Energy Exchange

WANTED: Gang of Texas Legislators on the Loose at the Capitol Upending Local Control and Putting Texas in Harm’s Way

There is an assault on public health and environmental integrity underway in the Texas Legislature right now that’s the worst I’ve seen in my twenty-something years as an environmental advocate.

The Texas Legislature is currently considering a series of bills that would eliminate much of the important rules protecting not just air and water, but also public health and safety. Many of these laws have been in place for decades and are critical in a state where the energy industry and large polluting companies are a key part of our economy.

Here’s a run-down of some of the worst bills being considered at the Texas Legislature and the elected “leaders” sponsoring them:

Wanted_Poster-Fraser V2 (2)Crime: State Senator Troy Fraser (R-Horseshoe Bay), author of Senate Bill (SB) 931, is proposing to undo the law that put Texas on the national – and international – map for wind energy: the Renewable Portfolio Standard (RPS). Set into law in 1999, the RPS set renewable energy, predominately wind, goals for Texas, launching a windfall of new investment in West Texas and the Panhandle. This is the same law that helped create 40 new businesses and 30,000 jobs in 57 West Texas counties, including Fraser’s own county.

Wind energy is a vital component of Texas’ economy and environment. Not only does it support thousands of jobs, predominately in rural West Texas, but wind energy also requires virtually zero water, saving an estimated eight billion gallons of water each year. This bill would also halt construction of the Competitive Renewable Energy Zone (CREZ), a 3,600 mile transmission line that will connect remote West Texas wind energy to the eastern cities that need its power. This project, one that the state has already invested in, would deliver enough power to energize 3.7 million to 7.4 million homes and increase the available wind power supply by a whopping 50 percent. Read More »

Posted in Air Quality, Clean Energy, Renewable Energy, Texas / Read 1 Response

The Most Carbon-Efficient Year Ever for America’s Power Industry?

https://www.flickr.com/photos/fordsbasement/13062392804/in/photolist-kUhbi3-pskKMf-mK5zQU-98Qab6-cXTKah-og6fvf-oxzJxn-5EHqS-ovxV9u-cQEn4U-cQEmYj-9jc4u1-daEmxV-g8KcG5-nR54yM-9npDom-opBEHZ-8wHqc5-nPRNGZ-hn9yWX-9PsRXE-nMeVtq-92E3sQ-5NwfZK-rn9qFB-9PsT5A-rdG8Lm-drp6oh-41ZQz-9PsS6y-csQNtCIt’s been 60 years in the making and it’s finally here: America’s power generation fleet has changed so much since the 1950s, and especially over the last decade, that the amount of carbon we emit per megawatt-hour of electricity produced has dropped to its lowest point in recorded history.

In fact, 2015 could be the cleanest ever for our power industry, according to a recent report by Bloomberg New Energy Finance. Two major developments have driven this change:

  1. Renewable energy projects are skyrocketing.

Based on confirmed contracts, renewable energy will hit a record 18.3 gigawatt of new build in 2015. Of that, 9.1 gigawatts will come from solar (an all-time high) and 8.9 gigawatt from wind (third-most ever).

By the end of 2014, renewables (not including hydro power) accounted for 7 percent of electricity generated in the United States. Solar and wind, alone, are expected to account for 60 percent of new capacity in 2015. Read More »

Posted in Clean Energy, Natural Gas, Renewable Energy / Read 2 Responses

Methane Emissions from Oil & Gas are on the Rise, Confirm Latest EPA Data

rp_methane_378x235_4.jpgMethane emissions from the US oil and gas sector increased, according to new data finalized today by the Environmental Protection Agency. Sadly, the figures come as no surprise, based on preliminary numbers and plenty of other observations, both scientific and anecdotal.  No surprise unless you’re part of the industry’s public relations machine, which keeps insisting that up means down.

What is legitimately surprising is that this problem continues in spite of the many simple, proven and cost effective ways there are to fix it. And therein lies opportunity. Read More »

Posted in Methane, Natural Gas / Tagged , , | Read 1 Response

What do the New Apple Watch and Home Energy Monitors have in Common?

apple watch lwyang flickrThe new Apple Watch, which went on sale last Friday, is attracting huge attention. Among many other features, the watch will monitor your health by tracking fitness and activity, like the Fitbit. In its first day on the market, nearly one million were sold.

The popularity of this wearable device speaks to a larger trend happening in technology that one might call “life tracking”: the ability to track, analyze, and hone your personal activities through the use of connected devices. From fitness to finance, technology like the Apple Watch is enabling more choice and efficiency than ever before. And, just as fitness wearables monitor our personal activity, other devices can monitor our home energy activity – leading to an array of cost-saving and environmental benefits.

Home energy monitors

The Nest thermostat is one of the most well-known home energy monitors. It learns how you like to set your home temperature, and then automatically programs itself to follow your patterns.

For example, if you work an office job and are away from home nine to ten hours a day, the Nest thermostat may cycle the air conditioner down to increase the home temperature a couple of degrees during the day while you’re gone, and then automatically reduce the temperature an hour or so before you return to re-establish your preferred home temperature. Read More »

Posted in Clean Energy, Demand Response, Electricity Pricing, Grid Modernization / Comments are closed

What InsideClimate Got Right And Wrong About EDF’s Methane Work

On April 8, InsideClimate News published an in-depth story about Environmental Defense Fund’s groundbreaking work to measure emissions of methane.

While we don’t agree with everything in the story, we’re glad it recognizes the scope, ambition and scientific integrity of our work. As InsideClimate News concludes:

Environmental groups almost never take on scientific research efforts. Investigations on this scale are normally organized by the federal government or the National Academy of Sciences. Coordinating what’s become an $18 million series of 16 studies by more than 100 researchers has turned EDF into a heavyweight on the science of methane pollution.

The project’s findings will influence government policy concerning the $292 billion-a-year U.S. oil and gas extraction industry and the regulation of fracking…[And] environmentalists acknowledge that EDF has managed to pass some of the nation’s strictest regulations where others have failed.

InsideClimate News interviewed 40 scientists, activists, academics and industry representatives – more than half of whom aren’t involved with the EDF research. This group included 15 methane researchers. None of them said they thought the industry was manipulating EDF’s research results or pressuring scientists to change their data.

But the story also gets some important things wrong, on issues the reporters never asked us about.

We’d like to offer corrections on those points, which we have raised directly with the editors, along with some additional perspective on this important story about methane – a potent greenhouse gas and main component of natural gas. Read More »

Posted in Methane, Natural Gas / Read 2 Responses

4 Ways to Invest in the Low-Carbon Economy

career-544952_640Citigroup Inc. recently pledged $100 billion for lending, investing, and facilitating deals related to sustainability, renewable energy,  and climate change mitigation. This is yet another sign that global capital markets are enormously interested in delivering capital into clean, renewable sources of energy. But you don’t have to be Citigroup to invest in the clean energy future.

The industry’s rapid growth presents an interesting diversity of  long-term opportunities for individuals like you and me who might be looking to make investments in a low carbon economy.

Fueled by an increased demand for solar and wind energy, clean energy investment last year beat expectations, rising 16 percent to $310 billion worldwide, according to Bloomberg New Energy Finance (BNEF). Fortunately, this robust growth is representative of a general upward trend in clean energy investment over the past decade.

Although the vast majority of this money is coming from governments, corporations, and private equity and venture capital firms, people of all income levels can consider whether it is right for them to add clean energy to their investment portfolios. And, you don’t need millions in the bank to make these types of investments – any investor can consider whether to put their money to use  through the four financial instruments described below. Read More »

Posted in Clean Energy, Energy Financing / Read 1 Response