Category Archives: Energy

Climate Action, Climate Change, Energy, Environment, Environmental Protection

FACT SHEET: Biden-Harris Administration Announces Key Actions to Strengthen Electric Grid, Boost Clean Energy Deployment and Cut Dangerous Pollution from Power Sector

This fact sheet on what the Biden-Harris Administration is doing to strengthen the electric grid, boost clean energy deployment and create jobs, and cut dangerous pollution from the power sector was provided by the White House:

A solar array on a New York State farm. This month the EPA announced $20 billion in grant awards under two competitions from the Greenhouse Gas Reduction Fund to create a national network to fund tens of thousands of climate and clean energy projects across America, especially in communities historically left behind and overburdened by pollution. © Karen Rubin/news-photos-features.com

Since Day One, President Biden has led and delivered on the most ambitious climate and environmental justice agenda in history, including securing the largest-ever climate investment. The power sector, which is responsible for a quarter of annual U.S. greenhouse gas emissions, now has more tools than ever – including unprecedented financial support, efficient permitting, and long-term regulatory certainty – to reduce pollution and upgrade the grid to support more factories, electric vehicles, and other growing sources of electricity demand.

Today, the Biden-Harris Administration is announcing key actions to build on this momentum and deliver clean electricity to more homes and businesses, helping lower energy costs for American families and power the U.S. manufacturing renaissance driven by President Biden’s Investing in America agenda, while providing cleaner air and water to communities long overburdened by pollution from fossil fuel power plants.
 
The Environmental Protection Agency (EPA) is announcing a suite of standards to cut greenhouse gas emissions as well as toxic air pollution, water pollution, and land contamination from fossil fuel power plants. EPA’s greenhouse gas emission standards will avoid 1.38 billion metric tons of carbon pollution through 2047, equivalent to the annual emissions of 328 million gas cars, and together with the other standards will provide hundreds of billions of dollars in climate, environmental justice, and public health benefits, including fewer premature deaths, asthma cases, and lost work and school days. The standards announced today will ensure that power companies use modern, cost-effective technologies to reduce pollution and protect the health and wellbeing of communities, including communities historically overburdened by pollution.
 
The Department of Energy (DOE) is announcing up to $331 million through President Biden’s Bipartisan Infrastructure Law for a new transmission line that will be built with union labor – the latest awards from the Administration’s $30 billion investment in strengthening America’s electric grid infrastructure. A capacity contract from the Transmission Facilitation Program (TFP) will support a new 285-mile transmission line from Idaho to Nevada, bringing more than 2,000 Megawatts of needed transmission capacity to the region. The Southwest Intertie Project-North is expected to provide hundreds of jobs to workers with the International Brotherhood of Electrical Workers.
 
Alongside this critical investment, DOE is releasing a final rule to make federal permitting of new transmission lines more efficient, ensuring meaningful engagement with Tribes, local communities, and other stakeholders. The rule establishes the Coordinated Interagency Transmission Authorization and Permits (CITAP) program, which aims to improve coordination across agencies, create efficiencies, and establish a standard two-year timeline for federal transmission authorizations and permits. The CITAP program gives transmission developers a new option for a more efficient review process, a major step to provide increased confidence for the sector to invest in new transmission lines.
 
DOE is also issuing a final rule to create an even faster track for completing environmental reviews of upgrades to existing transmission lines, which will increase reliability and lower energy costs. The rule creates a categorical exclusion, the simplest form of review under the National Environmental Policy Act, for projects that use existing transmission rights of way, such as reconductoring projects, as well as for solar and energy storage projects on already disturbed lands.
 
Additionally, today, the Administration is launching an effort to mobilize public and private sector leaders to expand the capacity of the existing U.S. transmission network, setting an ambition to upgrade 100,000 miles of transmission lines over the next five years. The Administration has made funding available through the Grid Resilience and Innovation Partnership (GRIP) program to support upgrades to existing transmission lines, and DOE’s categorical exclusion issued today will speed up the process to upgrade existing lines. The power sector can achieve this ambition primarily by deploying modern grid technologies like high-performance conductors and dynamic line ratings that enable existing transmission lines to carry more power. As a complement to building new lines, deploying solutions like these offer fast and cost-effective ways to unlock hundreds of gigawatts of additional clean energy, increase system reliability and resilience, reduce grid congestion, and cut energy costs.
 
These efforts all work in tandem – historic investments from President Biden’s Investing in America agenda that are making America a magnet for clean energy investment; continued permitting progress to get projects up and running; and smart standards to provide rules of the road for power companies, enabling them to seize the unprecedented opportunities to deliver clean electricity across the country. These steps – which are part of a broader slate of Earth Week announcements – build on President Biden’s actions since Day One to tackle the climate crisis and advance environmental justice.
 
Upgrading the Electric Grid for Reliability and Resilience
President Biden’s Investing in America agenda is delivering the largest investment in grid infrastructure in history—more than $30 billion from the Inflation Reduction Act and the Bipartisan Infrastructure Law. These investments will help deliver reliable, affordable electricity to families and businesses, prepare for worsening natural disasters that strain the grid, and unlock the economic and environmental benefits of clean energy. To help expand the transmission system at the pace necessary to confront the climate crisis, today’s actions and additional recent steps will help streamline permitting and overcome financial hurdles:
 

  • Completing a New Transmission Line: Today the Department of the Interior (DOI) is celebrating the completion of the Ten West Link transmission line from Arizona to California. The line began transmitting electricity today and will increase reliability and unlock more than 3,200 megawatts of capacity from solar projects. DOI approved the construction of this project in 2022.
     
  • Continuing to Invest in Grid Upgrades: Last week applications closed for up to $2.7 billion in DOE grant funding under the second round of the Grid Resilience and Innovation Partnerships (GRIP) program for projects to upgrade and modernize the transmission and distribution system to increase reliability and resilience. This builds upon $3.46 billion in projects selected for grid upgrades in October 2023, which are funded by President Biden’s Bipartisan Infrastructure Law.
     
  • Charting the Future of the Grid to Meet Emerging Challenges: Last week DOE released the 2024 Future of Resource Adequacy Report to lay out solutions to meet increasing electricity demand while cutting emissions and maintaining affordability. DOE also released the Innovative Grid Deployment Liftoff Report to chart pathways to deployment of modern, commercially available transmission and distribution technologies that could support 20 to 100 gigawatts of peak demand.

Revitalizing U.S. Manufacturing and Securing Clean Energy Supply Chains
Thanks to incentives from President Biden’s Inflation Reduction Act and Bipartisan Infrastructure Law, the clean energy future will be made in America. Under the Biden-Harris Administration, private companies have invested almost $80 billion in clean energy manufacturing. Strengthening U.S. clean energy supply chains not only benefits American workers but also makes it easier to deploy clean energy even faster to cut emissions. Recent actions continue the progress to build and secure domestic supply chains and ensure that the U.S. will lead the world in clean energy manufacturing:
 

  • Expanding U.S. Clean Energy Manufacturing and Creating Good-Paying Jobs: The Treasury Department and DOE recently announced $4 billion in Inflation Reduction Act tax credit allocations for over 100 manufacturing projects across 35 states under the Qualifying Advanced Energy Project Tax Credit (48C). This includes projects to manufacture transformers and grid components, electric vehicle components and chargers, and transmission cables, produce clean steel, and process critical minerals and materials. These allocations include $1.5 billion for projects in historic energy communities that have experienced closure of coal mines and power plants.
     
  • Securing the U.S. Nuclear Fuel Supply Chain: Last week, DOE announced several milestones on the path to establish a domestic fuel supply chain for nuclear energy and reduce our reliance on imports. DOE recently closed the requests for proposal to purchase high-assay low-enriched uranium (HALEU) needed for advanced nuclear reactors, which is part of a $700 million program secured through the Inflation Reduction Act. Moreover, an enrichment plant (located in Piketon, Ohio) produced the first 100 kilograms of civilian HALEU ever in the United States with future plans to expand to 900 kilograms. U.S. capabilities will increase further thanks to an additional $2.7 billion made available from the Bipartisan Infrastructure Law in the Fiscal Year 2024 Energy and Water Development, which, when paired with $2.2 billion from France and the United Kingdom meets and exceeds a commitment made last fall at COP28 to pool funds to develop a safe and secure global supply chain.

 
Deploying Clean Energy to Meet America’s Power Needs
The President’s Investing in America agenda has unleashed unprecedented investment in deployment of clean energy technologies, attracting hundreds of billions of dollars in private sector investment and creating over 270,000 new clean energy jobs. The Administration is taking additional steps to accelerate buildout of clean energy and remove roadblocks to deployment to ensure that new clean energy resources can come online fast to meet growing demand. Recent actions include:
 

  • Accelerating Offshore Wind Deployment: Yesterday DOI announced plans for the next five years of offshore wind leasing, as well as a final rule to modernize offshore wind regulations. Over the next 20 years, the final rule is expected to result in cost savings of roughly $1.9 billion to the offshore renewable energy industry, savings that can be passed onto consumers or used to invest in additional job-creating clean energy projects.  Additionally, DOE released the Offshore Wind Liftoff Report, charting a path to success for the next wave of projects through continued innovation and cost reductions, along with DOE’s latest steps to support offshore wind manufacturing and transmission development.  Through these actions, the Biden-Harris Administration continues to support state leadership and use every tool available to responsibly grow an American offshore wind industry that will create thousands of good-paying jobs, including federal investments and approvals under President Biden’s leadership of 10 gigawatts of commercial-scale offshore wind projects, with the first two already providing power to the grid, as well as over 1 million acres newly leased to provide offshore wind opportunities for years ahead.
     
  • Promoting Development of Renewable Energy on Public Lands: This month DOI issued a final rule to reduce fees for solar and wind projects on public lands by 80 percent and announced that DOI has now permitted more than 25 gigawatts of clean energy projects on public lands, surpassing a major milestone ahead of 2025.
     
  • Speeding Up Process to Connect New Power Plants to the Grid: Last week DOE released the Transmission Interconnection Roadmap, a first-of-its-kind report laying out solutions to accelerate the process to connect clean energy projects to the grid and reduce wait times for new solar, wind, and battery projects. The Roadmap complements $10 million that DOE recently made available for analytical tools and other approaches to accelerate the interconnection process. Additionally, the Federal Energy Regulatory Commission is moving forward to implement a series of major transmission reforms, including a final rule to streamline the interconnection process.
     
  • Taking Advantage of Extensive Geothermal Energy Resources:  Last week DOI adopted categorical exclusions to expedite the review and approval of geothermal energy exploration on public lands. In addition, DOE recently released a new Pathways to Commercial Liftoff report on geothermal power, which showed how U.S. geothermal energy production could grow by a factor of 20 to 90 Gigawatts by 2050.
     
  • Improving the State and Local Renewable Energy Siting Process: Last week DOE opened a funding opportunity for state-based collaboratives to build capacity to improve renewable energy planning and siting processes. This funding, supported by the Inflation Reduction Act, will accelerate the siting process to bring renewable energy online faster while improving outcomes for host communities, local governments, and disadvantaged communities.

 
Ensuring All Communities Benefit from Clean Energy
From Day One, President Biden has prioritized ensuring that all communities benefit from clean energy deployment, including the energy communities and workers that have powered our nation for generations and the low-income households that are burdened with high energy bills. The Administration has followed through on these commitments—not just talking about coal and power plant communities but investing in them. The President’s Investing in America agenda is creating good-paying and union jobs in energy communities, bringing solar energy to low-income households to reduce energy bills, supporting community engagement and improved outcomes for state and local permitting, and increasing grid reliability and resilience through distributed energy solutions. The President’s Justice40 Initiative sets a goal that 40% of the overall benefits of certain federal in climate, clean energy, and other investments flow to disadvantaged communities that have been marginalized by underinvestment and overburdened by pollution. Recent actions continue this progress:
 

  • Reducing Energy Bills for Low-Income Households: This week the EPA announced $7 billion to deploy solar energy for low-income communities through the Solar for All program, funded by the Inflation Reduction Act. The 60 selections will provide funding to support 60 states, territories, Tribal governments, municipalities, and nonprofits to enable low-income and disadvantaged communities to benefit from solar, cutting annual electricity bills by more than $350 million for low-income households, creating an estimated 200,000 jobs, and increasing grid reliability.
     
