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    The U.S. Fast-Start Finance Contribution

    The U.S. FSF contribution of $5.1B reflects a positive effort made in challenging political and economic circumstances, but there is more to be done. Congress and key agencies have increased funding for climate change objectives relative to the pre-FSF period, and have begun to integrate climate...

  • Blog post

    How the EPA’s New Oil and Gas Standards Will Reduce Greenhouse Gas Emissions

    The U.S. Environmental Protection Agency recently issued final rules to reduce air pollution at natural gas wells and other sources in the oil and gas industry. The rules—a New Source Performance Standard (NSPS) for volatile organic compounds (VOCs) and National Emissions Standards for hazardous air pollutants—establish the first federal standards for emissions from production wells (natural gas processing plants were already covered). They are designed to limit the release of VOCs and other air toxics that contribute significantly to smog and are associated with a wide range of adverse health effects. (For more on the oil and gas rules, see M.J. Bradley & Associates’ Issue Brief.)

    In addition to reducing VOC and air toxics emissions, these rules will help reduce methane emissions from shale gas development. According to the EPA, there are over 11,000 new hydraulically fractured wells each year, and while water-related environmental concerns have received the lion’s share of public attention and are the focus of EPA’s ongoing hydraulic fracturing study, uncontrolled emissions from hydraulic fracturing can negatively impact air quality and the climate.

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  • Blog post
  • Blog post

    Coming Up: Assessments of UK and US Fast-Start Finance

    Under the United Nations Framework Convention on Climate Change (UNFCCC), developed countries have pledged to provide “fast-start” finance approaching USD 30 billion for the period 2010-2012. Now, in the final year of the fast-start period, these countries are under pressure to demonstrate that they are meeting this pledge. But divergent viewpoints on what constitutes fast-start finance – coupled with unharmonized approaches to delivering and reporting on it – complicate such an assessment.

    Starting in May 2012, the Open Climate Network (OCN) will release a series of reports that aims to shed light on these discussions by clarifying how developed countries are defining, delivering, and reporting their fast-start finance.

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  • Blog post

    Launch of New Online Power Almanac of the American Midwest

    This post was written by Nicholas Bianco, Senior Associate, WRI, and Rolf Nordstrom, Executive Director, Great Plains Institute

    We are launching a new online tool, the Power Almanac of the American Midwest, that will assist government officials, industry leaders, energy analysts and others in making informed energy decisions in the region. The Almanac integrates key energy and environmental data from some 50 disparate sources, tailored to the Midwest region, in a graphic and easy-to-use way.

    The Almanac is built around a dynamic interface that allows users to explore the power sector through interactive Google maps, graphs, and charts. You can use it to learn more about an individual coal mine or power plant, or to compare wind and solar resources in the Midwest to the rest of the United States. You will also find a range of other useful background, including up-to-date information on relevant state and federal energy policies.

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  • Blog post

    Time to See Climate Action as Pro-Growth

    This piece was co-authored with Vinod Thomas, Director General of independent evaluation at the Asian Development Bank. It originally appeared in the South China Morning Post.

    China, South Korea, Russia, the United States and two dozen others face potential leadership transitions this year. The prospect for economic growth and prosperity is likely to be the central determinant of these events. Not on the agenda, however, is climate change. Yet, it should be - because our growing understanding of its science and economics warns us that people's welfare hinges on it.

    Greenhouse gas emissions in the atmosphere continue to climb at alarming rates. Temperatures are breaking records around the globe. The just-released report from the Intergovernmental Panel on Climate Change makes a link between more intense rainfall and more extreme temperatures with man-made climate change.

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Shedding Light on Fast-Start Finance

How much fast-start climate finance is actually flowing, and where is it being spent?[^1] This question has come up repeatedly alongside the United Nations Framework Convention on Climate Change (UNFCCC) climate talks in Bonn this week.

