Tag: Policy
In Energy Policy Pivot, France Will Shutter 14 Nuclear Reactors
France will shut down 14 of its 58 nuclear reactors by 2035 as well its remaining four coal power plants by 2022, French President Emmanuel Macron said November 27 in a lengthy speech that sought to clarify the country’s future energy direction.
According to the World Nuclear Association, France’s nuclear power share has steadily expanded since 1974, just after the first oil shock. However, France has pondered reducing nuclear’s share of its total generating mix from about 75% since 2012, when former President François Hollande ran on an election pledge to cut the nuclear share to 50% by 2025.
In 2014, the the lower house of France’s parliament passed the so-called “Energy Transition for Green Growth” bill, which set a nuclear cap at 63.2 GWe, which meant reducing nuclear’s share to 50% by 2025. In 2015, the Senate amended the bill to remove the 63.2-GW nuclear cap, but that same year, the National Assembly approved a new bill reinstating the cap.…
U.S. and Canada Follow Different Climate Policy Paths—Does One Offer a Competitive Advantage?
Although the U.S. and Canada are both aiming for similar greenhouse gas (GHG) emissions reductions, the two countries are embarking on decidedly different approaches to reaching their goals, according to a report released on August 23.
IHS Markit—a company that provides information, analytics, and solutions to customers in business, finance, and government—developed the report, titled “The State of Canadian and US Climate Policy.” One reason it cites for the different emissions reduction methods is that the makeup of the power sectors in the two countries is vastly different.
In the U.S., the largest GHG emitter is the electric power generation industry. Historically, coal has been the most prominent fuel source for U.S. electricity production, and it is a heavy GHG emitter. As natural gas supplies have increased and the cost of renewable energy has decreased, replacing coal with these lower- and zero-emitting resources has resulted in a natural decrease in GHG emissions.
Canada, however, gets about 80% of its electricity from resources that have always been low- or zero-carbon emitters, mainly hydropower.…