We knew this was coming. Everyone knew. The power sector is the single largest source of carbon pollution in the U.S. and one of the largest in the world, yet there are no limits on how much carbon power plants can emit into our air. The U.S. Environmental Protection Agency’s Clean Power Plan (CPP) for new and existing power plants is urgently needed, is well within Texas’ reach, and can ensure that Texas (more so than other states) forges a strong and prosperous clean energy economy.
But this week, the Electric Reliability Council of Texas (ERCOT), which manages roughly 90 percent of Texas’ power grid, issued a report that overestimates the challenges posed by the CPP to the state’s electric grid reliability. Furthermore, it failed to appropriately recognize key tools available to ERCOT and the state to meet the proposed CPP.
Here’s a breakdown of what the report missed: Read More
By: Audrey Hornick-Becker
From left to right: Bruce Schlein, Director, Alternative Energy Finance, Citi; Vic Rojas, EDF senior manager, financial policy; Bryan Garcia, President, Connecticut Green Bank; Alfred Griffin, President, NY Green Bank. Source: Maria Jiang.
Last week, EDF co-hosted a successful first-of-its-kind Resilience Finance Symposium in New Jersey, attended by about 120 participants from a wide spectrum of public and private entities in the state, region, and country.
Held on November 12 with Governor Christie’s Administration and the New Jersey Institute of Technology’s College of Architecture + Design, the all-day Resilience Finance Symposium: Building Resilient and Sustainable Energy Solutions for New Jersey’s Key Infrastructure featured a series of panels on solutions that help keep the lights and heat on during critical times, like microgrids and energy storage, as well as innovative ways of financing resilient energy systems.
A main topic of discussion was the impressive progress New Jersey has made toward making the state’s energy infrastructure more resilient in the two years since Superstorm Sandy caused a massive weeks-long power outage. Panelists pointed to Sandy success stories – those instances when power stayed on even when the grid went down – and discussed the need to make these kinds of successes the norm rather than the exception. Read More
By: Jorge Madrid, EDF Coordinator, Partnerships and Alliances, and Marilynn Marsh-Robinson, EDF Project Manager
We’ve spent nearly 15 years collectively working on clean energy solutions for both rural and urban communities, often with under-resourced and underrepresented people at the front of our minds. One question, among many, that is consistently on the minds of elected officials and advocates alike is: How will clean energy policies affect low-income families and communities of color? This is a critical question to answer because low-income families, including a disproportionately large percentage of African Americans and Latinos, spend a greater portion of their income on utility bills. This means spikes in electricity costs can interrupt monthly finances, and even slight increases can take away from other basic needs like housing, education, and food.
Unfortunately, the concern about cost impacts on low-income families and communities of color is also frequently used as an argument against transitioning to a clean energy economy. Sometimes these arguments come from elected officials and advocates with genuine concerns, while other times, they come from industry groups who are trying to protect their own interests by pitting these communities against clean energy. In both cases, incomplete or outright misinformation muddies the water and impedes effective policy dialogue. Read More
As the recent midterm elections have thrust American politics to the media’s forefront, battles for political power are fresh in our minds. While Democrats and Republicans are not the contestants in governments outside of the U.S., struggle for power among groups whose ideals clash are the bedrock of political systems everywhere, including Germany, where politics play a major role in shaping the country’s energy transition.
Political actors in countries with coordinated market economies, such as Germany, prefer dialogues, strategic concessions, and trade-offs that give rise to policy decisions unanimous among main stakeholder groups. However, for Energiewende – Germany’s aggressive plan to transition to nearly 100 percent renewable energy by 2050 – unanimity is constrained. That’s because two interest groups, the Conventional Energy Coalition (CEC) and the Sustainable Energy Coalition (SEC), support fundamentally different energy systems that oppose each other. Read More
By: Karin Rives, EDF Voices editor
For the first time, the world's two largest greenhouse gas emitters have pledged to reduce carbon pollution. This is a game changer, writes Fred Krupp, president of Environmental Defense Fund, in a Wall Street Journal op-ed piece.
The agreement between the United States and China will be a giant boost for clean-energy markets.
Having the world’s two largest economies competing to accelerate the adoption of no-carbon and low-carbon technologies will send one of the most powerful market signals we have ever seen, Fred writes.
China, spurred by its smog-burdened cities and the growing costs from the impact of climate change, will be increasing its already substantial investments in solar and wind, working with the U.S. on new approaches to cleaner energy and reducing the country’s reliance on fossil fuels. Read More
So our political landscape is morphing yet again, and the future looks uncertain. But there are some things we know will happen over and over, like rituals.
We know that next time it snows, someone will make a tired joke about how global warming must be over. And next time the U.S. Environmental Protection Agency unveils another plan to reduce air pollution and protect public health, opponents will claim it’ll cost a fortune and ruin our economy.
I'm sure they're now trying to sell a recent study claiming that EPA’s plan to cut carbon dioxide emissions from power plants will hit consumers, when the best available data points to the complete opposite.
History shows that opponents of environmental regulations consistently miss the mark on costs. Read More