Solar Energy Manufacturing for America Act (SEMA)
The United States has an opportunity to catalyze a global economic and environmental shift with significant investments in clean energy that will create jobs, improve our infrastructure, and tackle the climate crisis. Solar energy is the fastest growing and least expensive renewable energy sector, making it a crucial component of a clean energy economy.
Demand for solar energy is skyrocketing as the world transitions away from fossil fuels, but China dominates the solar supply chain. This legislation will boost American solar to create American clean energy jobs, better compete with Chinese manufacturers, and support American energy independence.
Tax Incentives for the Solar Industry:
• This bill would provide tax credits to the solar manufacturing industry at every stage of the supply chain, incentivizing domestic production necessary for producing solar energy technologies and creating tens of thousands of American jobs.
• Currently, entire stages of the supply chain are not produced in the U.S., forcing companies to import from China and other countries.
• This legislation would create tens of thousands of American jobs, help the U.S. become a leader in manufacturing solar technologies, build a resilient, domestic renewable energy resource, and increase American competitiveness in global markets.
• This bill will spur the U.S. solar industry to expand manufacturing capacity, create clean jobs nationally, drive down solar deployment costs, and meet renewable energy objectives to fight climate change.
Benefits to Solar Industry and U.S.:
• Drives down prohibitive costs for solar manufacturing companies
• Brings manufacturing jobs back to the U.S. and creates tens of thousands of American clean energy jobs
• Helps the U.S. become competitive in a solar global market
• Helps to reduce reliance on China to meet clean energy and national security goals
• Helps accelerate a clean energy economy and combat climate change
The legislation is supported by: Q-CELLS America, Hemlock Semiconductors, LG Electronics
USA, REC Silicon ASA, Wacker Polysilicon North America, Sunnova Energy International Inc.,
First Solar, Mission Solar, Leading Edge Equipment Technologies, Auxin Solar, Swift Solar,
1366 Technologies, Silfab Solar, Heliene, and the Ultra Low Carbon Solar Alliance.
https://www.ossoff.senate.gov/wp-content/uploads/2021/06/21.06.21_Solar-bill-one-pager-3.pdf
Smid endelig links vedr. dette ind!!
Demand for solar energy is skyrocketing as the world transitions away from fossil fuels, but China dominates the solar supply chain. This legislation will boost American solar to create American clean energy jobs, better compete with Chinese manufacturers, and support American energy independence.
Tax Incentives for the Solar Industry:
• This bill would provide tax credits to the solar manufacturing industry at every stage of the supply chain, incentivizing domestic production necessary for producing solar energy technologies and creating tens of thousands of American jobs.
• Currently, entire stages of the supply chain are not produced in the U.S., forcing companies to import from China and other countries.
• This legislation would create tens of thousands of American jobs, help the U.S. become a leader in manufacturing solar technologies, build a resilient, domestic renewable energy resource, and increase American competitiveness in global markets.
• This bill will spur the U.S. solar industry to expand manufacturing capacity, create clean jobs nationally, drive down solar deployment costs, and meet renewable energy objectives to fight climate change.
Benefits to Solar Industry and U.S.:
• Drives down prohibitive costs for solar manufacturing companies
• Brings manufacturing jobs back to the U.S. and creates tens of thousands of American clean energy jobs
• Helps the U.S. become competitive in a solar global market
• Helps to reduce reliance on China to meet clean energy and national security goals
• Helps accelerate a clean energy economy and combat climate change
The legislation is supported by: Q-CELLS America, Hemlock Semiconductors, LG Electronics
USA, REC Silicon ASA, Wacker Polysilicon North America, Sunnova Energy International Inc.,
First Solar, Mission Solar, Leading Edge Equipment Technologies, Auxin Solar, Swift Solar,
1366 Technologies, Silfab Solar, Heliene, and the Ultra Low Carbon Solar Alliance.
https://www.ossoff.senate.gov/wp-content/uploads/2021/06/21.06.21_Solar-bill-one-pager-3.pdf
Smid endelig links vedr. dette ind!!
Redigert 22.06.2021 kl 19:23
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Stabukk
26.03.2022 kl 09:43
8316
Fullstendig enig, Svenn_13. Skulle ønska at fleire daytraderar i Rec kunne lesa slike nyhetar og forstå at det vil svara seg å bli sittande i denne aksjen.
"We plan to make investments to secure capabilities across the entire solar supply chain, with the goal of supplying our partners with 'Made in America' products that will help the U.S. regain its leadership in clean energy solutions," Q CELLS CEO Justin Lee said in a statement.
"We plan to make investments to secure capabilities across the entire solar supply chain, with the goal of supplying our partners with 'Made in America' products that will help the U.S. regain its leadership in clean energy solutions," Q CELLS CEO Justin Lee said in a statement.
Liten tvil hvor dette bærer hen. Men så lenge melding om ML lar seg vente vil kursen trades opp og ned, og det skjønner jeg. Sitter mange dyktige tradere der ute og tjener penger på rec. Trenger bare å få snudd momentumet så går denne 1 vei og det er opp! Å gi opp rec nå gir ingen mening for meg hvertfall
Har sittet i mange aksjer der jeg har klødd meg i hodet på unaturlige bevegelser som vi seg her på nedgangen. Men uten unntak har det snudd når potensiale er bra i en aksje . Å potensiale vet vi jo det er tilstede til de grader i Rec.
Tesla gikk sideveis i 5 år før den eksploderte og verden begynte å skjønne hva de drev med. Så det er absolutt tilfeller i markedet hvor det skjer.
Viktig med overbevisning og tålmodighet, selv om det er frustrerende til tider.
Viktig med overbevisning og tålmodighet, selv om det er frustrerende til tider.
Stabukk
27.03.2022 kl 10:31
8120
Potesialet i REC blir meir og meir tydelig. Selskapet ber om meir areal og opplyser til kommunen om «new investors and partners» som er ute etter «co-located manufacturing sites» ved anlegget i ML. Hanwha «tar kommandoen» ved å kjøpa Aker sin aksjepost. Er sjølv litt i minus, men har IKKJE tenkt å selja!
manman01
17.05.2022 kl 07:36
7539
BULLLLLLL
Korean solar power majors ready new investments in U.S., Korea
https://m.mk.co.kr/news/english/view-amp/2022/05/433825/
MAY 17, 2022
“..
According to sources in the local photovoltaic industry on Monday, the country’s solar energy majors, Hanwha Solutions and OCI, will likely attend a business roundtable meeting held on May 21 on the sidelines of summit talks between Korean President Yoon Suk-yeol and U.S. President Joe Biden. At the meeting, Hanwha Solutions and OCI are expected to propose new investments in the U.S. and Korea, sources added. President Biden is due in Seoul on Friday for weekend stay.
The Biden administration has been going all-out to ramp up green energy production and enhance business with Korean private companies for energy security since Russia’s war against Ukraine on top of trade row between the U.S. and China.
..”
Korean solar power majors ready new investments in U.S., Korea
https://m.mk.co.kr/news/english/view-amp/2022/05/433825/
MAY 17, 2022
“..
According to sources in the local photovoltaic industry on Monday, the country’s solar energy majors, Hanwha Solutions and OCI, will likely attend a business roundtable meeting held on May 21 on the sidelines of summit talks between Korean President Yoon Suk-yeol and U.S. President Joe Biden. At the meeting, Hanwha Solutions and OCI are expected to propose new investments in the U.S. and Korea, sources added. President Biden is due in Seoul on Friday for weekend stay.
The Biden administration has been going all-out to ramp up green energy production and enhance business with Korean private companies for energy security since Russia’s war against Ukraine on top of trade row between the U.S. and China.
