This online discussion is a continuation of a panel discussion in New York City hosted by OurEnergyPolicy.org last week on Thursday, July 18, 2019.
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The New York City Council passed legislation in April 2019 to mandate that all existing buildings 25,000 square feet or larger must reduce their greenhouse gas emissions by 40% by 2030 and by 80% by 2050.
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OurEnergyPolicy.org brought together
Costa Constantinides
(the New York City Council Member who introduced the bill),
John Gilbert
(CTO, COO, and Executive Vice President of Rudin Management Company), and
Robyn Beavers
(technology innovator and CEO of Blueprint Power) to discuss the new law and how to best address energy usage by property owners.
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- What about New York City's retrofit bill do you support? Or what are your main concerns?
- Should New York City's retrofit bill be modified? If so, how can it be modified to address the issues that were raised in the panel discussion without relaxing the climate progress that it was put in place to effect?
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By Jeffrey Moe
Global Director, Energy Policy & Advocacy,
Center for Energy Efficiency and Sustainability at Ingersoll Rand
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- Do you agree that these two policy examples would encourage the adoption of sustainable practices?
- Are there any negative aspects to increased adoption of corporate energy efficiency policies?
- Would these policies be helpful for corporations of all sizes? How can policy provide support to smaller organizations looking to expand their sustainable business practices?
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"
Itโs true that corporate investments in efficiency and sustainability can pay off. More often than not, they do.
Ingersoll Rand is to be commended for recognizing that and prioritizing those aspects in its product development. That said,
the payoff is nearly always in the long term.
In the short term, thereโs generally a hit to the bottom line....
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The real question, then, is what policies can we adopt that will encourage more corporations to take a long term view and to value sustainability?
.... Perhaps the best thing that can be done to encourage a shift toward more responsible corporate management focused on the long-term good would be to
eliminate or scale back policies that make the short-term focus so profitable to insiders
...At the very least, corporate stock buybacks, which serve only to artificially inflate the stock price, should be disallowed."
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Roger Arnold
, Systems Architect, Silverthorn Engineering
๏ปฟ
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FERC [The Federal Energy Regulatory Commission] absolutely needs to update [its] valuation of energy efficiency
. Households, for instance, pay demand charges regardless of the amount of energy they actually use. Taking a unit of energy off the grid is not only cheaper than adding a unit of energy; it reduces demand charges for all users in a service area. That is well understood in the context of DR programs, but if the demand curve can be reduced for all hours, that has social benefits, as well
.
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Joel Hicks
, Ph.D. Candidate, George Mason University
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Columbia University Center on Global Energy Policy
July 15, 2019
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(small homes retrofit program)
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Pratt Center for Community Development
July 17, 2019
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Podcast Spotlight
In
this podcast
,
Host Bill Nussey (founder of
The Freeing Energy Project
) talks with Steve Kalland and Autumn Proudlove, from the preeminent North Carolina State University Clean Energy Technology Center, about how and why they track legislation in all 50 states affecting energy, what is on the legislative agenda, and what it means for the transition to clean energy.
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Update from Congress
Hearings
Legislation Updates
- Tues, July 16 - The Senate Committee on Energy and Natural Resources held a business meeting in which it reported/advanced 22 energy bills to the full Senate, including the Nuclear Energy Leadership Act (S. 903), the American Mineral Security Act (S. 1317), and the Small Scale LNG Access Act of 2019 (S. 816), and including the Streamlining Energy Efficiency for Schools Act of 2019 (H.R. 762) and two other House bills. Read the Republican and Democrat committee summaries.
New Legislation
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Featured Events This Week
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Denver, Colorado
- When: Mon-Wed, July 22-24
- Where: The Colorado Convention Center, 700 14th St, Denver, CO 80202
- When: Wed-Thurs, July 24-25
- Where: Sheraton Denver Hotel, 1550 Court Place, Denver, CO 80202
Portland, Oregon
- When: Mon-Thurs, July 22-25
- Where: Oregon Convention Center, 777 NE Martin Luther King Blvd, Portland, OR 97232
To see a more comprehensive list of energy events across the United States, visit the OEP
Events Calendar.
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The Our Energy Policy Foundation is a non-partisan, 501(c)(3) non-profit and does not have or endorse any specific political, programmatic, policy, or technological agendas, but rather seeks to encourage a broad discussion of all points of view. OurEnergyPolicy.org's mission is
to facilitate substantive, responsible dialogue on energy policy issues and provide this dialogue as a resource for the public, policymakers, and the media.
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