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As we grapple with the disastrous pandemic, recession, and climate change, the nation is in desperate need of investment in clean energy to reduce climate pollution and jumpstart the economy. The Energy Act of 2020, included with the COVID-19 relief and 2021 spending package, will help the United States on both fronts by investing in a spectrum of technologies.
As we have reported, the clean energy sector is down more than 620,000 jobs thanks to the coronavirus pandemic and the industry is now pushing hard for relief from Congress in the form of tax credits that companies would receive as cash payments (a deal Congress gave some companies) and delaying the phase-down of other tax incentives.
Why This Matters: While there may be some overcounting in jobs lost or undercounting of the number covered under the generic PPP stimulus program, there is no doubt the sector has been “decimated” as the clean energy industry claims.
A pro-climate change conservative group has made a major ad buy on Fox News to air this commercial. The group, called the American Conservation Coalition, is hoping to persuade the Trump Administration and Congress to add funding for what many characterize as “green” jobs — those in clean energy and green infrastructure — to any […]
The European Union announced its $825 billion recovery package for the coronavirus pandemic late last week and it includes big plans to address climate change as intrinsic to its economic recovery.
Why This Matters: Only when we shut down the economies of the developed world due to the life or death threat of the pandemic did we see global greenhouse gas emissions reductions necessary for the foreseeable future.
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