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Crapo, Whitehouse, Reed, Panetta Introduce Legislation to Encourage Innovation in the Clean Energy Sector – Advanced BioFuels USA


(Office of Senator Mike Crapo (R-Idaho)) According to a report by the International Energy Agency, approximately 40 percent of cumulative CO2 emissions reductions needed to meet sustainability targets rely on technologies not yet commercially deployed on a mass-market scale.  Senator Mike Crapo (R-Idaho), Ranking Member of the U.S. Senate Finance Committee and U.S. Senate Finance Committee member Sheldon Whitehouse (D-Rhode Island) have introduced the Energy Sector Innovation Credit (ESIC) Act, a bipartisan energy tax proposal to encourage innovation in the clean energy sector to help rapidly scale and diversify new technologies.  Original co-sponsors of the Senate legislation include Senate Finance Committee members John Barrasso (R-Wyoming) and Michael Bennet (D-Colorado) and Senate Energy and Natural Resources Committee members Jim Risch (R-Idaho) and John Hickenlooper (D-Colorado).  House Ways and Means Members Tom Reed (R-New York) and Jimmy Panetta (D-California) have ....

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Geothermal is the electricity combating climate change — Quartz


December 20, 2020
Jason Czapla is walking across a former lake bed in the middle of southern California. The ground simmers at our feet as little mud volcanoes disgorge piles of hot, sulfurous muck. The Salton Sea glitters in the distance while morning temperatures approach 106 degrees Fahrenheit.
Everything about this place, around a hundred miles from the Mexican border, feels like it’s about to combust. But for Czapla, a former petroleum engineer, there are few places he’d rather be.
“It’s the perfect storm in terms of a renewable energy project,” says the chief engineer for Controlled Thermal Resources, wearing a white polo shirt and dark sports glasses that hide the excitement in his blue eyes. “This is the best resource in the world.” ....

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