Yesterday, the United States Environmental Protection Agency (EPA) announced $4.6 billion in grant awards across the nation for the Climate Pollution Reduction Grant (CPRG), made possible through funding from the Inflation Reduction Act of 2022 (IRA). CPRG is a one-time grant opportunity for states, local governments, tribes, and territories to develop and implement plans to reduce greenhouse gas emissions and other harmful air pollution.
SACE is pleased that CPRG will fund nearly $430 million in projects awarded to entities in North and South Carolina. The grants are being awarded on a competitive basis, and EPA deemed two entities in our region to have demonstrated nationally excellent programs: the Central Midlands Council of Governments in South Carolina, and the State of North Carolina (in coalition with the states of SC, VA, and MD).
The Central Midlands Council of Governments’ grant award will provide more than $8 million to establish the Community Change Microgrants program, which will provide matching funds to leverage local finances to install up to 10 municipal solar energy systems and up to 5 “smart surfaces” projects that mitigate urban heat island effect. These high-visibility projects will serve as a pilot that is expected to attract additional investment and create paid workforce training opportunities.
The North Carolina grant award will provide more than $421 million to be shared by the states of NC, SC, VA, and MD for land conservation efforts that will naturally sequester carbon across 21 projects that will “protect and restore high-carbon polluted coastal habitats and peatlands and manage the protection, use, and restoration of forested land.”
These CPRG awards rose to the top from applications all across the country that were judged competitively by EPA. The $4.6 billion represents the one and only award announcement of the CPRG competitive grants program. This grant program was one of many crucial programs enacted by the IRA, the largest-ever climate and clean energy policy. Other key IRA programs include tax credits for clean energy, energy efficiency, and electric vehicles; residential rebates for home energy efficiency and efficient electric appliances; the Solar For All program to provide solar for low-income households; and innovative financing programs for clean energy for households, businesses, and utility companies. Altogether, the CPRG grants and other IRA programs are reducing harmful pollution and allowing residents and businesses to have options to keep bills lower, while demonstrating the government can accomplish major progress on big problems like the climate crisis. The overwhelming majority of Southeast residents supports more governmental action to take on climate change and promote the transition to clean energy – CPRG and the other IRA programs represent President Biden and Congress delivering on this priority.
SACE is thrilled that these CPRG awards will join with the other measures of progress on advancing clean energy and combating the climate crisis in our region, while strengthening local economies, providing good jobs, and reducing public health risks
The post Nearly $430 Million in Climate Pollution Reduction Funding Awarded by EPA in the Carolinas appeared first on SACE | Southern Alliance for Clean Energy.
Nearly $430 Million in Climate Pollution Reduction Funding Awarded by EPA in the Carolinas
Renewable Energy
ACORE Statement on Treasury’s Safe Harbor Guidance
ACORE Statement on Treasury’s Safe Harbor Guidance
Statement from American Council on Renewable Energy (ACORE) President and CEO Ray Long on Treasury’s Safe Harbor Guidance:
“The American Council on Renewable Energy (ACORE) is deeply concerned that today’s Treasury guidance on the long-standing ‘beginning of construction’ safe harbor significantly undermines its proven effectiveness, is inconsistent with the law, and creates unnecessary uncertainty for renewable energy development in the United States.
“For over a decade, the safe harbor provisions have served as clear, accountable rules of the road – helping to reduce compliance burdens, foster private investment, and ensure taxpayer protections. These guardrails have been integral to delivering affordable, reliable American clean energy while maintaining transparency and adherence to the rule of law. This was recognized in the One Big Beautiful Act, which codified the safe harbor rules, now changed by this action.
“We need to build more power generation now, and that includes renewable energy. The U.S. will need roughly 118 gigawatts (the equivalent of 12 New York Cities) of new power generation in the next four years to prevent price spikes and potential shortages. Only a limited set of technologies – solar, wind, batteries, and some natural gas – can be built at that scale in that timeframe.”
###
ABOUT ACORE
For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to clean energy expansion. ACORE unites finance, policy, and technology to accelerate the transition to a clean energy economy. For more information, please visit http://www.acore.org.
Media Contacts:
Stephanie Genco
Senior Vice President, Communications
American Council on Renewable Energy
genco@acore.org
The post ACORE Statement on Treasury’s Safe Harbor Guidance appeared first on ACORE.
https://acore.org/news/acore-statement-on-treasurys-safe-harbor-guidance/
Renewable Energy
Should I Get a Solar Battery Storage System?
Renewable Energy
Wine Grapes and Climate Change
I just spoke with a guy in the wine industry, and I asked him how, if at all, climate change is affecting what we does.
From his perspective, it’s the horrific wildfires whose smoke imbues (or “taints”) the grapes with an unpleasant flavor that needs to be modified, normally by creative methods of blending.
-
Climate Change2 years ago
Spanish-language misinformation on renewable energy spreads online, report shows
-
Climate Change Videos2 years ago
The toxic gas flares fuelling Nigeria’s climate change – BBC News
-
Greenhouse Gases1 year ago
嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change1 year ago
嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Carbon Footprint1 year ago
US SEC’s Climate Disclosure Rules Spur Renewed Interest in Carbon Credits
-
Climate Change2 years ago
Why airlines are perfect targets for anti-greenwashing legal action
-
Climate Change1 month ago
Guest post: Why China is still building new coal – and when it might stop
-
Renewable Energy2 months ago
US Grid Strain, Possible Allete Sale