Among the countless issues and storylines that drove the historic 2016 presidential election, few if any drew a more striking contrast than the Trump and Clinton campaigns’ respective approach to energy policy, and coal in particular. Mrs.
Yogi Berra once famously said “A nickel ain’t worth a dime anymore.” If he had been talking about EPA’s Regional Haze regulations, he could have been talking about a whole lot more nickels--$2 billion dollars worth to be exact.
It was about a year ago that we posted a bit of analysis on the U.S. Energy Information Administration’s (EIA) independent look at the economic and energy market impacts of the Environmental Protection Agency’s (EPA) Clean Power Plan (CPP) proposed rule. You can probably get a hint what we found out from the title—EIA Analysis Shows EPA’s Carbon Regulations All Economic Pain for No Climate Gain. We concluded that:
Take a look at the chart below, which was taken from a presentation made by Jim Skea, Co-Chair of the Intergovernmental Panel on Climate Change’s (IPCC) Working Group III, to the Parties to UN Framework Convention on Climate Change (UNFCCC) here in Bonn, Germany last week.
The curved line depicts what Mr. Skea describes as the increase in the “level of effort, as measured by carbon price” needed to limit the increase in the average global surface to no more than 2.0°C, the aspirational goal in the Paris Agreement. That’s some steep curve!
WASHINGTON – The lack of pipeline infrastructure in the Northeast has resulted in some of the highest electricity rates in the nation for families and business—and it will only get worse, according to a new report by the U.S. Chamber’s Institute for 21st Century Energy.
Have you heard the good news about the excellent state of U.S. air quality? Chances are, you haven’t. In fact, chances are more likely that you’ve heard something of the opposite—glum stories of smoggy skies and unhealthy air constantly under threat from industrial pollution and SUVs.
The U.S. Department of Energy’s authorization of the Golden Pass Terminal to export LNG will help position the United States to become the world’s dominant LNG exporter. http://bit.ly/2q2GNmmhttp://bit.ly/2q2GNmm