Bill Spindle of Cipher reports on the challenges of carbon markets. “As COP28 approaches, the industry is attempting a major reboot. After years of intense activity by dozens of study groups and implementation committees, the carbon trading industry has launched fresh initiatives to raise the quality of offsets and codify what claims buyers can credibly...
Maine’s residential electricity rates are already 59% higher than the national average. They will only rise more if Maine cannot build pipelines, transmission lines, and power stations.
"The key is to drive down the green premium and make green product prices competitive against fossil-based product prices – and that’s going to require more than just government subsidies. Financing these projects requires thinking beyond the traditional market to overcome the investment risks involved. It’s going to require the public and private sector working together to deploy these projects."
The faster candidates pivot to making the case for economic freedom, and avoid lower priority fights, the better.
Voluntary carbon markets can accomplish the economic and environmental goals that policymakers and consumers want at a more competitive price.
"We cannot afford to build a clean energy future that makes us more dependent on the likes of Russia or China. Rather, we must bolster our national security by building out our nuclear fleet with abundant and secure supply chains."
The regulatory status quo is not truly recovering endangered species—it’s time to try something new.
A more competitive nuclear industry would be good for energy security and the climate.
"The realities of physics and engineering mean that politicians pushing for an all-EV future run a high risk. Quite aside from the eventual discovery that EVs will disappoint with only a tiny impact on global CO2 emissions, the bigger impacts will come as consumers find vehicle ownership costs and inconveniences both escalating."
"The biggest Grid Innovation recipient is the Minnesota Department of Commerce, which will receive $464 million to coordinate the planning, design, and construction of five transmission projects across seven Midwestern states, known as the Joint Targeted Interconnection Queue (JTIQ) Portfolio. The $1.8 billion JTIQ, launched by the Southwest Power Pool (SPP) and Midcontinent Independent System Operator (MISO) in 2020, aims at building transmission network upgrades along the MISO-SPP seams to enable new generator interconnections."
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