A lecture to the Heritage Foundation on the problems with current environmental initiatives

1. Energy: Climate, Stimulus and National Security Iain Murray Heritage Resource Bank Los Angeles, CA April 23, 2009

3. Domestic Energy Demand to 2030

4. Global Energy Demand to 2030

5. Drill Baby Drill Removed Barriers

13. Massive Effort Needed to Meet Emissions Goals Source: Clarke, L. et al. 2006. Climate Change Mitigation: An Analysis of Advanced Technology Scenarios . Richland, WA: Pacific Northwest National Laboratory. Cumulative global emissions reductions ranging from about 1,100 to 3,700 gigatons of CO 2 equivalent would be need over the course of the century to meet a range of atmospheric concentration goals (450 to 750 ppm). 1st GtC Avoided CO 2 Emissions (GtCO 2 /yr) Cumulative Emissions Cumulative Avoided Emissions Unconstrained Emissions Scenario CO 2 Stabilization Scenario ≈ 1,100 to 3,700 gigatons of cumulative CO 2 emission reductions will be needed to meet a range of stabilization scenarios (≈750 ppm to 450 ppm). Time 0

14. How Big is One Gigaton* of CO 2 ? *Gigaton = 10 9 Metric Tons Install 1,000 sequestration sites like Norway’s Sleipner project (1 MtCO2/year)—Only 3 sequestration projects of this scale exist today. Geologic Sequestration Build 273 “zero-emission” 500 MW coal-fired power plants—Equivalent to about 7% of current global installed coal-fired generating capacity of 2 million MW. Coal-Fired Power Plants Convert a barren area of about 4,800,000 km 2 —Equivalent to about 2 times the size of the United Kingdom. Biomass Fuels from Plantations Install capacity to produce 273 times the current global solar PV generation instead of new coal-fired power plants without CCS. Solar Photovoltaics Actions that Provide One Gigaton CO 2 / Year of Mitigation or Offsets Technology Convert a barren area of about 900,000 km 2 —Equivalent to more that the size of Germany and France combined. CO 2 Storage in New Forest Install capacity to produce 14 times the current global wind generation capacity (about 74 GW) instead of new coal-fired power plants without CCS—Equivalent to more than 1 million 1 MW wind turbines. Wind Energy Deploy 273 million new cars at 40 miles per gallon (mpg) instead of 20 mpg (or at 14 km/L instead of 7 km/L). Efficiency Build 136 new nuclear power plants of 1 GW each instead of new coal-fired power plants without CCS—Equivalent to about one third of existing worldwide nuclear capacity of 375 GW. Nuclear

15. 2050 Reference Emissions Annex I Countries Non-Annex I Countries Annex I Emissions at 20% 2000 Emissions Annex I Emissions at 50% 2000 Emissions -100% -84% -59% -62% -71% -85% 1 Measured as MMTCO 2 per million people, excluding LULUCF. 2 50% of 2000 global CO 2 emissions equals 12.3 Gt. 3 Equals reduction from 2050 reference for that group ( i.e ., Annex I or Non-Annex I). Source: Climate Change Science Program . 2007. Scenarios of Greenhouse Gas Emissions and Atmospheric Concentrations (MINICAM Model results). Annex I Emissions at “0” To Achieve a 50% Reduction in Global CO 2 Emissions by 2050, Per Capita Emissions from Developing Countries Must Go Down Percent Reductions from 2050 Reference 3 2000 Annex I Reference Emissions/ Capita (12.7) 2000 Non-Annex I Reference Emissions/ Capita (4.4) 2050 Annex I Emissions/ Capita (0) 2050 Non-Annex I Emissions/ Capita (1.7) 2050 Annex I Emissions/ Capita (2.1) 2050 Non-Annex I Emissions/ Capita (1.3) 2050 Annex I Emissions/ Capita (5.2) 2050 Non-Annex I Emissions/ Capita (0.7) CO 2 , Emissions per Capita (MMTCO2 per million pop.) 2000 2000

16. How Do We Respond? We Need to Re-legitimize Energy

17. Human Achievement Hour

19. For More Information Competitive Enterprise Institute GlobalWarming.org Institute for Energy Research MasterResource Blog Planet Gore Blog on National Review Online

20. Extra Slides Follow

21. Scale of Changes in Transport Sector Source: International Energy Agency, Energy Technology Perspectives 2008, Scenarios and Strategies to 2050 .

23. Environmental Disaster of Biofuels Land Use Scenario ≈ 550 ppmv Source: Global Energy Technology Strategy, Addressing Climate Change: Phase 2 Findings from an International Public-Private Sponsored Research Program , Battelle Memorial Institute, 2007. Land Use Scenario with 0.5% annual agricultural activity growth. By 2050, land use required for bioenergy crops may account for approximately 4 to 5% of total land use; by 2095 approximately 20%.