GETTING TO A CARBON NEUTRAL ENERGY SYSTEM TOM BURKE NATIOANL LIBERAL CLUB LONDON APRIL 16 TH 2008
THE NUMBERS 2 0 C C 383 ppm, 400ppm 425 ppm 2/3 ppm 450 – 550ppm
THE OTHER NUMBERS % 83% 81% 50% 57% 116mb/d $21trillion
Now GtC 14 GtC Phase I Investment dominates Phase II Carbon prices dominate Regulation, taxation, carbon markets, investment Lower cost Higher cost Highest cost
TOOLS SERMONS JOBS LAWS MONEY
POLICY FLOW Regulatory Measures Technology standards Carbon pricing Carbon taxes Behaviour changes Revenues Tax pool Investment Incentives
POLITICS Smaller government Lower taxes Lighter regulation An ever expanding realm of personal choice Markets are always wiser than governments