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Congress Getting Left Behind On Global Warming: Energy Edge - Brought to you by Chevron

Congress Getting Left Behind On Global Warming

President Obama is forging ahead with rules controlling carbon emissions. Major companies, including ExxonMobil and American Electric Power, are beginning to price carbon into their budgets. The nation's legal system, led by the Supreme Court, has mostly held up the authority to regulate carbon emissions.

 

That means you're the odd one out, Congress. Most policymakers are not paying attention to this issue, and the lawmakers within each party who are focusing on it aren't making many inroads to either stop EPA's climate rules or to push for a federally mandated price on carbon.

What could jolt Congress into taking substantive action is when companies like ExxonMobil and AEP don't just price carbon into their own budgets, but they also lobby Congress to do something on carbon too. That isn't happening right now.

Do you think it will?

 

Amy Harder

@AmyAHarder

aharder@nationaljournal.com

TOP ENERGY NEWS

By Clare Foran ( @ckmarie) and Ben Geman ( @Ben_Geman)

 

OBAMA ORDERING UP MORE GREEN POWER. President Obama announced that the federal government must obtain 20 percent of its electricity from renewable sources by 2020.

COMPANIES PLAN FOR CARBON TAX. More than two dozen of the largest companies in the U.S. think a carbon tax is inevitable—and they're planning for it.

THE GOVERNMENT IS ABOUT TO OK THE KILLING OF OUR NATIONAL BIRD. The Interior Department is on the cusp of finalizing a rule that would give wind farms permits that allow the killing of eagles.

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WHITE HOUSE CLAIMS PROGRESS WITH CHINA ON CLIMATE, ENERGY. The White House said Thursday that Vice President Joe Biden and Chinese officials have agreed to expand cooperation on energy-data transparency and climate change.

LAWMAKERS CALL FOR PROTECTION OF ELECTRIC GRID. Rep. Henry Waxman, D-Calif., urged lawmakers to pass legislation to strengthen FERC's ability to protect and maintain the grid.

GREEN GROUPS ASK FEDS TO REGULATE METHANE. Environmental groups and public health advocates are calling on the EPA and Interior Department to cap emissions of the greenhouse gas.

AD BUY TARGETS BIG OIL. An ad campaign airing in the Des Moines market calls on viewers to tell the EPA to leave the renewable-fuel standard intact.

CONSERVATIVE MOVES TO HOUSE ENVIRONMENT PANEL. Rep. Vance McAllister, R-La., who won a seat in the House last month, will join the House Natural Resources Committee.

ANOTHER BATTLE IN ENDLESS ETHANOL WAR. Renewable-fuel standard backers and detractors agree on one thing—they want the proposed mandate for 2014 changed.

MORE FRIENDS AND FOES FOR BP IN CONTRACTING FIGHT. The legal battle over BP's suspension from winning new federal contracts is getting bigger and bigger.

HAPPENING TOMORROW

GREENHOUSE GAS REGULATIONS EVENT. The Bipartisan Policy Center and the National Association of Regulatory Utility Commissioners hold a workshop on key policy design considerations for the regulation of greenhouse gases from existing power plants.

 

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