Note — Aug 26, 2018

Fossil Fuel Supply: Why It’s Time to Think Seriously About Cutting It Off

Two ideas I hadn’t hear of; the specificity of restrictive supply-side (RSS) climate policies and mapping all possible policies in quadrants. David Roberts at Vox takes an enlightening look at a paper by Fergus Green and Richard Denniss, explaining the advantages of RSS measures. My big question would be how this works when high fossil fuel consumption is in some countries but extracted in a different set of countries. If the EU wants to use RSS policies, how do they restrict production in the UAE or US??

By contrast, RSS policies target a relatively small number of sources, rely on data that is already gathered for other purposes, and by definition cover all downstream consumers. They are much easier to verify, which makes them politically potent both domestically and internationally (see below). […]

[E]nables proposals to be framed in ways that are more resonant with voters and more resilient to counter-attack by opposing interest groups; facilitates alliance-building among diverse groups with wide-ranging concerns about fossil fuels; and facilitates network-building among groups at different advocacy- and policy-relevant scales. […]

Since the Paris Agreement’s success is predicated on states’ gradual escalation of their commitments over time, commitments to implement supply-side policies offer major advantages as a ‘currency’ of international climate cooperation. […]