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Coal

Hottest Month On Record Portends Global Warming Speed Up

August 25, 2015 by Joseph Romm
5

Monthly Temps and Global Warming Risk

Last month was not just the hottest July on record. Since July is “the warmest month of the year globally,” NOAA’s latest monthly State of the Climate Report, notes that July 2015 “was also the highest among all 1627 months in the record that began in January 1880.”[read more]

Assessing the INDCs

August 24, 2015 by David Hone

Countries and their Contributions

It is now just 100 days until COP21 in Paris. The summer months have seen many INDCs submitted to the UNFCCC prior to the assessment deadline of October 1st. This is the date when the UNFCCC secretariat will start work on a synthesis report on the aggregate effect of the INDCs.[read more]

Major Fossil Fuel-Producing States Rely Heavily on Severance Taxes

August 24, 2015 by U.S. EIA: Today in Energy

Fossil Fuel Production and Taxes

Severance taxes accounted for less than 2% of state tax collections in 2014, but in three states severance taxes provided a much larger share of total state tax revenue in that year. Pennsylvania is considering a severance tax, and currently derives less than 1% of its revenues from a well head fee.[read more]

EPA Methane Rule: A Good Start Toward Meeting Administration's Landmark Goal

August 24, 2015 by EDF Energy Exchange

EPA Methane Rule

The U.S. Environmental Protection Agency took a big step recently, announcing the nation’s first methane pollution standards for the oil and gas industry. But to understand the impact of these new draft rules, it’s important to look at what they do – and what they don’t.[read more]

Troubles With America's First Clean Coal Plant Put Mississippi Power 'on the Brink of Bankruptcy'

August 20, 2015 by Stephen Lacey
3

Months after a landmark carbon capture project in Illinois was scrapped after losing government funding, the builder of America's first commercial-scale clean coal project in Kemper County, Mississippi is facing financial troubles due to soaring costs and long construction delays.[read more]

Syria Diplomacy and Oil: Geopolitics May Change Oil Outlook Dramatically Again

August 19, 2015 by Amy Myers Jaffe
3

As the U.S. Congress gears up to debate the merits of the nuclear deal signed between Iran and the P5+1 powers last July, the Obama Administration is working overtime to get Mideast diplomacy off the ground to prove that the politically controversial deal is paying the way for a better Middle East.[read more]

Out On A Limb: Energy Storage To Track Rapid Development Of Marcellus Shale, PV

August 19, 2015 by Dennis Wamsted
28

Storage and Energy Development

Predicting the future is hard, I get it, but it shocks me how abysmally wrong some of the smartest people in the business can be, even with the best information, such as a recent interview with John Rowe, who acknowledged that he and his executive team essentially missed the coming shale gas revolution.[read more]

Why the Pope is Wrong on Markets

August 18, 2015 by Maximilian Auffhammer
7

Pope Francis, Climate Change, and Markets

I recently read the 'Laudato Si,' which carries the subtitle “On care for our common home”. This is a well researched position paper which touches on a variety of topics and makes it very clear that the pope cares much more about distributional issues than the average economist.[read more]

Earth Overshoot: Running on Empty

August 18, 2015 by Tom Schueneman

Earth and the Limitations of Resources

According to data from the Global Footprint Network, August 13, 2015 was officially “Earth Overshoot Day.” We have now used nature’s entire budget for the year. Global Footprint Monitor tracks humanity’s demand on natural resources against nature’s ability to accommodate that demand, also known as biocapacity.[read more]

Hottest July On Record Keeps 2015 On Track To Crush 2014 For Hottest Year

August 17, 2015 by Joseph Romm
5

Global Temperature Records

NASA reports this was the hottest July on record. So we are now in “bet the mortgage” territory that 2015 will be the hottest year in NASA’s 125-year temperature record. In fact, 2015 is likely to crush the previous record — 2014 — probably by a wide margin.[read more]

Implicit Climate Subsidy Exceeds Profits at 20 Top Fossil Fuel Companies

August 14, 2015 by Chris Hope
21

Subsidies and Fossil Fuel Companies

I recently published a paper, along with my colleagues Paul Gilding and Jimena Alvarez. For 20 leading fossil fuel producing firms, we measured the economic cost to society of the climate change impacts caused by the use of their products, and compared this with their profits in each year from 2008 to 2012.[read more]

Obama Administration Taking Bold Action Before Paris Climate Summit by Finalizing Clean Power Plan

August 14, 2015 by NRDC Switchboard

This week, the United States Environmental Protection Agency released the finalized Clean Power Plan. This is the first ever regulation on carbon pollution from America's power plants. Under the Plan, the U.S. will reduce carbon pollution from power plants by 32 percent from 2005 levels by 2030.[read more]

How Smart Grid and Demand Response Could Fit Into the Clean Power Plan

August 13, 2015 by Jeff St. John
3

Clean Power Plan Compliance

Less dirty energy, more clean energy. These are the fundamental drivers of the Clean Power Plan's push to reduce greenhouse gas emissions, and while that’s a potential boon to wind and solar power, it could also provide a boost to technologies that can help integrate that renewable energy into the grid.[read more]

How Chinese Industry Can Cap Coal Consumption and Transition to Cleaner Production

August 13, 2015 by NRDC Switchboard

China and Coal Consumption

With the release of the Clean Power Plan, the United States has established a game-changing regulation that will reduce carbon pollution. China, meanwhile, has a chance to make just as important a contribution to addressing climate change by capping its coal consumption in key industries.[read more]

Understanding the EPA's Clean Power Plan

August 12, 2015 by David Doniger
2

What's in the CPP?

The Clean Power Plan announced by President Obama on August 3rd sets the first-ever limits on carbon pollution from power plants, the nation's largest source of the pollution driving dangerous climate change. Limiting carbon pollution from the nation's power plants is the biggest step we can take to fight climate chaos.[read more]