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Governors' Wind Energy Coalition

March 2, 2016

Trump not yet winning on Capitol Hill

George Cahlink, E&E reporter  •    •  Posted 2016-03-02 06:37:19

Calling climate change “bullshit” and seeking to abolish U.S. EPA, Donald Trump is stoking populist passions and leading the race for the Republican presidential nomination, including yesterday’s near sweep of the Super Tuesday primaries. But on Capitol Hill, Republicans have been far less eager to hop on board the bombastic billionaire’s bandwagon, although most say they eventually could. They are also raising serious questions as to whether Trump’s bold proposals on energy and environmental issues could be implemented if he won the White House. [ read more … ]

Key House appropriator questions clean energy research push

Geof Koss, E&E reporter  •    •  Posted 2016-03-02 06:37:43

A top House appropriator said today that the Obama administration’s bid to double spending on clean energy research over five years may come at the expense of power sources favored by the Republican majority. Rep. Mike Simpson (R-Idaho), who leads the Energy and Water Development Appropriations Subcommittee, told Energy Secretary Ernest Moniz he was “disappointed” the Mission Innovation proposal included in the fiscal 2017 budget request “favors” the Energy Department’s Office of Energy Efficiency and Renewable Energy.
[ read more … ]

Future of U.S. Solar Threatened in Nationwide Fight Over Incentives

By Nichola Groom, Reuters  •    •  Posted 2016-03-02 06:38:17

Two sun-drenched U.S. states have lately come to very different conclusions on a controversial solar power incentive essential to the industry’s growth. In California, regulators voted in January to preserve so-called net metering, which requires utilities to purchase surplus power generated by customers with rooftop solar panels. But neighboring Nevada scrapped the policy – prompting solar companies to flee the state. The decisions foreshadow an intensifying national debate over public support that the rooftop solar industry says it can’t live without.
“Without net metering, it just doesn’t work,” said Lyndon Rive, chief executive of top U.S. residential solar installer SolarCity Corp. [ read more … ]

Lawmaker to Propose Extending Credit to Spur U.S. Offshore Wind

Joe Ryan, Bloomberg News  •    •  Posted 2016-03-02 06:38:42

U.S. Senator Edward J. Markey plans to introduce legislation “soon” to extend a federal tax credit that will spur wind-farm development in coastal waters. The Massachusetts Democrat is seeking to extend the investment tax credit until 2025, he said at the U.S. Offshore Wind Leadership Conference in Boston Monday. The policy grants a 30 percent credit for the costs of developing renewable-energy projects. [ read more … ]

Warren Buffett discounts climate exposure, likens risks to Y2K

Benjamin Hulac, E&E reporter  •    •  Posted 2016-03-02 06:39:15

Billionaire Warren Buffett this weekend told his company’s shareholders that they shouldn’t worry about the firm’s exposure to climate change. In a letter to Berkshire Hathaway Inc., one of the world’s biggest insurers and a significant insurer of catastrophic damage, Buffett wrote that personal concerns about climate change should not be confused with business risks. “As a citizen, you may understandably find climate change keeping you up nights,” Buffett said, suggesting that investors move if they live in a low-lying region. “But when you are thinking only as a shareholder of a major insurer, climate change should not be on your list of worries.” [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.