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On Wednesday, July 14 at 12:30pm ET, Axios energy reporter Ben Geman unpacked alternative energy innovations and the impacts they'll make this year and beyond, featuring Sen. Ed Markey (D-Mass.) and American Clean Power Association CEO Heather Zichal.

Sen. Ed Markey unpacked his priorities with climate policy in the Senate, addressing clean energy, the current state of climate change, and a potential bipartisan deal to address these issues.

  • On his current top priorities regarding clean energy: “Number one is that we need a plan which dramatically reduces greenhouse gases across our country. Secondly, we have to have a plan which creates millions of new clean energy union jobs in our country. And thirdly, we have to make sure that we create jobs, but do so with environmental justice.”
  • On climate policy must-haves: “My perspective is that we have to do a bipartisan deal and the reconciliation bill at the same time. We have to be guaranteed that this time we put in place the policies that are necessary in order to once again make the United States the leader on all of these issues. The fires, the floods, the high temperatures all across our country make it very clear that we have a planet that is running a fever and there are no emergency rooms for planets. We have to act with the preventative care that we know we can put on President Biden's desk within the next couple of months.”

Heather Zichal dove into the American Clean Power Association’s ambitions as climate policy debates continue on Capitol Hill. She focused on the pandemic’s effect on clean power initiatives and zero carbon options in the coming years.

  • On the potential of offshore wind: “We believe we have a huge opportunity with the existing pipeline of projects now that the administration is moving on those pending applications. In addition to all the clean power the offshore wind industry can deploy, we're also going to be creating a whole series of new jobs and investment opportunities...We shouldn't be behind the EU. We shouldn't be behind China in terms of deploying offshore when we want to. We want to be the leader.”
  • On infrastructure talks coming to a head on Capitol Hill: “We're incredibly excited, this is truly a once in a generation opportunity to get more policies in place to support the deployment of clean energy. It's really exciting to see the holistic approach that Congress and the administration are taking...The fact that we've got Democrats and Republicans working together around transmission is really very important.”

Axios CEO & Co-founder Jim VandeHei hosted a View from the Top segment with GE Senior VP and CEO of GE Renewable Energy Jérôme Pécresse where they discussed promising renewable energy technology.

  • On the future of offshore wind in the US: “I think of offshore wind as one of the two big things ahead of the US energy system in the next five to 10 years. Offshore wind is a sector that now in the world is getting global. It is already very significant in Europe. In the US there has for some years been very large untapped potential along the Eastern Seaboard. There is the potential to get a lot of projects before 2026, another 10 gigawatts before the end of the decade, and probably close to a hundred gigawatt when you get to 2050...There is a very large potential for job creation.”

Thank you General Electric for sponsoring this event.

Go deeper

Updated Nov 6, 2021 - Energy & Environment

What to know about COP26 in Glasgow

Joe Biden speaks at COP26 on Nov. 1. Photo: Andy Buchanan - Pool/Getty Images

More than 100 world leaders — as well as thousands of diplomats and business leaders — converged on Glasgow, Scotland, on Oct. 31 to try to set new emissions reduction goals at the COP26 climate summit.

The latest: President Biden on Tuesday said that China made a "big mistake" by not showing up to the UN climate summit, adding that Beijing has "lost an ability to influence" other countries as a result.

Oct 21, 2021 - Economy & Business

Report: Climate change is an "emerging threat" to U.S. economic stability

A firefighter watches an airplane drop fire retardant ahead of the Alisal fire near Goleta, California, on Oct. 13. Photo: Luis Sinco/Los Angeles Times via Getty Images

A top U.S. financial coordinating organization took several steps on Thursday to manage the growing risks that climate change poses to the U.S. financial system.

Why it matters: While the Biden administration has been taking an all-of-government approach to climate change, like factoring climate risk into planning at the Treasury Department, today's moves by the politically independent Financial Stability Oversight Council (FSOC) carry significant weight.

Updated 25 mins ago - Technology

Pandemic gave cover to online dating scams

Illustration: Annelise Capossela/Axios

Crooked Casanovas used online dating scams to steal an estimated $500 million from lonely victims last year, according to a new analysis of government fraud data by Atlas VPN, an internet security provider.

Why it matters: The isolation of the lingering pandemic provided cover to fraudulent suitors who had an excuse for not meeting up in person even as they fleeced their would-be lovers out of gift cards, money — even cryptocurrency.