Climate policy and its implications for business

Lehman Brothers has just released a terrific report, "The Business of Climate Change II." The theme is, "Policy is accelerating, with major implications for companies and investors"; but the piece has a lot of breadth, with cogent comments on everything from the social/damage cost of carbon, to auctioning vs. grandfathering, to the Stern Report. Here are some extended excerpts:

Children of the corn armed with movie cameras

This is a guest post by Nicole de Beaufort, a long-time advocate for local, sustainable, and accessible food systems. She...

Don’t let the one color your feelings on the other

I don’t think it’s politically or substantively wise to set ourselves up as dogmatically opposed to any given source of...

Cats are the canaries of PBDEs

This is my cat, George. He is fat and grouchy, but I love him. He likes to sun himself on the patio.

This is a link to Sightline's research on PBDEs, toxic flame retardants. A couple of years ago, we conducted a study of PBDEs and found high concentrations in the breast milk of nursing mothers throughout the Pacific Northwest. It was bad news.

And what's the connection to George? Well, new scientific research shows that PBDEs are making house cats sick. (Major hat tip here to Lisa Stiffler, ace environmental reporter at the Seattle Post-Intelligencer, who covers the story in her blog today.)

From a summary of the study:

PBDE concentrations in blood serum of the 23 house cats participating in the study were 20-100 times higher than the median levels of PBDEs in people living in North America, who have been shown to have the world's highest human PBDE levels.

PBDEs are long-lived. They're found in foam cushions, TVs, computers, carpet pads, curtains, you name it. It's thought that we humans get our exposure to PBDEs through house dust, which often includes crumbled bits of foam and other goodies. Same goes for cats: researchers believe that felines, with their obsessive-compulsive grooming, are literally lapping up the toxic compound. And many cats (George included) eat a lot of fish, which tends to have high concentrations of toxics, too.

A good reason we shouldn’t love trees, at least not in this case

Everybody loves trees. They are so popular as offsets they even make Wikipedia's definition:

When one is unable or unwilling to reduce one's own emissions, Carbon offset is the act of reducing ("offsetting") greenhouse gas emissions elsewhere. A well-known example is the planting of trees to compensate for the greenhouse gas emissions from personal air travel.

But does planting trees reduce global warming? Not in most places on the earth. The Carnegie Institution's Ken Caldeira summarized the result of a major 2005 study (PDF) this way: "To plant forests to mitigate climate change outside of the tropics is a waste of time."

Why? Because forest canopies are relatively dark, compared to what they replace outside the tropics -- grass, croplands, or snowfields -- and so they absorb more of the sun's heating rays that fall on them. That negates the "carbon sink" benefit trees have soaking up carbon dioxide. Worse, the study found that planting a large number of trees in high latitudes would "probably have a net warming effect on the Earth's climate." Ouch!

Tracking the nation’s most brilliant up-and-coming health researchers

What’s that you say? Some vaginal spermicides may ease transmission of human papillomavirus (HPV)? Why, what kind of brilliant post...

The TV show 24 will reduce its carbon footprint

Fans of 24 know that if there's one person that can stop climate change, it ain't Al Gore. It's Jack Bauer.

If you are not familiar with Jack, here are some of his qualifications from the site Random Jack Bauer Facts:

1. There are two hands that can beat a royal flush. Jack Bauer's right hand and Jack Bauer's left hand.
2. Most people would need months to recover from 20 months of Chinese interrogation. Jack Bauer needs a shower, a shave and a change of clothes.
3. The city of Los Angeles once named a street after Jack Bauer in gratitude for his saving the city several times. They had to rename it after people kept dying when they tried to cross the street. No one crosses Jack Bauer and lives.
4. If Jack Bauer had been a Spartan the movie would have been called "1".
5. Some people see the glass as half full. Others see it as half empty. Jack Bauer see the glass as a deadly weapon.

Yup, Jack is one tough son-of-a-gun, and he and the producers of 24 have pledged to fight climate change and take the following steps to reduce their carbon footprint:

Brain food for your day of rest

Tabs, tabs, so many tabs open. Time for a whirlwind tour of my browser! Got a website? Here are 11...

A guest essay from Peter Montague raises questions about the rush to sequestration

The following is a guest essay from Peter Montague, executive director of the Environmental Research Foundation. —– In response to...