In a significant boost for the clean energy sector, U.S. households claimed a record $8.4 billion in tax credits for energy efficiency and clean energy improvements in 2023, according to a recent Treasury Department report. This substantial uptake of tax incentives underscores a growing commitment among Americans to adopt sustainable practices and invest in energy-saving technologies.
Record Tax Credit Claims
The $8.4 billion in tax credits represents a major milestone for federal efforts to promote...
In a significant shift in its renewable energy strategy, New Jersey has recently decided to cancel its plans to award a fourth offshore wind farm project. The decision marks a crucial moment in the state’s ongoing efforts to expand its offshore wind sector, which has long been hailed as a...
Recent data from Abacus Data reveals a significant decline in public concern about climate change, with a 14-point drop reported since the previous year. This shift prompts important questions about the factors influencing public perception of climate issues and the implications for climate policy...
In December 2024, President Joe Biden's administration set an ambitious target to reduce U.S. greenhouse gas (GHG) emissions by 61% to 66% by 2035, compared to 2005 levels. This goal aligns with the Paris Agreement's framework, which requires participating nations to update their emission reduction...
New York State's transition to a clean, zero-emissions energy grid could include up to 8.5 gigawatts (GW) of grid flexibility by 2040, according to a new report from the Brattle Group. This projection, while contingent on achieving ambitious decarbonization goals, illustrates how the state could...
In a significant policy shift, the Trump administration has ordered a halt to the construction of the Empire Wind 1 offshore wind project off the coast of Long Island, New York. This move has raised concerns about the future of renewable energy development in the United States, particularly in...
Iowa, a leading state in wind energy production, is making significant strides in addressing the environmental challenge posed by decommissioned wind turbine blades. Traditionally, these blades—constructed from durable materials like fiberglass and resin—have been difficult to recycle,...
As the global demand for renewable energy intensifies, wind farms are emerging as pivotal players in the transition to sustainable power sources. In 2023, the wind industry added a remarkable 117 gigawatts (GW) of global capacity, underscoring its growing significance in the energy landscape....
Michigan is accelerating its transition to renewable energy, aiming to generate 60% of its electricity from clean sources by 2030. This ambitious goal is part of a broader strategy to achieve 100% clean energy by 2040, as outlined in the MI Healthy Climate Plan. To meet these targets, developers...
In a significant legal move, 17 Democratic-led states and the District of Columbia have filed a lawsuit against the Trump administration, aiming to block its executive order that halts federal approvals for new wind energy projects. The lawsuit, filed in the U.S. District Court for the District of...
Texas is at a pivotal crossroads in its energy policy, with legislative actions that could significantly reshape the state's electricity landscape. A recent report by Aurora Energy Research, commissioned by the Texas Association of Business, warns that proposed restrictions on renewable energy...
