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  • Blog post

    Getting on Track: Why We Need Greenhouse Gas Standards for Existing U.S. Power Plants

    This week, the Natural Resources Defense Council (NRDC) released a new proposal detailing how they would like the U.S. Environmental Protection Agency (EPA) to reduce greenhouse gas (GHG) emissions from existing power plants. Their analysis predicts that their proposal would reduce power sector GHG emissions 26 percent below 2005 levels in 2020, or 17 percent below 2011 levels.

    Standards for existing plants are essential if the United States is to make meaningful strides toward a low-carbon economy. NRDC’s proposal provides a valuable contribution to the ongoing discussion about how best to design these standards.

    U.S. Emissions Are on an Unsustainable Path

    Even though the United States has made progress on reducing emissions – most notably through the Obama administration’s new standards for passenger vehicles – we need more action if the country is to prevent climate change’s worst impacts. While U.S. energy emissions have fallen nearly 9 percent below 2005 levels, these trends are not expected to continue without ambitious new climate and energy policies. This is the clear takeaway from both the U.S. Energy Information Administration’s Annual Energy Outlook 2012 and a recent analysis by Dallas Burtraw and Matthew Woerman at Resources for the Future.

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  • Blog post

    Confronting the Reality of a Rapidly Warming World

    This post originally appeared on Bloomberg.com.

    The reality of a world with more extreme weather events, rising seas, and longer droughts is becoming clearer by the day. Even more troubling is that we are on course for still greater changes to our planet in the years ahead.

    That’s the key takeaway from a major new report by the World Bank, which examines the impact of a 4 degrees Celsius warmer world. At the same time, new analysis from WRI finds that there are nearly 1,200 proposed coal plants worldwide. If these plants come online, our chances of staying within 2 degrees of warming—the level recommended to prevent the worst consequences of climate change—would be nil.

    4 Degrees of Warming Could Reshape Our World

    The World Bank is not prone to hyperbole. Its warning that we could be heading to 4 degrees of rising global temperatures should be taken extremely seriously by leaders around the world. The World Bank’s assessment reaffirms what many of us already understand: scientific evidence of human-caused global warming is unequivocal. Given that it took little more than 4 degrees of cooling to create the last Ice Age, it would be hard to overstate how 4 degrees of warming could reshape our world by the end of this century.

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  • Publication

    Global Coal Risk Assessment

    Data Analysis and Market Research

    Coal-fired power plants are a major source of greenhouse gas emissions—one that could be increasing significantly globally. This working paper analyzes information about proposed new coal-fired plants and other market trends in order to assess potential future risks to the global climate....

  • Blog post

    Delivering the Clean Energy Economy: Why Policy Matters

    The global renewable energy industry has experienced dramatic growth in recent years. Renewable energy capacity (excluding hydropower) has more than doubled since 2005. In 2011, new clean energy investments reached a record $257 billion (a six-fold increase from 2004), and approximately half of the world’s new electric capacity came from renewable sources. These gains came despite the tumultuous backdrop of a global financial crisis and a rapidly changing clean energy technology industry - one that’s experiencing increased global competition, rapidly falling industry prices, and oversupply in the solar photovoltaic (PV) and wind sectors.

    However, the benefits of the clean energy industry have not been shared evenly around the world. WRI’s new working paper, Delivering on the Clean Energy Economy, shows that countries have varied widely in their success of growing renewable energy industries that achieve both global competitiveness and domestic benefits. The main reason for this variation lies in the types of national policies the countries have in place.

    According to our new research, countries who have been successful with their clean energy development have:

    • Taken a Comprehensive Approach: Policies are integrated at the national level

    • Sustained Policy in a Predictable Manner: Policies have an established lifetime of at least three-to-four years to enhance industry certainty

    • Implemented Targeted Policies: Policies address the needs of different technologies and target the needs of the entire value chain

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  • Publication

    Delivering on the Clean Energy Economy

    The Role of Policy in Developing Successful Domestic Solar and Wind Industries

    This paper examines the development of the solar PV and wind industries across China, Germany, India, Japan, and the United States from 2001–2011. It takes a unique, comparative approach to track the policies and incentives put in place by these key competitors, documents the state of play in...

  • Blog post

    3 Myths About America's Clean Energy Future

    This post originally appeared on Forbes.com.

    Now that the election is over, elected officials need to return to the important act of governing. Building a low-carbon energy future will be essential for the country’s continued prosperity and security.

    Yet in recent months, we have witnessed a heated national debate—and significant misinformation—about public investment in clean energy and the government’s role in America’s energy future. Below, we seek to inform a path forward on this critical issue by separating fact from fiction.

    Myth 1: Funding Renewable Energy Is a Waste of Taxpayers’ Money

    In fact, federal investments in solar, wind, and geothermal companies, largely through stimulus funds, proved to be a success.

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  • Blog post

    Policy Experts Provide Insights into China’s Leadership Transition

    This post was co-authored by Dominique Labaki, an intern with WRI's External Relations department.

