Energy Exchange

3 Republican Governors Embrace Clean Energy’s Economic Promise

solar-panels-workers pixabayLast week, the U.S. inaugurated a new president who has vowed to abandon the landmark Paris climate agreement and roll back bedrock American environmental protections.

But turn to the states and you’ll find a different story, even in the red states that elected President Trump. In fact, Republican governors in the Midwest are prioritizing economic growth and job creation by accelerating investments in energy efficiency and renewable energy. In the few weeks after the election, leaders in Illinois, Ohio, and Michigan have adopted new policies that help tackle climate change and grow the clean energy economy. Read More »

Also posted in Clean Energy, Energy Efficiency, Illinois, Ohio, Wind Energy / Comments are closed

The Future is California – How the State is Charting a Path Forward on Clean Energy

29812927675_a0c937acac_kThe late California historian Kevin Starr once wrote, “California had long since become one of the prisms through which the American people, for better and for worse, could glimpse their future.” These words have never felt truer. Just ask Gov. Jerry Brown or the leaders of the state legislature, who are all issuing various calls to action to protect and further the state’s leading climate and energy policies.

California is the sixth largest economy in the world and the most populous state in the nation. What’s more, we’ve shown that strong climate and energy policy is possible while building a dynamic economy. We’ve proved that clean energy creates far more jobs than fossil fuels – nationwide, more than 400,000, compared with 50,000 coal mining jobs – while protecting the natural world for all people.

It’s no shock our leaders are fired up. There’s too much at stake. With our state’s diverse, booming yet unequal economy, we are not unlike the rest of the nation. State-level leadership is more important than ever, and other states can and should learn from California to drive action across the U.S. Read More »

Also posted in California, Clean Energy, Demand Response, Energy Efficiency, Energy Equity, Energy Innovation, Time of Use / Read 2 Responses

Groundbreaking Study Shows New Coal Plants are Uneconomic in 97 Percent of US Counties

wind-energy-pixabayAt Environmental Defense Fund (EDF), we understand that market forces can drive either a healthy environment – or harmful pollution. I recently wrote about how generating electricity often creates pollution, which comes with environmental and health costs that are usually not paid for by the polluters. That’s why EDF works to identify and correct market failures, like the failure to understand – as well as account for – all of the costs pollution imposes on society.

The Energy Institute at the University of Texas at Austin (UT) just released a useful tool in that pursuit: a study that aims to capture the full cost of new electric power generation – including environmental and public health costs – on a county-by-county basis in the United States. The study evolves traditional ways of estimating new generation costs by 1) incorporating pollution costs, and 2) breaking data down to the county level.

The results show economics are leading the U.S. to a cleaner energy economy, in which there is no role for new coal plants. Let’s break it down. Read More »

Also posted in Clean Energy, Wind Energy / Comments are closed

Illinois’ Future Energy Jobs Act Shows States are Taking the Lead to Build the Clean Energy Economy

By Andrew Barbeau, senior clean energy consultant

For a breakdown of the bill’s renewable energy details, see here.

Two years, three competing major energy reform bills, more than 300 diverse organizations and companies, and countless hours of negotiations have now come down to one important moment: Illinois’ Future Energy Jobs Act is signed into law today.

A clean energy economic development package of monumental size, the Future Energy Jobs Act will create thousands of homegrown jobs, save billions of dollars in wasted energy, and secure Illinois’ place at the forefront of the nation’s clean energy economy.

In fact, Environmental Defense Fund’s (EDF) analysis estimates Illinois will see an additional $12 billion to $15 billion in new private investment as a result of the new clean energy priorities in this bill. That’s the greatest economic development package in Illinois in years, and likely will be the largest for the foreseeable future.

It’s also the most significant climate bill in Illinois history. We estimate it will reduce harmful carbon dioxide emissions by more than 33 million metric tons annually in 2030. Combined with the ongoing impact of market changes on the fossil fuel industry, this means Illinois will reduce its carbon emissions from the power sector by more than 50 percent from 2012 levels by 2030.

Oh, and did I mention customers’ bills will go down? Based on extensive analysis from the Illinois Commerce Commission and Illinois’ consumer watchdog Citizens Utility Board, the Future Energy Jobs Bill’s energy efficiency initiatives will lower customers’ electric bills.

At a time when President-elect Trump is threatening to roll back federal environmental protections, state victories like the Future Energy Jobs Act are more critical than ever.

That’s the ultimate win, win, win.

At a time when President-elect Trump is threatening to roll back federal environmental protections, state victories like the Future Energy Jobs Bill are more critical than ever. And, with strong bipartisan support in the Illinois General Assembly and being signed into law by a Republican governor, the deal is a clear signal that Illinois is ready to reap clean energy’s economic rewards – even if federal leaders refuse to join us in this endeavor. Read More »

Also posted in Energy Efficiency, Illinois, Jobs, Wind Energy / Comments are closed

What Trump and Pence Don’t Get about Clean Energy Jobs

President-elect Trump’s victory tour began in Indiana last week, where he and running mate Mike Pence announced they had cobbled together enough taxpayer cash to convince Carrier – a gas furnace manufacturer that planned to move 2,000 jobs to Mexico – to keep some of its jobs in the state.

But just two years ago, Governor Pence allowed Indiana to become the first state to abandon its energy efficiency standards – a move that Carrier and other companies warned would threaten nearly 1,500 jobs and $500 million a year in local economic investment. Evidently, losing 1,500 jobs wasn’t enough to worry about. Yet two years and a presidential election later, saving 1,000 on the backs of taxpayers is held up as proof that Trump is making good on his promise to reinvigorate the American economy.

Politics is theatre, but what worries me about the Carrier announcement is that it underscores how our new president and vice president don’t understand the true economic potential of clean, modern energy.

The clean energy industry – everything from wind turbines and solar panels, to home energy storage and energy efficiency – is exploding around the country. In 2014, the U.S. clean energy market grew by 14 percent – at nearly five times the rate of the overall economy – to nearly $200 billion. That’s bigger than the U.S. airline industry, and roughly equal to the pharmaceutical business. And this growth is creating millions of quality, homegrown jobs. If Trump wants to be the jobs president he promised he would be, someone needs to brief him on the facts. Read More »

Also posted in Clean Energy, Energy Efficiency, Jobs, Wind Energy / Comments are closed

Utility Regulators Guided To Set New Rates Deliberately, Using Data

pecan-street-neighborhood-solarDistributed resources – like residential solar, storage, and electric cars – are becoming more mainstream every day. This presents new challenges for utilities and utility regulators who are struggling to capture their benefits, while balancing shareholder interests and reliability.

To help utility commissions around the U.S. navigate the challenges, considerations, and policy developments related to the emergence of distributed energy resources, the National Association of Utility Regulators Association (NARUC) board of directors accepted a rate manual written by its staff subcommittee at its annual meeting. The Distributed Energy Resource Compensation Manual supports a deliberate, reasoned approach to making rate design changes by providing practical guidance to its members. Read More »

Also posted in Clean Energy, Electric Vehicles, Electricity Pricing / Tagged | Comments are closed