Climate 411

Making the most of our climate investments: 4 lessons learned from new research

By Chelcie Henry-Robertson / Published: January 31, 2023

Photo Credit: Canva

This blog was co-authored by Morgan Rote, Director, U.S. Climate.

In the last year, the U.S. secured historic investments from the Infrastructure Investment and Jobs Act (IIJA), Inflation Reduction Act (IRA), and CHIPs and Science Act that position our country to drive transformational progress on emissions, energy security and jobs in clean energy and manufacturing. Getting those laws through Congress to President Biden’s desk was no easy feat — they’ve been decades in the making — and the next chapter may be just as challenging: implementing those clean energy and innovation investments swiftly and fairly across the nation.

To ensure these laws make the impact we need this decade, federal agencies like the Department of Energy need to design, build and evaluate programs that maximize this funding. Two reports commissioned by EDF offer valuable insights and recommendations on how to best design and evaluate clean energy and innovation programs.

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Also posted in Cities and states, Energy, Policy / Read 1 Response

DOE has a big opportunity to decarbonize industry. Here’s how it can leverage a new program.

By Sonali Deshpande / Published: December 20, 2022
Factory with pollution

Photo Credit: Canva

This blog is the second of a series of analyses being developed by a coalition of NGOs engaged in decarbonization of the U.S. industrial sector. It focuses on investment priorities for $5.8 billion in funding for industrial decarbonization in the Advanced Industrial Facilities Deployment Program (AIFDP), passed by Congress as part of the Inflation Reduction Act. We and our partners will continue to update our blogs to references one another’s work. See the recent posts by ITIF, and NRDC+RMI.

The Inflation Reduction Act made a historic down payment on climate and clean energy progress across the economy, including new investments that take aim at a notoriously tough-to-decarbonize sector: industry. A key provision in this law is the $5.8 billion Advanced Industrial Facilities Deployment Program (AIFDP), which is intended to support early-stage demonstrations of technologies and processes that could cut emissions in the industrial sector. The Department of Energy now has the opportunity to design this program to maximize breakthroughs in technologies and benefit communities.

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Also posted in Energy, Policy / Comments are closed

Minnesotans are ready for state lawmakers to take bold climate action

By Alex DeGolia / Published: December 8, 2022

Minnesotan Lakeshore

After the November election, Minnesota policymakers are now in the best position than they have ever been to take critical steps to put in place policies necessary to tackle climate change. In doing so, they have the opportunity to create good paying jobs, protect communities from harmful air pollution, and secure a safer future for all Minnesotans.

A recent poll, commissioned by EDF Action and conducted by Global Strategy Group, found broad support among majorities of Minnesotans for ambitious climate policies – including those that limit carbon pollution, encourage more use of clean energy, and reduce pollution from specific sectors such as transportation and agriculture. Majorities of Minnesota voters also want the Governor and state lawmakers to do more to support these and other climate policies.

As Minnesota lawmakers prepare for the upcoming legislative session in January, the results of this poll underscore how popular climate action is among the state’s voters. Here are five key polling results:

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Also posted in Agriculture, Carbon Markets, Cities and states, Policy / Comments are closed

One year later: What’s next for the bipartisan infrastructure law’s historic investments in new climate tech?

By Chandler Green / Published: November 15, 2022

A year ago, President Biden signed the bipartisan Infrastructure Investment and Jobs Act into law, the largest investment in infrastructure since the New Deal.

Among the many key climate investments included, the infrastructure law put a long-awaited down payment on several new and promising climate solutions including carbon dioxide removal, hydrogen, long-term energy storage and technologies to support clean industry.

We spoke with Natasha Vidangos, Senior Director for Climate Innovation and Technology at Environmental Defense Fund, about what’s next for these investments and how they can help us tackle the climate crisis.

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Also posted in Greenhouse Gas Emissions, News / Comments are closed

9 recommendations for getting US hydrogen hubs right from the start

By Morgan Rote / Published: August 24, 2022

This post was co-authored by Akin Olumoroti, Senior Analyst, Federal Climate Innovation

Over the last year, hydrogen has gained significant momentum as a pathway to reduce pollution, create jobs and drive economic growth. Billions of dollars of private sector investment and tax credit support have been announced, and hydrogen build-out is already ramping up.

Earlier this summer, the Department of Energy (DOE) outlined its process for allocating $8 billion of investment for regional clean hydrogen hubs (i.e., close-proximity networks of clean hydrogen producers, consumers and connective infrastructure) from the Infrastructure Investment and Jobs Act (IIJA), and states and companies across the country are actively developing project plans and proposals.

But before we go all-in on deploying hydrogen, it’s essential we understand – and prepare for – its potential risks. EDF has been conducting research around the environmental and climate impacts of hydrogen and has identified several key considerations, including the indirect climate warming potential of hydrogen leakage, the steep energy requirements associated with hydrogen production, and the impacts that hydrogen build-out may have on local communities’ health and environment.

These considerations will be critical to apply as hydrogen hub planning gets underway, so that we not only support hydrogen deployment – but dedicate just as much energy to getting it right.

As hydrogen hub proposals come together, here are nine initial recommendations for federal and state policymakers and hydrogen hub developers to follow:

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Also posted in Energy, Greenhouse Gas Emissions, News, Policy / Authors: / Comments are closed

Key climate finance programs in the Inflation Reduction Act could unleash 10 times more private investment

By Sonali Deshpande / Published: August 17, 2022

This blog was co-authored by Nicole Buell, Director for Federal Climate Innovation at EDF.

The Inflation Reduction Act puts a nearly $370 billion down payment on clean energy and climate progress, making it the most significant climate action ever taken by Congress. But this federal funding only scratches the surface of the law’s transformative impact on our economy.

A new policy brief from Environmental Defense Fund shows that investment in a few of the law’s key climate finance programs could pack an even greater punch, catalyzing 10 times greater investment from the private sector. Finance programs, including a new federal green bank, a program to reinvest in energy infrastructure and additional support for existing Department of Energy loan programs, could translate $38.7 billion of federal spending into $385 billion of private investment. 

key climate finance programs unlock 10X more private investment

Here are some of the main ways the law can unleash more private dollars.

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Also posted in Greenhouse Gas Emissions / Authors: / Read 1 Response