Categories
Carbon Capture and Storage Uncategorized United Kingdom

November 19, 2007 – Gordon Brown announces first Carbon Capture and Storage competition at WWF event

On this day, November 19, Prime Minister Gordon Brown announced the first CCS competition

Carbon capture Government ministers have been giving speeches about the carbon capture competition for months. Mr Darling talked about it in the Pre-Budget Review. But Gordon Brown’s speech did not hesitate to bring it forward as a completely new idea. ‘I can announce today that we are launching a competition to build […] one of the […] first commercial CCS […] projects’.

He also mentioned the agreement between China and the UK to work together on Near Zero Emission Coal. He said it was the first of its kind. It was not. Australia and China signed a similar deal in September.

CCS had been swirling around for a few years by now. BP had wanted to get it going (with Enhanced Oil Recovery) at a site in Scotland, but Treasury wouldn’t give it the ROCs (renewable obligation certificates) to make the numbers add up….

Why this matters

If you know you’re history, you will know where you’re coming from…

What happened next

First CCS competition fizzles out in 2011. Second one, begun 2012, killed off abruptly in November 2015.  Third time lucky?

Categories
Economics of mitigation United Kingdom

October 30, 2006 – Stern Review publshed.

On this day, October 30 in 2006 the Stern Review was published. This had been commissioned by Gordon Brown, the United Kingdom “Chancellor of the Exchequer” (Treasurer) a year previously (see this blog post).

Nick Stern, a World Bank economist who could hardly be accused of being a swivel-eyed Luddite, argued that 

“This Review has assessed a wide range of evidence on the impacts of climate change and on the economic costs, and has used a number of different techniques to assess costs and risks. From all of these perspectives, the evidence gathered by the Review leads to a simple conclusion: the benefits of strong and early action far outweigh the economic costs of not acting.”

[The amount of carbon dioxide in the atmosphere was 379.33ppm. At time of writing it was 421ishppm- but for what it is now,well, see here for the latest.]

The context was this – 

Why this matters. 

We knew. And we knew there was a “business case” for saving life on earth (the very words are bizarre, aren’t they?)

What happened next?

Oh, arguments about the “discount rate” (i.e. Stern was too optimistic)

A variety of “mini-Stern” reports, and for a while everyone using the language. Then nothing.

Fun fact – when Stern visited Australia, Prime Minister John Howard basically dismissed him as “English.”

Categories
United Kingdom

July 15, 2005 – The “Stern Review” into #climate is announced…

On this day, 15 July, in 2005  the Chancellor of the Exchequer, Gordon Brown announced that he had asked Sir Nicholas Stern to lead a major review of the economics of climate change, to understand more comprehensively the nature of the economic challenges and how they can be met, in the UK and globally.

Stern produced the report- released in late 2006, and this was for a while used as a “don’t worry, there’s now a report that shows business it should act, so, you know, business will defo act” kind of thing. And some nice diagrams.


Stern paid a flying visit to Australia, and the embattled Prime Minister John Howard dismissed him for being (checks notes) English. Yeah, it all got that crazy.

Why this matters. 

These reports come and go. We should remember that when the next one comes along, as it soon will.

But the pictures were nice. This one got “traction.”

What happened next?

Yeah. You know what happened next. The UK Climate Change Act (2008). The stunning success that was the 2009 Copenhagen COP. The rapid decarbonisation of essential industry. The transformation of economies and societies to adapt to inevitable change, and mitigation to minimise the damage, reparations for those affected. The land of milk and honey, the sunny uplands. Er, yeah, nah.