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Governors' Wind Energy Coalition

October 7, 2021

Top Story

GM Sets Ambitious Revenue Target, Challenges Tesla With $30,000 Electric SUV

By Mike Colias, WallStreet Journal  •    •  Posted 2021-10-07 14:32:02

General Motors Co. set one of its most ambitious financial targets in years on Wednesday, telling investors it aims to more than double revenue by 2030 with an influx of new battery-electric models and auto-related services. The Detroit auto maker also took direct aim at Tesla Inc.,  saying it plans to take the lead in electric-vehicle sales in the U.S., without committing to a timetable. As part of the push, GM said it would release a new electric SUV priced at about $30,000, undercutting the cheapest version of Tesla’s Model 3 sedan. [ read more … ]

Solar Energy

Why Tesla’s solar business has not yet taken off as Elon Musk promised

By Lora Kolodny and Jeniece Pettitt, CNBC  •    •  Posted 2021-10-07 14:30:49

Tesla still isn’t mass producing and installing large numbers of the Solar Roof tiles. Most of the growth in its Energy division has come from its energy storage systems — from backup batteries for homes to big batteries for utility-scale projects. Most of its residential solar revenue comes from installations of traditional panels. CNBC interviewed industry experts and recent Tesla solar customers, to find out how the company is delivering on its solar promises. Their experiences were mixed, with customers in Washington, New York and California bemoaning poor customer service and unexpected issues with the installation of their solar panels, and others praising Tesla for making cars and systems that enable them to run on sunshine. [ read more … ]

Grid

Moment of truth for grid expansion: Who pays?

By Jeffrey Tomich, E&E News  •    •  Posted 2021-10-07 14:34:49

Planning continues for a $30 billion grid expansion across a wide swath of the central United States to help states and utilities accelerate the shift from fossil fuels to renewable energy over the next 30 years. But before the region’s grid operator, the Midcontinent Independent System Operator (MISO), can even approve an initial set of projects, the process is mired in a thorny debate over who will pay for them. There’s broad agreement that expansion of regional and interregional transmission is needed for the United States to replace an aging fleet of coal- and natural gas-fired generation with renewable energy. But that’s about all that many different interests involved in the planning process agree on. [ read more … ]

States

N.C. poised to enact sweeping clean energy plan

By Kristi E. Swartz, E&E News  •    •  Posted 2021-10-07 14:33:21

North Carolina’s Democratic governor and its Republican-controlled Legislature have reached a deal on a sweeping energy bill that could dramatically boost renewable electricity in the state.
The bipartisan-backed legislation, years in the making, is designed to slash the Tar Heel State’s carbon emissions 70 percent by 2030 en route to reaching a 2050 net-zero goal. The compromise bill, the result of negotiations between Gov. Roy Cooper (D) and state House and Senate leaders, sailed through two key Senate committees yesterday and could soon be on the chamber’s floor. [ read more … ]

‘Historic’ Ariz. plan for coal towns may ripple nationally

By Miranda Willson, E&E News  •    •  Posted 2021-10-07 14:32:58

Utility regulators in Arizona are considering a proposal to distribute $144.5 million to predominantly Native American communities affected by the closure of coal-fired power plants in a case that could have national implications for fossil fuel-dependent regions. The Arizona Corporation Commission kicked off a three-day hearing this week on a utility rate case that includes a proposed payment plan for communities that are reliant on tax revenue and jobs from the coal industry. Under the plan, electric utility Arizona Public Service would allocate the funds to the Navajo Nation, the Hopi Tribe and Navajo County, all of which have hosted major coal generating stations for the Western grid, over the next 10 years. [ read more … ]

Reconciliation Bill

Advocates, Lawmakers Weigh Climate Priorities In Narrower Budget Bill

By Lee Logan, InsideEPA  •    •  Posted 2021-10-07 14:33:52

Environmental advocates and Democratic lawmakers are scrambling to protect a series of climate- and environment-related initiatives in the party’s emerging budget “reconciliation” package, after President Joe Biden acknowledged his signature economic policy initiative must be significantly downsized to pass. Biden is reportedly pressing lawmakers to accept a bill with top-line spending of roughly $2 trillion or slightly more, while key lawmakers representing moderates and progressives are signaling a willingness to budge from their prior positions. [ read more … ]

