Obama Reveals Climate Change Plan

Today President Obama gave a speech outlining the administration's plan to take on climate change. (Video of the speech available on YouTube, and the White House published an infographic as well.) Most significantly, Obama's plan would have the EPA set limits on carbon pollution from all U.S. power plants, a goal already meeting resistance from Republicans. The plan also sets the goal of funding enough solar- and wind-based energy projects on public lands to power over 6 million homes by 2020. By 2030, it aims to use efficiency standards to reduce carbon pollution by 3 billion metric tons. Obama called for new efforts to deal with extreme weather like Hurricane Sandy. He also pointed out the difficulty in getting emerging industrial economies to be environmentally conscious. To that end, the plan calls for the end of U.S. support for financing coal power plants in foreign countries, unless those plants use carbon capture and sequestration technologies. The speech addressed the controversial Keystone XL pipeline, which would carry up to 800,000 gallons of oil per day from Canada into the U.S. Obama indicated that approval for the pipeline would be tied to emissions goals.

Comments

When is "not enough" still good enough?

[47Ronin]

Friends of the Earth's climate and energy program director Damon Moglen said the President's climate plan is "not enough" and needs to be more ambitious.
http://www.foe.org/news/archives/2013-06-statement-on-president-obamas-climate-plan

Well isn't doing something like this, which causes so much angst from the energy sector and Republicans, at least a step in the right direction? Using a US football analogy, we can't always make a touchdown with every effort isn't a heroic 9-yard run a good start? Being any more ambitious with the President's plan would risk all-out resistance from every billion-dollar lobby and politician.

Seriously

[Dunbal]

At $0.50-0.60 a watt for today's solar panels, we're almost at the point where people can power their own homes. Unless of course you live where it rains constantly, like the pacific NW, lol. Oh and cloudy days/night time? There are energy storage solutions available - flywheels for example.

Carbon and fuel taxes

[jensend]

Rather than picking winners and losers and setting arbitrary limits they should be using carbon and fuel taxes.

Under Obama's plan, operations that could pollute less will pollute exactly their limit, places where higher output and thus higher emissions would be actually more efficient in terms of greenhouse gases per MW will instead operate at lower efficiency, the government will spend billions of dollars subsidizing Solyndra wannabes, and actual gas use by consumers will change little no matter how they try to regulate the auto industry.

With carbon and fuel taxes, consumers and corporations would all have better incentives to improve their emissions, the market would decide the best way to allocate resources, energy innovation would be encouraged, there would be tremendously less deadweight loss, and the government could either reduce other taxes or reduce its absurdly large deficits.

People from all across the political spectrum who are informed and honest agree that this, not hard caps or cap-and-trade, is the way to go. But politicians like Obama would rather trash the nation's economy and not actually accomplish any climate progress than touch the third rail of fossil fuel taxes.

In a "town hall" conversation where I brought this up with my Congresscritter- a Tea Party diehard who I'm frequently frustrated with- I was shocked to hear him admit that raising gas taxes and using the revenue to either reduce deficits or reduce taxes on productive behavior is a very good idea. But, he said, it'll never fly, so I'm not going to try to push it. If everybody who knew it's the right thing to do got behind it and tried to educate the populace rather than hiding behind a smokescreen, pretty soon the idea would fly, with bipartisan support.