Is the energy transition stalling? Two months after COP21, it is time to separate news from trends. The oil price is down; the U.S. Supreme Court blocked the Obama administration’s carbon-emissions plan; and Germany is (understandably) focused on the Syrian refugee crisis, diverting attention away from its energy transition. Notwithstanding, the train has left the station. It would be a mistake to underestimate the power of technology and innovation to keep driving nonlinear change toward a low-carbon economy.
Policy & Government
A catch all category for government, politics and initiatives to influence either.
Last week, a group of 125 organizations from 45 countries signed a declaration asking that the European Union exclude large-scale biofuels from its next Renewable Energy Directive.
We must remember that as stakeholders, we have the unique ability to create the strong pull needed to incentivize our institutions and businesses to make decisions that are tied to circular-economy principles.
“We want to be clear … that the court’s decision does not overturn the policy or decide its legal merits,” John Coequyt, who heads up climate campaigns for the Sierra Club, said in a telephone press conference on Thursday.
The Malheur National Wildlife Refuge mess lands Bundy family patriarch Cliven in hot water, as he steps into a trap at Portland International Airport.
In an extraordinary move, the Supreme Court granted a stay that puts a temporary halt to Clean Power Plan. But there was one key stakeholder from whom the court did not hear: the young people who will actually be around in 2050 to experience the impacts of our action, or inaction, today.
Two cities, pressured by rising homelessness and criticism about inhumane laws that “punish” the poor, are trying something new. Both are seeing some success, although advocates say that Albuquerque’s answer is a win-win for everybody.
In a surprising decision that environmentalists are calling “unprecedented,” the Supreme Court imposed a stay on the Obama administration’s Clean Power Plan this week. The decision doesn’t bode well for the EPA-run program, but the Obama administration says it isn’t giving up.
Congress is required to determine if a bill would add to the federal deficit prior to voting on it. But there is no such provision when it comes to climate change.
Dark pools? If it seems as if the names of financial-trading systems are getting murkier these days, you’re not alone. But the SEC and the New York attorney’s office have taken up the task of clearing the water for investors. Last month, regulators convinced Barclays and Credit Suisse to join the long list of financial institutions now accused of misleading investors in dark pool systems. The settlement garnered another $150 million for fed and state coffers and an admission of guilt from Barclays. But will it be enough to head off any more financial trainwrecks?
Late last week, President Obama announced he would include a $10 per barrel tax on oil in the FY2016 budget that his administration is proposing to Congress. The oil industry is saying, “No way.”