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Governors' Wind Energy Coalition

December 9, 2021

Top Story

Biden Commits U.S. Government to Net-Zero Emissions by 2050

By Katy Stech Ferek, Wall Street Journal  •    •  Posted 2021-12-09 16:05:47

President Biden on Wednesday committed the federal government to net-zero emissions by 2050, including directing federal agencies to make all of their vehicle purchases zero-emission units by 2035. Mr. Biden signed a wide-ranging executive order steering the business of the U.S. federal government, which spends $650 billion a year on goods and services, toward sustainable products and low-carbon industries. “As the single largest landowner, energy consumer, and employer in the Nation, the Federal Government can catalyze private sector investment and expand the economy and American industry by transforming how we build, buy, and manage electricity, vehicles, buildings, and other operations to be clean and sustainable,” the order said. [ read more … ]

Solar Energy

U.S. Trade Agency Urges Biden to Extend Trump’s Solar Tariffs

By Will Wade, Bloomberg  •    •  Posted 2021-12-09 16:05:10

A U.S. trade agency is recommending that President Joe Biden should extend Trump-era tariffs on imported solar components. The U.S. International Trade Commission is recommending a four-year extension of the solar tariff, with annual declines of .25% starting in February. The recommendation comes weeks after determining that solar imports remain a threat to U.S. manufacturers. [ read more … ]

Carbon

Biden orders federal government to go carbon neutral

By Kelsey Brugger, E&E News  •    •  Posted 2021-12-09 16:07:53

President Biden signed an executive order today that would compel the U.S. government to be “net-zero” by 2050 and have a zero-emissions vehicle fleet within 13 years. It directs the government to reduce its greenhouse gas releases by 65 percent by 2030 and also make sure facilities are powered with no carbon energy. That will mean greening 300,000 buildings, 600,000 cars and trucks, and its $650 billion yearly purchasing power. [ read more … ]

Scientists say humans can move CO2 from air to oceans

By John Fialka, E&E News  •    •  Posted 2021-12-09 16:06:54

Climbing concentrations of carbon dioxide make it likely that humans will have to move some gases from the atmosphere into the oceans to prevent crippling effects of climate change, the National Academies said in a major report released yesterday. It came after months of deliberation among top U.S. scientists who concluded that global efforts to reduce emissions, even if successful, “may not be enough to stabilize the climate.” The report identified six ways to capture and store carbon dioxide in the oceans, a controversial idea that the report said “will likely be needed.” [ read more … ]

Carbon prices, long in the dumps, surge in U.S. and Europe

By Benjamin Storrow, E&E News  •    •  Posted 2021-12-09 16:07:19

Carbon bulls are on the ride. Emission allowances in the Regional Greenhouse Gas Initiative, a cap-and-trade program covering power plants in the Northeast, closed at a record-high $13 per ton at auction last week. In California, current allowances at an auction last month reached $28.60 per ton, up from $17 a ton at the end of 2019. European emissions allowances, which traded for less than $10 a ton as recently as 2017, are now flirting with $90 per ton. [ read more … ]

RGGI

Va. governor-elect vows to exit cap-and-trade program

By Miranda Willson, E&E News  •    •  Posted 2021-12-09 16:06:22

Calling the Regional Greenhouse Gas Initiative a “carbon tax,” the Republican reportedly announced his aim to take Virginia out of the multistate program at an event this week in the Hampton Roads region of southern Virginia. “RGGI describes itself as a regional market for carbon, but it is really a carbon tax that is fully passed on to ratepayers,” said the governor-elect in a statement tweeted out by his press secretary yesterday. “It’s a bad deal for Virginians. It’s a bad deal for Virginia businesses, and as Governor, I will withdraw us from RGGI by Executive Action.” [ read more … ]

Reconciliation Bill

Manchin eyes ‘good adjustments’ to methane fee

By Nick Sobczyk, George Cahlink, Emma Dumain, E&E News  •    •  Posted 2021-12-09 16:07:34

Senate Democrats are continuing to negotiate changes to the proposed methane fee to satisfy Sen. Joe Manchin (D-W.Va.) and other moderates, complicating their push to wrap up a procedural review and finish their climate and social spending package by Christmas. At the same time, they’re also beginning to publicize bill text and new scores from the Congressional Budget Office, as they see progress in clearing the nearly $2 trillion “Build Back Better Act” through the Senate parliamentarian. [ read more … ]

EVs

GM, Ford Extra EV Credits At Risk In Senate Review

By Ari Natter, Bloomberg  •    •  Posted 2021-12-09 16:05:30

A Biden-backed proposal to give an extra tax break for the purchase of electric cars made in the U.S. with union workers will undergo a review by the Senate parliamentarian who will determine whether it qualifies under budget rules to move as part of President Joe Biden’s nearly $2 trillion economic package. The plan to offer $4,500 more in tax credits to consumers who buy those vehicles has drawn vehement opposition from a variety of people, including Tesla Inc. Chief Executive Officer Elon Musk, Senator Joe Manchin and trade officials in Canada, Mexico and the European Union. [ read more … ]

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