Why it’s time to rethink electricity market design to ensure a clean and equitable energy future
This post was originally published on the Law and Political Economy blog. The global energy price shocks of the past two years have made it painfully clear that energy cannot be treated as an ordinary commodity and that many governments have been insufficiently attentive to energy security. Given its dependence on Russian gas, the EU has …CONTINUE READING
In climate policy, delay is deadly.
There are a lot of complaints about the very real flaws in the Inflation Reduction Act, tied with arguments that we should wait until we can do something better. In climate policy, however, waiting is dangerous. We’ve already delayed far too long. Further delay means having to cut emission much more rapidly to make up …CONTINUE READING
Australia’s election signals a welcome change in climate policy.
Australia has had a change of government. The Liberal Party — conservative in everything but name — lost control of the federal government to Labor. Australia was recently ranked last out of sixty countries in climate policy.The victorious Labor candidate told his supporters, “Together we can end the climate wars. Together we can take advantage of …CONTINUE READING
A FERC ruling tilts the playing field against renewable energy. It should be repealed.
In 2018, the Federal Energy Regulatory Commission (FERC) decided that state clean energy policies were distorting energy markets operated by PJM, the country’s largest grid region. That, at least, was the view of the Commissioners who were appointed by Republican presidents. PJM, which runs the electricity grid more or less from Chicago to Maryland, has …CONTINUE READING
Use of coal is dwindling across the country, but very unevenly. We need to give it a good shove.
The NY Times ran a story last week about a coal area in Wyoming that is embracing renewable energy as its economic future. Residents of Carbon County, WY, aren’t necessarily happy about it but they recognize that the times are changing. As one county commissioner said, “You can stand at the tracks when the train …CONTINUE READING
Maximizing the Environmental Utility of Battery Storage: Building a Life Cycle Assessment Framework
Battery energy storage is recognized as a key element of making our energy infrastructure more sustainable and resilient. Battery storage, however, encompasses many technologies–how should sustainability-minded agencies, utilities and storage developers choose among these options? UCLA’s Emmett Institute and the UCLA Institute of the Environment and Sustainability is hosting an interactive workshop on that question …CONTINUE READING
Despite Trump’s efforts to save it, the most environmentally destructive fuel is fading quickly.
In the 2016 election, Trump pledged to save coal. Since then, his Administration has pulled out all the stops in this effort, including repeal of dozens of environmental regulations. All for naught. In 2021, U.S. coal use will be 30% below what it is when Trump took office. Coal’s immediate situation is even worse, due …CONTINUE READING
It’s hard to estimate benefits. But it turns out costs are also uncertain.
It’s common knowledge— at least, among people who follow these things — that it is hard to estimate the benefits of a proposed climate policy. But it’s actually quite difficult to estimate the costs as well. There are three major problems in estimating the benefits of a proposed climate policy. First, it’s hard to estimate …CONTINUE READING
Here’s what a new President could actually do.
What options are available to a new President taking office in 2021? Let’s assume a favorable scenario for climate action in which Dems take unified control of the government (White House, Senate, House) in 2021. What then? The first theme to keep in mind is that the Democrats will still be subject to some significant …CONTINUE READING
Asking judges to pass judgment on all U.S. energy policy was a bridge too far.
The Ninth Circuit threw out the Juliana litigation this morning. The two judges in the majority basically said, legalistic language, that you can’t get the Green New Deal by court order. It was wrong for the Supreme Court to step in at the last minute to put the trial on hold, rather than giving the …CONTINUE READING