Making the global transport system sustainable will be hard – but there are plenty of compelling reasons that demand action.
This article originally appeared in Blue & Green Tomorrow’s Guide to Sustainable Transport 2014.
According to the latest estimates, a record high of 36 billion tonnes of carbon dioxide were emitted by the burning of fossil fuels in 2013. This represents a 2.1% increase from 2012 and a 61% increase since the 1990 benchmark.
The Intergovernmental Panel on Climate Change’s (IPCC) stark warning says that carbon emissions must be cut by 50% from 1990 levels in order to have just a two out of three chance of keeping average temperature increases below 2C compared to pre-industrial times, or 1.2C above today’s level. If current trends continue, warming could even exceed 4C by the end of the century.
Corinne Le Quéré is director of the Tyndall Centre for Climate Change Research, based at the University of East Anglia. She says staying under this 2C target is essential if we are to avoid crossing a number of “tipping points” that could set devastating processes in motion.
She explains, “Because we have observed 2C of warming in the geological past, we can reconstruct what happened and we can see that the Earth has been kind of self-regulating, so there’s not been anything that you could say is overly dangerous for the human species at 2C or below. This is not to say that the changes were not large, they were very large – even adapting to 2C would be a big task – but beyond 2C then it becomes an area that we don’t know what is going to happen to much of an extent.”
The first tipping point likely to be crossed is the complete melting of Arctic sea ice – something that would occur shortly after, or possibly even before, the 2C threshold was passed. The second would be the melting of the Greenland ice sheet, which, if it were to disappear completely, could increase global sea levels by a staggering seven metres.
Other impacts could include the increasing frequency of extreme weather, rapid changes in vegetation, resource scarcity and the devastation of agriculture. The result could be a world that we barely recognise, at great human and economic cost.
“With now just over 7 billion people on the planet, going up to 9 billion in a few decades, you need to have a relatively stable climate to feed these people and make sure everyone can get the level of wealth we get now”, Le Quéré says.
Such catastrophes would affect all of us, but not evenly. Overwhelming, those who suffer the most from climate change will be those who contribute the least to it; people in poorer nations that are less able to defend their citizens, many of whom will have never even set foot on a plane, for instance.
“Overall, people do not realise how quickly the emissions actually have to decrease”, Le Quéré adds. “We are talking about decreases of 3% per year in global CO2 per year, while they are currently increasing by 2% per year. It’s a U-turn we have to make.”
Transport, in all its forms, accounts for about one-quarter of global CO2 emissions. In wealthy, industrialised countries like the UK, it can account for as much as a third. The inevitable growth of transport elsewhere, driven by a rapidly emerging middle class in many developing economies, means increased global emissions are almost a certainty.
If we keep driving our gas-guzzling cars to the supermarket and boarding commercial jets to far-flung places, then we can recycle all the carrier bags, build all the wind farms and buy all the Fairtrade coffee we want – it may well make no difference. If we are to effectively decarbonise our day-to-day lives, the way we travel must be one of the first things to change in our lifestyles.
“If we take even one long-haul flight per year, this may well be the biggest single source of all our personal emissions”, says Dan Calverly, a research associate at the Tyndall Centre who has specialised in transport and emissions budgets. Forgoing flying is one way we can reduce our own carbon footprints – but there are so many others.
Making a personal, concerted decision to change our behaviour is crucial in sustainability. We could probably all get the bus more often than we do, and of course, there is no mode of transport more sustainable than walking.
Away from our living habits, there are other ways we can use our influence. As investors, the possibilities are almost endless. Many sustainability-focused investment funds include sustainable transport as a key theme. They invest in areas from electric cars to companies enhancing fuel efficiency to burgeoning modes of transport that are often more suited to a science fiction film. They invest to help tackle the real problems that blight our transport infrastructure today.
Meanwhile, as voters, we can urge our elected politicians to take a more responsible path.
