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Last November, the Union of Concerned Scientists (UCS) released an interdisciplinary study exploring the various pathways to meeting US goals to cut heat-trapping emissions economywide 50 to 52 percent below 2005 levels by 2030 and achieve net-zero emissions no later than 2050. The good news? Let’s dig into it a bit.
The transition to cleanenergy is also expected to bring economic benefits to the state. According to a 2021 report by the New Jersey Economic Development Authority, the cleanenergy industry is projected to create 27,000 new jobs and add $4.8 billion to the state's economy by 2030.
Last week was a big one for cleanenergy in Michigan. First, Union of Concerned Scientists and the Michigan Environmental Justice Coalition released a new report on how Michigan and other states can achieve 100-percent renewable energy standards that benefit all communities. Consumers’ plan wisely avoids that risky path.
Today, California took another important step in planning for the transition to cleanenergy, a step that’s been a long time coming. Over time, the CPUC has gradually ratcheted down the 2030 target, reducing it to 38 MMT two years ago, and reducing it once more to 30 MMT with today’s decision. Source: CPUC.
The most consequential vote to advance a cleanenergy future won’t be happening in Washington, D.C., billion in new transmission investments to accommodate a shift to cleanenergy. billion in new transmission investments to accommodate a shift to cleanenergy. or your state capital next week. billion to $11.6
Additionally, long-term energy plans consider how utilities will operate their existing power generating facilities and what type of new facilities they might build and when. While this is a significant improvement, DTE still falls short of the MI Healthy Climate Plan’s target for the state to be coal-free by 2030.
The most promising and comprehensive solution is to meet grid reliability needs with clean resources rather than gas plants. Study after study after study has shown that a geographically diverse mix of cleanenergy solutions (including solar, wind, energy storage, and transmission) can go a long way towards maintaining grid reliability.
At present, California effectively has a ban on new nuclear power plants, but some California legislators are interested in rolling that back ostensibly to advance California towards its cleanenergy goals. Diablo Canyon is now Californias last operational nuclear power plant, but its currently slated to shut down by 2030.
Energy storage, or the storing of electricity for later use on the power grid, plays an important role in the cleanenergy transition. Illinois is currently considering policy proposals to establish a statewide energy storage target. For instance, around 3,000 megawatts (3 gigawatts) of storage capacity is needed in 2030.
Senate Bill (SB) 271 requires utilities to achieve, at a minimum, renewable energy-generated electricity sales of 50 percent in 2030 and 60 percent in 2035. Additionally, SB 271 requires utilities to achieve a “cleanenergy” portfolio of at least 80 percent in 2035 and 100 percent in 2040. What’s In the Bills?
And yet these corporations’ actions reveal they are greenwashing: In its latest energy transition strategy, Shell abandoned a key climate target for 2035 and weakened its 2030 emissions reduction pledge. BP walked back its emissions reduction target and reversed its commitment to cut back oil and gas production by 40% by 2030.
The legislation committed nearly $400 billion to support, among other things, wind and solar power, battery storage, electric vehicles, and other cleanenergy technologies that will make a significant dent in US heat-trapping emissions. How is that going to happen? Below is an abridged version of our conversation.
This could accelerate the reuse of used electric vehicle batteries in grid energy storage. More than 200 gigawatt-hours of used electric vehicle batteries will be available for energy storage reuse by 2030, which would satisfy projected grid storage battery demand. Increase access to information.
We need to quickly transition to a cleanenergy future in Illinois to prevent additional negative public health impacts from fossil fuel plants. The CleanEnergy Jobs Act (CEJA) HB 0804/ SB1718 is the only bill that puts Illinois on a path to 100% carbon-free electricity by 2030 and 100% renewable energy by 2050.
Their ambitious plans now call for fast-tracking deployment of solar and tripling cleanenergy capacity by 2030. As the conflict in Ukraine rages, European leaders are pushing for a faster switch to renewables as part of a strategy to end dependence on Russian gas. Read more on E360 ?.
IEA says its report is designed to be used as a handbook for policy-makers at the COP26 summit and offers a critical opportunity to accelerate both climate action as well as the cleanenergy transition. The social and economic benefits of accelerating cleanenergy transitions are huge, and the costs of inaction are immense.”.
The progress in the numbers The new numbers are from the federal Energy Information Administration (EIA), which collects data from power plant operators from across the country. They offer a lot of good news about cleanenergy progress. Renewables up, coal down More renewable energy is desirable for a lot of reasons.
The Massachusetts Executive Office of Energy and Environmental Affairs (EEA) and Department of Environmental Protection (MassDEP) announced that proposed amendments to the state’s CleanEnergy Standard (CES) were finalized earlier this month without substantive changes from draft language initially proposed by the agencies in April 2022.
The state plans to reduce heat trapping emissions 28 percent by 2025 and 52 percent by 2030 below 2005 levels, and to become carbon neutral by 2050. The rationale behind the proposal is to help utilities decarbonize their operations more rapidly and support Michigan’s ambitious goal of achieving economy-wide carbon neutrality.
Zero coal by 2035, 24 GW solar/wind by 2030, net zero emissions by 2050, including upstream and downstream emissions. Net zero by 2030, 50% cut from 2007 by 2030. Dominion Energy. Net zero emissions from operations, 50% cut from 2000 by 2030. 80% by 2050, 60% by 2030 (2000 baseline). Xcel Energy.
On August 10, the Erie 2030 District , a group comprising 17 Erie County property partners spanning public and private organizations representing 120 buildings and over 4.9 In 2020, the Erie 2030 District reduced energy usage to 13 percent below the baseline, a slight increase from 14.8 percent in 2019. percent in 2019.
