Investor-owned utilities must deal with climate change
Editor’s Note: This post is excerpted from a statement by David Osterberg, founder of the Iowa Policy Project, to the Iowa Utilities Board, February 25, 2014, in docket NOI-2014-0001
Full statement submitted to IUB is here
The Iowa Utilities Board must recognize that this docket has implications for confronting climate change. To look narrowly and make a decision based only on what is best for the stockholders of Alliant or MidAmerican Energy would be the wrong choice. Climate change is a reality and the investor-owned utility companies must adjust their business model to contend with it. The question for the Board should be, “How does the state of Iowa procure more distributed electric generation installed in a way that gives the utilities a way to be part of the solution?”
First, there is no scientific debate about whether the climate is changing and whether humans are the main cause. In October 2013, 155 science and research staff at 36 Iowa colleges and universities signed a statement on the reality of climate change. As one of the signers I would like to submit the first paragraph and the last sentence of that statement:
“Our state has long held a proud tradition of helping to ‘feed the world.’ Our ability to do so is now increasingly threatened by rising greenhouse gas emissions and resulting climate change. Our climate has disrupted agricultural production profoundly during the past two years and is projected to become even more harmful in the coming decades as our climate continues to warm and change.”
Rather than being a vague threat lurking somewhere on the horizon, scientists from around the globe confidently stated in the latest Intergovernmental Panel on Climate Change report that temperatures and rainfall patterns are shifting due to additions humans have made to the atmosphere by burning coal and oil. We who work in this area are alarmed at the lack of action to reduce the pollutants that are the root of this problem.
Children born today will spend their lives under climates that are different from those any generation of Americans has experienced. The same will be true for their children, and their grandchildren. Agriculture, the lifeblood of Iowa, is being threatened with more frequent droughts and floods. Switching to modern renewable power sources and becoming more efficient in how we use energy cannot roll back the clock, but it can help make these climate changes less extreme.
I applaud the Board for looking deeply into distributed electric generation such as wind and solar power. It is the solution to the biggest environmental problem in modern times.
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