..”
manman01
17.05.2022 kl 07:37
7553
Hanwha, OCI til roundtable med Onkel Joe og Yoon Suk-Yeol….
Kæmpe fucking stort
Kæmpe fucking stort
Tusen takk for deling.
Er vel ikke så ofte et selskap får ha møte med to lands presidenter.
Her skal de ikke diskutere løse ting, men få på plass støtte til massive investeringer i begge land.
Hold på aksjene, folkens!!!
Er vel ikke så ofte et selskap får ha møte med to lands presidenter.
Her skal de ikke diskutere løse ting, men få på plass støtte til massive investeringer i begge land.
Hold på aksjene, folkens!!!
manman01
17.05.2022 kl 07:59
7763
Bare hygge
Husk sidste gang Hr Ossoff besøgte syd Korea.. der gik blot en uges tid mellem det og Hanwhas første køb af RECSI aktier… så jeg tør næsten ikke tænke hvad der vil komme ud af onkel Joes besøg (:
Husk sidste gang Hr Ossoff besøgte syd Korea.. der gik blot en uges tid mellem det og Hanwhas første køb af RECSI aktier… så jeg tør næsten ikke tænke hvad der vil komme ud af onkel Joes besøg (:
Redigert 17.05.2022 kl 08:00
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Svenn_13
17.05.2022 kl 09:10
7685
For en spennende nyhet Manman01! Blir å følge med på Koreanske nyheter denne helga og håpe at det kommer noe nytt fra møtet før Q1 😉
Oooh🧐
Blir det klondike i Moses Lake Manman??
Blir det klondike i Moses Lake Manman??
Stabukk
17.05.2022 kl 09:30
8674
«New investments in U.S» kan vel bety wafer/ingot, som er «The missing link» i USA sin solar-kjede?
Her blir det spekulasjonar, men mest sannsynlig får vi vita meir under president-møtet kommande helg. Rett før Q1 i Rec 27. mai!
Hanwha har jo også varsla utviding av sin panel-produksjon i USA, utan å stadfesta dette så langt.
Kan det bli både wafer og panel-produksjon i Moses Lake? Vi veit jo at Rec er «på hogget» for å skaffa seg meir areal.
I så fall blir det ikkje lenge til Rec må tenka på å utvida? Ja, hold på aksjane!
Her blir det spekulasjonar, men mest sannsynlig får vi vita meir under president-møtet kommande helg. Rett før Q1 i Rec 27. mai!
Hanwha har jo også varsla utviding av sin panel-produksjon i USA, utan å stadfesta dette så langt.
Kan det bli både wafer og panel-produksjon i Moses Lake? Vi veit jo at Rec er «på hogget» for å skaffa seg meir areal.
I så fall blir det ikkje lenge til Rec må tenka på å utvida? Ja, hold på aksjane!
Takk for graving....
Normalt har man noe viktig å komme med på slike møter, ellers deltar man ikke, ei heller invitert. Timingen er god med tanke på en børsmelding om kontrakter/åpning av ML før Q1, samt at Hanwha "røper" planer om nye investeringer i USA - kanskje wafer - men de sier kanskje at det er forutsatt at politikkincentiver kommer på plass? De deltar iallefall ikke på slike møter uten at de har noe å dra opp av veska - tror jeg da.
Normalt har man noe viktig å komme med på slike møter, ellers deltar man ikke, ei heller invitert. Timingen er god med tanke på en børsmelding om kontrakter/åpning av ML før Q1, samt at Hanwha "røper" planer om nye investeringer i USA - kanskje wafer - men de sier kanskje at det er forutsatt at politikkincentiver kommer på plass? De deltar iallefall ikke på slike møter uten at de har noe å dra opp av veska - tror jeg da.
manman01
17.05.2022 kl 11:59
8324
Slettet brukerskrev Oooh🧐 Blir det klondike i Moses Lake Manman??
Det ser mere og mere sandsynligt ud… at man tør stå udenfor er mig fortsat en gåde (: 🍨🇳🇴
manman01
17.05.2022 kl 12:04
8301
Hanwha deltager uden tvivl fordi de bliver en stor spiller indenfor Amerikas reduktion af kinesisk og russisk afhængighed.
Overvej hvor stor en indflydelse man skal have, for at lande et roundtable møde med to præsidenter. Det er noget vores største medejer åbenbart kan. Kunne Røkke have gjort det samme? Vi er i langt bedre hænder nu.
“..
[Source: Hanwha Solutions] South Korea’s leading photovoltaic companies are expected to reveal new investment plans both at home and in the United States during U.S. president’s visit to Seoul when the two governments will highlight energy alliance and reduce reliance on Russia and China through renewable exploration and production.
..
“
Overvej hvor stor en indflydelse man skal have, for at lande et roundtable møde med to præsidenter. Det er noget vores største medejer åbenbart kan. Kunne Røkke have gjort det samme? Vi er i langt bedre hænder nu.
“..
[Source: Hanwha Solutions] South Korea’s leading photovoltaic companies are expected to reveal new investment plans both at home and in the United States during U.S. president’s visit to Seoul when the two governments will highlight energy alliance and reduce reliance on Russia and China through renewable exploration and production.
..
“
Stabukk
17.05.2022 kl 12:17
8232
Røkke la grunnlaget og gjorde en god «butikk» for Aker. Og stadig mer tyder på at Hanwha vil gjøre Rec til god «butikk» for seg og oss mindre aksjonærer!
Nei, jeg tør ikke stå utenfor de nærmeste måneder. Kanskje ei heller i 2023.
Nei, jeg tør ikke stå utenfor de nærmeste måneder. Kanskje ei heller i 2023.
Flott gravearbeid, som alltid Manman. Dette er store nyheter og er verdig en god diskusjon. Det at Hanwha vil sitte i sidelinjene i et møte holdt av lederne av USA og Sør Korea sier egentlig litt om Hanwha. Dette er et av verdens største innenfor segmentet og de satser hardt på egen fornybar verdikjede. Hanwha har reell makt og innflytelse, samt ressursene til å følge opp.
Norge får fortsette å undervurdere fremtiden. Bare fint for de som vil akkumulere mer. Når meldingene først kommer, så blir det ikke at ML gjenåpnes og det er intensjonsavtale med X aktør.
Det vil komme flere kontrakter samtidig over flere år, med spesifikasjon om avtalepris. Det vil komme kontrakter med flere aktører samtidig som forsvarer gradvis gjenåpning av ML. Tror det vil legge litt i perspektiv på hvor mange milliarder REC egentlig kommer til å tjene og først da begynner reisen vår.
Ser frem til å nyte dette eventyret med dere. Bortsett fra aksjekurs, er det vanskelig å legge frem negative aspekter rundt fremtiden til REC. Ikke fordi vi ignorerer alt negativt, men ettersom risiko elementet markedet fremdeles priser inn er ikke eksisterende for meg.
God 17 mai feiring, godgjengen :)
Norge får fortsette å undervurdere fremtiden. Bare fint for de som vil akkumulere mer. Når meldingene først kommer, så blir det ikke at ML gjenåpnes og det er intensjonsavtale med X aktør.
Det vil komme flere kontrakter samtidig over flere år, med spesifikasjon om avtalepris. Det vil komme kontrakter med flere aktører samtidig som forsvarer gradvis gjenåpning av ML. Tror det vil legge litt i perspektiv på hvor mange milliarder REC egentlig kommer til å tjene og først da begynner reisen vår.
