Pennsylvania Gov. Josh Shapiro's 'Lightning Plan' to Lower Energy Costs
Key Ideas
- Gov. Shapiro's budget proposal 'Lightning Plan' aims to cut energy costs, create jobs, and reduce electricity bills for families in Pennsylvania.
- The plan includes tax credits for new energy sources, sustainable aviation fuel, and manufacturing with clean hydrogen, as well as addressing carbon emissions.
- Shapiro also proposes a new board for permitting energy projects, community energy sharing, and updates to energy-related laws to promote renewable sources.
- Although facing criticism from Republicans, the plan offers potential reductions in both electric bills and planet-warming emissions for Pennsylvania households.
Pennsylvania Gov. Josh Shapiro recently introduced his budget proposal, the 'Lightning Plan,' focusing on lowering energy costs and enhancing energy development. The plan includes measures such as subsidizing and expediting energy development for renewables and fossil fuels while capping carbon emissions and assisting families with electricity bills. It proposes tax credits for companies adopting new energy sources and sustainable aviation fuel, as well as manufacturing with clean hydrogen. Additionally, a new board is suggested to accelerate siting and permitting decisions for energy projects, alongside promoting community energy sharing and updating energy laws to include more renewable sources. Despite criticism from Republican lawmakers, the plan offers potential benefits like reduced electric bills and decreased planet-warming emissions for Pennsylvania households.
Topics
Policy
Renewable Energy
Energy Development
Carbon Emissions
Legislation
Tax Credits
Budget Proposal
Community Energy
Cap-and-trade Program
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