Energy Exchange

Transforming transportation in New Jersey

There is no summer slowdown for New Jersey. State lawmakers are working hard to meet the state’s clean energy goals. Shortly before releasing the state’s Draft Energy Master Plan, Gov. Phil Murphy introduced the New Jersey Partnership to Plug-In, a first-of-its-kind collaboration between the Board of Public Utilities, the Department of Environmental Protection (DEP) and the Economic Development Authority to build the necessary infrastructure to support electric vehicle ownership statewide, cut pollution and clean up the air.

As one of five states in the U.S. requiring 50% of its power be sourced from renewables by 2030 and to reach 100% clean energy by 2050, New Jersey is moving on a path toward decarbonization, reducing its reliance on fossil fuels, to meet its aggressive climate goals, and to contribute to the nationwide – if not global – task of avoiding the worst consequences of climate change. But decarbonizing the power sector isn’t enough.

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Posted in Air Quality, Clean Energy, Electric Vehicles, New Jersey / Comments are closed

New Permian data show how worst offenders prevent progress on flaring

Texas’ Permian Basin isn’t just the site of the world’s biggest oil boom. It’s also the source of one of the country’s most unnecessary wastes of energy and associated air pollution. The burning off (flaring) and intentional release (venting) of natural gas has proven to be a black eye Permian producers can’t shake. A previous EDF analysis of 2014-2015 data found that operators in the Permian Basin flared and wasted more than 45 Bcf of natural gas in 2015 alone, enough to serve all 400,000 households in Texas Permian counties for two and a half years.

Production since then has boomed, and the Permian’s flaring problem has too. The burning off of associated gas is predicted to only get worse through 2019, and analysts predict the entire Permian Basin could flare as much as 1 Bcf a day in the coming year. That’s nearly four times the amount of gas produced by the Gulf of Mexico’s most productive gas facility.

EDF has recently analyzed the 2018 flaring data released by the Railroad Commission of Texas, the state’s oil and gas regulator, and beyond illustrating the scale of the problem – operators burned enough gas to serve all the heating and cooking needs of the state’s seven largest cities – the numbers tell us two main things:

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Posted in General / Comments are closed

New analysis shows golden opportunity for New Mexico to dramatically reduce oil and gas methane pollution

By Jon Goldstein and Hillary Hull

A new EDF analysis reveals that, over the next five years, New Mexico policymakers have the opportunity to eliminate up to 60% of methane emissions stemming from the oil and gas industry by implementing a suite of nationally leading controls.

Methane is a potent climate pollutant and the main ingredient in natural gas. Methane that escapes from oil and gas facilities is damaging to the climate and the state’s economy.

Our analysis finds that by implementing leading practices for methane capture, New Mexico can make a serious dent in its headline-making pollution problem, save more than $5 billion worth of natural gas and add more than $730 million to the state budget over the next decade. These measures will protect children’s health and improve education funding for the next generation of New Mexicans.

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Posted in Air Quality, Methane, New Mexico / Comments are closed

Can fossil fuel companies find a place in a climate-friendly world?

We have to transform our energy system to avert the worst impacts of climate change. And if oil and gas companies want a place in that future, they must transform themselves—or else be consigned to history. Is it realistic to think fossil fuel companies could be part of the solution? Plenty of reasonable people say no, but I think constructive engagement with some in the industry can speed the transition. A few companies have taken meaningful steps in the right direction. To secure a place in the future, however, they need to think bigger and move faster.

The challenge is urgent and stark: The world’s economy needs to reach net-zero greenhouse emissions early in the second half of the century to achieve what science says is necessary. Net-zero means putting no more carbon into the atmosphere than we can take out. To hit this ambitious global goal, Europe, the U.S. and other advanced economies must get to net-zero, 100% clean economies by 2050.

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Posted in Methane, Methane regulatons / Comments are closed

FirstEnergy’s bailout campaign is filled with all kinds of wrong. Please let a failed HB 6 be the end of it.

Since it was first filed in the Ohio legislature, HB 6 has been pitched as a necessary savior for a struggling Ohio utility and employer. FirstEnergy Solutions’ nuclear plants are losing money, the sales pitch goes, and the publicly-traded company needs $150 million a year by June 30 or it will shut down the plants and Ohio will lose 4,000 jobs.

Let me suggest that everything about this is wrong.

The June 30 deadline was wrong

We know now that the June 30 deadline was wrong because, well, it’s after June 30. When the deadline passed, FirstEnergy told reporters that it will proceed with taking steps to shut down the plants, but it can reverse course at a later date. Perhaps FirstEnergy’s leadership knew it was a false deadline, like the many other times the company cried wolf.

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Posted in FirstEnergy, Ohio / Comments are closed

The FirstEnergy bailout bill benefits out-of-state executives and investors, not Ohioans

FirstEnergy and its supportive legislators have tied themselves in knots to sell their bailout bill (HB 6), a $1.4 billion money grab by a publicly traded company and its speculative, out-of-state investors that made a bad bet on a declining business.

They’ve been lying to Ohioans, claiming that HB 6 is a panacea that will clean the air, preserve local jobs and keep the lights on across Ohio. But it isn’t about any of that. And it’s barely about Ohio. Ohioans deserve to know the truth, and the legislature should reject this dishonest bill.

FirstEnergy claims it needs $150 to $190 million a year from Ohioans to keep two old nuclear plants online. And this would be the fifth time Ohioans will have paid for these plants. They first paid when the plants were built. They paid again in 1999 when the electricity market was restructured. They paid again when companies were allowed to add plants back into their supply plans in 2008. And finally, they’ve paid via the bailout ruling approved by the Public Utilities Commission of Ohio in 2016.

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Posted in Clean Energy, Ohio / Comments are closed