Ser frem til å nyte dette eventyret med dere. Bortsett fra aksjekurs, er det vanskelig å legge frem negative aspekter rundt fremtiden til REC. Ikke fordi vi ignorerer alt negativt, men ettersom risiko elementet markedet fremdeles priser inn er ikke eksisterende for meg.
God 17 mai feiring, godgjengen :)
Stabukk
17.05.2022 kl 13:05
8061
Kontraktane vil nok inneholda "spesifikasjon om avtalepris", men vil det også komma fram i Rec sine börsmeldingar?
God 17. Mai Uchi og alle dere andre!
At Hanwha skal i møte med høvdingene i både USA og Sør-Korea er ganske stort. Lukter strategisk samarbeid mellom nasjoner. Både USA og Sør-Korea kan storindustri.
Dette lover godt. At Rec nå kan lykkes hadde vært et stort lyspunkt i hverdagen. Da jeg ellers står i en del tragiske ting nå, personlig sett.
God 17. Mai til alle!
At Hanwha skal i møte med høvdingene i både USA og Sør-Korea er ganske stort. Lukter strategisk samarbeid mellom nasjoner. Både USA og Sør-Korea kan storindustri.
Dette lover godt. At Rec nå kan lykkes hadde vært et stort lyspunkt i hverdagen. Da jeg ellers står i en del tragiske ting nå, personlig sett.
God 17. Mai til alle!
https://www.norsun.no/artikler/soltech-choses-qcells-and-norsun-for-6-1-mw-rooftop-solar-system.Mener samarbeidet mellom Q-Cells og Norsun er opprettet nå nylig
.
.
Redigert 17.05.2022 kl 14:14
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Stabukk
17.05.2022 kl 14:14
7796
manman01 skrev Gad vide om dette var noget for Finansavisens redaktion?🤔
Hvis Rec bir omtalt,i koreanske og evt. amerikanske media i forbindelse med Hanwha sine planar i USA, bör i alle fall norske media tipses.
Dette er sannsynligvis"Kæmpe fucking stort" for Rec, som manman01 konkluderer:
Uansett omtale av Rec sin störste aksjonær ved möte mellom USA og Sör-Korea sine statsledere! Det er god PR! rett för Q1!
Dette er sannsynligvis"Kæmpe fucking stort" for Rec, som manman01 konkluderer:
Uansett omtale av Rec sin störste aksjonær ved möte mellom USA og Sör-Korea sine statsledere! Det er god PR! rett för Q1!
manman01
19.05.2022 kl 20:04
6940
Læs læs læs læs læs
Solar’s next steps: Qcells CEO Justin Lee talks TOPCon as a ‘stepping stone’, targeted capacity expansions and R&D leadership
https://www.pv-tech.org/solars-next-steps-qcells-ceo-justin-lee-talks-topcon-as-a-stepping-stone-targeted-capacity-expansions-and-rd-leadership/
MAY 19, 2022
(Alternativt: https://pastebin.com/bn0cf9Zv)
“..
But direct subsidies or incentives were absent from the European Commission’s plan, and Qcells’ Lee is forthright in his opinion that they are necessary to narrow the gap in terms of cost with manufacturers in China.
“This industry clearly needs some kind of incentive or subsidy,” Lee says, adding that other policy levers lawmakers have mentioned, such as carbon footprint requirements on imports, while helpful, are “not good enough”.
In the absence of any specific policy, Lee says that critical to Europe’s hopes of competing with Chinese solar manufacturers is the establishment of a fully integrated supply chain, where module makers can source all they need domestically, rather than remaining reliant on imports further up the value chain.
It is easy now to draw a parallel between Europe and the US, the latter’s president Joe Biden having included the Solar Energy Manufacturing for America (SEMA) act in his Build Back Better policy agenda. That bill has proposed a series of tax incentives, rewarding manufacturers of polysilicon, ingots, wafers, cells and modules for establishing manufacturing facilities on US soil.
Lee insists that Qcells’ US manufacturing expansion is not directly linked to the SEMA, or indeed any other trade issues impacting module supply to the US, but instead a market dynamic that is driving interest in ‘Made in America’ panels. But, Lee says, should the SEMA pass then Qcells would revisit the situation.
“From the cost perspective [outlined in Senator Jon Ossoff’s SEMA proposal], we are satisfied. If that policy support is in place, we may consider it,” he says.
..”
Solar’s next steps: Qcells CEO Justin Lee talks TOPCon as a ‘stepping stone’, targeted capacity expansions and R&D leadership
https://www.pv-tech.org/solars-next-steps-qcells-ceo-justin-lee-talks-topcon-as-a-stepping-stone-targeted-capacity-expansions-and-rd-leadership/
MAY 19, 2022
(Alternativt: https://pastebin.com/bn0cf9Zv)
“..
But direct subsidies or incentives were absent from the European Commission’s plan, and Qcells’ Lee is forthright in his opinion that they are necessary to narrow the gap in terms of cost with manufacturers in China.
“This industry clearly needs some kind of incentive or subsidy,” Lee says, adding that other policy levers lawmakers have mentioned, such as carbon footprint requirements on imports, while helpful, are “not good enough”.
In the absence of any specific policy, Lee says that critical to Europe’s hopes of competing with Chinese solar manufacturers is the establishment of a fully integrated supply chain, where module makers can source all they need domestically, rather than remaining reliant on imports further up the value chain.
It is easy now to draw a parallel between Europe and the US, the latter’s president Joe Biden having included the Solar Energy Manufacturing for America (SEMA) act in his Build Back Better policy agenda. That bill has proposed a series of tax incentives, rewarding manufacturers of polysilicon, ingots, wafers, cells and modules for establishing manufacturing facilities on US soil.
Lee insists that Qcells’ US manufacturing expansion is not directly linked to the SEMA, or indeed any other trade issues impacting module supply to the US, but instead a market dynamic that is driving interest in ‘Made in America’ panels. But, Lee says, should the SEMA pass then Qcells would revisit the situation.
“From the cost perspective [outlined in Senator Jon Ossoff’s SEMA proposal], we are satisfied. If that policy support is in place, we may consider it,” he says.
..”
Redigert 19.05.2022 kl 20:10
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manman01
20.05.2022 kl 09:54
6491
Sidste handelsdag inden onkel Joe besøger Sydkorea (:
Lykke til!
Lykke til!
Redigert 20.05.2022 kl 09:54
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Svenn_13
22.05.2022 kl 16:34
6115
Reporter In-Jun Lee = Dong-Kwan Kim, president for Hanwha Solutions, understreket behovet for samarbeid i solenergivirksomheten mellom Korea og USA den 21. President Kim Dong-gwan er den eldste sønnen til Hanwha-gruppeformann Kim Seung-yeon og deltok på møtet på vegne av styreleder Kim.
I følge Hanwha Group sa president Kim Dong-gwan på 'Korea-US Business Roundtable' som ble holdt på Hyatt Hotel i Seoul samme dag, arrangert av handels-, industri- og energiminister Lee Chang-yang og USAs handelssekretær Gina Raymondo, "Vi vil gi en stabil forsyning av høykvalitetsenergi til begge folk, et lavt karbonavtrykk og åpenhet. For å etablere denne garanterte forsyningskjeden, ønsker vi å utvide økonomien og teknologien til begge land til solenergifeltet. ”
Som svar rapporteres det at minister Raymondo uttrykte sin holdning om at han aktivt ville vurdere det, og sa: "Jeg er enig i behovet for å styrke samarbeidet." Følgelig vokser forventningene om at det økonomiske samarbeidet mellom de to landene vil utvide seg til solenergisektoren etter halvleder- og kjernekraftverkene. Spesielt tror Hanwha Solutions at samarbeidet mellom de to landene vil utvikle seg videre gjennom håndhevelsen av Solar Energy Manufacturing for America Act (SEMA). Loven, som returnerer skatter på solenergiprodukter produsert i USA, vedtas for tiden av det amerikanske representantenes hus og behandles av Senatet.
