This chart presents total net greenhouse gas reductions achieved by the APA, the CLEARA and the ACESA relative to U.S. historical and projected emissions under the three reduction scenarios..
Putting a price on carbon can be an effective policy to spur innovation, create lasting economic growth, and help the United States achieve its carbon reduction goals.
As the federal government gets started implementing a national Climate Action Plan, the country’s boldest state-level experiment is making strong progress. Yesterday, California announced the results of its latest auction of carbon pollution permits, completely selling out of its permits for future carbon pollution for the first time. The increased demand for these pollution permits reflects an encouraging development: Confidence in California’s climate action program is growing, and its long-term future is becoming more and more certain.
Bringing together some of the world’s foremost economic experts to contribute to the global debate about climate change and economic policy, and to inform government, business and investment decisions.
Building support for climate change action by ensuring policy makers, media and citizens are aware of local U.S. climate impacts.
As I prepare to take part in an event on hurricanes and extreme weather in Miami, Florida later today, it’s clear just how much climate change threatens the state’s local communities. Florida is the most vulnerable U.S. state to sea-level rise, with seas projected to rise along the state’s coast by as much as 2 feet by 2060--threatening valuable infrastructure, homes, and communities. Even Superstorm Sandy--which had the greatest impacts in New York and New Jersey--caused significant damages along Florida’s east coast while centered miles offshore. Rising seas contributed to Sandy’s storm surge and tidal surges, causing flooding throughout Miami-Dade County and sweeping away portions of State Road A1A in Fort Lauderdale.
But as overly concerned as I am of the climate change impacts Florida faces, I’m also encouraged. Florida has something that few other states have: A bipartisan collaboration to address global warming’s disastrous impacts.
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.
The passage of the American Climate and Energy Security bill by the House of Representatives in June 2009 represents the biggest step yet taken toward an ambitious national climate policy. The bill sets forth a long-term roadmap to shift the U.S. economy to a low carbon path.
John Larsen is a senior associate on WRI’s forty-person climate team. For three years, he has analyzed the greenhouse gas emission reduction trajectories in numerous proposals in the run-up to the bill.
“There’s a real appetite on Capitol Hill for WRI’s objective research and analysis,” says Larsen. “Lawmakers turn to our climate experts to better understand the bill’s impact on complex issues like U.S. competitiveness, trade, and jobs.” Larsen’s own work helped inform the bill’s targets and timetables. WRI, he believes, helped make the bill as strong as politically possible. No bill would have been possible without buy-in from the business community. As a co-founder of the U.S. Climate Action Partnership (USCAP), WRI helped bring leading businesses and environmental organizations together to urge significant and mandatory regulation of greenhouse gas emissions. USCAP recommendations helped shape the bill’s provisions and were widely cited in Congress as a basis for the legislation.
President Obama Signs Executive Order Committing U.S. Federal Agencies To Reduce Greenhouse Gas Emissions
In October 2009, President Obama signed Executive Order (EO) 13514 on Leadership in Environmental, Energy, and Economic Performance, requiring the federal government to lead by example towards a clean energy economy and measure, report and reduce, direct and indirect greenhouse gas emissions. The EO also set an important precedent by mandating that a national government reduce GHG emissions from its own operations.
“Every year, the Federal Government consumes more energy than any other single organization or company in the United States,” said President Obama. “That energy goes towards lighting and heating government buildings, fueling vehicles and powering federal projects across the country and around the world. The government has a responsibility to use that energy wisely, to reduce consumption, improve efficiency, use renewable energy, like wind and solar, and cut costs.”
The collective emissions reduction targets established by the EO (a 28% total reduction in scope 1 (direct emissions) and scope 2 (indirect emissions associated with purchased electricity) below 2008 levels by 2020 and a 13% reduction in scope 3 (other indirect emissions)) will ensure significant reductions in the U.S., while demonstrating that ambitious reductions are achievable by other large U.S. entities and corporations. By including scope 2 and 3 emissions, the EO will also drive important shifts throughout the government’s vast supply chain.
To comply with the EO, agencies will conduct GHG inventories based on the GHG accounting principles articulated in the newly developed GHG Protocol for the US Public Sector, which outlines how government agencies in the U.S. – whether federal, state or local – should develop a GHG inventory. WRI coordinated a large stakeholder process to develop this protocol that included over 50 U.S. agencies, ensuring its relevance and utility to the government. This extensive engagement during the process also built capacity within the federal agencies for effective emissions measurement and management. The federal government also drew upon the principles in the draft of the GHG Protocol Corporate Value Chain (Scope 3) Standard in developing rules to account for Scope 3 emissions.