Climate Compass Blog
Bloomberg editors endorse NEORI's production tax credit recommendations
Few policy options can be a win-win for both political parties, as well as industry, environmental advocates, and labor. Similarly, increasing oil production and decreasing carbon emissions are thought of as conflicting goals. Yet, a solution may be on the horizon. On February 28, the National Enhanced Oil Recovery Initiative (NEORI) released its recommendations for advancing enhanced oil recovery with carbon dioxide (CO2-EOR). NEORI is a broad coalition of industry, state officials, labor, and environmental advocates.
While NEORI participants might not agree on many energy and environmental issues, each participant recognizes the vast potential of CO2-EOR and worked toward producing a set of policy recommendations for its expansion. CO2-EOR already produces 6 percent of U.S. oil, and it could potentially double or triple existing U.S. oil reserves. In comparison to other options, CO2-EOR offers an extraordinarily large potential expansion of domestic oil production, while also advancing an important environmental technology.
NOAA recently declared this winter to be the 4th warmest on record for the contiguous United States. That sort of announcement might be expected in a warming world. But what about the relatively cold winters of 2009-2010 and 2010-2011, which featured historic blizzards in the Midwest and the East Coast? Florida had snow seven times in 2010! And while we Americans enjoyed a very mild winter this year, Europe endured its most frigid cold snap in decades. That sort of winter weather may seem counter-intuitive in a warming world; it’s the sort of weather columnist Thomas Freidman has in mind when he writes about “Global Weirding.”
While Americans bought nearly 18,000 PEVs last year, 2012 is the first full year when plug-in electric vehicles will be available nationwide. The long-term success of PEVs could bring some very real benefits to energy security, air quality, climate change, and economic growth.
It’s been over a year since we assembled the Plug-in Electric Vehicle (PEV) Dialogue to work on the major market barriers to PEVs nationwide. Yesterday, we released the first product of this diverse and important group – An Action Plan to Integrate Plug-in Electric Vehicles with the U.S. Electric Grid.
We’ve talked in the past about how policies like fuel economy standards and technologies like PEVs, fuel cells, and advanced internal combustion engines are the key to reducing oil consumption and the impact our travel has on our environment. PEVs could play an important role in that effort, but only if they’re given a fair shot.
|C2ES's Nick Nigro interviews PEV Dialogue members, Watson Collins of Northeast Utilities and Zoe Lipman of National Wildlife Federation, about the PEV Action Plan. Listen to the podcast now.|
NOAA reported today that this winter turned out to be the 4th warmest on record in the contiguous United States. That’s not surprising given how much the world has warmed over the past few decades. In fact, all of the seven warmest years in over 100 years of climate data have occurred since 1992, and over the past three decades, a warmer-than-average winter has been twice as likely as a cool one. These data are consistent with how scientists say global warming affects the weather. The risk of warm winters is increasing over time, but that doesn’t mean that cold winters disappear, similar to the way that loaded dice change the probability of a particular roll but don’t eliminate other possibilities.