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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.)

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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.

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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.

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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.

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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.

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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?

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Punxsutawney Phil may have forecast six more weeks of winter, but for much of the country winter has not yet arrived. Once again, weird weather is dominating the headlines. Temperatures have recently hit highs of 63F in New York City and 72F in Washington, D.C., where cherry blossoms are already flowering.

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While much has been written from a theoretical perspective about markets for ecosystem services, few on-the-ground projects currently exist. Yet the projects that do exist provide one of the best windows onto what actually works in practice. That’s why WRI has issued a new brief, Insights from the Field: Forests for Climate and Timber to discuss an innovative initiative called the Carbon Canopy.

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This post was written with Sara-Katherine Coxon, Objective Coordinator at the World Resources Institute.

“Smog was a daily occurrence, something you could taste and see.”

This reflection came from William Ruckelshaus, the first U.S. EPA administrator, recalling the early 1970’s when he worked in the Nixon administration to pass the historic Clean Air Act.

He continued: “The result of this was a public deeply concerned about the environment, and a Congress which gave into public demand by setting federal laws to regulate emission levels.” Ruckelshaus was speaking at a roundtable discussion this week hosted by the World Resources Institute, moderated by Senator Tom Carper (D-Del.) and Senator Lamar Alexander (R-Tenn.). The event featured Ruckelshaus and former EPA Administrator William Reilly, as well as business and public health experts.

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On January 23, WRI will host a high-profile roundtable discussion on “The State of the Clean Air Act: Past, Present and Future.” The event will be moderated by Senator Tom Carper (D-Del.) and Senator Lamar Alexander (R-Tenn.), and will feature former EPA Administrators William Ruckelshaus and William Reilly, and other speakers.

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