
CLEAN ENERGY: Federal data released today shows the Inflation Recovery Act has doubled spending on clean-energy technologies, mostly in electric cars and solar, though wind energy lags behind. (New York Times)
ALSO:
• The EPA estimates the IRA will lead to economy-wide emission reductions of up to 43% by 2030 compared to 2005 levels. (The Hill)
• As clean energy developers seek to renegotiate agreements to account for increased costs, state climate targets could be at risk. (E&E News)
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MATERIALS:
• The Interior Department urges Congress to update a 150-year-old mining law to ensure minerals needed for clean energy technology are obtained in a way that is “sustainable, responsible and efficient.” (The Hill)
• Oil companies are increasingly interested in ways to extract rare earth minerals from drilling wastewater. (E&E News)
ELECTRIC VEHICLES:
• An analysis shows state and local governments are set to give $2.1 billion in tax breaks and other incentives to Hyundai for its electric vehicle factory in Georgia. (Associated Press)
• The electric vehicle transition has become a flashpoint in the contract standoff between Michigan automakers and the UAW, which seeks guarantees that its workers will be part of the shift. (The New Republic)
OIL & GAS:
• U.S. Rep. Mary Peltola, an Alaska Democrat, pushes back on colleagues’ claims that the Willow drilling project is a “carbon bomb,” saying energy demand — not supply — is the true driver of emissions. (E&E News)
• The federal Bureau of Land Management brings in $13.2 million from an oil and gas lease sale in Wyoming after removing dozens of parcels to protect wildlife habitat. (WyoFile)
GRID: The transmission buildout needed to support U.S. clean energy goals will likely benefit large utility holding and transmission companies, while small firms may struggle to bid for projects, according to a credit rating agency. (Utility Dive)
WIND: Atlantic Shores Wind’s chief executive officer discusses his frustration with misinformation swirling about the offshore wind industry, as well as the sector’s financial outlook. (ROI NJ)
NUCLEAR: The owner of a shuttered Michigan nuclear plant signs long-term power purchase agreements with two electric co-ops to sell electricity from the plant if and when it reopens. (MLive)
EFFICIENCY: A European study finds heat pumps are more efficient than fossil fuel-powered systems, even in cold weather. (Canary Media)
GEOTHERMAL: While proponents say advanced geothermal technology has potential, it also faces unique regulatory barriers that will make it hard to develop. (Vox)
COMMENTARY:
• A union leader and an environmental advocate say the transition to clean energy should not leave autoworkers behind. (Energy News Network)
• An advocate notes that the EPA failed to include peaker plants in its latest proposal to curb emissions in the electricity sector. (Utility Dive)
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