Real-World Steps on Energy and CO2
By ANDREW C. REVKIN
NYT
The ripples are still spreading from a recently released game plan for a “post-partisan” approach to expanding humanity’s energy menu without overheating the climate. The plan, aimed at filling the policy gap left by the death of a carbon cap and trading system, focuses on stimulating innovation and diffusion of non-polluting energy technology through direct investment and procurement policies.
It was a joint product of Mark Muro of the Brookings Institution, The “ Death of Environmentalism” duo of Michael Shellenberger and Ted Nordhaus at the Breakthrough Institute and Steven Hayward of the largely libertarian American Enterprise Institute.
The core goals are building a set of regional, focused energy innovation institutes involving universities, government researchers and private industry and investors; fully investing in the Advanced Research Projects Agency for Energy and meshing that work with the Pentagon’s vast research enterprise; reforming the country’s “morass” of fossil-friendly energy subsidies; shifting and paying for Pentagon procurement efforts to boost energy security; and invigorating work on small nuclear reactor designs, batteries, geothermal power and other energy sources with unfulfilled potential. The money would come from a portion of oil and gas leases, a small fee on imported oil and small surcharge on electricity sales and/or a very small carbon price.
(More here.)
NYT
The ripples are still spreading from a recently released game plan for a “post-partisan” approach to expanding humanity’s energy menu without overheating the climate. The plan, aimed at filling the policy gap left by the death of a carbon cap and trading system, focuses on stimulating innovation and diffusion of non-polluting energy technology through direct investment and procurement policies.
It was a joint product of Mark Muro of the Brookings Institution, The “ Death of Environmentalism” duo of Michael Shellenberger and Ted Nordhaus at the Breakthrough Institute and Steven Hayward of the largely libertarian American Enterprise Institute.
The core goals are building a set of regional, focused energy innovation institutes involving universities, government researchers and private industry and investors; fully investing in the Advanced Research Projects Agency for Energy and meshing that work with the Pentagon’s vast research enterprise; reforming the country’s “morass” of fossil-friendly energy subsidies; shifting and paying for Pentagon procurement efforts to boost energy security; and invigorating work on small nuclear reactor designs, batteries, geothermal power and other energy sources with unfulfilled potential. The money would come from a portion of oil and gas leases, a small fee on imported oil and small surcharge on electricity sales and/or a very small carbon price.
(More here.)
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