I've given it a skim, and here's my conclusion: It's extremely good. Exceptional in some places, slightly nebulous in others, perfectly in line with expectations in yet more, but also perfectly in line what we should expect from good public servants at this point, and certainly more than I expected from Obama.
$150 billion--billion--in clean energy research should shut up Shellenberger and Nordhaus, although perhaps they oppose raising that money with the sorts of regulatory policies they seem intent on killing. I expect they do. Still, at a third-or-so of our Pentagon budget, that's a damn impressive initiative.
The fact that he's proposing we auction all the carbon credits is crucial, though at this point he'd appear downright illiberal if he responded to Dodd's and Richardson's and Edwards' proposals by going the Lieberman route.
But on carbon capture:
Obama will significantly increase the resources devoted to the commercialization and deployment of low carbon coal technologies. Implementing these technologies as soon as possible is vital to the transition to a clean energy economy and will help other nations dependent on coal reduce their emissions as well. In addition to addressing new facilities, Obama will work to ensure that existing coal facilities are retrofitted with carbon capture and sequestration technology as soon as it is commercially available. Obama will use whatever policy tools are necessary, including standards that ban new traditional coal facilities, to ensure that we move quickly to commercialize and deploy low carbon coal technology. Obama's stringent cap on carbon will also make it uneconomic to site traditional coal facilities and discourage the use of existing inefficient coal facilities.
He's a bit nebulous--at least to my untrained eyes--in the section about building efficiency. I don't exactly know what to do about the inefficiency of existing infrastructure, and apparently neither does he. But this all is quite good:
Phase out Traditional Inefficient Light Bulbs: For over 125 years, Americans have used the same incandescent light bulb technology, which consumes much more energy for the same results as newer lighting technologies. Barack Obama supports the effort led by Senate Energy and Natural Resources Chairman Jeff Bingaman (D-NM) to update federal lighting efficiency standards to ensure that new lighting technologies are phased into the marketplace. As president, Obama will implement legislation that phases out traditional incandescent light bulbs by 2014. This measure alone will save American consumers $6 billion per year on monthly electricity bills and will save 88 billion kilowatt hours of electricity per year. By 2030, this change will result in greenhouse gas reductions of nearly 28 million tons of carbon.Invest in a Digital Smart Grid: Like other pieces of infrastructure, such as roads and bridges our energy grid is outdated and inefficient, resulting in $50-100 billion dollar losses to the U.S. economy each year. The 2003 East Coast blackout alone resulted in a $10 billion economic loss. Like President Eisenhower did with the interstate highway system, Barack Obama will pursue a major investment in our national utility grid to enable a tremendous increase in renewable generation and accommodate 21st century energy requirements, such as reliability, smart metering, and distributed storage. Obama will invest federal money to leverage additional state and private sector funds to help create a digitally connected power grid. Creating a smart grid will also help insulate against terrorism concerns because our grid today is virtually unprotected from terrorists. Installing a smart grid will help consumers produce electricity at home through solar panels or wind turbines, and be able to sell electricity back through the grid for other consumers, and help consumers reduce their energy use during peak hours when electricity is more expensive. Obama will direct federal resources to the most vulnerable and congested areas and rural areas where significant renewable energy sources are located, as well as work toward national transformation of our energy grid in partnership with states and utilities.
Perhaps more later.
Comments
Exceptional in places? What places? It's the same old mish-mash of speculative technologies, wishful thinking, and downright harmful policies. Biofuels? Ask the OECD, whose report on biofuels was scathing, urging nations to stop with the biofuel juggernaut because of all the harm it's doing to the environment and economies. Clean coal? Expensive, unproven, and if you don't think sequestering trillions of cubic meters of carbon dioxide underground is dicey, look up Lake Nyos on Wikipedia. Not under MY backyard! Carbon trading? The old shell game to maintain the status quo, only at a higher price. Taking the lead in global warming? How, by standing tall and looking resolute? We need solutions, not wishful thinking. All the conferences in the world aren't going to stop greenhouse gas emissions without real solutions, and a bunch more twisty light bulbs ain't the answer (though of course they will help). Global warming conferences are more like global hand-wringing conferences. Until we get a leader with real solutions, we're a bunch of blind men with an elephant.
Want to know who's going to shine with a real energy policy? I'm putting my money on Kucinich. Just wait...
Why spend so much money on basic research for carbon sequestration and coal cleaning when we need the clean energy now? We have clean nuclear technology ready to go. In the time it takes to research and perfect clean coal technology with government money the power companies, operating on the profit principle, could build a hundred safe, clean, nuclear plants without the government having to kick in a single dime of money from your wallet or mine. The only role the government would have to play would be to control tort abuse that makes everything more expensive for everyone, and gives John Edwards and his high-rolling attorney pals their fifty thousand square foot mansions.
I like very much the writings and pictures and explanations in your adress so I look forward to see your next writings. I congratulate you.
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