The OurEnergyLibrary aggregates and indexes publicly available fact sheets, journal articles, reports, studies, and other publications on U.S. energy topics. It is updated every week to include the most recent energy resources from academia, government, industry, non-profits, think tanks, and trade associations. Suggest a resource by emailing us at email@example.com.
Putting a price on carbon is a critical part of a low-cost strategy for reducing greenhouse gas (GHG) emissions, and a national carbon tax is a rare example of a climate change policy that has found bipartisan support in the United States. In 2018, legislation establishing a carbon tax was proposed by Democrats, Republicans, and bipartisan groups of US congressmen. However, while passing a carbon tax would certainly prove a significant step toward slashing emissions, simply adding a carbon tax to current policies is unlikely to achieve an emissions target at the lowest cost.
Designing a carbon tax that contributes …View Full Resource
Based on a comprehensive analysis of employer data collected in the fourth quarter of 2018, the 2019 USEER finds that the Traditional Energy and Energy Efficiency sectors in 2018 employed approximately 6.7 million Americans out of a workforce of approximately 147 million. Employment in these sectors increased in 2018 by 2.3% from the previous year, adding 151,700 net new jobs, nearly 7% of all new jobs nationwide.
The 2019 USEER analyzes the following five sectors of the U.S. economy:
• Electric Power Generation
• Transmission, Distribution and Storage
• Energy Efficiency
• Motor Vehicles and Component Parts
The …View Full Resource
President Trump’s tweet on February 25 urging OPEC to ‘relax’ and to take it ‘easy’ with their cuts,
and that a ‘fragile’ global economy can’t tolerate a higher oil price, did have an immediate price
impact, with the Brent price declining by 4 per cent on the day, from nearly $67/b down to $64/b (see
Figure 1). But the ‘Trump tweet’ impact faded fairly quickly with oil prices gaining again towards the
end of the same week. A clear signal from the Saudi energy minister Mr. Khalid Al-Falih in which he
confirmed that OPEC and its partners would continue with …
The analysis expands on data from the 2019 U.S. Energy and Employment Report (USEER) produced by the Energy Futures Initiative (EFI) in partnership with the National Association of State Energy Officials (NASEO), using data collected and analyzed by the BW Research Partnership. The report was released last week and is available at www.usenergyjobs.org. E2 is a partner on the USEER, the fourth installment of the energy survey first released by the Department of Energy in 2016 and subsequently abandoned under the Trump administration. Clean energy jobs have grown every year since the first report was released in 2016.…View Full Resource
The transition to zero-carbon homes and buildings is a critical step in California’s efforts to fight climate change, but the state must urgently develop a coordinated, equitable and cost-effective plan to proactively manage the decommissioning of the legacy gas system.
That is the conclusion of a new report from Environmental Defense Fund, which lays out strategies to guide decision-makers as they grapple with the question of who will pay for the existing fossil fuel infrastructure when California homes and buildings no longer use gas.…View Full Resource
Corporate climate commitments and initiatives have grown dramatically in recent years: over 60 percent of Fortune 100 companies have one or more clean energy goals, approximately half of Fortune 500 companies have set at least one climate or energy target and over 530 companies are setting greenhouse gas reduction goals through the Science Based Targets initiative.
Alongside this growth, numerous sustainability rankings have emerged to help stakeholders assess corporate environmental performance and identify leaders. Beyond their public relations benefits, these rankings also provide an essential service to companies by helping them define internal performance measures, attract top talent and link …View Full Resource
In October 2018, the Intergovernmental Panel on Climate Change (IPCC) released a sobering report on the devastating impacts our world will face with 1.5° Celsius of warming — let alone 2°C — while setting out the emissions trajectory the nations of the world need to take if we are to have any shot at keeping to that 1.5°C limit. This 10th edition of the annual fossil fuel finance report card, greatly expanded in scope, reveals the paths banks
have taken in the past three years since the Paris Agreement was adopted, and finds that overall bank financing continues to be …
Even after three years of oil price increases, US fracking focused oil and gas companies continued their 9-year losing streak through 2018.
These small and mid-sized US E&Ps reported $6.7 billion in negative cash flows through December.
E&Ps dipped into cash reserves by $8.4 billion in 2018 to fund capital expenditures and shareholder payouts.…View Full Resource
Researchers have been evaluating and documenting the effects of utility energy efficiency programs for decades, and nearly every state in the nation now has policies providing for utility energy efficiency programs. The research shows that these programs have been generally cost-effective and are well-justified as a way to address market failures such as imperfect information, split incentives, externalities such as environmental costs, and regulatory concerns that arise from utility monopoly power.…View Full Resource
Climate change describes the current trend toward higher average global temperatures and
accompanying environmental shifts such as rising sea levels and more severe storms, floods,
droughts, and heat waves. In coming decades, climate change—and efforts to limit that
change and adapt to it—will have increasingly important effects on the U.S. economy. These
effects and their associated risks are relevant considerations for the Federal Reserve in
fulfilling its mandate for macroeconomic and financial stability.…