  • Deploying Clean Energy in Energy Communities: DOE recently announced up to $475 million for five projects in Arizona, Kentucky, Nevada, Pennsylvania, and West Virginia to accelerate clean energy deployment on current and former mine lands. The projects, supported by President Biden’s Bipartisan Infrastructure Law, will deploy geothermal, pumped-storage hydropower, solar, and battery storage and will spur new economic opportunities in communities that have helped power the nation for generations.
     
  • Building Opportunities for Coal and Power Plant Communities to Continue Powering America: DOE recently released an information guide and technical study for communities and stakeholders who are considering replacing their coal plants with nuclear. Coal-to-nuclear transition can significantly reduce the cost of nuclear plant construction, while creating new high-paying jobs, increasing community income and revenue, and improving public health. DOE’s study found that, with adequate planning and training support, most workers at an existing coal plant should be able to transition to work at a replacement nuclear plant.
     
  • Building a National Network to Finance Local Clean Energy Projects: This month the EPA announced $20 billion in grant awards under two competitions from the Greenhouse Gas Reduction Fund to create a national network to fund tens of thousands of climate and clean energy projects across America, especially in communities historically left behind and overburdened by pollution. One selectee, the Green Bank for Rural America, will help bring clean energy to rural America and energy communities, with a particular focus on Appalachia, helping ensure that the communities that have powered the nation for a century do not get left behind in the energy transition.
     
  • Funding Microgrids for Tribal Communities:  DOE recently announced a $72.8 million conditional commitment to fund a solar-plus-storage microgrid on the Tribal lands of the Viejas Band of the Kumeyaay Indians. This will reduce the cost of energy, power local commercial business, create 250 construction jobs prioritizing Tribal, minority and veteran-owned contractors, and enhance the Tribal energy sovereignty.
     

Advancing Environmental Justice: Through the Justice40 Initiative, 518 programs across 19 federal agencies are being reimagined and transformed to ensure the benefits reach the communities that need them most. Federal agencies are making this happen with the Climate and Economic Justice Screening Tool, which is used to identify communities that benefit from the Justice40 Initiative.

Climate Action, Climate Change, Energy, Environment, New York State politics, News & Photo Features

NYS Announces Nation’s Biggest Investment in Renewable Energy: 3 Offshore Wind, 22 Land-Based Renewable Projects to Power 2.6M Homes

Long Islanders have been protesting, pleading, rallying for offshore windpower for years. Here, rallying outside Long Island Power Authority’s offices in May, 2016. Governor Kathy Hochul has just announced the largest state investment in renewable energy in US history, demonstrating New York’s leadership in advancing the clean energy transition. The conditional awards include three offshore wind and 22 land-based renewable energy projects totaling 6.4 gigawatts of clean energy, enough to power 2.6 million New York homes and deliver approximately 12 percent of New York’s electricity needs once completed.  © Karen Rubin/news-photos-features.com

Three Offshore Wind and 22 Land-Based Renewable Energy Projects Totaling 6.4 Gigawatts Will Power 2.6 Million New York Homes and Deliver 12 Percent of New York’s Electricity Needs in 2030  

Projects Expected to Create Approximately 8,300 Family-Sustaining Jobs and Bring $20 Billion in Economic Development Investments Statewide, Including Developer-Committed Investments to Support Disadvantaged Communities 

Advances the Nation’s First Offshore Wind Blade and Nacelle Manufacturing Facilities with the State Committing $300 Million and Attracting an Additional $668 Million in Private Funding

Supports Progress Toward New York’s Climate Act Goal to Obtain 70 Percent of the State’s Electricity from Renewable Sources by 2030 

79 Percent of New York’s 2030 Electricity Needs to be Met with Renewable Energy

Governor Kathy Hochul has announced the largest state investment in renewable energy in United States history, demonstrating New York’s leadership in advancing the clean energy transition. The conditional awards include three offshore wind and 22 land-based renewable energy projects totaling 6.4 gigawatts of clean energy, enough to power 2.6 million New York homes and deliver approximately 12 percent of New York’s electricity needs once completed. When coupled with two marquee offshore wind blade and nacelle manufacturing facilities, this portfolio of newly announced projects is expected to create approximately 8,300 family-sustaining jobs and spur $20 billion in economic development investments statewide, including developer-committed investments to support disadvantaged communities.

The announcement supports progress toward New York’s goal for 70 percent of the state’s electricity to come from renewable sources by 2030 – and nine gigawatts of offshore wind by 2035 – on the path to a zero-emission grid as required by the Climate Leadership and Community Protection Act. Following these awards, New York will now have enough operating, contracted, and under development renewable energy projects to supply 79 percent of the state’s 2030 electricity needs with renewable energy.

“New York continues to set the pace for our nation’s transition to clean energy,” Governor Hochul said. “An investment of this magnitude is about more than just fighting climate change – we’re creating good-paying union jobs, improving the reliability of our electric grid, and generating significant benefits in disadvantaged communities. Today, we are taking action to keep New York’s climate goals within reach, demonstrating to the nation how to recalibrate in the wake of global economic challenges while driving us toward a greener and more prosperous future for generations to come.”  

U.S. Secretary of Energy Jennifer M. Granholm said, “The Department of Energy applauds the significant step that this announcement represents for building an offshore wind energy industry here in the U.S. that revitalizes domestic manufacturing and coastal economies, while advancing our clean energy future. New York is showing President Biden’s Investing in America agenda at work, and DOE looks forward to continued collaboration on project deployment, development of a robust domestic supply chain along with transmission development to help realize both our state and federal offshore wind goals.”

Once in service, the awarded offshore wind and land-based renewable energy projects will: 

  • Produce approximately 19 million megawatt-hours of new renewable energy per year, enough to power more than 2.6 million New York homes. 
  • Reduce greenhouse gas emissions by 9.4 million metric tons annually, the equivalent of taking more than 2 million cars off the road every year. 
  • Provide public health benefits resulting from reduced exposure to harmful pollutants—including fewer episodes of illness and premature death, fewer days of missed school or work, less disruption of business, and lower health care costs.
  • Deliver a host of benefits to disadvantaged communities in line with the Climate Act goals, with over $3.5 billion in commitments to disadvantaged communities made by developers.

New York State Energy Research and Development Authority President and CEO Doreen M. Harris said, “This latest and largest round of large-scale renewable energy awards is further proof that New York is, and will continue to be, a place where the renewable energy sector can thrive. This cohort of large-scale renewable energy projects reflect New York’s longstanding and ongoing priority to responsibly advance the most cost-competitive and economically viable clean energy projects in a manner that is timely and maximizes benefits for all New Yorkers.” 

Today’s announcement represents the first set of actions taken by the State as part of New York’s 10-point Action Plan, announced recently by Governor Hochul, offering insight into how the Governor’s Administration plans to overcome recent macroeconomic and inflationary challenges that have impacted the renewable energy sector. Today’s awards also mark the commencement of contract negotiations with the awarded parties, and the awards are conditional on successful contract execution. 

Demonstrating the State’s commitment to ensuring these projects create quality, family-sustaining jobs for New Yorkers, the contracts upon full execution will include commitments to purchase certain minimum amounts of U.S. iron and steel and prevailing wage provisions for all laborers, workers, and mechanics performing construction activities. In addition, offshore wind project developers will be required to negotiate Project Labor Agreements among their construction contractors and a building and construction trade labor organization representing craft workers for the construction of the new renewable energy generation resources. 

The Nation’s Largest-Ever State Investment in Offshore Wind
In the most competitive offshore wind solicitation in the U.S., NYSERDA has selected three new offshore wind projects totaling 4,032 megawatts (MW) of clean energy which is expected to displace over 7 million metric tons of CO2 annually, equivalent to removing 1.6 million cars from the road each year. Additionally, the awarded projects will bring more than $15 billion in anticipated in-state spending and create more than 4,200 family sustaining jobs across Long Island, New York City and the Capital Region over the 25-year lifespan of the projects. 

The three offshore wind projects include: 

  • Attentive Energy One (1,404 MW) developed by TotalEnergies, Rise Light & Power and Corio Generation. The project includes a novel fossil repurposing plan in Queens, which seeks to retire fossil fuel power generation in the heart of New York City and transition the current workforce to clean energy jobs.  
  • Community Offshore Wind (1,314 MW) developed by RWE Offshore Renewables and National Grid Ventures. The project includes utilization of new grid interconnection being developed by Con Edison in downtown Brooklyn, made possible by the Public Service Commission Order Approving Cost Recovery for Clean Energy Hub to maximize delivery of clean electricity into New York City.  
  • Excelsior Wind (1,314 MW) developed by Vineyard Offshore (Copenhagen Infrastructure Partners). The project includes proposed cable route options providing robust energy deliverability to Long Island, leveraging the electric grid expansion provided through the Long Island Public Policy Transmission Need outcome. 

Together, these projects will bring tremendous benefits to New York’s economy, workforce, and environment, including: 

  • More than $85 million to support wildlife and fisheries research, mitigation, and enhancement. 
  • Nearly $300 million in commitments to Minority and Women Owned Business Enterprises (MWBEs) and Service-Disabled Veteran Owned Businesses (SDVOBs). 
  • Over $100 million in commitments to train New York’s workforce to build and service offshore wind projects. 
  • Billions of dollars in public health benefits resulting from reduced exposure to harmful pollutants—including fewer episodes of illness and premature death, fewer days of missed school or work, less disruption of business, and lower health care costs.    

These projects employ a mix of flexible and innovative transmission designs, including a reduced footprint in transmitting energy from offshore wind projects to New York City through high voltage direct current (HVDC) and adaptable “Meshed-Ready” offshore electrical substations. The three offshore wind projects are anticipated to enter commercial operation in 2030. The average bill impact for customers over the life of the projects will be approximately 2.73 percent, or about $2.93 per month. The average all-in development cost of the awarded offshore wind projects over the life of the contracts is $96.72 per megawatt-hour.

Delivering on Governor Hochul’s commitment to make New York State a hub for the U.S. offshore wind supply chain, this procurement includes continued support for offshore wind turbine manufacturing, which leverages over $2 in privately committed capital for every $1 of New York public funding. 

NYSERDA is also awarding $300 million in state investment to enable the development of two supply chain facilities including nacelle manufacturing and assembly by GE Vernova, along with blade manufacturing developed by LM Wind Power Blades USA, both planned for New York’s Capital Region.  

This investment has the capacity to supply almost one-third of the total regional demand for offshore wind by 2035, which will unlock $968 million in public and private funding, create 1,700 direct and indirect jobs backed by prevailing wage and project labor agreements, and result in over $3 billion in direct spending in the State. Additionally, these projects also align with available federal tax credits, enabling future savings to New York’s ratepayers. 


New York’s Land-Based Renewable Energy Procurement
In addition, New York also announced its latest round of conditional land-based large-scale renewable awards, which are comprised of 14 new solar projects, six wind repowering projects, one new wind project, and one return-to-service hydroelectric project, totaling a combined 2,410 megawatts – enough new renewable generation to power over 560,000 New York homes annually for at least 20 years. These projects are expected to spur over $4 billion in direct investments and create over 4,100 good-paying short- and long-term jobs across New York State. 

The projects by region include:

Central New York 

  • Oxbow Hill Solar: Cypress Creek Renewables will build a 140-megawatt solar facility in the Town of Fenner, Madison County. 

Finger Lakes 

  • Gravel Road Solar: Delaware River Solar will build a 128-megawatt solar facility in the Towns of Tyre and Seneca Falls, Seneca County. 
  • Hatchery Solar: VC Renewables, LLC will build a 19.99-megawatt solar facility in the Town of Caledonia, Livingston County. 
  • SunEast Hampton Corners Solar: Cordelio Power will build a 19.99-megawatt solar facility in the Town of Groveland, Livingston County. 
  • SunEast Niagara Solar: Cordelio Power will build a 19.99-megawatt solar facility in the Town of Caledonia, Livingston County. 
  • White Creek Solar, LLC: AES will build a 135-megawatt solar facility in the Towns of York and Leicester, Livingston County. 
  • Hemlock Ridge Solar: AES will build a 200-megawatt solar facility in the Towns of Barre and Shelby, Orleans County. 
  • Valcour Bliss Windpark: AES will repower a 100.5-megawatt wind facility in the Town of Eagle, Wyoming County. 
  • Valcour Wethersfield Windpark: AES will repower a 126-megawatt wind facility in the Town of Wethersfield, Wyoming County. 

