Category Archives: NewsBlog

The states that produce the most renewable energy

By Commodity.com, LatticePublishing.com, La Crosse Tribune

To determine the states producing the most renewable energy, researchers at Commodity.com used data from the U.S. Energy Information Administration to calculate the percentage of total electricity generated from renewable sources. Renewable energy sources include: wind, solar, geothermal, biomass, and hydroelectric. In the event of a tie, the state with the greater five-year growth in renewable electricity production, between 2015 and 2020, was ranked higher. Here are the states that produce the most renewable energy.

Nebraska’s Rank: 15

  • Percentage of electricity generated from renewables: 28.9%
  • 5-year change in renewable electricity production: +115.7%
  • Total electricity generated from renewables (MWh): 10,648,740
  • Largest renewable energy source: Wind

Read more here.

See utility-scale wind and solar projects under development in our state at these Nebraska Department of Environment and Energy resources:

Additional Recommended Reading: FACT SHEET: President Biden Sets 2030 Greenhouse Gas Pollution Reduction Target Aimed at Creating Good-Paying Union Jobs and Securing U.S. Leadership on Clean Energy Technologies, The White House Briefing Room

MORE NEBRASKA NEWS

UPCOMING OPPD WORKSHOPS

Pathways to Decarbonization WebEx Workshops 5 & 6
Pre-registration is encouraged to receive email reminders and Outlook calendar invites. The workshops are technical in nature and are designed to build from one another. It is highly recommended to watch previously recorded workshops before attending the upcoming ones. A summary video of past workshops is also available. 

  • Workshop 5: Initial Results
    Wednesday, October 27, 4-6 p.m.
  • Workshop 6: Final Results
    Thursday, December 9, 4-6 p.m.

Click here to learn more and pre-register for both.

ADDITIONAL RECOMMENDED READING

FERC nominee Phillips uses 3-legged stool analogy in outlining regulatory approach to senators, Utility Dive

Having [Federal Energy Regulatory Commission nominee Willie Phillips Jr.], a Democrat, at FERC could help the agency avoid deadlocks on pending issues such as transmission reformsnatural gas infrastructure reviews and the role aggregated demand response can play in wholesale markets. “FERC is at its best with a full complement of commissioners,” FERC Chairman Richard Glick said Tuesday on Twitter.

Previously Posted: Biden’s FERC nominee could pave the way for the administration’s massive clean energy agenda, Canary Media 

CLIMATE POSITIVE BUSINESSES

Panera bakes plan to go climate positive, GreenBiz Group


On Wednesday, fast-casual food chain Panera Bread announced that it plans to work towards a climate-positive business model by 2050. This means Panera will remove more carbon from the atmosphere than it emits each year. Climate positive suggests that it will go a step beyond the popular net-zero carbon emissions movement that has taken the business world by storm over the past two years with commitments from UnileverNestleVerizon and many others.

West Virginia’s reliance on coal is getting more expensive, and Joe Manchin’s constituents are footing the bill

By Ella Nilsen, CNN

[A report] from West Virginia University’s Center for Energy and Sustainable Development [shows] that investing in renewables would cost the state $855 million less through 2040 than continuing to invest in coal.

During the winter months in West Virginia, Felisha Chase pays more for her electricity than she does for her home. “It does feel wrong when your electric bill is more than your mortgage,” Chase told CNN. “Around here the old adage is ‘coal keeps the lights on.’ Anyone struggling to keep their electric on knows it’s more than the lights

Her electricity bill spikes every January, when Chase estimates her electricity usage increases five- or six-fold. In September, she was still paying down a remaining balance of $600 from the winter before — twice the cost of her monthly mortgage payment. Her cumulative bill has gone as high as $1,400. Continue reading here.

Image Credit: Cecelia Mason / West Virginia Public Broadcasting

FACT SHEET: Biden Administration Roadmap to Build an Economy Resilient to Climate Change Impacts

The White House, October 15, 2021

Agency Actions Will Protect Retirement Plans, Homeowners, Consumers, Businesses and Supply Chains, Workers, and the Federal Government from Financial Risks of Climate Change

Today, the Biden-Harris Administration released a comprehensive, government-wide strategy to measure, disclose, manage and mitigate the systemic risks climate change poses to American families, businesses, and the economy – building on actions already taken by the Biden-Harris Administration including just this week: a redesigned National Oceanic and Atmospheric Administration (NOAA) Climate.gov site to better connect Americans to climate explainers, data dashboards, and classroom-ready teaching resources; the Department of Labor’s new proposed rule to safeguard life savings and pensions from climate risk; as well as the Federal Acquisition Council’s advanced notice of proposed rulemaking to consider greenhouse gas emissions when making procurement decisions. This year alone, extreme weather has upended the U.S. economy and affected one in three Americans. Continue reading here.

