MIT22_081JF10_lec23

MIT22_081JF10_lec23 - National Energy Policy Discussion...

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National Energy Policy Discussion± 22.811 Fall 2010± December 2, 2010 Page 1
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Agenda± Policy overview Carbon emission policies± nergy security Energy security Economics Politics December 2, 2010 Page 2
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Policy Overview- Current and Historical EISA RPS Cap & Trade CAFÉ Low Carbon Fuel Standard± Stimulus Package DOE – ARPA-E – Loan Guarantee EPA CAA December 2, 2010 Page 3
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Agenda± Policy overview Carbon Emission Policies± nergy security± Energy security± Economics Politics December 2, 2010 Page 4
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Carbon Emissions Policy± The riven Senate, with the decision today not to close out a modest package of energy initiatives focused on oil drilling, is basically saying the following: Don’t look for the vital 21st-century energy quest, let alone a reality-based approach to global warming, to begin within the borders of the United States. - Andrew Revkin, New York Times (August 3, 2010) December 2, 2010 Page 5
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Carbon Emissions Policy± Do we need federal legislation to have national policy in the US? December 2, 2010 Page 6
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Regional Efforts± GHG Reduction Targets± Western Climate Initiative Western Climate Initiative Observer MGGRA Observer Midwest GHG Reduction Accord RGGI Observer & TCI Regional Greenhouse Gas Initiative & TCI RGGI: Cap emissions at current levels in 2009 Reduce emissions 10% by 2019. WCI: 15% below 2005 levels by 2020 December 2, 2010 Page 7 Image by MIT OpenCourseWare.
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December 2, 2010 Page 8 ± Plan Complete Plan In-Progress No Plan Image by MIT OpenCourseWare. State Efforts± Example Policy Measures •± Renewable Portfolio Standards •± Cap-and-Trade (CA) •± Power Plant Efficiency Standards •± Building Efficiency Standards± CAFÉ É standards CAF standards •± Low Carbon Fuel Standards •± Adaptation Policy •± Sea Level Rise •± Wild Fire •± Drought ±
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State Efforts± Example State Targets •± California: 1990 levels by 2020, 80 percent below 1990 by 2050± •± Minnesota: 15% below 2005 levels by 2015, 30% below 2005 levels by±
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MIT22_081JF10_lec23 - National Energy Policy Discussion...

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