Exiting the Paris Agreement: A Small Piece of Trump’s Larger Dismantling

Exiting the Paris Agreement: A Small Piece of Trump’s Larger Dismantling

The Paris Agreement is intended to bring nations together to address and combat climate change with a goal of keeping global temperature rise this century to well below 2 °C (3.6 °F above pre-industrial levels). In this blog, we discuss what the Administration’s decision to exit from the Paris Agreement means for the energy and utility industries in the United States.…

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Clean Power Plan Advances Another Step Forward

Well, there you have it. Last week the U.S. Court of Appeals for the District of Columbia Circuit denied a petition by Clean Power Plan opponents, led by fossil fuel industry interests and several states to suspend implementation of Environmental Protection Agency’s (EPA) Clean Power Plan. The CPP was debated, commented on, and modified to reflect the views of many stakeholders before...

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Reflections from COP21: What the Paris Agreement Means for Business in the Energy and Utilities Industries

The 21st Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) concluded on Saturday, December 12, 2015. The conference concluded  with a much anticipated and landmark agreement, the Paris Agreement, by 195 countries to “keep global temperature rise this century well below 2 degrees Celsius and to drive efforts to limit the temperature increase...

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Clean Power Plan a “Hot Topic” at Regulatory Conference

The Clean Power Plan (CPP) and its many implications sparked a lot of great dialogue at the Center for Public Utilities’ “Current Issues 2015” regulatory conference held last week in Santa Fe, N.M. Among the audience of state public utility commissioners and utility executives in charge of regulatory strategy, the proposed CPP and anticipation of the final rulemaking this summer was a...

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Methane Regulations & US EPA’s Clean Power Plan Compliance Strategies

The US EPA’s Clean Power Plan proposed in June 2014 is a key component of President Obama’s Climate Action Plan.  When final, the rule will require a 30% reduction in carbon emissions from the power sector by 2030 from 2005 levels, with an interim goal in 2020. Many have speculated about what this regulation will mean for electricity producers across the nation, but a common prediction is that...

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Clean Power Plan: Latest News to Know

Hawaiian Industries to Increase Clean Electricity Production Following Merger On December 3rd, NextEra Energy, Inc. and Hawaiian Electric Industries (HEI) announced an agreement under which the companies agreed to combine. The transaction is valued at approximately $4.3 billion.  Jim Robo, chairman and chief executive officer of NextEra Energy, commented on the transaction, stating that the...

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Regulatory Update: What’s Going on in Your State

The comment period for the proposed Clean Power Plan ended on December 1st, and EPA is beginning to review the feedback from impacted states, utilities, and other entities.  Following is a synopsis of some recent developments: Peabody Energy’s opposition to the CPP was validated recently by comments from Laurence Tribe — President Obama’s constitutional law professor at Harvard Law...

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Carbon Markets – An Early Front Runner for CPP Compliance?

USEPA’s Clean Power Plan requires states to reduce power plant emissions by 30% from 2005 levels by 2030.  States are given some flexibility in how they choose to meet the standard, but they are required to submit compliance plans detailing their approach by June 30, 2016.  While a variety of compliance mechanisms are available, including greater investments in renewable energy, energy...

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Measurement & Verification – One Challenge of the Clean Power Plan

The EPA’s proposed Clean Power Plan (CPP) allows states to build their implementation plan on any combination of policies that the state deems appropriate to meet the carbon emission reductions. Fact sheets released by the EPA list a variety of potential mechanisms that states could use to comply with CPP, including: demand-side energy efficiency programs renewable energy standards efficiency...

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