海角大神

Energy in the age of disruption [Recharge]

Technology breakthroughs challenge the future of oil; Conservatives shape energy policy in the UK; Solar power's potential hangs in the balance. Catch up on global energy with the Monitor's Recharge.

聽written by Monitor reporters David J. Unger and Jared Gilmour.

Disruption: The challenge with long-term energy forecasts is that the most important variable is the hardest one to predict: technological innovation. That has always been the case, but global energy is in an era of unprecedented聽. It鈥檚 why the聽conventional wisdom of emerging economies perpetually driving up demand for oil and coal seems less wise than ever before. In last week鈥檚 Wall Street Journal, Amy Myers Jaffe makes a compelling case for how smarter ways of extracting, producing, and using energy will bring about聽.

Tories: UK Prime Minister David Cameron came to power in 2010 promising "the greenest government ever", but disappointed many environmentalists with his cabinet appointments and a reported push to lower energy bills by scaling back renewable subsidies.聽. Many watchers expect that to include聽.

Photovoltaic:听Solar is booming聽and its costs are falling worldwide, bolstering聽predictions that the sun鈥檚 energy will aid countries in pivoting away from fossil fuels. But the success of solar 鈥� and renewables broadly 鈥� is anything but guaranteed: Funding for clean energy research needs to triple for warming to stay within 2 degrees Celsius,聽IEA said last week, and聽.

In the pipeline

• Monday, May 11 to Tuesday, May 12: HAMBURG, GERMANY 鈥� G7 energy ministers meet to discuss European energy security and climate goals. Douglas Hengel of The German Marshall Fund previews the meeting with thoughts on聽how the G7 can look beyond Ukraine in improving energy security.
• Tuesday, May 12: WASHINGTON 鈥撀犅犫�� and, making matters more interesting, she鈥檚 suggested it could be attached to President Obama鈥檚 upcoming trade bill. But the Obama-backed trade bill already has tenuous support from Democrats, and throwing oil exports into the mix could make it harder for the GOP and Obama to wrangle the Democratic votes they need.
• Next week: WASHINGTON 鈥撀�, and the House is likely to vote on the bill next week.

Drill deeper

How would climate change regulations help now? Study seeks answer
[海角大神]
The worst effects of climate change are likely decades off, but taking action to slash emissions now could be a boon to regional and local public health, according to a new study. Cutting planet-warming CO2 doesn鈥檛 reap those benefits directly, the study finds, but slashing greenhouse emissions does have positive side effects: reductions in other pollutants like sulfur dioxide, nitrogen oxides, mercury, and fine particulates.

[Vox]
鈥淎lberta is the conservative heart of Canada, with an economy dominated by the oil industry. The Conservative party has held power there for 43 years. On Tuesday, everything changed,鈥� writes Vox鈥檚 Brad Plumer. 鈥淚magine if liberal Democrats suddenly controlled the Texas statehouse. And had a supermajority.鈥�

听摆Foreign Policy]
It would be the largest dam in the world, dwarfing China鈥檚 Three Gorges and producing twice the electricity 鈥� enough to power half of Africa. Congo鈥檚 proposed Inga III could go a long way toward solving Africa鈥檚 persistent energy poverty, and without many of the climate and health drawbacks of coal and other fossil fuels. But the dam would also displace thousands, and it鈥檚 unclear if a tremendous infrastructure project is wise in such a volatile country.

Energy sources

• : "If accountably governed, natural resource wealth could be a boon to a society, enabling valuable investments in infrastructure, human capital, social services, and other public goods. With their technical expertise and financial resources, international corporations can be a vital component in the resource management equation in Africa by helping a country get its resources to the market and recovering a higher return for the public than would otherwise be the case."
• : "India added 4,089 MW renewable energy capacity in financial year 2014-15, a capacity addition of 8.5% more than the targeted figure of 3,770 MW. It was also possibly one of the rarest moments in India鈥檚 renewable energy sector when all three leading sub-sectors overachieved on the allocated targets."
• : "[N]o amount of regulations will realistically prevent accidents from occurring. Accidents will happen even if no one does anything wrong or improper. Our continuing need to ship crude oil across the country highlights the importance for more pipelines to safely carry crude oil from the Bakken region in North Dakota."

Unplug

鈥� "Global carbon dioxide concentrations surpass 400 parts per million for the first month since measurements began",聽

聽written by Monitor reporters David J. Unger and Jared Gilmour.