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More than 100 Lawmakers Urge Banking Regulators to Revise Basel III Tax Equity Provisions to Not Imperil Clean Energy Transition

WASHINGTON, D.C. – Led by U.S. Congressman Sean Casten (IL-06), 106 lawmakers sent a letter today to Federal Reserve Chairman Jerome Powell, Federal Deposit Insurance Commission Chairman Martin Gruenberg, and Acting Comptroller of the Currency Michael Hsu, urging the agencies to revise tax equity provisions in the proposed Basel III rules that could imperil the clean energy transition. Following is a statement from Lesley Hunter, Senior Vice President of Programs and Sustainable Finance for the American Council on Renewable Energy (ACORE):

“Tax equity is a predominant source of financing in the U.S. renewable energy market, and it is critical that federal agencies immediately clarify a risk weight for renewable energy tax equity reflective of these investments’ loan-like characteristics, low-risk profile, and overwhelmingly positive historical returns. Near-term action is essential to avoid stifling crucial financing for the renewable sector at a time when it is needed most.”

For more information on renewable energy tax equity investments, click here.

To download ACORE’s letter on the impact of these proposed bank regulatory capital requirements on tax equity investment in clean energy, click here.

About ACORE:
For more than 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s premier pan-renewable nonprofit organization. ACORE unites finance, policy, and technology to accelerate the transition to a renewable energy economy. For more information, please visit www.acore.org.

Media Contacts:
Alex Hobson
Sr. Vice President, Communications
American Council on Renewable Energy
hobson@acore.org | 202.830.3592 (o) | 202.594.0706 (c)

Dylan Helms
Associate, Communications
American Council on Renewable Energy
helms@acore.org | 202.935.6491 (o) | 727.290.8804 (c)

The post More than 100 Lawmakers Urge Banking Regulators to Revise Basel III Tax Equity Provisions to Not Imperil Clean Energy Transition appeared first on ACORE.

https://acore.org/news/more-than-100-lawmakers-urge-banking-regulators-to-revise-basel-iii-tax-equity-provisions-to-not-imperil-clean-energy-transition/

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Renewable Energy

John Eastman, One of Trump’s Attorney Henchmen in an Attempt to Overthrow the U.S. Government, Is Disbarred

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In April of this year, the California Supreme Court disbarred attorney John Charles Eastman. This after the State Bar Court Review Department in July 2025 affirmed the findings of the State Bar Court Hearing Department’s March 2024 recommendation, which found Eastman culpable of 10 out of 11 charges for egregious and deceitful conduct and recommended his disbarment.

Apparently, certain bodies within the United States are still trying to maintain justice here in America.

John Eastman, One of Trump’s Attorney Henchmen in an Attempt to Overthrow the U.S. Government, Is Disbarred

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Renewable Energy

Statement on FERC Actions Regarding Large Load Interconnection from ACORE President and CEO Ray Long

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Statement on FERC Actions Regarding Large Load Interconnection from ACORE President and CEO Ray Long

WASHINGTON, D.C. — Thank you to Chairman Swett and the Commissioners of the Federal Energy Regulatory Commission for setting the path forward for creating greater clarity and efficiency, protecting consumers, and providing greater cost transparency for the interconnection of large loads to the grid while also recognizing the unique features of each region. The United States is experiencing historic growth in electricity demand, and FERC’s ction to ensure that every regional grid operator sets fair rules for connecting large loads represents a constructive step toward ensuring the electric grid is prepared for tomorrow’s demand. 

We also appreciate the Commissioners ensuring that grid operators identify all opportunities to use advanced transmission technologies to reduce the costs to upgrade our electricity transmission system.

ACORE and our members look forward to working with FERC and other federal partners on further improvements to load and generator interconnection, additional steps on deploying advanced technologies, and delivering critical transmission expansion. 

Media Contacts:

Chris Higginbotham 
higginbotham@acore.org  
 
communications@acore.org 

The post Statement on FERC Actions Regarding Large Load Interconnection from ACORE President and CEO Ray Long appeared first on ACORE.

https://acore.org/news/statement-on-ferc-actions-regarding-large-load-interconnection-from-acore-president-and-ceo-ray-long/

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Renewable Energy

If You Believe the Trump and His Administration …

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… You’ll believe that Trump is the only force keeping Americans safe–not only from Muslims, but also from feminists, proponents of abortions rights (aka murdering babies), DEI, wokeness, gays, blacks, immigrants, news journalists, the radical left, gun control, environmentalists, healthcare advocates, wind turbine-caused cancer, intellectual elitism, socialism and anti-capitalism, vaccinations, chemtrails, atheism, and satanism.

The dumber America gets the easier it is to make these arguments.  Therefore, we need to fight against our colleges and universities.

If You Believe the Trump and His Administration …

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