Mohawk Valley 

  • Dolgeville Hydro: Energy Ottawa NY Generation Ltd. will continue operations for a 5-megawatt hydroelectric facility in the Town of Dolgeville, Herkimer County. 
  • SunEast Millers Grove Solar: Cordelio Power will build a 19.99-megawatt solar facility in the Town of Schuyler, Herkimer County. 

North Country 

  • North Country Wind: Terra-Gen Development Company, LLC will build a 298.2-megawatt wind facility in the towns of Burke and Chateaugay, Franklin County. 
  • Riverside Solar: AES will build a 100-megawatt solar facility in the Towns of Lyme and Brownville, Franklin County. 
  • SunEast Morris Solar: Cordelio Power will build a 19.99-megawatt solar facility in the Town of Gouverneur, St. Lawrence County. 
  • Valcour Altona Windpark: AES will repower a 97.5-megawatt wind facility in the Town of Altona, Clinton County. 
  • Valcour Chateaugay Windpark: AES will repower a 106.5-megawatt Wind facility in the Town of Chateaugay, Franklin County. 
  • Valcour Clinton Windpark: AES will repower a 100.5-megawatt Wind facility in the Town of Clinton, Clinton County. 
  • Valcour Ellenburg Windpark: AES will repower an 81-megawatt Wind facility in the Town of Ellenburg, Clinton County. 

Southern Tier 

  • Clear View Solar: VC Renewables, LLC will build a 19.99-megawatt Solar facility in the Town of Cohocton, Steuben County. 
  • Stonewall Solar: Nexamp will build a 145-megawatt solar facility co-located with 20 megawatts of energy storage in the Town of Meredith, Delaware County. 

Western New York 

  • Somerset Solar: Somerset Solar, LLC will build a 125-megawatt solar facility in the Town of Somerset, Niagara County. 

Outside of New York 

  • Mineral Basin Solar: Swift Current Energy will build a 401.6-megawatt solar facility in the Townships of Girard and Goshen, Clearfield County, Pennsylvania, and will deliver energy into the New York electric grid. 

The average bill impact for customers over the life of the projects will be approximately 0.31 percent, or about $0.32 per month. The average all-in development cost of the awarded Tier 1 projects over the life of the contracts is $60.93 per megawatt-hour. Importantly, these projects are prioritizing benefits to disadvantaged communities in line with the State’s Climate Act, with over $108 million in commitments to disadvantaged communities made by developers as part of their proposals to NYSERDA. These projects are also expected to result in over $38 million in commitments in spending to MWBEs and SDVOBs. 

The State will continue to emphasize and enhance engagement with the communities where the projects are being developed. NYSERDA offers resources and no-cost technical assistance to help local governments understand how to manage responsible clean energy development in their communities, including step-by-step instructions and tools to guide the implementation of clean energy, including permitting processes, property taxes, siting, zoning, and more. 

Long Island Power Authority Chief Executive Officer Thomas Falcone said, “LIPA proudly stands with Governor Hochul as we make history with this monumental investment in renewable energy. These projects are part of a shared commitment to a sustainable future, directly aligning with LIPA’s vision of delivering clean, reliable, and affordable electricity to our communities. Governor Hochul is transforming how we power New York while creating thousands of jobs in a new industry.”

“New York’s significant investments in offshore wind and renewable energy projects are a testament to Governor Hochul’s commitment in advancing a clean energy economy while reducing greenhouse gas emissions to benefit the state’s communities,” New York State Department of Environmental Conservation Commissioner Basil Seggos said. “I applaud the Governor for continuing to address the challenges of climate change with the wind, solar, and hydro projects announced today that are helping ensure a greener, more prosperous, and equitable future for all New Yorkers.”

New York State Department of Labor Commissioner Roberta Reardon said,“Under Governor Hochul’s leadership, this monumental investment not only propels New York to the forefront of the renewable energy sector but promises thousands of family-sustaining jobs across our state. As we work towards a sustainable future, we’re committed to ensuring that every New Yorker reaps the economic benefits of this initiative, especially our disadvantaged communities.”

Representative Paul Tonko said, “I have always believed in the potential for New York to play a leading role in offshore wind and clean energy development and have pushed hard at the federal level to advance policy and investment that grows out this industry. Today’s announcement is a realization of that vision. This next chapter in the storied history of skilled labor and innovation in our area will bring hundreds of good paying green jobs to the Capital Region while advancing our clean energy future and protecting our environment for generations to come. I look forward to closely working with our state and commercial partners to make these bold plans a reality and I will never stop working to secure our clean energy future and create the jobs of tomorrow.”

“Today marks a key milestone for solar, wind and renewable energy projects that will not only help New York reach its sustainability goals, but also create thousands of good paying, union careers for our hardworking tradesmen and tradeswomen,” New York State Building Trades President Gary LaBarbera said. “This historic investment will brighten our clean energy future and the improve the lives of all New Yorkers, including those who will now have the opportunity to work on these projects, support their families and pursue a more accessible path to the middle class. We applaud Governor Hochul for her continued commitment to streamlining clean energy initiatives, all while uplifting working class New Yorkers.”

New York State AFL-CIO President Mario Cilento said, “I thank Governor Hochul for this historic investment that will help us combat climate change, and ultimately win that battle while creating solid, middle-class, union jobs right here in New York State. It is the next step to ensuring that New York’s clean energy future is built, operated, and maintained by a highly trained and highly skilled union workforce. We look forward to continuing to work with the governor to address climate change while creating and preserving family-sustaining union jobs.”

Long Island Federation of Labor, AFL-CIO President John Durso said, “We look forward to working with the governor and her team as we move the offshore wind industry forward, creating good union jobs that will not only power Long Island’s economy but also make an historic commitment to our environment. The Long Island Federation of Labor, as a crucial partner, plays a pivotal role in ensuring the success of offshore wind development, with our expertise and dedication, in bolstering the growth of the industry while safeguarding the interests of our workforce.”

“Today’s announcement is clearly indicative of Governor Hochul’s intent to move forward with a thriving offshore wind industry,” IBEW Local Union #3 Business Manager Christopher Erikson said. “This commitment includes labor protections for working men and women, the guaranteeing of good wages, the inclusion of PLA’s and workforce development for both the construction trades and supply chain employers. This is good for New Yorkers, our employers, our environment, and the health of generations to come.”

Alliance for Clean Energy New York Executive Director Anne Reynolds said, “New contracts for 22 wind, solar, and hydroelectric projects, plus for three major offshore wind energy projects, is good news for New York’s environment and electricity system. Building these projects will mean construction jobs for laborers, electricians, and other building trades, as well as cleaner air for New Yorkers. The renewable energy industry welcomes today’s announcements and looks forward to continuing to work with the state of New York on its ambitious energy transition.”

New York Offshore Wind Alliance Director Fred Zalcman said,“Today’s announcement by the Governor, awarding three contracts for more than 4,000 MW of offshore wind generation, shows that New York is prepared to double down on this clean, renewable and job-creating resource, and will go a long way towards instilling confidence in a market that has recently faced tremendous headwinds.

New York League of Conservation Voters President Julie Tighe said, “As the climate crisis bears down on us and the health of our population and planet continue to suffer the damaging effects of burning fossil fuels, we can no longer afford to just talk about renewable energy, we need to deliver real projects on the ground. The awarding of an additional 6.2 GW of wind, solar, and hydro power is a big step to meeting the state’s renewable energy goals and a major win for public health and the environment. We applaud Governor Hochul and NYSERDA President Doreen Harris for going big in the latest round of renewable energy procurements.”

Citizens Campaign for the Environment Executive Director Adrienne Esposito said, “Climate change impacts have continued to assault New York this year with more flooding in New York City subways, mud slides in Westchester and significant erosion along Fire Island and Long Island’s south shore.  Now is the time to act! Transitioning to renewable energy is the primary action we need to take to fight climate change.  Today’s announcement establishes a pivotal turning point in advancing green energy in our state. We are excited and hopeful that New York will lead the way for our Nation to act just as vigorously and decisively as New York.  We applaud Governor Hochul and NYSERDA for this historic action which will not only fight climate change, but also result in cleaner air, healthier communities and uplift our economy.”

President of the Building and Construction Trades Council of Nassau and Suffolk Counties, and President of the National Offshore Wind Training Center Matthew Aracich said,”Here is another shining example by Governor Hochul honoring her pledge to advance the offshore wind industry here in NY. The magnitude of these projects will undoubtedly spur economic growth that will reverberate throughout the state and simultaneously provide a true pathway to the middle class. The work mentioned in today’s announcement allows skilled labor’s registered apprenticeship training programs to grow at an unprecedented rate and holds the key to maintaining a vibrant future for the Long Island Region. When we build green energy projects at a scale necessary, we eliminate our dependence on fossil fuels as quickly as possible.”

New York State’s Nation-Leading Climate Plan
New York State’s nation-leading climate agenda calls for an orderly and just transition that creates family-sustaining jobs, continues to foster a green economy across all sectors and ensures that at least 35 percent, with a goal of 40 percent, of the benefits of clean energy investments are directed to disadvantaged communities. Guided by some of the nation’s most aggressive climate and clean energy initiatives, New York is on a path to achieving a zero-emission electricity sector by 2040, including 70 percent renewable energy generation by 2030, and economywide carbon neutrality by mid-century. A cornerstone of this transition is New York’s unprecedented clean energy investments, including more than $55 billion in 145 large-scale renewable and transmission projects across the state, $6.8 billion to reduce building emissions, $3.3 billion to scale up solar, more than $1 billion for clean transportation initiatives, and over $2 billion in NY Green Bank commitments. These and other investments are supporting more than 165,000 jobs in New York’s clean energy sector in 2021 and over 3,000 percent growth in the distributed solar sector since 2011. To reduce greenhouse gas emissions and improve air quality, New York also adopted zero-emission vehicle regulations, including requiring all new passenger cars and light-duty trucks sold in the State be zero emission by 2035. Partnerships are continuing to advance New York’s climate action with nearly 400 registered and more than 100 certified Climate Smart Communities, nearly 500 Clean Energy Communities, and the State’s largest community air monitoring initiative in 10 disadvantaged communities across the state to help target air pollution and combat climate change. 

Biden Administration, Climate Action, Economic Development, Energy, Jobs, News & Photo Features

FACT SHEET: Bidenomics is Boosting Clean Energy Manufacturing for Offshore Wind and Creating Good-Paying American Union Jobs and Advancing a Clean-Energy Economy

Peoples Climate March, Washington DC April 29, 2017. President Biden is making historic investments in transitioning to a clean energy future, against opposition by Republicans © Karen Rubin/news-photos-features.com

President Biden visited Philly Shipyard, where union workers are building a new offshore wind vessel as part of continued manufacturing boom—while Republicans in Congress voted to repeal the Inflation Reduction Act and continue to try to block clean energy progress. This is a fact sheet from the White House on how Bidenomics is boosting clean energy manufacturing for offshore wind, which is creating well-paying union jobs in America that cannot be outsourced, while advancing the transition to a clean-energy economy to stem the existential impacts of climate change—Karen Rubin/news-photos-features.com 

President Biden’s economic agenda—Bidenomics— is fueling America’s clean energy future, creating American-made products in American factories with American workers, and attracting more than $500 billion in private sector manufacturing and clean energy investments, including in the offshore wind industry. President Biden visited Philadelphia, Pennsylvania for a steel-cutting ceremony at the Philly Shipyard for the first offshore wind vessel of its kind to be Made in America and Jones Act compliant, employing over 1,000 workers across nine unions to build the vessel, using steel plates made by the United Steelworkers in Indiana, and generating an estimated $125 million of U.S. economic activity each year. This project is another example of how Bidenomics is growing the economy from the middle out and the bottom up.
 
Under President Biden’s leadership, the American offshore wind industry is rapidly expanding—creating good-paying union jobs across the manufacturing, shipbuilding, and construction sectors. Since President Biden took office, companies have announced 18 offshore wind shipbuilding projects as well as investments of nearly $3.5 billion across 12 manufacturing facilities and 13 ports to strengthen the American offshore wind supply chain, representing thousands of new jobs. New data released shows there are more than 4,100 companies in all 50 states that are looking to support the U.S. offshore wind industry, up 54% since President Biden signed the Inflation Reduction Act.

President Biden also announced the first-ever Gulf of Mexico offshore wind lease sale. This is the latest in a broad set of actions by the Biden-Harris Administration to build 30 gigawatts of offshore wind projects by 2030—enough to power more than 10 million homes with clean energy. A key pillar of Bidenomics, President Biden’s Investing in America agenda will help create offshore wind jobs across the country, including through tax credits from the Inflation Reduction Act to support Made in America wind turbines and ships.

However, if Republicans in Congress had their way, their states would have lost out on billions of dollars in investments, jobs, and opportunity. In Pennsylvania alone, companies have committed to invest approximately $2 billion in manufacturing and clean energy investments since President Biden took office. Yet nearly every Republican Member of the House voted again to overturn the Inflation Reduction Act’s clean energy tax credits in April 2023—doubling down on their opposition at a time when manufacturers were investing in their state.
 
Bidenomics is Catalyzing America’s Clean Energy and Offshore Wind Industry

As part of President Biden’s historic actions to build a clean energy economy, the Biden-Harris Administration has jumpstarted an American offshore wind industry that will strengthen the nation’s energy security, make the power grid more reliable while lowering energy costs, and reduce dangerous climate pollution. The Biden-Harris Administration’s actions to advance responsible offshore wind deployment are creating opportunities up and down the supply chain. A report released today by the Business Network for Offshore Wind shows the immense growth of the U.S. offshore wind industry since President Biden took office, with the Inflation Reduction Act catalyzing further progress:

  • Since January 2021, investments in the U.S. offshore wind industry have quadrupled from $5 billion to $21.6 billion, including growth of $7.7 billion since President Biden signed the Inflation Reduction Act. These totals reflect investments across specific project lease areas as well as the supply chain, port and transmission infrastructure, and workforce development needed to support the industry.
     
  • More than 4,100 companies across all 50 states have joined a supplier registry to express interest in providing components and services to the offshore wind industry—169% growth since President Biden took office and up 54% since he signed the Inflation Reduction Act.
     
  • The U.S. offshore wind industry now includes nearly 1,500 contracts for work in the growing American market, growth of 272% since President Biden took office and up 47% since he signed the Inflation Reduction Act, with 90% of these contracts going to companies that are either U.S. headquartered or have a U.S. presence.
     

This nationwide growth reflects jobs up and down the offshore wind supply chain and across the country. For example, today’s steel-cutting ceremony at the Philly Shipyard launches the construction of the Acadia, the first-ever Jones Act compliant vessel for offshore wind subsea rock installation—a contract that was announced as a direct result of the Administration’s clean energy agenda. This vessel will be crewed by American mariners and take rocks from American quarries to protect the foundations of offshore wind projects that produce American clean energy. Additional supply chain progress includes:

  • New and expanded ports and manufacturing facilities: Today the Department of Energy (DOE) published an updated map of offshore wind supply chain investments announced just since President Biden took office, including nearly $3.5 billion across 12 manufacturing facilities and 13 ports—representing major new economic opportunities across not just the East Coast, but also in the Midwest and along the Gulf of Mexico and West Coast. Under President Biden, the Department of Transportation’s Maritime Administration (MARAD) has awarded more than $100 million for port projects to support offshore wind development, through the Port Infrastructure Development Program expanded by the Bipartisan Infrastructure Law.
     
  • Vessel construction across multiple states: Since President Biden took office, companies have also announced investments to build 18 offshore wind vessels across states including Florida, Louisiana, New York, Massachusetts, Michigan, Rhode Island, and Wisconsin. Last year, MARAD announced the designation of offshore wind vessels as Vessels of National Interest for priority consideration under the Federal Ship Financing Program. Since then, MARAD has received and advanced reviews of applications for a variety of offshore wind vessel types.
     
  • Steel manufacturing boosts to support offshore wind industry: Recent announcements include an investment of $145 million to upgrade a steel facility in Mingo Junction, Ohio—following previously announced upgrades of $260 million for a steel plate mill in Baytown, Texas—to serve the offshore wind industry and the broader clean energy industry; a new advanced component steel facility in Baltimore that will construct and assemble offshore wind components using steel prefabricated at Maryland facilities; and an additional contract for a facility in western New York to provide specialized structural steelwork for the Revolution Wind and South Fork Wind projects. 

 
Earlier this year at the International Offshore Wind Partnering Forum in Baltimore, White House National Climate Advisor Ali Zaidi outlined ten ways the Administration is making progress toward the goal of deploying 30 gigawatts of offshore wind energy by 2030. Recent progress made by the Biden-Harris Administration toward this goal includes:

  • New Lease Areas: Today the Department of the Interior (DOI) is issuing the final sale notice for the first-ever offshore wind lease sale in the Gulf of Mexico, which will take place on August 29. This historic sale—with enough clean energy potential to power almost 1.3 million homes—will include one lease area of 102,480 acres offshore Lake Charles, Louisiana, and two lease areas totaling nearly 200,000 acres offshore Galveston, Texas. This sale will follow the Administration’s offshore wind sales in the New York Bight, Carolina Long Bay, and northern and central California, as well as yesterday’s announcement that DOI’s Bureau of Ocean Energy Management (BOEM) has completed another step in reviewing a potential offshore wind research lease in the Gulf of Maine.
     
  • Efficient and Responsible Permitting: Earlier this week, BOEM completed environmental analysis of the proposed Revolution Wind project offshore Rhode Island. If approved, it could power more than 300,000 homes with clean energy. This permitting milestone follows BOEM’s final construction approval earlier this month for the nation’s third large-scale offshore wind project, Ocean Wind 1 off the coast of New Jersey, which is expected to create more than 3,000 good-paying jobs. Other recent progress includes draft Environmental Impact Statements for six additional projects: Empire Wind, Sunrise Wind, Coastal Virginia Wind (CVOW), New England Wind, SouthCoast Wind, and Atlantic Shores South. In total, BOEM and cooperating agencies are on track to complete reviews of at least 16 project plans by 2025, representing more than 27 gigawatts of clean energy. The Administration is holding projects to high standards for community engagement and environmental protection, including work by the National Oceanic and Atmospheric Administration (NOAA) to ensure protection of coastal and marine resources, and requiring offshore wind projects to adopt extensive monitoring and mitigation measures that reduce the potential for impacts to protected species.
     
  • Construction Milestones: The nation’s first two large-scale offshore wind projects, approved by the Biden-Harris Administration, are both being built by union labor and achieved “steel in the water” by starting to install foundations last month. These projects will provide a wide range of benefits. For example, Vineyard Wind offshore Massachusetts will create enough clean electricity to power 400,000 homes, save customers $1.4 billion on their utility bills over 20 years, and reduce climate pollution by more than 1.5 million metric tons each year—the equivalent of taking 325,000 gas cars off the road—while creating 3,600 good-paying jobs. South Fork Wind offshore New York is using high-tech cables made in Charleston, South Carolina at a new factory, an electrical substation engineered in Kansas and fabricated in Texas, and a service operations vessel being built at shipyards in Louisiana, Mississippi, and Florida, with components sourced from across 34 states.
Biden Administration, Climate Action, Energy, Environment

FACT SHEET: Biden Proposes New Standards to Protect Public Health that Will Save Consumers Money, Increase Energy Security

President Biden’s Investing in America agenda is expanding domestic manufacturing and accelerating adoption of zero-emission vehicles (ZEV), including battery electric, plug-in hybrid electric, and fuel cell electric vehicles © Karen Rubin/news-photos-features.com

President Biden’s Investing in America Agenda Has Accelerated American Zero Emission Vehicles Production and Positioned the U.S. to Lead the Clean Vehicles Future
 

The Biden-Harris Administration announced new proposed vehicle pollution standards to make all vehicles, including gas-powered cars and heavy-duty trucks, cleaner and more efficient. The proposed standards would protect public health by cutting nearly 10 billion tons of CO2 emissions – twice the annual U.S. emissions today.  They would also save consumers on average $12,000 over the lifetime of a vehicle. And they would strengthen American energy security by reducing reliance on 20 billion barrels of imported oil.

Cars and truck manufacturers have made clear that the future of transportation is electric. The market is moving. Since President Biden took office, the private sector – including the American auto industry – has invested more than $120 billion in the American-made electric vehicle and battery supply chain. The United States can seize this moment to secure American leadership in the global race to a clean transportation future, or let competitors like China out-compete us for the jobs and investments building that future.

As a car enthusiast and self-proclaimed car guy, President Biden is seizing the moment. His Investing in America agenda is expanding domestic manufacturing and accelerating adoption of zero-emission vehicles (ZEV), including battery electric, plug-in hybrid electric, and fuel cell electric vehicles. This is bringing good-paying jobs back home and putting the United States on a bold path to out-compete China in securing the jobs and investments of the future.

The pollution standards proposed today by the Biden-Harris Administration will:

Spur Adoption of Pollution-Reducing Technology for Nearly All Road Vehicles

The Environmental Protection Agency is proposing two new rules to improve public health and combat climate change that will also lower costs for families and create good-paying jobs. The first rule would target emissions of greenhouse gases and smog- and soot-forming pollutants from passenger cars, vans, and light trucks. The second rule would update vehicle emissions standards for greenhouse gas emissions from buses, freight trucks, and other heavy-duty vehicles. This rule builds on the final standards that EPA released in December 2022 for criteria pollutant emissions from heavy-duty vehicles.

The proposed updates would:

  • Protect Public Health. Through 2055, EPA projects that the proposed standards would avoid nearly 10 billion tons of CO2 emissions — equivalent to more than twice the annual U.S. CO2 emissions in 2022.
     
  • Lower Consumer Costs. By leveraging accelerated adoption of technologies that reduce fuel and maintenance costs alongside pollution, the proposed standards would save the average consumer $12,000 over the lifetime of the vehicle. The proposals would also result in approximately $12 billion in reduced reliance on oil imports. Rapid innovation in the automotive sector has driven down the cost of emissions-reducing technology and put us closer to a clean transportation sector.
     
  • Accelerate the Clean Vehicle Transition in Technology-Neutral Way. The EPA’s approach is technology-neutral, meaning that better-designed gas vehicles, hybrids, fuel cell vehicles, and other innovations could all be used to meet stricter standards. But with EV technology getting better and cheaper every day, and consumer demand rising rapidly, many manufacturers would likely rely on fully electric vehicles for compliance. EPA estimates that by 2032, if finalized, the proposed rules could result in electrification of 67% of new sedans, crossovers, SUVs, and light trucks; 50% of new vocational vehicles (such as buses and garbage trucks); 35% of new short-haul freight tractors; and 25% of new long-haul freight tractors.

Reinforce President Biden’s Investing in America Agenda to Continue Building a Clean Transportation Future Made in America

These standards build on the generational investments secured by the Biden-Harris Administration that will ensure our nation’s transportation systems are clean, affordable, equitable, and Made in America. In the first year of his Administration, President Biden set a goal that at least 50 percent of all new passenger cars and light trucks sold in 2030 be zero-emission vehicles. A year later, President Biden joined countries around the world in targeting that 100 percent of all new medium- and heavy-duty vehicles sold in 2040 be zero-emission vehicles, with an interim 30 percent sales target for these vehicles in 2030.

The United States is making strong progress towards these goals. Under President Biden’s watch, the number of available electric models have doubled while the number of electric car sales have tripled. There are over 130,000 public chargers now available across the country – with all 50 states now implementing a historic federal investment to build a new national charging network. The iconic yellow school bus is going green and the U.S. Postal Service is shifting to fully electric. The private sector has committed more than $120 billion into the American-made electric vehicle and battery supply chain in the last two years alone. U.S. capacity to source the critical materials and inputs for this supply chain is also rapidly expanding. Through partnerships with unions and industry, the Administration is lifting up the workers who represent America’s competitive edge – and is ready to take on and tap into the massive economic opportunity embedded in this shift.

This extraordinary progress is propelled in large part by public and private investments made under President Biden’s leadership, including:

  • Nearly $25 billion through the Bipartisan Infrastructure Law to support clean transportation, including by building a national network of EV chargers and alternative-fuel stations; ensuring domestic manufacturers have the materials they need to make EV batteries; and funding clean transit and clean school buses, with priority for underserved communities.
     
  • $6 billion through the Inflation Reduction Act to directly support the clean-vehicle transition, including by extending loans to manufacture clean vehicles and their components in the United States; retooling domestic production lines for clean vehicles; and funding for Tribal, state, and local governments deploy clean heavy-duty vehicles, especially in nonattainment areas.
     
  • More than $120 billion of private investments in EVs and batteries in the United States since President Biden has taken office.

President Biden has also acted to ensure a seamless clean-vehicle transition that benefits all Americans, including by:

  • Securing tax credits that make new and previously owned clean vehicles more affordable to working families.
     
  • Setting national standards to make charging EVs convenient and reliable for all Americans – no matter what car you drive or which state you charge in.
     
  • Approving  EV charging plans for all 50 states, D.C., and Puerto Rico, unlocking over $1.5 billion in initial funding to cover 75,000 miles of highways with Made-in-America EV chargers through the National Electric Vehicle Infrastructure (NEVI) program. DOT also has made available over $700 million in funding to deploy publicly accessible charging and alternative fueling infrastructure in communities across the country.
     
  • Awarding $2.8 billion in funding to 20 companies across 12 states to supercharge U.S. manufacturing of batteries and battery materials.
     
  • Encouraging companies, nonprofits, and others to expand community EV charging, increase consumer understanding about different types of clean transportation, and help consumers access clean-transportation benefits.
     
  • Establishing a Joint Office of Energy and Transportation to work hand-in-hand with States, industry leaders, manufacturers, and other stakeholders.
     
  • Releasing a Rural EV toolkit to help ensure all Americans, regardless of where they live, can benefit from the lower operating costs, reduced maintenance needs, and improved performance that EVs provide.
     
  • Activating the purchasing power of the federal government to procure 100 percent zero-emission light-duty vehicles by 2027 and all vehicles by 2035.
     
  • Launching pathbreaking partnerships, like the Department of Energy’s agreement with AFL-CIO to launch a national workforce development strategy for lithium-battery manufacturing, including pilot programs to train battery manufacturing workers and bolster the domestic battery supply chain.
     
  • Through the White House Talent Pipeline Challenge, International Brotherhood of Electrical Workers (IBEW) has certified 20,000 electricians through Registered Apprenticeships like the Electric Vehicle Infrastructure Training Program (EVITP).

Providing a clear pathway for a continued rise in EV sales and protecting future generations from the impacts of climate change is a win-win for all Americans.

Biden Administration, Climate Action, Climate Change, Energy

FACT SHEET: Biden Administration Continues to Advance American Offshore Wind Opportunities

Two years of progress to catalyze a new clean energy industry, deliver for workers and communities, and protect biodiversity and ocean co-use. The White House provided this fact sheet:
 

Two years ago today, President Biden set a goal of deploying 30 gigawatts of offshore wind electricity generation by 2030—enough to power more than 10 million American homes with clean energy, while creating good-paying jobs in the United States across manufacturing, shipbuilding, port operations, construction, and other sectors. Since then, the Biden-Harris Administration’s transformative actions have jumpstarted the offshore wind industry across the country.
 
Today at the International Offshore Wind Partnering Forum in Baltimore, White House National Climate Advisor Ali Zaidi outlined ten ways the Administration is making progress toward the 2030 goal, and is on a path to 110 gigawatts by 2050. Building on two years of decisive action, today the Administration is making new announcements on offshore wind cost reduction pathways, innovation strategies, and more. Last year alone, American offshore wind investments tripled, with an additional $10 billion that spans across the nation—from factories in the heartland to coastal communities along the Atlantic, Pacific, and Gulf of Mexico. Through the President’s Investing in America agenda, more progress is ahead in the development of stronger supply chains, upgraded infrastructure, and a growing clean energy economy.    

In addition to expanding economic opportunities for American workers and communities, offshore wind deployment will strengthen the nation’s energy security, make the power grid more reliable while lowering costs, and reduce dangerous climate pollution. The Biden-Harris Administration is committed to delivering these benefits by advancing offshore wind development responsibly, in partnership with states, Tribes, coastal communities, and a wide range of stakeholders, with data-driven decisions to protect marine ecosystems and promote ocean co-use.
 
The Administration is supporting offshore wind through actions across the Departments of the Interior, Energy, Commerce, Transportation, and other federal agencies, including these ten key ways:

  1. Wind Energy Areas off Every Coast: The Department of the Interior (DOI) released a first-ever offshore wind leasing strategy, which includes holding up to seven offshore wind lease sales by 2025. This strategy provides two crucial ingredients for success: more certainty for industry, and transparency for stakeholders and ocean users. As part of this strategy, DOI’s Bureau of Ocean Energy Management (BOEM) held historic offshore wind lease sales in the New York Bight, Carolina Long Bay, and northern and central California. In support of potential lease sales in the Gulf of Mexico, Central Atlantic, Gulf of Maine, and offshore Oregon, BOEM is partnering with the National Oceanic and Atmospheric Administration (NOAA) on advanced spatial modeling to identify sites with the fewest conflicts and environmental impacts. President Biden’s Inflation Reduction Act provides opportunities for offshore wind lease sales off the coasts of Florida, Georgia, South Carolina, North Carolina, and the U.S. Territories.
     
  2. Investing in Workers and Communities: To advance renewable development of the outer continental shelf, DOI has introduced innovative provisions to support workforce training and union-built projects, domestic supply chain development, and community benefit agreements—including with Tribes and stakeholder groups. The Department of Energy (DOE) has charted a path to grow and train an American workforce to fill tens of thousands of jobs across the offshore wind industry. Efforts to help more communities share in offshore wind opportunities include Department of Commerce economic development grants; BOEM collaborations to deliver benefits to disadvantaged communities; and DOE funding for social science and capacity building to help communities more effectively participate in and capture benefits from offshore wind energy development.
     
  3. Made in America Supply Chains: The Administration is working to swiftly implement the Inflation Reduction Act’s historic suite of clean energy tax credits, including a manufacturing tax credit to support U.S. production of offshore wind components such as blades, nacelles, towers, and foundations. To support specialized shipbuilding, the Department of Transportation’s Maritime Administration (MARAD) designated offshore wind vessels as the first category to receive priority for review through the Federal Ship Financing Program. DOE is providing a range of financial support to the offshore wind supply chain, including through the Loan Programs Office and the Advanced Materials and Manufacturing Technologies Office, and working with industry and state partners to fill key gaps identified by the U.S. Offshore Wind Supply Chain Roadmap.
     
  4. Responsible and Efficient Permitting: DOI approved the nation’s first large-scale offshore wind projects, Vineyard Wind and South Fork Wind, both now under construction and being built by union labor. DOI and BOEM are on track to complete reviews of at least 16 project plans by 2025, representing more than 27 gigawatts (GW) of clean energy, and has proposed reforms to modernize this process and save $1 billion over 20 years. NOAA has advanced a range of environmental reviews, regulatory authorizations, and consultations to ensure protection of coastal and marine resources. Offshore wind is also a focus of the Administration’s Permitting Action Plan, bringing together federal agencies, White House offices, and the Federal Permitting Improvement Steering Council to promote efficient reviews guided by the best available science and Indigenous Knowledge.
     
  5. Transmission Planning and Buildout: To support the infrastructure needed to connect projects to the grid, DOE and BOEM have developed draft recommendations for an action plan on Atlantic offshore wind transmission, following a series of stakeholder convenings. A full action plan will follow, informed by the Administration’s Atlantic Offshore Wind Transmission Study. Similar efforts are underway along the Pacific, with DOE using Inflation Reduction Act funds for a West Coast Offshore Wind Transmission Study. Both the Bipartisan Infrastructure Law and Inflation Reduction Act provide funding for grid upgrades that can support the offshore wind industry.
     
  6. Port Infrastructure Upgrades: With additional support from the Bipartisan Infrastructure Law, MARAD awarded grants last year through the Port Infrastructure Development Program (PIDP) that included nearly $100 million for port projects that will advance offshore wind deployment—from staging and assembly facilities for turbine components to docks for specialized vessels. For Fiscal Year 2023, more than $660 million in PIDP funding is available for port-related infrastructure projects, which can include support for a range of clean energy opportunities. DOE and the National Renewable Energy Laboratory are advancing a West Coast Ports Strategy to support strategic planning for a collaborative port network to support installation, operation, and maintenance activities.  
     
  7. Floating Offshore Wind Targets: Deep-water areas that require floating platforms are home to two-thirds of America’s offshore wind energy potential, including along the West Coast and in the Gulf of Maine. To seize these opportunities, DOE launched the Floating Offshore Wind Shot aiming to reduce costs by more than 70% by 2035. DOE, DOI, and the Departments of Commerce and Transportation hosted an inaugural summit convening federal, state, Tribal, labor, industry, and community leaders to advance U.S. leadership, and DOE is advancing foundational science and prize competitions to accelerate breakthroughs. DOI set a goal to deploy 15 GW of floating offshore wind capacity by 2035—enough to power over five million American homes.
     
  8. Federal-State Offshore Wind Implementation Partnership: President Biden brought together eleven East Coast governors to launch the Federal-State Offshore Wind Implementation Partnership, with states working alongside the Administration to maximize the benefits of offshore wind development for workers and communities. With offshore wind leasing advancing beyond the Atlantic, both California and Louisiana joined the Partnership to collaborate with federal agencies and other states on priorities including building an American supply chain and skilled workforce for offshore wind.
     
  9. Innovation and Research: DOE, in partnership with other agencies, is supporting next-generation offshore wind technologies (including for advanced turbine manufacturing and project operations and maintenance), advancing innovative approaches to environmental monitoring and ocean co-use, and more. These research, development, demonstration, and deployment efforts are a key part of DOE’s new Department-wide strategy to support the Administration’s offshore wind goals, building on last year’s Offshore Wind Energy Strategies Report outlining initiatives to accelerate cost-effective, reliable U.S. offshore wind deployment.
     
  10. Cross-Cutting Efforts for Responsible Deployment: The Biden-Harris Administration is taking a holistic approach to advancing offshore wind in concert with other priorities. These cross-cutting efforts include the nation’s first Ocean Climate Action Plan, detailing offshore wind actions that are part of broader efforts to ensure a robust and sustainable ocean economy; the NOAA-BOEM draft joint strategy to protect and promote recovery of North Atlantic right whales while responsibly developing offshore wind energy; and a NOAA-BOEM joint strategy to mitigate impacts of offshore wind on NOAA Fisheries surveys in collaboration with other ocean users, including fishermen’s local ecological knowledge and Indigenous Knowledge. 
Biden Administration, Climate Change, Energy, Jobs, Manufacturing

FACT SHEET: Biden Administration Announces New Private and Public Sector Investments for Affordable Electric Vehicles

President Biden’s Investing in America Agenda is unleashing a manufacturing and clean energy boom and accelerating the production of affordable electric vehicles. © Karen Rubin/news-photos-features.com

President Biden’s Investing in America Agenda is unleashing a manufacturing and clean energy boom and accelerating the production of affordable electric vehicles. The White House provided this fact sheet: 

As part of President Biden’s goal of having 50 percent of all new vehicle sales be electric by 2030, the White House is announcing the first set of public and private commitments to support America’s historic transition to electric vehicles (EV) under the EV Acceleration Challenge. These commitments are part of President Biden’s Investing in America agenda to spur domestic manufacturing, strengthen supply chains, boost U.S. competitiveness and create good-paying jobs. Because of President Biden’s leadership and historic investments, electric vehicle sales have tripled and the number of publicly available charging ports has grown by over 40 percent since he took office. There are now more than three million EVs on the road and over 132,000 public EV chargers across the country.  
 
President Biden’s Inflation Reduction Act adds and expands tax credits for purchases of new and used EVs—helping bring the benefits of clean energy to communities across the nation. The law also provides incentives to electrify heavy-duty vehicles like clean school buses, and includes support for the installation of residential, commercial, and municipal EV charging infrastructure. These incentives complement investments from the Bipartisan Infrastructure Law and other federal initiatives that are spurring the domestic manufacturing of EVs and batteries and the development of a national EV charging network that provides access to low income and disadvantaged communities.  
 
These incentives will lower the cost of EVs and EV charging infrastructure; increase consumer demand and competition; promote equity and inclusion; and accelerate the growth of the EV market. The White House announced the EV Acceleration Challenge to bring a clean, safe, affordable, and reliable transportation future to Americans even faster.
 
Today, the Federal Government, as well as a number of companies and nonprofits including Prologis, First Student, Hertz, Amazon, Google, Rewiring America, and others, are announcing new commitments to expand EV fleets, increase consumer education, and grow the availability of EV charging.  
 
Today, the Federal Government is announcing: 

  • Federal agencies have already acquired 13,000 light- and medium-duty zero emission vehicles (ZEVs) in FY23—about four times the number of ZEVs acquired in FY22. President Biden’s Federal Sustainability Plan requires federal agencies to transition the largest fleet in the world to all electric by acquiring 100 percent light-duty ZEVs annually by 2027 and acquiring 100 percent medium- and heavy-duty ZEVs annually by 2035.  
     
  • Federal agencies are committing to deploy an additional 24,000 charging stations at Federal facilities by the next fiscal year, adding to the more than 5,000 charging stations already installed at Federal facilities nationwide. 
     
  • The Department of Energy’s Alternative Fuel Data Center is planning to add two new features to its Station Locator Tool that will help consumers charge their EVs quickly, affordably and conveniently. The tool will soon offer:
    • Charging cost: The cost to charge an EV at an individual charging station.
       
    • Charging speed: The charging speed or power output at the charger port level. 

 
ACCELERATING THE EV TRANSITION 
 
The Biden-Harris Administration’s Investing in America agenda has spurred public and private sector commitments to accelerate the transition to electric vehicles. State and local governments are also leveraging federal funds to expand electrification of their vehicle fleets. These announcements build on the EV charging network expansion and manufacturing announcements highlighted by the White House in February, which will add more than 100,000 public chargers across the country. Announcements being spotlighted today fall into four categories: Consumer Education and Support, Tools and Resources, EV Fleet Expansion, and Community Charging: Commercial and Multifamily: 
 
Fleet Expansion 

  • First Student, a major supplier of school bus services, is committing to transition 30,000 fossil fuel-powered school buses to electric school buses by 2035. 
     
  • Cirba Solutions, a battery materials and management company, is committing to process end-of-life batteries and Gigafactory manufacturing scrap, creating enough battery-materials to equip 1,000,000 EVs by 2028. 
     
  • Waymo, an autonomous driving technology company, is committing to deploy the all-electric Jaguar I-PACE across all of its ride-hailing service territories this spring and retire its previous generation platform.  
     
  • Amazon is announcing it has rolled out over 3,000 electric delivery vehicles as part of its commitment to bring 100,000 electric delivery vehicles to the road by 2030.
     
  • Trane Technologies, a company focused on efficient and sustainable climate solutions for buildings, homes and transportation, is committing to transition 100 percent of its global fleet of more than 8,000 vehicles, including service vans and trucks, to all electric vehicles by 2030. 

Community Charging: Commercial and Multifamily  

  • Prologis, a major global developer and owner of logistics real estate with more than 3,400 properties in the US, is committing to make every new eligible Prologis development ready for EV charging and transition its U.S. maintenance vehicle fleet to 100 percent alternative fuel vehicles by 2030. 
     
  • Siemens is committing to install charging stations across the U.S. at its facilities and employees’ homes to support the electric conversion of its 10,000-vehicle fleet by 2030 and to set a requirement that 10% of parking spaces include EV charging stations at all new company facility construction projects. 
     
  • CALSTART, Forth, the Electrification Coalition, EVHybridNoire and peer national implementation partners are committing to launch the Charge@Work campaign and Electric Vehicle Adoption Leadership (EVAL) certification program in Fall 2023 which will engage over 50,000 employers\workplaces, representing hundreds of thousands of employees, with the end goal of catalyzing over 100,000 electric vehicle workplace charging stations. 
     
  • SWTCH, an EV charging provider, is committing to expand equitable access to EV charging in underserved communities by deploying over 20,000 EV chargers, the majority of which will serve multi-family buildings, by 2024.  
     
  • Rocky Mountain Institute is committing to launch a multi-family charging accelerator pilot in three states to scale multi-unit dwelling charging infrastructure financing and deployment nationwide in 2024. 

Consumer Education and Support 

  • Hertz is committing to substantially increase its electric vehicle rentals this year forecasting nearly two million EV rentals in 2023, approximately five times the number of EV rentals in 2022, and extending the electric vehicle experience to leisure and business travelers and rideshare drivers across the country.  
     
  • Consumer Reports is committing to delivering expert advice and unbiased information for people who are considering whether to make the shift to an electric vehicle through its new online tool called the Electric Vehicle Savings Finder. It provides detailed, up-to-date information about federal, state, and local EV purchase incentives available to consumers, specific to where they live. 
     
  • GreenLatinos, Hip Hop Caucus, Sierra Club, Clean Energy for America, Alliance of Nurses for Healthy Environments, Electric Transportation Community Development Corporation, National Religious Partnership for the Environment, Plug in America, Public Citizen, Union of Concerned Scientists, Electric Vehicle Association, League of Conservation Voters, Coltura, and the Natural Resources Defense Council are committing to launch Route Zero in April – a cross-country, relay style campaign highlighting the investments made in EV infrastructure and EV manufacturing around the country, focusing on how equitable EV deployment helps mitigate pollution harms. 
     
  • Sierra Club, Plug in America, the Electric Vehicle Association and EVHybridNoire are committing to host more than 300 events in 2023 to celebrate the shift to electric vehicles, including the opportunity to connect with EV drivers in their own communities, ask questions, and get behind the wheel to try EVs out. 
     
  • Mercedes-Benz is committing to launch “Electric Dream Days,” a new EV marketing campaign with retail events at dealerships and EV test drives in April 2023.   

Tools and Resources 

  • Rewiring America, a non-profit organization, is committing to launch an online personal electrification planner in 2023 with the initial goal of helping 100,000 homeowners and renters create roadmaps to electrify their homes and to choose electric vehicles and home chargers. 
     
  • Google is committing to provide up-to-date information about availability and coverage of tax credits across eligible passenger vehicles, through a new Search tool that incorporates federal guidance to surface eligible EV tax credits, alongside other critical information.
     
  • Plug in America, a non-profit organization, is committing to reach 250,000 consumers over the next year with PlugStar.com, its online EV information and shopping tool. 
     
  • Wells Fargo is releasing a new tool to support business leaders transitioning to electric vehicle fleets by modeling deployment that incorporates the cost of electrification, tax credits, cost savings, and environmental benefits. 
     
  • The American Public Transportation Association and the Edison Electric Institute are committing to develop and distribute a new resource for transit agencies to streamline their efforts to electrify their bus fleets.  

The EV Acceleration Challenge is accepting submissions on a rolling basis. The White House will be highlighting additional commitments soon including many more that were already submitted.
 
Organizations can submit a commitment on the EV Acceleration Challenge landing page.

Biden Administration, Climate Action, Climate Change, Energy, News & Photo Features

Biden-Harris Administration Releases Inflation Reduction Act Guidebook for Clean Energy and Climate Programs

Solar powered New York State farm. New York Governor Kathy Hochul, Co-Chair, U.S. Climate Alliance stated: “States are leading the way to a cleaner, greener climate and with the extraordinary investments made possible through the IRA, we’re getting ready to transform our states and our country. Thanks to the hard work of President Biden, Leader Schumer and Speaker Pelosi, New York and the United States are poised to rapidly reduce emissions, support green jobs, save money for hard-working Americans, and improve the health of our communities. This new resource is a critical tool to help get the job done.” © Karen Rubin/news-photos-features.com

The White House released the first edition of a new resource titled Building a Clean Energy Economy: A Guidebook to the Inflation Reduction Act’s Investments in Clean Energy and Climate Action, which provides clear descriptions of the law’s tax incentives and funding programs to build a clean energy economy, lower energy costs, tackle climate change, and reduce harmful pollution. The Guidebook will help state, local, territorial, and Tribal leaders, the private sector, non-profit organizations, homeowners, and communities better understand how they can benefit from these investments and unlock the full potential of the law. The Guidebook walks through the law program-by-program and provides background on each program’s purpose, eligibility requirements, period of availability, and other key details. 

In a letter at the beginning of the Guidebook, John Podesta, President Biden’s Senior Advisor for Clean Energy Innovation and Implementation, said:
 
“When President Biden signed the Inflation Reduction Act into law in August 2022, he said the new law ‘is not just about today, it’s about tomorrow. It’s about delivering progress and prosperity to American families.’ The Inflation Reduction Act makes a historic commitment to build a new clean energy economy, powered by American innovators, American workers, and American manufacturers, that will create good-paying, union jobs and cut the pollution that is fueling the climate crisis and driving environmental injustice.”
 
The Inflation Reduction Act Guidebook follows the successful model of the Bipartisan Infrastructure Law Guidebook and creates a roadmap for the clean energy and climate funding available under the law at the program level.
 
Since President Biden signed the Inflation Reduction Act four months ago, his administration has been working quickly to design, develop, and implement its programs. This Guidebook provides information on current and prospective clean energy and climate programs. In the coming weeks and months, new developments will be published on www.CleanEnergy.gov to keep stakeholders and potential beneficiaries up to date on the latest deadlines and details.
 
The Inflation Reduction Act builds on the foundational climate and clean energy investments in President Biden’s Bipartisan Infrastructure Law. Through his historic legislative accomplishments, along with key executive actions and international leadership, the Administration is delivering on the President’s ambitious climate agenda centered on workers, families, and communities. President Biden has made transparent communication and open engagement top priorities as a means to ensure successful implementation and to fully unlock the unprecedented benefits of the law. This Guidebook is critical step toward delivering on that vision.
 
To view the Guidebook in full, click here.
 
Here’s what leaders have to say about the new Inflation Reduction Act Guidebook:
 
New York Governor Kathy Hochul, Co-Chair, U.S. Climate Alliance: “States are leading the way to a cleaner, greener climate and with the extraordinary investments made possible through the IRA, we’re getting ready to transform our states and our country. Thanks to the hard work of President Biden, Leader Schumer and Speaker Pelosi, New York and the United States are poised to rapidly reduce emissions, support green jobs, save money for hard-working Americans, and improve the health of our communities. This new resource is a critical tool to help get the job done.”

Mayor Sylvester Turner, Houston, Texas: “Cities have long been on the frontlines of climate change, but the federal support provided by the Inflation Reduction Act will allow us to take action like never before. We thank Congress and President Biden for passing such historic legislation and providing guidance to lawmakers which will light the path forward to justice driven environmental policies, clean energy economies and a livable planet for all.”
 
Mayor Satya Rhodes-Conway, Madison, Wisconsin, Co-Chair of Climate Mayors: “As the incoming Chair of Climate Mayors, I am pleased that Congress and the White House are delivering critical resources for climate action in the form of the historic Inflation Reduction act, and providing strong guidance for policy makers. We are eager to begin implementing the Inflation Reduction Act at the local level and will be making use of the climate provisions, rebates, and tax breaks within it to better the lives of people in our communities while also securing a sustainable, resilient, and prosperous future for all.”
 
Abigail Ross Hopper, President and CEO of the Solar Energy Industries Association (SEIA): “The Inflation Reduction Act is the most robust and forward-looking climate bill ever enacted. Solar and storage companies are eager for clear guidance on the bill so they can focus on creating hundreds of thousands of new jobs for all Americans and deploying low-cost, reliable energy in communities across the country. Timely, easy to understand discussion of this transformative – but complex – new law is exactly what consumers and industry alike need and we look forward to referring to the IRA Guidebook for this valuable information as we work with other allies to build an equitable and just clean energy future.”
 
Lori Lodes, Executive Director, Climate Power: “Passing the Inflation Reduction Act was an historic victory in the fight against climate change. Now, it’s time for the hard work of implementing the law and making sure people understand how the climate and clean energy investments will positively impact their lives and keep their communities healthy and strong. Cleaner, cheaper, American-made energy is taking off. The guidebook is a critical resource to help people and communities get the information needed to use the incentives found in the climate law.”
 
Faye Park, President, U.S. PIRG: “The new Implementation Guidebook for the Inflation Reduction Act makes it clear: Consumers, cities, states, businesses and community organizations now have myriad opportunities to reduce pollution that makes us sick and worsens global warming. Cities can swap dirty buses and garbage trucks for clean electric ones. Your favorite home chef can get a clean electric or induction stove that doesn’t increase the risk of asthma for their kids. All of us can save energy in our homes and businesses. We encourage everyone to use this great resource to learn more.”
 
Lisa Frank, Executive Director, Washington Legislative Office, Environment America: “Climate change is a problem that impacts all of us. Now, the Inflation Reduction Act helps us all be part of the solution too, by making it cheaper and easier for Americans to go solar, purchase an electric vehicle or weatherize their home. This new implementation guidebook will help raise awareness of new tax incentives and other programs we can use to take President Biden up on this historic offer to save energy, save money and save the planet. We’re excited to put it to work.”
 
