Energy
A Sleeper Provision in the Senate Infrastructure Bill
The bill gives the Feds broad authority to authorize transmission projects.
We will need a much more robust transmission in coming years. Sources of renewable energy, such as Iowa wind farms, are often located far from the urban centers that need the power. Transmission also helps to deal with weather issues that may impact renewables: even if it’s too cloudy for solar in one state, the …
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CONTINUE READINGUnintended Consequences Create Challenges for Utility Regulators
Making sure that regulatory incentives do what the regulators intended.
In a new post, Dan Farber mentions performance-based regulation as a promising tool for encouraging energy utilities to be enthusiastic in supporting the transition to clean energy sources. There are a lot of people who agree with him. After all, traditional utility regulation tends to encourage the companies to overspend on infrastructure and under spend …
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CONTINUE READINGCarrots and Sticks for Utilities
Utilities control a lot of the power system. How can we get their support for the energy transition?
Investor-owned utilities supply almost three-quarters of U.S. electricity. With some notable exceptions, they’ve tended to drag their feet on the energy transition. In order to push the transition forward, we need to get them on board. This post will try to diagnose the problem and sketch some possible remedies. The proposed Clean Energy Standard is …
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CONTINUE READINGSpeaking Truth to Corporate Power
Decades ago, industry scientists fought to get their bosses to pay attention to climate change.
Decades ago, their own scientists told car companies and oil companies about climate change, information the companies chose to ignore. The scientists were voices crying out in the corporate wilderness. Sadly, they were ignored at the time, but companies are starting to pay the price for that in lawsuits. Those scientists advocated for the truth, …
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CONTINUE READINGOregon Takes a Big Step Forward
New climate legislation sets a high bar for other states.
On Wednesday, Oregon Governor Kate Brown signed a package of four clean energy bills. These bills move Oregon to the forefront of climate action. These laws ban new fossil fuel plants and set aggressive targets for the state’s two major utilities, requiring emission cuts of 80% by 2030, 90% by 2035 and 100% by 2040. …
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CONTINUE READINGPublic Opinion and the Limits of Climate Policy
There’s a simple reason why it’s so hard to take bold climate actions nationally.
Gallup has studied environmental attitudes in America for several decades. Their historical compilation is very revealing about our present political situation. It sheds light on why it’s been so hard to develop momentum for real change at the national level, and also about why there’s so much more of a push for change within the …
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CONTINUE READINGMajor International Climate Developments
China and the EU took important steps forward this week.
This week has seen some big climate moves on opposite sides of the world. The EU has proposed a major new climate plan. Meanwhile, China is ready to go live with its emissions trading system. The U.S. is at risk of being left behind. The EU’s proposal is impressive. The goal is to cut net …
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CONTINUE READINGCalculating the Extinction Cost of Carbon
Or, how many megatons do we need to cut to prevent one extinction?
Economists often talk about the social cost of carbon, which basically translates the harm done by a ton of CO2 into dollars. The dollar metric is less useful as applied to ecological impacts like species extinctions than impacts of humans. It may be better to skip the dollar conversion, and just ask how much a …
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CONTINUE READINGClimate News from Capitol Hill
There are small but hopeful signs of progress in overcoming legislative gridlock.
Over a decade ago, the Waxman-Markey carbon trading bill died in the Senate. President Obama then had to rely entirely on administrative actions to address climate change. Republicans united in a solid wall of violent opposition to climate action. There are some hopeful signs that things may not be quite so tough for President Biden. …
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CONTINUE READINGWhy I Was Wrong About Methane
I didn’t think cutting methane was a high priority. Now I do. Here’s why.
I didn’t use to think that eliminating methane emissions should be a priority. True, methane is a potent greenhouse gas. But it’s also a short-lived one, which only stays in the atmosphere for twenty years or so. In contrast, CO2 emissions cause warming for 2-3 centuries or more. So methane emissions seemed to be something …
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