NATIONAL COMMUNITY SOLAR PARTNERSHIP PROGRAM 

DOE Targets Five Million Households Powered by Community Solar By 2025, by Peter Maloney, American Public Power Association

The Department of Energy (DOE) recently set a new target for its National Community Solar Partnership (NCSP) program. The program’s new goal is to have community solar systems that can power the equivalent of five million households by 2025 and create $1 billion in energy bill savings on the way to reaching the White House’s goals of achieving 100 percent clean electricity by 2035 and ensuring that all Americans can benefit from renewable energy. The new target represents more than a 700 percent increase in community solar installations, DOE said.

To achieve its new targets, the DOE is offering free, on-demand technical assistance to NCSP partnership members. NCSP has distributed $1 million for technical assistance and said it aims to provide $2 million in the next year.

About the National Community Solar Partnership, Department of Energy

CONNECTED COMMUNITIES OF GRID-INTERACTIVE EFFICIENT BUILDINGS

DOE Invests $61 Million for Smart Buildings that Accelerate Renewable Energy Adoption and Grid Resilience, Department of Energy News Release

Ten “Connected Communities” Will Equip More than 7,000 Buildings with Smart Controls, Sensors, and Analytics to Reduce Energy Use, Costs, and Emissions

 A recent DOE study estimated that by 2030, GEBs could save up to $18 billion per year in power system costs and cut 80 million tons of carbon emissions each year. That is more than the annual emissions of 50 medium-sized coal plants or 17 million cars. DOE’s first two connected communities in Alabama and Georgia have already demonstrated this potential by using approximately 42-44% less energy than today’s average all-electric home.

PacifiCorp, owned by Berkshire Hathaway Energy, is among DOE selectees:
PacifiCorp (UT) will establish a program to manage solar photovoltaic, batteries, electric vehicle charging in a diverse community of all-electric buildings and a mass transit transportation center, equipped with the latest market-leading efficient technologies to optimize their collective energy use and provide grid services at scale. (Award amount: $6.42M)

MISSOURI’S PAY AS YOU SAVE PROGRAM

In Missouri, your utility might pay for your next big energy efficiency project, by Karen Uhlenhuth, Energy News Network

Missouri’s largest gas and electric utilities are all forging ahead with new programs that will finance customers’ energy efficiency upgrades and in many cases even decrease their monthly bills. Evergy is the state’s latest utility to launch a Pay As You Save (PAYS) program, in which the full upfront cost of energy efficiency projects — along with their savings — are rolled into the customer’s monthly bill.

GOOGLE’S CARBON-FREE PLAN

Google’s CEO: ‘We’re Losing Time’ in the Climate Fight, Bloomberg Green

Sundar Pichai discusses the opportunities and hurdles in Google’s plan to go carbon-free, and how sustainability is on the agenda of every CEO he meets.

FERC weighs grid plan that could revolutionize clean energy

By Miranda Willson, E&E Reporter, Energy Wire

The Federal Energy Regulatory Commission is weighing an overhaul of a major rule that critics say impedes the transition to a low-carbon grid while raising electricity bills. The agency has received comments from dozens of state regulators, electric utilities, clean energy groups and private companies on whether it should remove a policy allowing states to block demand response resources from wholesale power markets. Since the rule was established in 2009, an estimated 18 states have taken advantage of the “opt-out” provision.

Supporters of opening wholesale markets nationwide to demand response say it would go a long way in boosting all types of zero-carbon resources. In general, demand response constitutes a range of energy conservation programs — including “smart” thermostats and water heaters — that reduce or shift electric load to balance the power system. That in turn can allow grid operators to rely less on carbon-spewing power plants. Read more hereScroll down to read NPPD’s comments.

See Also:

VIRTUAL POWER PLANTS

Rocky Mountain Power’s distributed battery grid management system puts Utah ‘years ahead’ of California, by Iulia Gheorghiu, Utility Dive

Rocky Mountain Power (RMP) seeks to turn distributed solar into solar-plus-storage grid assets in Utah, announcing on Thursday a partnership between battery manufacturer sonnen and Utah contractor ES Solar to retrofit thousands of solar homes. Distributed resource planning proceedings around the country are looking to solar-plus-storage as a “really good option to replacing other types of necessary grid upgrades,” from upgrading transformers to transmission line sizes, according to Rick Gilliam, Vote Solar’s senior regional director of DER regulatory policy. 

