It would create a “performance-based incentive that would be neutral and flexible between clean electricity technologies,” according to a summary. Finance ranking member Ron Wyden (D-Ore.), a former Energy Committee chairman, has long called for such an incentive, which would allow developers to choose between a production tax credit and an investment tax credit scaled to the amount of carbon dioxide emitted per kilowatt-hour.
U.S. Senate Democrats on Tuesday unveiled energy legislation designed to hasten America’s adoption of cleaner energy, slash greenhouse gas emissions below the Obama administration’s goal, and help their party attract young voters in the 2016 elections. The bill, announced by Senate Democratic party leaders and the energy committee’s top Democrat, Senator Maria Cantwell, laid out the party’s vision for cutting emissions at least 34 percent by 2025.
Earlier Tuesday, meetings with governors from five U.S. states and local Chinese officials produced the deal to work on clean energy. “We can be the core for our national leaders to learn from,” Michigan Gov. Rick Snyder, who has made five trips to China in five years, told his counterparts. Xi arrived in Seattle for talks on how U.S. and Chinese experts and businesses can collaborate on issues such as nuclear energy and smarter electricity use. The visit comes a year after Xi and Obama announced their nations would cooperate to fight climate change.
The Senate Energy and Natural Resources Committee approved its comprehensive energy package today by a wide margin, while separately lifting the crude export ban on a party-line vote. The bipartisan energy bill advanced on an 18-4 vote, with Sens. Mike Lee (R-Utah), Jeff Flake (R-Ariz.), Bernie Sanders (I-Vt.) and Debbie Stabenow (D-Mich.) opposing the measure.
The Western Electricity Coordinating Council (WECC, which includes Western states and some Canadian provinces) and Texas have both seen healthy growth in wind power over the last decade. But since 2013, wind build-out in the Western U.S. states has slowed down while Texas wind continues to flourish. The lesson for transmission planning is clear: if you build it, wind will come.
S.B. 350, better known for raising the Golden State’s renewable portfolio standard to 50 percent by 2030 and a bruising battle by oil companies to prevent it from including a 50 percent reduction in petroleum use, also contains language that would broaden the authority of state electricity market regulators, a move aimed at encouraging electricity trading across the West. Brown’s office inserted language just before the bill’s passage last week that would change the governance of the California Independent System Operator, the state-founded nonprofit that administers the electricity grid, and would allow other transmission-owning organizations to join it. If the bill is signed by Brown, the move could usher in a West-wide electricity market, which hasn’t been entertained since California’s energy crisis of 2000-01. Most of the rest of the country is organized under regional transmission organizations, but not the West.
In July 2015, Gov. Jay Inslee directed Ecology to strengthen existing air pollution rules and set limits on greenhouse gases to help meet emission reductions passed by the Legislature in 2008. Inslee said Washingtonians have too much at stake to wait any longer for action on climate change. “This year’s record-setting drought and wildfires are sobering examples of what our future could look like if we don’t take action on climate change,” said Ecology Director Maia Bellon. “We need to do our part to protect what we have for future generations. We can’t afford the cost of inaction.”
The state Department of Ecology on Monday proposed capping greenhouse gases from the state’s 35 largest emitters, rolling out a new rule-making process months after Gov. Jay Inslee failed to get legislation passed on his ambitious cap-and-trade plan. The agency began writing a rule to limit — and reduce over time — the amount of heat-trapping gases from the state’s largest industrial facilities, including power plants, refineries and landfills. “The governor asked us to take action because we have too much at stake,” Ecology Director Maia Bellon said in a call with reporters. She cited drought and devastating wildfires as “sobering examples” of what will happen if the state fails to act.
Senate Democratic leaders on Tuesday plan to unveil a measure intended to signal their full-throated support of President Obama’s aggressive climate change agenda to 2016 voters and to the rest of the world. The Democrats hope that the bill, sponsored by Senator Maria Cantwell, of Washington, the top Democrat on the Senate Energy Committee, will demonstrate a new unity for the party on energy and climate change, and define Democrats’ approach to global warming policy in the coming years. The measure would establish as United States policy a reduction of greenhouse gas emissions by 2 percent each year through 2025 — a cut even larger than the target set by the Obama administration.
“The bill addresses the need for new jobs, updated infrastructure and technological innovation,” it said. “Specifically, the proposal includes programs essential to renewed economic growth in the energy sector that empower consumers, modernize infrastructure, cut carbon pollution and waste, invest in clean energy technologies, and support research and development.”