Energy Exchange

North Carolina is well positioned for EPA’s Clean Power Plan

alternative-21761_640A majority of Americans endorse setting limits on carbon emissions from the nation’s power plants, which account for the single largest source of carbon pollution in the U.S. The United States is on the verge of doing just that with EPA’s proposed Clean Power Plan.

Nationally, the plan will reduce carbon emissions from power plants 30 percent below 2005 levels by 2030. However, these carbon-reduction mandates vary from state-to-state, which will cumulatively lead to a nation-wide reduction of 30 percent.

In North Carolina, where I live, the plan requires the state to reduce absolute carbon emissions about 21 percent by 2030 from a 2012 baseline, according to an analysis by Bloomberg New Energy Finance. Read More »

Also posted in Air Quality, Climate, North Carolina, Renewable Energy / Read 1 Response

Why Military Veterans are Uniquely Primed for Climate Action

Pakistan flood reliefMost veterans’ climate action advocacy is not motivated only by traditional environmental issues, but also by lives lost during fuel transports amid increasing global conflicts.

My advocacy is motivated by both, and as a veteran, I’m inspired by increased opportunities to promote clean energy policies that support energy security, resiliency, and military readiness.

Climate change affects us in multiple ways, not the least of which is geopolitically. Rising global temperatures are, in fact, one of the fastest-growing threats to national security.

This is why the U.S. Armed Forces are actively responding to the threat of climate change, as are many veterans who leave the military with a strong understanding of how climate issues can drive or alter missions. Read More »

Posted in Clean Energy / Comments are closed

The Social Cost of Stagnation: A Call for FERC Action

By: James T. B. Tripp, EDF Senior Counsel

Fossil fuel plantAmerica’s electricity industry – the single largest source of carbon pollution in the U.S. – is at the heart of some of the world’s biggest environmental challenges, especially climate change. Given this connection, you would think an agency called the Federal Energy Regulatory Commission (FERC) would take into account the major environmental consequences of its policies, which fundamentally shape the U.S. power industry. Sadly, you would be wrong.

FERC is charged by law with ensuring wholesale rates and other critical aspects of the electricity industry, such as transmission practices, are “just and reasonable.” Yet FERC’s official policy is to exclude environmental considerations from its regulation of the industry. Why? FERC’s reasoning is based on a combination of questionable statutory interpretation and an approach to energy regulation that is stuck in the past. In fact, FERC’s statutory mandate over wholesale electricity sales and transmission dates back to the 1930s, long before scientists discovered climate change. Read More »

Also posted in Climate / Tagged | Comments are closed

While Critics Debate Energiewende, Germany is Gaining a Global Advantage

Source: Frank M. Rafik

Source: Frank M. Rafik

Economics is the focus of many debates surrounding Germany’s aggressive “energy transition” (or Energiewende), which plans to move the country to nearly 100 percent renewable energy by 2050. Critics say Energiewende’s costs are unjustifiable, arguing they hurt the country’s international competitiveness and systemic inefficiencies exacerbate these costs.

At first glance, it’s hard to argue with them. The scale of investment in Energiewende can seem intimidating: So far, Bloomberg New Energy Finance estimates the total cost of Germany’s clean energy expansion at €106 billion. Furthermore, the Wall Street Journal quotes government sources when predicting total costs through 2040 to be about €1 trillion.

By contrast, however, Germany’s annual investment in fossil fuels has been €90 billion; and, investments in Energiewende go into electric grid upgrades that would need to happen in Germany anyway, whereas fossil fuel investments leave the country.

When viewed in context, there are many reasons to believe investments in Energiewende will reap economy-wide rewards, giving Germany a competitive global advantage over other countries that lagged behind investing in the future.

Read More »

Also posted in Electricity Pricing, Energy Financing, Renewable Energy / Read 3 Responses

Live Stream EDF’s Panel Discussions at SXSW Eco Oct. 6-8

sxswecoSXSW Eco attracts a global community to explore, engage, and co-create solutions for a sustainable world. A uniquely inclusive platform for professionals, SXSW Eco examines the critical challenges of our times through a kaleidoscopic lens of design innovation, policy tipping points, technological breakthroughs, conservation practice, entrepreneurial spirit, and a culture of creativity to transform inspiration into action.

EDF will be there in full force, including participating in four panels (CST): Read More »

Also posted in Texas / Comments are closed

Texas Comptroller’s New Report Should Not Play Favorites

lollie-pop flickrRecently, the Texas Comptroller, Susan Combs, decided to come out swinging against renewable energy, specifically wind, in a report entitled Texas Power Challenge: Getting the Most From Your Energy Dollars. It would be easier to take this report seriously if it applied the same pressure and scrutiny to the oil, gas, and coal industries, which have received subsidies and incentives hand over fist. But, no, the attacks seem to focus only on renewables.

What’s worse is the Comptroller’s report is not based in fact. One of the main points of contention is the CREZ transmission lines that were built to ease the bottle-necked energy congestion in West Texas. Yes, this congestion was partly due to more wind energy on the power grid needing to make its way to cities in the East, but natural gas very much benefited from the added transmission lines as well. Even Railroad Commissioner Barry Smitherman, a Republican ally of Combs’, took her to task for this in a statement to the Texas Energy Report: Read More »

Also posted in Renewable Energy, Texas / Comments are closed