DAILY ON ENERGY: • Democrats pressure Biden on solar tariffs probe • EPA issues E15 waiver • Build Back Better, redux
DEMOCRATS PRESSURE BIDEN ON SOLAR TARIFFS PROBE: Democratic senators are joining a mix of green energy industry groups and asking President Joe Biden to ensure a swift resolution to the Commerce Department’s circumvention investigation into solar imports from Asia — or else risk further hurting the viability of the growing industry.
The industry forthrightly frames the probe and potential for new tariffs in life-and-death terms for how much it could hike prices on cell and module imports, beyond disruptions they’re already facing. What the Biden team is saying: Commerce Secretary Gina Raimando, who was also on the Hill last week to talk over the department’s budget before the Senate Commerce Committee, showed sympathy for the industry’s interest in a quick resolution to the probe but said she can’t do much about it.
EPA ISSUES E15 WAIVER: The EPA issued its emergency waiver for E15 gasoline on Friday in a bid to lower gasoline prices. Speaking of corn: More E15 has pleased midwestern members of Congress, but frustrations persist over the administration’s retroactive amendment to the Renewable Fuel Standard’s ethanol blending obligations for 2020, which EPA lowered, citing the demand destruction wrought by COVID-19.
The plan is currently being drafted by the European Commission, with a finalized version expected as early as tomorrow. From there, it will be circulated to EU member states, whose leaders are slated to gather Wednesday to discuss the new measures. EU leaders are also weighing ways to soften the blow for Hungary and Slovakia, which remain deeply dependent on Russian oil. Those efforts include granting the two nations some form of exception or a longer period to transition to alternative suppliers—and their success in both countries is critical if the EU hopes to pass its embargo.
It’s unclear if assurances from EU leaders softened their stance: Since 27 EU member states must vote to approve the embargo, some leaders have sought to tamp down expectations on the timeline—cautioning that any draft embargo will likely require some finessing before it is ready for a final vote. BUILD BACK BETTER, REDUX: A small, bipartisan group of senators is slated to convene tonight to discuss a possible path forward on passing a climate and energy spending bill. The talks are a last-ditch effort to revive action on stalled legislation before both parties pivot to the midterm elections this fall. The group first met last week.
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