Biden rule tells power plants to cut climate pollution by 90 percent — or shut down

“The Biden administration is announcing a climate rule that would require most fossil fuel power plants to slash their greenhouse gas pollution 90 percent between 2035 and 2040 — or shut down.”

Red States Are Trying To Fight The World On Climate

“State Rep. Jeff Hoverson didn’t want anyone getting in the way of using fossil fuels in North Dakota. Not the United Nations. Not international nonprofits. Certainly not the Intergovernmental Panel on Climate Change. So he made a law to stop them. In March, the North Dakota legislature passed a bill that Hoverson co-authored with a state senator. It’s short, sweet and to the point: “A climate control-related regulation of an international organization, either directly through the organization or indirectly through law or regulation, is not enforceable on this state.”
Hoverson told me he isn’t sure what that will mean the next time the federal government wants to sign a climate treaty. Frankly, he’d prefer the feds not have that kind of power, anyway. But while his law stands out for the scope of its ambitions, it’s not exactly an outlier in its spirit. Across the country, bills pushing back against climate policy have been a trend this legislative session, with multiple states proposing — and passing — laws that would undermine efforts to limit greenhouse gas emissions.

Some of the laws aim to support the oil and gas industry in various ways, such as a bill in Indiana that amends clean-energy incentives for utility companies to include building natural-gas power plants as long as they can be said to displace coal, or another in Kentucky barring conservation easements in the state from infringing on the activities of oil and gas industries. Others have taken the form of preemption laws, barring cities and other regional governments from setting more stringent environmental regulations than the surrounding state. This includes laws preventing bans on gas stoves and requiring municipalities to include natural gas as a source of clean energy, as well as bills that would prevent them from banning the use of certain refrigerants before the federal government does.

None of this is exactly good Earth Day tidings. And, more importantly, this legislation highlights what a mess American climate policy is. These laws pit different branches of government against each other, roll back some environmental protections established in legislation of years’ past and, in the case of North Dakota, create laws to prevent things that are not currently happening and likely wouldn’t be enforceable if they did. Meanwhile, plenty of other states are introducing and often passing bills that do directly or indirectly reduce greenhouse gas emissions. The result is that predicting the near-term future of environmental regulation in this country is really hard. And that, economists say, can end up making it more expensive — and less appealing — to reduce emissions.”

Biden’s ‘Buy American’ Electric Vehicle Tax Credits Go Into Effect

“To qualify for a credit, an E.V.’s “final assembly” must occur in North America. If that sounds complicated for a consumer to figure out, the Department of Energy recommends searching individual cars by Vehicle Identification Number (VIN) “to identify a vehicle’s build plant and country of manufacture.” Past that, at least 40 percent of the battery’s minerals and 50 percent of its components must be sourced either from the U.S. or a country with which it has a “free trade agreement.” Those numbers will go up each year until they reach 80 percent and 100 percent, respectively. Meeting only one percentage requirement and not the other qualifies for half of the credit ($3,750).
The rules were written to exclude China. But China owns or controls the overwhelming majority of materials used in E.V. batteries. Not to mention, the European Union also lacks a free trade agreement with the United States. According to the Energy Department, only 14 vehicle models qualify for the full credit: five from Chevrolet, four from Tesla, two from Ford, and one each from Cadillac, Chrysler, and Lincoln. Some others qualify for half-credits due to sourcing requirements—for example, Ford manufactures the Mustang Mach-E’s battery in Poland—but American companies noticeably account for every single qualifying vehicle.

That’s a great deal for those four companies—Ford, General Motors, Stellantis, and Tesla—but a bad deal for everybody else. Numerous foreign automakers sell E.V.s in the U.S. but are disqualified from tax credits unless they build the vehicles domestically using parts sourced in a very specific way. Meanwhile, two versions of the Chevrolet Bolt—which uses outdated battery technology and was briefly taken off the market in 2021 when its batteries were catching on fire—qualify for the full tax credit under the new rules. So even though a consumer might find the similarly priced Nissan Leaf to be more reliable, a $7,500 tax credit might sway them away from it. That would be a boon to Chevrolet’s bottom line as it still gets to charge full price for the car, and the U.S. government will reimburse the purchaser at tax time.”

U.N. Climate Report Recommends Ending Fossil Fuel Subsidies

“There are two primary types of fossil fuel subsidies. Production subsidies offset the costs for companies involved in energy production. Consumption subsidies make the final product less expensive for consumers.”

“Fuel subsidies lower the cost of energy and incentivize consumption: When the price of fuel is artificially lowered, more people will drive and fewer will turn to carpooling and other commuting alternatives. After all, there’s a reason that demand for electric cars surges whenever oil prices spike.”

“A decade ago, a study published by the National Bureau of Economic Research estimated that ending all fossil fuel subsidies would decrease global consumption by 29 billion gallons annually.
Last year’s Glasgow Climate Pact was the first time an international climate agreement included a call to revoke subsidies. Even then, it came after significant opposition from developing countries such as India and China.

The IPCC report notes that ending subsidies can hurt “the most economically vulnerable.” But the IEA noted that “subsidies are rarely well-targeted to protect vulnerable groups and tend to benefit better-off segments of the population.” It recommends prioritizing “structural changes” over short-term relief, while the IPCC report argues that if you want to help poor people pay for transportation, it may make more sense to redistribute the revenue you saved by cutting the subsidies.”

Is the ‘Climate Time-Bomb’ Really Ticking Toward Imminent Catastrophe?

