Energy Exchange

Oil and Gas Pollution Delivers a One-Two Punch to Our Public Health

One of the country’s largest leaks ever of natural gas, which is primarily made up of the potent greenhouse gas methane, has been going on in California’s Aliso Canyon for over a month. The volume that’s been leaking has been staggering—and the impacts to local residents severe enough to warrant relocating hundreds of families.

Major disasters like the one unfolding in Aliso Canyon have a tendency to grab our attention because the impacts are so acute and can be immediately documented—from the volume of methane that’s leaked (latest climate impacts estimate: equivalent to driving 160,000 cars/year) to the documented health impacts (bloody noses, headaches, breathing difficulties, nausea).

The Aliso Canyon leak, however, also provides us a good reminder of what communities across the U.S. who are close to oil and gas facilities have been increasingly concerned about—the ongoing environmental impact of air pollution that is being released into their neighborhoods, and the safety of those operations. Most of the pollution is invisible to the naked eye, but infrared cameras are bringing the problem into sharper focus, and with that a louder call for action and oversight by federal officials. EPA estimates that today, methane leaks from onshore oil and gas development is contributing climate impacts equivalent to driving nearly 130 million cars annually. And their emissions are contributing to unhealthy air for residents living next door and downwind of this development. Read More »

Posted in Air Quality, California, General, Methane, Natural Gas / Read 1 Response

FirstEnergy Sought a Bailout. Ohio Regulators are Simply Selling Out.

dv067014Remember when we commended the Public Utility Commission of Ohio (PUCO) staff for looking out for Ohioans’ best interests and taking a reasonable stance against FirstEnergy’s $3-billion bailout request?

We take it all back.

It looks like the staff has taken a big gulp of FirstEnergy’s flip-flopping Kool-Aid.

The Akron-based utility giant has been trying to convince the PUCO to prop up its uneconomic power plants for the next 15 years, essentially saddling Ohioans with the cost of FirstEnergy’s poor investments. The PUCO is comprised of the staff – policy and regulatory experts – and the Commission itself, five Commissioners appointed by the Governor who ultimately will make the decision on whether to approve the bailout. Initially, the PUCO staff appeared to see right through FirstEnergy’s cheap trick and recommended the Commission reject the deal.

But last week – despite the previous objection to the subsidy plea – the PUCO staff embraced a backroom deal with FirstEnergy that gives the company even more than it wanted, presenting the utility with an incredible gift just in time for the holidays. This is a disappointing and shocking move that represents a reversal on Ohio’s decade-long commitment to competition in electricity markets. Read More »

Posted in Clean Energy, FirstEnergy, Ohio / Read 2 Responses

5 Signs of Texas’ Clean Energy Momentum in 2015

sparklers-586002_640 pixabayFrom Apple to General Electric, it is common practice in the corporate world for established juggernauts to invest significant sums for research and development. Why? Maintaining one’s reign atop a sector requires dynamic, cutting edge innovation.

The same logic applies to state economies. And when it comes to energy, Texas – where oil and gas reign king – has arguably been America’s most dominant state for the past century. Over recent years, however, technologies and developments reshaping the sector have advanced at an unprecedented rate. As a result, it’s become clear that the energy sector of the future will rely far more on clean energy and smart technologies than on fossil fuels.

The good news: Texas has by far the most potential for solar and wind generation in the United States, which means the Lone Star state might be even more energy-rich in the 21st century than it has been in the past. In addition, the state’s energy sector is trending cleaner due to market forces.

And, in case you needed more proof, 2015 has been a dynamite year for clean energy momentum in Texas. Here are five reasons why: Read More »

Posted in Clean Power Plan, Energy Efficiency, Renewable Energy, Solar Energy / Read 3 Responses

Four Things To Know About Oil And Gas Methane

1. Methane is a supercharged climate pollutant

Methane is a potent greenhouse gas packing a climate punch 84 times more powerful than carbon dioxide in the first 20 years after it is released. More than a third of the climate impact we feel today is caused by short-lived pollutants, including methane, which accounts for most of that amount. These emissions are worsening already extreme weather patterns responsible for more frequent, higher intensity storms. And, in the absence of action, these trends are expected to accelerate.

 

2. The oil and gas industry is responsible for over 7 million tons of methane pollution

The U.S. oil and gas sector is estimated to release more than 7 million metric tons of methane emissions into the atmosphere each year, according to the Environmental Protection Agency. Read More »

Posted in Methane, Natural Gas / Comments are closed

3 Ideas That Could Shape Our World After The Paris Climate Negotiations

The Paris climate negotiations can set the stage for a global shift on climate change – when our world’s emissions finally stop rising, level off, and begin to fall.

There is reason to be optimistic: from China to the United States, from Europe to South Asia, countries are coming together with commitments to cut climate pollution. And so are cities, companies, investors, entrepreneurs – and even moms. That’s real momentum that could open a new era for how we make and use energy.

The real action starts after we all go home from Paris with the biggest question coming out of COP-21: Now what? I want to share three specific ideas for the future – ideas that could accelerate access to clean energy.

First, the biggest barriers today lie in how to deploy the technology we have or will soon have.  Solar panels, “smart” buildings, electric cars – the cost of these technologies is on its way down. Yet we still face problems of scale, because barriers in policy and finance limit the ability of clean technologies to deploy in ways accessible to everyone. Read More »

Posted in Climate, Energy Financing, Investor Confidence Project, Utility Business Models / Comments are closed

How One of Chicago’s Most Iconic Landmarks is Saving Money through Energy Storage

real batteryWhen you think about something that is 85 years old, you might think of history and tradition but not necessarily innovation. However, when the 85-year-old in question is a Chicago landmark committed to finding new ways to tackle energy management, cutting-edge solutions are par for the course.

The Merchandise Mart is a massive commercial space, spanning two city blocks along the Chicago River and offering some 4.2 million square feet of floor space. As expected, its energy consumption is also enormous, but the building has long been a leader in efficiency. And recently, the Mart took an even bigger step forward by unveiling an innovative battery storage unit that will help balance the electric grid – and earn money while doing it.

How the Mart came to be a clean energy leader

Built in 1930 for Marshall Field & Co., the Kennedy family owned the art deco structure for more than half a century, before selling it in 1998 to Vornado Realty Trust. Efficiency efforts began in the 1980s with the installation of an ice-storage cooling system that freezes tons of water overnight when cooling needs are minimal, allowing the building to shift power consumption to off-peak periods, save money, and reduce pollution. Read More »

Posted in Demand Response, Energy Efficiency, Illinois / Tagged | Comments are closed