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Governors' Wind Energy Coalition

January 27, 2021

Top Story

Biden Should Invoke National Emergency on Climate, Schumer Says

By Ari Natter, Bloomberg  •    •  Posted 2021-01-26 15:01:56

Senate Majority Leader Chuck Schumer called for President Joe Biden to declare a climate emergency, a controversial move that would give the new administration sweeping authority to circumvent Congress to combat global warming. Declaring a climate emergency could unlock new powers for Biden, including the ability to redirect funding for clean energy projects, shut down crude oil exports, suspend offshore drilling and curtail the movement of fossil fuels on pipelines, trains, and ships. Former President Donald Trump used the tactic in February 2019 to divert billions of dollars to start construction on the wall along the southern border after Congress refused to appropriate the funding.
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Biden Administration

DOE program may save — or thwart — Biden’s energy plan

By David Iaconangelo, E&E News reporter  •    •  Posted 2021-01-26 15:03:46

A Department of Energy program considered critical to President Biden’s clean energy agenda is changing focus — and may open the administration to political attack, analysts say. When Biden was vice president, the Energy Department’s Loan Programs Office (LPO) distributed tens of billions of dollars in loans and loan guarantees intended to scale up new clean technologies. The office helped launch the first utility-scale wind and solar farms in the country. And it made a $535 million loan to Tesla Inc., now the world’s most valuable automaker, to open its first factory in Silicon Valley. [ read more … ]

One coal state senator holds the key to Biden’s ambitious climate agenda. And it’s not McConnell.

By Sarah Kaplan and Dino Grandoni, Washington Post  •    •  Posted 2021-01-26 15:02:17

He’s a coal country native, born to a family of mining town mayors. As West Virginia governor, he sued the Environmental Protection Agency. He has scuttled efforts to regulate greenhouse gas emissions, criticized the Paris climate agreement and famously shot a copy of a cap-and-trade carbon proposal full of lead. Now the fate of the most ambitious climate agenda ever proposed by an American president rests in his hands. [ read more … ]

Climate

Summit will mark U.S. return to global climate talks

By Jean Chemnick, E&E News reporter  •    •  Posted 2021-01-26 15:02:57

President Biden plans to host a high-level Earth Day summit, delivering on a campaign pledge and challenging his climate policy team to ready ambitious and credible commitments that can stand up to global scrutiny. A White House planning document says Biden will announce tomorrow the April 22 gathering, marking the fifth anniversary of the signing ceremony for the Paris Agreement, where then-Secretary of State John Kerry signed the accord he helped negotiate the previous December. [ read more … ]

‘Enormously big deal’: Fed creates climate committee

By Avery Ellfeldt, E&E News reporter  •    •  Posted 2021-01-26 15:03:13

The Federal Reserve announced yesterday the creation of a first-of-its-kind committee — chaired by a senior-level official — to deepen the central bank’s understanding of the risks that climate change poses to the financial system. Kevin Stiroh, who currently leads the New York Fed’s supervisory work, has been tapped for the job, which will entail tackling global warming alongside senior staff throughout the central banking system. That includes the Federal Reserve Board and the Fed’s 12 reserve banks across the country.
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Grid

Biden suspends Trump grid order that targeted China

By Christian Vasquez and Lesley Clark, E&E News reporters  •    •  Posted 2021-01-26 15:01:05

President Biden has suspended a Trump administration executive order aimed at banning grid equipment sourced from foreign nations deemed a security risk — particularly from China. The move halts one of President Trump’s only executive actions on grid security, though it was not immediately clear if Biden plans to overturn the order following a 90-day suspension. In a suite of executive actions signed on his first day in office, Biden directed the Energy secretary and director of the Office of Management and Budget to consider whether to recommend a replacement of Trump’s order.
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EVs

Biden renews call for federal EV fleet. But no order yet

By Maxine Joselow, E&E News reporter  •    •  Posted 2021-01-26 15:00:40

Clean energy advocates cheered yesterday afternoon when President Biden vowed to direct federal agencies to purchase electric vehicles for their fleets. But advocates were left holding their breath when Biden signed an executive order last night that compelled the federal government to buy American-made products — but stopped short of singling out EVs. The details of the EV directive may not come until tomorrow, when the White House plans to hold a “Climate Day” and it releases a flurry of additional orders aimed at combating climate change domestically, sources said. [ read more … ]

U.S. Mounts a Charge to Take On China, the King of Electric-Vehicle Batteries

By Ben Foldy and Rebecca Elliott, Wall Street Journal  •    •  Posted 2021-01-26 15:00:08

The auto industry’s quickening shift to electric cars is spurring investment in another emerging industry in the U.S.: manufacturing lithium-ion batteries for those vehicles. China currently dominates the market for producing electric-vehicle batteries. But as auto makers spend billions to build more plug-in models in the U.S., investors are increasing their bets on companies looking to expand the supply chain for batteries and related materials in North America—a region that has long relied on imports for such components. [ read more … ]

 

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