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Climate Choices Part II — Session Law 2021-165 (Carbon Reduction Plan)

Smith Enviorment

Under the law, “carbon neutrality” means that for every ton of CO 2 emitted in the state by a regulated EGU an equivalent amount of CO 2 must be reduced, removed, prevented, or offset. regulated by the Utilities Commission; and 2. The law limits offsets to 5%. The reduction goals apply to electric utilities that are: 1.

2021 52
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Right on Energy: Section 45V Hydrogen Production Tax Credit  

Cresforum

Currently, the operation of a hydrogen pipeline involves oversight by various federal agencies and a patchwork of federal statutes and regulations. In May 2023, the company put a $900 million nuclear-powered clean hydrogen production facility on hold, awaiting clarity on the rules. Siting and permitting.

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Sen. Yaw To Introduce Bill To Establish PA Baseload Energy Development Fund Based On Texas Model

PA Environment Daily

As reported by Utility Dive , the initial $5 billion Texas Energy Fund would fund loans to cover 60% of project costs for at least 100 MW that can connect to the Texas ERCOT grid before June 1, 2029. More than 150 proposals were received for the funding in Texas, including 41 GW of mostly natural gas-fired generation. Read more here.