Highlighted Article: 2022 Energy Predictions: Coal Decline Accelerates, Federal Funds Spur Clean Energy, Millions Of New Electric Vehicles And Chargers
- Posted On:
- Feb 5, 2022 at 7:00 AM
- Category
- Energy Policy, Climate Change
From: Forbes
By: Silvio Marcacci
Date: January 10, 2022
"2021 was a landmark year for clean energy and climate policy, from dozens of nations pledging to phase out coal, to the most ambitious federal climate proposals in United States history, to automakers going all in on electrified transportation.
Many of these developments were forecast by policy experts who thought Democratic control of the White House and Congress, fast-falling clean energy and electrified technology prices, and the undeniable need to confront climate change by cutting emissions portended a groundswell of action.
But the outlook for 2022 is not as clear. Will China commit to phasing out new domestic coal plants? Will the U.S. Senate finally pass the Build Back Better Act (BBBA) and unlock hundreds of billions in investment? How will billions in electric vehicle (EV) and grid investments from the Infrastructure Investment and Jobs Act (IIJA) be allocated? And will growing consumer demand for clean energy drive new renewable energy, EV, and electrified appliance sales?
Five leading policy experts shared their predictions for the year ahead including coal’s accelerating decline, federal investments energizing clean energy adoption and grid expansion, and millions of EVs hitting U.S. roads to help EV chargers become a new investment class." (continue reading)