Energy
EPA to Release Proposed Rule for Existing Power Plants under Clean Air Act 111(d) that Cuts Carbon Emissions 30% from 2005 Levels by 2030
This rule represents one of the most significant actions ever taken by the United States to mitigate climate change
Major news outlets are reporting that the U.S. Environmental Protection Agency (EPA) will release on Monday a proposed rule for the regulation of existing power plants under Clean Air Act section 111(d) that would reduce carbon emissions from the electrical generating sector 30 percent from 2005 levels by 2030. This rule follows the recent release …
CONTINUE READINGObama’s Section 111d Plan Has Support From George H.W. Bush’s EPA General Counsel, Utility Executives
E. Donald Elliott calls EPA’s approach
When President Obama’s Environmental Protection Agency releases its Clean Air Act Section 111(d) regulations to control greenhouse gases emitted by the electricity sector on Monday, we can expect howls of protest from the usual suspects: Congressional Republicans, industry groups representing big coal interests, even some coal-state Democrats. But the Obama approach is already receiving praise …
CONTINUE READINGGuest Blogger Joel Eisen: D.C. Circuit Vacates FERC Smart Grid “Demand Response” Rule
Joel B. Eisen is Professor of Law and Austin Owen Research Fellow at University of Richmond School of Law. His scholarly work is available here. Last Friday (May 23), in Electric Power Supply Association v. FERC, a D.C. Circuit panel split 2-1 and vacated Order 745, a Federal Energy Regulatory Commission (FERC) rule designed to …
CONTINUE READINGObama’s Clean Air Act 111d Rules Are Legally Required, Not an End Run Around Congress
Massachusetts v. EPA triggered the President’s Action
On Monday, President Obama is expected to release proposed regulations to cut carbon emissions from existing power plants. Leaks to date suggest that the rules, which will cover 40 percent of total U.S. greenhouse gas emissions, will be ambitious and far-reaching, requiring cuts of approximately 20 percent from the electricity sector. We can already anticipate …
CONTINUE READINGFeds Downgrade Monterey Shale Oil Reserves by 95.6%
LA Times op-ed highlights increase in trains transporting oil into California
The U.S. Energy Information Administration (EIA) is reducing its previous estimate for technically recoverable oil in California’s Monterey Shale from 13.7 billion barrels of oil to just 600 million barrels of oil—a dramatic 95.6 percent reduction. Has the oil industry been chasing rainbows in search of illusive “black gold” Monterey oil? For years, the oil …
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CONTINUE READINGNot nonsensical at all
The main State Capitol columnist for the Sacramento Bee wrote a piece today on whether California should encourage or discourage additional oil development in the state. This has been a major debate politically, with Governor Brown resisting calls by many environmental groups to ban fracking. Brown has noted the potential economic benefits from tapping into …
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CONTINUE READINGEnding Corporate Welfare for Oil
“There Will Be Blood” was the title of 2007 movie about an old-time oilman. If you were doing a similar movie about the situation today, you might call it, “There Will Be Tax Write-Offs.” The taxpayers have been generous to the industry. Oil companies get about $5 billion per year in favored tax treatment. Mostly, …
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CONTINUE READINGRenewable Energy and Political Geography
The Washington Post had a story over the weekend about the concerted campaign by the fossil fuel industry to rollback state laws favoring renewable energy. This effort was also the subject of an editorial in the Sunday Times. So far, this effort hasn’t gained real legislative traction. The story attributes this failure to the growth …
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CONTINUE READINGFracking and the Environment
A new RFF report sheds light on the critical issues.
There are a lot of unanswered questions about natural gas and fracking. A recent report by Resources for the Future sheds light on some of the answers. RFF is unusual among Washington think tanks — an honest broker that uses expertise to try to answer hard questions. The report reaches three important conclusions. The first …
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CONTINUE READINGDoes Keystone Matter?
A recent analysis suggests that the pipeline could result in production of a billion extra barrels between now and 2030.
Many people who have studied the issue tell me that the Keystone XL issue is mostly symbolic, because the Alberta oil sands are going to be used one way or another. But I’m having some second thoughts because of arguments made (here) by Berkeley economist Max Aufhammer. He’s a pretty hard-headed analyst, not given to …
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