Biden Fully Embraces A Green New Deal With A Clean Energy Timeline

Investing in a Clean Energy Furture

While Democrats battle each other over details of how to spend $3.5 trillion, Biden's Department of Energy released a Clean Energy Future guideline.

Key Proposals

  • Carbon pollution-free power sector by 2035.
  • Large-scale decarbonization of the electricity sector.
  • Solar goes from 3 percent of generation today to over 40 percent by 2035.
  • Billions in investment including in low-income and community solar. 
  • Strong labor standards, project labor agreements, prevailing wages, and a free and fair choice to join a union and bargain collectively can diversify pathways to high quality solar jobs.
  • Solar deployment would need to accelerate to three to four times faster than its current rate by 2030.
  • Clean Energy Tax Credits. 
  • Federal programs that invest directly in transmission lines to connect and deliver clean electricity and support better regional planning.
  • Direct pay tax incentives for transmission and storage.
  • Given concerns about forced labor in the solar energy supply chain in China, the need for domestic capacity to meet goals has expanded.
  • Low-Income and Community Solar – Increasing solar deployment nationally must include households and communities that have historically lacked access to affordable solar technology. 
  • 2030 goal to cut the cost of solar PV to $0.02 per kilowatt-hour without subsidies for utility and residential scales.
  • Cost target of $0.05/kWh for next-generation CSP plants.
  • To address one of the main soft costs drivers, permitting, DOE, in partnership with NREL, industry, and local governments, developed a new, free, web-based tool – the Solar Automated Permit Processing (SolarAPP+).
  • DOE will support training opportunities for the workforce, which could include apprenticeship-based career pathways. 

Cost Estimate

None

But the plan mandates prevailing wages, government apprenticeships, direct pay incentives, federal sponsored transmission lines, mandated collective bargaining, tax credits, a free and fair chance to join a union, and low income subsidies, and massive tax credits.

1 2 3
View single page >> |

Like these reports? I hope so, and if you do, please  more

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.