Today, the regional entity overseeing much of the electric power grid in the Midwest—the Midcontinent Independent System Operator (MISO)—approved a set of major new transmission system upgrades that will bring billions of dollars in benefits to the region while better enabling states and utilities to pursue transitions to cleanenergy.
We already have so many of the foundational technological building blocks of the cleanenergy transition at hand: renewables, energy efficiency, energy storage, and pathways to electrifying a vast array of energy end uses. Now we need to rapidly accelerate the cleanenergy momentum already underway.
On January 26, the Minnesota House of Representatives passed House File 7 —the 100% CleanEnergy Bill. Now, with climate and cleanenergy majorities in both chambers, Minnesota is poised to join other leading states in updating its cleanenergy policies equitably with benefits for all residents.
From a national perspective, the land use needed to reach our cleanenergy goals is modest. But for states like California, with large populations, an ambitious and necessary cleanenergy timeline , and ongoing natural resource issues , where to actually build these projects will require thoughtful planning.
Based on numerous sources, Governor Baker has now signed an Act Driving CleanEnergy and Offshore Wind. This bill includes a number of key advancements for increased adoption of zero emission vehicles and clean transportation throughout the Commonwealth. Stay tuned for Foley Hoag’s continuing zero emission transportation series.
6 is still driving up Ohioans’ electricity bills—and undermining the state’s prospects for a cleanenergy future. The subsidies insulate the utilities from the costs of expensive, uneconomic coal and provide a disincentive for them to invest in cheaper cleanenergy resources. OVEC contributes to high energy burdens.
It’s worth delving into because it has some important implications for our cleanenergy future. Source: UCS Accelerating CleanEnergy Ambition. But after the IRA incentives expire in the early 2030s, we see gas and coal generation rebounding and US heat-trapping emissions flattening out.
The combination of offshore wind turbines, floating solar panels and green hydrogen are some of the hybrid cleanenergy technologies currently under development off the Dutch coast. . The low-lying European country is using its expertise in water engineering to build up its next wave of cleanenergy infrastructure.
Over the past year, precisely as our ability to identify the specific magnitude of action required to hit 2030 climate targets of 50-52 percent below 2005 levels has resolved into ever clearer view, the range of viable pathways for meeting those targets has consistently and considerably narrowed. It’s the only forward course.
As the G20 countries are collectively responsible for 80% of global emissions, the aim of reducing the emissions by 55% by 2030, is at the top of the corporate agenda.
Can New York State satisfy nearly 30 percent of its electricity needs with solar projects less than five megawatts in size by the year 2030? Of this, 1,357 MWs would be targeted to an expanded Solar Energy Equity Framework. billion in NY-Sun Program funding to achieve the incremental four GW target by 2030. Ratepayer Costs.
The best hope now for Minnesota legislators to act on the climate and energy agreement is a special session. With only eight years left to attain 80 percent of emission reductions in the electricity sector by 2030 and lay the foundation to meet economy-wide climate goals, they need to get back to work to finish the job before 2023.
Use batteries for more than just driving What if EVs weren’t just a clean transportation solution, but a cleanenergy solution too? By signing SB 59, Newsom could turn the clean transportation future he was instrumental in building into a cleanenergy reliability asset.
While Citi touts its $1 trillion Sustainable Finance by 2030 Goal, that figure includes the bank’s full range of environmental, social, and governance investments. BloombergNEF calculated Citi’s 2022 Energy Supply Banking Ratio (that is, financing for low-carbon projects and companies compared to financing for fossil fuel activities) at 0.6:1.
Momentum is building for an agreement at the COP28 climate summit in Dubai to triple renewable energy capacity and double the rate of energy efficiency gains by 2030
These climate, health and justice imperatives are the reason the world needs to phase out fossil fuels and transition to cleanenergy rapidly. The reality is that technological CCS/CCUS cannot contribute meaningfully to emission reductions in the 2030 timeframe—a fossil fuel phaseout must be focused on deep, direct cuts in this decade.
With respect to the electricity grid, CEJA directs the Illinois Commerce Commission (ICC) to prepare a Renewable Energy Access Plan (REAP) to help ensure that cleanenergy resources can connect to the grid and be ready to replace coal and gas plants.
To no one’s surprise it contained zero funding to address climate change – not even for cleanenergy – which the document referred to multiple times. So while it likes to talk about Ontario’s “cleanenergy advantage”, the government is actively dismantling it. It will be something to watch.
On Wednesday, Oregon Governor Kate Brown signed a package of four cleanenergy bills. These laws ban new fossil fuel plants and set aggressive targets for the state’s two major utilities, requiring emission cuts of 80% by 2030, 90% by 2035 and 100% by 2040. These bills move Oregon to the forefront of climate action.
Renewable energy will help with all of that—but we need a grid that is designed for wind and solar instead of having to rely on expensive coal and gas plants. These kinds of transmission investments will help get these surplus amounts of cheap, cleanenergy to other areas across the region.
Last year’s Inflation Reduction Act (IRA) included a clean hydrogen production tax credit (known as “45V”) that is one of a slew of new incentives intended to help catalyze the next and necessary phase of advancing the nation’s cleanenergy transition as a whole. The costs will be too great otherwise.
Quite the opposite: today’s high oil and gas prices are a fresh reinforcement, if we needed that, for why a rapid transition to cleanenergy is imperative. A rapid cleanenergy transition is (still) the best path forward. Multiple crises colliding with climate change.
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