What the Inflation Reduction Act Means for Direct Air Capture 0822.rtf
The tax credit awarded companies for CO2 captured and durably stored was raised from $50 to $180 per tonne. For CO2 captured and utilized (concrete, carbonation, oil extraction, etc.), the increase was from $35 to $130 per tonne. Minimum capture to claim the credits is reduced to 1,000 tonnes / year. Smaller projects can receive direct pay for the full value of the credits for the projects 1st 5 years. Also, the deadline to build eligibale facilities ws extended 7 years. The Act also provides $2.15 billion for low-carbon buildings and use of low-carbon materials. This benefits companies such as CarbonCure and CarbonBuilt,which incorporate captured CO2 into building materials.
9 Ways Biden’s $2 Trillion Plan Will Tackle Climate Change 0321.rtf
Modernize & weatherize affordable housing.
Accelerate transistion to electric vehicles.
Modernize power grid.
Modernize public transit.
$35B for R&D (storage, carbon capture, hydrogen, advanced nuclear, floating offshore wind, rare earth separation).
Clean up old oil/gas wells and coal mines.
Raise corporate taxes, end fossil fuel subsidies.
Clean electricty and energy efficiency standards.
Civilian Climate Corps.
Renewable Portfolio Standards are an important part of the US electricity landscape.
They require significant amounts of renewable energy, as shown in an earlier diagram, below. Most of that renewable energy has come from wind. Note that Oklahoma and Indiana added goals since then, while West Virginia converted its goal into a standard.
What You Need to Know About the New Massachusetts Climate Law 0321.rtf
GHG emissions (from 1990) -50% by 2030, -75% by 2040, -100% by 2050.
Targets by sector: electricity, transport, homes, industrial process, non-residential buildings, gas distribution.
Stretch builing code extends to net-zero.
Utility commission to target reducing GHG emissions.
Renewable portfolio standard rises 3% a year. 2.4 GW more offshore wind.
GHG emission goals for munis.
Energy efficiency move homes from fossil fuels to electric.
Adopts California appliance efficiency standards.
Creates EV and charging station targets.
State Renewable-Energy Laws Are Incredibly Hard to Repeal 0813.rtf - ALEC is ineffective.
Trump 2 - 2025-28 EPA Articles
Trump’s EPA to Claim Power-Plant Emissions ‘Not Significant’ – but That Is False 0625.rtfTrump EPA’a Weakened Rules Projected to Cost $ Billions & 1,000s of Lives 0625.rtfE.P.A. Plans to Shut Down the Energy Star Program 0525.rtfThe E.P.A. vs. the Environment 0325.rtfE.P.A. Unfreezes at Least Some Climate Spending 0225.rtfMassachusetts et al. v. EPA et al. - Supreme Court 0407 - PDF, 66 pp
The EPA is required to regulate pollution from cars and trucks if it found that they endangered public health or welfare.
Section Map: Government