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Treasury Department Announces Second Round of Section 48C Tax Credit for Clean Energy Manufacturing Facilities

38 North Solutions

Expired since 2013, the law provides $10 billion in credits for qualifying advanced energy projects, $4 billion of which must be allocated projects located in energy communities. For round two, the Treasury Department is making $6 billion available, with $2.5 billion set aside for projects in energy communities.

Energy 64
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What is in the Inflation Reduction Act of 2022? We summarize.

38 North Solutions

The Rhodium Group released preliminary analysis of the bill finding that the Inflation Reduction Act would cut US net greenhouse gas emissions down to 31% to 44% below 2005 levels in 2030 compared to 24% to 35% under current policy. Should this bill become law, from 2022-2024, these credits are extended and restored to their full value.

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Part 2: Revisiting the Key Findings of an influential Carbon Trading and Environmental Equity Study – Additional Details

Low Carbon Prosperity

While very limited conclusions about net population exposure to air pollution can be drawn from the data presented in the original study, the findings are suggestive that all population characteristics were more likely to experience decreases in GHG pollution exposure from facilities in years 2013-2015 (see Part 1, Figure 3 ).

Carbon 52
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Part 2: Revisiting the Key Findings of an influential Carbon Trading and Environmental Equity Study – Additional Details

Low Carbon Prosperity

While very limited conclusions about net population exposure to air pollution can be drawn from the data presented in the original study, the findings are suggestive that all population characteristics were more likely to experience decreases in GHG pollution exposure from facilities in years 2013-2015 (see Part 1, Figure 3 ).

Carbon 52
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Senate Confirms Third Republican to FERC, Breaking With Precedent

GreenTechMedia

Danly, who will fill the seat left vacant by the death of Chairman Kevin McIntyre, graduated from law school in 2013 and worked as a corporate energy lawyer before he was named general counsel at FERC in 2017.

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Bernie Sanders and Elizabeth Warren Demand Changes at New England’s Grid Operator

GreenTechMedia

Tuesday’s letter takes up three ISO-NE policies for specific critique. The first is called Competitive Auctions With Sponsored Policy Resources, or CASPR ( PDF ), a complicated effort to balance zero-marginal-cost wind and solar power against fossil fuel and nuclear-powered generators in ISO-NE’s forward capacity auction.

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