happening, others are incensed by the slow pace of change, while most are left confused and uncertain not just by the science, but by the panoply of solutions put forward by politicians, business people, academics and activists. At its most ambitious, the Paris Agreement implies a transition within the global energy system such that carbon dioxide emissions fall rapidly from 40 billion tonnes per annum in 2016, to net-zero by the middle of the century. Yet our fossil fuel based energy system which ushered in the Industrial Revolution nearly 200 years ago continues to grow and evolve even as new sources of energy come into the market and compete.
The principal economic instrument for change is clear and has been for over two decades, but in 2017 only a fraction of the global economy actively employs government led carbon pricing policies and within that only a handful of systems operate at a level commensurate with the pace and scale of change that is necessary.
As deployment of new energy technologies accelerates, can solutions be found to cover the full range of services delivered by fossil fuels and can warming be limited to the agreed global goals? Putting the Genie Back explores the climate issue from its very beginnings through to the end of end of the 21st Century and looks in depth at the transition challenge we collectively face.

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PUTTING THE GENIE BACK
Solving the Climate and Energy Dilemma
PUTTING THE GENIE BACK
Solving the Climate and Energy Dilemma
BY
DAVID HONE
United Kingdom North America Japan India Malaysia China Emerald Publishing - photo 1
United Kingdom North America Japan
India Malaysia China
Emerald Publishing Limited
Howard House, Wagon Lane, Bingley BD16 1WA, UK
First edition 2017
Copyright 2017 Emerald Publishing Limited
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No part of this book may be reproduced, stored in a retrieval system, transmitted in any form or by any means electronic, mechanical, photocopying, recording or otherwise without either the prior written permission of the publisher or a licence permitting restricted copying issued in the UK by The Copyright Licensing Agency and in the USA by The Copyright Clearance Center. Any opinions expressed in the chapters are those of the authors. Whilst Emerald makes every effort to ensure the quality and accuracy of its content, Emerald makes no representation implied or otherwise, as to the chapters suitability and application and disclaims any warranties, express or implied, to their use.
British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library
ISBN: 978-1-78714-448-4 (Print)
ISBN: 978-1-78714-447-7 (Online)
ISBN: 978-1-78714-932-8 (Epub)
Putting the Genie Back Solving the Climate and Energy Dilemma - image 2Putting the Genie Back Solving the Climate and Energy Dilemma - image 3Putting the Genie Back Solving the Climate and Energy Dilemma - image 4
there remains inevitability around political action and legislation to deal with carbon dioxide emissions. Its not just politics that dictates this, but physics. Society cant keep on adding carbon dioxide to the atmosphere and expect nothing to change.
CONTENTS
Glossary of Terms
Energy Definitions and Unit Abbreviations Used
About the Author
Foreword: Donald Trump and the Paris Agreement
Introduction
GLOSSARY OF TERMS
AAU
Assigned Amount Unit.
AOSIS
Alliance of Small Island States.
BECCS
Bioenergy Use with Carbon Capture and Storage.
CBDR
Common but Differentiated Responsibilities.
CCS
Carbon Capture and Storage.
CDM
Clean Development Mechanism.
CER
Certified Emissions Reduction.
CFC
Chlorofluorocarbon.
CLG
The Prince of Wales Corporate Leaders Group (on climate change).
COP
Conference of the Parties
CORSIA
Carbon Offsetting and Reduction Scheme for International Aviation.
CPLC
Carbon Pricing Leadership Coalition.
DACCS
Direct Air Capture of Carbon Dioxide and Storage.
ENSO
El Nio Southern Oscillation.
EOR
Enhanced Oil Recovery.
ERU
Emission Reduction Unit.
ETS
Emissions Trading System.
EU ETS
European Emissions Trading System.
EV
Electric Vehicle (including hydrogen, battery electric and plug-in hybrid vehicles).
GCCSI
Global Carbon Capture and Storage Institute.
GDP
Gross Domestic Product.
GHG
Greenhouse Gas.
HFC
Hydro-fluorocarbon.
HSFO
High Sulphur Fuel Oil.
ICE
Internal Combustion Engine (vehicle).
ICAO
International Civil Aviation Organisation.
IEA
International Energy Agency.
IETA
International Emissions Trading Association.
IGSM
Integrated Global System Modelling.
IPCC
Intergovernmental Panel on Climate Change.
ITL
International Transaction Log.
ITMO
Internationally Transferred Mitigation Outcomes.
JI
Joint Implementation.
LNG
Liquefied Natural Gas.
MBM
Market Based Mechanism.
MITJP
Massachusetts Institute of Technology (MIT) Joint programme on the Science and Policy of Global Change.
NDC
Nationally Determined Contribution (but prefixed with I for intended prior to the adoption of the Paris Agreement).
NDRC
National Development and Reform Commission.
NER
New Entrant Reserve (of the EU ETS).
NET
Negative Emission Technology.
NOAA
National Oceanic and Atmospheric Administration.
PV
Photo Voltaic (solar cell).
ROW
Rest of World.
RPK
Revenue Passenger Kilometres.
SLCP
Short Lived Climate Pollutants.
UNEP
United Nations Environment Programme.
UNFCCC
United Nations Framework Convention on Climate Change.
WBCSD
World Business Council for Sustainable Development.
WMO
World Meteorological Organization.
ENERGY DEFINITIONS AND UNIT ABBREVIATIONS USED
This book uses energy units in discussing the energy system. There are three that are most important.
Joule
The joule, symbol J, is a derived unit of energy in the International System of Units. Approximately 4.2 J is required to heat 1 gram of water by 1C.
Watt
The SI unit of power, symbol W, equivalent to 1 joule per second, it is the rate of consumption of energy.
Watt-hour
A measure of electrical energy, symbol Wh, equivalent to a power consumption of 1 watt for 1 hour. The Watt-Hour and Joule are interchangeable through a conversion factor of 3600 J/Wh, but Watt-Hour is used for electricity generation, whereas the Joule is used for energy more broadly.
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