For the most part, Ecosystem Markets still linger in the early stages of development. There is much more theoretical work to be done to set up environmental credit markets, including carbon offsets and payments for watershed services. But more pilot projects can also help these markets evolve and show how they might work in the real world.
Development pressures in the U.S. South often mean that forests are worth more cut down than left standing. In the U.S. South alone, the U.S. Forest Service estimates that suburban encroachment will convert approximately 31 million acres (approximately 14 percent of 2010 southern forest area) of southern forests to development between 1992 and 2040.
On March 9, 2012, the Ohio Public Utility Commission hosted a workshop for the Pilot Program on Combined Heat and Power, which it has launched in partnership with the U.S. Department of Energy (DOE). The workshop convened industrial companies, energy experts, and state-level policymakers to discuss the role of Combined Heat and Power (CHP) technology in complying with upcoming federal Boiler MACT (Maximum Achievable Control Technology) standards. The CHP pilot program in Ohio is an important precedent that recognizes the potential for U.S. industry to raise its energy productivity while improving the health of workers and surrounding communities.
The U.S. Environmental Protection Agency (EPA) is expected to propose greenhouse gas emissions standards for new power plants soon. This represents an important step forward in reducing U.S. emissions, as the power sector has some of the largest opportunities for reducing greenhouse gas emissions.
For too long, the United States has lacked a clear, national energy policy. Today, Senator Bingaman took a step in that direction by introducing the Clean Energy Standard Act of 2012 (CESA), which would create certainty for clean energy investments, diversify the U.S. power mix, and yield meaningful carbon emissions reductions.
Forested watersheds of the southern United States provide numerous services to the region. At no cost, they purify water, control flooding and erosion, and provide places for people to relax and have fun. Yet despite their value, many watersheds are under threat from development and poor land management.
“Payments for Watershed Services” (PWS) programs are one strategy to keep watersheds healthy. Through a PWS program, landowners receive financial incentives to conserve, sustainably manage, and/or restore watersheds to yield the kinds of benefits described above.
Policymakers at all levels of government are focusing on getting the economy moving again. Recent economic news suggests that the manufacturing sector, which has struggled in recent decades and lost 30% of its workforce between 2000 and 2010, is leading the U.S. out of recession.
By including industrial energy efficiency as a core component of economic development strategies, policymakers can help ensure that today’s capital investments in infrastructure and industry leave U.S. manufacturers better positioned to compete in the 21st century.
This piece was written with Josh Donlan and James Mulligan of Advanced Conservation Strategies.
Hundreds of imperiled wildlife species across the country are candidates for protection under the Endangered Species Act (ESA), yet landowners currently have very little financial incentive to protect them.
WRI’s new issue brief, Insights from the Field: Forests for Species and Habitat, released jointly with Advanced Conservation Strategies, details the insights from a pilot market-based initiative to conserve one such candidate species, the gopher tortoise, and the southern forests on which it relies. This pilot can serve as a model for conservation across the country, most notably for other ESA candidate species like the lesser prairie chicken and greater sage grouse (see box).
This piece originally appeared on The Huffington Post.
In his annual State of the Union address, President Obama declared: “I will not walk away from clean energy.”
His words were a sharp rebuttal to critics harping on the Solyndra bankruptcy and others making dire predictions about the downfall of the renewable energy industry.
So, who is right? Will 2012 be a breakthrough year for renewable, or will it collapse?