Smuttynose Brewery in New Hampshire uses clean energy incentives to succeed.
By Roger Stephenson, EDF’s senior adviser for New Hampshire affairs
In New Hampshire, the clean energy economy is at a crossroads. On one hand, the legislature and governor remain ambivalent at best about clean energy and its role in our state moving forward. But local businesses are confident that renewable energy and energy efficiency choices already are making a positive impact. And many are calling for clean energy policies in the state to be strengthened.
Several owners were kind enough to share their time and explain what clean energy means to them and their businesses. Through a series of videos, Environmental Defense Fund (EDF) is now sharing those stories with lawmakers, fellow business community leaders, and the clean energy sector.
Last fall, EDF sought out businesses that were growing, competing, and thriving in the Granite State with the help of existing clean energy policies. We worked closely with The Nature Conservancy, New Hampshire’s Community Development Finance Authority, and the NH Clean Tech Council.
The search did not take long: Manufacturers; restaurants; construction companies and hotels; advanced manufacturing facilities; and Main Street mom and pops are investing in their competitive future with clean energy.
Here are two samples of these enlightening clean energy videos. Read More
Barely a month after his inauguration, President Trump is proceeding with plans to dismantle protections under the Clean Air Act and Clean Water Act. The targets include limiting pollution into streams and wetlands that flow into drinking water for a hundred million Americans, automobile fuel economy standards that cut tailpipe pollution, and performance standards under the Clean Power Plan that would boost renewable power and fight climate change. Trump and his EPA Administrator, Scott Pruitt, have drawn up reckless plans to slash EPA’s budget—greeted with derision even by some Republicans in Congress. With the tragic story of Flint still fresh in people’s minds, the President is betraying the demands of his own supporters — fully 64% of Trump voters want to maintain or increase spending on environmental protection.
These actions are a tragic wrong turn for the country — and not just because they threaten to roll back decades of progress on air and water pollution, and the recent steps forward on climate change.
What I especially worry about are the lost opportunities for economic growth, new jobs, and the competitiveness of American companies — at a time when China and others are stepping up.
By Tom Murray, vice president, Corporate Partnerships Program
More than 530 companies and 100 investors signed the Low Carbon USA letter to President-elect Trump and other U.S. and global leaders to support policies to curb climate change, invest in the low carbon economy, and continue U.S. participation in the Paris Agreement. It’s a powerful message from business leaders connecting the dots between prosperity and a low-carbon economy and confirming their commitment to continue to lead the way.
The private sector call for continued leadership on climate cannot be ignored.
“All parts of society have a role to play in tackling climate change, but policy and business leadership is crucial,” said Lars Petersson, president of IKEA U.S. “The Paris Agreement was a bold step towards a cleaner, brighter future, and must be protected. IKEA will continue to work together with other businesses and policymakers to build a low-carbon economy, because we know that together, we can build a better future.” Read More
Also posted in Clean Energy
By Jonathan Camuzeaux, manager, Economics & Policy Analysis
Risky Business Report Finds Transitioning to a Clean Energy Economy is both Technologically and Economically Feasible
In the first Risky Business report, a bi-partisan group of experts focused on the economic impacts of climate change at the country, state and regional levels and made the case that in spite of all that we do understand about the science and dangers of climate change, the uncertainty of what we don’t know could present an even more devastating future for the planet and our economy.
The latest report from the Risky Business Project, co-chaired by Michael R. Bloomberg, Henry M. Paulson, Jr., and Thomas F. Steyer, examines how best to tackle the risks posed by climate change and transition to a clean energy economy by 2050, without relying on unprecedented spending or unimagined technology. The report focuses on one pathway that will allow us to reduce carbon emissions by 80 percent by 2050 through the following three shifts:
1. Electrify the economy, replacing the dependence on fossil fuels in the heating and cooling of buildings, vehicles and other sectors. Under the report’s scenario, this would require the share of electricity as a portion of total energy use to more than double, from 23 to 51 percent.
2. Use a mix of low- to zero-carbon fuels to generate electricity. Declining costs for renewable technologies contribute in making this both technologically and economically feasible.
3. Become more energy efficient by lowering the intensity of energy used per unit of GDP by about two thirds. Read More
Also posted in Clean Energy
By Namrita Kapur, managing director, Corporate Partnerships
As President-elect Donald Trump puts together his fossil fuel-focused administration, the investment community is moving full speed in the opposite direction, instead putting their bets on emissions reductions and support for clean energy.
Some recent developments:
- Investors controlling more than $5 trillion in assets have committed to dropping some or all fossil fuel stocks from their portfolios, according to a new report tracking the trend.
- Climate change criteria shape the investment of $1.42 trillion in assets under management, a more than fivefold increase since 2014. Clean technology is now a consideration incorporated by money managers with $354 billion in assets under management.
Also posted in Clean Energy
New installed renewable energy capacity surpassed coal for the first time last year, the International Energy Agency reported recently.
It means that we added more wind and solar to our global energy system than oil, gas, coal or nuclear power combined – a trend that is expected to continue over the next five years.
But to truly transition to a global clean energy economy, we must accelerate this growth rate and modernize our electricity grid to maximize the potential of these new renewables. That way we can use as much clean energy as possible on any given day.
Many of these optimizing solutions already exist today.
They include technology such as powerful batteries that can store energy when renewables don’t produce electricity, for example, when the sun is shaded by a cloud.
There are also energy management tools such as demand response that pay customers for saving energy at critical times when the grid needs it. And innovative electricity pricing programs that encourage customers to shift some of their power use to times of day when clean energy sources are plentiful and electricity is cheaper.
All can, with the help of good policy, make the most of variable energy sources – as would a modernized and more dynamic electric grid. Read More