what do we do about climate change? a simple three-step plan
DESCRIPTION
Venture Capitalist and author of Addicted to Energy, Elton Sherwin recommends three policy changes to reduce emissions, create jobs and lower atmospheric concentrations of CO2. The video of the presentation is on YouTube at: http://www.youtube.com/watch?v=7eyeGrSbFHMTRANSCRIPT
![Page 1: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/1.jpg)
Elton B. Sherwin Venture Capitalist Author of The Silicon Valley Way and Addicted to Energy
EUEC Conference
Phoenix January 30, 2012
These slides express the opinions of the author and have not been endorsed by any organization or government agency
What Do We Do About Climate Change? A Simple Three-step Plan
Muir & Riggs Glaciers, Alaska
![Page 2: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/2.jpg)
Despite Efficiency Gains And Stronger Regulation, The World’s Emissions Of Greenhouse Gases
Continue To Go Up
![Page 3: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/3.jpg)
Will Anything Reverse This Trend?
If we don’t do something,
We will melt the North Pole
Leave a different planet for our grandchildren
![Page 4: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/4.jpg)
One of Most Common Questions I Am Asked
What Should We Do About Climate Crisis?
What Should America Do About Energy Security?
Venture Capitalist and Author of Addicted to Energy
![Page 5: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/5.jpg)
• Written as letter of advice to a young governor
• Make over 70 policy recommendations
• No one wants a 70-point plan
![Page 6: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/6.jpg)
Here are the Big Three
Get these right
Protect planet
Protect our children
and their children
Grow our economy
![Page 7: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/7.jpg)
#1
Simple, Universal, Gradually Increasing Carbon Tax
![Page 8: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/8.jpg)
Gradually Increasing Carbon Tax
• Give most proceeds back to taxpayers
• Start with a modest pollution fee
• Gradually increase
![Page 9: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/9.jpg)
Big Economic Benefits
Shifts burden of taxation from labor to pollution
Good for American workers
![Page 10: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/10.jpg)
#2
Substitute Natural Gas
for Coal and Oil
![Page 11: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/11.jpg)
Convert Coal Fired Power Plants to Natural Gas
Cut CO2 emission in half
Dramatically reduce other polutants
![Page 12: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/12.jpg)
Use Natural Gas in Many More Vehicles
Natural Gas vs. Gasoline (US EPA):
• Reduces carbon monoxide emissions over 90%
• Reduces carbon dioxide emissions 25%
• Reduces nitrogen oxide emissions 35%-60%
• Emits fewer carcinogenic pollutants
![Page 13: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/13.jpg)
Natural Gas is Cheaper than Gasoline or Diesel
Professor Mark J. Perry
![Page 14: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/14.jpg)
Use Natural Gas In All Fleet Vehicles That “Overnight In Place.”
• Taxis
• Buses
• Local delivery trucks
• Service vehicles and vans
![Page 15: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/15.jpg)
Domestic Natural Gas Creates more jobs than importing oil from
Venezuela and Saudi Arabia
![Page 16: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/16.jpg)
#3
Benchmark and Disclose Energy Consumption of All Buildings
![Page 17: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/17.jpg)
Buildings Are Responsible for 35% of US CO2 Emissions
• Buildings are incredibly wasteful
• Most coal is burned to generate electricity that is wasted in buildings
![Page 18: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/18.jpg)
NY City and San Francisco Rating and Publishing ENERGY STAR Scores
So simple, so inexpensive, so easy
Law of the land
High = 100,
Low = 1 88 97
![Page 19: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/19.jpg)
Benchmarking Buildings Creates Jobs
• Local jobs
• Hard to “offshore” a building retrofit
97
![Page 20: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/20.jpg)
Well That Is It
A Three Point Plan in Three Minutes
![Page 21: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/21.jpg)
This Is What We Need To Do
• Cut foreign oil imports
• Cut trade deficit
• Protect the planet
• Protect our children and grandchildren
• Grow our economy
• Create good paying jobs
![Page 22: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/22.jpg)
Simple Plan
1. Tax Carbon
– Give most money back to taxpayers
2. Switch to Clean Burning Domestic Natural Gas
– Vehicles
– Power plants
3. Grade Buildings
– Disclose how they are performing
Image: flagwallpapers.com
![Page 23: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/23.jpg)
Should We Do More?
• Of course
• Read my book...
• I have a 70-point plan
These are the Big Three
![Page 24: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/24.jpg)
Sherwin Plan
Big Three
1. Tax Carbon
– Give most money back to taxpayers
2. Switch to Natural Gas
– Vehicles
– Power plants
3. Grade Buildings
– Publish the scores
Image: mj-services.com
![Page 25: What Do We Do About Climate Change? A Simple Three-step Plan](https://reader033.vdocuments.site/reader033/viewer/2022060108/554e2be4b4c90511778b55b3/html5/thumbnails/25.jpg)
Contact information Elton B. Sherwin
Sr. Managing Director Ridgewood Capital
540 Cowper St., Suite 201 Palo Alto, CA 94301
www.EltonSherwin.com
www.slideshare.net/EltonSherwin