Remove 2023 Remove Clean Energy Remove Electricity Remove Government
article thumbnail

NCEW Recap: The Government’s Role in Incentivizing the Clean Energy Transition

Cresforum

In the ever-evolving world of renewable energy, the Inflation Reduction Act (IRA) emerged as a piece of legislation aimed at accelerating the adoption of clean energy practices have become a point of contention among political parties. As Wills said, “We all want the benefits of clean energy, and we all want clean power.

article thumbnail

Good News—and Bad—about Fossil Fuel Power Plants in 2023 

Union of Concerned Scientists

With the clean energy transition already under way, the US electricity mix is set to continue changing this year. Solar power is expected to make up about half of all additions of US electric generating capacity in 2023, according to data from the US Energy Information Administration (EIA).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Accelerating Electric Vehicle Adoption in 2022

Law and Environment

This past year represents a real turning point in the transition to electric vehicles, demonstrated by new major incentives and regulatory activities at both federal and state government levels and several notable accomplishments in the private sector. Let’s see if 2023 pushes the needle even further. First, the U.S.

article thumbnail

The Clean Energy Investment Tax Credit (ITC): Direct Pay Claimants’ Race Against Time

Law Columbia

The Inflation Reduction Act (IRA) is chock-full of tax incentives for climate and clean energy projects. This year, 2023, marks the first tax year in U.S. But for local governments, nonprofits, and others who will claim direct pay of the credits, the domestic content adder serves as a race against time.

article thumbnail

A Better Way of Paying for a Reliable Electricity Grid

Union of Concerned Scientists

Last spring, the Midcontinent Independent System Operator (MISO) , which operates the electricity grid serving 45 million people across the central United States, found o ut it was at a higher risk of power outages than it believed. The result, as I explain below, was skyrocketing electricity bills for thousands of people.

article thumbnail

UK Government Announces New Import Carbon Pricing Mechanism

Clean Energy Law

Green , and James Bee On 18 December 2023, the UK government announced a proposal for a new carbon border adjustment mechanism (UK CBAM). The government intends the UK CBAM to work alongside the UK ETS to mitigate the risk of carbon leakage. Davies , Michael D.

article thumbnail

NCEW Recap: How Permitting Reform Will Advance American Clean Energy Production

Cresforum

It’s time for the United States to expand its energy infrastructure, but due to regulatory barriers imposed by both federal and state governments, many companies are being forced to delay projects that would help advance the clean energy transition. Watch the full discussion here.