Climate 411

What We’re Watching in Reconciliation

Photo Credit: Wally Gobetz

Through the process known as budget reconciliation, Congress is now considering significant investments in climate action that could supercharge economic and job growth. With so many moving pieces, it can be difficult to know what to watch for, which is why we’ve homed in on four key questions to ask as the process unfolds.

EDF staff will also be weighing in on key developments as they happen, and you can read those comments in a new, regularly updated blog post you can read here. Read More »

Posted in Cars and Pollution, Energy, Green Jobs, Greenhouse Gas Emissions, Health, Jobs / Comments are closed

Congress: It’s Time for Ambitious Action on Climate Change

Photo Credit: BeyondDC

Congress is building momentum toward bold clean energy policies that will create millions of jobs, accelerate clean energy and fight climate change. The bipartisan infrastructure deal the Senate passed in August was a positive and necessary first step. And now, we are looking forward to ambitious action that will help tackle the broad scope of the climate change crisis we all face.

We are focused on ensuring Congress does not miss this historic opportunity to drive down emissions in the power and transportation sectors, particularly in ways that advance environmental justice. Read More »

Posted in Climate Change Legislation / Comments are closed

EPA Expected to Act Soon on Mercury and Air Toxics Standards

The Mercury and Air Toxics Standards have slashed dangerous pollution and prevented thousands of premature deaths since their creation in 2012.

 

Despite this success, the Trump administration undermined the legal foundation for the Mercury and Air Toxics Standards in 2020. But the Environmental Protection Agency is soon expected to release a proposal that would restore the legal basis for limiting hazardous air pollution from coal-fired power plants under the Clean Air Act.

 

It’s critical for the health of American families that EPA does so — and that EPA then further strengthens the Mercury and Air Toxics Standards.

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Posted in Clean Air Act, Health, Policy / Comments are closed

A revamped cost curve showcases the biggest carbon-cutting opportunities

President Biden has raised the bar for U.S. climate ambition, setting targets to cut economy-wide emissions 50-52% by 2030 and achieve net-zero by 2050. As the administration, federal lawmakers and state and local leaders work to make these goals a reality with strong climate policies and investments — including in climate-focused infrastructure and reconciliation packages being negotiated in Congress — they are faced with many questions. What are the cheapest ways to cut carbon right now? How will a particular policy affect emissions? How much should we be investing in new clean technologies that are not widely available yet?

A new and improved ‘cost curve’ tool developed by EDF and Evolved Energy Research shows that the electricity and transportation sectors offer the most impactful carbon-cutting opportunities at the lowest cost right now — with potential to get us nearly halfway to net-zero emissions from energy and industry by 2050. This tool, which offers a new take on what is known as a Marginal Abatement Cost (MAC) curve, gives policymakers an economic roadmap to net-zero emissions and beyond by revealing greater insights into the costs, impact and optimal sequencing of different carbon-cutting actions.

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Posted in Economics, Energy, Greenhouse Gas Emissions / Comments are closed

Carbon removal tech could help us draw down historic pollution and go beyond net-zero. But it needs the right policy.

This blog was co-authored by Maureen Lackner, Manager for Economics & Policy at EDF.

This EDF working paper explores policy tools that federal policymakers could use to quickly and responsibly begin deployment of Direct Air Capture facilities, one of several possible carbon removal approaches that could help get the U.S. to net-negative emissions, alongside essential measures to slash pollution.

Carbon Engineering's direct air capture pilot plant.

Carbon Engineering’s direct air capture pilot plant. Photo Credit: Carbon Engineering

The latest report from the IPCC underlined what many already know: action is failing to keep pace with the accelerating climate crisis. A rapid, global transition to net-zero emissions is mission critical since every fraction of a degree in warming could worsen the climate damages we’re already experiencing.

Directly cutting U.S. emissions by moving toward clean energy sources will be the unquestionable priority this decade. But the report also makes clear that we need to scale up carbon dioxide removal (CDR) to reduce the likelihood of the most catastrophic impacts beyond 1.5C warming. The unforgiving math means we will need to harness scientifically-robust ways to remove carbon from the atmosphere through nature — such as managing healthy forests — and through emerging technologies.

One technology-based solution receiving considerable attention is Direct Air Capture with dedicated geologic storage (called DACCS), where carbon is pulled from the air and permanently and safely stored underground.

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Posted in Greenhouse Gas Emissions, News, Policy / Read 1 Response

Western Climate Initiative auction hits a new record, raising over a billion in proceeds for California

Photo by Tom Brewster Photography for the Bureau of Land Management

The results of the Western Climate Initiative’s August auction were released today and all current and future vintage allowances sold at record-high allowance prices.

This news follows two other key climate updates from this summer: The release of the 2019 California Emissions Inventory which looks back at the state’s encouraging emissions progress, and the launch of the Climate Change Scoping Plan update process, which looks ahead at how the state will achieve its 2030 and 2045 targets. Taken together, all of these updates show that California has a golden opportunity to raise its climate ambition, as communities across the state grapple with intensifying, climate-fueled wildfires and drought.

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Posted in California, Carbon Markets / Comments are closed