That’s not to say it’s going to be easy. But to paraphrase John F Kennedy, we should become sustainable as a society and a planet because it is hard. Calverly says, “The rates of reduction that we face in the wealthy, industrialised parts of the world are certainly very challenging, but remain feasible with the right combination of standards and regulation and investment in low-carbon energy.”
On transport specifically, Le Quéré is somewhat optimistic about the future. She says, “There’s a lot of potential for reducing emissions in transport. It’s one of the sectors where there’s a lot of potential because there’s several ways to do it – by fuel type, by the performance of the vehicles and by reducing the number of trips for instance.”
But there is more to sustainability than carbon dioxide and climate change. Assuming almost every single credible climate scientist, scientific organisation and world government was wrong, and the globe was in fact not warming – firstly, what a relief that we aren’t faced with civilisation’s biggest ever threat – the benefits of re-evaluating the ways we get around the planet are still significant.
Pollution from the burning of fossil fuels is bad for our health globally. It is unsustainable to fill the air we breathe and depend on with harmful gases, regardless of their impact on the climate. But fossil fuels are not just polluting; they’re finite. Oil and gas companies continue to spend large amounts of money finding harder to reach and dirtier reserves. As prices become increasingly volatile, the threat of a bursting ‘carbon bubble’ could spell economic disaster.
In our cities, so many of which are designed around road infrastructure, congestion frustrates motorists and further detriments our health. Exhaust fumes are carcinogenic and can increase the chances of heart failure, asthma and other risks. Not only that, there is lots of research to suggest the presence of greener spaces in urban areas improves mental wellbeing. Instead of a new road, build a park with cycle paths and benches.
Examples such as Copenhagen, Nantes and virtually anywhere in the Netherlands – where policies encourage cycling and the use of public transport – demonstrate the numerous health and aesthetic benefits of taking cars and lorries off the road. We don’t have to look far for a sustainable blueprint for our future cities.
As with many environmental issues, it is not difficult to find reasons to despair at our current unsustainable travel behaviour. But there are so many opportunities in sustainable transport and so many reasons to be optimistic. We can take heart from the examples made by some of brave, brilliant innovators, principled campaigners and keen business leaders featured in The Guide to Sustainable Transport 2014. But as drivers, passengers, holidaymakers, consumers, investors and voters, we all play a crucial part.
7 New Technologies That Could Radically Change Our Energy Consumption
Most of our focus on technological development to lessen our environmental impact has been focused on cleaner, more efficient methods of generating electricity. The cost of solar energy production, for example, is slated to fall more than 75 percent between 2010 and 2020.
This is a massive step forward, and it’s good that engineers and researchers are working for even more advancements in this area. But what about technologies that reduce the amount of energy we demand in the first place?
Though it doesn’t get as much attention in the press, we’re making tremendous progress in this area, too.
New Technologies to Watch
These are some of the top emerging technologies that have the power to reduce our energy demands:
- Self-driving cars. Self-driving cars are still in development, but they’re already being hailed as potential ways to eliminate a number of problems on the road, including the epidemic of distracted driving ironically driven by other new technologies. However, even autonomous vehicle proponents often miss the tremendous energy savings that self-driving cars could have on the world. With a fleet of autonomous vehicles at our beck and call, consumers will spend less time driving themselves and more time carpooling, dramatically reducing overall fuel consumption once it’s fully adopted.
- Magnetocaloric tech. The magnetocaloric effect isn’t exactly new—it was actually discovered in 1881—but it’s only recently being studied and applied to commercial appliances. Essentially, this technology relies on changing magnetic fields to produce a cooling effect, which could be used in refrigerators and air conditioners to significantly reduce the amount of electricity required.
- New types of insulation. Insulation is the best asset we have to keep our homes thermoregulated; they keep cold or warm air in (depending on the season) and keep warm or cold air out (again, depending on the season). New insulation technology has the power to improve this efficiency many times over, decreasing our need for heating and cooling entirely. For example, some new automated sealing technologies can seal gaps between 0.5 inches wide and the width of a human hair.
