Director, Electric Power Program
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Dan Bakal joined Ceres in 2000, and has helped launch and advance two of the organization’s signature efforts, The Global Reporting Initiative (GRI), which develops sustainability reporting guidelines and the Investor Network on Climate Risk (INCR), whose members are addressing the risks and opportunities associated with climate change.
Dan oversees Ceres’ electric power and coal research, shareholder engagement, and furthers the understanding of environmental risks, with a particular focus on climate risk. He works closely with Ceres coalition members, including environmental, investor, labor and public interest groups, to engage in dialogues with electric power companies, which often involve a comprehensive review of environmental policies, performance, and disclosure practices.
In 2002, Dan developed and launched the Electric Power/Investor Dialogue, a working group of electric power companies, institutional investors, environmental NGOs, and analysts that focus on taking action on climate change by reducing carbon dioxide emissions from the electric power sector. In 2005, the group issued a report highlighting best practices by the industry and financial services sector in addressing climate change. Following this initiative, Dan organized two investor/analyst briefings in collaboration with Sanford C. Bernstein Research, a subsidiary of AllianceBernstein, to assess the financial impacts of climate change on the electric power sector.
Since 2002, Dan has worked with PSEG, Inc. and the Natural Resources Defense Council to publish four editions of the report, Benchmarking Air Emissions of the 100 Largest Electric Generators. The report compares the air pollutant emissions of power industry and provides analysis of issues and trends facing the sector.
Dan holds a B.A. from the University of Pennsylvania.
Recent Blog Posts
On the cusp of official “entry into force” of the groundbreaking Paris Agreement on climate change, it’s a great time to take a look at how the United States is positioned to drive the Agreement’s objectives forward.
The electric power sector will be closely watching this week’s D.C. Circuit Court of Appeals hearing on the Clean Power Plan and eagerly awaiting the clarity that the court, and likely the U.S. Supreme Court, will provide.
EPA's closely watched Clean Power Plan rules are key to 'unprecedented' pace of change in U.S. electric power industry. But the rub: Will significant increases in customers' monthly fixed charges impede the transition?
Think Progress: As Coal Sinks, Renewables Soar: Emissions Report Shows Start Of Clean Energy Transition
For the electric power industry, the signs of change are in the air. Power plants are emitting less pollution than in prior years, and renewable power is a bigger part of the energy mix than ever before.
Tomorrow, the U.S. Senate will decide whether to repeal a new rule that reduces toxic emissions from coal-fired power plants. The case against toxics seems clear, but the resolution at hand argues that the new Mercury and Air Toxics Standards (MATS) will increase costs and threaten reliability in the electric power sector.