Energy Exchange

Cutting methane emissions from natural gas gives EU global climate leverage

Policymakers around the world increasingly recognize that along with carbon dioxide, cutting emissions of methane is critical for reaching the temperature goal of the Paris Agreement. Methane is a key element in the reinvigorated U.S. climate strategy and — for the first time — discussed in China’s latest five-year plan.

Now the EU has a chance to significantly influence methane emission reductions not only within Europe, but globally.

Methane from human activities is responsible for at least 25% of today’s warming. One of the largest emitters is the oil and gas industry. The European Commission Methane Strategy released last October identifies the global oil and gas sector as the most cost-effective opportunity for methane emission reductions.

The key to the EU’s global methane leverage lies in the continent’s vast gas market. A new policy brief by the Florence School of Regulation and Environmental Defense Fund describes policy pathways to unlock the opportunity, while a separate analysis prepared for EDF by Germany’s Enervis Energy Advisors illustrates how a comprehensive policy could offer far-reaching climate benefits.

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Posted in Europe, Methane, Methane regulatons, Natural Gas / Comments are closed

How renewables, natural gas and flat demand led to a drop in CO2 emissions from the U.S. power sector

New state-by-state research shows significant reductions across the country from 2005-2015

Decarbonizing the power sector in the United States will be critical to achieving the goal of a 100% clean economy by 2050 – especially since reaching “net-zero” greenhouse gas emissions across the economy means that other energy-using sectors such as buildings and transport will increasingly need to be electrified, switching away from direct fossil fuel use and relying on low-carbon electricity instead. Demand for electricity is therefore very likely to grow in the future – which makes it critical that its CO2 emissions sharply decrease through the accelerated deployment of low carbon technologies, such as wind and solar power, in the decades ahead.

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Posted in Clean Energy, Natural Gas / Comments are closed

Clean energy boom played key role in recent U.S. carbon emissions drop, study shows

After rising for nearly two decades, carbon dioxide emissions from United States energy use began to fall sharply and unexpectedly in 2007.

For years now, experts attributed this decrease to the drop in energy demand during the economic recession that began late that year, and to the huge surge in cheap natural gas that displaced coal in our energy mix during this period. But they overlooked another key change that drove the drop in emissions just as much: the rapid rise in renewable energy production.

By 2013, our country’s annual carbon dioxide emissions had decreased by 11 percent – a decline not witnessed since the 1979 oil crisis. Our research shows that the growth of renewable energy sources accounted for 31 percent of that 640-million metric ton carbon drop.

The impact from renewables is just below the 34-percent contribution the switch from petroleum and coal to natural gas made to the emissions decline – a fact that, until now, has previously gone largely unrecognized.

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Posted in Clean Energy, Renewable Energy, Solar Energy, Wind Energy / Comments are closed

Benefits of Clean, Distributed Energy: Why Time, Location, and Compensation Matter

solar-panels-new-yorkNew York is preparing for a future in which clean, distributed energy resources – such as energy efficiency, electric vehicles, rooftop solar panels, and other types of local, on-site power generation – form an integral part of a more decentralized electric grid. This is the future the New York Public Service Commission (PSC) wants to see realized through its signature initiative, Reforming the Energy Vision (REV).

This vision means the role of the customer is changing: from recipient to both user and provider of electricity and other grid services. By investing in clean, distributed energy resources, customers can make the electric system more efficient and contribute to a cleaner environment, while gaining greater control over their energy bills. Read More »

Posted in New York, Solar Energy, Utility Business Models / Read 1 Response