Hanwha Solutions har levert produkter til det amerikanske solenergimarkedet i over 10 år. Spesielt fra januar 2019 startet den driften av et 1,7GW (størst i USA) solcellemodulanlegg i Dalton, Georgia, for å utvide salget på det amerikanske hjemmemarkedet.
I begynnelsen av dette året etablerte det en «solenergi-verdikjede» ved å kjøpe REC Silicon, et amerikansk polysilisiumselskap. Nylig kunngjorde den en plan om å bygge et 1,4GW solcellemodulanlegg ved å investere 200 milliarder won i en amerikansk modulproduksjonslinje.
https://mobile.newsis.com/view.html?ar_id=NISX20220521_0001880143
Mai 21.2022
I følge Hanwha Group sa president Kim Dong-gwan på 'Korea-US Business Roundtable' som ble holdt på Hyatt Hotel i Seoul samme dag, arrangert av handels-, industri- og energiminister Lee Chang-yang og USAs handelssekretær Gina Raymondo, "Vi vil gi en stabil forsyning av høykvalitetsenergi til begge folk, et lavt karbonavtrykk og åpenhet. For å etablere denne garanterte forsyningskjeden, ønsker vi å utvide økonomien og teknologien til begge land til solenergifeltet. ”
Som svar rapporteres det at minister Raymondo uttrykte sin holdning om at han aktivt ville vurdere det, og sa: "Jeg er enig i behovet for å styrke samarbeidet." Følgelig vokser forventningene om at det økonomiske samarbeidet mellom de to landene vil utvide seg til solenergisektoren etter halvleder- og kjernekraftverkene. Spesielt tror Hanwha Solutions at samarbeidet mellom de to landene vil utvikle seg videre gjennom håndhevelsen av Solar Energy Manufacturing for America Act (SEMA). Loven, som returnerer skatter på solenergiprodukter produsert i USA, vedtas for tiden av det amerikanske representantenes hus og behandles av Senatet.
Hanwha Solutions har levert produkter til det amerikanske solenergimarkedet i over 10 år. Spesielt fra januar 2019 startet den driften av et 1,7GW (størst i USA) solcellemodulanlegg i Dalton, Georgia, for å utvide salget på det amerikanske hjemmemarkedet.
I begynnelsen av dette året etablerte det en «solenergi-verdikjede» ved å kjøpe REC Silicon, et amerikansk polysilisiumselskap. Nylig kunngjorde den en plan om å bygge et 1,4GW solcellemodulanlegg ved å investere 200 milliarder won i en amerikansk modulproduksjonslinje.
https://mobile.newsis.com/view.html?ar_id=NISX20220521_0001880143
Mai 21.2022
Svenn_13
26.05.2022 kl 08:33
5288
Man kan få inntrykk av at Demokrater bøyer av for en del av Manchin sine krav og at vi ser konturene av en politisk hestehandel:
“I am feeling actually pretty bullish about it at this very moment,” said Granholm during POLITICO’s Sustainability Summit. “We’re not going to see the whole Build Back Better agenda, we’ve got to be realistic about that. But I do think that at least some version of those tax credits is still possible.”
Granholm said Manchin and moderate Republican senators have expressed support for wind and solar energy tax credits when paired with incentives for the fossil fuel industry and advanced nuclear energy.
https://www.eenews.net/articles/clean-energy-tax-package-shows-signs-of-life/
Mai 19, 2022
Manchin er nå i Davos og sier dette:
Sen. Joe Manchin continues to envision legislation advancing this year to tackle inflation, drug pricing and climate change — but with an emphasis on fossil fuels.
In remarks yesterday at the World Economic Forum’s annual meeting in Davos, Switzerland, the West Virginia Democrat said there is “a responsibility and opportunity that we can do something.”
Manchin, who chairs the Senate Energy and Natural Resources Committee, listed three major priorities: inflation and deficit reduction, lowering drug prices, and energy and climate. On the latter point, Manchin said, “You can’t do one without the other.”
“The United States of America has an abundant supply of natural gas and oil,” Manchin said. “And we can use our fossil and the cleanest technology humanly possible to make sure that we are reliable, we have reliability and we have security.”
https://www.eenews.net/articles/at-davos-manchin-offers-insight-into-inflation-climate-deal/
Mai 24, 2022
“I am feeling actually pretty bullish about it at this very moment,” said Granholm during POLITICO’s Sustainability Summit. “We’re not going to see the whole Build Back Better agenda, we’ve got to be realistic about that. But I do think that at least some version of those tax credits is still possible.”
Granholm said Manchin and moderate Republican senators have expressed support for wind and solar energy tax credits when paired with incentives for the fossil fuel industry and advanced nuclear energy.
https://www.eenews.net/articles/clean-energy-tax-package-shows-signs-of-life/
Mai 19, 2022
Manchin er nå i Davos og sier dette:
Sen. Joe Manchin continues to envision legislation advancing this year to tackle inflation, drug pricing and climate change — but with an emphasis on fossil fuels.
In remarks yesterday at the World Economic Forum’s annual meeting in Davos, Switzerland, the West Virginia Democrat said there is “a responsibility and opportunity that we can do something.”
Manchin, who chairs the Senate Energy and Natural Resources Committee, listed three major priorities: inflation and deficit reduction, lowering drug prices, and energy and climate. On the latter point, Manchin said, “You can’t do one without the other.”
“The United States of America has an abundant supply of natural gas and oil,” Manchin said. “And we can use our fossil and the cleanest technology humanly possible to make sure that we are reliable, we have reliability and we have security.”
https://www.eenews.net/articles/at-davos-manchin-offers-insight-into-inflation-climate-deal/
Mai 24, 2022
Småplukker
26.05.2022 kl 08:44
5220
Ja hva er det egentlig Manchin sier? "We are relieable?"
Han sier at USA må tviholde på produksjonen av olje og gass og kull, fordi det ligger klart til å bli hentet ut av bakken - men mest fordi det er det som betyr noe for Manchin og hans donorer.
Han sier at USA må tviholde på produksjonen av olje og gass og kull, fordi det ligger klart til å bli hentet ut av bakken - men mest fordi det er det som betyr noe for Manchin og hans donorer.
Svenn_13
26.05.2022 kl 09:00
8338
Det har foregått diskusjoner rundt letelisenser og dette gjelder også etter naturgass som er viktig i Manchin sin delstat Vest Virginia. Ser at en del Demokrater er med på å bøye av den linjen man hadde under BBB og er med på Manchin sine krav. Samtidig er Manchin i ferd med å miste oppslutning blandt egne. Han har ikke fått i land avtalen om medisiner som er viktig for arbeidere i kullindustrien og han mister oppslutning blandt den delen av befolkningen som er opptatt av fornybar energi.
Det er som energiminister Granholm sier at de jobber mot tiden. Her trekkes det i ulike retninger, men positivt at begge leirer har likere retorikk.
Det er som energiminister Granholm sier at de jobber mot tiden. Her trekkes det i ulike retninger, men positivt at begge leirer har likere retorikk.
manman01
26.05.2022 kl 14:55
7890
Solar tax credits, other financial incentives deemed critical to regionalised manufacturing growth
https://www.pv-tech.org/solar-tax-credits-other-financial-incentives-deemed-critical-to-regionalised-manufacturing-growth/
MAY 26, 2022
"
..
