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The New York State Energy Research and Development Authority’s (NYSERDA) efforts to invest in domestic supply chain capacity for offshore wind are critical. We offer comments with respect to the significance of these public expenditures to advance private economic activity, as well as the need to contain costs and maximize return on investment. The long-term benefit of developing this industry in a way that creates high-road, family-supporting jobs in New York, and that creates real pathways into these jobs for historically disadvantaged communities, cannot be overestimated.
Ørsted, a Denmark-based leader in the offshore wind industry, announced Tuesday that it has backed out of two projects planned off the coast of New Jersey. The projects, Ocean Wind 1 and 2, would have been the first such projects in New Jersey.
The Inflation Reduction Act expanded the availability of clean energy tax credits so that tax-exempt entities like public and non-profit hospitals can receive “direct pay” (also known as “elective pay”). In simple terms, direct pay allows such entities to recoup a significant portion of a clean energy project’s cost as a tax-free cash payment from the U.S. Internal Revenue Service (IRS).
Building healthier schools is within reach. Up to half the cost of a clean energy project at your school could be refunded to the district under the federal Inflation Reduction Act. Tax-exempt entities such as public schools can receive “direct pay” (also known as “elective pay”). In simple terms, direct pay lets school districts recoup a significant portion of a clean energy project’s cost as a cash payment from the U.S. Internal Revenue Service (IRS).
The BlueGreen Alliance recently submitted comments to the U.S. Department of the Treasury in response to a proposed rule related to prevailing wage and registered apprenticeship standards associated with the clean energy tax credits passed in the historic Inflation Reduction Act.
The environmental and labor partners of the BlueGreen Alliance understand that we don’t have to choose between good jobs and a clean environment. We can and must have both. It’s a false choice when companies claim they can’t pay workers family-supporting wages and at the same time manufacture EVs at a scale and pace to mee the climate moment. Yes they can.
Today the BlueGreen Alliance hosted a webinar called “Game Changer: The Inflation Reduction Act and Clean Manufacturing.” Government officials, union representatives, environmental experts, industry representatives, and others across the U.S. heard leading climate and labor experts discuss the Inflation Reduction Act and its promise to revitalize industrial manufacturing.
Our Appalachian Regional Organizer, Dan Taylor, and our Senior Policy Advisor, Brennen Cain, penned a blog for Reimagine Appalachia on how the clean energy tax credits included in the Inflation Reduction Act are setting the stage for a unionized clean economy.
New analysis by the Political Economy Research Institute at the University of Massachusetts-Amherst commissioned by the BlueGreen Alliance and National Skills Coalition estimates that the combined investments in the Bipartisan Infrastructure Law (BIL), Inflation Reduction Act, and CHIPS and Science Act (CHIPS) will support nearly 3 million jobs per year over the life span of the laws.
The new report from the Political Economy Research Institute at the University of Massachusetts-Amherst estimates that the combined investments in the Bipartisan Infrastructure Law (BIL), Inflation Reduction Act, and CHIPS and Science Act (CHIPS) will support nearly 3 million jobs per year and 19 million job-years over their lifetime.
The Biden administration today announced new and updated funding opportunities aimed at supporting a domestic supply chain for the clean vehicles of the future and ensuring that the jobs building these vehicles provide community-sustaining wages and benefits in workplaces where workers have the free and fair choice to join a union. The package of announcements focuses on three U.S. Department of Energy (DOE) programs that provide grants and loans to automakers building clean vehicles and their components here in the United States, the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program, the Battery Material Processing and Battery Manufacturing and Recycling Grants Programs, and the new Domestic Manufacturing Conversion Grant Program.
This Labor Day, we sit at a pivotal moment for our nation. As urgency grows to reduce emissions and clean up our air and water, we need to consider the lack of foresight that brought us to this point and move forward in a smarter way.
