Energy Law Introduction Fall 2014 First Class – 26 Aug 14 Prof. Alan Palmiter.
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Transcript of Energy Law Introduction Fall 2014 First Class – 26 Aug 14 Prof. Alan Palmiter.
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Energy Law
Introduction
Fall 2014
First Class – 26 Aug 14
Prof. Alan Palmiter
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Wikibook sources
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Energy sources
Energy use
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http://www.eia.gov/totalenergy/
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1010
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1. True or false? The largest energy source in the United States is petroleum, which comes 90% from international sources.
2. Which is true in the United States –
a. Coal is a larger source of energy than natural gas
b. Renewable energy is a larger source than nuclear power
c. Fossil fuels represent about 50% of all US energy sources
d. Transportation uses more energy than industrial
3. Which is false in the United States --a. Coal is mostly used in electric
power generation
b. Industry uses more natural gas than petroleum
c. Transportation uses most of the petroleum
d. Energy constitutes about 20% of GDP. EIA
4. True or false? The largest energy sector is electric power, which is generated mostly using coal. EIA data / EIA predictions.
Pop QuizEnergy Sources/Uses
Answers: 1-F (<50%) / 2-C (75%) / 3-D (10%) / 4-T
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/www.eia.gov/totalenergy/data/monthly/pdf/flow/css_2012_energy.pdf
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http://www.eia.gov/totalenergy/data/annual/perspectives.cfm
Energy Sources
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http://www.eia.gov/totalenergy/
Energy Consumption Over Time
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http://www.eia.gov/totalenergy/
Energy Use Over Time
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Federal P
ower Act
(1920)
Natural G
as Act
(1938)
Clean Air A
ct (1
970)
Public U
tility
Regulatory Polic
y Act
(1982)
EPA Amendments
(2005)
Energy P
olicy A
ct (1
992)
EISA (2
007)
Natural G
as Polic
y Act
(1978)
1920 20001980 20201940
Federal energy regulation - timeline
Federal P
ower Comm’n (1
920 / 1930)
FPA Amendments
(1935)
Federal E
nergy R
egulatory Comm’n &
Dep’t o
f Energ
y (1977)
National E
nvironmental P
olicy A
ct (1
969)
Clean Water A
ct (1
972), Safe D
rinkin
g Water A
ct (1
974)
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Pop quiz
• DOE• EPA• EISA• FERC• FPA• FPC• NGA• NGPA• PURPA
• 1920• 1935• 1938• 1977• 1978• 1982• 1992• 2005• 2007
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Climate change
Elizabeth Kolbert - author of New Yorker series “Climate of Man” (2005) and award-winning book Field Notes from a Catastrophe (2006):
“It may seem impossible to imagine that a technologically advanced society could choose, in essence, to destroy itself, but that is what we are now in the process of doing.”
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Carbon dioxide …
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Gulf stream …
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Geo-engineering …
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1. Americans emit how much carbon into the atmosphere? a. 4 tons per person b. 10 tons per personc. 20 tons per person
2. Which statement is true of carbon use –
a. 4 tons of carbon = 15,000 miles at 45 mpg
b. 4 tons of carbon = 400 kwh (coal generated)
c. 4 tons of carbon = 15,000 miles air travel (economy)
3. Geo-engineering means :
a. Solar reflectors in space above Earth
b. Planting desert with plants (new animal husbandry)
c. Shooting sulfites into the upper atmosphere
d. Fertilize oceans to create carbon-eating algae
4. True or false? Today 800 million people are high carbon emitters. By 2030, this number will grow to 1.2 billion.
Pop quizCarbon stuff
Answers: 1-C (Avg=4) / 2-ALL / 3-ALL / 4-T
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“We already have the technology we need to take the world off the path toward dramatic climate change.”
Robert Socolow and Stephen Pacala,
Stabilization Wedges (2004)
Carbon Mitigation Initiative
Bill McKibben “That’s the task for our generation”
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http://cmi.princeton.edu/wedges/intro.php
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http://cmi.princeton.edu/wedges/intro.php
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The end
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The end
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Tragedy of commons?
• Antitrust law• Public utility law• Environmental law• Market-traded caps• Taxes