Sanders unloads on Manchin: ‘Not good enough to be vague’

By Nick Sobczyk, E&E News  •    •  Posted 2021-10-07 14:34:18

For weeks, both Democrats and Sanders, the Senate Budget chair, have generally refrained from publicly criticizing the West Virginia Democrat in public as negotiations drag on behind closed doors. But that all ended yesterday as Sanders spent roughly 15 minutes at a news conference lambasting Manchin’s “vague phraseology” on a long list of social spending programs, reflecting simmering tensions in the caucus as Manchin and fellow moderate Sen. Kyrsten Sinema (D-Ariz.) attempt to strip down a bill that would be President Biden’s signature legislative accomplishment. [ read more … ]

Car Rule

DOJ investigating Trump’s car emissions probe

By Arianna Skibell, E&E News  •    •  Posted 2021-10-07 14:35:51

The Justice Department’s inspector general is investigating former President Trump’s decision to open a probe of U.S. automakers that bucked his vehicle emission standards in favor of California’s stricter ones, a lawmaker said today. Sen. Sheldon Whitehouse (D-R.I.), speaking during a hearing on the nomination of Jonathan Kanter, President Biden’s candidate to lead DOJ’s antitrust division, said he was worried DOJ’s scope may not be broad enough. [ read more … ]

Markets

Global energy demand to grow 47% by 2050, with oil still top source: US EIA

By Meghan Gordon and Maya Weber, S&P Global  •    •  Posted 2021-10-07 14:32:33

Global energy demand and energy-related carbon emissions will continue to rise through 2050, with oil remaining the largest energy source just ahead of surging renewables, the US Energy Information Administration said Oct. 6 in its latest International Energy Outlook. The 2050 projection underscores the stark challenges ahead for transitioning away from fossil fuels and curbing global warming emissions. [ read more … ]

Greenpeace calls for end to carbon offsets

By Alessandra Prentice, Reuters  •    •  Posted 2021-10-07 14:35:19

Carbon offsets are allowing the world’s biggest polluters to forge ahead with business plans that are threatening global climate goals, the head of Greenpeace International said in an interview. The model allows polluting companies to offset their emissions by buying credits from projects that reduce or avoid the release of climate-warming CO2 elsewhere, such as mass tree plantings or solar power farms – which could be worth $50 billion by 2030 according to a task force created to scale up the market. [ read more … ]

EVs

Survey: 23% Of Americans Would Consider EV As Next Car

By Bill Howard, Forbes  •    •  Posted 2021-10-07 14:31:15

As more electric and plug-in vehicles come to market, U.S. drivers are showing an increasing interest in these greener options. At the same time, future interest in gasoline-powered vehicles is fading, despite the fact that they dominate new vehicle sales. Data from a YouGov poll for Forbes Wheels of more than 33,000 licensed U.S. drivers showed that 22.9% of respondents would consider purchasing an electric vehicle as a new or used car. The survey allowed drivers to choose multiple engine/motor types. [ read more … ]

Off-Topic

The foul-mouthed farmer sticking his neck out for Democrats’ agenda

By BURGESS EVERETT, Politico  •    •  Posted 2021-10-07 14:31:42

There’s been a lot for the senator to swear about lately, as Tester castigates Republicans for their intransigent position on the debt ceiling and assesses spending a “shitpile” of money on President Joe Biden’s agenda. But despite hailing from a state that Biden lost by 16 points, Tester isn’t among the Democrats getting cursed out for obstruction by liberal activists. In fact, the burly farmer from Big Sandy, Mont., has become a reliable advocate of much of Biden’s agenda, even as he eyes a potentially perilous reelection campaign in 2024 in a state where being a Democrat is hard enough. And as for whether Tester’s alignment with Biden and relatively liberal voting record is a clue about whether he’ll retire rather than run again … well, throw another quarter in the swear jar: “Oh, no, fuck that. That’s not my style.” [ read more … ]

 

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