Rocky Mountain Power is a part of Berkshire Hathaway Energy’s PacifiCorp.

Previously Posted: DOE teams with Xcel, Berkshire Hathaway Energy on cybersecurity program to protect clean energy, Utility Dive

CARBON DIOXIDE PIPELINES

Proposed carbon dioxide pipeline draws opposition from Iowa farmers and environmentalists alike, by Kate Payne, Iowa Public Radio

At a virtual public meeting Tuesday, speakers railed against the proposal by Summit Carbon Solutions to build a sprawling 2,000 mile long pipeline, more than 700 miles of which would pass through 30 of Iowa’s 99 counties. The Iowa Chapter of the Sierra Club is gathering signatures for a petition opposing the Summit project and another pipeline proposed by Navigator CO2 Ventures. The activist group is blasting the approach of CCS as a “false solution” to climate change. The organization, like other progressive-leaning climate advocates, sees CCS [carbon capture and sequestration] as extending a lifeline to carbon-based industries, at a time when the world needs to be ending its dependence on fossil fuels in order to stave off the worst impacts of climate change.

Previously Posted: Nebraska is likely headed for another pipeline controversy — this time over carbon dioxide, by Paul Hammel, Omaha World-Herald

HEATING BILLS

Expect scorching heating bills this winter, by Carolyn Conte,  News Channel Nebraska
“Utility investments used to be the same for 10 or 20 years, but that’s not the case anymore,” [former Nebraska Director of Energy David Bracht], said, noting the creation of natural renewables energy [using energy from animal waste], solar energy; wind energy; and even battery storage. “And that’s why I’m excited about energy in Nebraska because I think we actually have opportunities in all of those areas.”

NEBRASKA LIHEAP

The LIHEAP Program provides heating assistance, cooling assistance, year round crisis assistance, emergency furnace repair and replacement, fan program and weatherization services for eligible Nebraska citizens/households. LIHEAP in Nebraska is solely funded through a federal grant (no general fund authority for aid).

Panhandle wildfires cause long-term effects

By Grace Pagone, North Platte Bulletin

Farmers and ranchers struggle to recover financially from recent panhandle wildfires that damaged their crops and infrastructure, along with forcing a relocation of cows and calves. Two wildfires burned more than 8,200 acres of pasture and cropland near Scottsbluff and Gering in the Panhandle. Continue reading here.

FEATURED OPINION

Small businesses and family farms would benefit from boost to USDA rural energy grant programGuest Commentary for The Baltimore Sun by Lloyd Ritter, managing partner of Green Capital LLC

As legislators calculate the right balance on how much to spend on infrastructure and clean energy, they should take stock of both the environmental and the economic gains that everyday Americans earn through the transformation to an efficient, clean energy economy. And make no mistake: That the transition is underway, built up from many small projects and successes. Congress can maintain momentum by funding smart policy choices, such as USDA’s Rural Energy for America Program.

Rural Energy for America Program

RENEWABLE ENERGY ON AMERICA’S FARMS & RANCHES

  • According to the latest USDA Census of Agriculture (2017), a total of 133,176 farms and ranches had renewable energy systems, more than double the 57,299 in 2012. Those include solar, wind, geothermal, hydropower and methane digesters.
  • 2017 Census by State
  • USDA’s 2022 Census of Agriculture Content Test is underway, USDA’s National Agricultural Statistics Service (NASS). NASS has been preparing for the 2022 Census of Agriculture since 2018 when they began evaluating the content and design of the previous Census questionnaire and soliciting public input into the 2022 Census.

DOE’S LOAN PROGRAMS OFFICE

There’s $44 Billion in Clean Energy Funds Up For Grabs, by Brian Eckhouse, Bloomberg Green

The Energy Department has a little-known investment operation, the Loan Programs Office, with a focus on backing innovative clean technologies in early commercial development. It has more than $40 billion to lend, and during an episode of the podcast he co-hosted, the Energy Gang, [Jigar] Shah was skeptical whether the LPO could accelerate low-carbon technologies quickly. The office was “fundamentally broken,” Shah said. About four months later, the Energy Department hired Shah to run LPO.

