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As Congress was completing final negotiations of the stimulus package dealing with the public health and economic impacts of the coronavirus pandemic, several key energy provisions made their way into the 5593-page omnibus spending bill passed by the House and Senate on December 21, 2020, particularly much needed extensions of several renewable energy and energy efficiency tax incentives.
Specifically, the Consolidated Appropriations Act, 2021 (the “Act”)[1] addresses, among other things, the concerns of renewable energy developers regarding the potential expiration of the Production Tax Credit (PTC) and Investment Tax Credit (ITC) and, for the first time, includes provisions for offshore wind projects. In addition, the Act provides for the expansion and enhancement of significant research and development programs related to renewable energy, energy efficiency, energy storage, and carbon capture and sequestration,
API Statement On CCUS And PHMSA Provisions In Omnibus Package
The American Petroleum Institute (API) today applauded several provisions included in the omnibus spending bill passed by Congress and urged the president to swiftly sign the package into law.
Several of the provisions included were from Chairman Murkowski’s American Energy Innovation Act, including aspects of two bipartisan bills to encourage the development of carbon capture, utilization and storage (CCUS).
“API is pleased that the bipartisan USE IT Act and key provisions of the LEADING Act have passed the Senate as part of the omnibus package. We commend the bipartisan group of lawmakers who have moved this legislation one step closer to becoming law and who understand the important role of advancing innovation and technology in addressing the risks of climate change,” API Vice President of Corporate Policy Stephen Comstock said. “We urge the president to swiftly sign this bill into law, and we encourage the
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Re: “Battery technology offering Texas a bright energy future,” Other Views, Dec. 2:
Matt Welch’s message was important. As a grandmother, I know investing in alternative energy sources that reduce carbon emissions is a crucial part of protecting our environment for future generations. I also understand that supporting the industry and encouraging clean energy innovation will have benefits for Texas.
Last year, nearly 250,000 Texas clean energy workers were helping not only to reduce greenhouse gas emissions, but also maximize existing resources and lower energy rates.
Through clean energy, Texas can continue developing its legacy as the nation’s energy capital and build out a modern infrastructure that keeps us competitive. It’s up to our congressional leaders like U.S. Sen. John Cornyn to come together and continue to keep Texas at the forefront of energy conversations by supporting clean energy. The first
Congress set to pass the biggest action ever taken to address climate change washingtonexaminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonexaminer.com Daily Mail and Mail on Sunday newspapers.
U.S. Senator Mitt Romney (R-UT) today voted in favor of the
Consolidated Appropriations Act of 2021, which includes measures he fought for to secure clean water for Utah Navajos, end surprise medical billing, support Hill Air Force Base, and help Utah’s rural communities. The package, which passed with over 90 votes in favor, funds the federal government through September 30, 2021, and includes COVID-19 relief legislation that reflects many of Senator Romney’s priorities to help Utah’s workers, businesses, and families.
“The legislation which passed today includes several measures which I have been fighting for and that are important for Utah,”