Share

Analysis: Climate Bill May Spur Energy Revolution

by: H. Josef Hebert  |  The Associated Press

photo
(Photo: Vlastula / flickr)

    Washington - Congress has taken its first step toward an energy revolution, with the prospect of profound change for every household, business, industry and farm in the decades ahead.

    It was late Friday when the House passed legislation that would, for the first time, require limits on pollution blamed for global warming - mainly carbon dioxide from burning fossil fuels. Now the Senate has the chance to change the way Americans produce and use energy.

    What would the country look like a decade from now if the House-passed bill - or, more likely, a water-down version - were to become the law of the land?

    "It will open the door to a clean energy economy and a better future for America," President Barack Obama said Saturday.

    But what does that mean to the average person?

    Energy touches every corner of the economy and in countless ways can alter people's lives.

    Such a law would impact how much people pay to heat, cool and light their homes (it would cost more); what automobiles they buy and drive (smaller, fuel efficient and hybrid electric); and where they will work (more "green" jobs, meaning more environmentally friendly ones).

    Critics of the House bill brand it a "jobs killer." Yet it would seem more likely to shift jobs. Old, energy-intensive industries and businesses might scale back or disappear. Those green jobs would emerge, propelled by the push for nonpolluting energy sources.

    That could mean making or installing solar panels, repairing wind turbines, producing energy-efficient light bulbs, working for an environmental engineering firm or waste recycler, making equipment that harnesses carbon from coal burning and churning out energy-saving washing machines or air conditioners.

    Assembly line workers at factories that made gas-guzzling cars might see their future in producing the next generation of batteries or wind turbine blades - an emerging shift, though on a relatively small scale today. On Wall Street, commodity brokers would trade carbon pollution credits alongside oil futures.

    Farmers would see the cost of fertilizer and electricity go up. More windmills would dot their pastures. And a new source of income could come from selling pollution credits by planting trees or changing farming methods to absorb more carbon dioxide.

    Energy would cost more because it would become more expensive to produce. For the first time there would be a price on the greenhouse gas pollution created when coal, natural gas or oil are burned. Energy companies would have to pay for technologies that can capture the carbon emissions, purchase pollution allowances or shift to cleaner energy sources.

    It all costs.

    Investors would see a new line item on companies financial reports: the cost of carbon permits.

    Some increases would be reflected in the prices of goods and services, economics say. It might mean shelling out more for a toy because plastic, a petroleum based product, is more expensive, or paying more for a house because of new efficiency requirements.

    Not all the higher energy cost would show up in people's utility bills. Households, as well as business and factories - including those, for example, making plastic for toys - could use less energy, or at least use it more efficiently. The poorest of homes could get a government check as a rebate for high energy costs. That money would come from selling pollution allowances for industry.

    Energy experts in government and industry say a price on carbon pollution would lead to new ways to make renewable energy less expensive, while emphasizing how people can use it more wisely.

    Potential changes to how homes are built and even financed seem likely as energy efficiency is taken into account in building codes and the cost of mortgages. With the cost of energy increasing, homeowners and businesses would have greater incentive to use more energy efficient lighting, windows and insulation.

    But don't think that the traditional sources of energy would disappear.

    Coal, which today accounts for half the electricity produced, would continue as a major energy source, though a less polluting one, energy experts forecast. That would mean capturing the carbon released when coal is burned.

    It's a technological hurdle with a complication: "not in my back yard" complaints over what to do with the billions of tons of carbon dioxide captured from power plants and pumped beneath the earth. Would people feel comfortable having it stored near or under their homes, factories and businesses?

    Scientists studying climate change say carbon capture from power plants is essential if the country is to take up the challenge against global warming.

    The cleaner energy economy also put nuclear energy front and center. Does the U.S. build new power plants? If so, where, and where does all the waste go? Nuclear energy makes up about one-fifth of the nation's electricity today.

    The House-passed bill contains provisions to make it easier to get loan guarantees and expands the nuclear industry's access to loans for reactor construction. An Environmental Protection Agency analysis that shows modest future costs from a low-climate energy world assumes a significant expansion of nuclear energy. The Senate could add more incentives for the nuclear industry.