“Some good, long-lasting local incentives would attract capacity into the US,” Qu said, alluding to the proposed Solar Energy Manufacturing for America (SEMA) Act proposed last year by Senator Jon Ossoff and included within President Joe Biden’s Build Back Better agenda.
That view has been echoed by Qcells CEO Justin Lee, who in a press conference earlier this month said that direct subsidies for manufacturing were critical for more regionalised solar manufacturing.
“This industry clearly needs some kind of incentive or subsidy,” Lee said, adding that other regulatory levers, such as import tariffs or carbon footprint requirements, are “not good enough”.
Qcells recently unveiled plans to invest US$320 million to expand its solar cell and module manufacturing capacities in Korea and the US respectively, however the company remains enthused by the prospect of SEMA passing and providing direct incentives on a cost-per-unit basis for the manufacture of solar polysilicon, wafers, cells and modules in the US.
Ossoff’s SEMA bill has emerged as a particular favourite of solar manufacturers eyeing expansion plans given, as Lee noted, its cost-per-unit model. The initial proposals tabled last year include tax credits of US$3/kg for polysilicon, US$12/sqm of solar wafers, US$0.04/Wdc for solar cells and US$0.07/Wdc for non-integrated modules and US$0.11/Wdc for integrated modules.
..
"
https://www.pv-tech.org/solar-tax-credits-other-financial-incentives-deemed-critical-to-regionalised-manufacturing-growth/
MAY 26, 2022
"
..
“Some good, long-lasting local incentives would attract capacity into the US,” Qu said, alluding to the proposed Solar Energy Manufacturing for America (SEMA) Act proposed last year by Senator Jon Ossoff and included within President Joe Biden’s Build Back Better agenda.
That view has been echoed by Qcells CEO Justin Lee, who in a press conference earlier this month said that direct subsidies for manufacturing were critical for more regionalised solar manufacturing.
“This industry clearly needs some kind of incentive or subsidy,” Lee said, adding that other regulatory levers, such as import tariffs or carbon footprint requirements, are “not good enough”.
Qcells recently unveiled plans to invest US$320 million to expand its solar cell and module manufacturing capacities in Korea and the US respectively, however the company remains enthused by the prospect of SEMA passing and providing direct incentives on a cost-per-unit basis for the manufacture of solar polysilicon, wafers, cells and modules in the US.
Ossoff’s SEMA bill has emerged as a particular favourite of solar manufacturers eyeing expansion plans given, as Lee noted, its cost-per-unit model. The initial proposals tabled last year include tax credits of US$3/kg for polysilicon, US$12/sqm of solar wafers, US$0.04/Wdc for solar cells and US$0.07/Wdc for non-integrated modules and US$0.11/Wdc for integrated modules.
..
"
manman01
26.05.2022 kl 14:58
7873
"
..
“From the cost perspective [outlined in Senator Jon Ossoff’s SEMA proposal], we are satisfied. If that policy support is in place, we may consider [expanding in the US],” he says.
Lee’s full sentiments regarding Qcells’ expansion plans can be read here.
Qcells parent company Hanwha Solutions has, of course, already committed to a broader restart of a solar manufacturing landscape in the US, starting with the purchase of a significant stake in polysilicon producer REC Silicon and a commitment to restart production at the Moses Lake facility REC mothballed in 2019.
But while the SEMA bill has been championed by solar manufacturers – and, in a similar fashion, India’s Production Linked Incentive scheme has also been successful in attracting gigawatts of interest – Europe has offered no such fiscal incentive for solar manufacturers, instead choosing to address issues relating to the availability of finance.
..
"
..
“From the cost perspective [outlined in Senator Jon Ossoff’s SEMA proposal], we are satisfied. If that policy support is in place, we may consider [expanding in the US],” he says.
Lee’s full sentiments regarding Qcells’ expansion plans can be read here.
Qcells parent company Hanwha Solutions has, of course, already committed to a broader restart of a solar manufacturing landscape in the US, starting with the purchase of a significant stake in polysilicon producer REC Silicon and a commitment to restart production at the Moses Lake facility REC mothballed in 2019.
But while the SEMA bill has been championed by solar manufacturers – and, in a similar fashion, India’s Production Linked Incentive scheme has also been successful in attracting gigawatts of interest – Europe has offered no such fiscal incentive for solar manufacturers, instead choosing to address issues relating to the availability of finance.
..
"
Redigert 26.05.2022 kl 14:58
Du må logge inn for å svare
Takk, min favoritt danske ☺️ Jeg klarer ikke forstå dette annerledes, enn at Hanwha vil restarte og finne kunder til Rec Silicon, uavhengig av SEMA. Blir SEMA godkjent, blir det enda bedre bare.
manman01
27.05.2022 kl 15:12
7299
Bare hygge, og du var spot on :)
NEWS: Sen. Ossoff Announces 470 New Jobs in Dalton, Ga.
https://www.ossoff.senate.gov/es/press-releases/news-sen-ossoff-announces-470-new-jobs-in-dalton-ga/
MAY 26, 2022
"
..
Dalton, Ga. — Today, U.S. Senator Jon Ossoff announced nearly 500 new jobs are coming to North Georgia.
Dalton-based Qcells will expand its solar module manufacturing facility, investing $171 million and creating nearly 500 local jobs in and around Whitfield County.
“We are proud to announce our new solar module manufacturing plant will be in Dalton, Georgia. Nobody has been a bigger champion for Qcells and domestic solar manufacturing than Senator Ossoff,” said Qcells CEO Justin Lee. “His landmark Solar Energy Manufacturing for America Act, if passed, would create a new paradigm in which this would be the first of many such investments made in Georgia and around the United States.”
“I appreciate Qcells’ sustained and growing investment in Georgia and the working relationship we’ve built to create more jobs and opportunities for Georgians. I will continue working to make Georgia a world leader in renewable energy innovation and manufacturing,” Sen. Ossoff said.
Sen. Ossoff met with Qcells’ parent company Hanwha in Seoul last year and has been instrumental in pitching and securing additional clean energy investment in Georgia, also recently helping secure Hyundai’s electric vehicle investment that will create over 8,000 jobs in Bryan County.
Sen. Ossoff also met withThis is an external link
Qcells’ leadership in Dalton last year and has championed Federal legislation to supercharge domestic solar production.
Qcells cites Sen. Ossoff’s Solar Energy Manufacturing for America Act as a key reason for the additional investments in the U.S. and has promised additional multi-billion dollar investmentsThis is an external link
in domestic solar manufacturing in Georgia and the United States upon passage of Sen. Ossoff’s legislation.
Sen. Ossoff’s legislation will supercharge domestic solar manufacturing, create tens of thousandsThis is an external link
of good-paying jobs in Georgia and nationwide, help meet the U.S.’ ambitious goal of having solar energy account for 40% of U.S. energy by 2035, and accelerate the transition to clean energy.
The expansion will bring an additional 1.4 gigawatts of new annual module capacity, bringing Qcells’ total production capacity in Georgia to 3.1 gigawatts.
..
"
NEWS: Sen. Ossoff Announces 470 New Jobs in Dalton, Ga.
https://www.ossoff.senate.gov/es/press-releases/news-sen-ossoff-announces-470-new-jobs-in-dalton-ga/
MAY 26, 2022
"
..
Dalton, Ga. — Today, U.S. Senator Jon Ossoff announced nearly 500 new jobs are coming to North Georgia.
Dalton-based Qcells will expand its solar module manufacturing facility, investing $171 million and creating nearly 500 local jobs in and around Whitfield County.
