Energy
Utah’s Stealth Climate Plan
Here’s some upbeat news. I bet you needed that.
Hardly anyone noticed at the time, but Utah enacted an important bill about climate change in 2018. Yes, Utah – where the GOP holds 78% of the legislature. How that happened, and what happened since, is a story worth telling. The bill itself did not impose any carbon restrictions. But it did call for “the …
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CONTINUE READINGBold But Realistic Climate Actions
Here’s what a new President could actually do.
What options are available to a new President taking office in 2021? Let’s assume a favorable scenario for climate action in which Dems take unified control of the government (White House, Senate, House) in 2021. What then? The first theme to keep in mind is that the Democrats will still be subject to some significant …
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CONTINUE READINGCharging Consumers for Imaginary Power Needs
FERC is distorting energy markets in the name of perfect competition.
Last year, the GOP majority on FERC decided that state clean energy policies were distorting energy markets in the country’s largest grid region. Because they provided incentives for power producers, FERC ruled, those policies should be considered subsidies. It directed grid operators to introduce new policies to counter those subsidies and halt the dreadful onslaught …
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CONTINUE READINGClimate Change and the Financial Industry
How is one of the world’s largest industries responding to climate change?
As of 2018, the U.S. financial industry contributed $1.5 trillion to GDP. How is the financial sector responding to climate change? The short answer is “slowly so far, but there are signs of progress.” For instance, just last Friday, the NY Times reported that European Central Bank began a strategy review with climate change on …
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CONTINUE READINGPricing Carbon: What Does It Actually Accomplish?
Pricing carbon may not work the way economists thought.
In theory, pricing carbon should incentivize emissions reductions. In reality, it is unclear to what extent that takes place unless the carbon price is very high. This is not to say that pricing carbon is useless, but the main benefits may take different forms. Basically, there are two ways of putting a price on carbon. …
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CONTINUE READINGLooking Ahead: Inauguration Day, 2021.
There are 3 plausible scenarios for the new balance of power.
Inauguration day is a year from today. What will the balance of power be then? The House doesn’t seem to be in play. Democrats have an uphill fight to win the Senate, so a GOP White House would probably mean a GOP Senate. That leaves three likely scenarios, with different implications for environmental law. Scenario …
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CONTINUE READINGJuliana and the Future of Climate Litigation
Asking judges to pass judgment on all U.S. energy policy was a bridge too far.
The Ninth Circuit threw out the Juliana litigation this morning. The two judges in the majority basically said, legalistic language, that you can’t get the Green New Deal by court order. It was wrong for the Supreme Court to step in at the last minute to put the trial on hold, rather than giving the …
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CONTINUE READINGWe Can’t Count on Cutting Greenhouse Gas Emissions to Prevent Dangerous Climate Change
Although reducing emissions remains essential, it is time to focus on additional responses
Last month, representatives of all countries gathered for their annual meeting to prevent climate change. Despite the motto “Time for Action,” the New York Times described it as “one of the worst outcomes in a quarter-century of climate negotiations.” Should we be surprised? Disappointed? Despairing? I believe that insufficient cuts in greenhouse gas emissions — …
CONTINUE READINGRevolt of the Captive Scientists
Trump’s Scientific Advisory Board Slams Proposed EPA Rules
Trump has appointed most of the members of EPA’s Scientific Advisory Board (SAB), many of them selected from industry. That effort to stack SAB in favor of deregulation apparently wasn’t a complete success. In draft reports issued this week, the SAB scathingly criticized those efforts and even went so far as to give a nod …
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CONTINUE READINGBright Spots of 2019 (Yes, there were some!)
A bad year in many ways, but with promising signs for the future.
It’s been a tumultuous and often grim year in terms of environmental protection. The Trump Administration continued its onslaught against environmental protection, completing major regulatory rollbacks. Nevertheless, there were some rays of sun through the darkening clouds. State Initiatives. Progress as the state level continued, as it has throughout the Trump Administration. New York State …
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