LPO Announces $2.26B Loan to Nevada Lithium Plant

LPO Announces $2.26B Loan to Nevada Lithium Plant

A lithium processing plant that could help put 800,000 electric vehicles on the road per year has received a conditional commitment for a $2.26 billion loan guarantee from the U.S. Department of Energy. The plant would be in Humboldt County, on the Nevada-Oregon border, at Thacker Pass, where Lithium Americas Corp. and its Lithium Nevada Corp. subsidiary are developing a mine containing the largest proven lithium reserves in North America.

Grid Enhancing Technology (GET) Addresses Transmission Logjam

Grid Enhancing Technology (GET) Addresses Transmission Logjam

Now, a new report from RMI shows how grid enhancing technologies — called ​“GETs” for short — could clear the way for gigawatts’ worth of clean energy projects to connect to the 84,000-mile interstate transmission network. That’s important for grid operators, utilities, regulators and policymakers trying to add new clean energy to U.S. power grids.

Niskanen: Transmission is key to lower costs
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Niskanen: Transmission is key to lower costs

Note: Niskanen Center just released a study showing HOW improved inter-regional transmission capacity (like that required by BIG WIRES) will lead to lower costs for utilities and their customers.

[Niskanen] just published a commentary showing how high-voltage transmission infrastructure enhances electric power market efficiency and thereby drives down customer costs. The piece delves into how the power grid operates, provides a brief …

Global Hot Streak Continues, February Breaking  Records

Global Hot Streak Continues, February Breaking Records

For the ninth straight month, Earth has obliterated global heat records — with February, the winter as a whole and the world’s oceans setting new high-temperature marks, according to the European Union climate agency Copernicus. Sea surface temperatures eclipsed any month on record. And February, as well the previous two winter months, soared well past the internationally set threshold for long-term warming,

Pasadena contracts for power from Clark Co. Solar Project

Pasadena contracts for power from Clark Co. Solar Project

The Pasadena City Council approved a $512 million, 20-year contract to purchase solar photovoltaic energy and battery storage from the Bonanza Solar project, a 300mw solar project proposed on BLM lands near Indian Springs. The BLM is processing the applications amid some objections from Basin and Range Watch and others.

Exxon CEO: ‘People generating emissions must  pay the price’

Exxon CEO: ‘People generating emissions must pay the price’

The U.S. government is trying to “get things moving” through those subsidies, he added. “But I would tell you building a business on government subsidy is not a long-term sustainable strategy—we don’t support that …. We’re advocating to move to market forces, either through regulation and prices on carbon.” 

Meeting climate goals through tax reform

Meeting climate goals through tax reform

The Brookings Institute hosted a “fireside chat” with Senator Sheldon Whitehouse, Chairman of the Budget Committee. The Senate is preparing for a “massive” tax overhaul bill in 2025, because many of the tax breaks from prior years expire soon.   Sen. Whitehouse is angling to have carbon pricing in the bill. Here he discusses how CBAM, the tax negotiations and the politics.