Cornhusker Economics

Obama Climate Plan

States have been the policy leaders in establishing programs to reduce greenhouse gas (GHG) emissions from power plants in the US through state renewable energy programs and energy efficiency programs. However, US global warming policy may have turned an important corner during the Obama administration. In the US the two largest sources of GHG emissions are motor vehicles and coal-fired power plants. Significantly reducing US GHG emissions would require addressing these two issues. The Obama climate plan does so. The most contentious issue is reducing GHG emissions from existing power plants. But states will be able to do so through (1) renewable energy generation and (2) energy efficiency programs.  Read More»