Big US firms call for national clean energy standard
Adoption of federal standard can spur robust economic recovery and create millions of jobs, companies say
Nearly 80 companies including household names such as Apple, eBay, Google and General Motors have called on the US Congress to adopt a national clean energy standard (CES). The lobbying, in a letter to lawmakers, comes as President Joe Biden’s $1.7trn infrastructure plans, which include a CES as a “non-negotiable”, face an uncertain future. A CES typically requires a percentage of retail electricity sales is from low- or zero-carbon sources, such as renewable or nuclear energy. A federal CES has so far failed to gain traction in Washington in part because of fears it would raise electricity prices. “By acting now to enact a federal clean electricity standard, Congress and the president can s
Also in this section
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
10 December 2024
Tightened standards have helped improve the outlook for the voluntary carbon market, which is set for a record year and poised for long-term growth