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…Competition EXIM’s current limitations prevent the U.S. from fully competing in energy and manufacturing, putting American exporters at risk of falling behind in crucial sectors. There are four key opportunities to strengthen EXIM’s capabilities and, therefore, bolster U.S. clean energy leadership, create domestic jobs and enhance energy security for partners. 1. Create a National Interest Account: The China & Transformational…

…Models call for 3 and 17 times MORE wind deployment to reach net-zero; Wind and transmission projects are facing opposition models don’t account for; Almost half of candidate project areas in Iowa for example are ruled out by local ordinances; and Regulatory reform and technology inclusivity are essential. What’s clear: America needs a wide portfolio of clean energy technologies to…

…for additional key energy technologies and their materials sourcing requirements. Unleash American resource development Energy intensive industries operate on very low margins and often face unfair international competition. We can’t afford to disadvantage American industry by saddling it with overly complex permitting processes and compliance requirements, nor should we neglect some of our most practical clean energy resources such as…

…plant in Burns Harbor, Indiana. Another project is aiming to capture 2 million tonnes of CO2 annually from a cement kiln and a natural gas-fired steam generator at Lafarge Holcim’s cement production site in Florence, Colorado. Finally, a company based in Danbury, Connecticut is also completing an initial engineering design study for Linde-BASF to capture CO2 at a commercial hydrogen…

…establishes a strong precedent for potential future credits and programs. Under 45Q’s enabling legislation, Congress made credits only available to carbon utilization projects that had a ‘commercial market.’ The IRS adopted a broad definition of commercial markets instead of providing an exhaustive list of specific products, markets, and services, which will enable new technologies to qualify as markets develop and…

…to future-proof American energy. Carbon dioxide removal (CDR) is an important component of America’s clean energy portfolio and refers to a suite of technologies that remove excess carbon dioxide from the atmosphere. CDR is needed to help us reduce global emissions while maintaining U.S. leadership in affordable, reliable, and exportable energy. Thanks to basic research in CDR innovation, widespread American…

…company, Remora, is looking to tackle these emissions, specifically from trucking. Over 70% of our everyday products are on a truck before we get them. While essential for our economy, semi-trucks are difficult to decarbonize. Many companies are looking to electrify their fleets, but this option can pose quite a few problems: batteries weigh significantly more than diesel components, which…

…and security. A strong U.S. industrial sector is essential to ensuring new technologies invented in the U.S. can be manufactured domestically, rather than in China, which would result in more jobs and fewer carbon dioxide emissions. Manufacturers employ more than 12 million Americans and account for about one-third of U.S. energy consumption. Those impressive numbers mean the U.S. Department of…

…Cornyn (R-TX) and Chris Coon (D-DE) recently introduced legislation (S.3005 – Enhancing American Competitiveness Act of 2023) proposing a fix. 3. Contingent Liability Cap – The DFC has the authority to maintain up to a $60 billion project portfolio from the U.S. Treasury. In comparison to the capital expenditure needed for large-scale infrastructure projects, including clean energy, $60 billion in total…

…million grant from DOE, Terrapower is developing the molten chloride reactor with Southern Company, aiming for a 2030 demo reactor.30 In a prime example also of direct partnering with a U.S. company and technology, China completed a joint venture agreement with Terrapower to develop a world-first travelling wave nuclear reactor, which is a different technology from the molten chloride reactor…