CLIMATE: A Princeton University analysis estimates about 30% of emission reductions from the Inflation Reduction Act will come from consumer choices enabled by new federal incentives. (Washington Post)
• The Federal Reserve is developing a pilot version of the model it will eventually use to stress test large banks against risks related to climate change. (E&E News)
• A new federal report shows that seven Northeast states saw their hottest January temperatures ever recorded last month. (The Hill)
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• Oil companies are increasingly interested in electric vehicle charging, which could actually be good news for cutting transportation emissions. (American Prospect)
• Vice President Kamala Harris visits a Minnesota electric bus manufacturer today as the Biden administration touts its clean energy record. (MPR News)
• Virginia officials block the release of more than 1,700 records related to Ford’s consideration of a state megasite for a battery plant. (Associated Press)
• A new report questions whether federal support will be enough to create a market for “clean” hydrogen. (E&E News)
• Environmental justice advocates oppose the Los Angeles city council’s plan to convert a natural gas power plant to run on green hydrogen, calling it a greenwashing boondoggle that will harm vulnerable communities. (Los Angeles Times)
OIL & GAS:
• ExxonMobil led the “big five” oil companies with $55.7 billion profit in 2022, a year that saw a record financial boom for the industry, attracting notice from President Biden in his State of the Union speech. (Guardian, The Hill)
• A Michigan man backed by fossil-fuel funded allies has been a key player in sowing fear and misinformation around Midwest solar and wind projects. (Heated/Distilled)
• In New York City, an energy-efficient, solar-powered apartment building reserved for low-income residents is reflective of the city’s desire to fight both climate change and inequity. (Canary Media)
• Massachusetts’ heat pumps were put to the test this past weekend amid frigid temperatures, with most people reporting continued functionality but some saying the temperature couldn’t get high enough. (Boston Globe)
• Vermont bans the sale of compact fluorescent lamp bulbs, becoming the first state to do so. (The Hill)
PIPELINES: Documents reveal how Enbridge reimbursed Minnesota police for more than $8.6 million in expenses associated with Line 3 pipeline protests. (Grist/Center for Media and Democracy)
UTILITIES: A major corruption trial has so far revealed some surprises but also confirmed what many advocates had suspected about coordination between FirstEnergy and top GOP officials in Ohio’s utility bailout scandal. (Energy News Network/Eye on Ohio)
Fresh Energy seeks an executive director
Fresh Energy, a Minnesota-based clean energy and climate policy nonprofit with regional impact and national influence, is seeking a charismatic and inspirational leader to serve as its next Executive Director.
GEOTHERMAL: U.S. Energy Secretary Jennifer Granholm touts enhanced geothermal technology during a visit to Utah. (Deseret News)
• After Minnesota’s new landmark clean electricity law, New Jersey, Michigan, and Maryland are among the next states to watch for major clean energy policy, a journalist writes. (Inside Climate News)
• An energy journalist reflects on what a California gas utility’s response to Berkeley’s ban on new gas hookups can tell us about the political battles ahead as the movement spreads across the country. (Los Angeles Times)