The Center for Climate and Energy Solutions seeks to inform the design and implementation of federal policies that will significantly reduce greenhouse gas emissions. Drawing from its extensive peer-reviewed published works, in-house policy analyses, and tracking of current legislative proposals, the Center provides research, analysis, and recommendations to policymakers in Congress and the Executive Branch. Read More
Statement from Bob Perciasepe
President, Center for Climate and Energy Solutions
On the U.S.-China Joint Announcement on Climate Change
November 11, 2014
The joint announcement by President Obama and President Xi is an extremely hopeful sign. Even if the targets aren’t as ambitious as many might hope, the world’s two largest carbon emitters are stepping up together with serious commitments. This will help get other countries on board and greatly improves the odds for a solid global deal next year in Paris.
These targets will require major undertakings by both countries. Clearly the leaders of the world’s two largest economies have decided the risks posed by climate change justify stronger action to cut carbon emissions. And they’re confident they can keep growing their economies at the same time.
In the case of the United States, the new target is pushing the limits of what can be done under existing law. We can get there if Congress doesn’t stand in the way, and if states roll up their sleeves and work with businesses and other stakeholders to craft smart, practical plans to cut emissions from power plants. But to go much further, we’ll ultimately need Congress to act.
For too long it’s been too easy for both the U.S. and China to hide behind one another. People on both sides pointed to weak action abroad to delay action at home. This announcement hopefully puts those excuses behind us. We’ll only avert the worst risks of climate change by acting together.
Contact: Laura Rehrmann, email@example.com or 703-516-0621
About C2ES: The Center for Climate and Energy Solutions (C2ES) is an independent, nonprofit, nonpartisan organization promoting strong policy and action to address the twin challenges of energy and climate change. Launched in 2011, C2ES is the successor to the Pew Center on Global Climate Change. Learn more at www.c2es.org.
While the focus in New York this week has been on world leaders pledging to act on climate change, business leaders also stepped up to be part of the climate solution.
In recent years, many companies have acknowledged the risks of climate change and worked to improve their energy efficiency and sustainability. This week, companies announced new efforts to fund clean energy, reduce carbon emissions, and support a price on carbon.
For example, Bank of America announced an initiative to spur at least $10 billion of new investment in clean energy projects. Hewlett Packard announced plans to reduce emissions intensity of its product portfolio by 40 percent from 2010 levels by 2020.
Many companies joined together to take a stand:
One way to reduce power plant carbon emissions is to reduce the demand for electricity. Encouraging customer energy efficiency is one of the building blocks underpinning the Environmental Protection Agency’s (EPA) Clean Power Plan. But the plan does not distinguish among uses of electricity. That means, without further options, the Clean Power Plan could inadvertently discourage states from deploying electric vehicles (EVs), electric mass transit, and other technologies that use electricity instead of a dirtier fuel.
In all but very coal-heavy regions, using electricity as a transportation fuel, especially in mass transit applications, results in the emission of far less carbon dioxide than burning gasoline. In industry, carbon emissions can be cut by using electric conveyance systems instead of diesel- or propane-fueled forklifts and electric arc furnaces instead of coal boilers.
Under the proposed power plant rules, new uses of electricity would be discouraged regardless of whether a state pursues a rate-based target (pounds of emissions per unit of electricity produced) or a mass-based target (tons of emissions per year).
EPA has a few options to make sure regulations for power plants would not discourage uses of electricity that result in less carbon emissions overall.
The 113th Congress (2013-2014) is on track to be one of the least productive and most divided in history. No legislation explicitly mentioning climate change has been enacted into law, but more bills and resolutions related to climate change have been introduced in this Congress than in the previous one. (For brevity, we refer to all legislative proposals, including resolutions, and amendments, and draft bills, as “bills.”)
Only two bills loosely related to climate change (though not directly referencing it) have been passed and signed into law: the Disaster Relief Appropriations Act and the Hurricane Sandy Relief bill, which provided $17 billion and $9.7 billion, respectively, to cope with Sandy’s aftermath.
Of the 221 bills introduced that explicitly reference climate change or related terms, such as greenhouse gases or carbon dioxide, the majority support climate action. These focus primarily on building resilience to a changing climate, supporting the deployment of clean energy, and improving energy efficiency. A number would use some form of carbon pricing to reduce emissions.
You expect a business leader to keep a close eye on the bottom line and to act when a threat is clear. As C2ES and others have noted, it is increasingly clear to many business leaders that climate change is a here-and-now threat that we all -- businesses, government and individuals -- must address.
Today’s “Risky Business” report lays out in stark numerical terms the likely economic impact of climate change on U.S. businesses and the U.S. economy. The initiative – co-chaired by former New York City Mayor Michael Bloomberg, former Treasury Secretary Henry Paulson, and former hedge fund manager Tom Steyer – brings high-profile attention to this issue in the hopes that highlighting the risks and potential costs will help spur action to manage the impacts and curb climate-altering emissions.
The report’s outline of the many costs of climate impacts is likely an underestimate. For example, the impacts of diminishing groundwater are difficult to calculate and are not included.
