scholarly journals PARA ALÉM DA INÉRCIA DE AFLUÊNCIA

Author(s):  
John A. Nevin

Global warming poses unprecedented dangers to humankind, and it is a product of human activities: Production and consumption of fossil fuels, accompanied by steadily increasing levels of greenhouse gasses in the atmosphere.  Some of the predicted consequences of warming are already upon us; yet more catastrophic effects will be experienced in the future.  Two behavioral processes operate to maintain fossil fuel use: 1) Delay discounting studies suggest that relatively lesser-valued outcomes (e.g., driving private cars) that are available now are likely to be preferred to the value of a sustainable planet for all humankind, to be achieved in the indefinite future; and 2) ongoing fossil-fueled activities are likely to be highly persistent because of the long and rich history of reinforcement for individuals (e.g., comfort and convenience) and for the fossil-fuel industry as a whole (e.g., jobs and profits). One way to counter that persistence is to tax greenhouse gas emissions, which can shift current incentives away from fossil-fuel based energy toward renewables, even though the ultimate slowing of climate change may be remote.  Carbon-tax contingencies are similar to those employed to treat problem behavior; a successful example of this approach is described.Key words:  Global warming, fossil fuel consumption, carbon tax, delay discounting, behavioral momentum

Author(s):  
Alex Lenferna

This chapter begins by providing a brief overview of the divestment movement and the carbon bubble. It then argues that in order to avoid grave, substantial, and unnecessary harm, there is a collective moral responsibility to transition away from fossil fuels in line with the Paris Agreement’s targets of keeping global warming well below 2°C above pre-industrial levels with the aspiration of holding warming to 1.5°C. It uses that argument as the basis for the following three distinct but reinforcing moral arguments in favor of divesting from fossil fuels: (1) investing in fossil fuels contributes to grave, substantial, and unnecessary harm and injustice; (2) divesting from fossil fuels helps fulfill our moral responsibility to promote climate action; and (3) investing in fossil fuels morally tarnishes those who do so by making them complicit in the injustices of the fossil fuel industry. The chapter begins by providing a brief overview of the divestment movement and the carbon bubble.


2019 ◽  
Vol 158 (3-4) ◽  
pp. 301-307
Author(s):  
Steven M. Karceski ◽  
Nives Dolšak ◽  
Aseem Prakash ◽  
Travis N. Ridout

2018 ◽  
Vol 31 (2) ◽  
pp. 122-134 ◽  
Author(s):  
Martina Linnenluecke ◽  
Tom Smith ◽  
Robert E. Whaley

Purpose This paper aims to examine the complex issue of the social cost of carbon. The authors review the existing literature and the strengths and deficiencies of existing approaches. They introduce a simple methodology that estimates the amount of “legal looting” in the fossil fuel industry as an alternative approach to calculate an unpaid social cost of carbon. The “looting amount” can be defined as society’s failure to charge fossil fuel firms for the damage that their activities cause represents an implied subsidy. Design/methodology/approach The methodology used in this paper combines decisions in the form of policymakers setting carbon taxes and rational investors investing in carbon emission markets. Findings The authors show that the unpaid social cost of carbon in the fossil fuel industry was US$12.7tn over 1995-2013, but may be as high as US$115.5tn. Originality/value Over the same period, the sum of industry profits, emission trading scheme carbon permit and carbon tax revenue totalled US$7tn, indicating the industry would not be viable if it was made to pay for damages to society.


2017 ◽  
Vol 4 ◽  
Author(s):  
Jim Krane

ABSTRACTThis article compiles and categorizes the various forms of climate risk facing the fossil fuel industry. The type and intensity of risk differs greatly among the three forms of fossil fuels, as well as between countries in the developing and developed world. The paper finds heightened risk for the coal industry and reduced risk for oil businesses, due to its lack of substitutes.Burning coal, oil, and natural gas is the source of two-thirds of the world’s emissions of greenhouse gases. Sales of these fuels also represent the economic underpinning of resource-rich countries and the world’s largest firms. As such, steps taken to abate emissions undermine commercial opportunities to monetize fossil fuel reserves. Risks to the industry correlate with progress on climate goals.This article analyzes recent literature on climate action strategy and finds that a new or intensified set of risks has arisen for the fossil fuel industry. These include government policies and legislation, financial restrictions among lenders and insurers, hostile legal and shareholder actions, changes in demand and geopolitics, as well as the onset of new competitive forces among states and technologies.The exposure of carbon-based businesses to these risks and the potential for loss is neither distributed uniformly across the sector, nor adheres to a uniform time scale. Shareholder-owned firms in the developed world will be incentivized to react sooner than large state-owned resource owners in developing countries. The fates of the three fossil fuels also appear likely to play out differently. Demand for oil appears insulated by its lack of viable substitutes, while coal businesses are already undergoing climate-related action, pushed by decreasing social acceptance and constraining financial regulation. At the other end of the spectrum, climate action has improved the medium-term viability of low-carbon natural gas. What appears clear is that, as effects of climate change grow more pronounced, the industry faces a future that is less accepting of current practices.


