To address the climate crisis, utilities must transition from fossil fuels to clean energy. We published the first Dirty Truth Report in 2021, evaluating utility plans to transition to clean energy based on their commitments to retire coal, build clean energy, and not build new gas through 2030. In 2021, these utilities failed to plan for the clean energy transition, scoring an aggregate of 17 out of 100.1. Unfortunately, instead of correcting course, many utilities continue to fail to appropriately prepare for a clean energy future, wasting time as the clean energy transition becomes more urgent. This failure has led to the timing and cost challenges that these companies are now trying to use as excuses to remain reliant on fossil fuels.
The solutions to move away from fossil fuels exist today. Utilities are well positioned to take action with cost reductions in clean energy, strong public support for the clean energy transition, and government support for climate solutions... - Sierra Club
Showing posts with label clean energy. Show all posts
Showing posts with label clean energy. Show all posts
Friday, October 18, 2024
Utilities are doing a pitiful job in clean energy transition
This is unsurprising on the whole, but I admit that I was a little startled to see how little is being done.
Thursday, July 11, 2024
The IRA isn't perfect, but it's doing plenty of good
They had to throw a lot of crap, like nuclear and pipelines, into it to get it passed. But the good stuff is working.
The Inflation Reduction Act turns two in August, and the potential impact of the legislation is increasingly coming into view as federal guidance is issued on the law’s provisions and its tax incentives increasingly spur private investment.
So far this year, 41 major clean energy projects and $12.6 billion in private investment have been announced, according to business group E2, and 2024 has seen the IRS issue final guidance for the IRA’s prevailing wage and apprenticeship requirements as well as its tax credit transferability mechanism. - Utility Dive
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