Russia Wants to Burn More Coal
Russian President Vladimir Putin wants his country to make greater use of its coal reserves, which are estimated at 3 trillion tons. But this would make it difficult for Russia to meet its Kyoto target, not to mention that it would eat up all of its available “hot air” emissions credits that many countries are counting on to meet their own targets.
The Kyoto Protocol cannot come into effect unless either the U.S. or Russia ratifies the treaty. Since the U.S. has already said it wont ratify, it is up to Russia to win the day. At the World Summit on Sustainable Development in Johannesburg, Russian Prime Minister Mikhail Kasyanov said that “ratification will take place in the very near future.” But Putins call for exploiting coal puts this commitment into doubt yet again.
Environmentalists are not pleased. “By preparing to burn more coal for its energy needs, Russia aims to free more natural gas for lucrative exports to Western markets,” said Natalia Olefirenko, climate programs coordinator with Greenpeace Russia. “It is a flawed approach, and it amounts to a sell-out of the Russian environment because growing use of coal is likely to adversely affect the countrys ecological balance and cause acid rain” (Asia Times, October 3, 2002).
EU to Miss Kyoto Target
The International Energy Agencys Chief Economist, Fatih Birol, said that the European Union will not be able to meet its Kyoto targets even with new policies to promote the use of renewable energy.
Even if the EU were able to increase the share of renewable energy to produce electricity to 30 percent by 2030, it would still fall short of Kyoto. “Fossil fuels will still dominate,” said Fatih. “Even with these alternative policies [on renewables] we dont reach the Kyoto targets.”
In a business as usual scenario, the EUs emissions of carbon dioxide would rise to 3,146 million tons in 2010 and to 3,829 by 2030, compared to the 1990 baseline of 3,080 tons. With the above-mentioned renewable policies, emission would only be 4.9 percent less than the business as usual scenario in 2010, but still higher than the 1990 baseline. In 2030, emissions would be 19 percent less than business as usual, but still higher overall (Reuters, October 2, 2002).
EU to Chase the Hydrogen Holy Grail
The European Union has announced that it will initiate a major investment project to develop hydrogen power. According to European Commission President Romano Prodi, this effort will be just as important to Europe as the space program was for the United States in the 1960s, but “We expect an [even] better technological fallout,” he said.
The EU plans to spend $2.09 billion from 2003 to 2006 on hydrogen-related renewable energy development. Apparently the EU sees this as a hydrogen race with the U.S. Earlier this year the Bush administration launched the Freedom Car project, a fuel cell research effort, and has asked Congress to provide $150 million in funding.
But there is little reason to believe that such efforts will yield dividends. As noted by the Wall Street Journal (October 16, 2002), “Meanwhile, for all the hope surrounding hydrogen, it is still years, if not decades, away from making significant inroads into the power and transport markets, which currently account for most of the worlds oil and gas use.” Hydrogen is much more expensive than traditional fuels and would require massive infrastructure investments.
What the Journal fails to mention is that hydrogen is not an energy source, but merely a way to store and transport energy. That is due to the fact that there are no free standing sources of hydrogen. It must be extracted from water or other sources, which requires energy. It then must be re-oxidized to extract the energy. Energy is lost throughout the process, so that when all is said and done, less energy is produced than was used to get the hydrogen in the first place. The only way to overcome that is to circumvent the laws of thermodynamics.
Solar Power Plant Not So Impressive
Arizona Public Service Co. has begun construction on what will become one of the largest solar power plants in the world and could supply electricity for up to 3,000 homes. Solar power advocates are “oohing” and “aahing” over the power plant, but even this solar power behemoth is not that impressive.
Herb Hayden, director of APSs solar energy program, acknowledges that the biggest obstacle for solar power is that it costs twice as much as electricity produced from conventional fuels, but he thinks the project will break even. APS had been able to cover most of its costs on other solar projects by selling the power at a premium through its Solar Partners Program. Participating customersabout 3,000pay a monthly premium (read donation) for 15-kilowatt-hour blocks of renewable power. “It doesnt cover the costs, but it shows the product has value,” Hayden said.
The power plant, which will eventually produce 5.5 MW of electricity, will occupy 50 acres near the airport in Prescott, Ariz. By comparison, a small-to-midsize natural gas power plant that produces 250 MW of electricity occupies only a few acres. To equal that output using solar technology would require the use of about 2,300 acres.
APS currently has seven other solar power projects which produces a total of 1.7 MW of electricity and has committed to spending $12 million a year on solar power through 2004. A large part of the cost will be covered by surcharges on electricity bills, from 35 cents per month for residential customers to $39 per month for industrial customers. The surcharge raises about $20 million per year.
Hayden may be forgiven his somewhat misguided optimism since his company has little choice in the matter. The Arizona Corporation Commission approved in 2000 the Environmental Portfolio Standard, which forces investor-owned utilities to generate at least 1 percent of the electricity they sell from renewables. APS must generate 25 MW of electricity from renewable resources. They might as well smile about it.