September 25, 2023

Federal Policy

Federal Budgets, Procurements to Include Social Cost of GHGs

President Joe Biden has directed all federal agencies to incorporate the social cost of greenhouse gases into a range of key processes.

United Nations
Calif. Governor: ‘Climate Crisis is a Fossil Fuel Crisis’
Saying that 'humanity has opened the gates of hell,' UN Secretary General Antonio Guterres called for an end to subsidies for fossil fuels worldwide and a phaseout of all coal-fired generation in well-off countries by 2030.
Treasury Issues Principles for Net-zero Financing, Investment

The U.S. Treasury Department published guidance for private-sector financial support of net-zero initiatives, a collection of voluntary best that promotes consistency and credibility.

Report Extols the Benefits HVDC Lines Offer the Grid
A report released by ACORE and Grid United highlighted how Europe is using HVDC transmission lines to advance its decarbonization efforts and explained how the U.S. could do the same.
Feds Release Road Map for Offshore Transmission Grid
Federal regulators issued a suggested road map for building out the transmission network needed for the thousands of wind turbines envisioned off the Northeast coast. 
DOE Reports Examine Difficult Job of Industrial Decarbonization

The agency's three “Pathways to Commercial Liftoff” reports focus on the challenges of industrial decarbonization.

Maryland Department of the Environment
Maryland Moves Ahead with Advanced Clean Car and Truck Rules

Maryland is the eighth state to adopt the Advanced Clean Cars II rule, which will require all new light-duty vehicles sold in the state to be zero emission by 2035.

South Fork Wind
Northeast Governors Ask Feds to Assist OSW Industry
Governors of states that have procured all the offshore wind power contracted to date in U.S. waters are asking the federal government to help the struggling industry regain its momentum. 
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Hickenlooper and Peters Introduce BIG WIRES Act
The BIG WIRES Act would require FERC to set minimum transfer capabilities between regions to better connect the grid in order to promote reliability and ship cheap power around the country.
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More Federal Outreach Needed to Support Clean Energy Development on Tribal Land
The challenge of unlocking the renewable energy development of tribal lands goes beyond financing, and requires respect, patience and innovation.

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