But when you have to attach a price to something, you have to essentially put up or shut up. Either your project is as efficient as you claim or you lose money. And if your project suffers from economies or dis-economies of scale? Prices can incorporate this information too. Prices keep us honest.
That's why a cap-and-trade system is the best approach for limiting and reducing carbon in the atmosphere. Put a price on the externality and the market will find a way to drive it down as far as it'll go.
What's proven is that seaweeds and kelps can sequester more carbon per square meter per year than the tropical rainforest. The idea is put submerged, autonomous satellite-assisted kelp platforms in the open ocean at scale, to farm for food/feed/fertilizer/fish or just sink the kelp into the depths to sequester the carbon for hundreds of years. (per UN research)
There is now a kelp coin, which might someday play a role in emerging carbon sequestration markets. At the moment, it is a fundraiser, crowd- funding style to help raise capital to get these to hectare scale. https://www.climatefoundation.org/kelp-coin.html This kelp coin is new, just a couple of weeks out.
It might take a decade or more to get to a gigaton of carbon sequestration. But it is also about food security and ecosystem regeneration. If you like short videos for information, try https://www.climatefoundation.org/2040-make-a-change.html
This is a complex problem. Almost all solutions are worth trying. Most of them are going to be required. There does not need to be a winnowing of solutions. We just need to fucking start rolling them out.
I'm so over the argument that something won't be good enough.
No fucking shit.
Nothing is going to be good enough, nothing is going to be potent enough to solve how monumentally we screwed the environment up.
It is not a complex problem, this is the root cause.
AFAIK neither the Paris accords or any climate management proposals entertain the idea of stopping climate change.
Edit: positive feedback loops are things like the melting ice caps. Less sunlight is reflected back to space by the white ice which means more is absorbed by the dark sea. This causes the earth to warm and more of the ice caps to melt....
In climate science there is something called the tipping point. This is when mechanisms like positive feedback will make drastic climate change inevitable (with current technology).
When the tipping point will happen is up for debate. IMO the idea that we have already passed the tipping point is also up for debate.
How about estimate the future cost of climate change and the cost of various measures to prevent/reduce it. Do they result in a net gain or loss? There's no point doing something will help less than it hurts.
It's hard to predict future costs but we should at least try instead of (incorrectly) pretending it's the end of the world and no expense is too great to stop it. People probably have a sense that some measures (like reforestation) might not be worth the cost but others consider any cost is worth paying if it does anything.
Second, there's the behavior of the thing you're trying to fix. If you're accelerating towards a wall, you don't analyze the cost of switching to your current velocity. You're still going to get smashed apart by the wall. With Covid, people wondered if a lockdown is worth the economic cost compared to not locking down, without stopping to consider if no-lockdown's economic cost exceeds the cost of the lockdown, which is the bleedingly obvious reality. Comparing the cost of mitigating climate change over not mitigating climate change sometimes ignores we aren't in a static reality - the status quo is that we are accelerating in a direction that leads to higher and higher costs.
Finally, the return on an investment can change over time. For many people, planting one tree is obviously worth the cost of planting one tree. I've got space in my backyard, and I have seeds. It's a few square feet and it sequesters about a ton of CO2 over 40 years. I mean, that's a hell of a return on an investment, compared to not planting the tree. Now, that return will go down over time, as it becomes harder and more expensive for society to plant trees, several billion trees from now. But right now it's easy money. A US Citizen can currently offset their own carbon footprint by paying tree-planting services somewhere between $120 and $200 per year. That's cheap. It'll get more expensive over time until the point it's not "worth it" by some argument, and that can also mean that "the effort of offsetting the worlds carbon footprint through world reforestation isn't worth it", but that doesn't mean it's not worth it at first.
I recently drove through a road after a couple of years. On one side is Safeway and other shops - standard California shopping area - bigger than a strip mall smaller than a mall - not sure what to call it, and housing on the other side of the road.
Maybe it is bad memory but maybe it is real since I sort of exclaimed when passing through the area. The area used to be a concrete jungle but now they added so many trees that if you were not looking you may not realize you are passing a shopping area (of course I exaggerate but just a little). Not sure if they added 10 trees, 100 or maybe 200-300 (smallish ones not full size ones). I wonder if those things help and to what extent?
Tldr: do what you can based on where you are at your life and hope improves in the right direction, this applies to all things.
- We should do "X"
- But doing "X" won't solve "Y"
- But "X" will help
- But "X" won't solve
- But "X" is necessary
- But "X" isn't sufficient
And I think the unstated conclusions are whether we should actually do "X" or not. I think the answer is usually Yes, we should do X (in this case, plant as many damn trees as we can), but I also think that's me arguing from an individual perspective and not a group psychology perspective.
Like, when people argue "but focusing on trees could distract us from addressing the entire problem", I used to just be dismissive of that, but I'm starting to feel like those objections should be taken more seriously - particularly having gone through this COVID debate where people focused so much on "flattening the curve" - which was necessary, not sufficient - that too many people signed on to gradual reopening just as the (high-amplitude) curve started flattening. If we had socialized a different benchmark, maybe it would have been more effective in the long run.
(But still, even if only in parentheses, plant trees.)