So more than doubles. The International Panel on Climate Change has actually put more emphasis in this. If youre trying to hit a 550 target and you take ccs off the table, the cost goes up about 50 or really goes up between sort of 30 and 80 for 550. If you want to hit a 450 target the cost triples. Goes up between 200 and 400 . Thats a lot of money, and its just because in some markets coal with ccs is the cheap option. Not everywhere, maybe not in california, maybe not in arizona, but in a whole bunch of markets, in a whole bunch of places in the country and around the world, ccs with coal is the cheapest option for deep abatement, and if you get rid of that cheapest option, you have to replace it with something more costly or less efficient. The good news is weve made a lot of progress on this. This slide is actually a little old, but basically the lower two bars are stuff thats built and operating or will be operating soon because its being built. So right now were here at 2015, we
Point will the administrationa reconsider linking its own the size of the u. S. Stockpile with the size ofdnbym russias stockpile and just accept nuclear postureg recommended judgmentwaen the u. S. Can get ÷ by with a smallerd,xn arsenal┌n i believe the question about unilateral reductions and i will say as ive said repeatedlys9 4 includingb4azjw in public testimony that8 unilateral reductions are noax the table. not on the 7n i can say. Ja 4n h 4q< yes, good morning. Tim gent from the defense threat reductionq thank you for all your hard work madame secretary. As a member2xfn and treaty imply8 meanter, we sit back and look at somes 7 of the effect treaty year five, six, and out to 2018. As we see the likelihood of new sanctions being announced as early friday do you believero that the willing0rpw to sacrifice all. Zch the hard work that your office has done yc over thequq years aroundczm]p euu zm5 continue with sanctions or[zcwcl can remain separate and continue on separate paths t
I think its completely crazy were doing substantive work on the 17th of december. I cant imagine were holding real conferences here right the week before christmas, but we are, but thats because theres so much to talk about, and im so glad to have you all come. Thank you, thank you all for being here. My name is john hamre, im the president at csis. I wanted to say special thanks to Julio Friedmann who is a friend. We have known each other for many years. Hes fortunately in town serving in government more directly. Hes a government guy, hes out at Lawrence Livermore labs but were so pleased he can be here leading at a crucial time when we need to be thinking through a lot of important issues. For a very strange reason, recently i have been doing some personal reading on the history of philosophy, and i was recently reading about Thomas Robert maltous, a british cleric who in the early 18th century who was a very provocative philosopher because he had very dark views about the future of
Robust across the portfolio, as people deploy these things, they all come to us and say we know how to cut the cost of our first project. Well just do the second project instead. The second project is always cheaper than the first by a lot. 20 to 30 is a very typical kind of number. I want to dwell on this for a moment because it helps make the point that i made earlier. An Environmental Group approached them and said youre going to spend 1. 4 billion on this project, thats a lot of money. How about you put a bunch of different solar panels, wind farms, do a bunch of efficiency measures, and that will be a better use of your money, better for your company, and it will be better for your customers. Reasoned, impassed pitch. The president said you know were in canada, right . Its dark here half the year. And when its dark is when we need the energy. Solar isnt a really great solution for us. Also, we cant put up wind 900 because they run miles an hour and rip apart the wind farms. Canada
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