What is the Inflation Reduction Act? Everything to know about one of Biden's big laws
By Emma Kaufman, USA Today, May 25, 2023
Most of us hear the words “Inflation Reduction Act” on televised news, on social media, or around the office. But what does it mean for us? Passed in 2022, the IRA covers a massive amount of ground, but contains key provisions focused on home energy costs, investments into clean energy, cutting carbon emissions, and more.
ConocoPhillips Makes FID on Willow in Alaska
By Rocky Teodoro, Rigzone, December 26, 2023
2023 brought massive investment from ConocoPhillips to develop the Willow Project in Alaska. When completed, Willow is estimated to produce approximately 600 million barrels across the lifetime of the project - supporting energy security and the energy expansion around the world.
Check out the "Top 10 Things to Know" about the Willow Project by ConocoPhillips.
Vogtle Unit 3 goes into operation
News provided by Georgia Power, PR Newswire, July 31, 2023
The anticipation was drawn out - but worth it, as Vogtle 3 came online in July of 2023 to start commercial operations. Located near Waynesboro, Georgia, the project’s completion marked the first time in 7 years that a new nuclear reactor began supplying power to the grid. Plant Vogtle 3 & 4 use the Westinghouse AP1000 design - a new and improved design that brings safer, more efficient operations.
Capturing Carbon at Industrial Facilities Leads to Billions of Dollars in Annual US Health Benefits
By Ben Finzel, Great Plains Institute, August 7, 2023
According to a study released by Great Plains Institute and Carbon Solutions, LLC, installing carbon capture technologies to reduce emissions from industrial and power facilities has the potential to result in billions of annual health benefits nationwide. Reducing nitrogen oxides, sulfur dioxide, and particulate matter can lead to positive health benefits such as “reductions in adult and infant mortality, asthma exacerbations, and overall costs of lowering risks of all health categories (Finzel, 2023).”
Read the entire report here: “Carbon Capture Co-benefits: Carbon Capture’s Role in Removing Pollutants and Reducing Health Impacts”
Chart: Global renewables deployments to hit record levels in 2023
By Eric Wesoff and Maria Virginia Olano, Canary Media, August 25, 2023
2023 was a monumental year for renewable energy deployment, thanks to the momentum of supportive policies, global energy security concerns, and rising fossil fuel prices. Driving much of the growth in deployment has been onshore wind capacity.
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