NY Governor Initiates $1B Green Bank to Fund Clean Energy Projects

Governor Cuomo took the first step in the New York Green Bank capitalization process to facilitate private capital flow for clean energy projects. On September 10, 2013, New York State Governor Andrew M. Cuomo formally launched the $1 billion Green Bank initiative, the central part of innovative clean energy proposals announced during his 2013 State…

U.S. Navy Providing $30M for Clean Energy Startups

The Navy has announced $30 million in funding to Hawaii-based “Energy Excelerator” that supports emerging clean energy technologies. On September 9, 2013, the Department of Navy’s Office of Naval Research (ONR) announced $30 million funding to support Energy Excelerator, a Hawaii-based accelerator program for clean energy start-ups.  The funding triples investment over the three-year operation…

Master Limited Partnerships and the Impact on Renewable Energy Industries

Bipartisan support to expand Master Limited Partnership tax benefits for renewables could help advance long-term grid parity, but the tax provision’s impact depends on complementary and consistent support for the new technologies and industries. Overview The Master Limited Partnerships Parity Act (S. 795) and the House version (H.R. 1696) are expected to pass through both…

DOI rejects FAIR Act Citing Adverse Fiscal Impact

At the Senate hearing on the FAIR Act, the DOI declined support for the bill, saying it lacks definite conservation or energy policy goals, would increase the federal deficit, and reduce return to taxpayers. At the Senate Energy and Natural Resources Committee hearing held on July 23, 2013, the Department of Interior’s (DOI) Deputy Assistant Secretary for Budget,…

House Panel Votes to Restrain Major EPA Rules

The Energy Consumers Relief Act, approved by the House Energy and Commerce Committee, would prevent EPA from finalizing major energy-related rules without DOE approval.   On July 17, 2013, the House Energy and Commerce Committee approved three energy-related bills – H.R. 1582, H.R. 1900, and H.R. 83 – aimed to promote economic growth and energy…

DOE Examines Climate Change Impact on Energy Sector

DOE released a report examining the impacts of climate change on the nation’s energy and electricity infrastructure, including an assessment of ongoing efforts and potential opportunities to improve the energy sector’s climate resilience.   On July 11, 2013, the Department of Energy (DOE) released a report examining current and future impacts of climate change on…

President Obama Unveils Comprehensive Climate Agenda

President Obama’s second-term climate agenda includes sweeping measures to cut carbon emissions from power plants, boost renewable energy production, increase fuel economy standards, and advance international initiatives to combat climate change. On June 25, 2013, President Barack Obama outlined a comprehensive Climate Action Plan prioritizing measures to limit greenhouse gas (GHG) emissions to set a…

Western Governors Outline 10-Year Energy Goals

WGA’s “10-Year Energy Vision” calls for collaborative interstate initiatives to achieve energy security by increasing energy production, improving energy efficiency, and expanding energy distribution infrastructure, among other energy goals. On June 28, 2013, the Western Governors’ Association (WGA) released the “10-Year Energy Vision,” a regional plan articulating the energy goals of 19 member states, American…

Senate Bill to Improve Energy Productivity

A newly proposed Senate bill would establish the State Energy Race to the Top program aimed at doubling the nation’s energy productivity by 2030. On June 20, 2013, Sens. Mark R. Warner (D-VA) and Joe Manchin (D-WV) introduced a bill to establish a state grant program of federal incentives to boost energy productivity.  The bill…