Energy
Making Corporate Commitments Credible
How can we make climate pledges something more than cheap talk?
Companies across many different economic sectors have announced ambitious goals like being climate neutral by 2050. Commitments on ESG – Environmental, Social, and Corporate Governance — are a growing corporate emphasis. Talk is cheap, however. How can we know they’re serious? How can we even be sure that the information they release about their environmental …
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CONTINUE READINGWashington State Ups Its Climate Game
After much travail, the state has finally put a price on carbon.
The Washington state legislature passed a historic climate change bill on April 24. The bill requires a 95% cut in carbon emissions by 2050. After much travail, the state has finally managed to put a price on carbon by adopting a cap-and-trade system. With the decision of additional states to join the east coast RGGI …
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CONTINUE READINGTime to End FERC’s Misguided Effort to Fix Wholesale Power Prices
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 It should be repealed.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 …
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CONTINUE READINGBiden and the Environment: The First 100 Days
Biden has set up a lot of future actions. But he’s already got some notches on his belt.
Tomorrow marks Biden’s first 100 days in office. He’s appointed a great climate team and is negotiating an infrastructure bill that focuses on climate change. With luck, those actions will produce major environmental gains down the road. There are also some solid gains in the form of actions that have already come to fruition. Here’s …
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CONTINUE READINGFive Myths About Climate Policy
Debate about climate policy is often distorted by misconceptions.
In this post, I want to talk about some of the ideas that make it hard to have sensible discussions about climate policy. I don’t mean outright climate denial. Instead, I’m talking about less blatant misconceptions that keep many people from thinking seriously about cutting carbon emissions. Myth #1. EPA climate rules are a regulatory …
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CONTINUE READINGGates on Climate
A guide to updating the global operating system.
The original Microsoft operating system was called QDOS, for Quick and Dirty Operating System. Bill Gates’s new book might well have been called “A Quick and Dirty Guide to Climate Policy.” The book, How to Avoid a Climate Disaster, provides a concise overview of climate policy, detailing the threat of the climate crisis and a …
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CONTINUE READINGCreating New Jobs in Coal Country and the Oil Patch
How can we help carbon-dependent communities transition economically?
One of the goals of Biden’s clean energy and infrastructure proposals is to provide an economic boost to people who will otherwise lose out in the transition to a sustainable economy. He has similar plans for “environmental justice” communities. This is a great goal, but it may be more difficult than it seems. In a …
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CONTINUE READINGBiden’s Infrastructure Plan: FAQs
Yes, it’s a big deal. And yes, it’s politically dicey.
Biden has announced a $2 trillion infrastructure plan, with a heavy focus on climate-related investments. The plan is very complicated, and the news coverage hasn’t been all that helpful. Here are the key questions we should be asking about the plan, along with my best attempts to answer. Q: What’s in the plan? A: It’s …
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CONTINUE READINGDo regulators and utility managers have irreconcilable differences or mutual goals?
By Alida Cantor, Luke Sherman, Anita Milman, and Mike Kiparsky
Do regulators and utility managers have irreconcilable differences or mutual goals? By Alida Cantor, Luke Sherman, Anita Milman, and Mike Kiparsky. What do climate change, aging infrastructure, and urban population growth have in common? They all pose major challenges – especially for water infrastructure in the United States. And many utilities are having a …
CONTINUE READINGBiden’s Dilemma: Limiting Carbon from Existing Power Plants
It’s not that the policy choices are that hard. It’s the 6-3 Supreme Court.
Coal- and gas-fired power plants are a major source of U.S. carbon emissions. The Obama Administration devised a perfectly sensible, moderate policy to cut those emissions. The Trump Administration replaced it with a ridiculous token policy. The D.C. Circuit appeals court tossed that out. Now what? It wouldn’t be hard to redo the Obama policy …
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