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Governors' Wind Energy Coalition

December 1, 2015

Wind, solar credits tied up in extenders tussle

Geof Koss, E&E reporter  •    •  Posted 2015-12-01 06:51:42

The fate of key renewable energy tax credits remains up in the air, as House and Senate leaders continue negotiations on an extenders package they hope to pass before the end of the year. Aides and lobbyists said yesterday that multiyear extensions of the production tax credit of 2.3 cents per kilowatt-hour and the 30 percent investment tax credit remain under discussion, although the duration of the extensions is tied up in broader conversations over making some of the dozens of expired credits permanent. House Majority Leader Kevin McCarthy (R-Calif.) told reporters yesterday that discussions continue but predicted a deal would be struck. [ read more … ]

Obama threatens to veto sweeping House bill

Hannah Northey and Hannah Hess, E&E reporters  •    •  Posted 2015-12-01 06:52:01

The White House yesterday threatened to veto the lower chamber’s comprehensive energy bill, warning that the language would undermine ongoing environmental reviews of critical energy infrastructure and stifle efforts to expand efficiency. The House energy package, H.R. 8, would ax critical mandates needed to wean federal buildings off of fossil fuels by 2030, unnecessarily tinker with complex energy markets, and undermine the current federal review process for gas pipelines and hydropower projects, the White House said. [ read more … ]

A Path for Climate Change, Beyond Paris

By JUSTIN GILLIS, New York Times  •    •  Posted 2015-12-01 06:52:28

But many political leaders gathering there — including governors, mayors, and provincial cabinet secretaries — are pushing for more aggressive cuts. By the dozen, they are signing a voluntary agreement committing their jurisdictions to faster and deeper reductions in emissions of greenhouse gases than their national governments have promised. “We are not moving fast enough,” Gov. Jerry Brown of California, who is helping to lead the effort, said in an interview. “We’ve got to do more.” All of which raises a provocative question: What would a truly ambitious plan to tackle climate change look like? [ read more … ]

Foreign firms show continued interest in U.S. wind projects

Daniel Cusick, E&E reporter  •    •  Posted 2015-12-01 06:52:50

A large Texas wind farm will come under Greek ownership under terms announced by the project’s primary developer, while an existing wind project in Minnesota will shift ownership from one Qatari firm to another, pending approval by U.S. regulators. The 380-megawatt Fluvanna Wind Energy Project, to be built in Scurry County, Texas, about 70 miles south of Lubbock, gained new financial security as developer Tri Global Energy LLC announced it had sold the project to Terna Energy SA of Athens, Greece, for an undisclosed sum. [ read more … ]

Wind, Solar Power to Supply More Energy Than Shale, Goldman Says

By Chris Martin, Bloomberg  •    •  Posted 2015-12-01 06:53:14

New wind turbines and solar panels worldwide will provide more energy over the next five years than U.S. shale-oil production has over the past five, according to Goldman Sachs Group Inc. The leading renewable-energy technologies will add the equivalent of 6.2 million barrels of oil a day to the global energy mix, exceeding the 5.7 million barrels a day pumped from U.S. shale oil wells since 2010, analysts including Brian Lee and Jaakko Kooroshy said in a research report Monday. [ read more … ]

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