Wottsupwiththatblog has very kindly let me write a guest post on his blog.
I am reblogging it here in case any of my readers are interested. Myles Allen's proposal to bury the carbon problem.
A guest post by Rachel
Because Wotts is very busy at the moment and because I’m quite keen for a post about Myles Allen’s proposal to bury carbon and because Wotts, I think, has quite different views to me about this, I thought I’d write a guest post.
Myles Allen has an article in the Guardian today, Green levies may be ‘crap’. The way to deal with carbon is to bury it. This article follows on from a similar one he wrote in June this year, Climate change: let’s bury the CO2 problem.
Myles Allen is proposing that rather than pricing carbon, we should make it compulsory for anyone who extracts or imports fossil fuels to sequester the carbon. His suggestion is to start sequestering a fraction of the total carbon emitted and to gradually increase this to 100%. His logic is that we need to reduce emissions to zero; pricing carbon is not achieving this fast enough, and the people with the best resources for sequestering carbon are those in the fossil fuel industry. Yet they have no incentive to do it unless we force them to.