Climate & Energy

Climate & Energy

Obama talks energy on 60 Minutes

President-elect Obama was interviewed on 60 Minutes last night about the election and how he is preparing for the presidency. Obama noted early in the conversation that he’s “talking to top economic advisers about how we’re gonna create jobs, how …

Climate & Energy

… in my head

News that Obama and McCain are meeting today, along with Obama chief of staff-pick Rahm Emanuel and Sen. Lindsey Graham (R-S.C.), got me to thinking … what might that conversation be like? Obama: John, thanks for meeting with me today. …

Climate & Energy

Dingell implores colleagues to side with him on climate bill

A vote on who will lead a committee key to writing any climate legislation could come as early as this week. With the vote on his chairmanship of the House Energy and Commerce panel looming, Michigan’s John Dingell — a …

Climate & Energy

A concentrated solar BACT for new coal?

I recently listed a bunch of Best Available Control Technologies (BACT) for limiting CO2 emissions from new coal plants, following the landmark ruling by the EPA Environmental Appeals Board. But a leading expert on solar thermal baseload power points out …

Climate & Energy

Q: Does Dingell-Boucher have meaningful auctioning of CO2 permits before 2026?

A: No. The Dingell-Boucher climate bill has been criticized by many for having weak targets over the next two decades (see here). And even moderate Senators have doubts about using offsets as a major cost-containment strategy: "The emissions don’t have …

Climate & Energy

Why should we assume that a carbon tax will be simple and transparent?

I keep hearing that a carbon tax is obviously superior to a cap-and-trade system because it is “simpler and more transparent.” This has always struck me as a classic case of petitio principii — Latin for starting your argument on …

Business & Technology

Bush: all the bailout, none of the social benefits

I see that Bush is delightful as always: Complaining about what it termed partisan "gridlock" in Congress, the White House late Friday called on lawmakers to let U.S. auto makers get quick access to a $25 billion federal loan program, …

Climate & Energy

Coal stocks drop in wake of EPA Bonanza decision

A friend wrote and suggested that I check the stock prices for coal companies in the wake of Thursday’s EPA decision. Well looky here! As of Friday: Peabody Energy Corp Change: 2.40 (8.14%) Arch Coal Inc Change: 2.22 (12.28%) Duke …

Climate & Energy

Not investment advice

According to the DOE (see this excellent powerpoint [PDF] by the DOE Solar America program), U.S. electricity demand will grow by 386 terrawatt hours by 2015. According to the EPA, those new electrons won’t come from coal. And there’s no …