Climate Compass Blog
The hiatus on nuclear plant construction might be about to end. Renewed interest in nuclear power has been spurred by existing government incentives, and comprehensive climate policy will provide further impetus.
So what does proposed legislation do to promote nuclear power? The energy bill passed by the Senate Energy and Natural Resources Committee (S.1462), the energy and climate bill introduced by Senators Kerry and Boxer (S.1733), and the energy and climate bill passed in the House (H.R. 2454) all include provisions to expand nuclear power generation. Most importantly, the latter two bills include a greenhouse gas cap-and-trade program. This will send a long-term price signal to drive investment in low-carbon technologies, including nuclear power, and will make the cost of electricity generated from new nuclear power lower relative to traditional fossil fuel-based generation.
Scientists to Congress: You can argue about the politics all you want, but if you decide not to act on climate change, it won’t be because the science wasn’t strong enough.
In a letter sent today, a slew of scientific organizations, including the American Meteorological Society, American Geophysical Union, Crop Science Society of America, and American Chemical Society, informed the U.S. Senate that there is a strong scientific consensus that manmade greenhouse gases are changing the climate and that claims to the contrary are scientifically indefensible:
“Observations throughout the world make it clear that climate change is occurring, and rigorous scientific research demonstrates that the greenhouse gases emitted by human activities are the primary driver. These conclusions are based on multiple independent lines of evidence, and contrary assertions are inconsistent with an objective assessment of the vast body of peer-reviewed science.”
And they go further: “there is strong evidence that ongoing climate change will have broad impacts on society, including the global economy and on the environment.” They also say the United States will experience significant impacts; climate change isn’t just a problem for poor or developing countries:
This weekend marks the conclusion of the Solar Decathlon on the National Mall in Washington, D.C., a competition sponsored by the U.S. Department of Energy in which 20 college teams from around the world challenge one another in the high jump, pole vault, and other various athletic feats while dressed up as flaming balls of gas.
Okay, that’s not quite right: the Decathlon is indeed a competition among 20 college teams from around the globe, but rather than throwing javelins or jumping hurdles, these students compete to design, build, and run the most energy-efficient solar-powered house they can. Teams spend nearly two years designing and constructing their homes, which are then shipped to D.C., assembled on the Mall, and judged in ten different categories ranging from architectural excellence to market viability to engineering. The ultimate result is that a village of the future sprouts up in the middle of the U.S. capital almost literally overnight, and when the homes are not being judged, visitors are free to stroll through them and learn about their innovative features.
As energy prices continue to swing and the prospects for carbon constraints grow, it’s no wonder more and more companies are focusing their efforts on energy efficiency. But while most firms recognize the benefits of energy efficiency, many lack the information and resources required to take their efficiency programs to the next level.
To help provide these resources, we have launched a web portal with tools and information to help companies develop stronger energy efficiency strategies. The key feature of the portal is a searchable database of the energy efficiency activities undertaken by the 45 companies in the Center’s Business Environmental Leadership Council (BELC).
Also included on the web portal are results of our recent survey distributed to 95 major corporations that offer key insights for those exploring best practices in corporate energy efficiency. These include:
- Firms recognize the energy paradigm is changing rapidly.
- Companies are responding by establishing corporate-wide energy efficiency targets.
- Senior management support is critical in the development and implementation of energy efficiency programs.
- The most common challenge companies face in pursuing efficiency gains are resource constraints, especially limits on capital.
- Employee engagement is an effective, but possibly underutilized strategy for improving energy efficiency.
- Energy efficiency can be a gateway to wider business innovation.
The portal and survey are part of a larger research project that seeks to document and communicate best practices in corporate energy efficiency strategies across the following categories: internal operations, the supply chain, products and services, and cross-cutting issues. The next step of the project is the release of a comprehensive report summarizing our findings at a major conference in Chicago, April 6-7, 2010. The project is funded by a three-year, $1.4 million grant from Toyota.
Sen. Murkowski opened a briefing on Post-Combustion Carbon Capture at the Senate last week by asserting technology is the key to addressing our energy needs. The Senator said that advancing technology will allow the U.S. to move towards a low-carbon future. Sen. Murkowski is correct.
And cap and trade will guide us to just that: advancing technological innovation. As Sen. Murkowski put it, our current energy technology has an "environmental price," and a clear signal regarding the price of carbon is imperative to spur R&D in technologies with a lower environmental price. Cap and trade allows the government to set the policy objective – to reduce greenhouse gas emissions – and businesses to decide how to best achieve the objective in the most cost-effective manner. It will give industry experts exactly what they are seeking: a clear signal that financial incentives exist for low-greenhouse gas technological innovation, whether its carbon capture and sequestration discussed at the briefing, or nuclear, wind, tidal, or other technologies.
Read more about technology policies and their relationship to cap and trade here.