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
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.
As the grid moves to cleaner energy sources, efficiency will continue to be the most compelling option for consumers looking to save on energy costs.
Michigan’s DTE Energy is one of the nation’s top 25 largest electricity producers. It’s also one of the nation’s most polluting power companies. With 75 percent of its power coming from coal-fired plants, DTE faces a significant challenge from recently finalized EPA air emissions regulations.
As I discussed in my last post, companies that own coal-fired power plants are facing tough decisions these days. Some don’t want to acknowledge the challenging economic conditions that coal plants are facing and would rather blame the EPA’s mercury rule for forcing them to retire coal plants.