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 / 11.6.2017

As ministers from 195 countries travel to Bonn, Germany for annual climate negotiations to begin Nov. 6, momentous decisions await. Convincing major-emitting nations to increase the pace of emissions reductions, gaining hundreds of billions in new private and public investment in clean energy, protecting vulnerable populations and finalizing key rules of the Paris Agreement will all […]

By / 9.14.2017

Even as Congress passed $15 billion in initial funding for Hurricane Harvey relief, Americans were glued to their TVs watching Hurricane Irma, the strongest-ever Atlantic storm, bear down on Florida, where millions are still without power and other services. Sadly, Congress, and the rest of us, had better get used to it. Harvey and Irma […]

By / 9.6.2017

Clean-energy policies championed by Democrats over the last decade have helped create millions of high-paying energy jobs for American workers. And innovative Democratic policies going forward can help spur millions more good jobs — in energy efficiency, natural gas, nuclear energy, carbon capture, wind, solar, electric vehicles and infrastructure — in coming years. This record […]

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 / 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 […]