ENERGY STORAGE NEWS

Over 60 Percent of Battery Storage Coming Online Will Be Co-located, EIA Says, American Public Power Association

Of the 14.5 gigawatts (GW) of battery storage planned to begin to come online between 2021 and 2024, 9.4 GW, or 63 percent, will be co-located with solar power, the EIA said. Another 1.3 GW of battery storage will be co-located at sites with wind turbines or fossil fuel-fired generators, such as natural gas-fired plants. The remaining 4 GW of planned battery storage will be located at standalone sites.

WHAT IS A GIGAWATT?

Gigawatt: The solar energy term you need to know about, by AJ Dellinger, CNET
According to a recent study published by the United States Department of Energy, it hopes to produce 45% of all electricity via solar power. That will require generating 1,600 gigawatts of power. This raises an important question: What is a gigawatt, exactly?

Additional Recommended Reading: DOE Releases Solar Futures Study Providing the Blueprint for a Zero-Carbon Grid

REMEDIATING FOSSIL FUEL SITES

A century later, utilities still face billions in potential liabilities from obsolete manufactured gas plants, by Kavya Balaraman, Senior Reporter, Utility Dive

Thousands of manufactured gas plants dotted the American landscape in the 19th and early 20th century. Today, PG&E, ConEd and other utilities are still dealing with the contamination they left behind.

FACT SHEET: Biden Administration Releases Agency Climate Adaptation and Resilience Plans from Across Federal Government

October 7, 2021 – Today, the Biden-Harris Administration released plans developed by more than 20 federal agencies that outline the steps each agency will take to ensure their facilities and operations adapt to and are increasingly resilient to climate change impacts. The plans reflect President Biden’s whole-of-government approach to confronting the climate crisis as agencies integrate climate-readiness across their missions and programs and strengthen the resilience of federal assets from the accelerating impacts of climate change. The climate adaptation and resilience plans were previously submitted to and reviewed by the National Climate Task Force, White House Council on Environmental Quality’s (CEQ) Federal Chief Sustainability Officer, and the Office of Management and Budget (OMB) in response to President Biden’s Executive Order on Tackling the Climate Crisis at Home and Abroad.

Agencies face a multitude of risks caused by climate change, including rising costs to maintain and repair damaged infrastructure from more frequent and extreme weather events, challenges to program effectiveness and readiness, and health and safety risks to federal employees who work outside. By taking action now to better manage and mitigate climate risks, we will minimize disruptions to federal operations, assets and programs while creating safer working conditions for employees. Continue reading here.

All 20 Federal Agency Climate Adaptation and Resilience Plans are available here:
www.sustainability.gov/adaptation

SELECT AGENCIES’ NEWS RELEASES 

DOE Sets 2025 Community Solar Target to Power 5 Million Homes

The U.S. Department of Energy today announced a new National Community Solar Partnership target: to enable community solar systems to power the equivalent of five million households by 2025 and create $1 billion in energy bill savings. Reaching these milestones will help achieve the Biden-Harris Administration’s goals of achieving 100% clean electricity by 2035 and ensure that all Americans can reap the benefits of renewable energy while building community wealth and resiliency.

“Community solar is one of the most powerful tools we have to provide affordable solar energy to all American households, regardless of whether they own a home or have a roof suitable for solar panels,” said Secretary Jennifer M. Granholm. “Achieving these ambitious targets will lead to meaningful energy cost savings, create jobs in these communities, and make our clean energy transition more equitable.” Read more here.

NREL WEBINAR

Save the Date! October 26, 2021, 1 to 2 pm Central Time: 3 GW and Growing: Trends in the Community Solar Market

Join the National Renewable Energy Laboratory to hear the latest on community solar deployment trends across the United States. The webinar will cover topics such as the financial value that residential community solar subscribers receive, the potential for community solar to be used to reduce consumers’ energy burden, and the policy and deployment status of programs targeting low- and moderate-income subscribers.

LOCAL SOLAR FOR ALL COALITION REPORT

New Report Shows Rapidly Increasing Distributed Solar and Storage is Critical to Achieving President Biden’s Climate and Equity Goals at the Lowest Cost, Local Solar for All News Release, Business Wire

The key findings include:

  • At least 103 GW of distributed solar and 137 GW of distributed storage must be deployed by 2030 to achieve President Biden’s goals at the lowest cost.
  • Scaling up distributed solar and storage reduces stress on utility-scale resources and enables access to 579 GW of utility-scale solar and 442 GW of wind.
  • Scaling up distributed solar and storage saves all ratepayers over $109 billion by 2030 compared to deploying utility-scale renewables only.
  • Increasing local solar and storage would lead to the creation of more than 1.2 million new American jobs by 2030.

