GOLDEN CRESCENT AND 1000 ISLAND NEWS

  Republicans are preparing to tear up America’s clean energy tax credits as part of their budget reconciliation megabill. Hollowing out those policies will have sweeping implications for the country’s energy system — it could set back solar, nuclear, and geothermal development; bring less electricity supply onto the grid; and devastate the country’s fledgling electric vehicle supply chain. A new report — written by our own Jesse Jenkins — is all about the real-life consequences of killing the tax credits. On this week’s episode of Shift Key,  Jesse shares the forthcoming analysis of the bill from Princeton University’s REPEAT Project.  Rob and Jesse discuss what best-in-class modeling tells us the bill will mean for carbon emissions, the energy economy, the power grid, and consumer energy costs. Shift Key is hosted by Jesse Jenkins, a professor of energy systems engineering at Princeton University, and Robinson Meyer, Heatmap’s executive editor. Subscribe to “Shift Key” ...

  Legislation with massive implications for clean energy in the US has been making progress in Congress. The Republican party’s “big beautiful bill”, introducing sweeping changes to taxes and government spending, would phase out most of the tax credits for low-carbon energy that were created, expanded or extended in the Inflation Reduction Act (IRA) of 2022.   [They were created decades before; only expanded in 2022] To unpack the proposals and examine what they might mean for the US and the world, host Ed Crooks is joined by some of the Energy Gang’s top policy wonks: Amy Myers-Jaffe, Director of NYU’s Energy, Climate Justice, and Sustainability Lab Robbie Orvis, Senior Director for Modelling and Analysis at the thinktank Energy Innovation Ray Long, President and Chief Executive of the American Council on Renewable Energy They discuss whether the phaseout of tax credits for wind, solar and storage will deter the development of renewable energy. The credits have created a whol...

  Trump’s tax bill passed the House early Thursday morning, after a marathon session in the Rules Committee that began early Wednesday morning and stretched late into the night. The final floor vote came down to the slimmest of margins, 215 yeas to 214 nays, with House Freedom Caucus Chair Andy Harris voting “present.” The clean energy tax credits, already on life support, barely made it out alive. The text that now heads to the Senate retains many of the  provisions  that came out of the Ways and Means Committee last week, but would terminate some of the tax credits even more rapidly to appease Republican  hardliners . It still eliminates the electric vehicle tax credits after this year, except for vehicles produced by automakers that have sold fewer than 200,000 tax credit-qualified cars, which will be eligible for one additional year. It still terminates tax credits for residential energy efficiency, rooftop solar, and new, energy-efficient homes. And it still end...

  Axelson and Dee May 2025 Best To Say No To BESS SCOTT AXELSON MICHAEL DEE  MAY 10, 2025 JAMESTOWN NY POST JOURNAL https://www.post-journal.com/opinion/local-commentaries/2025/05/axelson-and-dee-april-2025-best-to-say-no-to-bess/ Given the amount of information available from around the world proving how economically destructive Wind/Solar/BESS energy is – it seems a bit self-defeating that NYS still pushes it. NYS politicians and citizens are either ignorant of the economics, or they don’t care because they have other personal interests in mind. Wind and Solar are absolutely unreliable power sources, so BESS (Battery Energy Storage Systems) must be added to the grid – at great expense – as backup for all-to-common periods of low wind and solar generation. BESS just adds to the already extreme cost of wind and solar based power. Contrary to the Green narrative, Wind/Solar/BESS are not sustainable. The infrastructure has a lifetime of only 10-20 years, at which time it must be...

  May 12, 2025 at 10:10 AM EDT   US House Republicans plan to help pay for an extension of President Donald Trump's tax cuts by rescinding unused funds from scores of programs and grants in former President Joe Biden's Inflation Reduction Act.   The Republican plan would revoke unused funds from over a dozen divisions within the Energy Department, including the Office of Minority Economic Impact and the Office of Energy Efficiency and Renewable Energy.     The bill would also repeal auto pollution and fuel economy standards finalized by the Biden administration last year, delay methane emissions fees, and include provisions to shore up the Strategic Petroleum Reserve and facilitate liquefied natural gas exports.   US House Republicans plan to help pay for an extension of President Donald Trump’s massive tax cuts by clawing back unused funds from scores of programs and grants in his predecessor’s signature climate law. Billions of dollars allocated under for...

  May 12, 2025  9:13 PM   Summary House plans to phase out clean energy tax credits Proposal targets Biden's Inflation Reduction Act climate measures Environmental groups criticize cuts to clean energy investments   WASHINGTON, May 12 (Reuters) - U.S. House lawmakers laid out plans on Monday to phase out clean energy tax credits, slash spending on electric vehicles and renewable energy, and claw back other climate-related funds as part of the Republicans' attempt to pass a multi-trillion-dollar budget in line with President Donald Trump's agenda.   The House Committee on Energy and Commerce laid out a proposal, which will be voted on on Tuesday, that would raise $6.5 billion from the repeal of climate-related parts of the Biden administration's massive Inflation Reduction Act legislation.   The House Ways and Means panel, meanwhile, proposed the phase-out or cancellation of several lucrative tax credits from former President Joe Biden's signature climate la...

  The party’s signature tax plan would kill most Biden-era incentives, but there’s a sticking point: G.O.P. districts have the most to lose.   By  Brad Plumer  and  Harry Stevens   May 13, 2025 A wind turbine in Carbon County, Wyoming . Sprawling wind farms in Wyoming. A huge solar factory expansion in Georgia. Lithium mines in Nevada. Vacuums that suck carbon from the air in Louisiana. Over the past three years, companies have made plans to invest more than $843 billion across the United States in projects aimed at reducing planet-warming emissions, driven by lucrative tax credits for clean energy provided by the 2022 Inflation Reduction Act. But only about $321 billion of that money has actually been spent, with many projects still on the drawing board, according to  data made public on Tuesday  by the Clean Investment Monitor, a joint project of the Rhodium Group and the Massachusetts Institute of Technology. Now, much of the rest, about $522 b...