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Expert Insight

Drilling in the Arctic

Author(s): Robert Grant
Director of International Public Policy and Advocacy
Global Innovation Policy Center, U.S. Chamber of Commerce
Date: July 28, 2015 at 8:00 AM

In June, Shell kicked off its controversial Arctic program to conduct exploratory operations in the Chukchi Sea and the Arctic Ocean. Shell plans to drill two wells beginning in August 2015, when ice clears. Shell initially purchased leases to drill in the Arctic in February 2008 from the Bush Administration’s Interior Department, leases that have been repeatedly endorsed by the Obama Administration, most recently in March 2015. The success or failure of these operations could significantly affect future efforts to explore for hydrocarbons in the region. Shell previously abandoned its Arctic exploration program in the 1990s due to high comparative… [more]

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Expert Insight

Perspectives on the Clean Energy Standard Act of 2012


Date: May 24, 2012 at 7:13 AM

Last week the Senate Energy and Natural Resources Committee, chaired by Senator Jeff Bingaman (D-NM), held a hearing on the Clean Energy Standard Act of 2012 (CESA). Witnesses offered a variety of perspectives on the bill. As discussed during the hearing, the EIA’s Analysis of the Clean Energy Standard Act of 2012 projects an increase in renewable generation, a decrease in carbon emissions, and a hike in electric rates compared to a business-as-usual scenario. Dr. Karen Palmer of Resources for the Future supported many of the EIA’s findings, but added that the small utility exemption — which exempts energy retailers… [more]

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