GGR333H5 Lecture Notes - Lecture 11: Multinational Corporation, Energy Returned On Energy Invested, 2Degrees
Document Summary
Trans mountain decision: the dispute between alberta and bc, governance competing regional governments over a pipeline, commerce of oil the issue is the pipeline itself. Banks boost lending: larger-scale participation of shareholders to divest in fossil fuels, major financial companies have increased financing in these industries. Anti-pipeline campaigners: might change how society sees climate change and climate change campaigners. Required reading: assessing the environmental and health impact. First slide giving examples of different scales. Externalities is the major way the economic calculations of the energy sector have let us down. Fuel chain analysis mimics the supply chain analysis. Different ways of framing the social cost: social cost of carbon, ism using economic modelling and determining the economic cost of different climate change scenarios based on climate change modelling. Kyoto: we don"t want to see global temp rise above 2 degrees, now gives the implication of divestment from fossil fuels in a way we haven"t seen in other accords.
