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Governors' Wind Energy Coalition

October 26, 2021

Top Story

Latest National Climate Plans Still Fall Far Short, U.N. Report Warns

By Brad Plumer, New York Times  •    •  Posted 2021-10-26 14:33:38

The latest plans by the nations of the world to tackle climate change over the next decade fall far short of what’s needed to avert a dangerous rise in global temperatures, according to a United Nations report released Tuesday. In the run-up to a major U.N. climate summit in Glasgow next week, a number of governments have updated their pledges under the Paris climate agreement to do more to curb their planet-warming emissions between now and 2030. They include Argentina, Britain, Canada, the European Union, South Africa and the United States. [ read more … ]

Reconciliation Bill

Congress eyes $235B in clean energy subsidies. Here they are

By Benjamin Storrow, E&E News  •    •  Posted 2021-10-26 14:34:17

Congress has a long-standing aversion to climate policy. Cap and trade saw a spectacular death in 2010. A plan to pay utilities for selling more clean electricity was axed this month. And proposals to tax carbon dioxide emissions never had a chance. But there is one major exception to lawmakers’ reluctance to tackle greenhouse gases: clean energy subsidies. Now, lawmakers appear poised to double down. The reconciliation package contains roughly $235 billion in incentives for everything from wind and solar to emerging technologies like green hydrogen and sustainable aviation fuels. By contrast, the economic stimulus package passed in 2009 offered $90 billion in clean energy spending. [ read more … ]

Energy companies boost lobbying amid reconciliation fight

By Timothy Cama, E&E News  •    •  Posted 2021-10-26 14:34:45

Fossil fuel companies, electric utilities and other industries significantly increased their spending on lobbying federal officials as debates over President Biden and congressional Democrats’ climate change agenda heated up. While Democrats crafted their proposals like the Clean Electricity Performance Program (CEPP), fees for oil and natural gas companies’ methane emissions, and new incentives to buy electric vehicles, the energy industry and its allies were doubling down on their efforts to stop or otherwise influence the policies, according to lobbying disclosures due last week that detailed activity between July and September. [ read more … ]

CCS

The Kemper project just collapsed. What it signifies for CCS

By Kristi E. Swartz, E&E News  •    •  Posted 2021-10-26 14:33:55

CCS pilot studies have failed to demonstrate that the technology works at scale, the study’s authors argue, and electric companies should take advantage of cheaper energy options, such as renewables, instead, the group said. CCS supporters say that the technology is tested and necessary to achieve climate goals, and that projects like Kemper provided invaluable information on the technology. [ read more … ]

EVs

Tesla Value Tops $1 Trillion After Hertz Orders 100,000 Cars

By Neal E. Boudette and Niraj Chokshi, New York Times  •    •  Posted 2021-10-26 14:33:23

Hertz customers will be able to rent a Tesla Model 3 compact sedan in some major markets in the United States and Europe starting in early November. The company said that it planned to install thousands of chargers at its locations and that it was teaming up with the quarterback Tom Brady to promote its E.V. offerings in a marketing campaign. “Electric vehicles are now mainstream, and we’ve only just begun to see rising global demand and interest,” Mark Fields, Hertz’s interim chief executive, who previously led Ford Motor, said in a news release. [ read more … ]

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