Transcript PPT - National Journal

EPA Energy Regulation Discussion
Featuring
Clare Foran
National Journal Correspondent
@ckmarie
Moderator, Katharine Conlon
Presentation Center
@KatharineConlon
If you experience any technical difficulties, please
contact
Anna Lemp at [email protected]
Clean Power Plan Sets Individual State Goals for
Reducing Emissions from Power Plants
2030 Emission Goals by State, Percentage Reduction from 2012 Historic Emission Values
WA
Recommendations and
detected threats
ND
MT
OR
VT
MN
ID
SD
WY
MI
PA
IA
NE
NV
UT
IL
CO
CA
KS
AZ
NM
OK
TX
OH
IN
MO
WV
VA
KY
NC
TN
AR
SC
MS
AL
GA
LA
AK
FL
HI
NH
MA
CT RI
NY
WI
ME
NJ
DE
MD
0-10%
11%-20%
21%-30%
31-40%
41-50%
No data*
*Vermont has no fossil-fuel electric power plants. Alaska and Hawaii have unique grid situations, and the EPA is still working on establishing their goals.
Source: U.S. Environmental Protection Agency, “Clean Power Plan State-Specific Fact Sheets,” August 3, 2015; National Journal Research, 2015.
1
Carbon Dioxide Emissions are Down 15%
Since 2005 Levels
Carbon Dioxide Emissions from Electric Power Sector, 2000-2014
(Million Metric Tons of Carbon Dioxide)
2417 MMmt
2051 MMmt
1643 MMmt: 30% Emission
Reduction Goal for 2030
Source: U.S. Energy Information Administration, “July 2015 Monthly Energy Review,” July 28, 2015; Perry Lindstrom, “Lower Electricity-Related CO2 Emissions Reflect Lower Carbon Intensity and
Electricity Use,” U.S. Energy Information Administration, October 23, 2014.
2
States Can Decide How to Reach Goals
for Reducing Emissions
Methods for Reducing Carbon Dioxide Emissions
Shift from coal
power plants to
natural gas power
plants
Increase in
renewable
energies such as
solar, wind, and
nuclear energy
Establish
programs to
promote energy
efficiency in
homes
Source: Brad Plumer, “How Obama’s Clean Power Plan Actually Works – Step by Step,” Vox, August 4, 2015.
Utilize a cap-andtrade program or
carbon pricing
3
Clean Power Plan Creates Political Tension
Winners and Losers with the Clean Power Plan Rule
Winners
President Obama
The rule would be an achievement for President
Obama’s climate change agenda
Renewable Energy
States will bring in more renewable energy
sources, like solar power and wind energy
Nuclear Power
The rule will offer up incentives for building or
upgrading nuclear power plants
Cap-and-Trade
The rule encourages states to use a cap-and-trade
program, and includes an option of interstate capand-trade
Lawyers
Legal battles over the rule will drag on and require
participation from lawyers of both sides
Losers
Purple State Senators Facing Tough
Elections
Candidates facing tough elections will have to
make decisions that could potentially alienate one
side of the battle
Natural Gas
The rule projects that power from natural gas will
be identical to business-as-usual scenario, due to
incentives from zero-emission sources
Coal
The rule is likely to trigger even more coal-plant
shutdowns, reducing demand for coal
Carbon Capture and Storage
The new rule will not rely on carbon capture as
much as what was expected in the previous draft
of the rule
Source: Clare Foran and Jason Plautz, “Winners and Losers in President Obama’s Global Warming Rule,” National Journal, August 2, 2015.
4
States Have Seven Years to Meet Initial
Emission Reduction Goals
Timeline for President Obama’s Clean Power Plan
2016
States may
begin
submitting
plans to the
Environmental
Protection
Agency
2018
States with
extensions
must submit
plans to the
Environmental
Protection
Agency
Source: Alex Guillen, “Obama Issues Landmark Climate Change Rule,” August 3, 2015.
2022
States must
start cutting
their carbon
dioxide
emissions
2030
States
continue to
follow the goal
that was set
5