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Governors' Wind Energy Coalition

August 4, 2022

Top Story

Why utilities are lining up behind the climate bill

By Benjamin Storrow, E&E News  •    •  Posted 2022-08-04 15:07:14

A growing number of power companies are lining up in support of the largest climate bill in American history, arguing its array of tax credits will speed the deployment of clean electricity and lower the cost of the energy transition. The support provides a political boost to the “Inflation Reduction Act” as Democrats seek to shepherd the bill through a narrowly divided Congress. It also highlights how Democratic lawmakers have shifted their approach to win support for the legislation. While the proposal would dole out billions of dollars in subsidies for technologies ranging from wind and solar to carbon capture and sequestration, Democrats have dropped the penalties they previously considered for utilities that do not clean up their businesses. [ read more … ]

Wind Energy

In Texas, wind energy is a topic dominating online debates. So what should you believe?

By Shelby Webb, Houston Chronicle  •    •  Posted 2022-08-04 15:05:21

And though ERCOT and other officials have long known that wind is a weaker resource in the summer, power officials plan for that in their energy needs forecasts. Jones, in a July interview with the Chronicle, admitted that wind generation is not the enemy. “Bringing them in is an extraordinary value for Texas and for ERCOT. Texans get lower prices and ERCOT gets very reliable generation most of the time. We can predict it. We have real good sense of what it is going to do every day,” he said. “Sometimes it just has a bad day.” [ read more … ]

Reconciliation Bill

Sinema eyes changes to tax, climate portions of reconciliation bill

By Alayna Treene, Axios  •    •  Posted 2022-08-04 15:05:08

Sen. Kyrsten Sinema (D-Ariz.) is eyeing changes to Democrats’ $740 billion reconciliation bill — specifically increasing climate funding and restructuring the tax provisions — as the Senate moves rapidly toward final passage before the August recess, Axios has learned. Sinema is looking at significantly beefing up the reconciliation bill’s funding for droughts and water security in the Southwest. She views the current $369 billion climate and energy portion of the bill as insufficient for addressing threat resiliency funding. On taxes, Sinema has concerns with the structure of the 15% corporate minimum “book tax” and whether the burden could get passed down to employees, the sources said.
[ read more … ]

Manchin permitting deal could handcuff courts

By Niina H. Farah, E&E News  •    •  Posted 2022-08-04 15:05:55

A new deal between the White House and West Virginia Democratic Sen. Joe Manchin to revamp federal permitting includes reform measures that could slow down the court system or result in more favorable rulings for pipeline developers, legal observers say. The Senate Energy and Natural Resources Committee chair said this week that President Joe Biden, as well as Senate Majority Leader Chuck Schumer (D-N.Y.) and House Speaker Nancy Pelosi (D-Calif.), had agreed to a draft framework to speed up approvals for federal projects, in exchange for Manchin’s support of a landmark spending bill to fund climate and clean energy initiatives. [ read more … ]

‘It’s very bad’: GOP hones climate attacks before elections

By Scott Waldman, E&E News  •    •  Posted 2022-08-04 15:06:12

Republicans are sharpening their attacks on the Democrats’ climate policy as the country races toward midterm elections in less than 100 days. In public comments and private conversations, Republican lawmakers and strategists appear to be settling on a climate and energy message that they’ll use leading up to the November elections. They are framing policies to reduce emissions as the cause of high gasoline prices, a driver of inflation and a form of taxation on working Americans.
[ read more … ]

States

Florida Power & Light operates an exclusive, invite-only lounge for lawmakers and lobbyists

By MATT DIXON and BRUCE RITCHIE, Politico  •    •  Posted 2022-08-04 15:04:38

Over the past few months, a series of leaked documents have revealed how FPL influences both the political and media landscapes. Reporting led by the Miami Herald, Orlando Sentinel and Floodlight have shown how consultants that work closely with Florida Power & Light used shadow groups and waves of money to influence both state and local elections. The company also took a controlling stake in an online news site that it used to help boost its priorities and bash political opponents. In at least one case, the energy company had a private investigator follow a Florida Times-Union reporter who had written several articles framing FPL parent company NextEra Energy’s attempt to buy a local community-owned utility in an unfavorable light. [ read more … ]

Markets

Top House Democrat probes oil company earnings

By Mike Lee, E&E News  •    •  Posted 2022-08-04 15:07:32

House Energy and Commerce Chair Frank Pallone demanded information yesterday about record profits from some of the biggest U.S. oil producers as the head of the United Nations slammed what he called the industry’s “grotesque greed,” adding to the political fallout from one of Big Oil’s best-ever financial quarters. Pallone (D-N.J.) sent letters to the chief executives of Exxon Mobil Corp., Chevron Corp., Shell PLC and BP PLC, saying his committee is investigating “what oil companies could and should be doing to bring down gas prices.” [ read more … ]

EVs

Phil Scott becomes nation’s first governor to travel primarily in all-electric vehicle

By Jack Thurston, New England Cable News Reporter  •    •  Posted 2022-08-04 15:05:38

The governor of Vermont believes he’s the nation’s first governor to travel primarily in an all-electric vehicle. Phil Scott, a Republican, said he hopes the move sends a message that the future of automobile transportation is electric — as a way to cut carbon and address climate change. “I hope this sends the message that we walk the talk,” Gov. Scott said Wednesday, as he joined the Vermont State Police Executive Protection Unit in picking up a new Ford F-150 Lightning from Twin State Ford in St. Johnsbury. [ read more … ]

 

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