Demand-side support can complement supply-side investments in clean energy industries, such as the Regional Clean Hydrogen Hubs program.
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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…
Energy
The Energy Team provides science and policy expertise on energy and net-zero emissions technologies, and leads coordination on net-zero emissions innovation for the Biden-Harris Administration. OSTP Energy has deep technical and policy expertise, and helps develop innovation priorities for mid-to-long term technologies to ensure the success and rapid adoption needed for a clean, secure, and…
Treasury Releases New Guidance to Drive Clean Energy Investment to America’s Energy Communities
Today, the Department of Treasury and the IRS released guidance that provides detailed information about how clean energy projects located in energy communities can claim additional bonus credits on top of the base Investment and Production Tax Credits in the Inflation Reduction Act. Since day one, the Biden-Harris Administration has been committed to building a…
Clean Energy Updates
A Proclamation on National Clean Energy Action Month, 2023
America is once again leading the world in the fight against climate change, and our Nation is in the midst of a clean energy revolution — reducing pollution, lowering energy costs, creating good-paying jobs, and making sure clean energy technologies are made in America. During National Clean Energy Action Month, we celebrate that historic progress…
G7 Clean Energy Economy Action Plan
We, the leaders of the G7, are acting and enhancing cooperation to address the climate crisis and accelerate the global clean energy transition to reach net zero emissions by 2050 at the latest. We reaffirm our unwavering commitment to the Paris Agreement. We recognize that public and private investment in the industries of…
US-UK Energy Security and Affordability Partnership
During this global energy crisis, brought on by Russia’s illegal invasion of Ukraine, it is more important than ever for allied countries to deepen their cooperation to ensure resilient international systems which reflect our shared values. Working with our allies, the United States and United Kingdom commit to intensify our collaboration to support international energy…
Investing in America – CleanEnergy.gov
The Inflation Reduction Act lowers energy costs for consumers and small businesses while creating good-paying jobs as America’s clean energy economy and manufacturing sectors grow. Learn more below on how you or your family can save on utility bills, get support to purchase electric vehicles and energy-saving appliances, and access the economic opportunities of the…
Clean Energy Tax Provisions in the Inflation Reduction Act
The Inflation Reduction Act includes some two dozen tax provisions that will save families money on their energy bills and accelerate the deployment of clean energy, clean vehicles, clean buildings, and clean manufacturing. These tax provisions reflect the President’s strong belief in building the economy from the bottom up and middle out. Many of the…
