Brendan Pierpont
Energy and climate nerd. Electricity @energyinnovation.bsky.social. Views are my own.
- Reposted by Brendan PierpontProposed changes to the Inflation Reduction Act's tax credits, along with recissions to DOE's Loan Program Office funds would, would ultimately kill new nuclear projects in the US and put the nuclear industry resurgence at risk. See more at: yardsale.energy?p=43
- Reposted by Brendan PierpontRhodium finds the complicated House tax proposal would be as disastrous as outright repeal of the clean energy tax credits. • Raises household energy spending. • Raises prices of gasoline and natural gas. • Raises oil imports. • Slashes deployment of clean electricity and electric vehicles.
- Reposted by Brendan PierpontCompletely agree with Robbie here. There seems to be a lot of wishful thinking or hot takes that the FEOC language isn't so bad. As someone who spent the last 2 years trying to implement much simpler, more straightforward language for vehicle batteries, I'm here to say: that is wrong.
- Every single investor memo I’ve seen so far has completely misread the “material assistance” FEOC language from Ways and Means and drastically understated its potential impact. @robinsonmeyer.bsky.social got it dead on in his piece today. Suggest everyone read it. heatmap.news/politics/hou...
- NRG is buying most of LS Power's gas fleet in a massive deal (also - existing gas plants for almost $1000/kW: there is no cheap power left). #energysky: www.powermag.com/nrg-buying-l...
- This one weird trick could raise electricity bills by 10%: go.auroraer.com/l/885013/202...
- The House Republican's budget bill is starting to drop. It extends trillions in tax cuts for the wealthy while effectively crippling US manufacturing & energy industries and raising energy costs. It's effectively full repeal of the IRA. Here's tax portion waysandmeans.house.gov/wp-content/u... 🔌💡