Today the World Resources Institute (WRI) and Overseas Development Institute (ODI) published two working papers examining the fast-start contributions of the UK and US (GBP 1.06 billion and USD 5.1 billion, respectively). These papers seek to shed light on how developed countries are defining, delivering, and reporting fast-start finance. A similar paper on Japan’s contribution is under development, led by the Tokyo-based International Group for Environmental Strategies (IGES). The studies are carried out in collaboration with the Open Climate Network (OCN).

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The U.S. Fast-Start Finance Contribution

The U.S. FSF contribution of $5.1B reflects a positive effort made in challenging political and economic circumstances, but there is more to be done. Congress and key agencies have increased funding for climate change objectives relative to the pre-FSF period, and have begun to integrate climate...

How the EPA’s New Oil and Gas Standards Will Reduce Greenhouse Gas Emissions

The U.S. Environmental Protection Agency recently issued final rules to reduce air pollution at natural gas wells and other sources in the oil and gas industry. The rules—a New Source Performance Standard (NSPS) for volatile organic compounds (VOCs) and National Emissions Standards for hazardous air pollutants—establish the first federal standards for emissions from production wells (natural gas processing plants were already covered). They are designed to limit the release of VOCs and other air toxics that contribute significantly to smog and are associated with a wide range of adverse health effects. (For more on the oil and gas rules, see M.J. Bradley & Associates’ Issue Brief.)

In addition to reducing VOC and air toxics emissions, these rules will help reduce methane emissions from shale gas development. According to the EPA, there are over 11,000 new hydraulically fractured wells each year, and while water-related environmental concerns have received the lion’s share of public attention and are the focus of EPA’s ongoing hydraulic fracturing study, uncontrolled emissions from hydraulic fracturing can negatively impact air quality and the climate.

Share

Coming Up: Assessments of UK and US Fast-Start Finance

Under the United Nations Framework Convention on Climate Change (UNFCCC), developed countries have pledged to provide “fast-start” finance approaching USD 30 billion for the period 2010-2012. Now, in the final year of the fast-start period, these countries are under pressure to demonstrate that they are meeting this pledge. But divergent viewpoints on what constitutes fast-start finance – coupled with unharmonized approaches to delivering and reporting on it – complicate such an assessment.

Starting in May 2012, the Open Climate Network (OCN) will release a series of reports that aims to shed light on these discussions by clarifying how developed countries are defining, delivering, and reporting their fast-start finance.

Share

Launch of New Online Power Almanac of the American Midwest

This post was written by Nicholas Bianco, Senior Associate, WRI, and Rolf Nordstrom, Executive Director, Great Plains Institute

We are launching a new online tool, the Power Almanac of the American Midwest, that will assist government officials, industry leaders, energy analysts and others in making informed energy decisions in the region. The Almanac integrates key energy and environmental data from some 50 disparate sources, tailored to the Midwest region, in a graphic and easy-to-use way.

The Almanac is built around a dynamic interface that allows users to explore the power sector through interactive Google maps, graphs, and charts. You can use it to learn more about an individual coal mine or power plant, or to compare wind and solar resources in the Midwest to the rest of the United States. You will also find a range of other useful background, including up-to-date information on relevant state and federal energy policies.

Share

Time to See Climate Action as Pro-Growth

This piece was co-authored with Vinod Thomas, Director General of independent evaluation at the Asian Development Bank. It originally appeared in the South China Morning Post.

China, South Korea, Russia, the United States and two dozen others face potential leadership transitions this year. The prospect for economic growth and prosperity is likely to be the central determinant of these events. Not on the agenda, however, is climate change. Yet, it should be - because our growing understanding of its science and economics warns us that people's welfare hinges on it.

Greenhouse gas emissions in the atmosphere continue to climb at alarming rates. Temperatures are breaking records around the globe. The just-released report from the Intergovernmental Panel on Climate Change makes a link between more intense rainfall and more extreme temperatures with man-made climate change.

Share

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