Rendering: FREYR More than $14 billion in US renewable and EV investments and 10,000 new jobs have been scrapped or put on hold since January, according to a new analysis from E2 and the Clean Economy Tracker. The reason: growing fears that the Republican-majority Congress will pull the plug on federal clean energy tax credits. … Continue reading “$14B in EV, renewable projects scrapped as tax credit fears grow”
This text comes from Canary Media’s Weekly newsletter. Subscribe to get it in your inbox each week. Under the Biden administration, the U.S. Energy Department’s Loan Programs Office became a powerful force for funding clean energy projects, including factories. A Ford EV battery plant in Tennessee, a Qcells solar panel factory in Georgia, and Eos Energy’s battery factory … Continue reading “Trump’s clean energy attacks put manufacturing projects at risk”
“We believe that power generation decisions should be made on a statewide basis, not a township or county basis, because the grid is a very complicated statewide electric grid,” Stivers said, noting that the Chamber would support legislation to shift power back to the state and away from local communities. In addition to broader concerns about the state’s … Continue reading “Ohio Chamber of Commerce emerges as unexpected ally for solar projects”
Biofuel trade groups and major U.S. airlines applauded the tax-credit rules, which allow producers to subtract from their overall emissions if they do things like use renewable electricity, deploy carbon capture and storage, and source crops from farmers who use so-called “climate-smart” agricultural practices. Gevo, the potential loan-guarantee recipient, says it’s planning to adopt all … Continue reading “DOE makes $3B commitment to two sustainable aviation fuel projects”