    Last Friday, experts from the ChinaFAQs Network and top media representatives participated on a press call on climate and energy policy under China’s incoming president, Xi Jinping, and other new leaders. The participants focused on the drivers underlying China’s energy and climate policies and actions. Key issues included whether the country can sustain its renewable energy growth, confront rising coal demand, and follow through on its climate change targets in the 12th five-year plan. All of these issues are emerging as the country faces its first major economic slowdown in more than a decade. This blog post highlights experts’ discussion during the press call.

    New Leadership and the 12th Five-Year Plan

    Kenneth Lieberthal, Senior Fellow in Foreign Policy and Global Economy and Development at Brookings, opened the discussion. As he explained, nearly 70 percent of China’s top leadership positions are expected to change in November, but the make-up of the Standing Committee of the Politburo remains uncertain. In Lieberthal’s view, China’s new leaders will first focus on domestic challenges, primarily around re-balancing the economy.

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  • Blog post

    What Is the Future of King Coal in China?

    This post originally appeared on WRI's ChinaFAQs site.

    When it comes to coal consumption, no other nation comes close to China. The country reigns as the world’s largest coal user, burning almost half of the global total each year. About 70 percent of China’s total energy consumption and nearly 80 percent of its electricity production come from coal, and its recent shift from being a historical net coal exporter to the world’s largest net coal importer took only three years.

    China’s great thirst for coal is undeniably troubling from a sustainable development standpoint. However, the situation may be changing. I recently joined three other experts to speak at a Congressional briefing entitled, “Why China Is Acting on Clean Energy: Successes, Challenges, and Implications for U.S. Policy.” While my fellow speakers spoke about the progress of clean energy development in China, I sought to explain how the growing constraints on coal development are acting as one factor pushing China to move more aggressively towards clean energy.

    Listen to the recording of WRI's press call on "China's Leadership Transition and Implications for Energy and Climate.

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  • Blog post

    White House’s Industrial Energy Efficiency Plan Will Boost Manufacturing, Curb Emissions

    Yesterday, President Obama signed an Executive Order establishing a national goal of deploying 40 gigawatts (GW) of new combined heat and power (CHP) and waste heat recovery (WHR) by the end of 2020, a 50 percent increase from 2010 capacity levels.

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5 Reasons India Needs a Green Power Purchasing Group

With more than 400 million of its 1.2 billion citizens without access to electricity, India needs extensive energy development. A new initiative aims to ensure that a significant portion of this new power comes in the form of renewable energy.

The Green Power Market Development Group

Today, WRI and the Confederation of Indian Industries (CII) launched the Green Power Market Development Group (GPMDG) in Bangalore, India. The group will help boost the country’s use of renewable energy like wind and solar power.

The public-private partnership brings together industry, government, and NGOs to build critical support for renewable energy markets in India. For starters, the group will connect potential industrial and commercial renewable energy purchasers with suppliers. A dozen major companies belonging to a variety of sectors—like Infosys, ACC, Cognizant, IBM, WIPRO, and others—have already joined the initiative and have committed to explore options for increasing their use of renewable energy.

The group also aims to make India’s clean energy development more mainstream. Green power buyers and generators in India currently face policy and regulatory barriers—such as high transmission costs and extensive approval processes. Through the GPMDG, the private sector will be able to work constructively with government agencies to instigate the types of renewable energy policies that will spur greater clean energy development.

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Communicating the "Financeability" of Energy Efficiency Projects (EEPs)

Guide to Data Needs for Financing EEPs in China

This guide will help companies be better prepared as they seek to secure attractive external financing for energy efficiency improvements at their facilities in China. The guide can be used by industry, energy services companies, and financiers to achieve a smoother financing process and prompt...

A Holiday Gift from the EPA: New Rules Will Cut Toxic Air Pollution from American Boilers

The U.S. Environment Protection Agency finalized the Boiler Maximum Achievable Control Technology (MACT) rule today to protect people from exposure to toxic air pollution from industrial, commercial, and institutional boilers. By encouraging industry to use cleaner-burning fuels and to make efficiency improvements, Boiler MACT will modernize U.S. industry, reduce toxins, and cut carbon pollution.

The Boiler MACT rules, which are required by the Clean Air Act amendments of 1990, will only target the most significant sources of toxic air pollution. Most boiler-based emissions come from a small handful of very large industrial and commercial facilities that operate coal, oil, and biomass-fired boilers. As such, according to EPA:

  • Fewer than 1 percent of all U.S. boilers will be required to reduce their emissions to levels that are consistent with demonstrated maximum achievable control technologies, or MACT standards. Operators of these types of boilers will have three years to reduce toxic air pollution and meet new emissions limits.

  • A larger subset of U.S. industrial, commercial, and institutional boilers (roughly 13 percent) would not be required to meet the specific MACT standards, but would need to reduce their toxic air emissions through other means (as described below).

  • About 86 percent of all U.S. boilers are relatively small, limited-use, or gas-fired boilers, and are not covered by the new rules.

