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Governors' Wind Energy Coalition

June 29, 2015

Rush is on to invest in solar and wind ahead of tax credit’s end 

Saqib Rahim, E&E reporter  •    •  Posted 2015-06-29 06:44:03

Solar and wind firms know well that a favorite federal tax incentive could expire at the end of 2016. Instead of waiting to see if it happens, they’re investing now. Companies are rushing to build solar and wind projects before 2017, when the federal investment tax credit for renewable energy is chopped from 30 to 10 percent, renewables financiers said at a conference this week. The question is whether this sets up a cliff in investment for 2017, or more of a slope. That was a subject of debate at the Renewable Energy Financing Forum here. [ read more … ]

House Appropriators Seek Deep Cuts to Environmental, Farm and Renewable Energy Programs

By Jessie Stolark, EESI  •    •  Posted 2015-06-29 06:44:38

Appropriations have become a warzone in recent years for environmental measures – seeking cuts to the federal government’s ability to conduct programs related to climate change or renewable energy, including climate change monitoring, lowering greenhouse gas emissions, energy efficiency measures and renewable energy technologies. [ read more … ]

Gates to invest $2B in clean energy, rejects fossil fuel divestment 

Katherine Ling, E&E reporter  •    •  Posted 2015-06-29 06:44:58

As co-chairman of the American Energy Innovation Council, Gates and several other prominent CEOs called on the U.S. government to roughly triple the R&D budget to ensure future economic competitiveness, national security and environmental protection, compared with the current $5 billion annual investment that is about half of what the nation spends on potato chips and tortilla chips [ read more … ]

With ’15 energy plan, N.Y. bids to become cleanest energy state in U.S. 

Colin Sullivan, E&E reporter  •    •  Posted 2015-06-29 06:45:19

New York made a bold declaration about clean energy yesterday with a state energy plan that promises a host of policy efforts aimed at scrubbing the state of fossil fuels and advancing a future heavy on distributed generation and renewable energy. The much-anticipated document from Gov. Andrew Cuomo (D) lays out targets under the state’s fast-moving “reforming the energy vision” (REV) for electricity and complementary programs for other areas. Taken together, the promised targets under those programs listed in the document would cut greenhouse gas emissions by 80 percent by 2050. [ read more … ]

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