US Election: 1 Day Left | The Opening Trade 11/04
A flurry of polls released Sunday show Vice President Kamala Harris and former President Donald Trump remain poised for a photo finish in this weekâs preside...
Energy Explained
Get the latest as our experts share their insights on global energy policy.
Saudi Arabia’s Renewable Energy Initiatives and Their Geopolitical Implications
Saudi Arabia is experiencing a significant economic transformation under its Vision 2030 plan to reduce the country’s dependence on oil revenues by diversifying its economy. The Saudi government’s...
Podcasts
Hear in-depth conversations with the world’s top energy and climate leaders from government, business, academia, and civil society.
How to Make the Energy Transition More Equitable
Emerging markets and developing economies are set to account for the largest source of emissions growth in the coming decades, according to the International Energy Agency. As population...
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November 12, 2024
• 6:00 pm - 8:30 pm
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Financing the Energy Transition
Women in Energy and the Columbia Energy Association invite you to gain a deeper knowledge and understanding of energy finance.
Event
• Wang Pavilion, Lerner Hall
Today the Center on Global Energy Policy released a new study, The Renewable Fuel Standard: A Path Forward (PDF), authored by Dr. James Stock, a former Member of the President’s Council of Economic Advisers and now a Harvard economist and non-resident Fellow at the Center.
In the paper, Stock finds that the Renewable Fuel Standard (RFS) is currently imposing costs while failing to provide support for low-carbon second-generation biofuels that can help achieve the program’s energy security and environmental goals.
Stock considers both regulatory and legislative reforms. Central to these reforms is providing certainty about a future policy path and developing a realistic plan for reducing the costs arising from the E10 blend wall. Stock argues that the RFS should be reformed because, absent a comprehensive market-based solution for lowering GHG emissions, it remains an important policy tool for the United States in its goal to reduce emissions, as well as decrease reliance on foreign oil supplies.
Stock examines three possible policy paths forward for the RFS, and finds that the best option would be for EPA to expand the amount of renewable fuel in the fuel supply, consistent with the intent of the statute. But for this path to be cost effective it needs to be coupled with credible steps to expand the consumption of higher blends of ethanol such as E85. Additional legislative reforms could further reduce the program’s cost while sharpening its focus on second-generation fuels.
Relevant
Publications
How the Next US President Could Shape Energy and Climate Policy
November’s election for president of the United States will have crucial implications for the nation’s and world’s energy and climate policies.
Blog
by Jason Bordoff, Karen E. Young, Erica Downs, Shayak Sengupta, Gautam Jain, Robert (RJ) Johnston, Ira Joseph, Luisa Palacios, Diego Rivera Rivota, Jonathan Elkind, Anne-Sophie Corbeau & Noah Kaufman • October 15, 2024
Climate of Contempt
Why is the United States struggling to enact policies to reduce carbon emissions? Conventional wisdom holds that the wealthy and powerful are to blame, as the oligarchs and corporations that wield disproportionate sway over politicians prioritize their short-term financial interests over the climate’s long-term health.
Books
by David Spence • September 11, 2024
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