Agency Actions Will Better Protect Workers’ Hard-Earned Savings, Create Good Jobs, and Position America to Lead the Global Economy
Today, President Biden took action to address the serious threat that the climate crisis poses to our economy. Extreme weather related to climate change can disrupt entire supply chains and deprive communities of food, water, or emergency supplies. Snowstorms can offline entire power grids. Floods made worse by rising sea levels destroy homes and businesses. As the United States builds a modern and equitable clean energy future that creates millions of good-paying jobs and advances environmental justice, the agency actions spurred by the President’s directive today will help safeguard the financial security of America’s families, businesses, and workers from the climate-related financial risks they are already facing. Continue reading here.
WASHINGTON, D.C. — Today Congress and the White House were unable to agree on including an extension of the solar Investment Tax Credit (ITC) in an end of year tax package, meaning the credit will decrease at the end of this year. The measure also failed to include energy storage in the ITC. This represents a missed opportunity to take an achievable step to boost the economy, add jobs and reduce carbon emissions.
Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association on this development:
“While I’m disappointed by this missed opportunity to boost the U.S. economy and jobs, and tackle climate change, I’m heartened that voter support for clean energy policies is at an all-time high. The solar ITC is a proven way to generate tens of billions of dollars in private investment each year, while substantially reducing carbon emissions. We will look for opportunities next year to again engage our incredibly supportive solar community and work with Congress on clean energy policies that work for all Americans.”Read the entire news release here.
Infrastructure and Energy Alternatives Press Release,Globe Newswire
The award is for construction of the Thunderhead Wind Project in Antelope and Wheeler counties in Nebraska. The project will consist of 108 GE turbines with 300 megawatts of capacity. The power will be delivered into the Nebraska electrical grid. Work on the project began in November with completion scheduled for September 2020. The scope of IEA’s work includes construction of project access roads and turbine foundations, as well as erection of the turbines. Read more here.