“We are proud to announce our new solar module manufacturing plant will be in Dalton, Georgia. Nobody has been a bigger champion for Qcells and domestic solar manufacturing than Senator Ossoff,” said Qcells CEO Justin Lee. “His landmark Solar Energy Manufacturing for America Act, if passed, would create a new paradigm in which this would be the first of many such investments made in Georgia and around the United States.”
“I appreciate Qcells’ sustained and growing investment in Georgia and the working relationship we’ve built to create more jobs and opportunities for Georgians. I will continue working to make Georgia a world leader in renewable energy innovation and manufacturing,” Sen. Ossoff said.
Sen. Ossoff met with Qcells’ parent company Hanwha in Seoul last year and has been instrumental in pitching and securing additional clean energy investment in Georgia, also recently helping secure Hyundai’s electric vehicle investment that will create over 8,000 jobs in Bryan County.
Sen. Ossoff also met withThis is an external link
Qcells’ leadership in Dalton last year and has championed Federal legislation to supercharge domestic solar production.
Qcells cites Sen. Ossoff’s Solar Energy Manufacturing for America Act as a key reason for the additional investments in the U.S. and has promised additional multi-billion dollar investmentsThis is an external link
in domestic solar manufacturing in Georgia and the United States upon passage of Sen. Ossoff’s legislation.
Sen. Ossoff’s legislation will supercharge domestic solar manufacturing, create tens of thousandsThis is an external link
of good-paying jobs in Georgia and nationwide, help meet the U.S.’ ambitious goal of having solar energy account for 40% of U.S. energy by 2035, and accelerate the transition to clean energy.
The expansion will bring an additional 1.4 gigawatts of new annual module capacity, bringing Qcells’ total production capacity in Georgia to 3.1 gigawatts.
..
"
Svenn_13
28.05.2022 kl 15:21
7063
U.S. Senator Manchin could back climate provisions in slimmer spending bill, sources say
The lawmakers hope to resolve the talks on the legislation by the end of June before shifting focus to campaigning ahead of the November midterm elections for control of Congress.
Manchin's spokesperson, Sam Runyon, did not confirm the reporting, but said the senator "remains seriously concerned about the financial status of our country and believes fighting inflation by restoring fairness to our tax system and paying down our national debt must be our first priority."
Manchin has said publicly that the only deadline to pass a spending bill is Sept. 30
https://www.reuters.com/world/us/us-senator-manchin-signals-support-climate-provisions-slimmed-down-spending-bill-2022-05-27/
Mai 27, 2022
The lawmakers hope to resolve the talks on the legislation by the end of June before shifting focus to campaigning ahead of the November midterm elections for control of Congress.
Manchin's spokesperson, Sam Runyon, did not confirm the reporting, but said the senator "remains seriously concerned about the financial status of our country and believes fighting inflation by restoring fairness to our tax system and paying down our national debt must be our first priority."
Manchin has said publicly that the only deadline to pass a spending bill is Sept. 30
https://www.reuters.com/world/us/us-senator-manchin-signals-support-climate-provisions-slimmed-down-spending-bill-2022-05-27/
Mai 27, 2022
manman01
14.06.2022 kl 09:26
6633
Hvem sælger i dag? (:
Hanwha Solutions to Benefit from U.S. Solar Energy Promotion Policies
http://www.businesskorea.co.kr/news/articleView.html?idxno=94559
JUNE 14, 2022
“..
Hanwha Solutions is expected to benefit from the U.S. government's latest initiatives to promote the solar energy industry.
The U.S. Department of Commerce recently announced a temporary exemption of up to two years from the application of any new tariffs on solar cells and modules from four Southeast Asian nations — Cambodia, Malaysia, Thailand, and Vietnam. The measure will lead to an increase in demand for solar power installations in the United States. U.S. demand for solar power installations for this year is expected to expand the originally projected 22 GW to 30GW.
Such an increase in demand is good news for Hanwha Solutions, which is expanding its business in the United States.
The U.S. government is also expected to pass the Solar Energy Manufacturing for America Act or SEMA within this year. It also brightens the outlook for Hanwha Solutions’ business in the United States. The bill is intended to grant tax benefits to solar products produced in the United States, and is currently under review in the Senate after passing the House of Representatives. Hanwha Solutions has a business site in the United States, so the bill can boost its cost competitiveness.
..”
Hanwha Solutions to Benefit from U.S. Solar Energy Promotion Policies
http://www.businesskorea.co.kr/news/articleView.html?idxno=94559
JUNE 14, 2022
“..
Hanwha Solutions is expected to benefit from the U.S. government's latest initiatives to promote the solar energy industry.
The U.S. Department of Commerce recently announced a temporary exemption of up to two years from the application of any new tariffs on solar cells and modules from four Southeast Asian nations — Cambodia, Malaysia, Thailand, and Vietnam. The measure will lead to an increase in demand for solar power installations in the United States. U.S. demand for solar power installations for this year is expected to expand the originally projected 22 GW to 30GW.
Such an increase in demand is good news for Hanwha Solutions, which is expanding its business in the United States.
The U.S. government is also expected to pass the Solar Energy Manufacturing for America Act or SEMA within this year. It also brightens the outlook for Hanwha Solutions’ business in the United States. The bill is intended to grant tax benefits to solar products produced in the United States, and is currently under review in the Senate after passing the House of Representatives. Hanwha Solutions has a business site in the United States, so the bill can boost its cost competitiveness.
..”
Svenn_13
17.06.2022 kl 16:58
6064
Forsiktig optimisme i forhold til at det kommer til å forhandles fram en avtale. Her har alle parter mye å vinne på å komme frem til et kompromiss til tross for inflasjon og egeninteresse. Noe mer konkret har man fremdeles ikke annet at det ser ut til at det snakkes sammen.
Senate Democrats are preparing for possible summer action on their still-elusive climate, tax reform and prescription drugs bill, grinding behind the scenes on a new version during high-profile gun safety talks.
With much of Washington’s attention on guns, Majority Leader Chuck Schumer and Sen. Joe Manchin (D-W.Va.) met twice this week on a potential party-line package. There’s more afoot: Schumer and his staff are working with the Senate parliamentarian to help tee up a possible July or August vote. And a prominent Democratic pollster has tested how popular major components of a hypothetical bill would be in Senate battleground states.
https://www.google.com/amp/s/www.politico.com/amp/news/2022/06/16/rec-room-00040321
17.06.2022
Senate Democrats are preparing for possible summer action on their still-elusive climate, tax reform and prescription drugs bill, grinding behind the scenes on a new version during high-profile gun safety talks.
With much of Washington’s attention on guns, Majority Leader Chuck Schumer and Sen. Joe Manchin (D-W.Va.) met twice this week on a potential party-line package. There’s more afoot: Schumer and his staff are working with the Senate parliamentarian to help tee up a possible July or August vote. And a prominent Democratic pollster has tested how popular major components of a hypothetical bill would be in Senate battleground states.
https://www.google.com/amp/s/www.politico.com/amp/news/2022/06/16/rec-room-00040321
17.06.2022
Svenn_13
18.06.2022 kl 00:51
5470
Senate Majority Leader Chuck Schumer (D-N.Y.) and House Speaker Nancy Pelosi (D-Calif.) huddled with President Joe Biden yesterday afternoon to discuss a host of issues related to inflation that sound a lot like the contours of a potential reconciliation package.
“They discussed their plans for fighting the global problem of inflation that is affecting every major economy, such as bringing down prescription drug and energy costs, and adding to the historic deficit reduction we have accomplished,” the White House said in a readout of the meeting.
Prescription drugs, clean energy and deficit reduction have emerged as central tenets in the new reconciliation push underway by Senate Democrats to attract the support of Sen. Joe Manchin (D-W.Va.), whose opposition killed the House-passed, $1.7 trillion “Build Back Better Act” late last year.
