On February 25, 2013, C2ES responded to Rep. Henry Waxman (D-CA) and Sen. Sheldon Whitehouse's (D-RI)—Co-Chairs of the Bicameral Task Force on Climate Change—request for policy responses to climate change. The letter below assesses effective policy responses to climate change and includes links to the resources mentioned in the letter.
Dear Congressman Waxman and Senator Whitehouse:
Thank you for your request for policy responses to climate change and for considering the Center for Climate and Energy Solutions (C2ES) a key participant in this important dialogue.
We agree that the past year of extreme heat, drought, flooding and wildfire underscores the need for stronger measures to advance clean energy, reduce greenhouse gas (GHG) emissions and strengthen America’s climate resilience. We believe that strong and sensible federal action to reduce climate risks must be a top national priority.
C2ES continues to favor market-based approaches that put a price on carbon as the most cost-effective means of reducing GHG emissions. Apart from such approaches, which would require major new legislation, there is a range of actions the Administration and Congress can take to significantly reduce GHG emissions, expand clean energy sources, and make communities and critical infrastructure more climate-resilient. For example: the Administration can adopt stronger standards through 2025 for medium- and heavy-duty vehicles; finalize its proposed GHG emission standards for new power plants; set GHG emissions standards for existing power plants, while allowing states to meet them with a range of market-based measures; increase the energy efficiency of appliances and industrial equipment; open more federal lands to renewable energy development; and increase efforts to tackle short-lived climate forcers such as methane, black carbon, and HFCs. Please find attached a paper that C2ES recently published on “Federal Action on Climate Change and Clean Energy” describing these and other measures.
While there are several actions Congress could undertake (as mentioned in the attached paper), we would like to raise one, in particular, for your consideration: Carbon dioxide enhanced oil recovery (CO2-EOR) offers a safe and commercially proven method of domestic oil production that can help the United States simultaneously capture and store CO2 from industrial facilities and power plants, and increase our nation’s energy security by reducing dependence on foreign oil. The National Enhanced Oil Recovery Initiative (NEORI), a coalition of industry, state, labor and environmental leaders, has released consensus recommendations for Congressional action to advance CO2-EOR. Because coal and natural gas will be significant sources of energy in the United States, China, India and other countries for years to come, carbon capture and storage (CCS) is likely to be critical for reducing global greenhouse gas emissions from stationary sources as quickly as they must be reduced; the NEORI recommendations provide perhaps the only viable approach at this time for reducing the cost of deploying CCS. In 2012, Senators Conrad, Enzi, and Rockefeller introduced legislation (S. 3581) that adopted NEORI’s recommendations for reforming the existing tax credit for carbon dioxide sequestration. NEORI is currently promoting the creation of a more flexible, comprehensive, and expanded tax credit to take full advantage of the environmental, economic, and energy security benefits offered by CO2-EOR. Please find attached NEORI’s complete recommendations.
Please have your staff contact Nikki Roy with any questions about this or with anything else C2ES can do to be of assistance. We look forward to working with you and your congressional colleagues to advance a strong U.S. climate change policy.
Center for Climate and Energy Solutions