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Governors' Wind Energy Coalition

October 27, 2021

Top Story

Democrats Race to Figure Out How to Pay for Social and Climate Programs

By Emily Cochrane, New York Times  •    •  Posted 2021-10-27 15:41:21

Democratic leaders and White House officials were racing on Wednesday to resolve a number of key disagreements on their expansive social safety net and climate bill before President Biden departs on Thursday for Europe, even as some lawmakers signaled they may not be able to agree on a framework by the end of the day. Speaker Nancy Pelosi released a letter to House Democrats saying that talks had moved the party “closer to passing the historic, transformative Build Back Better Act,” as the measure is known. Ms. Pelosi said she had asked the House Rules Committee to convene on Thursday to hear lawmakers present in legislative form what they had reached agreement on, hoping to show tangible progress toward a final agreement — or at least a framewor [ read more … ]

Wind Energy

$200 million wind turbine facility planned for Virginia

By Jim Morrison, Washington Post  •    •  Posted 2021-10-27 15:41:37

A lineup of local, state and federal leaders said the project, the largest in the United States, positioned Virginia at the forefront of developing wind energy. “This puts us a vital step closer to being the leader in offshore wind,” Northam said, adding that in a few short years the state had pivoted from exploring offshore drilling, which would harm the environment, to offshore wind. “Virginia,” he said, “is all in for offshore wind.” [ read more … ]

Solar Energy

New Jersey solar EJ plan: National model or warning?

By David Iaconangelo, E&E News  •    •  Posted 2021-10-27 15:42:04

The Biden administration and clean energy advocates are pushing for solar power to be a key environmental justice tool, but New Jersey’s experience is showing that won’t be easy. The state has one of the nation’s most ambitious experiments for bringing community solar to lower-income households, winning praise from many industry watchers. But it is also coming under fire from critics who say that solar companies are being set up for failure, raising questions about other emerging programs nationally. [ read more … ]

Tranmission

Transmission control

BY MATTHEW CHOI, Politico  •    •  Posted 2021-10-27 15:44:03

“The stranglehold that incumbents generally have on the transmission planning and development is one that will continue to be a major barrier to the Biden administration reaching its goal of decarbonizing the grid by 2035,” said former FERC Chair Jon Wellinghoff. “It’s going to be virtually impossible to do that as long as those incumbents continue to have the strength of their incumbency.” [ read more … ]

Hydro

A place for hydro?

BY MATTHEW CHOI, Politico  •    •  Posted 2021-10-27 15:40:50

Wyden also told ME Tuesday that he’s working on getting an investment tax credit for hydropower included in the reconciliation bill — a measure pushed by Sens. Maria Cantwelland Lisa Murkowski . The 30-percent investment tax credit would go toward updating hydropower facilities to improve resiliency, efficiency and environmental safeguards, and has the backing of both the hydro industry and river protection groups, who often clashed on dam construction in the past. Malcolm Woolf, president and CEO of the National Hydropower Association, said he feared the industry was being overlooked for higher profile renewables, like wind and solar. [ read more … ]

Reconciliation Bill

White House to release climate strategy ahead of Glasgow

By Jean Chemnick, E&E News  •    •  Posted 2021-10-27 15:42:55

The White House is preparing a national climate strategy that will outline how President Biden plans to meet his ambitious goals on global warming, a senior administration official said yesterday.
The policy road map will “lay out the key specifics around the range of tools we have for us to actually hit” Biden’s pledge to cut U.S. greenhouse gas emissions between 50 and 52 percent below 2005 levels by 2030, the official said on a call with reporters. [ read more … ]

Manchin signals opposition to EV charging station spending

By Jeremy Dillon, E&E News  •    •  Posted 2021-10-27 15:42:26

Electric vehicle infrastructure spending in the Democratic reconciliation package may be the next policy targeted by Sen. Joe Manchin for a potential rollback, according to comments this morning during an appearance at the Economic Club of Washington. Manchin’s remarks happened as leaders look to finalize a framework with the West Virginia Democrat in the coming days on a massive reconciliation package focused on climate and social infrastructure provisions. [ read more … ]

Markets

Investors on board as U.S. oil majors dismiss wind and solar projects

By Sabrina Valle and Ross Kerber, Reuters  •    •  Posted 2021-10-27 15:43:31

Top U.S. oil firms are doubling down on drilling, deepening a divide with European rivals on the outlook for renewables, and winning support from big investors who do not expect the stateside companies to invest in wind and solar. Among a dozen U.S. fund managers contacted by Reuters from companies overseeing about $7 trillion in assets, most said they prefer oil firms to generate returns from businesses they know best and give shareholders cash to make their own renewable bets. [ read more … ]

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