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Governors' Wind Energy Coalition

December 14, 2015

Make or break time on spending, taxes

Geof Koss and Hannah Northey, E&E reporters  •    •  Posted 2015-12-14 06:19:52

Capitol Hill could learn as early as today whether lawmakers can seal a blockbuster end-of-year spending and tax agreement that would end the ban on crude oil exports and extend key renewable energy tax breaks. According to one lobbyist, an export deal included in a broader tax package would extend the PTC and ITC for five years, with the ITC qualification terms being adjusted to allow facilities to qualify when construction commences. [ read more … ]

U.S. Oil Export Ban ‘Very Likely’ to Be Lifted in Spending Bill: Source

By Timothy Gardner and Susan Cornwell, Reuters  •    •  Posted 2015-12-14 04:44:30

The 40-year-old ban on most U.S. crude oil exports will “very likely” be lifted in the government spending bill, and talks on the final budget deal are likely to continue through the weekend, a Senate aide said on Friday. The White House has said repeatedly that President Barack Obama opposes legislation in the bill to lift the ban and that Congress should instead work to help green sources of energy. It has stopped short of saying Obama would veto a spending bill that includes lifting the ban.
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A Signal to Industry to Go Green in an Era of Carbon Reduction

By CLIFFORD KRAUSS and KEITH BRADSHER, New York Times  •    •  Posted 2015-12-14 04:43:27

With the ink barely dry on a landmark climate accord, nations now face an even more daunting challenge: how to get their industries to go along. If nothing else, analysts and experts say, the accord is a signal to businesses and investors that the era of carbon reduction has arrived. It will spur banks and investment funds to shift their loan and stock portfolios from coal and oil to the growing industries of renewable energy like wind and solar. [ read more … ]

Nations Approve Landmark Climate Accord in Paris

By CORAL DAVENPORT, New York Times  •    •  Posted 2015-12-14 04:43:50

But the Paris deal could represent the moment at which, because of a shift in global economic policy, the inexorable rise in planet-warming carbon emissions that started during the Industrial Revolution began to level out and eventually decline. At the same time, the deal could be viewed as a signal to global financial and energy markets, triggering a fundamental shift away from investment in coal, oil and gas as primary energy sources toward zero-carbon energy sources like wind, solar and nuclear power. [ read more … ]

Iowa’s ‘pragmatic politician’ Branstad is about to break 211-year-old record

By Robynn Tysver, Omaha World-Herald staff writer  •    •  Posted 2015-12-14 04:44:50

Terry Branstad, the humble Iowa governor whose sole piece of political flash is his Tom Selleck-size mustache, is about to whip the historical footnotes off a Revolutionary War hero. Branstad will become the longest-serving governor in U.S. history on Monday, besting a record that has stood since 1804. It is a record Branstad and others expect will last for some time to come. [ read more … ]

Midwest grid operator OKs $2.75B in new lines

Rod Kuckro, E&E reporter  •    •  Posted 2015-12-14 04:45:12

“As our region grapples with the Clean Power Plan and a shifting generation portfolio, MISO’s transmission planning efforts are even more important,” Bear said. “Ensuring a robust transmission system will allow us to meet these challenges in a way that protects reliability.” [ read more … ]

Texas Scientist Aims to Revolutionize Electricity Grid

By Jim Malewitz, The Texas Tribune  •    •  Posted 2015-12-14 04:45:33

Texas already churns out more wind energy than any other state, and its solar power sector is rapidly growing — in some cases, pushing high-polluting coal plants out of the market. Those trends will need to continue if the fast-growing state plans to meet its carbon-cutting goal under President Obama’s Clean Power Plan. But quickly adding large amounts of renewable energy to the grid carries challenges, particularly since the sun doesn’t always shine and the wind doesn’t always blow. [ read more … ]

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