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Energy storage can play an important role in a transition to clean energy, but only if it’s deployed within an effective policy framework. The Connecticut Public Utility Regulatory Authority (PURA) adopted our recommendations to target its energy storage incentives to areas with the highest differential between the highest and lowest marginal emissions rates so batteries could ultimately lead to reductions in emissions. In addition, PURA directed the Connecticut Green Bank to review our comments when setting the scope of the program's marketing plan.

In its updated climate damage estimates for greenhouse gas emisisons, the Environmental Protection Agency (EPA) cited Policy Integrity scholarship and analysis dozens of times and adopted some of our key arguments. EPA calculated damages based on averaging three damage functions, one of which was based on a paper by Peter Howard and Thomas Sterner. In setting the scope of damages to examine, the agency also adopted Policy Integrity's argument for the need to consider global damages. EPA similarly relied on our arguments about the need to use lower discount rates when assessing the value of future damages.

President Biden announced his intent to nominate Richard Revesz to serve as Administrator of the Office of Information and Regulatory Affairs within the U.S Office of Management and Budget. Revesz is AnBryce Professor of Law and Dean Emeritus at NYU School of Law, where he directs the Institute for Policy Integrity. He is one of the nation’s leading voices in the fields of environmental and regulatory law and policy. Revesz will take a leave of absence from the Institute for Policy Integrity during this period. Jack Lienke and Burçin Ünel will serve as Interim Co-Executive Directors of the Institute.

On January 20, 2022 the Subcommittee on Energy and Mineral Resources hosted a remote oversight hearing titled, “What More Gulf of Mexico Oil and Gas Leasing Means for Achieving U.S. Climate Targets.” Witnesses included Policy Integrity's Max Sarinsky, whose full testimony is available here. Watch the hearing recording here.

Virginia recently adopted aggressive decarbonization legislation, which recognized that energy storage has an important role to play in decarbonizing the power sector. The Virginia Energy Storage Task Force (VESTF) was convened to help guide the deployment of energy storage resources. Senior Attorney Justin Gundlach served on the task force, and VESTF's final report drew extensively on Policy Integrity's research, including its reports on energy storage policy, valuing DERs, and DERs' emissions reduction potential.

As the climate crisis intensifies, it is crucial that policymakers strengthen protections from the dangers of climate change to our nation’s financial system and the millions of people who rely on it to sustain the American economy. The Institute for Policy Integrity, alongside several partners, has founded the Initiative on Climate Risk and Resilience Law to advocate for smarter policies on this issue.

The Department of Interior delayed the effective date of a Trump-era rule that lowers the royalty burden on corporations extracting fossil fuels on public lands. We provided significant input on the review of the rule, helping guide ONRR’s decision to delay the rule and further examine its legality and impact.

Heather McTeer Toney, Climate Justice Liaison for the Environmental Defense Fund and Senior Advisor to Moms Clean Air Force, testified in a hearing on corporate climate risk held by the House Financial Services Committee. Included with her submitted testimony is our report with the Environmental Defense Fund on how the Securities and Exchange Commission can issue new, mandatory disclosure rules focused on climate risk.

The U.S. Court of Appeals for the D.C. Circuit unanimously struck down the Trump administration’s toothless replacement of the Obama-era Clean Power Plan, which sought to reduce greenhouse gas emissions from the nation’s power sector. Richard Revesz and Dr. Burçin Ünel’s article on energy storage and greenhouse gas emissions was cited in the court’s opinion.

The Environmental Protection Agency and National Highway Traffic Safety Administration used several gimmicks and faulty assumptions to skew the analysis of the rollback rule, obscuring just how harmful it is to the American public. We published a series of reports examining several of the flaws.