Wednesday, April 11, 2012

Buy coal? New analysis shows purchasing fossil fuel deposits best way to fight climate change

http://phys.org/news/2012-04-coal-analysis-fossil-fuel-deposits.html
The new study, "Buy Coal! A Case for Supply-Side Environmental Policy," suggests that the single best policy for a multi-national climate coalition is to purchase the extraction rights of dirty fossil fuels in non-participating countries (also called "third countries"), and then conserve rather than exploit the deposits. According to the study's author, Bard Harstad, this would be a radical departure from the traditional view that focuses on reducing the demand for fuel.

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