The Solar Energy Industries Association (SEIA) announced that some two dozen solar companies executives are spreading across Congress this week to lobby on the reconciliation bill.
“Solar business leaders are in town to demonstrate to lawmakers the type of investments and economic growth that can come if Congress acts,” SEIA President and CEO Abigail Ross Hopper said in a statement. “As the inflation pinch tightens, these are common-sense steps that can lower energy costs for all Americans.”
https://www.eenews.net/articles/reconciliation-redux-pelosi-schumer-huddle-with-biden/
16.06.2022
“They discussed their plans for fighting the global problem of inflation that is affecting every major economy, such as bringing down prescription drug and energy costs, and adding to the historic deficit reduction we have accomplished,” the White House said in a readout of the meeting.
Prescription drugs, clean energy and deficit reduction have emerged as central tenets in the new reconciliation push underway by Senate Democrats to attract the support of Sen. Joe Manchin (D-W.Va.), whose opposition killed the House-passed, $1.7 trillion “Build Back Better Act” late last year.
The Solar Energy Industries Association (SEIA) announced that some two dozen solar companies executives are spreading across Congress this week to lobby on the reconciliation bill.
“Solar business leaders are in town to demonstrate to lawmakers the type of investments and economic growth that can come if Congress acts,” SEIA President and CEO Abigail Ross Hopper said in a statement. “As the inflation pinch tightens, these are common-sense steps that can lower energy costs for all Americans.”
https://www.eenews.net/articles/reconciliation-redux-pelosi-schumer-huddle-with-biden/
16.06.2022
DjTao
23.06.2022 kl 11:57
4645
Dette påvirker vel muligens størrelsen på tax credit i SEMA som REC vil dra nytte av. Slik jeg forstår innholdet i artikkelen vil tax creditten nedjusteres
Utover det, virker det jo som det er fremgang i forhandlingene.
The issue is among the remaining sticking points as Democrats seek to hammer out an agreement on their massive spending package before the midterm campaign season kicks into high gear. Other remaining areas of negotiation include details on a tax credit for electric vehicles including the value and eligibility requirements, one of the people said.
Jeg tror at demokratene vil gå Manchin i møte å gi seg på kravet om å øke tax credit på EV for å få banket dette gjennom. De er nødt til å kunne vise til handlekraft og resultater snart.
https://www.bloomberg.com/news/articles/2022-06-22/manchin-opposing-energy-payments-seen-blunting-value-of-credits
Utover det, virker det jo som det er fremgang i forhandlingene.
The issue is among the remaining sticking points as Democrats seek to hammer out an agreement on their massive spending package before the midterm campaign season kicks into high gear. Other remaining areas of negotiation include details on a tax credit for electric vehicles including the value and eligibility requirements, one of the people said.
Jeg tror at demokratene vil gå Manchin i møte å gi seg på kravet om å øke tax credit på EV for å få banket dette gjennom. De er nødt til å kunne vise til handlekraft og resultater snart.
https://www.bloomberg.com/news/articles/2022-06-22/manchin-opposing-energy-payments-seen-blunting-value-of-credits
Redigert 23.06.2022 kl 12:02
Du må logge inn for å svare
Skalleknarp
23.06.2022 kl 12:13
4577
Får håpe dette hjelper litt på forståelse av behov og fremgang i forhandlingene: "The Solar Energy Industries Association (SEIA) announced that some two dozen solar companies executives are spreading across Congress this week to lobby on the reconciliation bill" - Listen carefully I only say this once.....
Redigert 23.06.2022 kl 12:14
Du må logge inn for å svare
Xpat1
23.06.2022 kl 12:21
4528
Er ingen ekspert på dette, men tok det opp i uke 25-tråden i går. Virker som om direct pay er foreslått ettersom kraftprodusentene ikke tjener nok til å kunne benytte seg fullt ut av tax credits (skattekravet blir mindre enn tax credits). De må derfor bruke banker og meglere til å selge credits i markedet noe som gjør at deler av pengene forsvinner i lommene på finansinstitusjonene istedenfor kraftprodusentene. For REC er det mulig dette ikke blir noe problem, men usikker på hvordan det fremførbare underskuddet påvirker dette her. Noen andre her som har peiling?
Joe Manchin fremstår mer og mer som denne fossilen i Storebrand reklamen, nekter å se hvordan verden er i ferd med å endre seg.
https://www.eenews.net/articles/manchin-slams-stupid-ev-push-cites-chinese-supply-chain/
https://www.eenews.net/articles/manchin-slams-stupid-ev-push-cites-chinese-supply-chain/
Skalleknarp
24.06.2022 kl 13:47
4066
Eller at EeeeeeeeeeeeeeeeeeeeeeeeeeeeGolf får mye gratisreklame.
Machin har stor egen interesse i olje. Han snakker etter sin egen lommebok. Å det gjør vel de fleste av oss
Svenn_13
14.07.2022 kl 22:24
3335
Manchin tråkker på bremsen i forhandlingene og skylder på høy inflasjon. Kan ut fra artikkelen se ut som han fremdeles rir flere hester samtidig:
Inflation report makes Manchin ‘very cautious’ on climate bill
West Virginia Democratic Sen. Joe Manchin sounded a note of caution yesterday on reconciliation talks after another round of high inflation numbers, raising the prospect of a narrow package that only includes drug pricing provisions.
“It depends on if we can look at things and find a pathway forward that’s not [inflationary],” Manchin told reporters. “We know what we can pass. It’s basically the drug pricing on Medicare.”
He added: “Is there any more we can do? I don’t know. But I’m very, very cautious.”
The West Virginia Democrat is still negotiating that section of the potential bill with Senate Majority Leader Chuck Schumer (D-N.Y.). But he has raised various concerns about electric vehicle incentives and a direct pay option for clean energy tax credits.
The reconciliation effort, namely the proposed suite of clean electricity tax credits, likely represents congressional Democrats’ last real chance to pass large-scale climate legislation in the near future and chip away at President Joe Biden’s emissions pledges. The GOP is favored to take back one or both chambers in the midterms.
At the same time, Democrats are attempting to break a blockade from Senate Republicans on a separate competition and innovation bill.
Senate Minority Leader Mitch McConnell (R-Ky.) had said he’d sink the bipartisan effort if Democrats continued to pursue reconciliation, but his stance has since softened. The administration is now urging Democrats to break up the innovation bill.
To date, Schumer and Manchin appear to have only fully agreed on the drug pricing aspect of the package, which Schumer sent to the parliamentarian for review last week. Manchin is also supportive of rolling back the 2017 GOP tax cuts, a priority he shares with many in his party.
But he reiterated that he wants to see 50 cents of every dollar raised via tax hikes in the bill go toward deficit reduction.
“I’m going to make sure that I have every input on scrubbing everything humanly possible that could be considered [inflationary],” Manchin said.
The latest Consumer Price Index numbers, released yesterday, showed that inflation accelerated last month to the quickest annual pace in four decades: 9.1 percent.
“No matter what spending aspirations some in Congress may have, it is clear to anyone who visits a grocery store or a gas station that we cannot add any more fuel to this inflation fire,” Manchin said in a separate statement yesterday.
Most Democrats argue that the reconciliation bill would be anti-inflationary, a point Senate Finance Chair Ron Wyden (D-Ore.) reiterated yesterday.
“We’re cutting costs for consumers,” Wyden told reporters. “We’re cutting prescription drug costs. We’re holding down premiums in the Affordable Care Act. We’re cutting energy costs for the long term.”
But Manchin has also been searching for concessions to boost fossil fuels amid concerns about energy prices, which remain high even as they have begun to decline this month.
