Tag archives for Nicholas Institute for Environmental Policy Solutions
Stakes High as Negotiators Begin Climate Talks in Germany
Posted by Tim Profeta of Nicholas Institute for Environmental Policy Solutions, Duke University on May 17, 2012 Negotiators picked up discussions toward a new global climate treaty in Bonn, Germany this week. The meeting was the first since the 2011 17th Conference of the Parties (COP17) in Durban, where leaders initially agreed to put together a plan that would limit Earth-warming emissions. The stakes for the 10-day meeting are high—negotiators have set goals of building support for funding…
Keystone Pipeline Debate Reopens with Submission of New Application
Posted by Tim Profeta of Nicholas Institute for Environmental Policy Solutions, Duke University on May 10, 2012 The U.S. Department of State has received a new application from TransCanada—the company behind the controversial Keystone XL project—to ship crude oil via a proposed pipeline running from the Canadian border to existing infrastructure in Nebraska. TransCanada had its initial application rejected by the Obama administration in January. The reapplication to the U.S. State Department…
Arctic Oil Drilling Opens as Pitfalls Pondered Miles Away
Posted by Tim Profeta of Nicholas Institute for Environmental Policy Solutions, Duke University on April 26, 2012 Nearing record highs in March, gasoline prices have dropped for most of April across the U.S. and on average are cheaper than they were a year ago. As pump prices ease, federal prosecutors are turning up the heat in the BP oil spill case, arresting an ex-engineer accused of obstructing justice by deleting potentially damaging e-mails. And as the…
Obama Moves Ahead with Oil Sanctions as Gas Prices Climb
Posted by Tim Profeta of Nicholas Institute for Environmental Policy Solutions, Duke University on April 5, 2012 Before Congress headed home for spring recess, the Senate, with a rate vote of 100, approved President Obama’s new round of sanctions designed to deter Iran’s nuclear ambitions. The president’s decision was based on an analysis of current oil supply and the likely effect of further sanctions on prices. The Senate also shot down the president’s bid to reduce subsidies to oil producers. Oil…
More than 100 Coal Plants Shutting, but How Much Difference Will It Make?
Posted by Mason Inman on March 8, 2012 After public pressure, Chicago will shut two aging coal-fired power plants, and the owner of one of the power plants, Midwest Generation, may shut its other four coal plants in Illinois. Since the start of 2010, more than 100 coal plants have been slated for early retirement. A major reason for coal plants shutting has been public opposition to…
Rising Oil, Gasoline Prices Put Politicians on the Offensive
Posted by Mason Inman on March 1, 2012 In a major speech on energy at the University of Miami, President Obama said rising gasoline prices are a “painful reminder” of the need for alternatives. He was on the offensive, trying to counter criticisms of the GOP presidential candidates—including Newt Gingrich, who promised he’d get gasoline down to $2.50 a gallon. Countering calls to “drill, baby,…
Maldives President and Climate Advocate Forced at Gunpoint to Step Down
Posted by Mason Inman on February 9, 2012 Maldives leader Mohamed Nasheed, called the “world’s most environmentally outspoken president” because of his calls for drastically cutting greenhouse gas emissions, was forced to resign—at gunpoint, he claimed. He had used stunts such as an underwater cabinet meeting to highlight his island nation’s vulnerability to sea-level rise. His resignation followed weeks of protests and was apparently motivated by internal politics unrelated to…
Oil, Gasoline Prices Hit All-Time Highs in 2011—and May Continue Rising
Posted by Mason Inman on January 12, 2012 Average prices of oil and gasoline at the pump reached an all-time high in 2011, according to U.S. Energy Information Administration data. Brent crude oil, the global benchmark, averaged $111 a barrel—the first time it broke $100 for a whole year. In some ways, these records snuck up on Americans, since there was no extreme…
Fight Over Tar Sands Pipeline May Lead to Cancellation, “Huge” Consequences
Posted by Mason Inman on January 5, 2012 In November, the Obama administration decided to delay a decision on whether to approve the Keystone XL pipeline to bring tar sands from Canada to the United States. But in December, Republicans attached a provision to a tax bill, which President Obama signed, that urges the administration to decide on the pipeline within 60 days,…
As Eurozone Crisis Deepens, Fight to Save Emissions Trading Scheme Begins
Posted by Mason Inman on December 22, 2011 Prices in Europe’s carbon emissions trading scheme have collapsed this year, in part because there were too many allowances in the system starting off, threatening the future of the whole market. “Without intervention … Europe’s climate policy is over,” one analyst said. Some of Europe’s biggest energy and manufacturing firms also wrote a letter to…
