Transcript Energy Law
Energy Law Introduction Fall 2014 First Class – 26 Aug 14 Prof. Alan Palmiter Wikibook sources Energy sources Energy use 2 5 8 3 10 6 1 7 4 9 http://www.eia.gov/totalenergy/ Pop Quiz Energy Sources/Uses 1. True or false? The largest energy source in the United States is petroleum, which comes 90% from international sources. 2. Which is true in the United States – a. b. c. d. Coal is a larger source of energy than natural gas Renewable energy is a larger source than nuclear power Fossil fuels represent about 50% of all US energy sources Transportation uses more energy than industrial 3. Which is false in the United States -a. Coal is mostly used in electric power generation b. Industry uses more natural gas than petroleum c. Transportation uses most of the petroleum d. Energy constitutes about 20% of GDP. EIA 4. True or false? The largest energy sector is electric power, which is generated mostly using coal. EIA data / EIA predictions. Answers: 1-F (<50%) / 2-C (75%) / 3-D (10%) / 4-T /www.eia.gov/totalenergy/data/monthly/pdf/flow/css_2012_energy.pdf Energy Sources http://www.eia.gov/totalenergy/data/annual/perspectives.cfm Energy Consumption Over Time http://www.eia.gov/totalenergy/ Energy Use Over Time http://www.eia.gov/totalenergy/ Federal energy regulation - timeline 1920 1940 1980 2000 2020 Pop quiz • • • • • • • • • DOE EPA EISA FERC FPA FPC NGA NGPA PURPA • • • • • • • • • 1920 1935 1938 1977 1978 1982 1992 2005 2007 Climate change Elizabeth Kolbert - author of New Yorker series “Climate of Man” (2005) and awardwinning book Field Notes from a Catastrophe (2006): “It may seem impossible to imagine that a technologically advanced society could choose, in essence, to destroy itself, but that is what we are now in the process of doing.” Carbon dioxide … Gulf stream … Geo-engineering … Pop quiz Carbon stuff 1. Americans emit how much carbon into the atmosphere? a. 4 tons per person b. 10 tons per person c. 20 tons per person 2. Which statement is true of carbon use – a. 4 tons of carbon = 15,000 miles at 45 mpg b. 4 tons of carbon = 400 kwh (coal generated) c. 4 tons of carbon = 15,000 miles air travel (economy) 3. Geo-engineering means : a. Solar reflectors in space above Earth b. Planting desert with plants (new animal husbandry) c. Shooting sulfites into the upper atmosphere d. Fertilize oceans to create carbon-eating algae 4. True or false? Today 800 million people are high carbon emitters. By 2030, this number will grow to 1.2 billion. Answers: 1-C (Avg=4) / 2-ALL / 3-ALL / 4-T “We already have the technology we need to take the world off the path toward dramatic climate change.” Robert Socolow and Stephen Pacala, Stabilization Wedges (2004) Carbon Mitigation Initiative Bill McKibben “That’s the task for our generation” http://cmi.princeton.edu/wedges/intro.php http://cmi.princeton.edu/wedges/intro.php The end The end Tragedy of commons? • • • • • Antitrust law Public utility law Environmental law Market-traded caps Taxes