In an effort to increase energy security and resilience to climate change, President Obama’s fiscal 2016 budget proposes a 7 percent increase in funding for clean energy and a new $4 billion Clean Power State Initiative Fund aimed at encouraging U.S. states to make faster and deeper cuts in power plant emissions.
The proposed $4 billion fund, which would help states pay for infrastructure improvements and renewable and clean-energy initiatives as well as prepare for more extreme weather, signals that the Clean Power Plan’s individual state targets are “minimums, not maximums,” according to U.S. News and World Report.
The proposed fund would be paid for by offsetting reductions from other programs—which congressional Republicans are likely to oppose, reports the Associated Press, given their aversion to the EPA’s climate efforts.
The budget called attention to the costs of delaying carbon-cutting measures, including $300 billion over 10 years for responses to extreme weather events. According to the Obama administration, unabated climate change could cost the United States $120 billion a year.
“The failure to invest in climate solutions and climate preparedness does not just fly in the face of the overwhelming judgment of science—it is fiscally unwise,” states the budget plan released by the White House.
The president’s proposed budget also calls for investments aimed at climate change adaptation. Several hundred million dollars are earmarked for initiatives such as protecting communities at risk from wildfires and assessing and addressing coastal flooding threats.
Also in the budget proposal: a $500 million contribution to the United Nation’s Global Climate Fund to help developing countries combat global warming and adapt to climate change.
Senate Pushes Ahead on Keystone, EPA Pushes Back
The Senate measure in effect transfers decision-making authority for Keystone from the administration to Congress. Because the measure differs from the House measure approving the proposed pipeline, the House could hold another vote on the project or a conference with Senate leaders. In either case, Congressional supporters of the project currently lack the two-thirds majority needed to override a veto.
Because the State Department gave federal agencies a Feb. 2nd deadline to conclude their assessment of Keystone, the president could announce his decision on the project soon.
In 2013, Obama said that decision would be based on whether Keystone’s construction would worsen climate change. This week, the U.S. EPA urged the State Department to “revisit” its 2014 conclusion that the pipeline would not significantly increase the rate of greenhouse gas emissions into the atmosphere.
The agency has zeroed in on the “potential implications of lower oil prices on project impacts, especially greenhouse gas emissions.” It said that with an oil price range at $65 to $75 a barrel, “construction of the pipeline is projected to change the economics of oil sands development and result in increased oil sands production and the accompanying greenhouse gas emissions.”
The White House has not said whether the letter shows that Keystone fails Obama’s “climate test.”
Add Blackouts to Climate Change Effects
For major American cities along the Atlantic coast to the Gulf, climate change may mean more blackouts, according to a report published in the journal Climatic Change.
Using a computer simulation model, engineers at Johns Hopkins University examined how fluctuations in hurricane intensity and activity could potentially affect the cities’ electrical power systems. The cities at highest risk of power outage increases during major storms are New York City, Philadelphia, Jacksonville, Fla., Virginia Beach, Va., and Hartford, Conn.
“Infrastructure providers and emergency managers need to plan for hurricanes in a long-term manner and that planning has to take climate change into account,” said study coauthor Seth Guikema.
The Climate Post offers a rundown of the week in climate and energy news. It is produced each Thursday by Duke University’s Nicholas Institute for Environmental Policy Solutions.