Volvo Trucks Pushes For Price On Carbon Emissions
Volvo Trucks is a leader in battery electric trucks in Europe and the US and making plans to continue leading the field.
Carbon pricing
US Industrial Natural Gas Consumers Could See 56% Higher Bills With Methane Leak Price
Remarkably, in 2022 the USA managed to get a greenhouse gas price through Congress. It wasn’t on carbon dioxide, the biggest problem, but it was on methane, the second biggest greenhouse gas problem we humans create. Perhaps more remarkably, it was explicitly on the oil and gas industry and excluded … [continued]
IMO Agrees To First Tax On Shipping Emissions
The IMO has a bold new plan to address shipping emissions from oceangoing cargo ships by taxing each ton of carbon dioxide emitted.
The Price Of Durable Carbon Removal Is The Price Of Carbon
At present, we lack a carbon market that effectively incentivizes emissions reductions at the scale needed to limit global warming to below 1.5 degrees Celsius. Tethering the carbon price to the cost of carbon dioxide removal provides a pathway to effectively determine the value of carbon emission reductions. Humanity is … [continued]
The Energy Transition Will Pay Dividends
If we aggressively pursue the energy transition, every one of us will receive dividends as we invest in a brighter future. As is the case with many investments, the energy transition may be justified (and sold) based on the dividends alone. The fact that our offspring inherit a livable world might just be a side benefit.
2035: Clean Grid 90%, Electrify 50%
For those deeply interested in our future energy system and how it will evolve, I highly recommend two in-depth papers published in the last year. Here I will show a similar vision step-by-step using some of the same assumptions and publicly available data using “back of the envelope calculations” (spreadsheets).
100% By 2035? 90% Might Be Better: Consider The Opportunity Costs
I would love to have 100% clean electricity by 2035. Such a goal is admirable for its audacity and for its ability to get people motivated. For that I applaud it. But when we get down to it, will it be smart policy? Could it be that 90% would provide greater carbon savings than 100%?
Greening The Grid: Resource Adequacy, Intermittency, & Carbon Pricing
To green the grid, we must adopt a strategy of meeting our energy needs with low-cost renewable wind and solar resources. The obvious question is how to resolve the intermittency issue (what happens when the wind doesn’t blow or the sun doesn’t shine). Solving this problem is a necessary ingredient for “saving the planet.”
COVID-19 Is The Catalyst We Need To Push Renewable Energy Forward
The coronavirus has devastated business as usual. Perhaps now is the time to think about what business should look like in the future instead of the past?
BP Withdraws From Three Fossil Fuel Industry Trade Groups
BP says it is ending its association with three oil trade groups over disagreements about climate change policies.
