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The U.S. House of Representatives Select Committee on the Climate Crisis is requesting information around policies that Congress should adopt to solve the climate crisis and adapt to the impacts of climate change. Committee staff told us they would welcome feedback from OEP experts. Four specific questions from the committee’s request for information are outlined below. We will compile and send to the committee substantive comments posted to this discussion by November 11. U.S. electricity generation from wind power is more than 7 times higher today than it was in 2017, and U.S. solar power generation is 100… [more]
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Assistant Director
University of Texas Energy Institute
The world has experienced profound changes recently regarding energy and the economy. Fossil fuels, while still abundant, are becoming more costly to develop as the most easily-accessible resources become depleted. Many renewable energy technologies are becoming less costly due in part to market forces as well as supportive state and federal energy policies. These technologies however would require massive capital investment to replace fossil fuels at current scale. Global demand for energy continues to climb while advanced economies are becoming less energy-intensive when measured per unit of GDP. Meanwhile, a global financial crisis as well as mounting public and private… [more]
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