Not included in the report, but key to achieving President Biden’s Justice40 goals, is the ability for 50% of local rooftop and community solar capacity to be directed to low- to moderate-income (LMI) households, which could lower the energy burden for between 8-15 million LMI households.

Click the following link to learn more about the coalition:
www.localsolarforall.org.

Happy New (Fiscal) Year! Recapping a Year of Accomplishments at the Wind Energy Technologies Office

DOE’s Wind Energy Technologies Office 

As Fiscal Year (FY) 2021 comes to a close, the U.S. Department of Energy’s (DOE’s) Wind Energy Technologies Office (WETO) is celebrating a range of research and funding achievements—from an offshore wind supply chain roadmap to new resources to help communities plan wind energy developments.

Learn more about how WETO’s FY21 accomplishments have helped set the stage for U.S. wind energy to continue to grow.

Visit the Wind Energy Technologies Office (WETO) for the latest news, events, and updates.

 ADDITIONAL RECOMMENDED READING

GREEN CAMPUSES

 Six Months of Solar: DU Pushes Toward Carbon Neutrality Goals, University of Denver News
The project aims to reduce DU’s carbon footprint in line with its 25 sustainability goals to achieve by 2025, and to further carbon neutrality efforts.

OF POTENTIAL INTEREST TO K-12 TEACHERS

NEED Curriculum Samplers

Available for FREE PDF download, these curriculum samplers recombine NEED favorites into a smaller and simpler format, allowing the NEED Project to showcase new curriculum activities before they go into full format. Click here to check them out and share with your colleagues.

Commentary: Electric vehicles are finally ready for rural drivers

Contributed by Joyce Bodoh, director of energy solutions and clean energy
at Rappahannock Electric Cooperative
, Energy News Network

EVs available today can go as far as 400 miles on a single charge — welcome news to drivers with longer than average commute of 30 miles a day. New all-electric models hitting the market include pick-up trucks, EVs that seat up to seven passengers, and plug-in hybrid minivans. EVs are not just available in the new car market, either. The used car EV market that is expanding as well and available at a variety of price points.

As the director of energy solutions and clean energy at Rappahannock Electric Cooperative (“REC”), I support electric transportation efforts for the cooperative and promote the benefits of EVs to our member-owners. REC is an electric cooperative that provides electricity to 170,000 member-owners across Virginia. Read more here.

Image Credit: Inside EVs

NATIONAL DRIVE ELECTRIC WEEK 2021

September 25 – October 3

National Drive Electric Week is a nationwide celebration to raise awareness of the many benefits of all-electric and plug-in hybrid cars, trucks, motorcycles, and more. Learn more here.

LINKS TO RESOURCES

FACT SHEET: The American Jobs Plan Supercharges the Future of Transportation and Manufacturing, The White House Briefing Room

MORE ON U.S. INFRASTRUCTURE 

While far from the panacea that would be required to address increasingly critical infrastructure challenges, the [Infrastructure Investment and Jobs Act] — in its latest form — allocates over $70 billion for modernizing the nation’s electricity grid so that it can carry more renewable energy, marking the single largest federal investment in power transmission in history. With grid resiliency in the spotlight after events like this year’s power crisis, the spotlight remains on utilities and energy providers to prudently invest the federal injection to ensure that an event of this caliber (or worse) never happens again.

GRAIN BELT EXPRESS

New Illinois law could move Grain Belt Express forward, Missouri Times
The project would bring $1 billion in infrastructure investment to Illinois and create 1,200 jobs across three years of construction, according to Invenergy. It would develop an overhead and direct transmission line of approximately 780 miles delivering wind energy from western Kansas to utilities and consumers in Missouri and other states, according to its website.

NPPD’S R-PROJECT 

Click “Project Status” at the link, below, then scroll down to watch a brief video.

Project Status

MINNESOTA VIRTUAL POWER PLANT PILOT PROJECT

Minneapolis battery pilot will test vision for sharing solar power with neighbors, Energy News Network. Four batteries are being installed at a North Minneapolis green jobs training center in one of the country’s first “virtual power plant” pilot projects. Each battery will simulate a household buying and selling power with neighbors.

