Science and Economics, Not Politics, Will Strand Fossil Fuels

While President-Elect Trump may try reversing climate policy, other forces are reducing emissions without pause. Technology, economics, and state policy will increasingly force fossil fuels to remain where they belong: in the ground. The reality is most of the world’s coal, oil, and natural gas will remain buried underground forever, no matter who occupies the White House.

President Trump and the clean energy future

Donald Trump’s election and presidential transition has revived debate over the roles various energy sources should play in a secure, reliable, affordable and clean U.S. electricity system. Moving beyond rhetoric, actual data show the market forces driving clean energy are likely to continue, regardless of federal policy under a President Trump. Let’s look at the numbers.

How Utilities Can Become Efficiency Innovators

With future federal clean energy policies in doubt, proactive clean energy policy will likely be left largely to states in the next few years. Fortunately, a New York policy proposal could show the way forward on energy efficiency for utilities. An outcome-oriented metric would focus on the policy goal of reduced energy use overall, putting a smaller emphasis on the administratively intensive business of attributing savings to specific actions.

Canadian Hydro: A Lifeline for Northeastern Clean Energy Goals?

Land-constrained Northeastern states looking for creative solutions to decarbonize their electricity system and maintain affordable, reliable electricity service have renewed interest in an old resource: imported Canadian hydroelectricity. Two recent policies from Massachusetts and New York have spurred this interest:

What California’s History-Making Climate Laws Mean For Emissions Policy

California fortified its role as a global leader in climate policy with the passage of Senate Bill (SB) 32 and Assembly Bill (AB) 197 on Sept. 8, establishing a new ceiling on emissions in 2030 under SB 32 – 40 percent below 1990 levels. While these new laws clearly demonstrate California’s unprecedented ambition to decarbonize its economy, they also raise questions about their implications for California’s cap-and-trade system.

What California’s Ambitious Climate Bills Mean for Policy

It is highly likely that California’s cap-and-trade program post-2020 will be enabled under the state’s new SB-32 and AB-197 bills, as it is a necessary part of a policy package maximizing net social benefits. However, policymakers will have to make some adjustments to cap-and-trade program design regarding, for example, new limits on out-of-state offsets and how allowances are to be allocated post-2020.

California’s history-making new laws and what they mean for climate policy

California has fortified its role as a global leader in climate policy with passage of Senate Bill (SB) 32 and Assembly Bill (AB) 197. On Sept. 8, Governor Jerry Brown signed these bills into law, establishing a new ceiling on emissions in 2030 under SB 32 – 40% below 1990 levels – and new rules guiding regulators on how to accomplish emission reductions.

Future uncertain over cap-and-trade auctions

On Tuesday, the California Air Resources Board (CARB) released the latest quarterly allowance auction results for California’s cap-and-trade program. While demand rose compared to the previous auction in May, a majority of allowances still went unsold due to uncertainty over the program’s future past 2020 – suggesting policymakers should take action, not solace, from better August auction results.

Analysis Finds Wind Could Replace 6,000 Gigawatt-Hours of Coal in Colorado

In 2004, Colorado voters bet on the outcome of costs dropping for wind and solar energy as they were used more — and it looks like the initiative’s promise is coming to fruition. Today, around 6,000 gigawatt hours (GWh) of generation from Colorado coal plants could be replaced with 2 gigawatts of wind while reducing costs passed onto ratepayers — without threatening reliability.

It Takes a Portfolio: A Broad Spectrum of Policies Can Best Halt Climate Change

Market failures, political barriers, and other challenges help illustrate why many policies affect only limited segments of the economy. A broad spectrum of policies designed to overcome these market flaws can better arm policy makers with the tools they need to tackle climate change.