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

August 24, 2021

Top Story

House Democrats still scrounging for votes as party factions clash over $3.5 trillion budget

By Tony Romm, Washington Post  •    •  Posted 2021-08-24 14:32:31

The standoff stemmed from a bloc of nine moderate Democrats, who have threatened to vote against the tax-and-spending plan out of concerns about the process — a move that would ensure its temporary defeat. Even after calls and meetings that stretched into the early hours of the morning, House Speaker Nancy Pelosi (D-Calif.) and her Democratic allies still did not appear to have a final deal in hand. [ read more … ]

Climate

Climate Change Contributed to Europe’s Deadly Floods, Scientists Find

By Henry Fountain, New York Times  •    •  Posted 2021-08-24 14:34:23

The violent and deadly flooding in Germany and Belgium last month was an extremely rare event, scientists said Monday, but one that was made more likely by climate change. The scientists found that the record rainfall that led to the flooding, including a 24-hour total of 3.5 inches in the Ahr and Erft river valleys in western Germany, was a 400-year event, meaning in any given year there was a 1-in-400 chance of such a downpour occurring in the region. [ read more … ]

Bipartisan Infrastructure Bill

Infrastructure bill winners: Highways conceived decades ago

By Sean Reilly, E&E News  •    •  Posted 2021-08-24 14:35:01

When the Senate approved a $1.2 trillion infrastructure package this month, backers praised it as a crucial step to the future in bolstering public works, addressing environmental concerns and rebuilding public confidence in Congress’ ability to do its job. But cradled deep in the fine print is $1.25 billion for a road program drawn up more than 50 years ago. If lawmakers view proposed funding for the Appalachian Development Highway System as help for a long-beleaguered region, skeptics see it as emblematic of an inability to break with a road-building status quo that encourages sprawl and carbon emissions. [ read more … ]

Peaker Plants

Fight over ‘peaker’ plants poses grid climate test

By Miranda Willson, E&E News  •    •  Posted 2021-08-24 14:33:24

A proposed natural gas power plant and pipeline project in southwestern Indiana are drawing fire out of concerns that they will add more pollution to a region saddled with fossil fuel infrastructure. The controversy surrounding CenterPoint Energy Inc.’s plans for the site of an aging coal plant near Evansville, Ind., highlights a broader debate over natural gas “peaker” plants — backup power producers that rarely run but can be ramped up quickly when electricity demand is high. [ read more … ]

Carbon Cost

‘Seriously flawed’: Experts clash over social cost of carbon

By Maxine Joselow, E&E News  •    •  Posted 2021-08-24 14:34:02

An academic debate over a key metric for greenhouse gases is heating up, just as a high-profile courtroom battle is scheduled to begin. Prominent economists are clashing over the Biden administration’s approach to the social cost of carbon, which assigns a dollar value to the harm caused by 1 metric ton of greenhouse gas emissions. The feud comes as a federal court is slated to hear oral arguments tomorrow in a lawsuit brought by Republican state attorneys general over President Biden’s plans to increase the social cost of carbon. [ read more … ]

Markets

U.S. Holds Largest Sale of Strategic Oil Reserves in 7 Years

By Lucia Kassai, Bloomberg  •    •  Posted 2021-08-24 14:32:57

The U.S. is holding its largest sale of oil from strategic reserves since 2014 at a time when the outlook for fuel demand is darkening amid the resurgent Covid-19 virus. The Energy Department plans to auction off 20 million barrels of crude, twice as much as it offered for sale 3 1/2 months ago. The oil will be delivered during the fourth quarter, when U.S. demand for gasoline and other fuels typically falters and refineries slow down oil purchases while they shut down equipment for repairs and maintenance.  [ read more … ]

 

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