Alternative energy

Bill to Expand Master Limited Partnerships to Renewable Energy Projects

The revised Master Limited Partnerships Parity Act would allow renewable energy projects to access financing and tax advantages that are currently available only to fossil fuel energy projects. On April 24, 2013, a group led by Sen. Chris Coons (D-Del.) introduced an expanded version of the Master Limited Partnerships Parity Act introduced in 2012 to…...

USDA, FAA Announce Five-Year Extension for Aviation Biofuel Research Program

The five-year biofuel research program extension aims to develop viable biofuels for the aviation sector, boost rural economies, and lower carbon emissions. On April 15, 2013, U.S. Secretary of Agriculture Tom Vilsack announced a five-year extension of an agreement between the U.S. Department of Agriculture (USDA) and the Federal Aviation Administration (FAA) to continue research…...

U.S. and China Launch Joint Initiative to Fight Climate Change

U.S. and China have committed to take cooperative action to combat climate change using practical emissions reduction measures and low-carbon initiatives, setting a powerful example to the rest of the world. On April 13, 2013, the U.S. State Department announced the U.S. and China will launch a Climate Change Working Group, recognizing the need for…...

FY 2014 Budget Proposal: Significant Investment in Clean Energy Development

In his FY 2014 budget proposal, President Obama increases spending on clean energy development, seeking to expedite R&D and boost cost-competitiveness and deployment of clean energy technologies.   President Barack Obama’s FY2014 budget plan released on April 10, 2013, proposes increases in spending for clean energy production and deployment.  The budget aims to support cost-competitiveness…...

DOE Renews Funding for Bioenergy Research

DOE’s five-year renewal of funding for its bioenergy research centers aims to bring new methods to maturity and accelerate transition of advanced technologies to the marketplace. On April 4, 2013, the Department of Energy (DOE) announced a five-year renewal of funding for its three Bioenergy Research Centers (BRCs) to support ongoing research for the development…...

New DOE Initiative to Boost Manufacture of Clean Energy Products

DOE’s Clean Energy Manufacturing Initiative would accelerate manufacturing of clean energy products and strengthen competitiveness of the U.S. clean energy sector in the global energy market.    On March 26, 2013, the Department of Energy (DOE) announced a new program – the Clean Energy Manufacturing Initiative – to support manufacturing of clean energy products in…...

U.S. Senators Introduce Energy Revenue-Sharing Legislation

A new revenue-sharing bill – the FAIR Act – would enable coastal states to receive a share of offshore energy revenue and put onshore renewable energy on the same scale as onshore fossil energy to ensure equitable revenue-sharing to encourage clean energy efforts.  On March 20, Senators Mary Landrieu (D-La.) and Lisa Murkowski (R-Alaska) introduced…...

President Obama Proposes $2 Billion Energy Security Trust

President Obama’s proposed Energy Security Trust would divert revenue from federal oil and gas development to fund research and development of alternative transportation fuel technologies. During a speech at the Argonne National Laboratory in Illinois on March 15, President Barack Obama revealed a proposal to set aside $2 billion for the Energy Security Trust, a…...