Energy
Good News from “Down Under”
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 …
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CONTINUE READINGBadly Drafted and Constitutionally Suspect
New laws blacklist “discrimination” against fossil fuel companies in states that normally could care less about discrimination of any kind.
Texas and a number of other states have passed laws banning what they call “boycotts of fossil fuel companies.” More precisely, they ban state investment or contracting with firms that “boycott” fossil fuel companies. Besides being fundamentally misguided and difficult to implement, these blacklist laws are poorly drafted and quite likely unconstitutional. The “fundamentally misguided” …
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CONTINUE READINGMexico y el Cambio Climático
There is much to celebrate today. But Mexican climate policy may not be one of them.
This being Cinco de Mayo, it seems like an appropriate time for a look at Mexico’s climate challenges. Mexico’s carbon emissions are about the same as those of Texas, the highest-emitting US state. Per capita emissions, however, are far lower, given Mexico’s much larger population. Mexico is also highly vulnerable to climate change. What’s the …
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CONTINUE READINGWhy Energy Conservation Will Remain Crucial
Even after switching to clean power, we’ll still need to limit energy use.
If we switch to renewables, we won’t need to worry about saving energy. Right? Wrong! One reason to save energy is to limit carbon emissions from the energy we use. That’s going to important until the energy system has been completely cleaned up. But energy conservation is important for reasons that go beyond the direct …
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CONTINUE READINGRegan Hits His Stride
Under Administrator Michael Regan, the Biden EPA is beginning to churn out important new regulatory proposals.
The Trump Administration left a trail of regulatory destruction behind it. Cleaning up the mess and issuing new regulations is Priority #1 for the Biden Administration. Under EPA head Michael Regan, the effort is beginning to pick up steam. EPA has begun the year with several major new regulatory efforts. No one of them is …
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CONTINUE READINGWhy Are Big Utilities Planning to Cut Carbon?
The top ten utilities have set goals for emissions reduction. It’s less clear what’s driving them.
As my post on Monday indicated, the top ten utilities have all announced plans for cutting carbon in the next several decades. Some of these utilities, like PG&E or ConEd, operate in states that have ambitious climate policies. It’s easy to see why utilities in New York or California would be setting their own targets. …
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CONTINUE READINGEmissions by the Big Utilities: Where They Are, What They’re Aiming For
Almost all the top ten utilities are big emitters today but looking to cut back.
There’s a lot of discussion of how the private sector is supporting renewable energy, but it’s almost all about power consumers like Apple and Walmart. But what about the companies who are selling the power? As a first step to getting a better sense of where the utility industry is going, we accumulated some basic …
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CONTINUE READINGWashington State Steps Up
A new law is the latest sign that the future is electrical, not oil.
On the weekend weekend, Governor Jay Inslee signed a major transportation bill. The most dramatic feature of the bill is that it will mostly ban new gas cars in Washington as of 2030. That puts Washington ahead of California, Massachusetts and New York, as well as Canada and Japan. Washington’s deadline is tied with Israel, …
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CONTINUE READING(Mis)Estimating Regulatory Costs
EPA’s cost estimate for its mercury rule was way, way off.
In describing cost-benefit analysis to students, I’ve often told them that the “cost” side of the equation is pretty simple. And it does seem simple: just get some engineers to figure out how industry can comply and run some spreadsheets of the costs. But this seemingly simple calculation turns out to be riddled with uncertainties, …
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CONTINUE READINGPipelines, Emissions and FERC
From now on, carbon emissions from new pipelines will be one of FERC’s key concerns.
On Friday there were two seismic shocks in the world of gas pipeline regulation. FERC has spent years resisting pressure to change the way it licenses new gas pipelines. A whole point of a natural gas pipeline is to deliver the gas to users who will burn it, thereby releasing CO2 into the atmosphere. FERC …
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