Establishing a Climate-Forward Clean Energy Industrial Partnership Brazil and the United States share the goal of creating more competitive, clean, fair, and resilient economies by promoting the clean energy transition in a way that fosters economic growth and the generation of high-quality jobs, while reducing emissions and keeping our 1.5°C goals within reach, consistent with…
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A Proclamation on National Clean Energy Action Month, 2024
When I think of clean energy, I think of good-paying jobs for American workers. Our Nation is leading the fight against the existential threat of climate change all while growing our economy and transitioning this country to a clean, reliable, and affordable energy future. During National Clean Energy Action Month, we recommit to investing in…
The Economics of Demand-Side Support for the Department of Energy’s Clean Hydrogen Hubs
Demand-side support can complement supply-side investments in clean energy industries, such as the Regional Clean Hydrogen Hubs program.
The Global Clean Energy Manufacturing Gap
To reach global net zero carbon emissions targets by 2050, the International Energy Agency (IEA) projects that by 2030, the renewable share of power generation must increase from 30 to 60 percent and the share of electric vehicles among global car sales must increase from 6 to 60 percent. To meet these targets, global clean…
Treasury Issues Proposed Guidance to Drive Advanced Clean Energy Manufacturing and Secure, Resilient Energy Supply Chains
Today, the Department of the Treasury issued a Notice of Proposed Rulemaking (NPRM) proposing rules for claiming the § 45X Advanced Manufacturing Production Tax Credit (PTC)—an incentive created by the Inflation Reduction Act (IRA). The Advanced Manufacturing PTC strengthens clean energy manufacturing by providing tax credits for manufacturers of clean energy components produced in the…
Accelerating Clean Energy Technologies Under the Biden-Harris Administration
Today, the White House Office of Science and Technology Policy (OSTP), U.S. Department of Energy (DOE), and the U.S. Department of State jointly released the second Mission Innovation National Innovation Pathway 2024 report, highlighting the Biden-Harris Administration’s actions to accelerate clean energy technology innovations. This report encourages continued international collaboration to build a pipeline of critical…
A Progress Report on Climate-Energy-Macro Modeling
Climate change presents intensifying physical risks across the Nation. In addition, the global shift away from carbon-intensive energy sources and industrial processes presents transition risks to workers, firms, and communities. Both physical and transition risks will have consequences for the economy, society, and overall well-being. The Biden-Harris Administration is committed to sound financial and fiscal…
Remarks as Prepared for John Podesta Columbia Global Energy Summit
New York, New York Thanks so much, Jason. It’s great to be with all of you today. I want to commend the Columbia Center on Global Energy Policy for everything you do to advance the policy conversation on the most pressing global climate and clean energy issues. We’re coming together at a moment when the…
Statement from President Joe Biden on New Clean Energy Jobs
When I think of combatting the climate crisis, I think of good-paying jobs for American workers. According to a new report released this week, in the two years since I signed the Inflation Reduction Act into law, companies have announced more than 330,000 new clean energy jobs. Many of these jobs are good-paying, union jobs…
Building a Thriving Clean Energy Economy in 2023 and Beyond
Heather Boushey, Chief Economist, Investing in America Cabinet Justina Gallegos, Deputy Director for Industrial Innovation, Office of Science and Technology Policy In 2021 and 2022, President Biden signed into law his Investing in America agenda, a series of strategic public investments in industries critical for the long-run economic growth of the United States. This included…
