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Michigan Policymakers Must Keep Working Toward an Equitable Clean Energy Future

Union of Concerned Scientists

It adds Michigan to the growing list of states, including Illinois and Minnesota , that have adopted standards to increase renewable energy on the grid and move toward 100-percent decarbonization of the power sector. The package represents progress on a number of fronts. What’s In the Bills?

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The Atomic Energy Advancement Act: Preparing the Way for Advanced Nuclear Power Plants  

Cresforum

Introduction One of the main messages coming out of the recent COP28 meetings in the UAE concerns the role that nuclear power can play in the future of clean energy development around the world. The hope is that this encourages international financial institutions to include nuclear energy in loans for energy projects.

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Germany’s Role in Climate Policy

Legal Planet

At the global level, however, Germany has its own claim to a leadership role, particularly in its early support for renewable energy. Although its track record has some complexities, this timeline of German actions shows just its early and sustained attention to clean energy policy: 1990. Renewables are 6% of power.

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Reevaluating the Role of Fossil Gas in a Decarbonizing Grid

Union of Concerned Scientists

It’s worth delving into because it has some important implications for our clean energy future. US Electricity Generation Wind and solar lead the way in decarbonizing the power sector to meet near-term climate targets. Decarbonizing the power sector also plays a critical long-term role by replacing fossil fuels in other sectors.

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Pennsylvania’s Electric Grid Is Dependent On One Fuel To Generate 59% Of Our Electricity; Market Moving To Renewables + Storage

PA Environment Daily

On March 7, the Independent Fiscal Office issued its latest Pennsylvania Electricity update that reports the electricity grid is dependent on one fuel for 59% of the state’s electricity generation-- natural gas-- followed by nuclear power-- 31.9%, coal-- 5.4% Energy Information Administration. from other sources. Read more here.

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Proposed Regulations for Direct Pay Under the Inflation Reduction Act: Guidelines for Cities

Law Columbia

On June 14, 2023, the U.S. Direct pay – which is already in effect as of January 1, 2023 – allows tax-exempt entities, including local governments, to claim the value of certain clean energy and other tax credits as a cash payment, rather than as an offset to tax liability that they do not have.

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Renewables Year-End Review: M&A, Tax Equity and Finance Markets

E2 Law Blog

Watch the “Renewables Year-End Review: M&A, Tax Equity and Finance Markets” webinar presented by GT’s Global Co-Heads of Energy Project Finance Jeffrey Chester and John Eliason , co-hosted with CohnReznick Capital. Watch the webinar recording here.