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Resident Senior Fellow, Energy
There is an increasing disconnect between the sort of climate objectives that are advocated for politically (1.5 degrees Celsius, net-zero emissions by 2050, etc.) and the feasibility of achieving a massive global clean energy transition within the ever-shrinking carbon budget. This widening gap is reflected in seminal “transition scenarios” like the International Energy Agency’s (IEA) Net-Zero Emissions Report, or the International Renewable Energy Agency’s (IRENA) 1.5 Pathway report attempting to lay out a roadmap to these hoped-for climate objectives. The kicker is that these studies can’t make the math work without leaning heavily on huge amounts of carbon capture that… [more]View Insight
U.S. Senator, State of Wyoming
Chairman, Senate Committee on Environment and Public Works
Congress needs to help make American energy as clean as we can, as fast as we can, without raising costs on consumers. That’s why I, along with a bipartisan group of Senators, introduced the Utilizing Significant Emissions with Innovative Technologies Act, or simply, the USE IT Act. We held a Senate hearing on this bill several weeks ago. The USE IT Act would encourage the commercial use of man-made carbon dioxide emissions and support the use of carbon capture technology, including direct air capture. The legislation also expedites permitting for carbon dioxide pipelines in order to move the carbon dioxide… [more]View Insight
California is the second state after Hawaii to establish a 100% carbon-free energy goal for its electric grid. In late August, the state legislature passed Senate Bill 100 (SB 100) which created a 100% clean electricity standard by 2045 and also altered California’s current renewable portfolio standard (RPS). Previously, California’s RPS mandated 50% of the state’s retail electricity sales come from renewable sources by 2030, but following passage of SB 100, that figure is now modified to 60%. To achieve the 2045 goal, however, SB 100 takes a broader approach by explicitly instructing California’s energy agencies to “plan for 100%… [more]View Insight