Your Daily Dose of Climate Hope: November 18, 2024

A proposal with five new policies to turbocharge U.S. clean manufacturing!

A U.S. Energy Department advisor just published a new article outlining five new policies to turbocharge U.S. clean manufacturing.

Tell Congress to read the proposed five new policies to turbocharge U.S. clean manufacturing!

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Reasons For Hope

A titanium ingot. We’ll soon see U.S. industrial and manufacturing facilities like this one powered entirely by clean electrons!

A U.S. Energy Department advisor just published a new article in Canary Media entitled “Five smart policies can turbocharge clean US manufacturing.” The article outlines five actions Congress can take to build on the progress of the Inflation Reduction Act and accelerate the ongoing American clean manufacturing boom:

1. Create a new clean industrial heat tax credit. This would build on clean electricity tax credits by rewarding manufacturers for using clean electric heat instead of burning fossil fuels.

2. Reform electricity markets to value energy storage. Flexible technologies like grid-scale batteries can save money, balance the grid, reduce emissions, and lower consumer costs.

3. Reauthorize and expand the U.S. Energy Department’s Industrial Demonstrations Program. This is the program the Energy Department has so far used to fund 33 clean industrial projects across America, creating tens of thousands of jobs while reducing pollution. It’s a no-brainer to double down on it!

4. Extend and expand the Qualifying Advanced Energy Project Credit (48C). This Inflation Reduction Act tax credit supporting advanced cleantech projects has been incredibly popular, with applicants submitting proposals for over 10 times the available funding. Congress should make more funding available to supercharge U.S. innovation and competitiveness.

5. Enact a carbon border tariff on products made by fossil fuel-heavy manufacturers overseas (similar to the European Union’s new Carbon Border Adjustment Mechanism) to protect increasingly clean U.S. industries and incentivize overseas companies to clean up their act if they want to sell to the American market.

“Alone, any of these policies is worth pursuing. Together, they would turbocharge the U.S. manufacturing renaissance already underway, creating many thousands of high-quality jobs, securing domestic supply chains, and cutting the climate pollution that is warming the planet. They would also slash conventional pollution from industry, which kills 8,000 to 14,000 Americans every year. Policymakers of both parties should seize this opportunity to invest in our country’s future and lead the world in the clean industries of the 21^st century.”

-Five smart policies can turbocharge clean US manufacturing.

You can help show Congress that their constituents care about these policy proposals, and encourage them to read the full article. It’s available at canarymedia.com/articles/clean-industry/five-smart-policies-can-turbocharge-clean-us-manufacturing.

Tell your Senators and Representative to read the proposed five new policies to turbocharge U.S. clean manufacturing!