Renewable energy industry eyes next coronavirus stimulus bill

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
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