Home » Economics » Renewable Energy: Why Emissions and the Economy Don’t Tell the Whole Story

Olduvai
Click on image to purchase

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

Renewable Energy: Why Emissions and the Economy Don’t Tell the Whole Story

Renewable Energy: Why Emissions and the Economy Don’t Tell the Whole Story 

Last week, President Obama announced the Clean Power Plan, the United States’ strongest climate policy to date. The plan aims to reduce coal-fired power plant emissions by allowing states to devise their own plans to reach federally-mandated emissions reduction targets. This choose-your-own-adventure policy could send states down very different paths, some worse for the environment and community resilience than others.

A bragging point for the Clean Power Plan is its flexibility; all currently identified low-carbon energy sources can play a role in state plans, including natural gas, nuclear, hydropower and other renewables. But despite the low-carbon nature these energy technologies share, they differ greatly in overall community and environmental benefit. Natural gas is abundantly available today due to controversial fracking technology (most of which occurs near rural communities); hydropower requires dam construction (sometimes on massive scales); and nuclear power comes with the risk of disastrous accidents, issues around extraction and long-term storage problems.

The final Clean Power Plan rule does emphasize renewable energy and energy efficiency over natural gas; a “Clean Energy Incentive Program” provides credits that can be traded later as part of emissions trading systems to states that expand wind, solar and energy efficiency efforts in the two years before state implementation plans take effect. However, shifting from coal to natural gas is one of the three building blocks EPA used in calculating state goals, so states are still permitted to emphasize natural gas in their implementation plans, even if it’s not incentivized. Shifting from one fossil fuel to another is not a sustainable energy future for any state, even if it slightly reduces greenhouse gas emissions.

– See more at: http://www.iatp.org/blog/201508/renewable-energy-why-emissions-and-the-economy-don’t-tell-the-whole-story#sthash.efdtxaKW.dpuf

 

Olduvai IV: Courage
Click on image to read excerpts

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress