Biden administration sets new clean energy funding framework

The Biden administration has finalized tax rules, opening avenues for non-profits to develop low-carbon projects.

In short:

Nonprofits, for the first time, can receive federal cash up to 30% of a project's value for building clean energy systems.
The Inflation Reduction Act's direct pay provision aims to democratize decarbonization efforts, especially in disadvantaged areas.
Some restrictions remain, posing eligibility challenges for certain partnerships and requiring complex navigation of new tax codes.

Key quote:

The rules “are going to go a long way toward reducing carbon emissions and promoting domestic chip manufacturing.”

— Senate Finance Chair Ron Wyden (D-Ore.)

Why this matters:

The policy incentivizes the creation of renewable energy infrastructure in historically marginalized communities, which could lead to improved health outcomes due to reduced pollution. This strategic tax code alteration links local development to the broader national effort of sustainable economic growth and clean energy transition.

Joel Olson: Uncertainty over climate impacts is no reason to shy from a modest incentive to break our fossil fuel addiction.

www.eenews.net

Biden administration sets new clean energy funding framework

Inside the campaign to discredit a key climate science report

Mark Carney adviser says AI data centres ‘provide markets’ for gas

The winter’s snow drought is now a full-blown water crisis

‘Every day it’s more barriers’: how the US is shutting out climate refugees

Scientists have made jet fuel from plastic waste

Mangroves comeback is a rare climate success story

COP31 leaders unveil global targets, with spotlight on electrification

Multiple Houston-area oil and gas facilities that have violated pollution laws are seeking permit renewals

One facility has emitted cancer-causing chemicals into waterways at levels up to 520% higher than legal limits.

Pennsylvania health advocates say Trump’s first 100 days in office have caused “100 harms” to local communities

“They're terrorizing these scientists because they want to keep them silent.”

Regulators are underestimating health impacts from air pollution: Study

"The reality is, we are not exposed to one chemical at a time.”

Two years into his term, has Gov. Shapiro kept his promises to regulate Pennsylvania’s fracking industry?

A new report assesses the administration’s progress and makes new recommendations

An open letter from EPA staff to the American public

“We cannot stand by and allow this to happen. We need to hold this administration accountable.”

New evidence links heavy metal pollution with wildfire retardants

“The chemical black box” that blankets wildfire-impacted areas is increasingly under scrutiny.