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Why This Matters: State government elections matter too. This is the most ambitious clean energy program enacted by a Southern state (yet). The Virginia Governor (a Democrat) pushed much of this policy through an executive but it has now been passed by the legislature with broad support. The most innovative piece of the new law is that it ties the sale of pollution allowances (permits to emit greenhouse gasses) to the Virginia Community Flood Preparedness Fund to enhance flood prevention, protection, and coastal resilience as well as creating a low-interest loan program to help inland and coastal communities that are subject to recurrent flooding.
The law also mandates that both the largest utilities in the state reduce energy consumption through efficiency programs that will help bring down energy costs for consumers, as well as protecting low-income consumers with caps on their electric costs (as a percentage of income). It also incentivizes the implementation of renewable energy projects in low-income and frontline communities and increases clean energy job training programs in those same places so that they also share the benefits of the clean energy economy. It also sets aggressive targets for increasing storage capacity for renewable energy, offshore and onshore wind projects and for solar projects, including rooftop solar. And in installing these projects the utilities must prefer local workers, especially workers from frontline communities, and projects that provide the greatest economic development benefits for the state.
by Amy Lupica, ODP Staff Writer Less than two weeks after being confirmed, Energy Secretary Jennifer Granholm has announced that the Biden administration is resuming an Obama-era program that gave billions in loans to clean energy companies. Granholm, during talks at the CERAWeek energy conference on Wednesday, pointed the clean energy businesses the Department of Energy loan program […]
by Natasha Lasky, ODP Staff Writer The world desperately needs more sources of emissions-free energy, yet as these power sources are brought online, we must also contend with their impact on animals and ecosystems. In California, government officials are trying to rescue California condors, which are critically endangered, from being killed by the blades of […]
In the wake of one of the largest power losses in United States history, the conversation about green energy in Texas is back in the headlines. Emily Holden and two other investigative reporters collaborated on a story that ran in The Guardian, The Texas Observer, and San Antonio Report exposing how the Texas Gas Service was successful in significantly watering down a plan by the city of Austin to reduce the use of natural gas there in the future.
Why This Matters: The oil industry has spent billions to manipulate the national conversation around green energy.
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