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ENVIRONMENTAL DEFENSE
Climate Change Climate Change Challenge and OpportunityChallenge and Opportunity
Michael ShoreMichael Shore
DENR Climate and Mercury WorkshopDENR Climate and Mercury Workshop
April 21, 2004April 21, 2004
ENVIRONMENTAL DEFENSE
22
Two Reasons NC should pay Two Reasons NC should pay attention to climate change: attention to climate change:
– Challenge:Challenge: Environmental/Economic Environmental/Economic IssuesIssues
– Opportunity:Opportunity: Carbon Marketplace Carbon Marketplace
ENVIRONMENTAL DEFENSE
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Sea level on the Atlantic
coast is expected to rise about 12 inches over the next 30
years.
ENVIRONMENTAL DEFENSE
44
CarbonCarbon
MarketplaceMarketplace
RegistryRegistry-or--or-
ReportinReportingg
Selling Selling CreditsCredits
SupplySupply
Ag, Hog, Ag, Hog, Forestry, Forestry, IndustryIndustry
DemandDemand
Utilities, Utilities, ManufacturManufacturersers
ReportingReporting
Targets Targets
Caps Caps (Buying)(Buying)
Pilot Pilot MarketMarket
ENVIRONMENTAL DEFENSE
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• Emission credit dollars will Emission credit dollars will go to out of state suppliersgo to out of state suppliers
• The longer NC waits, the The longer NC waits, the higher the cost of reduction higher the cost of reduction effortsefforts
• The longer NC waits, the The longer NC waits, the worse the worse the environmental/economic environmental/economic impactsimpacts
If NC is asleep at the wheel. . .
ENVIRONMENTAL DEFENSE
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• North Carolina is already North Carolina is already experiencing the effects of climate experiencing the effects of climate change and will continue to do sochange and will continue to do so
• There will be national standards, There will be national standards, eventually, and greenhouse gas eventually, and greenhouse gas marketplacemarketplace
• Will NC be ready or caught off guard? Will NC be ready or caught off guard?
Bottom Line on Climate
ENVIRONMENTAL DEFENSE
77
RegistryRegistry-or--or-
ReportinReportingg
Selling Selling CreditsCredits
SupplySupply
Ag, Hog, Ag, Hog, Forestry, Forestry, IndustryIndustry
DemandDemand
Utilities, Utilities, ManufacturManufacturersers
ReportingReporting
Targets Targets
Caps Caps (Buying)(Buying)
Pilot Pilot MarketMarket
ENVIRONMENTAL DEFENSE
88
Greenhouse gases are a blanket that keeps the Earth warm
ENVIRONMENTAL DEFENSE
99
COCO22 & temperature are & temperature are correlatedcorrelated
ENVIRONMENTAL DEFENSE
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ENVIRONMENTAL DEFENSE
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Global temperatures are Global temperatures are risingrising
ENVIRONMENTAL DEFENSE
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Risks and ImpactsRisks and Impacts
$$
ENVIRONMENTAL DEFENSE
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• A rise in global average temperature has already occurred and temperature will continue to rise over the next 100 years
• Warming is mostly due to human activities
– mainly the burning of fossil fuels
• The greater our emissions of greenhouse gases, the more the severe the adverse impacts of climate change will be.
– Assessments by the US National Academy of Sciences and the United Assessments by the US National Academy of Sciences and the United Nations Intergovernmental Panel on Climate Change (IPCC) Nations Intergovernmental Panel on Climate Change (IPCC)
Scientific Consensus
ENVIRONMENTAL DEFENSE
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