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New Coal Report Underscores the Urgent Need for Global Clean Energy Development

The latest International Energy Agency’s (IEA) Medium-Term Coal Market Report 2012 re-confirms the dangerous path the world is on--a path of increasing dependence on coal, which carries serious environmental risks for people and the planet. According to the report, the world will burn 1.2 billion metric tons more coal per year by 2017 compared to today, surpassing oil as the world’s top energy source.

Coal already contributes 40 percent of global greenhouse gas emissions--the IEA projects this figure to grow to 50 percent over the next 25 years. Greenhouse gas emissions--which again reached record levels this year--are driving global climate change, the impacts of which we’re already seeing through more extreme weather events, droughts, and rising sea levels.

To alter course and avoid the worst impacts of climate change, we need a new approach that’s grounded by stable long-term policies, investments, and innovation that leads to a global transition to clean energy. While it may seem that the road to greater coal production is inevitable, the reality is that we can avoid this pathway--if we start now.

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Getting on Track: Why We Need Greenhouse Gas Standards for Existing U.S. Power Plants

This week, the Natural Resources Defense Council (NRDC) released a new proposal detailing how they would like the U.S. Environmental Protection Agency (EPA) to reduce greenhouse gas (GHG) emissions from existing power plants. Their analysis predicts that their proposal would reduce power sector GHG emissions 26 percent below 2005 levels in 2020, or 17 percent below 2011 levels.

Standards for existing plants are essential if the United States is to make meaningful strides toward a low-carbon economy. NRDC’s proposal provides a valuable contribution to the ongoing discussion about how best to design these standards.

U.S. Emissions Are on an Unsustainable Path

Even though the United States has made progress on reducing emissions – most notably through the Obama administration’s new standards for passenger vehicles – we need more action if the country is to prevent climate change’s worst impacts. While U.S. energy emissions have fallen nearly 9 percent below 2005 levels, these trends are not expected to continue without ambitious new climate and energy policies. This is the clear takeaway from both the U.S. Energy Information Administration’s Annual Energy Outlook 2012 and a recent analysis by Dallas Burtraw and Matthew Woerman at Resources for the Future.

Share

Confronting the Reality of a Rapidly Warming World

This post originally appeared on Bloomberg.com.

The reality of a world with more extreme weather events, rising seas, and longer droughts is becoming clearer by the day. Even more troubling is that we are on course for still greater changes to our planet in the years ahead.

That’s the key takeaway from a major new report by the World Bank, which examines the impact of a 4 degrees Celsius warmer world. At the same time, new analysis from WRI finds that there are nearly 1,200 proposed coal plants worldwide. If these plants come online, our chances of staying within 2 degrees of warming—the level recommended to prevent the worst consequences of climate change—would be nil.

4 Degrees of Warming Could Reshape Our World

The World Bank is not prone to hyperbole. Its warning that we could be heading to 4 degrees of rising global temperatures should be taken extremely seriously by leaders around the world. The World Bank’s assessment reaffirms what many of us already understand: scientific evidence of human-caused global warming is unequivocal. Given that it took little more than 4 degrees of cooling to create the last Ice Age, it would be hard to overstate how 4 degrees of warming could reshape our world by the end of this century.

Share

Global Coal Risk Assessment

Data Analysis and Market Research

Coal-fired power plants are a major source of greenhouse gas emissions—one that could be increasing significantly globally. This working paper analyzes information about proposed new coal-fired plants and other market trends in order to assess potential future risks to the global climate....

Delivering the Clean Energy Economy: Why Policy Matters

The global renewable energy industry has experienced dramatic growth in recent years. Renewable energy capacity (excluding hydropower) has more than doubled since 2005. In 2011, new clean energy investments reached a record $257 billion (a six-fold increase from 2004), and approximately half of the world’s new electric capacity came from renewable sources. These gains came despite the tumultuous backdrop of a global financial crisis and a rapidly changing clean energy technology industry - one that’s experiencing increased global competition, rapidly falling industry prices, and oversupply in the solar photovoltaic (PV) and wind sectors.

However, the benefits of the clean energy industry have not been shared evenly around the world. WRI’s new working paper, Delivering on the Clean Energy Economy, shows that countries have varied widely in their success of growing renewable energy industries that achieve both global competitiveness and domestic benefits. The main reason for this variation lies in the types of national policies the countries have in place.

According to our new research, countries who have been successful with their clean energy development have:

  • Taken a Comprehensive Approach: Policies are integrated at the national level

  • Sustained Policy in a Predictable Manner: Policies have an established lifetime of at least three-to-four years to enhance industry certainty

  • Implemented Targeted Policies: Policies address the needs of different technologies and target the needs of the entire value chain

Share

Delivering on the Clean Energy Economy

The Role of Policy in Developing Successful Domestic Solar and Wind Industries

This paper examines the development of the solar PV and wind industries across China, Germany, India, Japan, and the United States from 2001–2011. It takes a unique, comparative approach to track the policies and incentives put in place by these key competitors, documents the state of play in...

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