THE WIND INDUSTRY is finally seeing a phase-out of the federal subsidies that have kept it alive over the past several decades. Ending that corporate cronyism is long overdue.
WASHINGTON (Reuters) - When the administration of U.S. President Donald Trump proposed new subsidies for coal and nuclear plants, it seemed like an obvious way to deliver on campaign promises to boost the nation’s energy industry.
While CO2 concentrations are now higher than they have been in at least 800,000 years, the gas still only accounts for a tiny 0.04% of our atmosphere.
However, extracting carbon dioxide from well mixed air is not just technically difficult, it's expensive as well.
Global investment in low-carbon energy reached USD 850 billion in 2016, with USD 297 billion of that flowing to renewable energy technologies and USD 231 billion to energy efficiency. Much of this investment has been underpinned by government policies and regulation targeted at supporting the shift to a low-carbon energy sector. Yet investment in the deployment of another critical climate technology – carbon capture and storage (CCS)1 – is falling well behind, with only around USD 1.2 billion invested in 2016.
Speaking at the Europe Middle East and Africa (EMEA) CCS Forum at the Port of Rotterdam, Global CCS Institute CEO, Brad Page, said CCS is the solution to a raft of climate, economic and social problems.
[TRIANGLE, VA.] The United Mine Workers of America (UMWA) supports today’s withdrawal of the Clean Power Plan (CPP) by the Trump administration, while at the same time encouraging the administration to move quickly to propose a more reasonable replacement rule and step up support of carbon capture and storage (CCS) technology and its commercial application.
IN SEPTEMBER, I joined with the general presidents of other unions in submitting a joint letter to U.S. EPA Administrator Scott Pruitt proposing a sensible alternative to the overreaching, job-killing, industry-disrupting Clean Power Plan.