Cleveland-Cliffs’ Post

🚨 5 Lakes Energy and Michigan EIBC's new report, prepared for Evergreen Action , projects that Michigan's newly enacted clean energy laws will drive significant economic growth and cost-savings in the state, resulting in: ⚡ Lowering household energy bills by $297 a year by 2030 ⚡ $15.6 billion in federal funding by 2030 The report also includes case studies from Michigan EIBC members, detailing how businesses across the state will be able to leverage state and federal investments to expand operations and boost quality job growth! https://lnkd.in/gscjcWMe

DEEP Commissioner Katie Scharf Dykes, joined U.S. Senator Richard Blumenthal, New London Mayor Michael Passero, Paul S. Lavoie (Chief Manufacturing Officer for Connecticut), Aziz Dehkan (CT Roundtable on Climate and Jobs), Charles Rothenberger(Save the Sound), and Pamir Alpay (VP for Research, Innovation & Entrepreneurship at University of Connecticut), and others, to discuss the future of offshore wind in #CT and our region. Offshore wind is a critically important element of #Connecticut’s strategy to provide clean, affordable, and reliable energy to our residents and businesses, and to achieve our state’s statutory target of 100 percent zero-carbon electricity by 2040.  Connecticut appreciates the Biden Administration’s release of updated guidance under the Inflation Reduction Act last Friday that will ensure more offshore wind projects—and other renewable energy projects—can qualify for and receive the IRA’s transformative federal clean energy tax credits. This new guidance, which was requested by Connecticut and other states, will enable offshore wind projects to qualify for at least a 40 percent federal investment tax credit by locating critical infrastructure or operations in communities that have historically borne the brunt of fossil fuel infrastructure.  These federal tax credits have the potential to bring lower-cost offshore wind power to Connecticut ratepayers while driving new investments in our state’s communities that are leading the clean energy revolution. #CleanEnergy #offshorewind #IRA #OSW #RenewableEnergy

The “Excellent” Positive news: Amercian industry has a plan already underway, for “our” future. Whomever wins the Presidential Election, and controls “our” Congress that ship has sailed, and “we” are headed in a clear fresh positive direction. “Three bills passed by Congress under _____ and ______ – the Infrastructure Investment and Jobs Act, the Inflation Reduction Act and the CHIPS and Science Act – have transformed U.S. energy policy. The three bills allocated hundreds of billions of dollars for building infrastructure, providing incentives for clean energy manufacturing and purchases, and funding clean energy research”. “None of these measures is likely to be completely overturned, since each funds numerous projects in red states. But implementation by the next administration will determine how effectively they stimulate clean energy growth.” (The Conversation Daniel Cohan, Professor of Civil and Environmental Engineering, Rice University, September 30, 2024) The irony in this scenario: Many people that refuse to acknowledge “our” economy as growing and the improvements are underway helping them move into “our” modern society are reaping major benefits from the above ground-breaking legislation.

🤏⚡🌎 Feeling the pinch of energy price spikes due to global fossil fuel issues stings. We're also seeing more extreme weather. Heavy rains we are even experiencing in the winter, and the increasing number of extreme heat days and intense storms in the summer, are all linked to fossil fuel pollution. That's why moving to zero-carbon energy is so important. It's not just better for the planet, it can also make our energy supply more affordable and reliable. Cleaner energy helps reduce emissions from cars and buildings. For example, electric vehicles, which are getting more popular every year, are even better for the environment when powered by Connecticut's electricity, which is already 73% carbon-free. As we keep cleaning up our energy, the benefits will also grow. Embracing clean energy means a less volatile energy market AND a healthier, more sustainable Connecticut for everyone. 👏

CEA President David Holt warns about the negative impacts of overreaching government energy policies. States like #California, #NewYork, and those in #NewEngland are restricting the use of #naturalgas and hindering the development of critical energy infrastructure. These misguided policies are driving up energy costs for families and businesses, threatening the reliability of our electric grid, and forcing companies to consider relocating to more energy-friendly states. Despite the US leading the world in emissions reduction, failed government policies and rampant inflation under the current leadership have caused electricity prices to surge 30% in just two years, costing the average household an extra $1,200 annually. Watch the full interview to learn why energy policy should be a non-partisan issue, as it affects every American ⬇

The IRA is an example of the commitment of the United States to the clean energy transition. However, despite ambitions towards developing a low-carbon and resilient energy system, there are multiple and various challenges for a rapid deployment of the infrastructures that are necessary to meet the expanding energy requirements. Permitting is one of them.   Both sides of the aisle recognize the need for a faster permitting structure and increasing legislative certainty to attract investments in all of the areas of the energy value chain. Earlier this week, a bipartisan bill that aims to address this issue has been presented, and my colleagues Quill Robinson, Ray Cai, Cy McGeady and I take a look from different angles at how it could help America's energy reforms. https://lnkd.in/epKwk4ev

New Report: Michigan continues to lead the nation in clean energy projects! 💪⚡ Bolstered by President Biden’s Inflation Reduction Act (IRA), Michigan is No. 1 in the nation for IRA projects, which have resulted in more than $25 billion in new investments across the state. This funding, in tandem with Governor Whitmer’s clean energy legislative package and bipartisan economic development tools, is growing the middle class, creating good-paying, indemand manufacturing jobs, bringing supply chains home, and lowering energy costs for families. Read more: https://lnkd.in/g6-EiMaU See the full report from Climate Power: https://lnkd.in/gjGUaEDf #MIHealthyClimate #MICleanWater

With the 2024 #presidentialelection just months away, EPSA remains focused on our legislative priorities through a changing and expanding energy grid. In our latest blog, EPSA Assistant Vice President, Government Affairs Jeff Turcotte breaks down our top policy areas that help the meet its #climate goals while supporting reliable and cost-effective power supply for Americans. "It may be easier to wax poetic about the clean energy expansion, but it’s critical that policymakers and regulators are willing to make the investments to ensure a solid foundation of reliability." Read more: https://lnkd.in/eUBa5pv5

Thanks again to the team at Veriten for having me on the COBT Podcast to discuss the alarming state of energy policies in the U.S. If you haven’t checked it out, please do. We discuss the issues in states like California, New York, and those in New England, where the war on natural gas and critical infrastructure projects are driving energy prices through the roof, putting businesses at risk and increasing the likelihood of devastating brownouts and blackouts.   As we discussed, American families need our political leaders to take the politics out of energy policy. This is a fundamental issue that affects every single American, regardless of party affiliation. While the U.S. has been a global leader in emissions reduction, our current trajectory threatens to make energy unaffordable and unreliable.   Politicians who fail to adopt a sensible approach to energy should not be in office. It’s time for voters (families, business owners!) to make our voices heard.

Office of Governor Jeff Landry and Office of Governor Christopher T. Sununu have just announced the formation of the Governors’ Coalition for Energy Choice, a powerful alliance that includes Office of Governor Brian P. Kemp Governor Lee, Eric Holcomb Mark Gordon, Governor Huckabee Sanders, Governor Noem, Kevin Stitt for Governor, and Youngkin for Governor, Inc. This coalition is focused on addressing high energy costs and empowering states to shape policies that directly benefit families, businesses, and communities across the country. It’s so important to have these great leaders advocate for affordable, reliable, and environmentally responsible energy options while working to reduce the burden of costly regulations. As energy costs continue to strain families, learn how the coalition is taking a stand for better policies ⬇ #EnergyChoice #AffordableEnergy #ReliableEnergy #GovernorsCoalition