Rep. Jim McDermott, D-Wash., recently introduced the Clean Renewable Energy for Public Power Act (H.R. 1821), which would extend and reform the Clean Renewable Energy Bond program authorizing government entities, rural cooperatives and municipally-owned electric systems to issue tax-credit bonds for renewable energy projects, as a counterpart to the production tax credit available to investor-owned utilities and other renewable energy project developers.
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About John Farrell
John Farrell directs the Energy Self-Reliant States and Communities program at the Institute for Local Self-Reliance and he focuses on energy policy developments that best expand the benefits of local ownership and dispersed generation of renewable energy. More
A recent speech by ILSR Vice President, David Morris, focuses on ways to ensure that our nation’s move to have 25 percent of our energy consumption come from renewable energy by 2025 will maximize the benefits to the communities in which these fuels are produced and harvested.
As of today, 111 college Presidents have signed on to an initiative, The American College & University Presidents Climate Commitment, that commits their campuses to become carbon neutral. Continue reading
The Energy Policy Act of 2005 required that DOE, in consultation with the Federal Energy Regulatory Commission (FERC), conduct a study of the potential benefits of cogeneration and small power production. The final report, The Potential Benefits of Distributed Generation and Rate Related Issues that May Impede Their Expansion, is now open for public comment until April 30, 2007.
This year offers a rare historical opportunity for our nation to marry energy and agricultural policy objectives. The new 110th Congress will be revisiting the 2005 energy bill and reauthorizing the 2002 farm bill, giving congressional leaders the chance to link increased rural prosperity and energy security. Two reports released today will be useful guides.
Our January 2007 report, Lessons from the Pioneers: Tackling Global Warming at the Local Level looks at ten of the most visible and successful cities involved in global warming solutions and finds that reducing GHG emissions below 1990 levels will be a major challenge.
The Interstate Renewable Energy Council (IREC), a group that has long been been tracking state-level developments related to net metering and distributed generation interconnection activities, has released its first monthly summary of state-level activities required under the federal Energy Policy Act of 2005 (EPAct 2005).
A modest tax incentive proposal in Boulder, Colorado, creates a solar renewable energy fund from local sales tax revenues on solar energy equipment. About one third of the revenues will go for partial sales tax rebates and the other two-thirds will go to upgrade and fund new solar projects in the city at low income and nonprofit organization sites.
One of the first orders of business for the new Congress should be to eliminate a single sentence in the Energy Policy Act of 2005. The language was added in the waning hours of the conference committee negotiations. According to ILSR, if it does not, the commercialization of ethanol made from cellulose could be delayed.
The article below by David Morris provides and overview of the mess.
Last week, the Internal Revenue Service (IRS) announced that 610 projects have been given the authority to issue Clean Renewable Energy Bonds (CREBs) to help finance renewable energy development across the country. State and local governments and municipal and cooperative utilities were eligible to apply.