The draft legislation would extend a host of renewable energy tax breaks, including the production tax credit and the investment tax credit. It also would expand the electric vehicle tax credit and create new tax credits for buyers of used electric cars and manufacturers of zero-emission commercial vehicles and buses.
At least half a dozen clean-energy companies are taking legal action against the Mexican government over changes in regulations they say reduce the value of their investments and put the country’s environmental targets at risk.
The attorneys general urged FERC to "promote market design choices that appropriately recognize the rights of states under the Federal Power Act to shape their resource mixes," a key debate between states and primarily multi-state eastern regional transmission operators, such as ISO New England and the PJM Interconnection.
More than 200 mayors across the U.S. have sent a letter urging Congress to pass a five-year extension of the solar Investment Tax Credit (ITC) with a particular focus on creating jobs and drawing investment. The bipartisan group of 231 mayors from 39 states and representing cities both large and small want Congress to pass the Renewable Energy Extension Act, which would result in the ITC extension.
Questions remain about where the money is coming from to fund both the petition drive for a public vote on FirstEnergy’s subsidies and the inflammatory campaign against it by a group called Ohioans for Energy Security.
Maine’s renewable energy landscape is poised for big changes. Legislation passed into law in June establishes greenhouse gas emission reduction targets and an ambitious renewable portfolio standard. In this interview, Dylan Voorhees, climate and clean energy director of the Natural Resources Council of Maine, explains what the new laws mean for the state, and what brought about the shift in policy.
In July, the state of Ohio passed its HB 6 energy bill, which authorizes $300 million in annual surcharges on utility ratepayers, primarily to fund four struggling coal and nuclear power plants. The bill also scales back the state’s clean energy targets. Now that HB 6 has been signed into law, what changes will it bring for stakeholders in the industry?