Frank Willey

Apr 23, 2024 | atlanticcouncil.org | Byron H. Swift |Ken Berlin |George Frampton |Frank Willey

Energy & Environment Energy Markets & Governance Energy Transitions The flaws in project-based carbon credit trading and the need for jurisdictional alternatives This issue brief highlights several significant, and at times unresolvable, problems with the project-based approach to carbon credit trading, the purpose of which is to reduce deforestation and sequester carbon. Beginning with first-hand observations of the principal author during his experience with forest conservation efforts in...

Aug 24, 2023 | atlanticcouncil.org | Ken Berlin |Frank Willey

Energy & Environment Energy Transitions United States and Canada Transitioning to the clean energy grid: A deep dive into the levelized cost of electricity The climate crisis requires the world to transition rapidly from fossil fuel-based to renewable-based electricity generation. Studies of the levelized cost of electricity (LCOE)—the average price at which a power plant must sell each megawatt-hour of electricity to recover its costs—show that renewable electricity generation is...

Aug 14, 2023 | atlanticcouncil.org | Ken Berlin |Frank Willey |William A. Tobin |Charles Lichfield

The sheer scale of the Inflation Reduction Act (IRA)—the single largest climate and energy investment in US history—has fixated public attention. IRA incentives are spurring innovation, expanding domestic manufacturing, and accelerating the development of large-scale renewable energy projects. But much of the law’s success will rest on the individual purchasing decisions made within homes across the country.

Aug 10, 2023 | atlanticcouncil.org | Ken Berlin |Frank Willey

Last August, the Inflation Reduction Act (IRA) authorized $27 billion for a Greenhouse Gas Reduction Fund (GGRF) designed to provide affordable financing for local energy projects across the United States, with more than half of its funds intended for low-income communities. Within the past two months, the Environmental Protection Agency (EPA) has announced three grant competitions to determine which organizations will administer the GGRF, finally setting the goals of the program into motion.

Aug 2, 2023 | atlanticcouncil.org | Ken Berlin |Frank Willey |Ameya Hadap |Andy Bochman

Permitting reform remains a hot topic in Congress, with senators signaling continued willingness to work on the issue following a bipartisan bill passed in the June session.