July 16, 2010

New GAO report

Coal Power Plants: Opportunities Exist for DOE to Provide Better Information on the Maturity of Key Technologies to Reduce Carbon Dioxide Emissions. GAO-10-675, June 16.

Coal power plants generate about half of the United States’ electricity and are expected to remain a key energy source. Coal power plants also account for about one-third of the nation’s emissions of carbon dioxide (CO2 ), the primary greenhouse gas that experts believe contributes to climate change. Current regulatory efforts and proposed legislation that seek to reduce CO2 emissions could affect coal power plants. Two key technologies show potential for reducing CO2 emissions: (1) carbon capture and storage (CCS), which involves capturing and storing CO2 in geologic formations, and (2) plant efficiency improvements that allow plants to use less coal.

The Department of Energy (DOE) plays a key role in accelerating the commercial availability of these technologies and devoted more than $600 million to them in fiscal year 2009. Congress asked GAO to examine (1) the maturity of these technologies; (2) their potential for commercial use, and any challenges to their use; and (3) possible implications of deploying these technologies. To conduct this work, GAO reviewed reports and interviewed stakeholders with expertise in coal technologies.

What GAO Recommends (why you should read this report)
GAO recommends that DOE develop a standard set of benchmarks to gauge and report to Congress on the maturity of key technologies. In commenting on a draft of this report, DOE concurred with our recommendation.

July 5, 2010

PG&E prepared to campaign for climate law

ClimateWire: PG&E prepared to campaign for climate law
Colin Sullivan, E&E reporter
(07/02/2010)

SAN FRANCISCO -- Pacific Gas & Electric Co. is poised to become the first utility in California to actively defend the state's climate change law against a referendum that will ask voters to suspend it, according to a source close to the company.

Though a major emitter of greenhouse gases in California, PG&E could profit from renewable energy development and last year split with the U.S. Chamber of Commerce over the group's opposition to a federal climate change bill.

The source said PG&E will announce its support of the climate law as well as contribute funds to a pro-A.B. 32 campaign that will likely enlist support from Silicon Valley heavyweights like Google Inc. and venture capitalists.

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