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How to Cut Carbon and Save Money: RGGI Delivers Yet Again

Yesterday the nine states that participate in the Regional Greenhouse Gas Initiative (RGGI) released a report that highlights the continuing success of the nation’s longest-running carbon market. The big takeaway: yes, it is possible to tackle our climate and energy challenges while delivering huge benefits to consumers! Read More

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Peabody Energy, the EPA Clean Power Plan, and Corporate Consistency on Climate Change

I’ve talked a lot here about companies’ positions on climate change and how they do or don’t agree with other statements and actions companies take—from alignment with their trade group’s position, to looking at how they talk about their own climate risks, to taking a broader look at all company actions to help or inhibit progress on addressing climate change. Read More

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Chevron, Exxon, Phillips 66 React to UCS’ Stormy Seas, Rising Risks Report

Last month, my colleague Christina Carlson and I released our report, Stormy Seas, Rising Risks: What Investors Should Know About Climate Change Impacts at Oil Refineries. The report analyzed the risk that five companies—Chevron, Exxon Mobil, Marathon Petroleum, Phillips 66, and Valero—face from sea level rise and storm surge, and compared that to what risk companies did and did not disclose to their investors. Read More

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Fracking in Colorado: Did the Oil and Gas Taskforce Finish Its Tasks?

When Colorado officials announced that they would set up a blue-ribbon taskforce charged with making informed recommendations on oil and gas development in the state, there were high hopes. In fact, I commended the state for establishing a strong procedure and promising mechanism for informed decision-making for fracking in Colorado. What an opportunity, I thought, for a science-informed decision in an otherwise science-lacking debate. Now that the commission has issued recommendations, it’s worth revisiting what happened. Did the taskforce succeed? Let’s walk through its moves. Read More

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U.S. Can Lead on Global Climate Action: Clean Power Plan Is a Linchpin

Today we are expecting the U.S. to make public its proposed contribution to the global effort to tackle climate change as part of the UNFCCC process. This announcement will come in the form of the so-called U.S. ‘Intended Nationally Determined Contribution’ or INDC. The Clean Power Plan to limit carbon emissions from power plants is a critical element of the emissions reductions that the U.S. can make by 2025. Read More

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Natural Gas: A Runaway Train or a Helping Hand?

The United States stands at an energy crossroads. Coal-fired power plants generated about half of our electricity as recently as 2007, but are now being retired at a record rate due to age, cost, and the need to cut carbon pollution. Aging nuclear power plants, which generate about twenty percent of our electricity, are also heading towards retirement, and few new plants are being built.

What will replace them? There are two paths forward. Read More

Categories: Energy, Fossil Fuels, Global Warming  

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Making Room for Renewables: Grid Integration Solutions for California’s Clean Energy Future

I’ve blogged many times about the clean energy policies California has in place that have made it a leader. The state is well on its way to supplying 33 percent of its electricity from renewable sources by 2020 and now, in a visionary step to dramatically reduce global warming emissions, is considering ways to increase that amount to 50 percent by 2030. Read More

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Oil is Changing: Five Facts About Oil You Should Probably Know from the Carnegie Oil Climate Index

Most drivers think of “fuel” as gasoline or diesel—an erratically priced liquid that powers our cars and gets us places. But gasoline isn’t the only fuel that we use—electricity and biofuels are major players with growing potential—and even oil itself isn’t homogenous. In fact, oil is changing, and though the gasoline or diesel you buy may not have changed, the sources and impacts of producing it are shifting in imperceptible but important ways. This week a distinguished group of experts from across North America released an Oil Climate Index that provides insight, data and models into the changing nature of oil, and what it means for the climate. Read More

Categories: Fossil Fuels, Vehicles  

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Risking Our Clean Energy Future by Gambling with an Overreliance on Natural Gas

Many U.S. electric utilities are doubling down on natural gas to generate power as they retire aging and polluting coal plants. While this unprecedented shift does provides some near-term benefits, dramatically expanding our use of natural gas to generate electricity is an ill-advised gamble that poses complex economic, public health, and climate risks. Read More

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Will the Clean Power Plan Enable a Risky Over-dependence on Natural Gas?

The EPA’s Clean Power Plan is a significant opportunity to accelerate a transition to a cleaner, more climate-friendly power system. But the final rule, due out this summer, must include improvements and safeguards that constrain the role of natural gas. The Natural Gas Gamble, a new UCS report released today, points out that deploying more renewable energy and energy efficiency can help limit the economic and climate risks of an over-dependence on natural gas. Read More

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