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The Latest from BPC’s Energy Project
This quarterly newsletter highlights the most recent and relevant work from the Energy Project. Below, you’ll find details on the new Decarb America Research Initiative, the launch of a new Farm and Forest task force, our recent event with Sen. Joe Manchin (D-WV), and more.

The Bipartisan Policy Center, Third Way, and Clean Air Task Force launched the Decarb America Research Initiative, a joint effort to examine technology and policy pathways to reach net-zero emissions by 2050 in the United States. This first-of-its-kind initiative examines specific clean energy infrastructure options that Congress, the Biden administration, companies, and advocates are weighing to reduce or eliminate carbon emissions and aid economic recovery.

Read more on the website.

BPC recently announced a new Farm and Forest Carbon Solutions Task Force to identify effective climate change mitigation opportunities for agriculture and forestry lands. Working with these rural communities, the task force will develop federal policy and program recommendations that encourage sustainable land management practices that improve their profitability, increase carbon storage, and reduced emissions.

The task force will be co-chaired by former Sens. Heidi Heitkamp (D-ND) and Saxby Chambliss (R-GA), who both served on the Senate Agriculture, Forestry and Nutrition Committee.

See more on the Farm and Forest Initiative.

 

Recent Events:

Achieving a net-zero economy in the United States is necessary, urgent, and challenging. The public and private sectors must actively collaborate on developing carbon solutions and policy frameworks that enable the energy transition to occur at a scale and speed unlike any prior industrial transformation.

To elevate the corporate role in this transition, the Bipartisan Policy Center has launched the Net Zero Business Alliance (NZBA) with a group of leading companies from key sectors of the American economy. Its founding members are Vicki Hollub, CEO of Occidental, Tom Fanning, CEO of Southern Company, John Tyson, Chief Sustainability Officer of Tyson Foods, Scott Kirby, CEO of United Airlines, and Russell Hagen, CFO of Weyerhaeuser.

 

The Biden administration has prioritized clean energy, climate, and infrastructure to achieve economic recovery, long-term U.S. prosperity, and environmental goals. To reach durable progress toward net-zero emissions, the administration’s “whole of government” approach depends on securing support for ambitious legislation in a closely divided Congress. No member of Congress is more central to this process than incoming Senate Energy and Natural Resources Committee Chairman Sen. Joe Manchin of West Virginia.

 

On February 3, the U.S. Energy Information Administration released its 2021 Annual Energy Outlook at a virtual public event hosted by the Bipartisan Policy Center. EIA releases its Annual Energy Outlook each year to provide updated projections of U.S. energy markets.

The Annual Energy Outlook provides modeled projections of domestic energy markets through 2050, including cases with different assumptions about macroeconomic growth, world oil prices, and technological progress. The EIA, the statistical and analytical agency within the Department of Energy, is the nation’s most authoritative source of data, forecasts, and analysis of the U.S. energy market. Find the full Annual Energy Outlook 2021 report here.

 

New Blog:

The Bipartisan Policy Center’s Farm and Forest Natural Carbon Solutions Initiative focuses on policies that support a low-carbon future by strategically using the inherent abilities of forests and soils to remove and store carbon from the atmosphere. While much of the policy focus to date has been on the extensive forests, agricultural lands, and grasslands of rural America, there is also a role for urban forests and tree planting in our nation’s efforts to sequester carbon.

 

In the News:

 

 

 

 

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