An Energy, Economic and Environmental Solution for Our Nation:
Using Captured Carbon Dioxide for Enhanced Oil Recovery
Thursday, June 26, 2014
Russell Senate Office Building
2 Constitution Avenue, NE
Washington, D.C., 20002
Carbon dioxide enhanced oil recovery (CO2-EOR) is a decades-old, proven commercial practice that involves injecting CO2 into already developed oil fields to coax additional production. Increasing the supply of CO2 captured from power plants and industrial sources for use in CO2-EOR has the potential to increase American oil production by tens of billions of barrels, while safely storing billions of tons of CO2 underground. The event will focus on CO2-EOR’s benefits for domestic energy production, the economy, and the environment.
Vice President, Fossil Energy, Great Plains Institute
The Honorable RICHARD GEPHARDT
Former Majority Leader, U.S. House of Representatives (D-MO)
The Honorable TIM HUTCHINSON
Former U.S. Senator (R-AR)
Vice President, Government Affairs, Arch Coal, Inc.
Counsel, Leucadia Energy
Executive Director, Industrial Union Council, AFL-CIO
Climate Program Manager, Natural Resources Defense Council
Solutions Fellow, Center for Climate and Energy Solutions
The National Enhanced Oil Recovery Initiative (NEORI) brings together industry, labor and environmental advocates, and state officials to foster increased domestic oil production through the capture, use and storage of CO2 from power plants and industrial facilities. NEORI is convened by the Center for Energy and Climate Solutions (C2ES) and Great Plains Institute (GPI).
More than a dozen military leaders say the impacts of climate change threaten military readiness and response and will increase instability and conflict around the globe.
Their assessments are included in a recent report, National Security and the Accelerating Risks of Climate Change, by the CNA Corporation’s Military Advisory Board. The report’s authors – including 16 retired generals and admirals from the Army, Navy, Air Force, and Marine Corps – conclude that climate change impacts will act as threat multipliers and catalysts. Projected warming, changes in precipitation, sea level rise, and extreme weather events will pose risks to security within the U.S. and abroad.
At home, some of the threats are here and now. Many of the nation’s military installations are in coastal areas vulnerable to rising sea levels and storm surges. For example, the low-lying Hampton Roads area of Virginia is home to 29 military facilities. Sea level in the area is projected to rise 1.5 feet over the next 20-50 years and as much as 7.5 feet by the end of the century. One advisory board member, Brig. Gen. Gerald Galloway, stressed that “unless these threats are identified and addressed, they have the potential to disrupt day-to-day military operations, limit our ability to use our training areas and ranges, and put our installations at risk in the face of extreme weather events.”
Figure 1: Sea level rise projections for the Hampton Roads region, which is home to 29 different military facilities. Source: CNA, 2014
In its final rule (Clean Power Plan) to reduce carbon dioxide emissions in the power sector, EPA has set a unique target emissions rate for each state to achieve by 2030. Targets are based on the “best system of emission reduction” (BSER), which use three “building blocks” or potential pathways to cost-effectively and efficiently reduce CO2 emissions:
- Make coal-fired power plants more efficient;
- Shift generation from existing fossil steam plants to existing natural gas combined cycle plants (NGCC) up to a maximum utilization of 75 percent; and
- Use more zero-emission renewable power, including onshore wind, utility-scale solar photovoltaic (PV) and concentrating solar power (CSP), geothermal and hydropower.
State Target Calculation Steps
To calculate a state’s target, EPA first determined a CO2 emissions baseline (using 2012 data) based on each state’s level of CO2 emissions from fossil-fired power plants divided by its total fossil-fired electricity generation (including coal steam plants, oil and natural gas steam plants and natural gas combined cycle plants). Next, the state level data was aggregated to the regional level (Eastern, Western and Texas Interconnections). Then, “emission performance rates” were established for years 2022-2030 for two subcategories of existing fossil-fired power plants (1) fossil steam (generally, coal-fired plants), and (2) natural gas combined cycle units, based on the capacity of each region to achieve reductions using the identified building blocks.
Finally, state target emission rates (pounds of CO2 per megawatt-hour of electricity generated) were calculated based on a weighted average of the states’ baseline fossil fuel mix (percentage of fossil steam and natural gas combined cycle plant generation) and the two emission performance rates (see sample calculation below).
In 2030, the emission performance rate for all fossil steam plants was determined to be 1,305 lb CO2/MWh, and the emission performance rate for all natural gas combined cycle plants was calculated to be 771 lb CO2/MWh. All state target emission rates in 2030 fall between these two values.
Sample calculation for Alabama
State target (weighted average) = (% fossil steam generation in 2012 x fossil steam plant rate in 2030) + (% natural gas combined cycle generation in 2012 x natural gas combined cycle plant rate in 2030)
In Alabama in 2012, total fossil generation was 46 percent from fossil steam generation and 54 percent from natural gas generation, therefore
Alabama state target CO2 emissions rate in 2030 (lbs CO2/MWh) = (0.46 * 1,305) + (0.54 * 771) = 1,018 lb CO2/MWh
Each state can meet its established target however it sees fit, and does not need to leverage each building block to the extent that EPA projects. The EPA has also converted state target emissions rates to a mass-based standard (tons of CO2 emitted per year) to better enable trading of carbon pollution credits.