• 5 minutes Iran Says It Arrested 17 CIA Spies, Some Sentenced To Death
  • 9 minutes Will We Ever See 100$+ OIL?
  • 13 minutes Iran downs US drone. No military response . . Just Destroy their economy. Can Senator Kerry be tried for aiding enemy ?
  • 18 hours Iran Loses $130,000,000 Oil Revenue Every Day They Continue Their Games . . . .Opportunity Lost . . . Will Never Get It Back. . . . . LOL .
  • 11 mins Platts says if Iran's 2 mm bbls exports comes back on market oil goes to $40 . . . What about new Permian pipelines 2.47 mm bbls coming ? . . . WHAT IF BOTH IRAN AND PERMIAN TOTAL 4.47 mm added bbls . . . OMG !
  • 10 hours Renewables provided only about 4% of total global energy needs in 2018
  • 3 hours Today President Trump Questioned U.S. Policing the Straits of Hormuz for Rich Asian Countries. Allies Britain and Japan were asked to participate. Said NO. US spends $100 Billion/year Protecting Mideast Shipping Lanes!
  • 7 hours So You Think We’re Reducing Fossil Fuel? — Think Again
  • 31 mins Millions of Barrels of Iranian Oil Are Piled Up in China’s Ports
  • 2 hours N.Y. Governor Signs Climate Bill
  • 7 hours Oil Giant Saudi Arabia Is Set to Start First Wind-Power Plant
  • 7 hours EIA Reports Are Fraudulent : EIA Is Conspiring With Trump To Keep Oil Prices Low
  • 1 day Berkeley becomes first U.S. city to ban natural gas in new homes
  • 20 hours U.S. Administration Moves To End Asylum Protections For Central Americans
  • 1 day How is E&P of Marginal Oil on the UKCS Similar to the Shale Oil Operations in the US?
  • 1 day Shale Oil will it self destruct?
Alt Text

The Real Cost Of Renewables In The U.S.

Replacing legacy fossil-fueled infrastructure will…

Alt Text

What’s Behind The Drop In Renewable Spending?

Renewable spending is dwindling across…

Gloria Gonzalez

Gloria Gonzalez

Gloria is a writer for Environmental Finance.Environmental Finance is the leading global publication covering the ever-increasing impact of environmental issues on the lending, insurance, investment…

More Info

Premium Content

US Renewables Legislation Could Delay, Rather Than Derail, Carbon Price – Lobby Groups

Pursuing an energy-only bill in the US Senate this year does not preclude the possibility of putting a price on carbon in the future, renewable energy advocates said, even as they vowed to fight for both.

If a market mechanism to price carbon is not achievable before Congress adjourns ahead of the mid-term elections in November, then a clean energy policy centred on a federal renewable electricity standard and energy efficiency initiatives is the minimum goal for a new coalition of renewable energy, energy efficiency and biofuels organisations seeking comprehensive legislation.

“From our perspective, putting a price on carbon or capping carbon is critical to driving energy efficiency to its greatest potential,” said Kateri Callahan, Washington,DC-based non-profit at the Alliance to Save Energy. “However, there is a lot that can be done short of putting a price on carbon to drive energy efficiency and, I would argue, renewable energy.”

But Callahan also wanted to “dispel the myth” that passing clean energy legislation without a carbon cap or price this year would hurt the prospects of such legislation going forward “In fact, we think it might help,” she said, because it could lower the cost of a future programme to control greenhouse gas emissions.

“We certainly don’t believe that will hurt our ability to get the rest of our goals down the line when they’re possible,” said Ted Michaels, president of the Energy Recovery Council, a trade organisation representing the waste-to-energy industry.

There is significant bipartisan agreement on many provisions of the legislative proposals put forth, leading to the belief that some form of a clean energy bill can move forward this year.

“I think we are hopeful and optimistic for the first time in months,” said Denise Bode, chief executive officer of the American Wind Energy Association (AWEA).

But that doesn’t mean that the coalition is giving up on putting a price on carbon at the federal level, its members said.

“We’re very carefully saying we want to get both as quickly as possible,” Bode said.

The coalition is comprised of the Alliance to Save Energy, AWEA, Biomass Power Association, Business Council for Sustainable Energy, Energy Recovery Council, Geothermal Energy Association, ethanol group Growth Energy, National Hydropower Association and Solar Energy Industries Association.

Gloria Gonzalez

Source: Environmental-Finance




Download The Free Oilprice App Today

Back to homepage


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play