GLOBAL ROOFTOP SOLAR MARKET

Rooftop solar remains untapped yet crucial for energy transition – BNEF

Op-ed: Bipartisan Infrastructure bill will help working class catch up to Zoom economy

By Dr. Bill Cassidy, United States Senator for Louisiana, CNBC

If good policy is good politics, the Infrastructure Investment and Jobs Act is both. It’s good for the country, which barely has a passing grade on our infrastructure, C-, and good for the American worker. The COVID-19 pandemic and its lockdowns brought our economy to a temporary standstill. How someone fared, depended on their circumstances.

If someone could make a living through online video calls with access to high-speed internet in the comfort of their home, they often did quite well. If someone worked with their hands, things were often quite different. Employment levels and opportunities have not returned to those in the lower quintiles of our economy to the levels achieved before the pandemic. This is where the bipartisan infrastructure bill would come into play. Continue reading here.

Related Reading

STATE FACT SHEETS

CIVILIAN CLIMATE CORPS

Invest in a robust civilian climate corps to build our resiliency — our lives depend on itcontributed by Representative Joe Neguse and Mary Ellen Sprenkel, president and CEO of The Corps Network, the National Association of Service and Conservation Corps, The Hill

There is also already a modern corps model. There are more than 130 corps across the country operated by non-profits, state governments, and universities. These programs — located in rural towns and big cities alike — are grounded in communities and responsive to local needs. Many programs have partnered with local, state, and federal agencies for decades to engage young people in disaster resilience, conservation, and park maintenance projects.

CLEAN ELECTRICITY PAYMENT PROGRAM (CEPP)

80% Clean Electricity Payment Program = Enormous Job Growth, Natural Resources Defense Council

A clean energy policy like the one under consideration in Congress right now could expand the workforce by nearly 8 million jobs and generate $1 trillion in economic benefits over the next 10 years. New analysis released today demonstrates that a well-designed Clean Electricity Payment Program (CEPP) will support a strong clean energy economy, and is vital to addressing the climate crisis. 

Additional Recommended Reading

NATIONAL CLEAN ELECTRICITY STANDARD (CES)

Clean electricity standard lands spot in $3.5 trillion Democratic-backed infrastructure deal, Utility Dive

The Biden administration wants Congress to pass a clean electricity standard but is also prepared to pursue efforts to push utilities to ratchet down their emissions through the federal regulatory process should a national standard fail to make the final bill, according to Gina McCarthy, the White House’s national climate adviser. McCarthy said the administration believes a national clean energy standard would be more effective in prompting action on part of the utility industry to reduce emissions.

HOW THE BIDEN ADMINISTRATION PROPOSES TO PAY FOR INFRASTRUCTURE 

The Made In America Tax Plan, U.S. Department Of The Treasury

This report describes President Biden’s Made in America tax plan, the goal of which is to make American companies and workers more competitive by eliminating incentives to offshore investment, substantially reducing profit shifting, countering tax competition on corporate rates, and providing tax preferences for clean energy production. Importantly, this tax plan would generate new funding to pay for a sustained increase in investments in infrastructure, research, and support for manufacturing, fully paying for the investments in the American Jobs Plan over a 15-year period and continuing to generate revenue on a permanent basis.

To start, the plan reorients corporate tax revenue toward historical and international norms. Of late, the effective tax rate on U.S. profits of U.S. multinationals—the share of profits that they actually pay in federal income taxes—was just 7.8 percent. And although U.S companies are the most profitable in the world, the United States collects less in corporate tax revenues as a share of GDP than almost any advanced economy in the Organization for Economic Co-operation and Development (OECD).

Additional Recommended Reading: FACT SHEET: The American Jobs PlanThe White House

CREATING A FAIRER TAXATION SYSTEM: ITEP ANALYSES

The Institute On Taxation And Economic Policy (ITEP) Analyses of Biden’s Proposed Corporate Tax Reform

The Institute On Taxation And Economic Policy (ITEP) is a non-profit, non-partisan tax policy organization that conducts rigorous analyses of tax and economic proposals and provides data-driven recommendations on how to shape equitable and sustainable tax systems. ITEP’s expertise and data uniquely enhance federal, state, and local policy debates by revealing how taxes affect both public revenues and people of various levels of income and wealth.

GLOBAL MINIMUM CORPORATE TAX

G20 Signs Off On 15% Global Minimum Corporate Tax—Here’s How It Will Work, Forbes
The new tax system—expected to take effect in 2023—has been agreed to by 132 countries after meetings in July held by the G20 and the Organization for Economic Co-operation and Development. It sets an effective global minimum tax of 15% on multinationals with more than $890 million in revenue.