Ketan is correct here. For all the optimism in the slides I shared yesterday, we are not moving at the speed required to stay below 1.5C of warming. Staying below 2C of warming is still doable, but requires concerted action. I would place our current path as 2-2.5C. 1/n
Even net zero by 2050 looks daunting (though within our power to achieve). If I were to look at our technical & policy progress, I see us being able to achieve something close to SSP 4-3.4: Cutting emissions in half by 2050, and to zero by 2080. Worst case- IMHO is SSP2-4.5. 3/n
SSP2-4.5 has emissions not even peaking until 2040, and dropping 75% by 2100. (Yellow line.) We can do better than that. 4/n
Where does that put us in warming? SSP4-3.4 leads to about 2.2C of warming, plus or minus some tenths of a degree. SSP2-4.5 (what I consider a worst case) leads to ~2.7C of warming, plus or minus. (Both are on the right graph.) 5/n
So that's where I see our current trajectory. Somewhere between 2.2 - 2.7C of warming (with uncertainty on top of that). I believe we can bend that curve even further, and close to 2C, with concerted effort. 2C itself is bad, in a myriad of ways. But we can survive it. 6/n
At the end of the day, there's a huge amount of work to do to decarbonize our civilization and halt warming. Technology provides us an incredible tool, but it's one we have to harness through policy and economics. We've bent the climate curve already. And we have much more to do.
(A number of these charts on climate SSPs extracted from this helpful thread by @hausfath
For context, the cost of power from a gas or coal plant (in normal times) is around 5-6 cents / kwh. 2/n
As I've written extensively, we're in path to eventually have 1 cent solar, and perhaps 2 cent wind, across large swaths of the world. rameznaam.com/2020/05/14/sol… 3/n
I'm pleased to announce that I've taken a new role, as Chief Futurist and Partner at @PrimeMoversLab.
Prime Movers Lab has the mission to fund breakthrough innovation that improves the lives of billions. primemoverslab.com 1/
I'll remain heavily focused on climate, energy, and transportation, but also spend more of my time taking a broad look at the key technology trends in the world today, how they'll impact humanity, and how to better outcomes for everyone. 2/
I'll also continue to speak and write publicly about these topics. In fact, I hope to write much more. 3/
Thread: Joe Manchin is disturbed by the climate provisions in the budget bill that would phase out fossil fuels. He's wrong to be disturbed. Nevertheless, Dems should try to win him over by allowing coal and gas powerplants, IF they're fitted with CCS, to participate in a CES 1/N
Why would I say this? 1. Manchin's support is absolutely required in order to pass a Clean Electricity Standard, or to pass any reconciliation bill at all.
2. Coal is already increasingly uncompetitive. Adding CCS will make it even more expensive. Coal is dead, either way. 2/N
3. Natural gas + CCS, on the other hand, may actually work. And it may be a useful tool for providing seasonal and multi-day generation to complement renewables and hourly storage. 3/N
Today's a big day for long-duration (12 hour+) energy storage. ESS Inc (@ESS_info) - which makes a low-cost, iron-sodium flow battery with unlimited cycle life - is going public via a SPAC merger, with $465m of fresh capital to help them scale. essinc.com/2021/05/07/ess… 1/n
I'm personally very excited. One of the very first angel investments in clean energy I made was to ESS, at the time a tiny company in Oregon, who had technology that showed promise to bring the cost of 12 hour storage down to pennies per kwh. 2/n
Based on what they showed me in 2015, I believed that ESS could make grid energy storage cheap enough to solve the day/night cycle - that some combination of solar, wind, and ESS's flow batteries would be cheaper than coal or gas almost everywhere. 3/n
The US Department of Energy has new solar cost targets: 2 cents / kwh in average locations (Kansas City, MO) by 2030. This is a phenomenal goal, welcome additional investment in advanced solar R&D, and also very plausible. A short thread. 1/n
Achieving DOE's target of 60% cost reduction of solar by 2030 would make solar the cheapest source of electricity over most of the US. 2/n
Hitting DOE's 2030 solar cost target would also mean that new solar electricity would cheaper than the operating cost of *existing* coal and natural gas plants (at least during daylight hours). I talked about this as the 3rd Phase of Clean Energy: rameznaam.com/2019/04/02/the… 3/n
I'm concerned about & oppose telling people that solving climate change requires them to reduce their consumption because the evidence is that it alienates people & generates political blowback, making it *harder* to get climate action.
@WiedenhoferD@jasonhickel@DrSimEvans There is evidence from numerous studies & the real world that messages that tie climate action to a requirement to reduce consumption have the effect of: 1. Reducing belief that climate change is human-caused and/or serious. 2. Pushing moderates and "less concerned" away. 2/n
@WiedenhoferD@jasonhickel@DrSimEvans On the flip side, messages *and* policies that focus on scaling clean solutions and on innovation to make clean technologies better: 1. Test far better in lab studies. 2. On the policy side, have been far more likely to be passed. 3/n