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Governors' Wind Energy Coalition

July 5, 2022

Top Story

Oil Prices Pulled Lower by Dimming Demand

By Matt Grossman, Wall Street Journal  •    •  Posted 2022-07-05 16:10:37

Slowing demand and recession fears helped bring the benchmark U.S. oil price below $100 a barrel Tuesday, continuing a rapid turnaround from soaring levels in recent months. Oil prices shot higher earlier this year as war in Ukraine disrupted supply lines and the world-wide postpandemic reopening lifted demand. That move has contributed to the persistent inflation that has gripped major economies world-wide in 2022. The growth outlook is darkening as central banks work to get inflation under control by cooling economic activity, pulling down traders’ forecasts for oil demand. [ read more … ]

Wind Energy

Power line congestion leads to wind turbine shutdowns, denting county budgets

By Mike Hughlett, Minneapolis Star Tribune  •    •  Posted 2022-07-05 16:09:38

Wind turbines in parts of southern Minnesota are more commonly being shut off periodically because of transmission congestion. Wind farm taxes are key revenue sources for counties, and money only flows when the turbines are turning. The 18 counties in Minnesota’s wind belt reported a 14% drop in wind tax revenue in 2021, compared with the previous year. Hit hardest: Jackson and Murray counties, wind energy powerhouses that had declines of 21% and 34%, respectively.
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Solar Energy

A Hawaii bill would limit solar power. Gov Ige plans to veto it

By Julia Kane, Grist  •    •  Posted 2022-07-05 16:11:35

The measure requires that each island generate one third of its renewable energy from “firm” sources, which provide power 24 hours a day, before building any more renewables. Critics argue that the bill would make it harder for Hawaii to reach its climate goals and raise the cost of electricity — which is nearly three times more expensive in Hawaii than the national average. “We shouldn’t waste our time on this kind of legislation if we hope to exist in a clean energy future,” Ige said during a recent press conference indicating his intent to veto the bill.  [ read more … ]

SCOTUS

‘Major questions’ ruling opens door to scores of EPA rule challenges

By Inside EPA  •    •  Posted 2022-07-05 16:10:16

For EPA, this could potentially impact its ability to grant California’s Clean Air Act waiver of preemption to set stricter vehicle GHG rules, for example, according to Richardson. And Republican attorneys general are already challenging EPA’s model year 2023-26 auto GHG standards, arguing that the rule violates the major questions doctrine and the Clean Air Act “by preferencing electric vehicle [EV] technology over other emission-reduction technology.” [ read more … ]

Many mayors condemn Supreme Court ruling limiting EPA’s ability to regulate greenhouse gas emissions

By Danielle McLean, Utility Dive  •    •  Posted 2022-07-05 16:13:29

Many mayors are condemning the U.S. Supreme Court’s decision Thursday limiting the Environmental Protection Agency’s ability to regulate greenhouse gas emissions from power plants under the Clean Air Act. In a joint statement following the decision, the heads of the National League of Cities and U.S. Conference of Mayors said the ruling represents “a major step back in our fight to keep our communities safe from the devastating effects of the climate crisis.” [ read more … ]

What’s on and off the table for post-SCOTUS climate action

By David Iaconangelo, Niina H. Farah, Carlos Anchondo, E&E News  •    •  Posted 2022-07-05 16:15:21

As the smoke clears from the Supreme Court’s major climate ruling last week, legal experts and clean energy groups say the country still has many options for achieving a dramatic reduction of greenhouse gas emissions. Last week, the high court’s conservative majority rejected the Obama administration’s systemic approach to power plant regulation in the Clean Power Plan that it had blocked from going into effect in 2016. [ read more … ]

Commentary

Wanted: A fossil-fuel Independence Day

By William S. Becker, The Hill  •    •  Posted 2022-07-05 16:14:28

It has been 246 years since America’s founders declared independence from Britain. In the Declaration of Independence, they cited 27 “repeated injuries and usurpations” that made British rule “absolute tyranny” over the 13 colonies at the time. Sadly, the American people are still not free of tyranny. Now, it’s the “repeated injuries and usurpations” in our energy system. We are still addicted to the fossil fuels we began using more than 160 years ago, despite modern alternatives that are ubiquitous, clean, inexhaustible, less expensive and more democratic — as well as better for public health and the environment. [ read more … ]

Climate

Is Biden’s 2035 CO2 goal still achievable? What studies say

By Peter Behr, E&E News  •    •  Posted 2022-07-05 16:15:49

President Joe Biden’s clean energy agenda could fall far off course if the Supreme Court’s decision restricting future federal regulation of carbon emissions from power plants is followed by the failure of major climate legislation in Congress, according to detailed computer modeling. Justice Elena Kagan, writing in dissent for the court’s three-member liberal minority last week, warned that the majority decision in West Virginia v. EPAstrips the agency “of the power Congress gave it to respond to ‘the most pressing environmental challenge of our time’” [ read more … ]

Hydro

DOE seeks input on how to divide $630M in infrastructure law hydropower funding

By Emma Penrod, Utility Dive  •    •  Posted 2022-07-05 16:12:01

The U.S. Department of Energy has issued a request for informationregarding the distribution of $630 million made available by the Bipartisan Infrastructure Law for capital improvements at hydroelectric facilities. While the majority of the funds must go to projects related to grid resiliency, dam safety and environmental improvements, $75 million has been set aside to provide incentives for projects that can improve facility efficiency by at least 3% [ read more … ]

Carbon Capture

Supreme Court ruling opens door to carbon capture

By Benjamin Storrow, E&E News  •    •  Posted 2022-07-05 16:14:53

The Supreme Court’s recent climate ruling means carbon capture will likely form the backbone of any new EPA regulations targeting carbon dioxide emissions from power plants, energy experts and legal analysts said. It’s an approach that could prove awkward for both the coal industry and the Biden administration. [ read more … ]

Markets

Drivers Endure Near-Record Gas Prices During July 4 Travel

By Omar Abdel-Baqui and Hardika Singh, Wall Street Journal  •    •  Posted 2022-07-05 16:11:09

Americans are still paying close to $5 at the pump. That isn’t going to stop them from hitting the road this July Fourth, analysts say.  The average price for a gallon of gasoline Friday was $4.84, compared with $3.12 during the same day last year, according to data from OPIS, an energy-data and analytics provider.  Yet many drivers aren’t changing their pump habits much, despite the 55% year-over-year increase.  [ read more … ]

EVs

Tesla Is No Longer the World’s Largest EV Seller. Here’s Who Is.

By Lina Saigol, Barron’s  •    •  Posted 2022-07-05 16:13:55

Warren Buffett-Backed BYD has overtaken to become the world’s biggest electric vehicle producer by sales, even as Covid lockdowns in China disrupted supply chains. Shenzen-based BYD sold 641,000 new energy vehicles in the first half of 2022, the company said on July 3. That represents an increase of almost 315% year-on-year in the same period last year. In June, BYD sold 134,036 new energy vehicles, a year-on-year increase of 162.7%.
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Note: News clips provided do not necessarily reflect the views of coalition or its member governors.