Climate 411

A Wild Ride: Big News from the Clean Energy Front

By Sharyn Stein / Published: November 5, 2009

A lot has happened quickly in the clean energy world. Here’s a wrap-up:

  • Yesterday was day two of the Senate Environment and Public Works Committee’s markup process for the Kerry-Boxer bill. Republicans once again boycotted the proceedings, although they made a couple of cameo appearances. The markup continues today — you can see it on C-Span. And, Greenwire is now reporting that Senate Majority Leader Harry Reid has given EPW Chairwoman Barbara Boxer “the green  light” to move ahead without the GOP. Reid reportedly told Boxer to advance global warming legislation on Tuesday, November 10,  if Republicans have not ended their boycott by then.
  • At the same time, three strange bedfellows — Sens. John Kerry (D-MA), Lindsey Graham (R-SC) and Joe Lieberman (I-CT) announced they would work on a “dual track” to create a climate bill that would get 60 Senate votes. Our Tony Kriendler says the three have given “new life to a bipartisan process.”
  • The U.S. Chamber of Commerce is making tentative gestures of support in the general direction of a climate bill. The Chamber, which has been slammed by the media and abandoned by some of its own members since saying we need a “Scopes monkey trial” on climate science, said today that it “supports most of the principles outlined” in that Kerry-Graham-Lieberman proposal. Details are still fuzzy, but Tony Kreindler says: “We’re delighted to see the Chamber recognize that there’s a bipartisan path forward to a cap on emissions. If they support it, that would be truly a first.” Indeed, we at EDF would all be thrilled if the Chamber’s new tone were followed up with real action.
  • A new group launched today “to support action to limit greenhouse gases and counter the U.S. Chamber of Commerce.” American Businesses for Clean Energy includes high profile companies — including some who quit the Chamber because of its stance on climate change. Members include utilities — New Jersey’s Public Service Enterprise Group Inc. (PSEG), Florida’s FPL Group Inc. (FPL) and New Mexico’s PNM Resources (PNM) — as retailer Gap Inc. and Colorado ski resort operator Aspen Skiing Co. More from the Wall Street Journal.
  • And New York University School of Law’s Institute for Policy Integrity released a new poll of 144 economists. It found a whopping “94% believe the U.S. should join climate agreements to limit global warming,” and that “significant benefits from curbing greenhouse-gas emissions would justify the costs of action.”
Posted in Economics / Comments are closed

Environmental Defense Fund Welcomes Stabenow Climate Offset Legislation

By Tony Kreindler / Published: November 4, 2009

Michigan Senator Debbie Stabenow unveiled her new agriculture and forestry title for the Senate climate bill today. The legislation would establish a domestic “offset” program for reducing greenhouse gas emissions.

We gave the measure qualified praise today, saying it gives the Senate an opportunity to craft a consensus approach that delivers low-cost emissions reductions with environmental credibility — but also cautioning that the bill needs more work to guarantee that offsets are environmentally effective.

Here’s the statement from our senior policy manager, John Mimikakis:

Offsets are contentious, but they are essential to effective climate policy. Senator Stabenow deserves praise for trying to find the middle ground and move climate legislation forward.

We have a number of concerns with the bill that we’d like to see addressed as the legislation moves forward. Offsets need to be measured as rigorously as any other emissions reduction. Otherwise there will be little faith in what offset developers are selling and no certainty that we’re achieving pollution reduction goals.

We look forward to working with Senator Stabenow and other members of the Senate to build on the legislation introduced today.

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Fred Krupp’s Remarks on the Finish Line for a Climate Deal

By Sharyn Stein / Published: November 2, 2009

This morning, Fred Krupp, EDF’s president, gave the following remarks at the Point Carbon conference in New York City:

Think for a moment about the speech you’d expect to hear from an environmental leader on the eve of Copenhagen.

Now forget it.   This is not going to be that speech.

You might expect someone in my position to call for – to demand – a final international agreement to solve the climate crisis before Copenhagen delegates go home for Christmas.   I will not.

