Barack Obama’s Clean Power Plan, first announced in 2015, caused no end of political controversy in conservative circles for its ambitious carbon-cutting goals. By February 2016, the Supreme Court halted enforcement of the regulations due to complaints from 29 mostly Republican-led states. Opponents argued that the plan would cause massive layoffs in the energy sector. Now, a new report shows the US is actually poised to surpass the Clean Power Plan’s federal requirements – quite a different picture from the one Trump and his cabinet are painting.
The new data comes from the 2017 Sustainable Energy in America Factbook, published by Bloomberg New Energy Finance and the Business Council for Sustainable Energy. The report notes: “Within the power sector, the progress is even more noteworthy: in 2016, greenhouse gas emissions from US power plants dropped 5.3% in just one year. Since 2005, the power sector has shrunk its carbon footprint by 24% – in other words, the US is 75% of the way to the Clean Power Plan’s “32% by 2030” headline target, with 14 additional years left to go.”
Part of the reason for the lowered emissions is the fact that coal is losing its share of the energy market. Right now it only comprises 30% of the electricity grid in the US – the lowest percentage in the last 70 years. The rise in solar energy is another contributing factor – the solar industry grew by 51,000 jobs last year and seemed poised to continue growing until at least 2022, with the encouragement of the solar energy tax credit.
This report shows that the transformation in America’s energy market was in effect before the CPP was even on the table. While Obama’s clean energy policies surely accelerated it and made it easier for businesses to make the switch to renewable energy, the change was well underway. Trump’s administration may be expressing interest in repealing the rule, but it’s unlikely to stop the clean energy revolution that’s already underway.