Displaying items by tag: alternative energy

A hopper car on a train filled with coal to be delivered to a TVA coal-fired plant. John Partipilo/Tennessee Lookout

Climate bill designates TVA as a potential recipient of clean energy investments and loans

This story was originally published by Tennessee Lookout.

KNOXVILLE — Clean-energy advocates are urging the Tennessee Valley Authority to use funds provided through the Inflation Reduction Act to deliver environmentally friendly energy to Tennessee customers. 

The massive bill Congress passed Friday includes $370 billion for clean energy investments and listed TVA as an entity that is eligible to take advantage of clean energy credits and loans to significantly reduce the cost of energy-efficient infrastructure. 

On Aug. 12, the Clean Up TVA Coalition, including the Sierra Club, the Southern Alliance for Clean Energy and Appalachian Voices, urged TVA to take advantage of the legislation and make funds available to its affiliated local power companies, which can then offer energy-efficient options for customers.

A rainbow pierces gray skies during the 2021 United Nations Climate Change Conference in Glasgow. United Nations

Climate activists stress positives of Senate climate bill despite its shortcomings 

Amy Rawe is communications director for Knoxville-based Southern Alliance for Clean Energy.

KNOXVILLE — The U.S. Senate passed the Inflation Reduction Act (IRA), an estimated $430 billion bill, of which approximately $370 billion will be allocated to investments in clean energy and to address climate change.

It’s the single largest climate investment in U.S. history, and if it passes the House, will put the country on a path to be able to achieve roughly 40 percent emissions reduction from 2005 levels by 2030, reestablishing our influence in meeting the Paris Agreement goal of limiting global warming to 1.5 degrees Celsius.