    The new energy world would rely more on natural gas. This abundant fossil fuel emits carbon but is relatively clean when compared with coal. But people would have to decide whether to accept new pipelines that are needed to ship the gas around the country - just as they would have to deal with the need for new power lines to move solar and wind energy to where it's needed.

    -------

    H. Josef Hebert has covered energy and environmental issues for The Associated Press since 1990.

  

»


Comments

This is a moderated forum.  It may take a little while for comments to go live. Be civil and on-topic, don't threaten or advocate violence, please keep it under 300 words. Thanks for participating.

I really don't believe that

I really don't believe that capture and storage of carbon dioxide post-coal-burning is at all practical or plausible. The volume of CO2 invloved is far beyond our abilities to capture, or store safely. The only plausible CCS method I've ever heard of is to take biomass- grass or fast-growing weedy species of trees- and heat it without oxygen to make charcoal, and bury the charcoal or use it as a soil amendment. Perhaps the waste heat from coal-fired power plants could be used for that job. Could we mine limestone or some other mineral that combines with CO2, in comparable quantities to the coal, and burn them together in fluidized-bed furnaces?

Actually, I am deeply

Actually, I am deeply disappointed by your posting this article - read GreenPeace's analysis or someone not wearing ridiculously rosy colored glasses. Of course, the original intent of the bill is partly what Mr. Herbert paints here. Mr. Herbert apparently has not bothered to research how huge a contributor to global warming MINING uranium is. Nor that this bill removes the EPA's ability to regulate carbon in our air. And anyone who waxes poetic on coal... As someone who reads regularly and contributes to TruthOut - this is called spin not truth

Carbon dioxide emissions are

Carbon dioxide emissions are a world-wide problem, not simply a national problem. The puny efforts--such as cap-and-trade--we make will count for nothing if China and India are allowed to continue fouling the air as they seem hell-bent on doing. Only international agreements (which are enforced through trade sanctions) will slow the production of greenhouse gases. It is time for the whole world, both developed and undeveloped nations, to get on board the bus, not just the United States and a few countries in Europe.

While the author's

While the author's bona-fides indicate he has reported on energy and environmental issues since 1990, this article reads as if he is either uninformed or is painting the bill (and thus the deliberations for the Senate bill) in a bad light. He seems preoccupied with the cost increases of regenerative or green energy; he mentions carbon sequestration in its most blunt, and controversial form and seems predisposed to looking a nuclear and natural gas as 'green" options. And why is "repairing wind turbines" used as an example of "green jobs?" This all sounds like negative "sparkle" to me. With all of the possibilities that the house bill, and hopefully the Senate bill will open up, the writer presents them in a very tedious manner. The House bill is about 35% of what it needs to be in terms of motivating our nation to modify our CO2 producing habits. Nonetheless it is a start. But it needs informed advocates to help the public understand how to use the bill, not some tired old stringer who "has to write something about it" for a deadline.

I agree that fossil fuels

I agree that fossil fuels need to be phased out, if only to end the monopolies and the need for tyrannical foreign policy. But this bill is nothing less than a brutal scam to bankrupt the USA and raise taxes for the global banksters, and to clear the way for the land grabbing NWO. Why so brutal, why so sudden? If the climate really were the issue here, we should be seeing some form of encouragement for alternative sources, there are none included in this bill. It is an exercise in smoke and mirrors that will result in a civil uprising once the American people realise what it means to them.

This is the most outrageous

This is the most outrageous tax increase that America has ever seen and will plummet our economy into a deeper recession and possibly revolution against stupid government bureaucracy. The Cap and TAX bill, now over 1600 pages, is so confusing that it is impossible to see the big picture of what this piece of legislation will accomplish other than indirectly taxing the America public an additional $700 to $3000 dollars per year. I would gamble, that H. Josef Hebert has not even read through the whole bill. This is not a "JOBS" bill. Big business will just take jobs away from the US and relocate them into countries which do not have ridiculous environmental taxes. This will cause a further cascade of lost America jobs since for every 1000 jobs lost directly an additional 10,000 jobs will be lost indirectly. All you over educated idiots out their need to quit trying to reach behind your back to scratch your elbow.. Yes Nancy Pelosie, I am talking about you and your followers.... If the ultimate goal is to reduce the CO2 on the planet, then their is only one viable solution at hand and I am completely at aw at how simple a solution it is. PLANT MORE TREES......

