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Governors' Wind Energy Coalition

December 20, 2022

Top Story

Clean Energy Quest Pits Google Against Utilities

By Peter Eavis, New York Times  •    •  Posted 2022-12-20 14:22:38

At the heart of their campaign, Google and its tech giant allies want to dismantle a decades-old regulatory system in the Southeast that allows a handful of utilities to generate and sell the region’s electricity — and replace it with a market in which many companies can compete to do so. Such markets exist in some form in much of the country, but the Southeastern utilities are staunchly defending the status quo. Senior utility executives contend that their system better insulates consumers from spikes in prices of commodities like natural gas, promotes reliability and supports the long-term investments needed to develop clean-power technologies. [ read more … ]

States

Oregon bans sales of new gas-powered passenger cars by 2035

By Associated Press  •    •  Posted 2022-12-20 14:21:26

Policymakers for the Oregon Department of Environmental Quality on Monday approved a rule that prohibits the sale of new gasoline-powered passenger vehicles in Oregon by 2035. The effort comes as Oregon plans to cut climate-warming emissions by 50% by 2035 and by 90% by 2050, The Oregonian/OregonLive reported. The transportation sector accounts for nearly 40% of greenhouse gas emissions in Oregon. The rule is based on vehicle emission standards California adopted in August. The standards require car manufacturers to sell a certain percentage of zero-emission vehicles — electric cars, plug-in hybrid electric vehicles and hydrogen fuel cell vehicles — as part of their total sales, starting with 35% in 2026 and increasing to 100% by 2035. [ read more … ]

California approves roadmap for carbon neutrality by 2045

By Sophie Austin, Associated Press  •    •  Posted 2022-12-20 14:23:41

California air regulators voted unanimously Thursday to approve an ambitious plan to drastically cut reliance on fossil fuels by changing practices in the energy, transportation and agriculture sectors, but critics say it doesn’t go far enough to combat climate change. The plan sets out to achieve so-called carbon neutrality by 2045, meaning the state will remove as many carbon emissions from the atmosphere as it emits. It aims to do so in part by reducing fossil fuel demand by 86% within that time frame. [ read more … ]

N.Y. adopts cap and trade as a pillar of climate action

By Benjamin Storrow, E&E News  •    •  Posted 2022-12-20 14:25:27

Sales of gasoline powered cars would be banned in 2035, natural gas hookups in new homes would be prohibited starting in 2025 and a statewide cap and trade program would be implemented by the end of the decade under the recommendations approved by a New York climate committee Monday. The plan finalized by the Climate Action Council was a step forward in meeting the ambitious emissions targets established by a landmark state law in 2019. The Climate Leadership and Community Protection Act created the council to map out how the state would cut emissions 40 percent of 1990 levels by 2030 and achieve carbon neutrality by 2050. [ read more … ]

Congress

Heading Into 2023, the Inflation Reduction Act Is Bringing ‘a Lot of Confidence’ to the Renewables Industry

By Julia Martinez, Morning Consult  •    •  Posted 2022-12-20 14:25:51

The passage of the Inflation Reduction Act marked the largest federal climate investment to date, with more than $370 billion set aside to spark domestic manufacturing of clean energy and to lower greenhouse gas emissions through a variety of tax incentives.  The legislation has already invited an influx of clean energy commitments, and 2023 is set to see more investment as companies familiarize themselves with the available credits and as they await tax code guidelines from the White House, which are expected early next year.  [ read more … ]

Lawmakers release $1.7T omnibus spending bill

By Jeremy Dillon, Emma Dumain, Nico Portuondo, Manuel Quiñones, E&E News  •    •  Posted 2022-12-20 14:25:00

In total, the bill would fund the government at $1.7 trillion for fiscal 2023. More than half of that spending is directed toward defense at $858 billion, which represents a 10 percent increase from last year, matching the recently approved National Defense Authorization Act. The rest — $772.5 billion — is reserved for domestic spending, a 5.5 percent hike from last year’s enacted numbers, giving EPA and the Energy and Interior departments fresh dollars before Republicans take over the House in January. [ read more … ]