David Masur, Executive Director, PennEnvironment: “The Inflation Reduction Act’s tax credits and climate programs will help Pennsylvanians breathe cleaner air, make their homes more energy efficient and expand our use of clean, renewable energy. Thanks to the new Implementation Guidebook, it’ll be easier for cities, school districts, community organizations and all Pennsylvanians to understand and utilize these beneficial programs.”

Biden Administration, Economy, Energy, Joe Biden, News & Photo Features

Biden Chastises Oil Companies for Ungodly Profiteering as ‘Windfall of War;’ Warns of Windfall Profit Tax

American-based oil companies have basically indulged in price-gouging, war-profiteering – as evidenced by record profits during the third quarter. We’re talking Exxon’s highest quarterly profits in its 152-year history. The oil companies have pocketed $100 billion in just 200 days, two and three times the quarterly profit of a year ago, setting historic records. “Their profits are a windfall of war,” President Biden declared, “the windfall from the brutal conflict that’s ravaging Ukraine and hurting tens of millions of people around the globe.” © Karen Rubin/news-photos-features.com

Americans say they are really, really upset about higher gas prices, despite the fact the prices have come down consistently since the peak in the summer ($1.20) and are just about 30c higher per gallon, and that the price rise is largely due to Putin’s genocidal invasion of Ukraine, and but that inflation will affect how they vote. But what is also clear is that American-based oil companies have basically indulged in price-gouging, war-profiteering – as evidenced by record profits during the third quarter. We’re talking Exxon’s highest quarterly profits in its 152-year history. The oil companies have pocketed $100 billion in just 200 days, two and three times the quarterly profit of a year ago, setting historic records. Think about that.

“Their profits are a windfall of war,” President Biden declared, “the windfall from the brutal conflict that’s ravaging Ukraine and hurting tens of millions of people around the globe.  You know, at a time of war, any company receiving historic windfall profits like this has a responsibility to act beyond their narrow self-interest of its executives and shareholders…if they don’t, they’re going to pay a higher tax on their excess profits and face other restrictions. ..It’s time for these companies to stop war profiteering, meet their responsibilities to this country, and give the American people a break and still do very well.” 

And here’s my question: the oil companies are using billions of that profit to buy back their stock, rather than reinvest or do something productive with all that cash. Why don’t they instead  be the ones developing, installing and owning clean, renewable energy technologies – be part of the solution to carbon-emissions-caused global warming and climate change, rather than the cause. They could be developing battery-storage technologies, EV charging infrastructure, cheaper and better solar panels and wind turbines. Instead, they spend their untold billions to lobby lawmakers to challenge climate action and propagandize climate change denial.

Here’s another issue: they are deliberately keeping gas prices high because they know it may hurt Democrats’ control of Congress, and stop, even reverse Biden’s progress on climate action and a transition to clean, renewable energy.

Here are the facts, provided by the White House, and President Biden’s remarks – Karen Rubin/news-photos-features.com

Oil companies are posting record profits. Over the last two quarters alone, ExxonMobil, Chevron, Shell, BP, ConocoPhillips, and TotalEnergy earned over $100 billion in profits. That is more than they earned all of last year, and more thantwo-and-a-half times what they earned in the same quarters of 2021.

Oil companies are overcharging American families at the pump. Today, profit margins at five of the largest oil companies are higher than their pre-pandemic levels.Refining margins per gallon of gasoline are about 50 cents over historical levels – nearly double what is typical. Diesel profit margins are even larger at about $1.90 above historical levels – more than six times what is typical. 

Oil companies are padding shareholder pockets rather than increasing production. ExxonMobil, Chevron, Shell, BP, ConocoPhillips, and TotalEnergy are spending more money buying back their own shares than investing in raising their productive capacity. Over the last six months, these companies reported spending over $50 billion to buy back their own shares and pay out dividends. That’s about the same amount that these companies returned to shareholders all of last year. In Q2 and Q3 of 2022, the ratio of capital expenditures to earnings of the six large oil companies was only 35%, compared to over 130% during the same quarters from 2017 to 2019 pre-pandemic. 

President Biden remarked on the record oil profits on October 31. Here’s a transcript:

Putin’s invasion of Ukraine in March set gas prices soaring literally around the world — not just here, but around the world. 
 
And because of the action we’ve taken since then, gas prices have actually come down — going into the Strategic Petroleum Reserve — here at home, in America.  They’re down more than $1.20 since their peak this summer.  And they’ve been falling for the best of — best part of the last three weeks. 
 
In June, the average price — not the most common price, but the average price — nationwide was — was over $5 a gallon.  Today, the average price for a gallon of gas is $3.76.  That’s adding up to real savings for American families — the difference between those prices.  And this difference makes a difference. 
 
In a difficult time, Americans across the country have stepped up to do the right thing.  But not everyone has stepped up.  The oil industry has not met its commitment to invest in America and support the American people. 
 
One by one, major oil companies have reported record profits, not just a fair return for hard work.  Every company is entitled to that: a fair return for the work they do or innovation they generate.  But I mean profits so high it’s hard to believe. 
 
Now, the second quarter of the profits were really high.  But the third quarter — last week, Shell announced that it made $9.5 billion in profits for the third quarter — $9.5 billion.  That’s almost twice as much as it made in the third quarter of last year.  I think that’s something.  You think that’s incredible?  I thought, “My — that’s as good as — as high as it’s going to get.” 
 
Then along came Exxon.  Exxon’s profits for the third quarter were at $18.7 billion.  One quarter: $18.7 billion — nearly triple what Exxon made last year and the most in its 152-year history.  It’s never made that much profit. 
 
In the last six months, six of the largest oil companies have made more than $100 billion — $100 billion.  And we had a little discussion about this, the three of us and others.  One hundred billion in profits in two — less than 200 days… 

 
Here’s why it matters: If these companies were making average profits they’ve been making by refining oil over the last 20 years instead of the outrageous profits they’re making today and if they passed the rest on to the consumers, the price of gas would come down around an additional 50 cents. 
 
If they’re investing their profits at historic rates in their U.S. operations, then America would be producing more oil today and prices would be down even further.  But rather than increasing their investments in America or giving American consumers a break, their excess profits are going back to their shareholders and to buying back their stock, so the executive pay is going to skyrocket.
 
Give me a break.  Enough is enough.  Look, I’m a capitalist.  You’ve heard me say this before: I have no problem with corporations turning a fair profit or getting the return on their investment and innovation.  But this isn’t remotely what’s happening. 
 
Oil companies’ record profits today are not because they’re doing something new or innovative.  Their profits are a windfall of war — the windfall from the brutal conflict that’s ravaging Ukraine and hurting tens of millions of people around the globe.  You know, at a time of war, any company receiving historic windfall profits like this has a responsibility to act beyond their narrow self-interest of its executives and shareholders. 
 
I think they have a responsibility to act in the interest of their consumers, their community, and their country; to invest in America by increasing production and refining capacity.  Because they — they don’t want to do that.  They — they have the opportunity to do that — lowering prices for consumers at the pump.
 
You know, if they don’t, they’re going to pay a higher tax on their excess profits and face other restrictions.  My team will work with Congress to look at these options that are available to us and others.  It’s time for these companies to stop war profiteering, meet their responsibilities to this country, and give the American people a break and still do very well. 
 
The American people are going to judge who’s standing with them and who is only looking out for their own bottom line.  I know where I stand.

Biden Administration, Economy, Energy, News & Photo Features

FACT SHEET: Biden Takes New Actions to Strengthen US Energy Security, Encourage Production, Bring Down Costs

In August, gas prices on Long Island were at $3.99/gallon – a rate that European countries would envy – having fallen steadily since June from highs of $5. By October , prices had fallen to $3.19, but rose again to $3.49 after Saudi Arabia cut production. Big Oil companies, though, are making record profits. President Biden is taking new actions to lower prices and strengthen US energy security © Karen Rubin/news-photos-features.com

It is worth noting that Republicans have staked their takeover of Congress and state houses on inflation, especially in gas prices, but while offering no actual solutions, have actively obstructed efforts to mitigate the pain of higher costs to American families, for example, blocking efforts to address price gouging and the fact that energy companies have pocketed RECORD profits. Much of the pressure on prices is out of Biden’s control, since prices are set on a global market, and Saudi Arabia , in conjunction with OPEC, has decided to throw its support to Russia by reducing oil output in order to put further upward pressure on prices. Here is a White House Fact Sheet on new actions President Biden is taking to strengthen US energy security, encourage production and bring down costs:

President Biden is committed to doing everything in his power to respond to Putin’s Price Hike at the pump, and he is delivering. Gas prices fell at the fastest rate in over a decade this summer, with average prices down by about $1.15 per gallon since their peak in June – and just about 30 cents above levels on February 24, when the war in Ukraine began. In fact, gas prices have fallen 15 out of the last 18 weeks. According to an industry analyst, the most common price across the country today is $3.39.

President Biden is directing his Administration to take additional action to strengthen energy security, address the supply crunch, and lower costs.

First, the Department of Energy (DOE) is issuing a Notice of Sale tomorrow morning for 15 million barrels from the Strategic Petroleum Reserve (SPR) to be delivered in December. This sale will complete the historic, 180-million-barrel drawdown the President announced in the spring, which has helped to stabilize crude oil markets and reduce prices at the pump. The President is also calling on DOE to be ready to move forward with additional significant SPR sales this winter if needed due to Russian or other actions disrupting global markets.

Second, the President is announcing that the Administration intends to repurchase crude oil for the SPR when prices are at or below about $67-$72 per barrel, adding to global demand when prices are around that range. As part of its commitment to ensure replenishment of the SPR, the DOE is finalizing a rule that will allow it to enter fixed price contracts through a competitive bid process for product delivered at a future date. This repurchase approach will protect taxpayers and help create certainty around future demand for crude oil. That will encourage firms to invest in production right now, helping to improve U.S. energy security and bring down energy prices that have been driven up by Putin’s war in Ukraine.     

Third, the President is calling on companies to pass through lower energy costs to consumers right away. The profit that energy refining companies are now capturing on every gallon of gasoline is about double what it typically is at this time of year, and the retailer margin over the refinery price is more than 40 percent above the typical level. These outsized industry profit margins – adding more than $0.60 to the average price of a gallon of gas – have kept pump prices higher than they should be. Keeping prices high even as input costs fall is unacceptable, and the President will call on companies to pass their savings through to consumers – now.

Continuing to Use the SPR to Advance U.S. Energy Security

In March, following Putin’s further invasion of Ukraine, the President authorized the largest-ever release from the SPR and secured historic coordination with allies and partners to release crude oil from their reserves as well. Treasury Department economists estimate that these releases, along with coordinated releases from international partners, have reduced gas prices by as much as about $0.40 per gallon, compared to what they otherwise would have been. Average U.S. gas prices have declined by more than a dollar per gallon from their peak earlier this year.

Global crude oil supply flows remain a challenge, due in large part to the ongoing instability caused by Russia’s actions in Ukraine. To help stabilize markets and shore up supply in the face of these challenges, DOE will sell 15 million barrels from the SPR for delivery in December, issuing the Notice of Sale for these barrels in the morning. The sale, which completes the 180 million barrels the President authorized in the spring, will add about 500K barrels per day of supply onto the market in December, providing continued supply certainty and some price relief.

The U.S. SPR remains the largest strategic reserve in the world with about 400 million barrels remaining, which is greater than the amount of any SPR release in U.S. history. Even as DOE executes on the plan to refill the SPR to previous levels in coming years, the SPR remains more than ready to respond to energy security needs today.

The President is prepared to authorize significant additional sales in coming months if conditions require. DOE will be prepared to act quickly to inject additional supply into the market if needed, and the Administration will not hesitate to use this tool, or the others at its disposal, to shore up the global supply of energy, support domestic inventory levels, and bring prices down for Americans.

Using SPR Repurchases to Encourage Increases in Near-Term Production

The Administration is committed to replenishing the SPR, which is an important national security asset, so it can continue to serve its purpose well into the future. And, it is committed to doing so in a way that protects taxpayer interests, avoids putting upward pressure on prices in the near term, and encourages more production right now by providing certainty about repurchases in the future.

U.S. oil production is almost 12 million barrels per day. By the end of this year, it will be up by about one million barrels per day compared to when President Biden took office, and it is on track to reach a new annual high in 2023. However, a number of industry participants have suggested that, even with today’s high prices, they are concerned about investing in production when prices could fall in the future.

