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All Documents in Global Warming Tagged clean energy

Let the VEETC Expire: Moving Beyond Corn Ethanol Means Less Waste, Less Pollution and More Jobs
Fact Sheet

Transitioning to low-carbon fuels is crucial to breaking America's dependence on oil and curbing global warming. But while some biofuels reduce pollution, others pollute more than the oil they replace. Unfortunately, the biggest government incentive program for biofuels -- the Volumetric Ethanol Excise Tax Credit (VEETC) -- fails to differentiate between biofuels, and has wasted $20 billion taxpayer dollars subsidizing a polluting corn ethanol industry. By subsidizing any type of ethanol, the VEETC comes at the expense of supporting clean energy technologies like wind, solar, and advanced biofuels -- made from sustainable crops like willow -- that create more green jobs and far less pollution. Congress is considering a 5-year extension of the VEETC that would cost taxpayers $31 billion. NRDC urges Congress to let the VEETC expire and replace it with a smarter, cheaper, and greener biofuels tax credit that rewards real environmental performance. Get document in pdf.

Let the VEETC Expire
Save Billions in Tax Dollars Better Spent on Non-Polluting Energy Technologies
FAQ

The Volumetric Ethanol Excise Tax Credit (VEETC) is little more than a government kickback for big oil to buy and blend corn ethanol that they are already required to purchase under the Renewable Fuel Standard. Over the last five years, we’ve paid oil companies more than $20 billion to obey this law. And now Congress is considering a five-year VEETC extension -- costing U.S. taxpayers another $31 billion. Instead of massive giveaways to big oil companies and old corn ethanol plants, Congress should support emerging and more competitive energy technologies in non-polluting wind, solar, geothermal and advanced biofuels that create many more times the green jobs we need and far less pollution. NRDC urges Congress to stop giving billions to two mature, mainstream, and polluting industries: big oil and old corn ethanol. Congress should allow the VEETC to expire at the end of the year.

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Developing the Technology of the Future
Federal Climate Legislation Can Maximize Low-Carbon Technology Innovation
Fact Sheet

America needs strong federal action to contain the threat of global warming. But a series of barriers stand in the way of the technology innovation needed to develop a clean energy economy at the lowest possible long-term cost to society. Strategically increasing research, development, and demonstration (known as RD&D) funding for low-carbon technologies can help to overcome these barriers and jumpstart innovation. Get document in pdf.

Job Opportunities in a Green Economy
States can gain from fighting global warming
Fact Sheet

Curbing global warming is the work of a generation; specifically, the work of millions of people, performing the jobs needed to build the green economy. Clean energy investments will create opportunities for welders, sheet metal workers, machinists, truck drivers, and others -- and the benefits of those new jobs would spread to a much wider swatch of the economy. The following fact sheets outline potential green job opportunities in a select number of states.

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Documents Tagged clean energy in All Sections

Our Forests Aren't Fuel
Overview

Forests are for wild animals, fresh air, clean water, and hiking with our kids. But now industry wants to burn our forests for biomass electricity, polluting the air we breathe and stealing from future generations.

State Renewable Portfolio Standards Create Jobs and Promote Clean Energy
Renewable Portfolio Standards attract new industries, create jobs, and keep state businesses competitive, while encouraging development of renewable power like wind, solar, and biomass.
Issue Paper

Renewable Portfolio Standards (RPS) move states toward clean, renewable energy by requiring that a percentage of a state’s electricity sold or generated must come from renewable sources within a certain time period. These statutes have enjoyed strong bipartisan support because of their proven ability to attract new industries, create jobs, and keep state businesses competitive, while encouraging development of renewable power like wind, solar, and biomass.

It's Time to Build an Economy that is Stronger, Cleaner, Healthier, and Made to Last
Legislative Analysis

Clean energy and energy efficiency have provided a robust source for economic growth and innovation during difficult times and we should not reverse course. The impending budget sequester and expiring tax incentives will significantly reduce investment In technologies like wind and solar power, electric vehicles and weatherization. This will harm efforts to create new jobs, invent new technologies, and reduce energy costs while incentivizing utilities to pursue dirtier energy at the expense of health and the environment. Congress should close tax loopholes that are no longer needed, not cut programs that are already revitalizing the economy. Get document in pdf.

A Greener Biofuels Tax Credit
The Path to Better Biofuels
Report

Next-generation biofuels have the potential to deliver better environmental performance -- reduced lifecycle greenhouse gas (GHG) emissions and farming practices that result in cleaner water and healthier soils -- with less impact on food and feed prices.

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