US President Barack Obama, in his 2012 nomination acceptance speech tonight at the Democratic National Convention.
- Obama vs. Romney: Who has the best energy plan? (Smart Planet)
- ‘Renewable energy is Obama goal for next term, aide says’ (Bloomberg)
In a week where Arctic ice has reached a new low and food prices have spiked due to severe droughts in Europe and the United States it feels strange to think that progress is being made in the fight against global climate change. However, over the last couple of weeks four big initiatives have been announced that have potential to make a significant dent in our collective carbon footprint.
Seven Chinese cities and provinces will launch CO2 emissions trading schemes over the next two years ahead of a national scheme later in the decade. (Reuters)
The country is currently the world’s largest producer of greenhouse gas emissions.
On Tuesday, Australia and the European Union announced a partnership to create the world’s largest carbon market, which will begin trading by 2015. Harvard environmental economist Robert Stavins encouragingly described the move in an interview:
Given the relatively primitive state of climate change policy around the world, especially considering the scope of the problem, this is a very significant step forward. (Atlantic Cities)
For those keeping score at home, when California’s carbon trading system opens in November it will be the world’s second largest.
Finally, this week the United States stepped up and delivered a big one-two punch:
President Barack Obama issued an executive order on Thursday that would increase the number of cogeneration plants in the U.S. by 50 percent by 2020, a move that would boost U.S. industrial energy efficiency and slash carbon emissions by 150 million tons per year.
Thursday’s executive order came just two days after the White House finalized a rule - developed with U.S. automakers - that would double fuel efficiency standards for automobiles and light trucks to 54.5 miles per gallon by 2025. The EPA said the car efficiency standards will be the most effective domestic policy in place to curb greenhouse gas emissions, cutting as much as 6 billion metric tons of carbon dioxide equivalent by 2025.” (Reuters)
"It is not the strongest of species that survive, nor the most intelligent, but the one most responsive to change."
The opening paragraph of The Guardian article, 'US wind energy industry breezes past 50GW milestone'.
- ‘Setting the Record Straight on Oil and Clean Energy’ (Huffington Post)
- ‘Obama slams Romney’s opposition to wind energy tax credit’ (Los Angeles Times)
- 'IEA Forecasts 40% Growth in Renewable Power Generation in Next 5 Years' (Clean Technica)
(Photo source: Clean Technica)
Michael Liebreich, CEO of Bloomberg New Energy Finance, in an interview for The Huffington Post article, 'Is Clean Energy Doomed If President Obama Is Not Re-Elected?'
(Photo source: Pew Clean Energy Program)