Republicans are preparing to tear up America’s clean energy tax credits as part of their budget reconciliation megabill. Hollowing out those policies will have sweeping implications for the country’s energy system — it could set back solar, nuclear, and geothermal development; bring less electricity supply onto the grid; and devastate the country’s fledgling electric vehicle supply chain.

A new report — written by our own Jesse Jenkins — is all about the real-life consequences of killing the tax credits. On this week’s episode of Shift Key, Jesse shares the forthcoming analysis of the bill from Princeton University’s REPEAT Project. Rob and Jesse discuss what best-in-class modeling tells us the bill will mean for carbon emissions, the energy economy, the power grid, and consumer energy costs. Shift Key is hosted by Jesse Jenkins, a professor of energy systems engineering at Princeton University, and Robinson Meyer, Heatmap’s executive editor.

Mentioned:

New REPEAT Project report on the GOP reconciliation bill

How a House GOP Proposal Would Essentially Gut the IRA’s Biggest Tax Credits

Why it’s a problem for the clean energy tax credits to lose transferability

Why mortality can fall during recessions: clean air

The natural gas turbine crisis

Jesse’s upshift; Rob’s downshift.

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Music for Shift Key is by Adam Kromelow.

Hosted on Acast. See acast.com/privacy for more information.

The fight over the Inflation Reduction Act has arrived. After months of discussion, the Republican majority in the House is now beginning to write, review, and argue about its plans to transform the climate law’s energy tax provisions.

We wanted to record a show about how to follow that battle. But then — halfway through recording that episode — the Republican-controlled House Ways and Means Committee dropped the first draft of their proposal to gut the IRA, and we had to review it on-air.

We were joined by Luke Bassett, a former senior advisor for domestic climate policy at the U.S. Treasury Department, and a former senior staff member at the Senate Committee on Energy and Natural Resources. We chatted about the major steps in the reconciliation process, what to watch next, and what to look for in the new GOP draft. Shift Key is hosted by Jesse Jenkins, a professor of energy systems engineering at Princeton University, and Robinson Meyer, Heatmap’s executive editor.

Mentioned:

The House GOP Tax Proposal Would Effectively Kill The IRA

Permitting Reform Is Back — and Buried in Trump’s Tax Bill

The House Ways and Means Committee’s first attempt at rewriting the IRA and its energy tax provisions

(Note: At one point, Luke refers to a permitting reform proposal as coming from the Energy and Commerce Committee. It’s a product of the House Natural Resources Committee.)

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​Music for Shift Key is by Adam Kromelow.

Hosted on Acast. See acast.com/privacy for more information.

Last week, more than 50 million people across mainland Spain and Portugal suffered a blackout that lasted more than 10 hours and shuttered stores, halted trains, and dealt more than $1 billion in economic damage. At least eight deaths have been attributed to the power outage.

Almost immediately, some commentators blamed the blackout on the large share of renewables on the Iberian peninsula’s power grid. Are they right? How does the number of big, heavy, spinning objects on the grid affect grid operators’ ability to keep the lights on?

On this week’s episode of Shift Key, Jesse and Rob dive into what may have caused the Iberian blackout — as well as how grid operators manage supply and demand, voltage and frequency, and renewables and thermal resources, and operate the continent-spanning machine that is the power grid. Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap, and Jesse Jenkins, a professor of energy systems engineering at Princeton University.

Mentioned:

Spain’s Blackout Has Put in Motion a Debate Over Inertia

Spain Discloses New Power Grid Failure on Day of the Blackout

Shift Key: A Beginner’s Guide to the Interconnection Queue

Jesse’s upshift; Rob’s upshift.

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Music for Shift Key is by Adam Kromelow.

Hosted on Acast. See acast.com/privacy for more information.