Energy Exchange

Canada Has a Big Climate Opportunity, but will Policy Makers Seize It?

 

Drew-Nelson-1A new analysis out today shows Canada’s oil and gas sector can achieve substantial cuts in emissions of methane – a powerful pollutant and the primary ingredient in natural gas – using low-cost pollution controls. Conducted by ICF International, the independent report evaluated the many reduction opportunities for Canada’s oil and gas industry to curb harmful and wasteful methane emissions. EDF commissioned the study and released it in partnership with the Pembina Institute, Canada’s leading clean energy think tank.

Natural gas is about 95 percent methane and packs a climate warming punch 84 times more powerful than carbon dioxide in the first 20 years after it is released. Because of its short-term potency, methane accounts for 25 percent of the global warming we feel today.

Canada is the fourth largest global emitter of oil and gas methane emissions, according to a Rhodium Group analysis. Better controlling these emissions across Canada can provide instant benefits to the climate and for public health (methane is emitted along with other toxic pollutants that lead to smog), while also saving millions in wasted natural gas. And, even better, we now know that reducing these emissions in Canada is highly cost-effective, similar to the conclusion of an earlier ICF analysis done for the U.S.  Read More »

Posted in Methane, Natural Gas / Comments are closed

Forum Shows Government and Business Can Work Together to Tackle Oil and Gas Methane Emissions

rp_powering-the-economy.pngThere is often staunch disagreement between industry and policymakers on how to address pollution. But an event last week convening business leaders, federal and state officials and other stakeholders showed that there’s at least one idea on which they can agree and work together: the feasibility of reducing methane emissions from the oil and gas sector.

Here are four perspectives shared at this event that give me hope we can solve the large, but addressable problem of methane pollution from the oil and gas industry if we take a fact-based, collaborative approach. That would be great news in itself, and powerful precedent for tackling the broader climate opportunities ahead.

Environmental regulations are not a zero sum game. Martha Rudolph, director of Environmental Programs at the Colorado Department of Public Health and Environment, was on the front lines when Colorado proposed the nation’s first direct regulation of methane pollution from the oil and gas industry. At the event, she shared her state’s powerful example of unlikely allies coming together to protect climate and communities in a way that makes business sense. Read More »

Posted in Methane, Natural Gas / Comments are closed

Who Supports Oil and Gas Methane Regulations? Pretty Much Everyone

Denver04Over the last two weeks, EPA has held a series of hearings across the country to collect public testimony in response to its new proposal to curb oil and gas companies’ emissions of the potent greenhouse gas methane. The hearings provided a chance for stakeholders in areas where the oil and gas industry has a significant footprint – Dallas, Denver and Pittsburgh – to voice their concerns and perspectives. Lawmakers, business leaders, health professionals, and other community members arrived at the hearings by the hundreds to show support for actions that can stop wasteful drilling practices, improve air quality, and slow climate change.

Out of Denver, Colorado State Representative Joseph Salazar told the EPA he supported efforts to regulate methane pollution simply because “I want to make sure my children have clean air to breathe and clean water to drink.”

His remarks were echoed by Christine Berg, mayor of Lafayette, Colorado: “Ask yourselves, shouldn’t all people, no matter where they live, have equal access to clean air?” Read More »

Posted in Air Quality, Climate, General, Methane, Natural Gas / Comments are closed

Clean Energy Conference Roundup: October 2015

conferenceEach month, the Energy Exchange rounds up a list of top clean energy conferences around the country. Our list includes conferences at which experts from the EDF Clean Energy Program will be speaking, plus additional events that we think our readers may benefit from marking on their calendars.

 Top clean energy conferences featuring EDF experts in October:

October 5-7: SXSW Eco (Austin, TX)
Speaker: Kate Zerrenner, Manager

  • SXSW Eco creates a space for business leaders, investors, innovators, and designers to drive economic, environmental, and social change. Kate will be a panelist on the Energy-Water Nexus panel.

October 6-7: Demand Response World Forum (Costa Mesa, CA)
Speaker: James Fine, Senior Economist

  • The 2nd Annual Demand Response World Forum will bring together professionals from around the world to explore the latest auto-demand response (ADR) technologies and strategies for meeting the changing energy landscape of the 21st Century. Technology innovators and business leaders will meet for three days to discuss the evolving role of ADR in enabling an integrated and flexible network that is responsive to a wide range of energy resources, marketplace entities, and customer energy demand and generation. Read More »
Posted in Clean Energy, Conference Roundup, General / Comments are closed

Ohio’s FirstEnergy Forecasts are More Political than Accurate

rp_future-pic-300x200.jpgNobody can predict the future. But from markets to sports, so much of our world is focused on speculation. Ohio-based FirstEnergy has a habit of missing market predictions in spectacular fashion, often because the numbers it advances “prove” the political point that would most benefit the utility’s bottom line.

Consider the case of Environmental Protection Agency’s proposal to reduce mercury and particulate emissions from power plants. FirstEnergy wanted to kill the Mercury and Air Toxic Standards (MATS) and argued the recommended rules would cost it some $3 billion to comply. That predicted cost came in the third quarter of 2011, before the EPA standard was finalized. A year later, after the final rule was released, FirstEnergy cut its estimate nearly in half, to $1.7 billion. A year later the number was down to $465 million, and by 2015 the company admitted it needed to spend only $370 million to comply with MATS.

FirstEnergy’s forecasting “prowess” also extends to its bailout request now before the Public Utility Commission of Ohio (PUCO). According to Cathy Kunkel with the Institute for Energy Economics & Financial Analysis (IEEFA), “FirstEnergy needs to show PUCO that wholesale market prices are likely to rise steeply so that ratepayers will benefit from the new contract it seeks.”

Read More »

Posted in Clean Energy, FirstEnergy, General, Ohio / Comments are closed

What do EPA’s Methane Rules Mean for the Energy Economy?

*Live morning webcast 9/29*

Around the country, people are talking about methane. Last week hundreds showed up to testify at public hearings in Dallas and Denver, weighing in on the Environmental Protection Agency’s proposal to fight oil and gas methane pollution.

Tomorrow, EPA will hear from many more stakeholders in Pittsburgh, while a panel of experts that EDF is convening in Washington, DC, will discuss how we can cost-effectively reduce methane pollution using technologies already on the market.

The public hearings have largely reflected the concerns of local communities impacted by oil and gas industry air pollution. This is important as an overwhelming majority of voters support EPA’s proposal and view new rules as reasonable and necessary. This is hardly a surprise considering the oil and gas industry wastes over 7 million tons of methane pollution into the air every year, representing enough gas to heat 5 million homes and $1.2 billion dollars (at current prices) that could otherwise help boost our local economies. This tonnage of methane leakage also packs the same short-term warming power as 160 coal-fired power plants each year.

Though the energy waste and pollution is enormous, cutting methane emissions is not an insurmountable problem. That’s what you can expect to hear from tomorrow’s discussion hosted by The Hill titled, “Powering the Economy: A Discussion on Natural Gas, Methane Policy, and American Business.” Read More »

Posted in Methane, Natural Gas / Comments are closed