By Grant Carlisle, Natural Resources Defense Council
The newly minted Biden administration has made clear that climate change is a top priority. A vital arrow in the administration’s quiver should be tax policies including predictable and long-term extensions and upgrades to clean energy and clean transportation incentives. See here for a letter from 45 environmental, faith and business groups sent to President Biden today supporting robust clean economy tax policies. These policies will help clean energy and clean transportation play a critical role in building an ascendant 21st century American economy, putting people back to work, and laying the foundation for a cleaner, healthier and more prosperous future. Read more here.
ADDITIONAL RECOMMENDED READING
- Gina McCarthy: Climate plan is a jobs creator, CNN
- Biden EPA nominee vows ‘sense of urgency’ on climate change, People’s World
- This popular and proven climate policy should be at the top of Congress’s to-do list: The case for a national clean electricity standard, Vox
- NASA Names Its First Climate Advisor, E&E News, Scientific American
- Climate risk is about to become a much bigger part of the financial system, Quartz
- Gov. Walz announces plan to achieve clean energy in Minnesota by 2040, Minnesota Spokesman-Recorder
- Building domestic supply chain for battery storage could be a priority for lawmakers, Senate aides say, Utility Dive
- WoodMac on Green Hydrogen: It’s Going To Happen Faster Than Anyone Expects, Greentech Media
NATIONAL GREEN BANK BILL
National Green Bank Bill Targets $100B for Business Sectors Key to Biden’s Climate Agenda, Greentech Media. A report this week from the National Academies of Science highlighted the need for federal funding to bolster private capital sources that are “unlikely to be sufficient to finance the low-carbon economic transition, especially during the 2020s when the effort is new.”
- Wells Fargo to install nearly 100 solar arrays on U.S. properties, PV Magazine
The shift in strategy means the bank will move away from using RECs as its primary tool to meet its renewable energy goals.
- Des Moines-based MidAmerican Energy, Iowa’s largest power company, names its new CEO, Des Moines Register
- GE Gets U.S. DOE Grant to Build 3D Printed Wind Turbine Blades, Offshore Engineer Digital
- Enel sees more opportunities in US renewables under Biden administration, Energy World
- Previously Posted: In Nebraska: Rattlesnake Creek Wind Farm, constructed by Enel Green Power
APPA, other groups call for a $10 billion emergency supplemental appropriation for LIHEAP, American Public Power Association
A group of national gas and electric utility associations, including the American Public Power Association, on Feb. 4 sent a letter to Congress calling for a $10 billion emergency supplemental appropriation for the Low Income Home Energy Assistance Program (LIHEAP).The letter was sent to House and Senate Appropriations committee chairmen and ranking members.
“LIHEAP is the bedrock of America’s energy safety net, providing heating and cooling assistance to our most vulnerable, including the elderly, those with disabilities, and families with young children,” the letter noted.