"'We maybe celebrated the passage of the IRA a little bit too early,' he said. 'I’m hearing talk — and I’m struggling to embrace this — about the need for additional tariff measures on top of, not instead of, on top of the very substantial subsidies associated with the IRA in order to further drive domestic manufacturing.'"
"The right way is to adopt policies that spur investment in the new technologies needed to reduce greenhouse gas emissions more cost-effectively in the longer term without placing unreasonable burdens on American consumers and workers in the short term."
It’s imperative that we reform the environmental permitting process to strike a better balance between environmental protection and responsible resource development.
“More than 30 commercial facilities have been announced across the world in the last three years. Potential investment in CCUS projects is estimated at around $27 billion, more than double the level of investment planned in 2017."
“[Biden will] focus on reversing all the environmental regulatory rollbacks by President Trump, but beyond that Biden is expected to incorporate climate policies into other agencies. Two I’m watching closely are independent but nonetheless traditionally pursue policies the sitting president supports.”
“Since [2009], Gulfstream’s robust sustainability programme has grown to include aircraft operational efficiency, eco-friendly buildings and the use of sustainable aviation fuel (SAF) for its corporate, demonstration, customer support and flight test fleets in Savannah."
Whether you blame the changing climate or just bad weather, we need a power grid that is better prepared for emergencies. Strengthening the grid won’t be easy, but it can be done.
"Quietly, the same forces are at work in the environmental sector—reducing CO2 emissions, magnifying the role of citizen scientists, and addressing distributed sources of pollution that government agencies find difficult to address. The growth of personal environmental technologies is not new. What is now clear, however, is how small actions by thousands or millions of people can aggregate to produce big environmental benefits."
"The EIA projections enable us to estimate how much Biden’s wind flotilla will cost consumers. If all 30,000 megawatts of offshore wind are built and the turbines operate at a 50 percent capacity factor (meaning they produce at full output half of the time), they will generate about 131.4 million megawatt-hours per year. At $121 per megawatt-hour, that energy will cost about $15.9 billion per year."
"A carbon tax would impose huge costs on poor people in the United States and across the world, and yet we continue to push it forward, while we appropriately worry about income distribution."
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