Energy Innovation Policy and Technology LLC

A lot of things are driving U.S. electric utility rates higher — volatile fossil gas prices and costly investments in aging grids and coal plants among them. But cheap wind and solar can’t be blamed for sky-high power bills, a new Energy Innovation Policy and Technology LLC report finds. Here's the story: https://ow.ly/TRgr50SBL7l #utilities #electricbills #solar #cleanenergy #fossilfuels

The "three pillars," a set of rules proposed by the Treasury Department for regulating Biden's clean hydrogen tax credits, are crumbling. "The Treasury has been under immense pressure from Congress, energy companies, and even leaders at the Department of Energy to relax the rules since before it even published the proposal in December," Emily Pontecorvo writes. "But lately, the campaign to dismantle the pillars has gotten both more forceful and more threatening." Here's a sneak peek at some of the expert opinions on the tax credits and their effects from the full article below: “They're losing advantage over other parts of the world,” says Hector Ivan Arreola, principal analyst for hydrogen and emerging technologies at Wood Mackenzie, on the clean hydrogen industry in America. “People can always sue today to challenge regulations. It's just that the odds of success have increased,” Keith Martin, a renewable energy tax lawyer at the firm Norton Rose Fulbright says of companies' abilities to sue regulatory agencies following the loss of Chevron deference. “Bottom-line, the effectiveness of green hydrogen as a decarbonization tool is being artificially held back," says Beth Deane, chief legal officer for Electric Hydrogen. "We need to give up perfection on both sides of the three-pillar debate and find the ‘good enough’ solution that lets early mover projects move forward with less stringent requirements." "This effectively unlocks more than 10 million metric tons of dirty electrolytic hydrogen,” Dan Esposito, a manager in the electricity program at the think tank Energy Innovation Policy and Technology LLC says of the emissions consequences of the three pillars' weakening. “We need to deploy this infrastructure,” Paulina Jaramillo, a professor of engineering and public policy at Carnegie Mellon University, says of subsidizing electrolytic hydrogen. “We need to deploy it now so it’s available later.”

Record-breaking heatwaves in India this year have left hundreds (more likely thousands) ill or dead--a situation that will only worsen as the climate crisis accelerates. CLASP, the Crux Alliance's lead for the appliance sector, is working closely with the Indian government and manufacturers to ensure all people have access to highly efficient, life-saving cooling that won't worsen planet-heating emissions. Read about their latest policy wins in a new blog, featuring CLASP expert Neha Dhingra ⤵ https://lnkd.in/eVFgYDZj

Jeff St. John at Canary Media Inc. covers the recent report from Energy Innovation Policy and Technology LLC debunking claims that clean energy is driving up retail rates. "The real drivers of climbing electricity rates are spikes in fossil gas prices, rising costs to maintain and rebuild aging and stressed grid infrastructure, and a utility business model that incentivizes big capital investments that customers have to pay off over decades." A good read: https://lnkd.in/dEWss97p #CleanEnergy #mythbusting

Clean energy has emerged as the most economical energy option in the U.S. according to a new report from Energy Innovation Policy and Technology LLC. Solar and wind technologies now lead as the most cost-effective sources of electricity nationwide, surpassing traditional fuels in many regions. This affordability not only benefits consumers but also strengthens grid reliability and promotes a cleaner future. https://bit.ly/4bSDHUX

I've been fascinated by the role of emotions in motivating behavior since my grad school days, and new research is demonstrating that how we feel about climate change and its impacts on ourselves, and the people and places we love, can be a powerful motivator for taking concrete actions to solve the #climatecrisis. I summarized some excellent, highly valuable comms studies from the U.S., Australia, and India in a new blog for Aspen Global Change Institute. Would love (!) to know what you think of the findings! Thank you: Ed Maibach Dr. Yolanda Waters chayasmita deka https://lnkd.in/gmTQnrd5

U.S. power bills have risen 20% in four years. Our Silvio Marcacci explains how the cost of #fossilfuels and #climatechange are crunching American consumers. https://lnkd.in/ejbh2wYe

Skyrocketing power bills are a huge problem - 33% of U.S. households had to forego basic necessities to pay energy bills over the past year. So who's to blame? Volatile gas prices, expensive coal, and the climate change they worsen are to blame for skyrocketing costs. https://lnkd.in/gs8UeXuu

🚨 New research released today by Energy Innovation Policy and Technology LLC finds that the biggest culprits behind rising #utility prices include #fossilfuels and the #climatechange impacts they cause - not #cleanenergy. Clean energy is not causing electric bills to rise, check out the report for the details on what is causing the increase. https://lnkd.in/eQRe9A58

Our Greg Alvarez writes about how #wind and #solar are the cheapest forms of #electricity, but a variety of restrictions threaten economic growth and the health of American communities. https://lnkd.in/ed77rN9Y