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Governors' Wind Energy Coalition

January 24, 2023

Top Story

Biden’s offshore wind plan could create thousands of jobs but challenges remain

By H.J. Mai, NPR  •    •  Posted 2023-01-24 14:34:13

Currently, there are only two offshore wind farms in operation in the U.S. with a combined capacity of 42 megawatts. Several other projects are at various stages of permitting and construction. Getting to 30 GW of offshore wind by the end of this decade will require a construction boom along the U.S. coastlines. And even though there are many projects in the pipeline, the current economic conditions of rising interest rates and high inflation, as well as supply chain constraints present significant challenges that could delay the growth of America’s offshore wind industry.
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Wind Energy

GE’s 2023 profit forecast weighed down by renewable energy business

By Rajesh Kumar Singh in Chicago and Abhijith Ganapavaram in Bengaluru, Reuters  •    •  Posted 2023-01-24 14:36:02

General Electric Co (GE.N) on Tuesday reported better-than-expected quarterly earnings on robust demand for its jet engines and power equipment, but offered a disappointing profit forecast for this year as it struggles with persistent problems at its renewable energy business. The company’s shares were down about 1% at $78.98 in premarket trade. [ read more … ]

Solar Energy

Farmers May Not Have to Choose Between Crops and Solar Panels

By Naoki Nitta, Modern Farmer  •    •  Posted 2023-01-24 14:35:21

A recent study from the University of California, Davis, however, shows how farmers may soon be able to harvest crops and energy together, on common ground. Researchers concluded that bands within the visible light spectrum can be filtered and harnessed separately—blue light waves to generate solar power and red light waves to grow fruits and vegetables—to make maximum use of farmland, all while lowering heat stress and reducing crop waste.
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Inflation Reduction Act

Biden’s Green Subsidies Are Attracting Billions of Dollars to Red States

By Phred Dvorak, Wall Street Journal  •    •  Posted 2023-01-24 14:34:54

Republican-leaning states are attracting most of the clean-energy investments spurred by the Biden administration’s signature Inflation Reduction Act, a bill that passed the U.S. Congress without any Republican votes.  [ read more … ]

Congress

Republicans insist they have a climate plan

By Emma Dumain, E&E News  •    •  Posted 2023-01-24 14:34:33

The centerpiece of the broad legislative package will be an overhaul of the nation’s energy project permitting system which will at its core take aim at the National Environmental Policy Act — a bedrock environmental protection law sacrosanct to many Democrats. “When we produce in America, there is plenty of data that shows it’s the cleanest option … if you want to reduce global emissions, we should be leading all the way on natural gas, both producing it here and exporting it abroad,” said a House GOP leadership aide familiar with the party’s climate strategy. [ read more … ]

Fact-checking 3 claims about the GOP oil bill and White House response

By Maxine Joselow, Washington Post  •    •  Posted 2023-01-24 14:35:38

While the bill is not expected to become law, it is fueling a fierce messaging battle, with GOP lawmakers and the White House trading barbs over gasoline prices and the direction of U.S. energy policy. The Strategic Production Response Act, which was introduced by House Energy and Commerce Committee Chair Cathy McMorris Rodgers (R-Wash.), would bar the Energy Department from tapping the Strategic Petroleum Reserve unless it develops a plan to increase oil and gas leasing on public lands and waters. [ read more … ]

EVs

Revealed: how US transition to electric cars threatens environmental havoc

By Nina Lakhani, The Guardian  •    •  Posted 2023-01-24 14:36:23

The US’s transition to electric vehicles could require three times as much lithium as is currently produced for the entire global market, causing needless water shortages, Indigenous land grabs, and ecosystem destruction inside and outside its borders, new research finds. It warns that unless the US’s dependence on cars in towns and cities falls drastically, the transition to lithium battery-powered electric vehicles by 2050 will deepen global environmental and social inequalities linked to mining – and may even jeopardize the 1.5C global heating target. [ read more … ]

 

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