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Governors' Wind Energy Coalition

February 11, 2014

McCarthy Highlights Economic Threats From Inaction On Climate Change

Amanda Palleschi, Inside EPA  •    •  Posted 2014-02-11 06:59:26

She said reducing greenhouse gas emissions needs to be done “without sacrificing our reliable, affordable energy system. And we need to do it with every sensitivity to workers that have brought energy to American families. It’s not just about jobs, it is about communities where those workers live and we need to be sensitive to those issues as we struggle to find the right solutions moving forward,” McCarthy said. [ read more … ]

Senator says Dems erred in promoting cap and trade ahead of renewable standard

Jean Chemnick, E&E reporter  •    •  Posted 2014-02-11 06:59:49

Congressional Democrats should have pushed renewable energy legislation instead of a cap-and-trade bill when they controlled Capitol Hill in President Obama’s first term, a Democratic senator told a Washington, D.C., ballroom packed with labor and environmental advocates today. Sen. Amy Klobuchar of Minnesota lamented that the Democratic-controlled 111th Congress failed to advance a standard requiring utilities to draw a share of their output from renewable sources like wind and solar energy. [ read more … ]

Top Senate Dems call on CFTC to share trader data

Hannah Northey, E&E reporter  •    •  Posted 2014-02-11 07:00:12

Top Senate Democrats are calling on the acting chairman of the Commodity Futures Trading Commission to speed up the sharing of trader information with the Federal Energy Regulatory Commission to prevent energy market manipulation. Energy and Water Development Appropriations Subcommittee Chairwoman Dianne Feinstein (D-Calif.), Energy and Natural Resources Chairman Ron Wyden (D-Ore.) and other top senators called on CFTC acting Chairman Mark Wetjen in a letter last week to share the data in compliance with the Dodd-Frank financial reform law, which was enacted in 2010. [ read more … ]

Early project aims for tax credit with turbine supply agreement

Nick Juliano, E&E reporter  •    •  Posted 2014-02-11 07:00:40

A offshore wind farm being developed off the coast of Rhode Island has qualified for a lucrative federal tax credit by signing a turbine purchase contract. The 30-megawatt Block Island project being developed by Deepwater Wind will use five 6 MW turbines supplied by French manufacturer Alstom, the companies announced today. The purchase should allow Deepwater to qualify for the federal investment tax credit (ITC), which would cover 30 percent of its costs, said Jeffrey Grybowski, the company’s CEO. [ read more … ]

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