Monday, April 26, 2021

Biden’s 10-Year Climate Plan

He’s committing the U.S. to a far-fetched CO2 emissions goal without a vote of Congress

WSJ editorial. Excerpts:

"Was President Biden trying to impress China’s Xi Jinping at Thursday’s climate pep rally by committing to reduce U.S. greenhouse gas emissions by half below 2005 levels by 2030?"

"At the Paris climate summit in 2015, China committed only to begin reducing emissions in 2030, and it has continued to build coal plants and expand industrial production. China’s CO2 emissions increased by more between 2015 and 2018 than the U.K.’s total emissions in 2018. 

All of the CO2 commitments made in Paris, including Barack Obama’s to reduce U.S. emissions by 26% to 28%, would reduce the Earth’s temperature increase by a mere 0.17 degree Celsius by 2100—not even close to the 1.5 degrees that is supposedly needed to head off doomsday."

"What would the U.S. have to do to achieve Mr. Biden’s new emissions pledge? Start with some perspective. The Obama regulatory fusillade got the U.S. only about halfway to his Paris pledge—and most of the reductions during his Presidency were from natural gas displacing coal in power due to market forces.

Amid last year’s Covid-19 lockdowns, greenhouse gas emissions fell to about 21% below 2005 levels. In other words, even with the economy shut down and a large share of the population stuck at home, the U.S. was less than halfway to Mr. Biden’s goal."

"The Biden goal will require the electric grid to be totally rebuilt in 10 years. According to the Natural Resources Defense Council, the U.S. will also have to double its share of carbon-free power to 80% from 40% today—half of which is now provided by nuclear—to have any hope of achieving Mr. Biden’s pledge.

All coal plants would have to shut down, and natural gas plants would be phased into obsolescence. Wind and solar energy would have to increase six to seven fold. The Obama Clean Power Plan, which the Supreme Court blocked in 2016, looks modest by comparison. It sought to reduce CO2 power emissions by 32%. Most homes would also have to be electrified. So if you like your gas stove, you won’t be able to keep it. Farmers would also have to adopt “climate-smart agriculture and forestry,” EDF says."

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