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Governors' Wind Energy Coalition

November 2, 2022

Top Story

The Great US Offshore Wind-Power Boom Has Begun to Falter

By Will Wade, Bloomberg  •    •  Posted 2022-11-02 15:41:44

Plans for massive offshore wind farms that President Joe Biden hopes will power as many as 10 million American homes by 2030 are starting to wobble. On Monday, New Jersey utility Public Service Enterprise Group Inc. said it’s deciding whether to pull out of Ocean Wind 1, a proposed project in the Atlantic Ocean that would generate 1.1 gigawatts — enough for 500,000 homes. Less than two weeks earlier, New England utility Avangrid Inc. said its similarly sized Commonwealth Wind project was no longer viable because of higher costs and supply chain woes.  [ read more … ]

Biden Administration

Biden eyes new oil taxes, attacks ‘windfall of war’

By Carlos Anchondo, Mike Lee, E&E News  •    •  Posted 2022-11-02 15:42:02

President Joe Biden floated the possibility of new taxes on oil companies yesterday, accusing them of war profiteering as consumers struggle nationwide with high gasoline prices. Speaking at the White House while standing next to Energy Secretary Jennifer Granholm and Treasury Secretary Janet Yellen, Biden called on energy companies to boost domestic production and refining capacity, adding, “If they don’t, they’re going to pay a higher tax on their excess profits and face other restrictions.” The president said he will work with Congress to “look at these options that are available to us and others.” [ read more … ]

EPA

Democrats pressure EPA to ease off on chemical regulation

By Kevin Bogardus, E.A. Crunden, E&E News  •    •  Posted 2022-11-02 15:42:49

Prominent Democrats have urged the Biden administration to go easy on certain chemicals and toxics despite the party’s focus on public health and the environment, according to correspondence obtained by E&E News under the Freedom of Information Act. Congressional Republicans are usually skeptical of increased regulation of chemicals, but the letters show members of President Joe Biden’s party have similarly sought a lighter touch from EPA on pesticides and chemicals used in farming. [ read more … ]

EVs

Despite rhetoric, GOP-led states start to embrace EVs

By Andres Picon, E&E News  •    •  Posted 2022-11-02 15:42:23

Republican-led states are pushing ahead with electric vehicle manufacturing and infrastructure, even as their GOP governors and congressional representatives often have resisted the transition to zero-emission vehicles. Federal funding is one reason. Economics is playing a big role, too. [ read more … ]

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