The Administration is announcing its intent to use SPR repurchases to add to global crude oil demand at times when the price of West Texas Intermediate (WTI) crude oil is at or below about $67 to $72 per barrel. This will protect taxpayer interests because the SPR will be repurchasing at a lower price than recent sales, potentially allowing it to repurchase more oil than it released with sale proceeds. It will also help address producer concerns about uncertain demand in future years, encouraging immediate investment.

DOE has finalized a first-of-its-kind rule that enables it to enter into fixed-price contracts with suppliers, through a competitive bid process, to repurchase oil for future delivery windows. This new authority will shore up demand for oil when supply is less uncertain and prices are anticipated to be lower. For example, if the market were to price barrels for delivery in mid-2024 at $70, the new rule allows DOE to enter into a contract now for mid-2024 delivery of oil at, around or lower than that price. DOE plans to use this authority to enter into contracts to repurchase oil for the SPR, targeting a price of about $67 to $72 per barrel or lower, with initial repurchases being delivered in 2024 or 2025. In addition, DOE is prepared to undertake additional SPR repurchases at times when the price of oil for current delivery drops to about $67 to $72 per barrel or lower, supplementing its future fixed-price contracts as appropriate.

This approach is a win for taxpayers – refilling the SPR at a lower price compared to the barrels sold. And it is a win for energy security – giving producers who enter into the contracts more certainty of continued oil demand to inform investment decisions today, thereby spurring needed increases in production at a time when Putin’s war continues to disrupt global energy markets.

Biden Administration, Climate Action, Climate Change, Economic Development, Economy, Energy, Joe Biden, Manufacturing, News & Photo Features

FACT SHEET: Biden Takes Bold Executive Action to Spur Domestic Clean Energy Manufacturing

Historic Actions Include Authorizing Defense Production Act to Lower Energy Costs, Strengthen Power Grid, and Create Good-Paying Jobs

Solar array on a farm in upstate New York. Biden is accelerating and incentivizing clean energy manufacture in the US. The nation is on track to triple domestic solar manufacturing capacity by 2024 –  to reach 22.5 gigawatts by the end of Biden’s first term, enough to enable more than 3.3 million homes to switch to clean solar energy each year. © Karen Rubin/news-photos-features.com

I find it infuriating that the “news” is completely taken over by the latest travesties by Trump, Putin and Supreme Court, fueling anger and cynicism among Democrats and Progressives who may well take their anger out at the polls and simply not vote – that, I would remind you, is how we got Trump and this Christo Fascist Supreme Court. Biden Administration not doing anything on climate change? Inflation? Health care? Nonsense. This administration has been incredibly productive – finding real solutions, not bandaids, rhetoric and hype, that have at their foundation a sense of equity, sustainability and social justice. Want to solve inflation? Not by the Keystone Pipeline or overturning coal plant rules, but investing in EV infrastructure, as Biden wants to do. But you wouldn’t know it from the media, social or otherwise. It is our practice, then, to publish first-hand accounts from the White House, federal agencies and officials. –Karen Rubin/news-photos-features.com

Today’s clean energy technologies are a critical part of the arsenal we must harness to lower energy costs for families, reduce risks to our power grid, and tackle the urgent crisis of a changing climate. From day one, President Biden has mobilized investment in these critical technologies. Thanks to his clean energy and climate agenda, last year marked the largest deployment of solar, wind, and batteries in United States history, and our nation is now a magnet for investment in clean energy manufacturing.
 
Since President Biden took office, the private sector has committed over $100 billion in new private capital to make electric vehicles and batteries in the United States. We have made historic investments in clean hydrogen, nuclear, and other cutting-edge technologies. And companies are investing billions more to grow a new domestic offshore wind industry.
 
We are also now on track to triple domestic solar manufacturing capacity by 2024. The expansions to domestic solar manufacturing capacity announced since President Biden took office will grow the current base capacity of 7.5 gigawatts by an additional 15 gigawatts. This would total 22.5 gigawatts by the end of his first term – enough to enable more than 3.3 million homes to switch to clean solar energy each year.
 
While President Biden continues pushing Congress to pass clean energy investments and tax cuts, he is taking bold action to rapidly build on this progress and create a bridge to this American-made clean energy future. Today, President Biden is taking action to:  

  • Authorize use of the Defense Production Act (DPA) to accelerate domestic production of clean energy technologies, including solar panel parts;
  • Put the full power of federal procurement to work spurring additional domestic solar manufacturing capacity by directing the development of master supply agreements, including “super preference” status; and
  • Create a 24-month bridge as domestic manufacturing rapidly scales up to ensure the reliable supply of components that U.S. solar deployers need to construct clean energy projects and an electric grid for the 21st century, while reinforcing the integrity of our trade laws and processes. 

 Together, these actions will spur domestic manufacturing, construction projects, and good-paying jobs – all while cutting energy costs for families, strengthening our grid, and tackling climate change and environmental injustice. With a stronger clean energy arsenal, the United States can be an even stronger partner to our allies, especially in the face of Putin’s war in Ukraine.
 
The stakes could not be higher. That is why President Biden also continues to urge Congress to quickly pass tax cuts and additional investments that advance U.S. clean energy manufacturing and deployment. Failing to take these actions would deny consumers access to cost-cutting clean energy options, add risks to our power grid, and stall domestic clean energy construction projects that are critical to tackling the climate crisis. At the same time, President Biden will keep using his executive authority to take bold action to build an American-made clean energy future.

INVOKING THE DEFENSE PRODUCTION ACT FOR CLEAN ENERGY

Today, President Biden is authorizing the use of the Defense Production Act (DPA) to accelerate domestic production of clean energy technologies – unlocking new powers to meet this moment. Specifically, the President is authorizing the Department of Energy to use the DPA to rapidly expand American manufacturing of five critical clean energy technologies:

  • Solar panel parts like photovoltaic modules and module components;
  • Building insulation;
  • Heat pumps, which heat and cool buildings super efficiently;
  • Equipment for making and using clean electricity-generated fuels, including electrolyzers, fuel cells, and related platinum group metals; and
  • Critical power grid infrastructure like transformers.

In deploying the DPA, the Biden-Harris Administration will strongly encourage the use of strong labor standards, including project labor agreements and community benefits agreements that offer wages at or above the prevailing rate and include local hire provisions. The Administration also will strongly encourage projects with environmental justice outcomes that empower the clean energy transition in low-income communities historically overburdened by legacy pollution.
 
Following this announcement, the White House and the Department of Energy will convene relevant industry, labor, environmental justice, and other key stakeholders as we maximize the impact of the DPA tools made available by President Biden’s actions and strengthen domestic clean energy manufacturing.
 
BOOSTING MADE-IN-AMERICA CLEAN ENERGY WITH FEDERAL PROCUREMENT
 
President Biden is also putting the full power of federal procurement to work spurring additional domestic solar manufacturing capacity. Today, the President directed the development of two innovative tools to accelerate Made-in-America clean energy:

  • Master Supply Agreements for domestically manufactured solar systems to increase the speed and efficiency with which domestic clean electricity providers can sell their products to the U.S. Government; and
  • So-called “Super Preferences” to apply domestic content standards for federal procurement of solar systems, including domestically manufactured solar photovoltaic components, consistent with the Buy American Act.

These federal procurement measures can stimulate demand for up to a gigawatt of domestically produced solar modules in the near term, and up to 10 gigawatts over the next decade from U.S. government demand alone. To further increase the impact of these actions, the Administration will also partner with state and local governments and municipal utilities in these innovative arrangements – increasing the potential market impact over the next decade to as much as over 100 gigawatts. These procurement actions will provide a significant demand anchor for a revitalized domestic solar manufacturing industry.
 
SUPPORT FOR U.S. GRID-STRENGTHENING, CLEAN ENERGY CONSTRUCTION PROJECTS
 
Because of private investor confidence in President Biden’s leadership and our national commitment to a clean energy future, the United States is now on track to triple its solar manufacturing capacity by 2024. The expansions to domestic solar manufacturing capacity announced since the President took office will grow the current 7.5 gigawatts of capacity by an additional 15 gigawatts of capacity, for a total of 22.5 gigawatts by the end of his first term – enough to enable more than 3.3 million homes to switch to clean solar energy every year. To rapidly build on this progress and create a bridge to this American-made clean energy future, we need to boost short-term solar panel supply to support construction projects in the United States right now. This is because grid operators around the country are relying on planned solar projects to come online to ensure there is sufficient power to meet demand, and to ensure we can continue to deploy solar at the rates needed to keep us on track to meet the President’s climate goals. 
 
Today, President Biden is using his powers to create a 24-month bridge for certain solar imports while reinforcing the integrity of our trade laws and processes. Specifically, the President is:

  • Temporarily facilitating U.S. solar deployers’ ability to source solar modules and cells from Cambodia, Malaysia, Thailand, and Vietnam by providing that those components can be imported free of certain duties for 24 months in order to ensure the U.S. has access to a sufficient supply of solar modules to meet electricity generation needs while domestic manufacturing scales up; and
  • Reinforcing his commitment to safeguarding the integrity and independence of all ongoing trade investigations by career officials at the Department of Commerce and recognizing the vital role these processes play in strengthening our economy.

ADDITIONAL STEPS TO CUT COSTS, SUPPORT GOOD-PAYING JOBS, AND ADVANCE ENVIRONMENTAL JUSTICE
 
Today’s actions build on this Administration’s existing initiatives to grow domestic clean energy innovation and manufacturing and to lower energy costs for Americans, including: 

  • Permitting More Clean Energy on Public Lands. As part of the Biden-Harris Permitting Action Plan, a new five-agency collaboration is expediting reviews of clean energy projects on public lands through the Department of the Interior, helping us race ahead toward permitting at least 25 gigawatts by 2025 – enough to power around five million homes. These actions have already increased clean energy permitting activities by 35 percent, including major solar project approvals and leases. We have also launched five new Renewable Energy Coordination Offices and reduced rents and fees by more than 50 percent for solar and wind projects on public lands.
     
  • Boosting Community-Based Clean Energy in Cities and Rural Areas. The Biden-Harris Administration is helping 17 local communities remove red tape with the SolarAPP+ online tool to enable same-day approvals for residential solar installation permits, and an additional 400 interested communities are in the pipeline. The National Climate Task Force launched new initiatives on increasing deployment of Distributed Energy Resources, including rooftop solar, with a focus on bringing the benefits of these projects to underserved communities. The United States Department of Agriculture provided the largest-ever investment in rural renewable energy last year. In addition, the Department of Energy and the Department of Health and Human Services are partnering to develop and pilot a digital platform that will connect customers who are eligible for the Low Income Home Energy Assistance Program with community solar subscriptions, to further reduce customer energy costs. Likewise, the U.S. Department of Housing and Urban Development is working with municipalities to enable residents of affordable housing to directly benefit from low-cost community solar power without seeing a rent increase or adjustment to their utility allowance.
     
  • Supporting a Diverse Solar Workforce with Good-Paying Jobs, including pathways to stable careers with the free and fair choice to join a union. Solar industry jobs consistently rank among the top fastest-growing in the nation, and many require only a high school education or GED. The Economic Development Administration recently awarded funding to support solar employment training in tribal and coal-impacted communities. In addition, the Department of Energy has issued a Request for Information and hosted six workshops to determine common goals and needs from stakeholders, including industry, unions, and training organizations. DOE will continue to explore these issues, including by providing funding, new collaborations with industry, other federal agencies, and state-based job boards to develop equitable worker-centric training and education programs, work-based learning opportunities, and support services such as career counseling, mentorship, and job readiness programs.
     
  • Developing Clean Energy Domestic Manufacturing for Export and Building Capacity in Allied Nations. The Export-Import Bank of the United States (EXIM) Make More in America Initiative, approved by the EXIM board in April, will prioritize investments to expand clean energy manufacturing. The U.S. International Development Finance Corporation supports building resilient clean energy manufacturing supply chains in allied nations around the world, reducing global dependence on China.
     
  • Investing in Clean Energy for Resilience in Puerto Rico: The Biden-Harris Administration joined forces with the Commonwealth of Puerto Rico to advance dozens of solar energy projects that will enable Puerto Rico to meet its target of 100% renewable electricity, while improving power sector resilience and increasing access to more affordable energy and cleaner air.