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Renewable energy industry eyes next coronavirus stimulus bill

Categories Clean Energy
President Barack Obama delivers a health care address to a joint session of Congress at the United States Capitol in Washington, D.C., Sept. 9, 2009. (Official White House Photo by Lawrence Jackson) This official White House photograph is being made available only for publication by news organizations and/or for personal use printing by the subject(s) of the photograph. The photograph may not be manipulated in any way and may not be used in commercial or political materials, advertisements, emails, products, promotions that in any way suggests approval or endorsement of the President, the First Family, or the White House.

by Ben Geman, Axios

Highlights

  • The renewable energy sector is advocating for aid during the next phase of COVID-19 stimulus relief as projects are canceled,  layoffs widen, supply chains are disrupted, and companies risk missing deadlines to use tax credits
  • The first bills were mainly emergency rescue and stabilization plans, but the next phase could focus more on stimulus and recovery
  • Though President Trump does not favor renewables, he has mentioned that he would like to address infrastructure needs in phase 4 of the relief bill
  • House Speaker Nancy Pelosi has stated she would like the energy grid and infrastructure addressed
  • The International Energy Agency (IEA) wants to help governments weave climate-friendly provisions into economic recovery packages 

By achieving 100% clean energy we can secure an equitable and climate-safe California. The Climate Center’s Climate-Safe California platform aims to secure a positive transition for workers and their families whose livelihoods depend on fossil fuel industries. Endorse the platform here. 

Read More: https://www.axios.com/renewable-energy-coronavirus-stimulus-bill-53a1eed5-c292-4889-a356-f261c730c0be.html

Nina Turner

Energy Programs and Communications Coordinator
Janina is a graduate of the Energy Management and Design program at Sonoma State University with experience in non-profits that specialize in sustainability and volunteerism.

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