Not Even Trump’s Promise to Repeal Climate Law Would Derail US Renewables, Says Study
Renewable Energy Growth Will Continue to Surge
A new study suggests that the United States will continue to see significant growth in renewable energy capacity, even if the current administration were to repeal the Clean Power Plan, a key climate change regulation.
The Clean Power Plan: A Key Step Towards a Low-Carbon Future
The Clean Power Plan, which was implemented in 2015 by the Obama administration, aimed to reduce greenhouse gas emissions from power plants by 32% compared to 2005 levels. The plan required states to develop plans to achieve this goal, with some flexibility in the approach.
A Strong Foundation for Renewable Energy Growth
Despite the uncertainty surrounding the plan’s future, the study suggests that the energy market is already moving in a direction that makes the plan’s goals achievable. Renewable energy costs have fallen dramatically in recent years, making it more economical for utilities to invest in solar and wind power.
Renewable Energy Costs Declining
The study’s authors analyzed data on the cost of renewable energy and found that:
* Solar energy costs have declined by 69% since 2010
* Wind energy costs have fallen by 43% since 2009
* Storage costs, crucial for integrating renewables into the grid, have dropped by 78% since 2012
States Continue to Lead the Way
While the federal government’s role may be uncertain, states are taking the lead in reducing their carbon footprint. The study found that:
* 29 states have set renewable portfolio standards or goals
* 20 states have set targets to reduce emissions, with several aiming for net-zero emissions by 2050
Conclusion
The study’s findings suggest that the growth of renewable energy in the United States is driven by market forces, not just government regulations. As costs continue to decline and states take the lead, the Clean Power Plan’s goals can still be achieved, even if the current administration were to repeal it.
FAQs
* Q: What would repeal of the Clean Power Plan mean for renewable energy growth in the US?
A: Repeal would not necessarily stop renewable energy growth, as states and the private sector would continue to drive progress.
* Q: Is the US still making progress towards its climate goals?
A: Yes, despite the current administration’s stance on climate change, US renewable energy capacity is projected to continue growing, driven by falling costs and state-level initiatives.
* Q: What is the current status of the Clean Power Plan?
A: The Clean Power Plan is currently under review in the US Court of Appeals, with a final decision expected in the coming months.