Surprise Deal Emerges at United Nations Climate Talks
Posted by Mason Inman on December 15, 2011 In a surprise turnaround, the United Nations climate talks managed to produce a new deal to eventually curb global emissions moving forward. In a press release announcing the agreement, the United Nations Framework Convention on Climate Change (UNFCCC) called it a “breakthrough.” The new agreement marks a break from the Kyoto Protocol, which divided the…
Now All GOP Presidential Candidates Express Climate Skepticism
Posted by Mason Inman on December 9, 2011 GOP presidential candidate Jon Huntsman expressed skepticism about the science on climate change, so now all GOP candidates are on the record as doubting either that the planet is clearly warming, or that people are responsible for most of the warming. Of all the GOP candidates, Huntsman had been the most supportive of action on…
As Population Tops 7 Billion, Time to Revisit Climate Approaches
Posted by Mason Inman on November 3, 2011 The world population reached seven billion people around October 31, according to United Nations estimates. The actual date is a bit fuzzy, but the milestone has nonetheless had great symbolic power, triggering a stream of articles on population issues. Nicholas Kristof, in the New York Times, argued family planning is the solution to many of…
California Adopts Cap-and-Trade System, Serves as Greenhouse Guinea Pig
Posted by Mason Inman on October 27, 2011 After a unanimous vote by the California Air Resources Board, the state adopted the most comprehensive cap-and-trade system in the country, a key part of a 2006 global warming law that had yet to be implemented. The system will cover 85 percent of greenhouse gas emissions in the state, and allows businesses to counterbalance up…
Big Businesses’ Call for Climate Action: Strong Treaty, More Aid
Posted by Mason Inman on October 20, 2011 A group of 285 large investors, representing more than $20 trillion in assets, urged world governments to forge a binding treaty at upcoming climate negotiations in Durban, South Africa, and said global spending has not been nearly enough to keep warming below 2 degrees Celsius. The call came from a coalition of four green investment…
Australia’s Wild Weather May Have Helped Push Carbon Tax
Posted by Mason Inman on October 13, 2011 Although Australia’s Prime Minister Julia Gillard had promised before to not enact a carbon tax, floods, bush fires, heat waves, and drought reawakened discussion about putting a price on greenhouse gas emissions. This week, Australia’s House of Representatives narrowly passed a carbon tax, sending the bill to the country’s Senate, where observers say it is…
“Crony Capitalism” Alleged Behind Tar Sands Pipeline Review
Posted by Mason Inman on October 6, 2011 The proposed Keystone XL pipeline, which could carry a diluted form of tar sands from Canada to Texas, has attracted the ire of many environmentalists, including Bill McKibben, who spearheaded protests in front of the White House last month. This week, McKibben argued the Obama administration is practicing “crony capitalism” and that e-mails obtained through…
Cutting Oil Use Should Be Focus of U.S. Energy Research, New Roadmap Says
Posted by Mason Inman on September 30, 2011 A major study modeled after goal-setting reports from the Departments of Defense and State, the first Quadrennial Technology Review by the U.S. Department of Energy (DOE), called for a shift in energy research and development priorities to reduce America’s dependence on oil. “Reliance on oil is the greatest immediate threat to U.S. economic and national…
Ending Fossil Fuel Subsidies May Be the Way to Jumpstart Climate Finance
Posted by Mason Inman on September 23, 2011 A leaked World Bank document, due to be presented at the G20 meeting in November, proposes that rich countries eliminate their fossil fuel subsidies and instead contribute the money to climate aid for poor countries to help with green energy and adaptation measures. The paper also said donor countries are unlikely to come up with…
Solar Industry “Darwinism” Weeding Out Weaker Companies
Posted by Mason Inman on September 8, 2011 Solar panel manufacturer Solyndra, which recently filed for bankruptcy, got special treatment from the Obama administration, some have alleged, since the company’s $535 million in federally guaranteed loans had much lower interest rates than those of other green energy companies, according to an investigative report. The FBI raided Solyndra’s Fremont, Calif., offices Thursday, although it…
As Markets Dive, Clean Energy Stocks Hit by “Triple Whammy”
Posted by Mason Inman on August 11, 2011 The stock market took a beating this week, after the rating agency Standard & Poor’s downgraded U.S. bonds—but clean tech stocks have been falling even faster than the market as a whole. Shares in clean energy companies have been hit by a “triple whammy”—producing too much capacity for the demand, problems with government debt, and…
