By Kelly Sims Gallagher, David T. Ellwood
Power coverage is on everyone's brain nowadays. The U.S. presidential crusade inquisitive about strength independence and exploration ("Drill, child, drill!"), weather swap, replacement fuels, even nuclear strength. yet there's a significant issue endemic to America's power demanding situations. Policymakers are likely to do exactly adequate to fulfill political calls for yet no longer sufficient to unravel the true difficulties, they usually wait too lengthy to behave. The ensuing guidelines are overly reactive, enacted as soon as harm is already performed, and they're too usually incomplete, incoherent, and ineffectual. Given the gravity of present fiscal, geopolitical, and environmental issues, this is often extra unacceptable than ever. this significant quantity info this challenge, making transparent the unlucky result of such short-sighted considering, and it proposes measures to beat this counterproductive tendency. the entire participants to performing in Time on strength coverage are affiliated with Harvard college and rank between America's pre-eminent power coverage analysts. They take on vital questions as they pertain to express parts of power coverage: Why are those parts of power coverage so very important? How may "acting in time"?—i.e. now not ready till politics calls for action?—make a distinction? What should still our coverage truly be? we have to get power coverage correct this time?—Gallagher and her colleagues support prepared the ground.
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Additional resources for Acting in Time on Energy Policy
Stern Review on the Economics of Climate Change. Cambridge, UK: HM Treasury. K. Department for Environment, Food and Rural Affairs. 2006. Climate Change: The UK Programme 2006. : Office of Public Sector Information. UN Framework Convention on Climate Change (UNFCCC). 2007. ” Report FCCC/SBI/2007/30 (October ). Unruh, Gregory C. ” Energy Policy 28, no. 12: 817–30. S. Environmental Protection Agency. 2008. S. ” USEPA 430-R-08-005 (April). S. National Petroleum Council. 2007. Hard Truths: Facing Hard Truths about Energy.
5 A more efficient technology may be the conversion of biomass into synthetic diesel and jet fuel via the Fischer-Tropsch process used by the Germans in World War II to make coal into liquid fuel. This process has the advantages of creating a more diverse range of fuel products, including jet fuel for air transport, and of being more efficient through use of all types of biomass, not just sugar (or cellulose for a cellulosic conversion process). Moreover, the FischerTropsch process, which involves gasification of the biomass followed by conversion to liquid fuel via a cobalt or iron catalyst, requires removal of CO2 to avoid poisoning the catalyst, making it easily adapted to capture and storage of CO2, as discussed below.
58 By improving thermal efficiency in power plants, 54. Pew Center on Global Climate Change (2007). 55. People’s Republic of China (PRC, 2008). 56. World Bank and China State Environmental Protection Administration (2007). 57. PRC (2008). 58. Ibid. 59 Notably, the Chinese government also issued its first fuel efficiency standards for passenger cars in 2005, and these were strengthened in 2008. China also implemented vehicle excise taxes so that if a buyer purchases a car or SUV with a big engine, that individual will pay a much higher tax than if she or he purchased a car with a small, energy-efficient engine.