As I wrote last month would probably happen, the Energy Information Administration (EIA) lowered its estimate for fossil fuel energy demand in 2009, translating into a huge drop in greenhouse gas emissions. Emissions projections for coal, oil, and natural gas were all lowered in its July Short Term Energy Outlook — meaning, by my calculations, that US emissions are expected to fall Continue reading
Yesterday, the House Energy & Commerce Committee passed Waxman-Markey’s American Clean Energy & Security (ACES) Act by a 33-25 vote. This passage does not guarantee ultimate passage in the full House or Senate, but gets some positive political momentum behind necessary federal Continue reading
The continued economic struggles in 2009 are hitting carbon-intensive activity especially hard. So says the US Energy Information Agency (EIA) in its updated Short Term Energy Outlook released this afternoon. Global oil demand is now expected to fall by 1.2 million barrels per day (1.4%) and global GDP is expected to grow only Continue reading
With the election on our doorstep, I think it makes sense to talk about the US future in terms of presidential terms again.
Climate change is one of the key issues of the 21st century and requires immediate presidential action. But what kind of immediate action? The current federal climate policy on the table (a cap and trade system poised to pass in 2009) targets reducing US emissions to 1990 levels by 2020. This blog describes interim goals for the first and second presidential terms (by Continue reading