It is worth taking a minute to run over to National Journal Online’s Energy-Environment blog to read their ongoing discussion, entitled “Running in Place.” The series reflects on progress made in energy-environment policy in the last thirty years, since President Carter committed that we would never again import as much oil as we did in 1979.

Obviously, Carter could not bring that to reality, and we now import three times as much oil as we did when those words were uttered (from a little over a million barrels a year then to 3.5 M bpy today). “Running in Place” brings together leaders from the energy industry, policymakers and environmental advocates to analyze what has gone right, what has gone wrong, and what needs to happen going forward.

(more…)

The U.S. Senate has begun hearings on legislation to place a ceiling and a price on carbon emissions, and Democratic leaders say they are as many as 15 votes short of the number to ensure passage. The Washington Post reports that to pass the 1,400-page bill, Senate Democratic leaders may be forced to make so many concessions to industry that the legislation could lose the support of environmental groups, most of which have endorsed the bill.

The U.S. House of Representatives narrowly approved the legislation last month after softening emissions targets and agreeing to initially give away — rather than auction — the permits that large-scale emitters must obtain to release greenhouse gases.

(more…)