WRI provides strategic advice on the development of best practices, regulations, and standards for CCS and participates in the development of national and international strategies for CCS deployment, consistent with environmental and social integrity.
A unique network of civil society organizations dedicated to promoting transparent, inclusive and accountable decision-making in the electricity sector.
Michael Obeiter, a Senior Associate at WRI, also contributed to this post.
With today’s announcement of a national climate action plan, President Obama is pushing forward to tackle the urgent challenge of climate change. This is the most comprehensive climate plan by a U.S. president to date. If fully and swiftly implemented, the Obama Administration can truly reset the climate agenda for this country.
The plan looks to reduce harmful greenhouse gas emissions in a comprehensive way and takes on the question of how to protect the country from the devastating climate-related impacts we are already seeing today. With a clear, national strategy in place – and concrete steps to implement it – the administration can protect people at home and encourage greater ambition internationally.
Importantly, the president is recommitting the United States to meet its target of reducing greenhouse gas emissions by 17 percent below 2005 levels by 2020. WRI’s recent analysis demonstrates that meeting this target is achievable, but requires ambitious action across many sectors of the economy. WRI identifies four areas with the greatest opportunity for emissions reductions – power plants, energy efficiency, hydrofluorocarbons (HFCs), and methane – which are all specifically included in the plan.
The plan is also notable for addressing climate impacts and encouraging increased international engagement. Together, these steps can help the United States reclaim lost ground on climate change. While there are many details to be worked out, this plan is a welcome step to putting the United States on a pathway to a safer future.
Now, let’s look at some of the specific elements in the plan:
This data collection focuses on the solar PV and wind industries in China, Germany, India, Japan, and the United States (U.S.) It provides a historical cross-country set of indicators that shows trends in industry development in terms of size, installed capacity, and jobs created (where available
The world’s two largest greenhouse gas emitters—the United States and China—have been forging a growing bond in combating climate change. Just last week, President Obama and President Xi made a landmark agreement to work towards reducing hydrofluorocarbons (HFCs), a potent greenhouse gas. And both the United States and China are leading global investment and development of clean energy. The United States invested $30.4 billion and added 16.9 GW of wind and solar capacity in 2012. China invested $58.4 billion and added 19.2 GW in capacity.
U.S.-China cooperation on clean energy was the topic of discussion at an event last week at the Woodrow Wilson International Center’s China Environment Forum. Experts from the World Resources Institute and the American Council on Renewable Energy (ACORE) looked at this cooperation from a seldom-discussed viewpoint – China’s renewable energy investments in the United States.
China’s Growing Overseas Investments in Renewable Energy
As new WRI analysis shows, Chinese companies have made at least 124 investments in solar and wind industries in 33 countries over the past decade (2002 – 2011). The United States is the number one destination of these investments, hosting at least eight wind projects and 24 solar projects. The majority of the investments went into solar PV power plant and wind farm development, while a few investments went into manufacturing or sales support.
This post originally appeared on the National Journal's Energy Insiders blog.
Climate change impacts are already being felt in the United States and around the world. The latest International Energy Agency (IEA) report confirms that energy-related carbon dioxide emissions hit an all-time high last year.
Is it time to give up on reducing emissions? Absolutely not.
Better to Pursue Climate Action Now
While things may look bad today, unchecked global warming will exponentially increase the human and economic toll of responding to a permanently altered planet. A recent report from the World Bank outlines the devastating effects of a global temperature rise of 4 degrees Celsius (7.2 degrees Fahrenheit) above pre-Industrial levels: flooding of coastal cities, risks to food production, unprecedented heat waves, increased frequency of killer storms, and more. This is not the future that we want to leave our children and grandchildren. Nor can we simply adapt to this future – even if we wanted to.
The IEA makes it clear that acting now will be less costly than waiting until later on. We should be moving toward a low-carbon future, investing in low-carbon energy systems, and preparing our infrastructure for oncoming climate impacts. According to the IEA, delaying action would increase the costs by having to retrofit energy sources and risking their becoming obsolete. The IEA lays out four sensible measures that countries can undertake to curb growth in GHG emissions by 2020—and which come at no net economic cost.
Another season of extreme weather events is upon us. A severe storm, with winds up to 70 miles per hour, whipped its way from Illinois to Washington, D.C. Meanwhile, Colorado is experiencing one of its worst wildfires in history—the Black Forest Fire has burned 15,700 acres, displaced more than 38,000 people, and impacted 13,000 homes. These events are reminders of what the world will look like as our climate system moves into increasingly dangerous and unfamiliar territory.
This week also brought a trifecta of events with significant implications for climate change.
The latest report from the International Energy Agency revealed that energy-related carbon dioxide emissions hit an all-time high in 2012. These emissions are driving up global temperatures and increasing climate instability. The IEA concludes that it’s not too late to change course, but the window for action is closing rapidly.
Our current response to climate change is grossly inadequate. Fortunately, there are some signs that the winds are starting to change.
This post originally appeared on Forbes.com.
When President Obama and China’s President Xi Jinping meet in California this week, they will be seeking to build trust and chart a course for improved relations. While tensions abound over various issues, clean energy and climate is one area where cooperation can work.
Last month, the United States and China released a statement declaring that joint action on climate change can “set the kind of powerful example that can inspire the world.” These two countries have the opportunity to tackle this global challenge, helping keep the world within 2 degrees Celsius of temperature rise, and embrace clean energy on the path to a low-carbon future.
