Posted September 24, 2013
Progress, Not Perfection, in Tackling Global energy Challenges: WEC Report
Breaking Energy: The US, which ranks at number 15 on the 2013 Energy Sustainability Index, is facing serious challenges to improving its place on the index, and more importantly, its energy sector investment outlook, because of policy uncertainty. The recent moves by the Obama Administration to regulate carbon emissions from coal-fired power plants are, despite the President’s good intentions, “the worst kind of thing that can happen” in energy policy design, Mark Robson said. “The value of … doing nothing has gone up.”
“It’s not enough for the policy to be good, it needs to be implemented well,” MacNaughton said, echoing Robson’s point. Companies can now expect a period of lobbying and litigation over the EPA carbon rule adjustment proposal that delays investment and corporate decision making still further in a country with a rapidly aging power sector, MacNaughton said.
Read more: http://bit.ly/18nRBZQ
More industry news:
- Republic Steel Expands Thanks to Fracking: http://bit.ly/1bE0Udb
- Former Obama Cabinet Members Praise Hydraulic Fracturing: http://bit.ly/16x5n9O
- Keystone XL: Lost Oil and a Few Dozen Protesters Later: http://bit.ly/15RT8cb
- Time to Rethink Misguided Policies That Promote Biofuels to Protect Climate: http://bit.ly/15qnuyU
- Alaska Fracking Rules Would Boost Public Notice, Disclosure: http://reut.rs/16oKofX
ABOUT THE AUTHOR
Mary Schaper is a Digital Communications Manager for the American Petroleum Institute. She previously worked on Capitol Hill for the Senate Energy and Natural Resources Committee as Digital Director and for Senator Lisa Murkowski. Before coming to D.C., she spearheaded digital strategy for Murkowski's successful Senate write-in campaign in 2010. Schaper enjoys traveling and taking in the local culture alongside her husband, their son and loyal springer spaniel.