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Balanced Reporting. Trusted Insights.
Thursday, February 02, 2023
Companies planning thousands of miles of pipelines to transport liquid carbon dioxide throughout the Midwest are making slow but steady progress in obtaining voluntary easements, but the projects still face fierce opposition from many property owners, including farmers.
The key committee provisions in the $3.5 trillion reconciliation package show that Democrats in Congress are in line with President Joe Biden’s vision to put electric vehicles — not biofuels — at the forefront of the fight against climate change.
Cal/OSHA rule now effective * Water allocation is a trickle * Panel picks key House chairs * Senators: Carbon plan needs further look * On his way out, Roberts eyes ag’s future
Senate Environment and Public Works Committee Chair John Barrasso this week introduced legislation that would end the federal electric-vehicle tax credit and beef up the Highway Trust Fund by ensuring that drivers of alternative-fuel vehicles pay into it.
The National Biodiesel Board is once again pushing for an extension of the biodiesel tax credit and will testify before a House subcommittee today to make their case.
Electric vehicle (EV) advocates welcomed a Senate tax reform package that keeps the federal tax credit in place on purchases of renewable energy automobiles.
Energy-related credits, deductions and tax-advantaged bonding schemes have distorted the electricity market, according to research conducted by R Street Institute.
The U.S. wind industry and electric-powered cars look to be the big losers among energy provisions in the House tax reform bill that was marked up this week, while the oil and gas industry appears to once again be in for some very nice breaks.
