Tag Archives: coal

CHARTS: ‘Messy’ US Climate Policy is Kinda Working

Even without a plan, new data shows the country making some climate gains. marsi/Flickr A national climate change plan is nowhere in sight from Congress, and last week the Obama administration pushed back a deadline to crack down on power plant emissions. But despite those—and many other—familiar setbacks, a new report has found that the US is nonetheless inching ahead on climate action. Yesterday the Climate Policy Initiative released a sweeping overview of climate change policies across the globe. It paints a picture of the US that climate hawks might find distressingly, if familiarly, chaotic: A tangle of federal subsidies, differing state-level clean energy mandates, and a host of natural resources, from wind to coal to natural gas, scrambling for political favor. “What makes the US unique is that we have no overall climate strategy where all these policies fit,” said David Nelson, a CPI researcher and lead author of the report, which describes the thicket of state and federal climate policies as “messy but useful,” in that it lacks clarity and direction but can, with luck, produce results. The surprising thing, Nelson said, is that while the US’s approach to dealing with climate change lacks the focus of, say, the EU’s carbon trading market, it must be doing something right: Carbon dioxide emissions have fallen 13 percent in the last seven years, and yesterday the EPA announced that greenhouse gas emissions fell 1.6 percent from 2010 to 2011. New data released yesterday by the federal Energy Information Administration indicates that CO2 emissions could soon start climbing. But they are projected to rise much more slowly than in recent decades—and to stay below their 2007 peak—because of new policies that encourage increased vehicle efficiency, promote renewable energy, and clear the way for the extraction of more low-emissions natural gas through fracking: Tim McDonnell At the same time, state and federal policies boosting energy efficiency will continue to lower energy use, according to the EIA. Energy use is expected to fall off both per capita and, more impressively, per dollar of GDP. That’s a sign that energy efficiency won’t choke economic growth: Tim McDonnell Still, Nelson said, the US could see greater improvements if it adopted a national carbon pricing scheme like the ones recently proposed in Congress, and streamlined coordination between state and federal governments. By way of example, he pointed to a deforestation policy in Brazil (where protecting rainforests is a critical area of climate change mitigation) that stalled because local officials weren’t equipped to enforce it, then sprung into action once the federal government provided adequate resources. The problem for the US, Nelson said, is that without an overarching plan, the best that can be hoped for is that the country’s swirl of climate-policies happen to compliment each other more than they create contradiction or confusion. For now, he’s said, these projections suggest Americans are lucking out: “All the forces are beginning to line up.” Originally posted here: CHARTS: ‘Messy’ US Climate Policy is Kinda Working Related ArticlesAustralia Urged to Formally Recognise Climate Change Refugee StatusScientists Map Swirling Ocean Eddies for Clues to Climate ChangeHow Thatcher Made the Conservative Case for Climate Action

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CHARTS: ‘Messy’ US Climate Policy is Kinda Working

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Q and A: The Angry Economist

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Q and A: The Angry Economist

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Have coal companies been ripping Americans off even more than we already knew?

Have coal companies been ripping Americans off even more than we already knew?

The coal industry, for as much as it whines and frets and fake-cries about how oppressive the government is, gets a pretty sweet deal. We’ve noted before than companies pay 25 cents a ton for coal from public lands and then can turn around and sell it for $35 a ton. (We’ve also mentioned that they often sell that coal to China, meaning we’re subsidizing the world’s largest consumer of coal, but that’s a whole other issue.)

This was reported as eight pounds of coal, probably.

What makes this so much more galling is that the weepy coal companies might not even be paying for all of the coal they’re extracting. From The Hill:

Interior is looking into whether mining firms lowball the value of coal excavated from federal lands to minimize the fees they pay the government. …

Reuters said mining companies are underreporting the price of coal at mine sites — where royalties are assessed — then selling it to marketers that they often times own. Reuters said those intermediaries then ship the coal abroad, where they fetch higher prices.

[Sen. Ron Wyden (R-Ore.)] and Energy Committee ranking member Sen. Lisa Murkowski (R-Alaska) had asked [Interior Secretary Ken] Salazar to examine those charges in a January letter. They said the government could ill afford to lose out on any revenues, noting coal royalties amounted to $898 million in 2011.

The National Mining Association suggests that the Reuters report was inaccurate. Of course, the NMA also went out of its way to propagate the “war on coal” nonsense, so it can be ignored.

As part of its investigation, Interior will review a decade of coal sales, largely from the Powder River Basin region in Wyoming and Montana that provides much of the coal exported to Asia. The department is also considering a new system that would assess a royalty on coal companies’ proceeds rather than tons of coal mined.

Or, to crib from bad parents from the 1950s: Coal companies, we’ll give you something to cry about.

Philip Bump writes about the news for Gristmill. He also uses Twitter a whole lot.

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Have coal companies been ripping Americans off even more than we already knew?

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14 Tips for Using Less Heat this Season

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14 Tips for Using Less Heat this Season

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