Stay updated with breaking news from டோம் குன். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Governors Wind Energy Coalition Biden’s Big Infrastructure Plan Would Further Boost Renewable Energy Source: By Russell Gold, Wall Street Journal • Posted: Thursday, April 1, 2021 The president’s proposal to address climate change would extend wind and solar tax credits another decade, and create new incentives for transmission lines Transmission lines have proven notoriously difficult to build amid opposition from landowners. Photo: Justin Sullivan/Getty Images President Biden’s $2.3 trillion infrastructure plan would supercharge an already booming clean-power sector by expanding subsidies and addressing key bottlenecks impeding the shift to a greener grid. The plan, unveiled Wednesday, calls for the creation of a new tax credit to support the construction of high-voltage transmission lines, a major roadblock for the build-out of renewable energy. ....
Advertisement The backbone of President Biden s plan to use infrastructure spending to advance climate policy is a clean electricity standard for the power sector that has the potential to be the most aggressive ever enacted by the federal government. Tucked into his $2.3 trillion infrastructure proposal is the aim of achieving 100 percent carbon-free electricity by 2035, according to a fact sheet released yesterday by the White House. If we act now, in 50 years people are going to look back and say: This was the moment that America won the future, Biden said during a rollout of the proposal in Pittsburgh. While details are vague about how the energy efficiency and clean electricity standard would be enacted, it remains at minimum a significant symbolic milestone in the U.S. push to reduce greenhouse gas emissions. ....
Follow Us We are first in your inbox with the most important news in the industry―keeping you smarter and one-step ahead in this ever-changing and competitive market.Start your free subscription Power Infrastructure Prominent in Biden’s $2.25 Trillion Blueprint A major chunk of President Joe Biden’s $2.25 trillion transformational plan to overhaul the nation’s infrastructure is dedicated to re-energizing America’s power infrastructure. The initiatives garnered the industry’s approval with notable exceptions. The “American Jobs Plan,” released on March 31, strives to jumpstart the U.S. economy, which drooped under burdens posed by the COVID-19 pandemic. But according to senior administration officials, forward-looking initiatives unveiled on Wednesday are also “about focusing on how can we make a historic capital investment in America to improve our competitiveness, create millions of jobs, rebuild our infrastructure, and position our economy ....
Daily on Energy: Biden tries to get utility industry on board with clean power agenda Print this article Subscribe today to the Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what s going on in Washington. SUBSCRIBE NOW: Just $1.00 an issue! ADMINISTRATION WORKS ON UTILITIES: The Biden administration is taking its first shot today at persuading the utility industry to back its proposal to establish a clean electricity standard requiring 100% clean power by 2035, a key initiative that ties together its massive green infrastructure plan. President Gina McCarthy and her deputy ....
White House climate adviser Gina McCarthy said Thursday that the Biden administration is not ready to "close" the door on a carbon tax as part of its $2 trillion green infrastructure spending proposal. But McCarthy emphasized that President Joe Biden prefers a different approach as one of his main mechanisms to eliminate carbon emissions from electricity. ....