Please add the Governors' Wind Energy Coalition to your address book for uninterrupted delivery
View this email in a web browser.
Governors' Wind Energy Coalition

February 24, 2021

Top Story

Texans Will Pay for Decades as Crisis Tacks Billions Onto Bills

By Mark Chediak, Bloomberg  •    •  Posted 2021-02-23 15:28:24

Now that the lights are back on in Texas, the state has to figure out who’s going to pay for the energy crisis that plunged millions into darkness last week. It will likely be ordinary Texans. The price tag so far: $50.6 billion, the cost of electricity sold from early Monday, when the blackouts began, to Friday morning, according to BloombergNEF estimates. That compares with $4.2 billion for the prior week. [ read more … ]

Blackouts

Texas freeze raises concerns about ‘ridiculous’ variable rate bills

By Stephanie Kelly, Peter Szekely, and Jennifer Hiller, Reuters  •    •  Posted 2021-02-23 15:27:46

In Spring, Texas, about 20 miles (32 km) north of Houston, Akilah Scott-Amos is staring down a more than $11,000 electric bill for this month, a far cry from her $34 bill at this time last year. “What am I going to do?” Scott-Amos, 43, said. She was among the millions of Texas residents who lost power during several days of bitter cold that caused the state’s electrical grid, operated by the Electric Reliability Council of Texas, to break down. “I guess the option is, what, I’ll pay it? I just don’t feel like we should have to.”
[ read more … ]

Solar Energy

Solar, clean energy groups call on Biden to ease tariffs

BY KELSEY TAMBORRINO, Politicoi  •    •  Posted 2021-02-23 15:26:32

The Solar Energy Industries Association and the American Clean Power Association, both trade associations, on Monday called on Biden to revoke a presidential proclamation issued last year that stiffened penalties on imported solar tariffs. Former President Donald Trump’s action in October raised the 2021 tariff to 18 percent, from the 15 percent. [ read more … ]

Biden Administration

Biden’s Climate Czar on the Texas Electricity Mess, Green Energy

By Leslie Kaufman, Bloomberg  •    •  Posted 2021-02-23 15:26:01

As the first White House National Climate Advisor, Gina McCarthy is carrying a lot of weight for Joe Biden’s administration. It’s her job to fulfill his very ambitious climate agenda, which includes a carbon-free grid by 2035 and a net-zero economy by 2050. This past week the president returned the U.S. to the Paris climate accord, which requires countries to set their own voluntary goals for reducing greenhouses gases. McCarthy, who led the Environmental Protection Agency under President Barack Obama, has pledged “the most aggressive” carbon cut the U.S. can make ahead of a climate summit Biden is hosting with world leaders to mark Earth Day on April 22. [ read more … ]

Climate Change

What’s Really Behind Corporate Promises on Climate Change?

By Peter Eavis and Clifford Krauss, New York Times  •    •  Posted 2021-02-23 15:27:27

Last month, Laurence D. Fink, BlackRock’s chief executive, wrote that the coronavirus pandemic had “driven us to confront the global threat of climate change more forcefully,” and the company said it wants businesses it invests in to remove as much carbon dioxide from the environment as they emit by 2050 at the latest. But crucial details were missing from that widely read pledge, including what proportion of the companies BlackRock invests in will be zero-emission businesses in 2050. [ read more … ]

Gates Wants to Team Up More With Bezos to Combat Climate Crisis

By Emily Chang and Dina Bass, Bloomberg  •    •  Posted 2021-02-23 15:28:44

Bill Gates is aiming to work more closely with Amazon.com Inc. Chief Executive Officer Jeff Bezos to combat a climate crisis that the Microsoft Corp. co-founder said could dwarf the current pandemic in fatalities and global impact. “The deaths will just go up over time as you get more heat waves, forest fires and, most importantly, lose the ability to go outdoors and do farming anywhere near the equator,” Gates said in an interview with Bloomberg Television’s Emily Chang. His book, “How to Avoid a Climate Disaster,” went on sale earlier this month. [ read more … ]

Car Rules

Pennsylvania Governor drafts plan to boost electric vehicle sales

By Associated Press  •    •  Posted 2021-02-23 15:25:23

Democratic Gov. Tom Wolf’s administration has begun drafting a regulation that would require automakers to offer electric cars for sale in Pennsylvania as a way to cut emissions of greenhouse gases and pollutants that cause lung problems, it said Friday. At least 12 states already have a requirement for the zero-emission electric vehicles, including neighbors Maryland, New Jersey and New York. [ read more … ]

FERC

FERC launches climate review of Texas blackouts

By Arianna Skibell, E&E News reporter  •    •  Posted 2021-02-23 15:24:54

The Federal Energy Regulatory Commission has launched two new investigations into last week’s devastating Texas power outages and will explore how to protect the grid against future disruptions, the agency announced yesterday. “The effects of climate change are already apparent,” FERC Chairman Richard Glick (D) said in a statement, “and we must do everything we can within our statutory authority to ensure that the electric grid is capable of keeping the lights on [in] the face of extreme weather.” [ read more … ]

Litigation

Big Oil’s ‘Hail Mary’ may roil U.S. climate cases

By Maxine Joselow, E&E News reporter  •    •  Posted 2021-02-23 15:29:25

The outcome of a Supreme Court battle between Baltimore officials and Big Oil over climate change impacts could reverberate in courtrooms across the country, legal experts say. As the high court deliberates its ruling in BP PLC v. Mayor and City Council of Baltimore, a host of other lawsuits aimed at holding the fossil fuel industry liable for the local effects of global warming are slogging through preliminary procedural battles. The Supreme Court’s decision has the potential to further delay — or derail — those cases [ read more … ]

Commentary

The Lessons of the Texas Power Disaster

By Editorial Board, New York Times  •    •  Posted 2021-02-23 15:27:00

None of the poppycock from Texas politicians is of any help to the scores of Texans who spent long hours and days freezing in their homes. It has also obscured the real reasons for the disaster and diverted attention from an important lesson: that the nation’s energy delivery system, not just in Texas but everywhere, needs a radical overhaul if it is to withstand future shocks and play the role that President Biden has assigned it in the battle against climate change. [ read more … ]

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