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Sparks

The New Climate Laws’ Tax Credits for Homeowners Are Crazy Powerful

A new study in Energy Policy does the math.

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The Inflation Reduction Act and the Infrastructure Investment and Jobs Act — better known as the Bipartisan Infrastructure Law — are together filled with dozens of financial incentives to help regular Americans switch to clean technologies. The IRA, in particular, is the largest investment in confronting climate change the country has ever made. That work is happening, in no small part, on the (literal) home front.

A new study published in the journal Energy Policy authored by researchers from Vanderbilt University, shows that while only about 12% of climate and energy funds in the IRA and 5.7% in the BIL target voluntary household actions, they could leverage 40% of the cumulative emissions reductions under those laws.

That’s a big return on investment, and a rare sign that regular citizens might, after all, have some level of agency in helping solve a problem that can often feel beyond our grasp. The authors note that getting to that level of emissions reduction is perhaps easier said than done — navigating the process of figuring out eligibility for tax credits, determining cost savings, and actually contracting with local professionals to install all that clean tech is a pretty significant undertaking, and all those roadblocks could get in the way of that best case scenario. The authors’ estimate also accounts for all households in the country, whereas it’s much easier (and more appealing) for an owner of a single-family home to make those kinds of changes to their building than, say, a landlord who won’t see any direct benefits from improving a building they’ve rented out.

A lot of pain points, then. But still, in the face of a huge and abstract problem, knowing that individual actions do make a difference is no small thing.

Want to take advantage of some of these incentives? We’ve got you covered on at least a few of those fronts: my colleague Emily has written a guide to decarbonising your home with the IRA, and Robinson has a car buyer’s guide to the 2024 EV tax credit. That 40% emissions reduction goal will take a lot of individual investment; those guides (and more to come!) are good places to start.

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Sparks

Gargantuan Solar Project in Nevada Appears to Be Moving Forward

The Esmeralda 7 project is another sign that Trump’s solar freeze is over.

Solar panels.
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The Esmeralda 7 solar project, a collection of proposed solar farms and batteries that would encompass tens of thousands of acres of federal public lands in western Nevada, appears to be moving towards the end of its federal permitting process.

The farms developed by NextEra, Invenergy, Arevia, ConnectGen, and others together would add up to 6,200 megawatts of solar generation capacity, making it the largest solar project in already solar-rich Nevada.

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Sparks

Trump Tries to Kill New York’s Empire Wind Project

For the first time, his administration targets an offshore wind project already under construction.

Wind turbines.
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The Trump administration will try to stop work on Empire Wind, an offshore wind project by Equinor south of Long Island that was going through active construction, Interior Secretary Doug Burgum posted to X on Wednesday.

Burgum announced that he directed the Bureau of Ocean Energy Management to “halt all construction activities on the Empire Wind Project until further review of information that suggests the Biden administration rushed through its approval without sufficient analysis.”

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Sparks

Republicans Asked For an Offshore Wind Exposé. They Got a Letdown Instead.

“NOAA Fisheries does not anticipate any death or serious injury to whales from offshore wind related actions.”

Offshore wind.
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A group of Republican lawmakers were hoping a new report released Monday would give them fresh ammunition in their fight against offshore wind development. Instead, they got … pretty much nothing. But they’re milking it anyway.

The report in question originated with a spate of whale deaths in early 2023. Though the deaths had no known connection to the nascent industry, they fueled a GOP campaign to shut down the renewable energy revolution that was taking place up and down the East Coast. New Jersey Congressman Chris Smith joined with three of his colleagues to solicit the Government Accountability Office to launch an investigation into the impacts of offshore wind on the environment, maritime safety, military operations, commercial fishing, and other concerns.

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