Energy
Being Lindsey Graham
I posted over the weekend about Lindsey Graham’s about-face on the climate bill. The Washington Post has a more sympathetic view, which I thought I should report out of fairness: And this is why Graham is angry: He’s taken a huge risk to be the lone Republican on climate change. Patrick Creighton, a flack for …
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CONTINUE READINGFuture Energy Scenarios
In a recent post, I discussed projections of future oil prices. There are big uncertainties, which obviously pose challenges for major oil companies among others. The approach that Shell takes to such uncertainties is instructive. Shell has a long history of using scenarios as a planning tool. An important recent example is its analysis of …
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CONTINUE READINGPopular Support for “Cap and Dividend”
According to a poll by Public Opinion Strategies, there seems to be strong public support for cap and dividend, at least if the question is framed positively. Here is the question along with some key results: “Some Democratic and Republican Senators have proposed an overhaul to America’s energy system. The goal is to reduce pollution, …
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CONTINUE READINGFuture Oil Prices
The Energy Information Agency at DOE has some really interesting projections of future oil use and prices. According to the EIA, in their baseline scenario, “the price of light sweet crude oil in the United States (in real 2007 dollars) rises from $61 per barrel in 2009 to $110 per barrel in 2015 and $130 …
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CONTINUE READINGIs Solar Power a Greyer Shade of Green?
Talk about green power is often colorblind, minimizing the darker side of the technologies. Land use and ecological concerns are sometimes raised about wind and solar, but we don’t often hear about the toxics and occupational health issues raised by these renewable energy sources. In 2009, the Silicon Valley Toxics Coalition issued its a report–Toward …
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CONTINUE READING…and another thing about electric rates and the environment…
Last week, I wrote about how a proposal to change the design of residential electric rates might get in the way of efforts to encourage energy efficiency. Sushil Jacob, a keen-eyed student in my Energy Regulation and the Environment class, points to another potential problem. PG&E, the largest utility providing service in California, wants …
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CONTINUE READINGObama, Offshore Drilling, and Aikido
Concerning Obama’s new offshore drilling policv, it’s hard to disagree with the sentiment expressed by Matt Yglesias, Steve Benen, and Kevin Drum: why give a concession without getting anything in return? House Minority Leader John Boehner responded with a typically reality- and lithium-deprived statement. saying that “the Obama Administration continues to defy the will of …
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CONTINUE READINGTo Save the Planet…Drill of For Oil?
In his State of the Union address this past January, President Obama found a way to equate greenhouse gas reduction and clean energy jobs with an increase in offshore drilling. If he were to agree to more offshore leases, perhaps reticent members of Congress would support the kind of energy legislation needed to address climate …
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CONTINUE READINGDoes anybody really know what electricity costs? Does anybody really care?
Just about everything that energy utilities and their regulators do has some kind of impact on the environment – even when all they are doing is setting electricity rates. So, when PG&E (California’s largest electric company) proposed a new residential rate structure last week, some were left wondering: as far as the environment is concerned, …
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CONTINUE READINGGiving the Coal Industry the Byrd
Senator Byrd (D-W. Va.) has long by a mainstay of the coal industry. Actually, you could add the phrase “has long been” to almost any sentence about Byrd — he’s been around for a heck of a long time. After all, he’s served longer than any member of Congress in history. You might expect him …
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