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Blog posts : "incentives"

Energy Update, October 2, 2009

October 2, 2009

In the States

CA – This week, Governor Arnold Schwarzenegger hosted the Global Climate Summit 2, which gathered over 1,200 participants from across the U.S. and the world to help discuss climate change issues and influence national policy in their countries prior to the UN summit planned for Copenhagen, Denmark in December.  California officials also hoped the summit would allow other governments to see what the state has accomplished and build on its achievements in negotiating a new global climate change pact at that meeting.  Topics included how to decrease energy usage, how to obtain cleaner energy, and how to best offset greenhouse gas emissions.  Schwarzenegger leads governors’ summit on global warmingChristian Science Monitor and Climate summit delegates like state’s planned carbon trading marketLos Angeles Times

NC – In a letter to US Secretary of Interior Ken Salazar, Governor Bev Perdue indicated she may be willing to consider offshore oil and gas drilling depending on the amount of reserves located off North Carolina’s shore and whether a panel of scientists and engineers she plans to assemble indicate drilling can be done safely and without hampering offshore wind energy development.  Governor Perdue commented on a draft proposal prepared by the Bush administration, which would allow certain sites to be explored for possible extraction of fossil fuels.  The Governor would also like more information on the share of oil and gas revenues the State could expect to receive.  Secretary Salazar has indicated he is likely to scale back the proposal before presenting it to President Obama and Congress prior to final approval.  Perdue indicates she’s open to offshore drillingWinston-Salem Journal

PA – Governor Ed Rendell spoke at a news conference to covey the importance of clean energy to Pennsylvania’s financial and environmental goals.  He cited the State’s $900 million of investment since 2003, an energy portfolio standard that mandates the development of alternative energy sources, energy conservation laws, and adoption of the California Clean Car Rule to reduce emissions from mobile sources as actions that have helped reduce greenhouse gas emissions and created thousands of new jobs.  The Governor also expressed support for more research on carbon capture and storage technologies.  Rendell calls for clean energy developmentPittsburgh Post-Gazette

TX – Governor Rick Perry voiced strong opposition to federal climate change legislation during a meeting with State business and political leaders.  The Governor said that Texas has done well in balancing the interests of business and the environment and that new federal mandates on carbon emissions and other climate changing pollution would raise the prices of many everyday products for consumers and eliminate 200,000 to 300,000 jobs in the State.  He suggested the Federal Government should follow Texas’ lead by expanding the nation’s alternative energy portfolio, reducing the cost of alternative energy forms like solar and wind, and promoting investment in technology that captures emissions of carbon dioxide rather than institute a cap-and-trade policy.  Texas governor voices opposition to climate billAustin American-Statesman

WV – Governor Joe Manchin gave a speech to the US Chamber of Commerce in which he noted that while coal may create pollution, coal-producing states such as West Virginia have helped build a vibrant American economy.  The Governor believes that the pending House cap and trade legislation, in its current form, will cost too many jobs and that there may be ways to reduce greenhouse gas emissions by recycling carbon dioxide into a useful product.  He also raised concerns about the potential for newly created alternative energy industry jobs moving offshore if production costs prove to be too high in the US.  Manchin calls for energy balanceCharleston Daily Mail

Regional and National News

Attracting renewable energy manufacturing plants and workers is less difficult for states that have generous incentive programs than for those that do not.  Some states provide millions of dollars in tax and other incentives for companies to build such facilities – which produce not only renewable energy technology but high-paying and high-skill jobs – while other state provide little or none.  With renewable energy becoming a key component of economic development, states are competing to provide more generous subsidies in return for new clean energy investment and jobs.  Clean-energy jobs touch off bidding wars between statesUSA Today

Senators John Kerry and Barbara Boxer have introduced the Senate’s version of climate change legislation.  Many details are missing from the bill as it is currently written, though the two sponsors say it will be deficit-neutral.  The bill would require a reduction in carbon emissions to 20% below 2005 levels by 2020 and 80% below 2005 levels by 2050 through a cap-and-trade mechanism, cleaner coal technologies, natural gas, and nuclear energy production, more solar and wind energy production, and increased energy efficiency.  Republican leaders have already voiced opposition to the bill, calling it a tax on families and small businesses while environmental advocates have expressed mixed reactions.  Boxer, Kerry launch campaign to pass Senate cap-and-trade billNew York Times and Overview [pdf], Section-by-section summary [pdf], and Bill text [pdf] for S.1733 – Clean Energy Jobs and American Power Act

To date, more than $1 billion in stimulus funds has already been spent on clean energy projects, including $550 million that was just awarded for new renewable energy production (in lieu of tax credits), $300 million for energy conservation efforts in public housing projects, and $36 million for energy efficiency projects in Pennsylvania.  An additional $410 million in stimulus funds have been recently announced, including $161 million for a wind power transmission line, $144 million to advance the smart grid, and $106 million for Energy Efficiency Community Block Grants.  Treasury, Energy surpass $1 billion milestone in Recovery Act awards for clean energy projectsEERE News and U.S. Treasury and DOE award $550 million for renewable energy projectsEERE News and HUD grants $300 million in Recovery Act funds for green housingEERE News and DOE delivers $36 million to Pennsylvania for energy efficiency projectsEERE News and Recovery Act helps to fund transmission line for Montana wind powerEERE News and DOE announces $144 Million in Recovery Act funding for the smart gridEERE News and Obama administration delivers more than $106 million for energy efficiency and conservation projects in nine statesEERE News

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