By Daniel Roda-Stuart, Fellow
With oil and natural gas production, it’s not only the industry that benefits monetarily. Mineral rights holders (the people who actually own the oil and gas deep below the earth’s surface) benefit too. Depending on where you look in the United States, who owns these mineral rights varies. In many places those minerals are owned by individuals and in other situations it’s the federal or state government. In the Western U.S., it can often be Native American tribes that own the rights to these resources. And the revenue from the production of these tribal resources can be invaluable for funding education, health care, and other programs. So, what happens when faulty equipment and poor practices allow valuable natural gas to escape to the atmosphere before making it to the sales line? It can result in millions of dollars of lost royalty revenue for Native American tribes.
A recent EDF analysis focuses on the value of this wasted gas and the financial impacts to the Northern Ute tribe in the Uintah Basin of Northeastern Utah. Read More
By Ellen Shenette, EDF Climate Corps Analyst
It’s no secret that renewable energy is becoming cheaper, and while we’ve seen companies like Google and Microsoft investing in utility-scale renewables, what about mainstream corporate America? Are large corporations jumping on the clean energy bandwagon or are they dragging their feet? As a data analyst at EDF Climate Corps, I turned to the numbers for answers. Fortunately, I didn’t have to look far. An analysis from our recently release report: Scaling Success: Recent Trends in Organizational Energy Management, says it all.
For almost a decade, EDF Climate Corps has been partnering with business to save money and reduce greenhouse gas emissions by improving energy efficiency through our graduate fellowship program.
As I followed the numbers, a new clean energy trend stood out: over the last 5 years, clean and renewable energy projects have grown five-fold, with 1/3 of our partner organizations working on at least one clean energy project in 2015. Companies have been using their EDF Climate Corps fellows to decipher the complex landscape of technologies, policies, procurement strategies, and financing options for renewable energy. As we tally the results for our 2016 fellowship program, we expect the focus on clean energy to continue to grow, and don’t plan on it stopping anytime soon.
By now you have all heard the coal industry claims that the Clean Power Plan will kill the coal industry. This week federal judges hearing oral argument on the rule will no doubt hear the same. A new report by Sue Tierney of the Analysis Group clearly demonstrates just how misleading these claims are.
Dr. Tierney’s analysis examines changes in the industry since the 1970’s to unpack the factors that led to coal’s rise through 2000 and steady decline since. It shows how shifting economics for energy production have caused cost-effective lower-emitting natural gas generation and zero-emitting renewables to steadily out-compete coal and erode its market share. The analysis also shows how the industry made a large number of badly misplaced bets that have left them with over-burdened balance sheets, and facing bankruptcy as a result of these self-inflicted wounds.
Citing analyses by the Energy Information Administration and others, the analysis shows the irreversibility of these trends as coal is simply no longer the cheapest form of generation. These trends will also continue to drive a transition to cleaner lower-carbon fuels regardless of the fate of the Clean Power Plan. The clear implication is that industry should focus on preparing for the future and adapting to these new market conditions as opposed to fighting long-delayed protections that will help secure a more stable climate, a sustainable economy and vital public health benefits.
The analysis also examines the significant job losses seen since 1980, and finds that here too the blame has been misplaced. Data clearly show that decades ago, increasing productivity and a shift from eastern to western coal led to significant job losses even while the industry’s overall production was in a period of dramatic growth. Remarkably, coal mining jobs fell by one-half from 1975 to 2000 even as coal production increased by more than 60 percent.
By: Andy Vargas, EDF Congressional Hispanic Caucus Institute (CHCI) Public Policy Fellow
Hispanic Heritage Month is in full swing! It has also been a welcome way to kick off my placement with Environmental Defense Fund (EDF) as a Congressional Hispanic Caucus Institute (CHCI) Public Policy Fellow. Each year, CHCI marks Hispanic Heritage Month with a Public Policy Conference elevating the issues most important to Latino communities. This year, I had the pleasure of representing both CHCI and EDF, introducing a panel on an emerging and critical topic for Latinos: clean energy.
Clean energy is key to protecting Latino communities from disproportionate impacts of climate change and pollution. At last week’s conference, the National Hispanic Leadership Agenda (NHLA) highlighted that half the U.S. Latino population currently lives in the country’s most polluted cities. NHLA also noted that asthma and chronic obstructive pulmonary disease are more prevalent in inner city Latino communities near carbon-producing power plants.
By Gabriela B. Zayas del Rio, Tom Graff Diversity Fellow, Clean Energy
The system for supplying electricity in the U.S. was premised on the assumption that utilities would make evermore electricity to sell to customers. But, the global need to reduce carbon emissions from traditional power generation, along with the emergence of distributed energy resources – small, grid-connected devices, like rooftop solar and energy storage – have disrupted demand for electricity produced from traditional power plants.
In May, the New York State Public Service Commission introduced a new way to pay the state’s utilities, one where utilities are compensated not just based on how much electricity they produce, but also for producing environmental benefits aligned with the public good. This approach aligns with Reforming the Energy Vision (REV) – New York’s official plan to make its electric grid cleaner, more efficient, and affordable – and comes at a time of unparalleled population growth in New York. Read More
By: John Finnigan and Dick Munson
To compete, or not to compete – that is the question facing today’s electricity industry.
On one side of the debate are utilities with uneconomic power plants, which are unable to prosper in regional, competitive electricity markets. Faced with low natural gas prices and dramatically declining renewable energy costs, these utilities want bailouts for their aging coal fleets, or they want to relive their glory days as monopolies with guaranteed profits and no pesky corporate rivals. Ohio-based FirstEnergy – which has long waged war on clean energy and campaigned for a bailout – serves as the poster child of this camp.
On the other side are those that recognize the myriad benefits of competition. This includes power companies that didn’t double down on coal and do operate their plants efficiently. There are also nontraditional players – like cleantech entrepreneurs and renewable energy producers – who desire access to the market and a level playing field.
Fortunately, the pro-competition side just got a big endorsement from the nation’s largest grid operator, PJM Interconnection. PJM issued a newly-revised report that confirms bailouts and re-monopolization are not the solution, and competitive markets are the best path for lower-cost, cleaner energy. Read More