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IEA sketches out vision for $1tr a year global green stimulus

Business Green

The analysis calculates that integrating clean energy goals into economic recovery and stimulus packages over the next three years could boost global economic growth by an average of 1.1 Birol acknowledged that policy makers were "having to make hugely consequential decisions in a very short space of time as they draw up stimulus packages".

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

🇬🇧 UK Prime Minister Rishi Sunak led a campaign against some of the country’s most essential climate policies. ☢️ US nuclear power saw mixed results. Key market supply and demand indicators ended the year down.

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

GreenTechMedia

When the legislation passed, progressives on the New York City Council called the package of bills “the largest single carbon-reduction effort that any city, anywhere, has ever put forward.” “The policy intention is the worst-emitting 20 percent of the buildings have to act first,” said Mandyck.

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

GreenTechMedia

trillion federal spending and tax extension package negotiated by congressional leaders over the weekend alongside a $900 billion coronavirus relief package. Utility-scale solar power is already cost-competitive against coal-fired power across the world and with natural-gas-fired power in many markets.

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

Business Green

Finally climate policy action is getting real," he said. It is significantly larger than the clean tech focused stimulus package the Obama administration passed in the wake of the 2008 financial crisis, which played such a big role in accelerating US renewables and electric vehicle deployment.