Has anyone definitively

Has anyone definitively researched the climate bill or are they just blowing smoke

(CBS) EPA scientists who are

(CBS) EPA scientists who are skeptical of GW predictions get their bosses fired if they publish and are told not to talk to anyone outside of the agency. This is politics, not science. Read about it at icecap.us

I smell a rat. And there

I smell a rat. And there appears to be a lot of money lining his rat hole. This bill is 1200 pages long. Hhow did it fly under the radar and suddenly pop up with barely a majority passing? Smacks of the Medicare Part D ripoff of 2004. This bill is a diversion and a lobbyists dream for the dirty energy sector. Read Dennis Kucinich's review of what is wrong with it. Mr. Hebert is either part of the Power Elite or their dupe. To say nothing of the global issues not touched by it. Mr. Obama, bless his heart, seems to be a modern day Hoover(a fundamentally good and bright man), not a Roosevelt (either one), or Kennedy, or the Obama of campaign fame.

Geothermal energy is cheap

Geothermal energy is cheap and more efficient than solar and wind, even though it is true that the latter two are more abundant and widespread, but the former works 24/7. However, a little company called Rasertechnologies can use geothermal source that have lower temperature (and so more abundant and widespread) and can build plants in 1 or 2 years compare to 5 or more years using traditional methods. In other words, it does not need to be more expensive, especially when we know that foreign sources of oil will be more expensive. I am a share holder BTW, but I believe in this company and in geothermal energy in general along with other renewable energy forms. Whether or not we have climate change, isn't it time to use simpler, cleaner, and longlasting forms of transportation and energy sources? Let's factor in the "everlasting" or long-term variable in the renewable energy forms. When we will, it will be cheaper than the alternative, I think.

ohh sure... shine a light in

ohh sure... shine a light in the blackness that's become Washington... hahaha... subterfuge and redirection to the main fair of corruptible policy makers... I don't trust anything emanating from DC anymore... bright lights can blind us too u know

I noticed just today,that

I noticed just today,that our local Costco is selling solar panel kits (for emergency use) for around $250. First come, first serve. Can this be just the icing on the cake? Jim of Olym

A very uninformed article!

A very uninformed article! Nuclear, more coal with Carbon capture, natural gas (fossil fuel) I agree with the other commentors: a very high school paper article. Gas pipelines and more transmission lines God what does he report - press releases from utilities? I spent 35 years in the conventional industry with GE and Turbine Technology, so I may know a bit. Transmission in this country averages 50 % losses, ie it takes 50% of the energy put into the lines to push it to it's destination. We need smaller more locally sited cogeneration and alternative energy plants (distributed generation, which smart people have figured out years ago but it is not in the interest of the establishment. Is there any hope to find intelligent life?

A pork pie of monumental

A pork pie of monumental proportions is characterized by 1,000-plus pages delivered at the last minute. Human beings cannot read this stuff without heart damage, never mind their poor brains. So many have been wanting the U.S. to get a street like Iran. This one may do it. The perps may think they can take this tax money to a spa resort to talk about re-naming something, but some barista is going to catch them and post it on the latest social network site. This bill is a guarantee we will have carbon, mercury, pie, satire, and wood exhaust in the sky. Rocket-stove and rocket-mass heat forever! (I just went to a workshop) U.S. people take official can't-do rules just so long, and then they go DIY nuts. They are already growing food, hence more Monsanto-protection proposed rules, but the green revolution can't pay all the prison guards just now. Some states are letting violent prisoners out and leaving the non-violent 420-people in. It's more relaxing to incarcerate laid-back people. I'm pleased about Kucinich and DeFazio. These are two guys who get it and can tell you so in real words. They are likely to keep their seats the next time around.

