In the climate emergency, our aim should be to maximise both the reduction of emissions and the drawing down of carbon dioxide already in the atmosphere. There is no safe level of global heating: every increment kills.
Maximisation is implicit in the Paris agreement
No, it’s to optimise.
Set off all the H Bombs tomorrow after lunch and we’ll have no human caused emissions by March. That would be maximisation. There would also be a certain cost to this. Thus we don;t want to maximise, do we? We want to optimise.
This means growing wood to burn in power stations, then capturing and burying the carbon emissions. It is likely to cause more harm than good. Could the committee’s enthusiasm have anything to do with the fact that one of its members works for Drax, the energy company pioneering this disastrous technology? Throughout the report, business appears to come first; nature and climate last.
Which is why we shouldn’t use bureaucracy or markets to do the optimising. Just reset prices and let the market chew through it.