Congress
In its yearly Wall Street briefing, the Edison Electric Institute stressed the importance of extending federal tax credits for renewable resources.
Tikilucas, CC BY-SA 4.0, via Wikimedia Commons
Joe Manchin not only supports the Biden administration's clean hydrogen programs but also wonders why there is no tax credit to support production of the fuel.
Tax credits in the Build Back Better Act could increase carbon capture capacity 13-fold while taking 290 million tons of carbon out of the atmosphere per year.
U.S. carbon emissions were up last year, but EPRI executives were optimistic about the country’s ability to cut its greenhouse gas emissions 50% by 2030.
While the Build Back Better Act was knocked off the front pages by the resurgence of COVID-19, the bill will likely reclaim attention this month.
Speakers and attendees of SEIA's 30x30 Policy Forum were optimistic that the Senate would pass the Build Back Better Act.
The widespread adoption of green hydrogen will depend
on construction of “ecosystems” that span sectors
and geographic boundaries, industry supporters say.
The U.S. House passed the Build Back Better bill, the $1.75-trillion budget reconciliation package that is key to advancing President Biden’s climate agenda.
David Maiolo, CC BY-SA-3.0, via Wikimedia
The House of Representatives’ passage of the bipartisan Infrastructure Investment and Jobs Act quickly set off a chorus of praise from clean energy groups.
President Biden rolled out a new framework for a whittled-down budget reconciliation package that includes $555 billion in clean energy funding.
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