- Better lights. Fluorescent bulbs were a dramatic improvement over incandescent bulbs, and LEDs were a dramatic improvement over fluorescent bulbs—but the improvements may not end there. Scientists are currently researching even better types of light bulbs, and more efficient applications of LEDs while they’re at it.
- Better heat pumps. Heat pumps are built to transfer heat from one location to another, and can be used to efficiently manage temperatures—keeping homes warm while requiring less energy expenditure. For example, some heat pumps are built for residential heating and cooling, while others are being used to make more efficient appliances, like dryers.
- The internet of things. The internet of things and “smart” devices is another development that can significantly reduce our energy demands. For example, “smart” windows may be able to respond dynamically to changing light conditions to heat or cool the house more efficiently, and “smart” refrigerators may be able to respond dynamically to new conditions. There are several reasons for this improvement. First, smart devices automate things, so it’s easier to control your energy consumption. Second, they track your consumption patterns, so it’s easier to conceptualize your impact. Third, they’re often designed with efficiency in mind from the beginning, reducing energy demands, even without the high-tech interfaces.
- Machine learning. Machine learning and artificial intelligence (AI) technologies have the power to improve almost every other item on this list. By studying consumer patterns and recommending new strategies, or automatically controlling certain features, machine learning algorithms have the power to fundamentally change how we use energy in our homes and businesses.
Making the Investment
All technologies need time, money, and consumer acceptance to be developed. Fortunately, a growing number of consumers are becoming enthusiastic about finding new ways to reduce their energy consumption and overall environmental impact. As long as we keep making the investment, our tools to create cleaner energy and demand less energy in the first place should have a massive positive effect on our environment—and even our daily lives.
Responsible Energy Investments Could Solve Retirement Funding Crisis
Retiring baby-boomers are facing a retirement cliff, at the same time as mother nature unleashes her fury with devastating storms tied to the impact of global warming. There could be a unique solution to the challenges associated with climate change – investments in clean energy from retirement funds.
Financial savings play a very important role in everyone’s life and one must start planning for it as soon as possible. It’s shocking how quickly seniors can burn through their nest egg – leaving many wondering, “How long your retirement savings will last?”
Let’s take a closer look at how seniors can take baby steps on the path to retiring with dignity, while helping to clean up our environment.
Tip #1: Focus & Determination
Like in other work, it is very important to focus and be determined. If retirement is around the corner, then make sure to start putting some money away for retirement. No one can ever achieve anything without dedication and focus – whether it’s saving the planet, or saving for retirement.
Tip #2: Minimize Spending
One of the most important things that you need to do is to minimize your expenditures. Reducing consumption is good for the planet too!
Tip #3: Visualize Your Goal
You can achieve more if you have a clearly defined goal in life. This about how your money can be used to better the planet – imagine cleaner air, water and a healthier environment to leave to your grandchildren.
Investing in Clean Energy
One of the hottest and most popular industries for investment today is the energy market – the trading of energy commodities. Clean energy commodities are traded alongside dirty energy supplies. You might be surprised to learn that clean energy is becoming much more competitive.
With green biz becoming more popular, it is quickly becoming a powerful tool for diversified retirement investing.
The Future of Green Biz
As far as the future is concerned, energy businesses are going to continue getting bigger and better. There are many leading energy companies in the market that already have very high stock prices, yet people are continuing to investing in them.
Green initiatives are impacting every industry. Go Green campaigns are a PR staple of every modern brand. For the energy-sector in the US, solar energy investments are considered to be the most accessible form of clean energy investment. Though investing in any energy business comes with some risks, the demand for energy isn’t going anywhere.
In conclusion, if you want to start saving for your retirement, then clean energy stocks and commodity trading are some of the best options for wallets and the planet. Investing in clean energy products, like solar power, is a more long-term investment. It’s quite stable and comes with a significant profit margin. And it’s amazing for the planet!
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