POV: Power Breakfast

Power Breakfast for Feb. 26, 2015

Clean coal legislation expected; EPA budget sparks battle; Carbon cash bill would pay Americans


POV: Power Breakfast

A nearly daily round-up of news for your consideration:

  • A North Dakota senator is expected to re-introduce legislation to offer financial incentives for utilities to develop clean coal technologies and build a market to sell carbon dioxide for enhanced oil recovery, Reuters reports.
  • A hearing on the Environmental Protection Agency’s budget Wednesday brought criticism from House Republicans on the agency’s proposed regulations for fighting climate change and air pollution, The Hill reports. The agency is requesting a $452 million increase over its most recent budget.
  • A column in Forbes suggests fossil fuels are key to solving the nation’s water crisis. Alex Epstein writes “CO2 emissions have not had a significant effect on droughts, but expanded human ability to fight drought, powered by fossil fuels, has: from better agriculture (more crops for more people), to rapid transportation to drought-affected areas, to modern irrigation that makes farmers less dependent on rainfall.”
  • Rep. Chris Van Hollen (D-Maryland) introduced legislation that would “cap total U.S. carbon pollution and auction pollution permits to producers of oil, coal and natural gas. The cap would be ratcheted down gradually, raising the market price of the permits,” The San Francisco Chronicle writes. The plan would return all revenues, as much as $1,000 to every legal U.S. resident.

 

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