Table of Contents:
  • Cover page; Halftitle page; Title page; Copyright page; Contents; Figures and tables; Abbreviations; Preface to the revised andupdated edition; Acknowledgements; Introduction; PART ONE Why should we worry about climate change?; CHAPTER 1 How serious is climate change?; Some climate scientists; The science of climate change; How bad might it get?; CHAPTER 2 Why are emissions rising?; Coal, coal and coal; Oil and gas and their pollution; The ever-upward trajectory of coal-burn; The China factor; There is plenty of coal left; Economic growth and ever more consumption; Population growth.
  • CHAPTER 3 Who is to blame?Who put the carbon into the atmosphere?; Fairness; Carbon consumption; PART TWO Why is so little being achieved?; CHAPTER 4 Current renewables technologies to the rescue?; Why wind is so expensive; Solar; Bio-energy: biomass and biofuels; How did Europe end up in this mess?; Politics, not economics; CHAPTER 5 Can demand be cut?; Does energy efficiency reduce energy demand?; What is likely to happen to global energy demand?; Energy efficiency policies; How big is the energy efficiency prize?; CHAPTER 6 A new dawn for nuclear?; A brief history of nuclear.
  • The green NGOs and nuclearThe very small risk of a catastrophe; The waste; Weapons proliferation; Carbon emissions from the nuclear cycle; The economics of new nuclear; A small part of an answer, not the answer; CHAPTER 7 Are we running out of fossil fuels?; The peak oil hypothesis; Much of the earth's crust remains unexplored; There are lots of unconventional resources; More can be extracted from existing wells; The demand side; Political constraints; The superabundance of coal; Oil and gas are substitutes; The price of fossil fuels; A world of abundance.
  • CHAPTER 8 A credible international agreement?The prisoner's dilemma: why agreement is so difficult; Kyoto and its free- riders; Copenhagen collapse; Reality bites at Durban; No realistic prospect of an international binding and effective agreement for years to come; PART THREE What should be done?; CHAPTER 9 Fixing the carbon price; The economic approach; Market design and the price of carbon; The European Union Emissions Trading Scheme; At what level should the carbon price be set?; On what should the price be set
  • carbon production or carbon consumption?
  • The role of border taxes and border carbon adjustmentsThe impact of border taxes on globalizing the carbon price; CHAPTER 10 Making the transition; The advantages of gas; The environmental costs of gas
  • especially shale gas; From coal to gas; Gas, CCS and the long run; The gas option at the global level; A dash- for- gas and its consequences; The obstacles to a rapid gas-for-coal strategy; CHAPTER 11 Investing in new technologies; Improving existing technologies; Convergence of communications and energy technologies; Storage and batteries; Electrification of transport.