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Guest Essay: A Conservative Argument For Clean Energy -- Follow The Market, Fossil Fuels Are No Bargain

PA Environment Daily

This trend is not driven by politics, but rather by a rapidly changing energy market and sound business sense. As this past year's high power bills demonstrated, the price of generating electricity with natural gas or coal is no longer a bargain for Pennsylvania utility customers. High overseas demand for U.S.

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Gov. Shapiro Unveils Cap-And-Invest PA Climate Emissions Reduction Initiative To Reduce Carbon Pollution From Power Plants; Update Alternative Energy Portfolio Standards To Diversify Electric Generation, Improve Reliability

PA Environment Daily

billion in investment in clean, reliable energy sources. Under PACER, 70% of the revenue will be directed back to Pennsylvania residents as a rebate on their electric bill – more than any other cap-and-invest program in the nation – resulting in long-term, price relief on energy costs. That’s why Gov.

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US DOE, Treasury Release Proposed Regulations Implementing Clean Hydrogen Production Credit Setting A Sliding Scale For Credits

PA Environment Daily

The Treasury Department’s Notice of Proposed Rulemaking (NPRM) provides definitions of key terms in the statute, including lifecycle greenhouse gas emissions, qualified clean hydrogen, and qualified clean hydrogen production facility. Click Here for the complete announcement and supporting analysis. Read more here.

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DOE Awards Natural Gas-Based Hydrogen Hub In Western PA, Renewable/Nuclear Power-Based Hydrogen Hub In Eastern PA; Reactions

PA Environment Daily

On October 13, the US Department of Energy awarded two hydrogen hub projects that include Pennsylvania-- a natural gas-based Appalachian Hub in Western PA, West Virginia and Ohio and a Mid-Atlantic Hub in eastern PA, Delaware and New Jersey based on the use of renewable and nuclear energy to make the hydrogen.

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

Law Columbia

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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Happy New Year, New England?

Union of Concerned Scientists

While he does not mention climate change, there is a brief nod to climate solutions through emissions reductions: Come on electric utilities, don’t tell me you are just passing along those high natural gas prices to the ratepayer and at the same time ask the taxpayers to subsidize it more. Let me be clear about this.

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RePlanet Nederland’s review of the draft Delegated Regulation on nuclear energy and gaseous fossil fuels in the sustainable finance taxonomy

Environmental Progress

The Regulation’s proposed criteria for gaseous fossil fuels (which includes both conventional natural gas, and synthetic gas derived from coal gasification) allow investment in their consumption without restriction in function, scale, or time period, as long as greenhouse gas emissions are no higher than 100 gCO2eq/kWh (see §4.29-31