Hill Heat

Illinois senator and presidential candidate Barack Obama’s global warming/energy policy has developed significantly in the past year, from endorsement of coal-to-liquids funding to his policy platform unveiled yesterday.

Summary of Obama’s energy policy:

• 100% auction cap-and-trade with 1990 levels by 2020, 80% cuts by 2050
• $150 billion investment over ten years in clean energy and green jobs
• 2030 goals: reduce U.S. economy energy intensity by 50%, reduce oil consumption by 35%,
• Standards: 25% federal RPS by 2020, all new buildings carbon neutral by 2030, phase out traditional incandescents by 2014
• Smart grid with distributed generation
• Increase CAFE standards to 35 MPG, Renewable Fuel Standard to 36 billion gallons by 2022
• Require 60 billion gallons of biofuels by 2030
• Re-engage in UNFCCC

Recent advances in clean coal technology, including the prospects for deploying these technologies at a commercial scale in the near future.

Witnesses

• Carl Bauer, director, National Energy Technology Laboratory, Energy Department
• Jerry Hollinden, senior vice president, URS Corp., National Coal Council
• Jeffrey Phillips, program manager for advanced coal generation, Electric Power Research Institute
• Don Langley , vice president and chief technology officer, Babcock and Wilcox
• Andrew Perlman, CEO, Great Point Energy
• Frank Alix, CEO, Powerspan
• Jim Rosborough, commercial director, Dow Chemical Co.
• Bill Fehrman, president, PacifiCorp Energy

01/08/2007 at 09:30AM