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Energy Tomorrow Blog

Energizing Nebraska

analysis  nebraska  biofuels  economy and energy  greenhouse gas emission reduction  income  ozone regulations  pricewaterhousecoopers  wood mackenzie 

Reid Porter

Reid Porter
Posted August 14, 2015

Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with Nebraska. We started the series with Virginia on June 29 and continued with Montana, Iowa, Alabama and Arizona this week. All information covered in this series can be found online here, arranged on an interactive map of the United States. State-specific information across the country will be populated on this map as the series continues.

As we can see with Nebraska, the energy impacts of the states individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added.

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Reckoning EPA’s Ozone Proposal

analysis  ozone  epa  regulation  economic impacts  oil and natural gas development 

Mark Green

Mark Green
Posted August 13, 2015

It’s expected that EPA will submit its recommendation for new ozone standards to the White House Office of Management and Budget next week, with the final rule due by Oct. 1.

The final outcome will be momentous. EPA could – and should – leave the existing standards in place at 75 parts per billion (ppb). That would be remarkable, given the long rulemaking process and the agency’s current inclination to regulate more, not less.

Conversely, reducing the standards to 65 ppb or possibly lower would make it the costliest regulation ever, with the potential to halt economic expansion and infrastructure development dead in their tracks. Stricter standards could result in a $270 billion reduction in GDP per year on average from 2017 through 2040 and an annual loss of 2.9 million job equivalents, according to a study by NERA Economic Consulting.

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Energizing Arizona

analysis  arizona  biofuels  energy  epa  greenhouse gas emission reduction  ozone regulations  pricewaterhousecoopers  wood mackenzie 

Reid Porter

Reid Porter
Posted August 13, 2015

Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with Arizona. We started the series with Virginia on June 29 and reviewed Montana, Iowa and Alabama earlier this week. All information covered in this series can be found online here, arranged on an interactive map of the United States. State-specific information across the country will be populated on this map as the series continues.

As we can see with Arizona, the energy impacts of the states individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added.

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Energizing Alabama

analysis  alabama  economy and energy  epa  income  ozone regulations  pricewaterhousecoopers  wood mackenzie 

Reid Porter

Reid Porter
Posted August 12, 2015

Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with Alabama. We started the series with Virginia on June 29 and reviewed Montana and Iowa to begin this week. All information covered in this series can be found online here, arranged on an interactive map of the United States. State-specific information across the country will be populated on this map as the series continues.

As we can see with Alabama, the energy impacts of the states individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added.

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Videos: State Impacts of EPA’s Ozone Proposal

analysis  ozone  regulation  economic impacts  american petroleum institute 

Mark Green

Mark Green
Posted August 10, 2015

API has a new series of online ads that underscore potential risks from EPA’s proposal to impose stricter national ozone standards. The ads focus on potential impacts for individual states including Indiana, Colorado, Missouri, West Virginia and Virginia – which could see more than 38,600 jobs lost.

The key message in the ads is that an unnecessary tightening of ozone standards nationally could have dire effects locally, in each and every state.

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Energizing Mississippi

analysis  mississippi  income  ozone regulations  pricewaterhousecoopers  wood mackenzie 

Reid Porter

Reid Porter
Posted August 7, 2015

Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with Mississippi. We started the series with Virginia on June 29 and reviewed Florida, Kansas, Maryland and South Dakota earlier this week. All information covered in this series can be found online here, arranged on an interactive map of the United States. State-specific information across the country will be populated on this map as the series continues.

As we can see with Mississippi, the energy impacts of the states individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added.

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EPA’s Infrastructure-Halting Ozone Proposal

analysis  ozone  epa  regulation  economic impacts  infrastructure  transportation 

Mark Green

Mark Green
Posted July 22, 2015

An informative event this week hosted by the U.S. Chamber’s Institute for 21st Century Energy, highlighting some potential real-world impacts of EPA’s proposal to tighten national ozone standards. Underscore “real-world impacts,” because the discussion centered on the potential havoc EPA’s proposal could unleash on transportation projects all over the country. “There’s going to be real people who’re going to be really upset,” said Karen A. Harbert, Institute president and CEO.

It’s important to see EPA’s ozone proposal in that light. The possible macro-economic harm that stricter ozone standards could bring – GDP reduction of $270 billion per year and $3.4 trillion from 2017 to 2040, according to one study – have been discussed here and elsewhere. But individual Americans may or may not relate to them, they’re so large.

The institute discussion and its new report, “Grinding To a Halt – Examining the Impacts of New Ozone Regulations on Key Transportation Projects” – help bring potential problems with stricter ozone standards to Americans’ doorsteps. Or, more specifically, to their daily commutes – which could get tougher if all kinds of transportation projects are terminated or delayed because they’re proposed in areas that would be in nonattainment with the new ozone standards.

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Energizing New Jersey

analysis  new jersey  hydraulic fracturing  income  oil and natural gas development  ozone  pricewaterhousecoopers  regulation  wood mackenzie 

Reid Porter

Reid Porter
Posted July 22, 2015

Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with New Jersey. Yesterday’s post looked at Texas and the series began with Virginia on June 29. All information covered in this series can be found online here, arranged on an interactive map of the United States. State-specific information across the country will be populated on this map as the series continues.

As we can see with Texas, the energy impacts of the states individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added

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Energizing Texas

analysis  texas  income  oil and natural gas development  ozone regulations  pricewaterhousecoopers  wood mackenzie 

Reid Porter

Reid Porter
Posted July 21, 2015

Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with Texas. This week started with Maine and the series began with Virginia on June 29. All information covered in this series can be found online here, arranged on an interactive map of the United States. State-specific information across the country will be populated on this map as the series continues.

As we can see with Texas, the energy impacts of the states individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added.

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EPA and Ozone: Questioning the Economics, Science

analysis  ozone  epa  regulation  economic impacts  american petroleum institute 

Mark Green

Mark Green
Posted July 13, 2015

Another data point in the continuing public discussion of EPA’s plan to make the nation’s standards for ozone more restrictive, even as the existing standards have ozone levels falling 18 percent from 2000 to 2013 – and giving every indication levels will continue to fall. A new study by the Center for Regulatory Solutions (CRS) details how more restrictive ozone standards would impact where a lot of people live: Chicago and the state of Illinois.

According to the study, 21 counties in Illinois would be out of compliance or in “non-attainment” if EPA tightens ground-level standards from the existing 75 parts per billion (ppb) to 65 ppb, as it may do. (The fact is EPA is considering a national level as low as 60 ppb.)

Those 21 counties represent nearly 80 percent of Illinois’ gross domestic product, or $613.4 billion. The CRS study says Cook County and five other counties that surround Chicago would be “ground zero” for the most dramatic ozone reductions, potentially affecting 65 percent of the state’s population, nearly 70 percent of its employment and 73 percent of its GDP.

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