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Renewables are 87% of new U.S. generating capacity so far this year

Renewable Energy World

biomass, geothermal, hydropower) dominated new U.S. There were also small additions in 2021 by hydropower (28 MW), geothermal (25 MW), and biomass (14 MW). . available installed generating capacity – a share significantly greater than that of coal (18.88%) and more than three times that of nuclear power (8.32%).

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After Pandemic, New York’s Buildings Face Daunting Decarbonization Mandate

GreenTechMedia

Saturday marked the one-year anniversary of the passage of perhaps the most ambitious law ever adopted by a U.S. Local Law 97, one of 10 bills in the sweeping Climate Mobilization Act , requires New York City’s 50,000 largest buildings to reduce their carbon emissions by 40 percent by 2030 and by 80 percent by 2050.

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Solar, Wind Tax Credit Extensions and Energy R&D Package in Spending Bill Before Congress

GreenTechMedia

Schumer’s office, the two-year extension of the federal Investment Tax Credit for solar projects will retain the current 26 percent credit for projects that begin construction through the end of 2022, rather than expiring at the end of 2020 as they would have under existing law. Action by the U.S.

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Inflation Reduction Act: 10 ways it will turbocharge US climate action (and one way it won't)

Business Green

Barring any late Congressional dramas, President Joe Biden could sign the Inflation Reduction Act (IRA) into law before the week is out, triggering a multi-billion dollar green investment bonanza that promises to drastically accelerate US emissions reduction efforts. Clean power producers would be eligible to receive 1.5