Given the stakes, business leaders should be paying attention.
Clean energy is one of the most important growth sectors in the global economy. It has been projected that $2.3 trillion will be invested in clean energy by 2020, reaching $269 billion last year. China was the number world’s top clean energy investor in 2012, with a record $68 billion. China’s investments are not only within its borders. China’s total overseas investment in 2011 extended to over 130 countries and topped $60 billion.
WRI established its U.S. office in 1982. We work to improve water quality, increase awareness of local climate change impacts, and identify cost-effective emissions-reduction opportunities in the United States. Learn more about our Eutrophication and Hypoxia, Water Quality Trading, U.S. Local Climate Impacts Initiative, and U.S. Climate Action projects.
The first step in addressing the challenge of climate change is to define a consistent way to measure its causes. In April 2007, thirty-four U.S. states formed the Climate Registry to measure, track, verify, and publicly report GHG emissions accurately, transparently, and consistently across borders and industry sectors. The Registry will support voluntary, market-based, and regulatory GHG emissions reporting programs. The states joining represent 78% of the U.S. population, with impressive geographic, economic, and political diversity. WRI played a pivotal role in helping to convene this initiative and by providing technical consulting. Ideally, these standards and strategies will help support and provide a common template for federal climate change policies and programs.
One of America’s great natural resources, the 64,000 square mile Chesapeake Bay, is in a state of decline largely as a result of nutrient pollution from farms and wastewater treatment plants. Too many nutrients in the water can lead to explosive algae growth which in turn blocks out sunlight and absorbs oxygen. Aquatic life dies out. More than 400 coastal waterways worldwide suffer from adverse effects of nutrient over-enrichment, also known as eutrophication.
Three states with an impact on the Chesapeake Bay – West Virginia, Pennsylvania, and Maryland – have been working with WRI to set up and launch a state-based regional nutrient trading market. Farmers can now go online and sell the nitrogen and phosphorous reduction credits they earn from better conservation practices to municipalities and companies that must meet mandated water pollution reduction requirements. It’s similar to the cap-and-trade approach that has reduced acid rain.
The establishment of a robust water quality trading market in the Chesapeake region will not only help reduce hard to manage nutrient pollution, but it will serve as an example for other multi-state watersheds, such as the Mississippi River Basin, as they seek cost-effective solutions for addressing eutrophication.
An increasing number of U.S. states and Canadian provinces are enacting regulations to limit greenhouse gas (GHG) emissions. WRI has been an active contributor to this movement, providing critical technical and policy advice, and facilitating negotiations.
Arizona, California, Montana, New Mexico, Oregon, Utah, Washington, and four Canadian provinces recently agreed to collectively reduce GHG emissions by 15% of 2005 levels by 2020 and establish a cap-and-trade system. Under the plan, companies obtain permits for the emissions attributable to their operations. Cleaner, more efficient companies needing fewer permits may sell what they don’t need to those with larger emissions. This initiative is the largest effort of its kind in North America. Member states account for nearly 27% of total U.S. GHG emissions. Iowa, Illinois, Kansas, Michigan, Minnesota, and Wisconsin, along with Manitoba, have also agreed to design an emissions reduction market.
Both efforts build off of the experiences of the Regional Greenhouse Gas Initiative, a similar program among ten northeastern states targeting electric utilities that WRI helped create in 2005. Carbon trading began in September 2008.
Germany’s energy transition (or “Energiewende”) is the most ambitious current effort to put a large industrial economy onto a sustainable energy path, recognizing the 21st century reality of a climate-constrained world. If the world’s fourth largest economy demonstrates that this shift is possible without undermining economic growth, it could be a major factor in enabling a global energy transition. And with climate change intensifying – 2012 was the 36th straight year of above-average global temperature, and 2011 and 2012 each produced more extreme weather events costing over one billion dollars each than any other year in recorded history – reducing greenhouse gas emissions is imperative for any future energy system. Thus, the Energiewende is critical to the ongoing fight against global warming.
When President Barack Obama announced the country’s first national climate strategy, many people wondered what it would mean across the nation. Yet, the strategy may carry even more significant implications overseas.
The plan restricts U.S. government funding for most international coal projects. This policy could significantly affect energy producers and public and private investors around the globe.
As impacts from climate change become more visible and costly, leaders across the nation are responding. In the wake of projections from the University of Maryland’s Center for Environmental Science showing that Maryland could face sea-level rise of more than six feet by the end of the century, Governor Martin O’Malley unveiled a state climate action plan this week. The initiative will reduce greenhouse gas emissions while also supporting job creation and economic growth.
Last month, Death Valley, California experienced the highest June temperature ever recorded (129 degrees F!). Fires have been blazing in the western United States, leading to catastrophic losses of life. We’re barely more than a month into summer in the Northern Hemisphere, and it has started off extreme.
The Case of Midwest Pulp and Paper Mills
This report highlights the critical role of energy efficiency in improving the economic and environmental performance of Midwest pulp and paper mills. WRI’s analysis finds that less efficient facilities could realize significant annual energy cost savings, and decrease their greenhouse gas...
New energy efficiency legislation has been introduced by Senators Shaheen and Portman that could come before the U.S. Senate as early as this month. This bill, formally known as the Energy Savings and Industrial Competitiveness Act of 2013 (S. 761), provides goals, incentives, and support for energy efficiency efforts across the U.S. economy. Passage of this bill would be a positive step toward saving money through improved efficiency while helping reduce greenhouse gas emissions.