Energy Innovation

America must innovate its way to clean growth. Rejecting both climate denial and fantasies of 100 percent renewable power, we need a realistic transition to a low-carbon economy that taps next generation nuclear technology and carbon capture techniques as well as wind, solar and water power.

Publications

By / 11.30.2016

In the past two decades, the mounting risks posed by climate change have motivated businesses, cities, states, national governments, and the international community to pledge to take action to reduce their greenhouse gas emissions. Given the scale of the problem, the breadth of action must be effective and must set the foundation for increasing mitigation […]

By and / 10.11.2016

It’s become conventional wisdom that corporate America has fallen victim to myopia and short-termism. Companies are spending billions buying back stock that could have gone to innovation and investment. Corporate executives have compensation packages tied to stock prices, which focuses their attention on quarterly earnings rather than long-term growth. Investors want immediate results, rather than […]

By / 1.16.2015

The decision by Senate and House Republicans to make approval of the Keystone XL Pipeline their first legislative priority has a decidedly retro feel. Much has changed since the Keystone project was first proposed in 2008. Most important is America’s shale oil and gas boom, which has contributed to a sharp drop in global oil […]

Press

By / 3.28.2017

Trump’s executive order eviscerating Obama’s climate plan could leave the U.S. isolated as other countries push forward to curb emissions, observers of international climate negotiations said. Major climate allies are increasingly concerned that Trump’s efforts to overturn the [Clean Power Plan] and other climate rollbacks will blow a huge hole in the U.S. ability to […]

By and / 3.15.2017

President Trump’s “open mind” on climate change seems to be closing. He’s preparing an executive order to kill Obama administration rules aimed at curbing U.S. greenhouse gas emissions. It is almost as though Trump is determined to increase the amount of carbon and other greenhouse gases America pumps into the atmosphere.   As carbon emissions […]

By and / 2.15.2017

Does a deal now gaining momentum across the aisle actually have the potential to break the stalemate on climate change? Is Donald Trump serious about keeping an “open mind” on climate change? Considering the “drill, baby, drill” cheerleaders he’s put in key Cabinet posts, it’s easy to fear the worst. They appear more than eager […]

Blog

By / 3.29.2017

Statement of Joseph E. Aldy Associate Professor of Public Policy, Harvard Kennedy School Visiting Fellow, Resources for the Future Faculty Research Fellow, National Bureau of Economic Research Senior Adviser, Center for Strategic and International Studies United States House Committee on Energy and Commerce, Subcommittee on Energy, hearing on “Federal Energy Related Tax Policy and Its […]

By / 1.26.2017

Global temperatures were the highest on record in 2016 for the third straight year, scientists at NASA and elsewhere reported last week. This is just the latest proof of rapid climate change that has experts and governments around the world deeply alarmed. And yet President Trump and many other Republicans have so far paid no political price for questioning […]

By / 10.26.2016

Some good news at last on the nuclear front: The Tennessee Valley Authority (TVA) last week fired up a second reactor at its Watts Bar plant, making it the first new reactor to go live in this century. The advanced 1,150-megawatt reactor will supply carbon-free energy for 650,000 homes and businesses. This follows a spate […]