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That’s how much mass transit buses consume.
That’s nearly $1 billion in economic stimulus, gone.
Our air is still dirtier than it needs to be. Much of this pollution comes from old and inefficient power plants, many more than 50 years old. It’s time for them to clean up, switch to cleaner fuels, or shut down.
We don’t need to choose between affordable electricity and healthy air. Not today. Now we have cleaner, cost-effective alternatives right here in the United States.
In 2008, the Foundation agreed to underwrite a comprehensive new two-year study by the Massachusetts Institute of Technology (MIT) faculty on the role of natural gas in the United States energy future. The study is designed to provide a detailed assessment of the supply of natural gas both in the U.S. and overseas over the mid to longer term, and to examine the potential sources of demand for natural gas during this time frame.
The study is being directed by Dr. Ernest Moniz, Director of the MIT Energy Initiative, and Melanie Kenderdine, Associate Director.
The work of the MIT study team is also overseen by an independent Advisory Board whose members include:
p>ACSF and the National Commission on Energy Policy (NCEP) are co-sponsoring a 16-month Task Force to develop new government and private sector options for managing natgas price volatility.
America’s growing natural gas resource base is now widely recognized. Yet, the development of these resources, especially unconventional shale gas “plays”, will depend on sustained long term demand from end-users at prices that are sufficient to cover upstream production and transport costs. Whether or not this demand will be forthcoming – and at a sufficient price level – is now the subject of considerable debate.
The Foundation, together with the Worldwatch Institute and the UN Foundation, brought natural gas to the center of climate policy discussions in Copenhagen during the landmark UN negotiations for a new global climate change treaty in December 2009. These negotiations are formally known as the 15th Conference of the Parties (COP-15) to the UN Convention on Climate Change (UNFCC). The initiative will highlight the potential of natural gas to contribute to near- and medium-term emission reductions.
Because natural gas can generate electricity with 50% less CO2 than coal, the expanded use of natural gas could be a “game changer” for U.S. climate action.
However, the cap-and-trade bills now before the Congress do not give priority to increasing the power sector’s use of natural gas. We think that is a mistake and have developed a natgas incentive program that would address this shortcoming.