The California company has defaulted on $289 million in Nevada bonds and put $500 million in financing for a facility in Indiana on hold. Meanwhile, U.S. senators don’t want tax credits financing plastics-to-jet-fuel schemes.
Six Senate Democrats last month sent a letter to the head of the Internal Revenue Service urging the federal tax agency to prohibit companies that make fuels from plastics and other petroleum products from qualifying for federal tax credits under the Inflation Reduction Act, President Biden’s landmark climate legislation.
Fulcrum Bioenergy, Aiming to Produce ‘Net-Zero’ Jet Fuel From Plastic Waste, Hits Heavy Turbulence
Climate Change
Texas Alleges ‘Habitual Non-Compliance’ of Wastewater Rules at Dow Chemical Complex
But the lawsuit, filed Friday by Texas Attorney General Ken Paxton’s office, could shield the petrochemical giant from harsher litigation from a local citizen group.
The Texas Attorney General’s office filed a lawsuit Friday afternoon against Dow Chemical Co., North America’s largest chemical manufacturer, describing hundreds of water pollution violations from its industrial complex on the rural Gulf Coast in Seadrift.
Texas Alleges ‘Habitual Non-Compliance’ of Wastewater Rules at Dow Chemical Complex
Climate Change
New England Lawmakers Weigh Plug-in Solar as Europe’s Model Spreads
Legislation in Maine, Vermont, New Hampshire, Massachusetts and Rhode Island would allow small solar panels to plug directly into home outlets, expanding access to clean energy.
The solar panels that hang from balconies across Europe may soon be coming to New England, helping lower energy costs and ease grid demand.
New England Lawmakers Weigh Plug-in Solar as Europe’s Model Spreads
Climate Change
Senate Democrats Say Trump’s EPA Curries Corporate Favor By Weakening Air Pollution Standards
Ozone and particulate matter air pollutants cause over 100,000 premature deaths per year and affect the health of millions of Americans. EPA Administrator Lee Zeldin said last month that his agency would stop considering those costs when drafting new regulations.
Senate Democrats have launched an investigation into the U.S. Environmental Protection Agency’s decision in January to disregard human health impacts when calculating the costs and benefits of regulating the harmful air pollutants ozone and PM2.5.
Senate Democrats Say Trump’s EPA Curries Corporate Favor By Weakening Air Pollution Standards
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