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Comments on Guidance for Green Bank Implementation
The best way to achieve the goals of the GHGRF tranches is to use disbursements to construct a network of public and non-profit “green banks.” In particular, EPA should ensure that the vast majority of GHGRF disbursements benefit a national green bank, state green banks, and nonprofit green banks—each with linkages to one another and…
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Comments on Guidance for Direct Pay Under the Inflation Reduction Act
First, the program should be as expansive as possible: the more participants in the clean energy buildout, the better. Second, the program should create as much simplicity and predictability for public actors as possible in order to incentivize the highest level of participation that is feasible. By taking this approach, the federal government will be…
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Cooling oil consumption to ease price pressures
The Russian invasion of Ukraine has created a situation where it may be difficult in the near term for domestic supply of petroleum products to match domestic demand. This has led to record high gasoline prices. The use of strategic petroleum reserves has proved insufficient to bring supply up to the level of demand. But…