By Matthew Choi
WELCOME TO THURSDAY! I’m your host, Matthew Choi. Congrats to API’s Howard Feldman for knowing Reginald Punnett created the Punnett square. For today’s trivia: What two states joined the U.S. during the Civil War? Send your tips and trivia answers to firstname.lastname@example.org. Find me on Twitter @matthewchoi2018.
Check out the POLITICO Energy podcast — all the energy and environmental politics and policy news you need to start your day, in just five minutes. Listen and subscribe for free at politico.com/energy-podcast. On today’s episode: The utility industry’s BBB clean energy pitch.
BBB’s clean energy tax credits could have benefits 3 to 4 times their costs, according to a new analysis by the University of Chicago and Rhodium Group. That return on investment lends considerable ballast to environmentalists’ argument that doing nothing would be far more expensive than working to avert climate change.
“Cumulatively, the benefits from the policies range from $335 billion to $1.8 trillion, while the costs range from $130 billion to $309 billion,” the report said. That’s only accounting for the costs of carbon emissions and doesn’t include other environmental benefits. Read the full report here.