Developments in law and policy of energy, commodities and environment
This is the twenty-sixth post in our series on “The ABCs of the AJP.”
As we wrap up our blog series on the climate and energy implications of the Biden Administration’s American Jobs Plan (AJP), it is an opportune moment to revisit our journey from A through Z, and reflect on whether the Biden Administration’s proposed investment in infrastructure can set the nation on a path to achieve its 2050 net-zero target.
Continue Reading Zeroing-In on Net-Zero Emissions
This post is the 17th in our series, “The ABCs of the AJP.”
President Biden’s American Jobs Plan (AJP) sends strong signals in support of carbon capture and sequestration as an important tool to achieve the President’s ambitious decarbonization objectives.
Continue Reading Qualifying Carbon Capture and Storage under 45Q: How Biden’s Infrastructure Plan and Congressional Action May Provide a Realistic Role for CCS in Achieving Net Zero
This blog is the eighth in a series, “The ABCs of the AJP.”
The latest Energy Transition technology now attracting massive investment and policy attention is “green hydrogen” produced using renewable energy to separate hydrogen from water that can be used both for bulk energy storage and then used to fuel gas-fired power plants or hard-to-abate sectors such as manufacturing, shipping and long-haul trucking. President Biden’s American Jobs Plan matches that level of investment and attention by proposing 15 decarbonized hydrogen demonstration projects in distressed communities and by including hydrogen among an additional $15 billion increase in funding for climate R&D priorities. The AJP also includes an expansion of production tax credits for energy storage, that has led to the introduction of at least one bill — SB 1017 – endorsed by the American Clean Power Association proposing a $3/kg tax credit for green hydrogen. …
Continue Reading Hastening the Hydrogen Economy
The UK Government has set itself very stretching emissions targets. A reduction of 68% on 1990 levels by 2030 and a Net-Zero target by 2050. To achieve these goals, the UK established a Committee on Climate Change with responsibility for setting a credible roadmap. It does this though a series of four-year Carbon Reduction Budgets, starting in 2008. The UK met the First and Second Budgets and is on course to meet the Third Budget. However, it is not on course to meet the Fourth and Fifth, covering the period 2023 – 2032. The CCC has set out five main measures to span the gap between the ambition of the 2050 Net-Zero Target and the reality of missing the next two Carbon Budgets. Two of those measures are demand-side. Of the remaining three measures, two involve the increasingly extensive use of hydrogen.
Continue Reading Hydrogen Policy Development in the UK
With the UK due to host the COP 26 climate summit in a year’s time, the UK Government is keen to set out its credentials as a global ‘green‘ leader and demonstrate not only that it can make good on its election promise to level up (with much of the promised Green Industrial Revolution investment being focused in old industrial heartlands in the North of England), but that it intends to seize the coronavirus pandemic as an opportunity to build back better and create a genuine green revolution.
Continue Reading The UK’s 10-point Green Industrial Revolution Plan
Earlier today, the Energy Futures Initiative and Stanford University released a new joint report that provides policymakers in California with an action plan for realizing the significant decarbonization opportunities presented by use of carbon, capture and storage (CCS) technology within the state. The results of the study add to a growing body of evidence demonstrating that CCS is a viable and important near-term option for California in meeting its greenhouse gas (GHG) reduction targets in 2030 and beyond.
Continue Reading The Role of Carbon Capture and Storage in California’s Net-Zero Future