Manchin is particularly keen to finish the Mountain Valley pipeline, the long-debated shale gas project that would run through his state.
The Washington Post reported yesterday that the White House is weighing whether to greenlight several public lands drilling projects, including Mountain Valley, the Willow Project in Alaska or in the Gulf of Mexico, to help secure his vote on the clean energy provisions in reconciliation.
That could rankle House progressives and environmental groups, who were already upset by the Biden administration’s move to advance the Willow Project over his first two years in office.
“I am really worried that in this rush to get something out we are not dealing with consequences,” House Natural Resources Chair Raúl Grijalva (D-Ariz.) said in an interview.
Grijalva said he’s worried that any approvals for energy projects would require carve-outs from the National Environmental Policy Act, which he said could set precedents for other exceptions.
“We make a lot of Faustian deals around here,” said Rep. Jared Huffman (D-Calif.), another progressive and member of the House Natural Resources Committee. “I think I am going to try to allow the space for the White House and hopefully some good environmental leaders in the Senate to bring forward a good deal.”
Members of the Alaska delegation have for years advocated for Willow, a ConocoPhillips Co. project that is projected to produce nearly 630 million barrels of crude oil. They remain on watch.
“I pitched the president directly on Willow last year to explain it, and after those guys looked at it, they said they were supportive,” Sen. Dan Sullivan (R-Alaska) said in an interview. “So the issue, in my view, is that decision was made a year ago.”
House moderates, meanwhile, are beginning to present another reconciliation wrinkle. Some are demanding a potential deal to raise the cap for state and local tax deductions, an idea that does not appear to be in the mix in talks between Manchin and Schumer.
Axios reported yesterday that Rep. Josh Gottheimer (D-N.J.) is considering putting together a group of lawmakers to make a counteroffer to Manchin and Schumer that would exclude new taxes on corporations and individuals and include less revenue.
Either issue has the potential to tank reconciliation talks because Democrats can only afford to lose only a handful of votes in the narrowly divided House and none in the 50-50 Senate.
Sen. Elizabeth Warren (D-Mass.) neatly summed up the situation in the Senate, as Democrats anxiously wait to find out whether Schumer and Manchin can strike a deal on other aspects of the bill.
“Reconciliation will be whatever we can get 50 votes for, and there’s no escaping that,” Warren told reporters.
https://www.eenews.net/articles/inflation-report-makes-manchin-very-cautious-on-climate-bill/
14.07.2022
Inflation report makes Manchin ‘very cautious’ on climate bill
West Virginia Democratic Sen. Joe Manchin sounded a note of caution yesterday on reconciliation talks after another round of high inflation numbers, raising the prospect of a narrow package that only includes drug pricing provisions.
“It depends on if we can look at things and find a pathway forward that’s not [inflationary],” Manchin told reporters. “We know what we can pass. It’s basically the drug pricing on Medicare.”
He added: “Is there any more we can do? I don’t know. But I’m very, very cautious.”
The West Virginia Democrat is still negotiating that section of the potential bill with Senate Majority Leader Chuck Schumer (D-N.Y.). But he has raised various concerns about electric vehicle incentives and a direct pay option for clean energy tax credits.
The reconciliation effort, namely the proposed suite of clean electricity tax credits, likely represents congressional Democrats’ last real chance to pass large-scale climate legislation in the near future and chip away at President Joe Biden’s emissions pledges. The GOP is favored to take back one or both chambers in the midterms.
At the same time, Democrats are attempting to break a blockade from Senate Republicans on a separate competition and innovation bill.
Senate Minority Leader Mitch McConnell (R-Ky.) had said he’d sink the bipartisan effort if Democrats continued to pursue reconciliation, but his stance has since softened. The administration is now urging Democrats to break up the innovation bill.
To date, Schumer and Manchin appear to have only fully agreed on the drug pricing aspect of the package, which Schumer sent to the parliamentarian for review last week. Manchin is also supportive of rolling back the 2017 GOP tax cuts, a priority he shares with many in his party.
But he reiterated that he wants to see 50 cents of every dollar raised via tax hikes in the bill go toward deficit reduction.
“I’m going to make sure that I have every input on scrubbing everything humanly possible that could be considered [inflationary],” Manchin said.
The latest Consumer Price Index numbers, released yesterday, showed that inflation accelerated last month to the quickest annual pace in four decades: 9.1 percent.
“No matter what spending aspirations some in Congress may have, it is clear to anyone who visits a grocery store or a gas station that we cannot add any more fuel to this inflation fire,” Manchin said in a separate statement yesterday.
Most Democrats argue that the reconciliation bill would be anti-inflationary, a point Senate Finance Chair Ron Wyden (D-Ore.) reiterated yesterday.
“We’re cutting costs for consumers,” Wyden told reporters. “We’re cutting prescription drug costs. We’re holding down premiums in the Affordable Care Act. We’re cutting energy costs for the long term.”
But Manchin has also been searching for concessions to boost fossil fuels amid concerns about energy prices, which remain high even as they have begun to decline this month.
Manchin is particularly keen to finish the Mountain Valley pipeline, the long-debated shale gas project that would run through his state.
The Washington Post reported yesterday that the White House is weighing whether to greenlight several public lands drilling projects, including Mountain Valley, the Willow Project in Alaska or in the Gulf of Mexico, to help secure his vote on the clean energy provisions in reconciliation.
That could rankle House progressives and environmental groups, who were already upset by the Biden administration’s move to advance the Willow Project over his first two years in office.
“I am really worried that in this rush to get something out we are not dealing with consequences,” House Natural Resources Chair Raúl Grijalva (D-Ariz.) said in an interview.
Grijalva said he’s worried that any approvals for energy projects would require carve-outs from the National Environmental Policy Act, which he said could set precedents for other exceptions.
“We make a lot of Faustian deals around here,” said Rep. Jared Huffman (D-Calif.), another progressive and member of the House Natural Resources Committee. “I think I am going to try to allow the space for the White House and hopefully some good environmental leaders in the Senate to bring forward a good deal.”
Members of the Alaska delegation have for years advocated for Willow, a ConocoPhillips Co. project that is projected to produce nearly 630 million barrels of crude oil. They remain on watch.
“I pitched the president directly on Willow last year to explain it, and after those guys looked at it, they said they were supportive,” Sen. Dan Sullivan (R-Alaska) said in an interview. “So the issue, in my view, is that decision was made a year ago.”
House moderates, meanwhile, are beginning to present another reconciliation wrinkle. Some are demanding a potential deal to raise the cap for state and local tax deductions, an idea that does not appear to be in the mix in talks between Manchin and Schumer.
Axios reported yesterday that Rep. Josh Gottheimer (D-N.J.) is considering putting together a group of lawmakers to make a counteroffer to Manchin and Schumer that would exclude new taxes on corporations and individuals and include less revenue.
Either issue has the potential to tank reconciliation talks because Democrats can only afford to lose only a handful of votes in the narrowly divided House and none in the 50-50 Senate.
Sen. Elizabeth Warren (D-Mass.) neatly summed up the situation in the Senate, as Democrats anxiously wait to find out whether Schumer and Manchin can strike a deal on other aspects of the bill.
“Reconciliation will be whatever we can get 50 votes for, and there’s no escaping that,” Warren told reporters.
https://www.eenews.net/articles/inflation-report-makes-manchin-very-cautious-on-climate-bill/
14.07.2022
Redigert 14.07.2022 kl 22:25
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Tror vi kan glemme bbb, Manchin er en klovn og kommer aldri å godta noe som helst. De må satse på at noen republikaner evt kan omvendes ..