This is a totally biased

This is a totally biased article. To complain about the cost of green energy and then say Nuclear (not green) will be at the forefront is ridicules. First, the government subsidizes Nuclear energy. They cannot make a profit without it. Second, it is dangerous. Third, where do you put the radioactive waste? Nuclear spent fuel (Plutonium-239) is hazardous to humans for hundreds of thousands of years. Additionally, radioisotopes are hazardous for millions of years. Contain that! Furthermore, wasting billions for decades on research trying to make clean coal is an insane coal industry pipe dream. A better use of the money would be on renewable energy that is attainable now. I agree that greenhouse gases are a global problem, but if the US, the biggest polluter, does not take the lead, we will not have the credibility to negotiate cleaner standards with other nations. Wind and solar use is increasing rapidly and already employs twice as many people as oil and coal. A potential problem Congress and Obama are not addressing is outsourcing of green jobs. Under our current trade agreements, many new green jobs could be outsourced. We have had record trade deficits every year and lost jobs since Clinton and a Republican Congress passed NAFTA in '93. The US should renegotiate trade agreements like NAFTA, CAFTA and with China, which benefit global corporations at the expense of American workers. American jobs are going to third world countries’ with lax environment standards, no worker rights or safety standards and human rights abuses. We became a great nation by being self-reliant, to rely on other nations, some that are not even our allies, for resources, manufacturing, services, technology and research is making us militarily and economically vulnerable.

We need public

We need public transportation such as found in other industrialized countries. It can transport about ten times more people than private cars for the same amount of fuel, space, materials and money.

First of all, despite what

First of all, despite what "Environmental Science Major" (I doubt it!) says, don't trust what you read on icecap.us without checking the source. Most of their so-called "experts" are just weathermen, not climate scientists, for one thing, and those are very different fields. This is just one of the many propaganda outlets for the special interests trying to confuse people about global warming. This bill is a mixed bag. Kucinich has a great analysis here: http://kucinich.house.gov/News/DocumentSingle.aspx?DocumentID=134813. James Hansen said it would be better to pass nothing and try again next year, and that was before the bill had been weakened so much. It will surely be weakened even more in the Senate. I agree with those who say it does not go nearly far enough in addressing the most serious problem we have ever faced, and that it has a lot of aspects that will be counterproductive. But Al Gore and many environmental groups still support it because they think it is the best we can get and something is better than nothing. Something is not always better than nothing though. Remember when Clinton tried to get a bill to let gays serve openly in the military, and Congress gave him Don't Ask Don't Tell. This bill reminds me of that one, and it may slow down any real progress because people will say we already passed something.

I'm not impressed with the

I'm not impressed with the 'bill', which means higher "bills" for all of us. Carbon trading? You mean industries can still pollute as much as they want until they're absolutely forced to stop??? I don't think so...make them change to a better way NOW and not put it off to the detriment of the planet and all who live on her. Clean coal? Capture carbon???? A pig in a poke. By the time they figure this one out, we'll all be dead OR hopefully some other energy source will be available...who knows what. I'm going to stockpile incandescent light bulbs because I can't stand the light from the crappy energy efficient ones, admit it they're HORRIBLE! They give me a headache. I sure hope they come up with something better, or I'll have to go back to candles and lanterns otherwise. Greenpeace doesn't like this legislation and when you learn the reasons why, you won't either. This bill is almost as bad as nothing at all, thank you very much. I'm not in this particular booster club; I say BAH! Humbug!

Congressman Dennis Kucinich

Congressman Dennis Kucinich (D-OH) today issued the following statement after voting against H.R. 2454, The American Clean Energy and Security Act of 2009: “I oppose H.R. 2454, the American Clean Energy and Security Act of 2009. The reason is simple. It won’t address the problem. In fact, it might make the problem worse. “It sets targets that are too weak, especially in the short term, and sets about meeting those targets through Enron-style accounting methods. It gives new life to one of the primary sources of the problem that should be on its way out– coal – by giving it record subsidies. And it is rounded out with massive corporate giveaways at taxpayer expense. There is $60 billion for a single technology which may or may not work, but which enables coal power plants to keep warming the planet at least another 20 years.