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Governors' Wind Energy Coalition

October 2, 2013

IRS to explain tax credit guidance at oversight hearing today

Nick Juliano, E&E reporter  •    •  Posted 2013-10-02 06:50:46

“With the federal government currently at a standstill over budget negotiations, it is imperative for Congress to continue to root out and address wasteful spending of taxpayer dollars,” the House Oversight and Government Reform Subcommittee on Energy Policy, Health Care and Entitlements said in a release on the upcoming hearing. “Last year’s one-year PTC extension, which was passed as part of the debt crisis negotiations and cost taxpayers $10 billion, is exemplary of the type of program which requires careful assessment and review before it is extended again.” [ read more … ]

OVERNIGHT ENERGY: Shutdown can’t stop wind tax credit attacks

By Ben Geman – 10/01/13 05:21 PM ET, The Hill.com  •    •  Posted 2013-10-02 05:42:38

House Republicans will take aim at wind energy tax credits at a House Oversight and Government Reform Committee hearing. And they’re using the government shutdown as ammunition for political attacks.
“With the federal government currently at a standstill over budget negotiations, it is imperative for Congress to continue to root out and address wasteful spending of taxpayer dollars,” states an advisory for the Wednesday hearing on the production tax credit. [ read more … ]

With Binz’s withdrawal, rumors surface that Obama will look for a less controversial choice to head FERC

Hannah Northey, E&E reporter  •    •  Posted 2013-10-02 06:51:30

A flurry of potential candidates to replace President Obama’s fallen nominee to lead the Federal Energy Regulatory Commission are surfacing, but exactly when the White House will choose another candidate to push through a gridlocked Congress remains unclear. The front-runner is said to be Colette Honorable, chairwoman of the Arkansas Public Service Commission, who will soon take the helm of the National Association of Regulatory Utility Commissioners, according to one Democratic Senate aide. [ read more … ]

Binz ends troubled FERC bid, blasts critics for engaging in ‘blood sport’

Hannah Northey, E&E reporter  •    •  Posted 2013-10-02 06:51:49

President Obama’s pick to lead the Federal Energy Regulatory Commission has asked that his name be yanked from consideration, citing a deadlocked Senate panel and stiff opposition from right-wing groups that turned the confirmation process into a “blood sport.” “I think it’s a cautionary tale because you don’t want agencies like the FERC to be subjected to this kind of political blood sport, which is what it became,” Ron Binz said during an interview today. “There was a very large coalition of right-wing groups who coalesced to oppose me.” [ read more … ]

Steyer joins with Bloomberg, Paulson in ‘Risky Business’ alliance

Elana Schor, E&E reporter  •    •  Posted 2013-10-02 06:52:06

Wealthy climate activist Tom Steyer, best known for his campaign-trail fight against the Keystone XL oil pipeline, today took a bipartisan turn in a new alliance with New York City Mayor Michael Bloomberg and former GOP Treasury Secretary Hank Paulson that focuses on the economic risks of climate change. The trio’s project, dubbed “Risky Business,” aims to harness the data-driven expertise of industries that are poised to take a financial hit from — and, in some cases, already are planning for — unchecked global warming. Yet whether the heavy hitters attached to the new study can make a dent in Washington’s current climate policy impasse, and whether Steyer’s affinity for political combat over energy issues steals attention from the effort, remains unclear. [ read more … ]

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