Richard W. Caperton

Richard W. Caperton is a policy analyst with the Energy Opportunity team at American Progress. He works on several issues related to the transition to a clean energy economy, including renewable energy finance and investment in energy infrastructure. Prior to joining American Progress, Richard was a policy fellow at the Alliance for Climate Protection and worked in government relations at the National Rural Electric Cooperative Association.

Energy Policy

Everyone wins with clean energy standards

Cross-posted from Climate Progress. Imagine if we could create jobs, increase renewable energy generation, improve air quality across the country, and reduce our carbon dioxide pollution — all at effectively zero cost to our economy. Wouldn’t that be great? Well, the Energy Information Administration (EIA) just informed us that we can do all of these things, by adopting a strong national clean energy standard. If you were to believe the hyperbole from the fossil fuel advocates, you would think that a clean energy standard would ruin the United States. For example, the Heritage Foundation recently declared that a similar policy …

Business & Technology

The Heritage Foundation is wrong in opposing all federal loans

Government loans create American jobs and help small businesses get off the ground.Cross-posted from Climate Progress. This year, hundreds of small businesses will expand operations with money borrowed from the government. Thousands of 18-year-olds will pay their freshman-year tuition with money borrowed from the government. Farmers will plant crops using money borrowed from the government. And countless communities in developing countries will clean their water with American-made products, or distribute life-saving American-made medications, which they will buy with money borrowed from the government. But, according to the Heritage Foundation, the bankruptcy of one company renders all of this irrelevant. In an …

Energy Policy

CBO: Clean energy standards are an affordable way to cut emissions

The Congressional Budget Office found that shifting to cleaner electricity generation is an affordable and effective way to reduce carbon emissions.

Energy Policy

Utilities and regulators design energy rates, regardless of the power source

We often talk about electric rates as if the only thing that goes into determining them is the power source. In some sense, this is right: If a utility’s power costs go up, and nothing else changes, the price they charge consumers will likely eventually go up. But, this understanding doesn’t fully appreciate the role of rate design in determining what the rate will be. When utilities — and utility regulators — design an electricity rate, they make numerous decisions that impact the price that consumers will ultimately pay, regardless of power source. Ignoring these other decisions can lead to …

Politics

Paul Ryan’s Big Oil budget halts energy innovation

Rep. Paul Ryan.Photo: Gage SkidmoreCross-posted from the Center for American Progress. House Budget Committee Chair Paul Ryan’s (R-Wis.) proposed fiscal year 2012 budget resolution is a backward-looking plan that would benefit Big Oil companies at the expense of middle-class Americans. It retains $40 billion in Big Oil tax loopholes while completely eliminating investments in the clean energy technologies of the future that are essential for long-term economic growth. This budget would lock Americans into paying high, volatile energy prices. It would ensure that millions of clean energy jobs are created oversees — not here in the United States. It is …

progress report

Taking on the global energy investment challenge

A report released today provides a progress report on commitments to clean energy development in China, India, Nigeria, and South Africa.