Energy
India Puts US Climate Policy to Shame
While US policymakers — particularly Republicans and those in coal states — are busy complaining about developing countries not capping their carbon emissions, New Delhi is busy actually doing something about climate change. Two weeks ago, India instituted a tax on coal, instituting a form of carbon tax that talented advocates (such as the good …
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CONTINUE READINGUtilities-Only Carbon Cap
The proposed utilities-only cap-and-trade system could be a step in the right direction, although it’s far from ideal.
CONTINUE READINGBreaking News: Jerry Brown Sues FHFA and Fannie & Freddie over PACE
As I suspected, we’ve got a lawsuit over the Federal Housing Finance Administration (FHFA) and Fannie Mae and Freddie Mac’s position on Property Assessed Clean Energy (PACE). (Background on PACE and the controversy here.) California Attorney General Jerry Brown announced today that his agency is suing these entities in federal court over their unwillingness to …
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CONTINUE READINGTravel Is Broadening–2010 Edition
Having just returned from a trip to Northern Europe, a couple of experiences resonate with me that, I hope, are worthy of sharing here. The first relates to the Deepwater Horizon oil spill, British Petroleum, and the distinct ways in which BP’s role and responsibility for the spill are viewed, depending on one’s geographical roots. …
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CONTINUE READINGStay denied in appeal of offshore moratorium decision
Cross-posted at CPRBlog. A three-judge panel of the Fifth Circuit heard argument today on the Obama administration’s request that it stay the District Court’s injunction of the 6-month deepwater oil development moratorium, and by a 2-1 vote quickly rejected the request. The moratorium halted any new drilling, and the granting of any new permits for …
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CONTINUE READINGFHFA strangles PACE clean energy financing program
Yesterday, the Federal Housing Finance Administration, the agency that regulates bankrupt mortgage insurers Fannie Mae and Freddie Mac, issued a letter effectively destroying the promising energy efficiency and renewable energy financing program called Property Assessed Clean Energy (PACE). I blogged about Fannie and Freddie’s lender letters on the PACE program a few weeks ago. PACE …
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CONTINUE READINGAnother information gap in the Gulf
As the Washington Post points out today, BP’s Regional Oil Spill Response Plan (large file) for the Gulf of Mexico was, like the NEPA analysis and the ESA analysis, wildly over-optimistic. The Response Plan is more realistic than the NEPA documents with respect to the possibilities. It does include worst case scenarios (Appendix H). The …
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CONTINUE READINGOffshore drilling and endangered species — Part 2
Cross-posted at CPRBlog. Yesterday I wrote about the shortcomings of ESA consultation on the Deepwater Horizon and other offshore oil rigs. Today I take up the implications of the spill itself under the ESA. At least one ESA lawsuit has already been filed, and at least partially resolved. The Animal Welfare Institute, Center for Biological …
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CONTINUE READINGOffshore drilling and endangered species — Part 1
Cross-posted at CPRBlog The media have paid a lot of attention to the cavalier attitude of the former Minerals Management Service (now called the Bureau of Ocean Energy Management, Regulation, and Enforcement) toward the National Environmental Policy Act (I blogged about it here and here and Dan weighed in here). Less has been said, so …
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CONTINUE READINGClimate Kabuki in New Delhi — the Shock of Recognition
India’s Environment Minister Jairam Ramesh announced Monday that New Delhi will take the lead on establishing a global carbon budget at the Cancun climate talks. I think that this is good news, but probably not for the reasons we might initially suspect. We might think that it’s good news because it shows that India is taking …
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