2020 ◽  
Vol 46 (7-8) ◽  
pp. 1233-1249
Author(s):  
Diana Stuart ◽  
Ryan Gunderson ◽  
Brian Petersen

Using the concepts of metabolism and metabolic rift as a framework, this paper examines carbon geoengineering technologies as a solution to climate change and explores if it is possible to mend an ecological metabolic rift without fundamental changes in the social metabolic order. Carbon geoengineering technologies have become a key component of scenarios to limit the extent of global warming and are being discussed as a means to sequester carbon and, therefore, mend the carbon cycle. However, most applications of carbon geoengineering thus far do not result in net negative emissions. Strategies to make operations profitable result in neutral or positive, rather than negative, emissions. While these strategies have the potential to reduce greenhouse gas concentrations, the current social order constrains their use and effectiveness. Instead of being applied as part of the solution to climate change, carbon geoengineering is being strategically promoted by the fossil fuel industry in ways that serve to reproduce and maintain the current social order.


Polar Record ◽  
2020 ◽  
Vol 56 ◽  
Author(s):  
Sohvi Kangasluoma

Abstract Despite the global alarm caused by accelerating climate change, hydrocarbon companies are exploring and opening up new oil and gas fields all over the world, including the Arctic. With increasing attention on the Arctic, companies address the growing global environmental pressure in their public marketing in various ways. This article examines the webpages of Norwegian Equinor and Russian Gazprom & Gazprom Neft. Building on feminist discussions, I analyse the different justification strategies these fossil fuel companies working in the Arctic utilise in order to support their ongoing operations. This article concludes that in order to justify their operations in the Arctic, the Norwegian and Russian companies emphasise values based on discourses that have historically and culturally been associated with masculine practices, such as the control of nature enabled by technology. These justifications are thus reinforcing the narrative of the Arctic as a territory to be conquered and mastered. Even though the companies operate in different sociopolitical contexts, the grounds of justification are rather similar. Their biggest differences occur in their visual presentations of gender, which I argue is part of the justification. Approaching the fossil fuel industry from a feminist perspective allows questioning the dominant conceptualisations, which the justifications of Arctic hydrocarbon companies are based on.


2021 ◽  
pp. 24-54
Author(s):  
Peter Drahos

China is an implausible leader for the globalization of a bio-digital energy paradigm, but the United States and European Union are even less plausible candidates. The chapter shows how the fracking revolution has turned the United States into an energy-secure fossil fuel superpower. No US president can close down the fossil fuel industry. The New Green Deal is unlikely to have much impact on US politics and is only of modest interest to Wall Street. The European Union’s Energy Union initiative is important. But the European Union’s leadership of the bio-digital energy paradigm is hampered by the different energy and industrial interests of its members. Despite China’s corruption problems, it is the least implausible leader of an energy revolution. China’s improved standard-setting capacities are outlined. The chapter concludes by discussing China’s pressure-driving mechanism, a distinctive tool of governance that allows China to overcome problems of fragmentation in its system.


Elem Sci Anth ◽  
2018 ◽  
Vol 6 ◽  
Author(s):  
Rupinder Mangat ◽  
Simon Dalby

Fossil fuel divestment activists re-imagine how the war metaphor can be used in climate change action to transform thinking around what will lead to a sustainable society. Through the naming of a clear enemy and an end goal, the overused war metaphor is renewed. By casting the fossil fuel industry in the role of enemy, fossil fuel divestment activists move to a re-imagining of the climate change problem as one that is located in the here and now with known villains who must be challenged and defeated. In this scenario, climate activists move away from the climate and national security framing to a climate and human security way of thinking.


Molecules ◽  
2020 ◽  
Vol 25 (4) ◽  
pp. 802 ◽  
Author(s):  
Manuel Antonio Díaz-Pérez ◽  
Juan Carlos Serrano-Ruiz

Concerns about depleting fossil fuels and global warming effects are pushing our society to search for new renewable sources of energy with the potential to substitute coal, natural gas, and petroleum. In this sense, biomass, the only renewable source of carbon available on Earth, is the perfect replacement for petroleum in producing renewable fuels. The aviation sector is responsible for a significant fraction of greenhouse gas emissions, and two billion barrels of petroleum are being consumed annually to produce the jet fuels required to transport people and goods around the world. Governments are pushing directives to replace fossil fuel-derived jet fuels with those derived from biomass. The present mini review is aimed to summarize the main technologies available today for converting biomass into liquid hydrocarbon fuels with a molecular weight and structure suitable for being used as aviation fuels. Particular emphasis will be placed on those routes involving heterogeneous catalysts.


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