Texas Insider Report: AUSTIN Texas Michael Nasi General Counsel of Balanced Energy for Texas issued the following statement upon the signing of the Paris Agreement on climate change today:
Balanced Energy for Texas is disappointed in todays signing of the Paris Climate Agreement a deal based on illegal and controversial regulations. At home there is a tremendous lack of support and legal uncertainty surrounding the Clean Power Plan (CPP) the centerpiece of the global climate deal.
The Paris Climate Agreement is an unachievable hollow pledge riddled with alarmist environmental rhetoric. Numerous independent analyses have shown that the U.S. will not meet the Paris pledge with current measures and that additional measures" will be necessary to have the potential to meet the emissions reduction goal. These additional measures and their effects on future U.S. emissions are unknown and highly speculative. A white paper released this week by the Senate Environment and Public Works Committee argues that the Paris deal is no more likely to result in major GHG emission reductions than the 1997s failed Kyoto Protocol.
A study by the U.S. Chamber of Commerce shows that if the CPP is upheld the U.S. would achieve only 50 of the Paris pledge.
Restricting the least expensive forms of electricity to meet the targets of the Paris agreement will impose significant harm on the U.S. raising electric bills slowing economic growth and forcing millions particularly the poor into energy poverty. Policies similar to the CPP in Germany the U.K. and California all demonstrate the negative impacts these policies have on ratepayers especially the poor.
Instead of setting unattainable and unenforceable agreements the U.S. should instead focus on research in technology that can be exported to the rest of the world achieving the dual goals of eliminating energy poverty and making ever-cleaner energy with fossil fuels. The recent passage of the Senates bipartisan bill the Energy Policy Modernization Act of 2016" is a step in the right direction for energy policy emphasizing an all-of-the-above strategy and energy innovation."
Balanced Energy for Texas is a statewide coalition of energy consumers producers and providers committed to supporting policies that preserve and promote our states leading role in energy and economic development. For more information visit www.balancedenergyfortexas.org.
Texas Insider Report: AUSTIN Texas Michael Nasi General Counsel of Balanced Energy for Texas issued the following statement upon the signing of the Paris Agreement on climate change today:
Balanced Energy for Texas is disappointed in todays signing of the Paris Climate Agreement a deal based on illegal and controversial regulations. At home there is a tremendous lack of support and legal uncertainty surrounding the Clean Power Plan (CPP) the centerpiece of the global climate deal.
The Paris Climate Agreement is an unachievable hollow pledge riddled with alarmist environmental rhetoric. Numerous independent analyses have shown that the U.S. will not meet the Paris pledge with current measures and that additional measures" will be necessary to have the potential to meet the emissions reduction goal. These additional measures and their effects on future U.S. emissions are unknown and highly speculative. A white paper released this week by the Senate Environment and Public Works Committee argues that the Paris deal is no more likely to result in major GHG emission reductions than the 1997s failed Kyoto Protocol.
A study by the U.S. Chamber of Commerce shows that if the CPP is upheld the U.S. would achieve only 50 of the Paris pledge.
Restricting the least expensive forms of electricity to meet the targets of the Paris agreement will impose significant harm on the U.S. raising electric bills slowing economic growth and forcing millions particularly the poor into energy poverty. Policies similar to the CPP in Germany the U.K. and California all demonstrate the negative impacts these policies have on ratepayers especially the poor.
Instead of setting unattainable and unenforceable agreements the U.S. should instead focus on research in technology that can be exported to the rest of the world achieving the dual goals of eliminating energy poverty and making ever-cleaner energy with fossil fuels. The recent passage of the Senates bipartisan bill the Energy Policy Modernization Act of 2016" is a step in the right direction for energy policy emphasizing an all-of-the-above strategy and energy innovation."
Balanced Energy for Texas is a statewide coalition of energy consumers producers and providers committed to supporting policies that preserve and promote our states leading role in energy and economic development. For more information visit www.balancedenergyfortexas.org.
