Mdia p3-06-carbon-cycle-150420

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MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-p3-06-CARBON-CYCLE-150420.odp Peter Burgess (c) All rights reserved MDIA CARBON CYCLE

Transcript of Mdia p3-06-carbon-cycle-150420

MULTI DIMENSION IMPACT ACCOUNTING

File: MDIA-p3-06-CARBON-CYCLE-150420.odp Peter Burgess (c) All rights reserved

MDIACARBON CYCLE

MULTI DIMENSION IMPACT ACCOUNTING

WORK-IN-PROGRESS.SLIDESET STILL IN DEVELOPMENT.UPDATES WILL BE POSTED OVER

THE NEXT SEVERAL WEEKS

CARBON … an enormously important scientific element.

… and a critical link between chemistry and biology

MULTI DIMENSION IMPACT ACCOUNTING

The burning of CARBON produces carbon dioxide, a colorless gas that changes the heat transfer properties of the atmosphere.

The chemical formula for carbon dioxide is CO2

CO2 is a Greenhouse Gas (GHG) … an important causal factor in global warming.

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The following slides show various depictions of the CO2 dimension of the CARBON CYCLE

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MULTI DIMENSION IMPACT ACCOUNTING

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EOPCARBON CYCLE

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EOPCARBON RESERVOIRS AND FLUXES

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EOPCARBON CYCLE – CARBON STORES

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EOPCARBON SINK

In addition to CARBON DIOXIDE, there is also METHANE.

CH4 is the chemical formula for methane

METHANE is a far more potent greenhouse gas (GHG) than CO2 by a factor of more than twenty.

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EOPMETHANE CYCLE

The industrial revolution has been enabled by fossil fuel energy based on CARBON.

Without energy, the modern quality of life we enjoy cannot exist.

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CONUNDRUM …

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How to have the energy we need to sustain and improve quality of life while also reducing the dangerous impact that GHGs are having on the atmosphere?

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We need technology to come to the rescue!

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Clean energy renewables: ● Wind● Solar● Hydro

MULTI DIMENSION IMPACT ACCOUNTING

Best practice for fossil fuels:● Carbon capture and sequestration technology

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EOPCARBON CAPTURE AND SEQUESTRATION

Best practice for fossil fuels:● Using algae to capture carbon

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EOPALGAE TO CAPTURE CARBON

Least cost power generation in money profit terms results in worst behavior relative to environment.

When carbon emissions are costed using a standard impact metric … the calculation will be different.

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1 metric ton of CO2 = 1 EDU

1 metric ton of CH4 = 27 EDUs

* EDU is an Environmental Degradation Unit

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At the moment we do not know the exchange rate that will apply between a unit of money value such as the US dollar and the EDU

This is not important at this stage. The first step is to have a single measure that works for all aspects of environmental degradation.

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Moving forward … Request for collaborationMoney is part of a complex socio-enviro-economic system. While it works … it does not work as well as it should, nor as well as it could. The work of MDIA is to enable this complex system to work better.

MDIA needs to be a team effort. Join in and help to make the world a better place. Please get in touch.

Peter Burgess … [email protected]

MULTI DIMENSION IMPACT ACCOUNTING