The major premise of the International Monetary Fund’s carbon tax proposal is the concept of social cost. According to the IMF, fossil-fuel consumers do not pay for all the harm they do to public health and the environment. Hence, the IMF reasons, fossil energy is under-priced, society consumes too much of it, and corrective (“Pigouvian”) taxes are needed to achieve “efficient” energy markets.

The IMF acknowledges that social cost of carbon (SCC) “estimates in the literature have varied considerably, ranging from $12 per ton (Nordhaus, 2011) to $85 per ton (Stern, 2006).” The IMF’s “estimates assume damages from global warming of $25 per ton of CO2 emissions, following the United States Interagency Working Group on Social Cost of Carbon (2010), an extensive and widely reviewed study.”

Actually, the Interagency Working Group recommends that agencies use four SCC estimates to calculate the per-ton benefits of CO2 reductions: $5, $21, $35, and $65.…

“It’s high time that people’s safety – and truly devastating impacts on important bird and bat species – stopped taking a back seat to political agendas, crony corporatism, and folklore environmentalism.”

Georgia residents recently learned that a rare bat has stalled state highway improvements. The May 2012 sighting of an endangered Indiana brown bat in a northern Georgia tree has triggered federal regulations requiring that state road projects not “harm, kill or harass” bats.

Even the possibility of disturbing bats or their habitats would violate the act, the feds say. Therefore, $460 million in Georgia road projects have been delayed for up to eighteen months, so that “appropriate studies” can be conducted. The studies will cost $80,000 to $120,000 per project, bringing the total for all 104 road project analyses to $8–12 million, with delays adding millions more.…

Renewable energy wind turbines as electricity sources possess extreme environmental problems not found in their renewable energy rival–solar photovoltaic. These problems are due to rotation of 130-foot or more long, thirteen-ton turbine blades with tip speeds of 200 miles per hour.

“An unavoidable problem of wind turbines is killing flying creatures.  The Committee For A Constructive Tomorrow (CFACT) produced a video “Eagle lawsuit ruffles wind industry feathers”.  The video records a bird apparently being killed by a wind turbine. It appears the bird went back for a second look at the turbine and a blade struck the fatal blow. Possibly the bird thought the turbine was a bigger bird.”

A companion article published March 19, 2013, by CFACT is “Wind turbines kill up to 39 million birds a year” by wildlife expert Jim Wiegand.…

The Alliance for Wise Energy Decisions (AWED) is an informal coalition of individuals and organizations interested in improving national, state, and local energy & environmental policies. Our basic position is that technical matters like these should be addressed by using Real Science.

Instead of a science-based approach, our energy and environmental policies are typically written by those who stand to economically or politically profit from them. As a result, anything genuinely science-based in these policies is usually inadvertent and accidental.

A key element of AWED’s efforts is public education. To this end, every three weeks or so a newsletter is put together to balance what is found in the mainstream media about energy and environmental matters. We very much appreciate MasterResource for its assistance in publishing this information (for the two most recent reports, see here and here).…