Providing support for ambitious implementation of the Climate Action Plan to achieve near-term emission reductions and to enable the Obama Administration to put forward an ambitious offer for the 2015 agreement.
Manish Bapna highlights five standout climate and energy stories of 2013, which point to signs that some businesses, consumers, and governments are moving toward a growing understanding of the risks of climate change. The question is whether this heightened awareness will shift a global course quickly enough to reduce negative climate impacts. This blog post was originally published at Forbes.
Wisconsin has already taken strides to reduce its near-term power sector CO2 emissions by implementing cost-effective clean energy policies. And the state has the opportunity to go even further. In fact, new WRI analysis finds that Wisconsin can reduce its CO2 emissions 43 percent below 2011 levels by 2020 by extending its existing clean energy policies and taking advantage of existing infrastructure. Achieving these reductions will allow Wisconsin to meet even ambitious EPA power plant emissions standards, which are due to be finalized in 2015.
A new study in the Proceedings of the National Academy of Sciences sheds light on a question that continues to vex industry executives and policymakers alike: How significant are fugitive methane emissions from oil and gas production?
As the U.S. Environmental Protection Agency (EPA) moves forward with standards to reduce power plant emissions—which are due to be finalized in June 2015—many states are wondering how they will comply. WRI’s fact sheet series, Power Sector Opportunities for Reducing Carbon Dioxide Emissions, examines the policies and pathways various states can use to cost-effectively meet or even exceed future power plant emissions standards. This post explores these opportunities in Colorado. Read about additional analyses in this series.
Colorado is generating more electricity than it has in the past, but it’s doing so while emitting less carbon dioxide pollution thanks to ongoing efforts to ramp down coal use. And the state has the potential to go even further. In fact, new WRI analysis finds that Colorado can reduce its CO2 emissions 29 percent below 2011 levels by 2020 just by complying with current policies and taking advantage of existing infrastructure. Achieving these reductions will allow Colorado to meet moderately ambitious EPA power plant emissions standards, which are due to be finalized in 2015.
Like all U.S. states, Illinois will need to reduce its power sector carbon dioxide (CO2) emissions in order to alleviate climate change impacts and comply with future EPA standards. The good news is that the state has already taken steps to reduce its emissions, including saving energy and increasing its use of renewable energy sources. And, Illinois has the potential to go even further. New WRI analysis finds that Illinois can reduce its CO2 emissions 35 percent below 2011 levels by 2020 just by complying with current policies and taking advantage of existing infrastructure. Achieving these reductions will allow Illinois to meet or exceed moderately ambitious EPA power plant emissions standards, which are due to be finalized in 2015.
U.S. public financing for overseas coal-fired power is likely coming to an end.
That’s the clear signal from the U.S. Department of Treasury’s announcement earlier this week. At institutions like the World Bank, where the United States is the largest shareholder, this decision holds real significance.
Pennsylvania is generating more electricity than it has in the past, but the good news is that it’s doing so while emitting less carbon dioxide pollution. In fact, new WRI analysis finds that Pennsylvania can reduce its CO2 emissions 21 percent below 2011 levels by 2020 just by complying with current policies and taking advantage of existing infrastructure. Achieving these reductions will allow Pennsylvania to meet moderately ambitious EPA power plant emissions standards, which are due to be finalized in 2015.
Earlier today, the Intergovernmental Panel on Climate Change (IPCC) released the Summary for Policymakers of Working Group I’s (WGI) portion of the 5th assessment report (AR5) on climate change. The report, focused on the physical science of our climate system, confirms the overwhelming scientific consensus that the world is warming and human activities are responsible.
Yesterday, the Obama Administration released the sixth U.S. Climate Action Report (CAR6) for public review, to be submitted to the United Nations Framework Convention on Climate Change (UNFCCC) in January 2014. The report, which all developed countries are required to complete, outlines U.S. historical and future greenhouse gas (GHG) emissions, actions the country is taking to address climate change, and its vulnerability to climate change impacts. This report follows the President’s recently announced Climate Action Plan, which, as the CAR6 report shows, could enable the United States to meet its international commitment of reducing emissions 17 percent below 2005 levels by 2020—if it acts ambitiously, that is.
However, as the report acknowledges, U.S. government agencies will need to propose new rules and take other steps to implement the Climate Action Plan. CAR6 factors in this uncertainty and shows that implementation of the Climate Action Plan will result in reductions in the range of 14 to 20 percent below 2005 levels by 2020 (not taking into account land use). As WRI found in our report, Can The U.S. Get There From Here?, the Obama Administration can achieve a 17 percent emissions-reduction target only by taking ambitious “go-getter” action.
Now is a good time to reflect on what the United States has done over the past four years and what still needs to happen across the major emissions sources in order meet the national emissions-reduction goal and curb the effects of climate change.
EDITOR'S NOTE 11/18/13: After this blog post was published, the IPCC updated its Summary for Policymakers. The figures in this blog post have been updated to reflect new information.
The Intergovernmental Panel on Climate Change’s (IPCC) Fifth Assessment Report (AR5) has delivered an overwhelming consensus that climate change impacts are accelerating, fueled by human-caused emissions. We may have just about 30 years left until the world’s carbon budget is spent if we want a likely chance of limiting warming to 2 degrees C. Breaching this limit would put the world at increased risk of forest fires, coral bleaching, higher sea level rise, and other dangerous impacts.
When Will Our Carbon Budget Run Out?
The international community has adopted a goal for global warming not to rise above 2°C compared to pre-industrial temperatures. Scientists have devoted considerable effort to understanding what magnitude of emissions reductions are necessary to limit warming to this level, as the world faces increasingly dangerous climate change impacts with every degree of warming (see Box 1).
IPCC AR5 summarizes the scientific literature and estimates that cumulative carbon dioxide emissions related to human activities need to be limited to 1 trillion tonnes C (1000 PgC) since the beginning of the industrial revolution if we are to have a likely chance of limiting warming to 2°C. This is “our carbon budget” – the same concept as a checking account. When we’ve spent it all, there’s no more money (and the planet’s overdraft fees will be much more significant than a bank’s small charges for bounced checks).[^1]