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States need to find alternatives to fossil fuel revenue

Jan 24, 2024
Written by
Kathryn Krawczyk
In collaboration with
energynews.us
States need to find alternatives to fossil fuel revenue

CLEAN ENERGY: States bring in hundreds of millions of dollars each year in fossil fuel revenues, paying for schools and roads that will need to find other funding sources as states transition to renewables. (Axios)

EQUITY: As many as 1.5 million U.S. families could lose access to home heating assistance funds if Congress doesn’t include an additional $2 billion in aid in next year’s budget. (The Hill)

CLIMATE: House Republicans argue that the SEC’s upcoming rule requiring businesses to submit climate-related disclosures oversteps the agency’s authority based on a recent Supreme Court ruling. (Utility Dive)

NUCLEAR:

GRID: The North American Electric Reliability Corp. details a three-year plan for creating reliability standards for inverter-based resources including wind, solar and battery storage. (Utility Dive)

ELECTRIC VEHICLES: The Biden administration still needs to specify which parts of electric vehicle charging station construction can be paid for with newly detailed federal tax credits. (Canary Media)

SOLAR:

NATURAL GAS: Renewable energy advocates raise concerns about storing liquefied natural gas next to power plants, saying it doesn’t make sense to invest in gas as the country moves to renewables. (States Newsroom)

COAL: A Wyoming law requiring utilities to consider retrofitting aging coal-fired power plants with carbon capture rather than retiring them is increasing utility bills and could end up costing ratepayers billions of dollars. (WyoFile)

COAL ASH:

  • The Tennessee community near the Tennessee Valley Authority’s coal-fired Bull Run plant worry about its pending closure, from its effect on grid reliability to how the utility will address decades of toxic coal ash at the site. (Tennessee Lookout)
  • The U.S. EPA’s determination that coal ash can significantly increase risks of cancer raises concerns in Alabama not just over continued storage of coal ash in unlined pits, but about its “beneficial uses” in structural fill and in residential areas. (Inside Climate News)

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