WASHINGTON (AP) : The Biden administration has issued its first clean energy loan guarantee, reviving an Obama-era program that helped launch the country’s first utility-scale wind and solar farms a decade ago but has largely gone dormant in recent years. The Energy Department said it would guarantee up to $1 billion in loans to help […]
Biden Administration Moves to Expand Solar Power on US Land – EQ Mag Pro
BILLINGS, MONT. : U.S. officials announced approval Tuesday of two solar projects in California and moved to open up public lands in three other Western states to potential solar development as part of the Biden administration’s effort to counter climate change by shifting from fossil fuels. The U.S. Bureau of Land Management (BLM) approved the […]
Biden orders gradual U.S. government swap to electric vehicles, renewable energy – EQ Mag Pro
Under the order, government buildings must use 100% carbon pollution-free electricity by 2030 and the U.S. fleet of cars and trucks must become all-electric by 2035. WASHINGTON : President Joe Biden on Wednesday signed an executive order to make the federal government carbon-neutral by 2050, aiming for a 65% reduction in planet-warming greenhouse gas emissions […]
Biden Pushes Electric Vehicle Chargers as Energy Costs Spike – EQ Mag Pro
President Joe Biden is highlighting billions of dollars in his big new infrastructure deal to pay for the installation of electric vehicle chargers across the country. DETROIT (AP) : President Joe Biden punched the accelerator on a battery-powered Hummer on Wednesday, causing the wheels to squeal and the truck to jet forward as he tried […]
Biden Tax Threatens Climate Goals, Clean-Power Companies Say – EQ Mag Pro
Corporate tax changes proposed in President Joe Biden’s $2 trillion spending plan threaten to undercut his ambitious climate goals and undermine clean-power development, according to energy companies that oppose it. The latest version of the spending package, which is still being debated in the U.S. Congress, includes a minimum tax of 15% on a corporation’s […]
Biden signs $1.2 trillion infrastructure bill into law, hailing bipartisan breakthrough – EQ Mag Pro
Washington : President Biden signed his $1.2 trillion infrastructure bill into law on Monday, delivering on a major campaign promise that aims to revitalize the nation’s roads, bridges, waterways and public transit. On Monday night, Mr. Biden then had his first face-to-face meeting with Chinese President Xi Jinping, a meeting he said he hoped would be “candid.” “We […]
Biden’s new spending framework has $555 billion for clean energy – EQ Mag Pro
President Joe Biden is expected to unveil a new $1.75 trillion spending framework on Thursday, which includes $555 billion for clean energy. The spending would represent the single largest climate investment in U.S. history. The framework focuses on incentives rather than punishments. President Joe Biden is expected to unveil a new $1.75 trillion spending framework […]
Tariffs, seizures expose U.S. solar industry’s vulnerability to imports – EQ Mag Pro
Tighter availability of foreign panels could hurt the booming industry and set back President Joe Biden’s effort to decarbonize the nation’s power sector. Cheap imports have fueled the U.S. solar industry’s dramatic growth for years. Now, mounting trade and transport issues is exposing that dependence as a vulnerability, slowing shipments and putting big projects at […]
Biden Infrastructure Plan Takes on EV Charging’s Inequality Problem – EQ Mag Pro
The Biden administration has an ambitious $7.5 billion plan to expand electric vehicle charging to underserved areas, but it must first overcome a host of obstacles that have discouraged private investment in more equitable charging networks. The experience of California – the U.S. state with the largest number of EVs and the most advanced charging […]
Schumer Says Infrastructure Bills Edge U.S. Close to Biden Climate Goals – EQ Mag Pro
WASHINGTON : Senate Majority Leader Chuck Schumer said on Wednesday that the United States would be on track to meet its climate goals in the next decade, with measures introduced in two infrastructure bills along with efforts by states and the federal government. President Joe Biden in April hiked the U.S. target for slashing economy-wide […]