Power prices are expected to soar under new tax cut and spending law
In states without policies to drive renewable energy, power prices could surge as federal tax incentives for clean energy disappear, according to Energy Innovation, a think tank.
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Past Event
August 26, 2013
8:30 am - 9:30 am
On Monday, August 26, the Center on Global Energy Policy (PDF) welcomed Dr. Ernest J. Moniz to deliver his first major policy address in New York City since being sworn in as the 13th U.S. Secretary of Energy on May 21, 2013.
Secretary Moniz spoke forcefully about the need to make urgent progress on climate change, and the role of the Energy Department in implementing the Obama Administration’s Climate Action Plan (PDF). He discussed the importance of improving the resilience of our energy infrastructure and electric grid, and continuing to drive down the cost and increase the deployment of clean energy technologies such as solar, wind and advanced batteries. Secretary Moniz also talked about the role that natural gas can play in our energy future, and the importance of ensuring safe and responsible production. Following the Secretary’s remarks, Center Director Jason Bordoff moderated a discussion with questions submitted from the audience.
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