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Professor of Physics
University of Califoria at Berkeley
Some oppose shale gas because it is a fossil fuel, a source of carbon dioxide. Some are concerned by accounts of the fresh water it needs, by flaming faucets, by leaked “fugitive methane”, by pollution of the ground with fracking fluid and by damaging earthquakes. Although I believe that global warming is real, caused by humans, and a threat to our future, these concerns about shale gas are either largely false or can be addressed by appropriate regulation such as the controversial but ultimately positive developments in Illinois. Shale gas can not only reduce greenhouse gas emissions, but also reduce a deadly pollution known… [more]
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Senior Tax Counsel
United States Senate Committee on Finance
As part of his efforts to comprehensively reform the tax code, Senate Finance Committee Chairman Max Baucus (D-MT) released a staff discussion draft on December 18, 2013 that proposed a dramatically simpler set of energy tax incentives that are technology-neutral, more predictable, and promote cleaner energy that is made in the United States. Policymakers have included tax breaks for energy in the tax code for nearly one hundred years. These incentives were created with good intentions to create jobs, promote energy security, and help reduce air pollution and environmental damage. But over the years, the number of provisions has ballooned… [more]
View InsightNote: Synopsis from report‘s executive summary. Creating a Clean Energy Century: Recapturing the Lead in Clean Tech Innovation By Josh Freed, Sam Hodas, Sarah Collins, and Stephanie Praus While the energy market has always been driven by fossil fuels, it is moving slowly, but inevitably, toward clean energy as countries decide they can no longer tolerate the pollution costs and security risks of conventional energy or the threat of global warming. The great hurdle is making clean energy as cheap as fossil fuels. This will require major breakthroughs. Existing clean energy sources are too expensive and have technical limitations. The… [more]
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