You might expect me to assert that the greatest threat to our planet will come about if New Year’s Day 2010 arrives without a new treaty.   It will not.

And that signing a final treaty is the only way Copenhagen can be successful.  It is not.

Let me explain.

Continue reading his full remarks.

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‘Marketplace’ Report Misses the Real Story on Coal

By Mark Brownstein / Published: October 30, 2009

Yesterday’s Marketplace report does an excellent job of highlighting the social and political fissures occurring in West Virginia and nationally as the United States starts in earnest the transition to a clean-energy, low-carbon economy. What the story fails to adequately convey is just how many old-line energy producers have crossed the divide and embraced the reality and opportunity of capping and reducing greenhouse gas pollution.

Don Blankenship, who was quoted in the story,  is very much a minority voice in the coal industry. His company, Massey Energy,  is in fact not even among the top four coal producers nationally, much less internationally. His views on climate change are considered to be extreme even among the coal industry.

Better for Marketplace to highlight the work of Mike Morris of American Electric Power, among the nation’s largest electric utilities and the largest consumer of coal in the Western Hemisphere. Today, AEP is cutting the ribbon on a large demonstration of carbon capture and storage technology in West Virginia, a technology Blankenship dismisses out of hand. AEP is also investing in wind generation even as it works to keep coal relevant in a low-carbon economy.

Those of us who know Morris know he is no bleeding heart — he is as flinty as they come. Yet, in supporting national clean energy cap and trade carbon legislation, and in matching his advocacy with investments in low-carbon technology, he is demonstrating the kind of leadership that West Virginia and the nation need.

Marketplace should do a better job appreciating just how increasingly irrelevant folks like Blankenship are to the national conversation about our clean energy future.

Updated 11/2: Corrected to remove references to NPR. Marketplace is produced by American Public Media.

Posted in Energy / Read 1 Response

EDF at Senate Hearings: Energy Bill Comes At Bargain Price

By Keith Gaby / Published: October 30, 2009

For the last three days, the U.S. Senate Committee on Environment and Public Works listened to some strong arguments in favor of climate legislation.

One of our favorite arguments came from our own Fred Krupp, president of EDF, who focused on the recent study from the EPA that confirms the low cost of the bill.

After conducting some serious qualitative analysis, the EPA found that the Senate bill is just as affordable as the House bill passed earlier this year. For the bargain price of $3 to $4 a month, the average American can look forward to a robust economy powered by new green jobs, energy independence (or at least a huge step in that direction) and a cleaner environment for his or her child and grandchild.  Here’s Fred’s written testimony [PDF].

Nat Keohane, EDF’s director of economic policy and analysis, also provided some great testimony on Wednesday. He detailed the impacts of the cap and trade legislation and also advocated on behalf of consumers — he made the point that energy savings need to find their way into the average American’s pocket rather than into the large coffers of utility company executives. Here’s Nat’s written testimony [PDF].

These hearings are further proof of the Senate’s growing momentum to further the climate debate. Barbara Boxer (D-Ca.) is pushing for the committee to begin considering amendents to her bill as early as next Tuesday. Although certain Republicans are balking at the fast pace, Boxer is confident that the bill has been thoroughly analyzed: More than 50 witnesses have been asked to submit their comments on the bill and Senate staffers have been scouring the 923-page document since its release.

Posted in News / Comments are closed

New Poll Shows 6 in 10 Americans Support Cap and Trade

By Sharyn Stein / Published: October 28, 2009

As the battle over clean energy legislation heats up in the Senate, CNN has released a new poll showing that 60 percent of Americans support cap and trade.

CNN says the issue shows a huge generational divide. More than two-thirds of Americans under age 50 support cap and trade, but those 50 and older are split.

The poll shows three-quarters of Democrats back the idea, as do nearly sixty percent of Independents and about 4 in 10 Republicans.

Says CNN Polling Director Keating Holland:

Independents may not be red or blue, but they appear to be green.

CNN Poll: 6 in 10 back ‘cap and trade’

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