EPA

E.P.A. Tightens Rules on Pollution From Vans, Buses and Trucks

By Lisa Friedman, New York Times  •    •  Posted 2022-12-20 14:23:08

The Biden administration on Tuesday strengthened limits on smog-forming pollution from buses, delivery vans, tractor-trailers and other trucks, the first time in more than 20 years that tailpipe standards have been tightened for heavy-duty vehicles. The new rule from the Environmental Protection Agency is designed to cut nitrogen oxide from the vehicles by 48 percent by 2045. Nitrogen dioxide is a poisonous gas that has been linked to cardiovascular problems and respiratory ailments like asthma. The rule will require manufacturers to cut the pollutant from their vehicles starting with the model year 2027. [ read more … ]

Pollution

U.S. Energy Emissions Set to Rise for Second Straight Year

By Benjamin Storrow, E&E News  •    •  Posted 2022-12-20 14:23:28

U.S. carbon dioxide emissions are set to rise for the second consecutive year, underscoring the challenges facing President Joe Biden as his administration works to curb the country’s output of greenhouse gases. American emissions from energy this year are projected to increase 1.5 percent over 2021 levels, according to recent projections from the U.S. Energy Information Administration. That followed a 7 percent increase in 2021 over 2020 levels. [ read more … ]

Gas for coal? Debate rages on as electric companies invest.

By Jeffrey Tomich, E&E News  •    •  Posted 2022-12-20 14:24:37

Some of the largest coal-burning power plants in the nation are being fast-tracked for retirement and replaced in part by cheaper, cleaner renewable energy — a trend that should accelerate following enactment of landmark federal climate legislation. But in saying goodbye to coal, utilities like DTE Energy Co. and AES Corp. are proposing new fossil fuel investments they insist are essential for reliability at a time when electric generation is increasingly dependent on weather. [ read more … ]

Congress

Heading Into 2023, the Inflation Reduction Act Is Bringing ‘a Lot of Confidence’ to the Renewables Industry

By Julia Martinez, Morning Consult  •    •  Posted 2022-12-20 14:25:51

The passage of the Inflation Reduction Act marked the largest federal climate investment to date, with more than $370 billion set aside to spark domestic manufacturing of clean energy and to lower greenhouse gas emissions through a variety of tax incentives.  The legislation has already invited an influx of clean energy commitments, and 2023 is set to see more investment as companies familiarize themselves with the available credits and as they await tax code guidelines from the White House, which are expected early next year.  [ read more … ]

Lawmakers release $1.7T omnibus spending bill

By Jeremy Dillon, Emma Dumain, Nico Portuondo, Manuel Quiñones, E&E News  •    •  Posted 2022-12-20 14:25:00

In total, the bill would fund the government at $1.7 trillion for fiscal 2023. More than half of that spending is directed toward defense at $858 billion, which represents a 10 percent increase from last year, matching the recently approved National Defense Authorization Act. The rest — $772.5 billion — is reserved for domestic spending, a 5.5 percent hike from last year’s enacted numbers, giving EPA and the Energy and Interior departments fresh dollars before Republicans take over the House in January. [ read more … ]

EVs

U.S. Delays Key Step for EV Subsidy Program After Foreign Pushback

By Yuka Hayashi and Andrew Duehren, Wall Street Journal  •    •  Posted 2022-12-20 14:21:45

The Biden administration on Monday delayed proposing detailed rules for new tax incentives for electric vehicles, following strong pushback from European and Asian allies that the subsidy program discriminated against their companies.  The department said, however, it will release “information on the anticipated direction” of the battery requirements before year-end to help manufacturers prepare to identify vehicles eligible for the tax credit. It didn’t specify what information would be made available then. 
[ read more … ]

Electric Vehicle Charging Investment Approaches the $100 Billion Mark

By Ryan Fisher, Bloomberg  •    •  Posted 2022-12-20 14:24:04

Cumulative investment globally probably will pass the $100 billion mark in 2023 if China keeps up its relentless pace. It’s a milestone that hints at the transition to a new phase of the EV charging sector lifecycle. As Jigar Shah at the US Loans Program puts it, $100 billion of deployed capital indicates an ability to address systemic industry challenges and opens up access to low-cost capital that’s required to ultimately reach $1 trillion scale. [ read more … ]

 

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