“What is the supposed looming climate catastrophe? Exceeding the threshold in which global average temperature rises 1.5 degrees Celsius above the 1850-1900 baseline. That threshold was established in the 2015 Paris Climate Change Agreement, which aims to hold “the increase in the global average temperature to well below 2°C above pre-industrial levels and pursuing efforts to limit the temperature increase to 1.5°C above pre-industrial levels.” In order to have a 50/50 chance of achieving that goal, the new report calculates humanity must cut its greenhouse gas emissions (chiefly carbon dioxide) basically in half by 2030. Secretary-General Guterres asserted that the report shows that “the 1.5-degree limit is achievable.”
Will humanity inevitably suffer a catastrophic fall if we go over the supposed 1.5 degrees Celsius climatic cliff in 2030? No”

“It is the case that the world’s average temperature is about 1.1 degrees Celsius higher than it was between 1850 and 1900. The bulk of that temperature increase largely stems from burning fossil fuels that have loaded up the atmosphere with extra heat-trapping carbon dioxide. Atmospheric carbon dioxide stood at about 285 parts per million around 1850, rising to about 316 ppm by 1958 and is now at 420 ppm.

The report states that the evidence has “strengthened” that man-made global warming is responsible for observed changes in extremes such as heat waves, heavy precipitation, droughts, and tropical cyclones. Recent studies do show that the intensity, frequency, and duration of heat waves have increased since the 1950s and that the frequency of heavy rainfall events has also risen. On the other hand, clear evidence for changes in global trends in meteorological drought is lacking and global tropical cyclone accumulated energy (a measure of the combined duration and strength of tropical cyclones) is not increasing.”

“the report does not put a dollar figure on the losses that are projected to result from unmitigated climate change. Perhaps, as the report asserts, that is because “cost-benefit analysis remains limited in its ability to represent all avoided damages from climate change (high confidence).” Still, the report does note, “Even without accounting for all the benefits of avoiding potential damages the global economic and social benefit of limiting global warming to 2°C exceeds the cost of mitigation in most of the assessed literature (medium confidence).” A discreet footnote observes, “The evidence is too limited to make a similar robust conclusion for limiting warming to 1.5°C.” So the costs of trying to keep temperatures from increasing by 1.5 degrees Celsius might be greater than the benefits?”

UN climate report shows world is flying blind into the storm

“Extreme weather events of the past few years — including the 2022 heat wave that sent temperature records tumbling across much of Europe, and the floods that devastated Pakistan last year — have surprised some of the world’s top climate scientists with just how far they sat outside the normal range.
Experts still know relatively little about when and where these types of extreme climate events will happen. Or what happens when two events, like a drought and a heat wave, hit one place simultaneously. That’s because scientists have tended to look at broader averages across regions, rather than the most intense extremes in specific locations.

“We haven’t asked the models [to] come up with an outrageously high temperature number, like 50 degrees in Canada” — a mark reached during a heat wave in 2021 — “and work out how likely that is or if that’s possible,” said Friederike Otto, an author of the IPCC report and senior lecturer at Imperial College London. “And I think that’s why these are surprises.””

Leading climate scientists send the grimmest of warnings

“he U.N. Intergovernmental Panel on Climate Change, an international body made up of the world’s leading climate scientists. Its latest report on the science and consequences of global warming was seven years in the making, writes POLITICO’s E&E News reporter Chelsea Harvey.
“The report clearly notes that the effects of climate change grow worse and worse with every little incremental bit of additional warming,” Chelsea told Power Switch. “So it’s imperative to reduce emissions as swiftly as possible in order to limit even worse outcomes in the future as much as we can.”

The assessment sends a warning that the effects of climate change are already happening. And humanity is not on track to curb carbon pollution from fossil fuel production, agriculture and other sources enough to halt warming at 1.5 degrees Celsius, the most ambitious international target.

In fact, at the rate the world is burning carbon, the 1.5 C threshold will likely arrive in the next decade.

The world has already warmed 1 degree since the preindustrial era. Wildfires, floods, droughts and hurricanes are growing more severe. Sea levels are swelling as coastal communities and island nations face existential threats from encroaching waters.

Intensifying droughts and agricultural disruptions are creating food and water insecurity. Infectious diseases are surging. And people around the world are increasingly being displaced by climate-fueled disasters.

Human mortality rates from climate disasters were 15 times higher in highly vulnerable regions of the world, compared with more developed places, the report found.”

Democrats Say They Support Green Energy. Why Do Their Policies Say Otherwise?

“Greater reliance on green energy also requires a stupendous increase in mineral extraction to provide the needed materials. Even if the world unquestionably possessed the mineral capacity necessary for the global energy transformation envisioned by President Joe Biden, Democrats in practice are enemies of mining. The U.S. Mining Association estimates that the country has $6.2 trillion of recoverable mineral resources like copper and zinc available for mining on millions of acres of federal, state, and private lands. Unfortunately, our labor, health, and climate regulations often make it practically impossible to profitably mine. As a result, these precious resources stay in the ground, which explains why the United States went from being the world’s No. 1 producer of minerals in 1990 to seventh place today.
Democrats committed to a green energy transition should make it a priority to reform counterproductive regulations like the National Environmental Policy Act (NEPA) and to implement other permitting reforms. Yet for the most part they won’t do so, as we saw when they helped strike down the permitting deal cut last year between Senate Majority Leader Chuck Schumer (D–N.Y.) and Sen. Joe Manchin (D–W.Va.).”