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Investment tax credits are designed to reduce the cost of technologies and practices and incentivize private investment, resulting in adoption. Section 48 of the tax code provides an investment tax credit specifically for property in the energy sector including qualified small wind, waste energy recovery, qualified biogas and microgrid controllers. Section 48 had previously allowed […]
The United States’ energy security has changed dramatically since U.S. imports peaked in 2007. As the U.S. continues to decarbonize and work towards net zero, many questions must be answered: At what pace and scale will the U.S. need to deploy clean energy technologies to achieve net zero emissions?
How can the United States leverage its trade policy to strengthen the competitive advantage of U.S. industries while reducing global greenhouse gas emissions? This was the question posed at a recent panel held during the National Clean Energy Week Policymakers Symposium. Xan Fishman of the Bipartisan Policy Center moderated a discussion between industry and policy […]
We’re excited to launch a new blog here at CRES Forum, Right on Energy. We’ll regularly feature responsible policy solutions to timely energy and climate issues that are top of mind for us. Whether it’s novel policy proposals, recently enacted legislation, or the United States’ role in international policymaking, CRES Forum will highlight conservative policy […]
CRES Forum hosted another session of CRES Academy on July 21 focused on federal innovation funding and oversight. The educational event included a fireside chat as well as a panel discussion—providing congressional staff with insight into ongoing federal support available to the private sector, existing oversight efforts, as well as potential for additional oversight. The […]
CRES Forum Vice President of Policy and Research Richard Campbell penned the following piece for the The Hill. The United States’ railroad system can well be credited with helping to build a modern America and accelerating the industrialization of our country. It is their entrepreneurship that resulted in a system to transports raw materials and […]
In July, CRES Forum held an expert panel discussion with remarks by U.S. Senator Kevin Cramer (R-N.D.) about combating the Chinese Communist Party’s (CCP) looming economic aggression by leveraging American manufacturing and trade policy. “China is a pacing threat, but it’s not all about hypersonic missiles, fighter jets, or submarines,” said Senator Cramer. “It’s about our economy and […]
Expanding and Modernizing Transmission Infrastructure to Facilitate Reliability, Resilience, Lower Costs, and Drive Growth Reliability, Resilience and Clean Energy Transmission infrastructure allows electricity generated in one location to be transported, sometimes over long distances, to distribution lines and ultimately, to the consumer. Long-distance transmission is often necessary for utility-scale wind and solar generation to reach […]
Summary The Chinese Communist Party (CCP) leverages its industrial capacity to crush foreign competition in trade, as well as predatory investment and loans, to control global supply chains and create overseas markets that serve its goal of commercial dominance. Much of the world, including America and its allies, buys the CCP’s products and services, as […]
ExxonMobil and Nucor recently announced a new partnership to capture, transport, and store 800,000 metric tons of CO2 per year from Nucor’s steel manufacturing plant in Louisiana. Nucor’s plant produces direct reduced iron, a raw material used to make high-quality steel products like cars and appliances. This agreement will not only support Louisiana’s objective of […]