It’s getting hot(ter) in here

From: POLITICO's Power Switch - Tuesday Jan 10,2023 11:01 pm
Your guide to the political forces shaping the energy transformation
Jan 10, 2023 View in browser
 
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By Arianna Skibell

Emissions spew from a large stack at the coal fired Brandon Shores Power Plant, on March 9, 2018, in Baltimore, Md.

Emissions spew from a coal-fired power plant in Baltimore, Md. | Mark Wilson/Getty Images

Despite global gains in clean power, the planet is heating up. A lot.

The last eight years were the hottest ever recorded, with 2016 marking the warmest of them all, climate researchers reported this week.

At the same time, greenhouse gas emissions grew by 1.3 percent last year in the United States, even as carbon-free energy surpassed coal power for the first time in over half a century (hydropower outpaced coal 60 years ago), according to a report out today by the Rhodium Group.

While that rise is relatively modest compared with a 6.5 percent spike in carbon emissions that happened in 2021, it leaves the U.S. further adrift from its commitments under the Paris climate accord, writes POLITICO’s E&E News reporter Benjamin Storrow.

President Joe Biden has pledged to cut emissions 50 to 52 percent by the end of the decade, compared with 2005 levels — a steep reduction from today’s numbers. Planet-warming pollution is now just 15.5 percent below 2005 levels, the Rhodium report found.

During a meeting with Canadian Prime Minister Justin Trudeau and Mexican President Andrés Manuel López Obrador in Mexico today, Biden doubled down on his goals, saying the U.S. “should be the clean energy powerhouse of the world” and is strengthening its supply chains to accomplish that.

Passage of the president’s landmark climate bill last year is expected to accelerate the transition away from fossil fuels, as federal clean energy tax credits increase the adoption of renewable energy technologies.

But the challenges remain significant. U.S. greenhouse gas emissions from buildings grew 6 percent last year, while planet-warming pollution from transportation and industry increased by slightly more than 1 percent. Those sectors of the economy have historically proven difficult to green.

The world has managed to tackle another planetary woe. Scientists have determined that the Earth’s protective ozone layer is slowly but surely on the mend, more than 35 years after all countries agreed to stop producing the chemicals that were eroding it. A full recovery is predicted by 2045, according to the United Nations.

 

It's Tuesday — thank you for tuning in to POLITICO's Power Switch. I'm your host, Arianna Skibell. Power Switch is brought to you by the journalists behind E&E News and POLITICO Energy. Send your tips, comments, questions to askibell@eenews.net.

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Listen to today’s POLITICO Energy podcast

Today in POLITICO Energy’s podcast: Kelsey Tamborrino and Josh Siegel discuss how the concessions House Speaker Kevin McCarthy (R-Calif.) made to secure his new role could complicate any future party-line energy package.

Not so fast

Blue flames rising from a natural gas stove.

Blue flames rising from a natural gas stove. | David McNew/Getty Images

Don't expect a ban on gas stoves any time soon.

While new research linking the common kitchen appliances to childhood asthma has prompted calls for the federal government to intervene, documents from the Consumer Product Safety Commission show that's not happening so fast, writes Ariel Wittenberg.

CPSC Commissioner Richard Trumka Jr. proposed directing the agency’s staff to start a rulemaking to regulate gas stoves last year, but he withdrew the amendment following a lack of support.

“Any regulatory action by the commission would involve a lengthy process,” CPSC spokesperson Patty Davis told Ariel. And the agency “has not proposed any regulatory action on gas stoves at this time.”

Power Centers

 Federal Reserve Board Chairman Jerome Powell speaks during a news conference.

Federal Reserve Board Chair Jerome Powell speaks during a news conference. | Alex Wong/Getty Images

Fed in the back seat
Federal Reserve Chair Jerome Powell pushed back on pressure to use the central bank’s powers to fight climate change, arguing that it’s up to the president and Congress to take the lead, writes Victoria Guida.

His remarks come as the Fed and other regulators such as the Securities and Exchange Commission have come under scrutiny for the role they’re playing in counteracting global warming.

Introducing Chair Lucas
The new Republican chair of the House Science Committee, Rep. Frank Lucas of Oklahoma, knows full well the dangers of climate change, writes Scott Waldman.

That alone is a notable departure from much of today’s Republican Party, and from the last GOP lawmaker to hold the position.

Sneak peak
A senior House Natural Resources Committee Republican has offered an early preview of how the GOP will seek to overhaul the permitting process for energy projects with its new House majority, writes Emma Dumain.

While the approach, which deals with the hardrock mining industry, is one that’s sure to galvanize Republicans, it isn’t likely to attract the bipartisan coalition necessary for passage in the Democratic-controlled Senate.

in other news

 Destruction left behind in the wake of Hurricane Ian is shown October 04, 2022 in Fort Myers Beach, Florida.

Destruction left in the wake of Hurricane Ian is seen last year in Fort Myers Beach, Fla. | Win McNamee/Getty Images

Climate payout: Hurricanes and floods racked up $120 billion in insurance losses in 2022.

Activism: More than 800 Amazon employees are calling on the company to step up its response to climate change through foreign aid.

Zone

A showcase of some of our best content.

FILE- The five turbines of America's first offshore wind farm, owned by the Danish company, Orsted, stand off the coast of Block Island, R.I., in this, Oct. 17, 2022, file photo.

Offshore wind turbines off the coast of Block Island, R.I. | AP Photo/David Goldman

Six dead whales have washed up on New Jersey and New York beaches, leading coastal protection and anti-offshore wind groups to question if the industry is threatening marine life. Experts, though, say its unlikely wind is to blame.

The United States suffered 18 climate and weather disasters last year that each caused at least $1 billion in damage and killed a total of 474 people.

Greenhouse gas guidance released by the White House could make it easier for climate-friendly projects to receive federal permits.

That's it for today, folks! Thanks for reading.

 

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Arianna Skibell @ariannaskibell

 

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