Displaying items by tag: stephen smith
SACE sees many silver linings in Senate climate bill; House passage expected
A rainbow pierces gray skies during the 2021 United Nations Climate Change Conference in Glasgow. United Nations
Climate activists stress positives of Senate climate bill despite its shortcomings
Amy Rawe is communications director for Knoxville-based Southern Alliance for Clean Energy.
KNOXVILLE — The U.S. Senate passed the Inflation Reduction Act (IRA), an estimated $430 billion bill, of which approximately $370 billion will be allocated to investments in clean energy and to address climate change.
It’s the single largest climate investment in U.S. history, and if it passes the House, will put the country on a path to be able to achieve roughly 40 percent emissions reduction from 2005 levels by 2030, reestablishing our influence in meeting the Paris Agreement goal of limiting global warming to 1.5 degrees Celsius.
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In historic move, Tennessee Valley Authority finally swears off coal; are power replacements up in the air?
“Our intelligence and flexibility as a society will be tested as the financial and industrial giants all figure out what they’re going to do.”
The Tennessee Valley Authority intends to phase out its aging fleet of coal plants by 2035, potentially replacing the age-old carbon-rich power source with increased use of natural gas and refreshed, concentrated supplies of nuclear energy as the vast utility moves to drastically reduce its greenhouse gas emissions.
The plan emerged Wednesday, about a month after the Biden administration called on the U.S. power sector to eliminate pollutants linked to climate change by 2035.
The Tennessee Valley Authority is the largest public provider of electricity in the United States. It provides wholesale power to every major municipal provider in Tennessee, as well as other metropolitan areas and smaller utility districts and cooperatives within its seven-state service area.