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Federal stimulus includes wind, solar tax credit extensions, adds first US offshore wind tax credit

Congress on Monday passed another stimulus package as a response to the COVID-19 pandemic. The package includes extensions on the solar and wind production tax credit (PTC) and investment tax credit (ITC), energy efficiency incentives, research and development enhancements for clean energy technologies and more, according to a joint statement from House Speaker Nancy Pelosi, D-Calif., and House Senate Minority Leader Chuck Schumer, D-N.Y. The relief package is the second implemented this year, and the first to extend aid to the renewable energy industry. It also includes several provisions from the Senate s American Energy Innovation Act, championed by Sens. Lisa Murkowski, R-Alaska, and Joe Manchin, D-W.Va., earlier this year, as well as from the House s companion bill. The inclusion marks the first time in 13 years Congress has passed comprehensive energy policy.

U S Senate Committee on Environment and[ ] (via Public) / Senators Announce Historic, Bipartisan Agreement on Environmental Innovation Legislation

12/21/2020 | Press release | Distributed by Public on 12/21/2020 14:02 Senators Announce Historic, Bipartisan Agreement on Environmental Innovation Legislation WASHINGTON, D.C. - Today, U.S. Senator John Barrasso (R-WY), chairman of the Senate Committee on Environment and Public Works (EPW), Committee Ranking Member Tom Carper (D-DE), and Senators Shelley Moore Capito (R-WV), Sheldon Whitehouse (D-RI), and John Kennedy (R-LA) announced a historic, bipartisan agreement to include multiple pieces of environmental innovation legislation in the omnibus. The omnibus will now include: The Utilizing Significant Emissions with Innovative Technologies (USE IT) Act to promote carbon capture technologies; The reauthorization of the Diesel Emissions Reduction Act (DERA) program; and

A clean energy future for Alaska requires action by Congress

A clean energy future for Alaska requires action by Congress Author: Lew Ulmer Share on Facebook Print article Introducing alternative energy sources is vitally important to both urban and rural Alaska communities, and our statewide potential in the renewable and clean energy sector is as large as our state itself. Advancements in the solar and clean energy industry are helping to create jobs, spur economic activity, and reduce the environmental impact in rural communities across Alaska. Most importantly, renewable energy solutions are cutting costs for Alaska homeowners and residents. Today, energy efficient homes are increasing home values and lowering energy bills across the nation. Rural communities in Alaska that often face high electricity costs are increasingly turning to renewable energy sources such as wind and solar to heat their homes, and the seasonal application of solar power is offsetting home energy costs. In the Northwest Arctic Borough alone, solar energy

Potential for an Energy Package

Potential for an Energy Package Ewelina Czapla Executive Summary An energy package that would boost funding for myriad clean-energy initiatives may be incorporated in the fiscal year 2021 omnibus spending bill. The package is the culmination of a various bills and energy packages from both chambers of Congress, and includes provisions that would support the development and deployment of innovative technologies necessary for transitioning away from carbon-intensive energy production and reducing emissions. While the package would serve as meaningful climate legislation, it does not address more controversial issues such as emissions targets, environmental justice, or a carbon price.   Introduction Congress this week released the language of a compromise energy package that may be attached to the fiscal year 2021 omnibus spending bill.[1] The package would be the most significant energy legislation passed in years and would serve as some of the first meaningful climate legisl

Exclusive: Congress reaches compromise on clean energy deal to be attached to government funding bill

Governors Wind Energy Coalition Exclusive: Congress reaches compromise on clean energy deal to be attached to government funding bill Source: By Josh Siegel, Washington Examiner • Posted: Tuesday, December 15, 2020 House and Senate leaders have agreed to include a suite of clean energy innovation measures in a year-end omnibus spending bill to be introduced as soon as tomorrow. A bipartisan energy package hitched to the spending bill, seen by the Washington Examiner, includes provisions to boost technologies such as advanced nuclear power, energy storage, carbon capture utilization, and direct air capture. Three people with knowledge of the talks provided the final legislative language of the agreement to the

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