Climate policy

California is embarking on an audacious new climate plan that aims to eliminate the state’s greenhouse gas footprint by 2045, and in the process, slash emissions far beyond its borders. The blueprint calls for massive transformations in industry, energy and transportation, as well as changes in institutions and human behaviors. These transformations won’t be easy. Two years of developing the plan have exposed myriad challenges and tensions, including environmental justice, affordability and local rule. For example, the San Francisco Fire Commission had prohibited batteries with more than 20 kilowatt-hours of power storage in homes, severely limiting the ability to store solar electricity from rooftop solar panels for all those times when the sun isn’t shining. More broadly, local opposition to new transmission lines, large-scale solar and wind facilities, substations for truck charging, and oil refinery conversions to produce renewable diesel will slow the tran...

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New Zealand, where agriculture is one of the largest contributors to climate change, is proposing a tax on cow burps. The reason seems simple enough: Cows release methane, a potent greenhouse gas, and New Zealand has a goal of reaching net-zero emissions by midcentury. Right now, the country’s effects on climate change come roughly equally from carbon dioxide and methane. Worldwide, 150 governments have committed to cut methane emissions, both from agriculture and by cracking down on the largest source – fugitive leaks from natural gas pipelines and other fossil fuel infrastructure. But is methane from cows really as bad for the climate as methane from fossil fuels? And given its shorter lifetime in the atmosphere, is methane as bad as carbon dioxide? The answers involve renewable resources and the so-called circular economy. Understanding the effectiveness of different strategies is important as countries plan their routes to net-zero emissions, which is necessary...

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The planet is heating up as greenhouse gas emissions rise, contributing to extreme heat waves and once-unimaginable flooding. Yet despite the risks, countries’ policies are not on track to keep global warming in check. The problem isn’t a lack of technology. The International Energy Agency recently released a detailed analysis of the clean energy technology needed to lower greenhouse gas emissions to net zero globally by 2050. What’s needed, the IEA says, is significant government support to boost solar and wind power, electric vehicles, heat pumps and a variety of other technologies for a rapid energy transition. One politically popular tool for providing that government support is the subsidy. The U.S. government’s new Inflation Reduction Act is a multibillion-dollar example, packed with financial incentives to encourage people to buy electric vehicles, solar panels and more. But just how big do governments’ clean energy subsidies need to be to...

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The European Union is embarking on an experiment that will expand its climate policies to imports for the first time. It’s called a carbon border adjustment, and it aims to level the playing field for the EU’s domestic producers by taxing energy-intensive imports like steel and cement that are high in greenhouse gas emissions but aren’t already covered by climate policies in their home countries. If the border adjustment works as planned, it could encourage the spread of climate policies around the world. But the EU plan – which members of the European Parliament preliminarily agreed to on Dec. 13, 2022 – as well as most attempts to evaluate the impact of such policies, is missing an important source of cross-border carbon flows: trade in fossil fuels themselves. As energy analysts, we decided to take a closer look at what including fossil fuels would mean. In a newly released paper, we analyzed the impact and found that including fossil fuels in...

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As the U.S. prepares for another Trump administration, one area unambiguously in the incoming president’s crosshairs is climate policy. Although he has not released an official climate agenda, Donald Trump’s playbook from his last stint in the Oval Office and his frequent complaints about clean energy offer some clues to what’s ahead. Exiting the Paris climate agreement Less than six months into his first presidency, Trump in 2017 formally announced that he was withdrawing the United States from the Paris climate accord – the 2015 international agreement signed by nearly every country as a pledge to work toward keeping rising temperatures and other impacts of climate change in check. This time, a greater but underappreciated risk is that Trump will not stop at the Paris Agreement. Trump attends a session of the United Nations Climate Action Summit in 2019. When he announced he would pull the U.S. out of the Pari...

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