President Donald Trump on Wednesday announced a proposal to weaken vehicle mileage rules for the auto industry, loosening regulatory pressure on automakers to control pollution from gasoline-powered cars and trucks. The plan, if finalized next year, would significantly reduce fuel economy requirements, which set rules on how far new vehicles need to travel on a gallon of...
Vulcan Energy Resources will proceed with its lithium and renewable energy project in Germany after securing a finance package to fund the initial phase of development. The company said Wednesday that it has secured a 2.2 billion-euro ($2.56 billion) package from government agencies and banks for the construction of phase 1 of the Lionheart project in...
The European Union has adopted a regulation making legally binding the progressive elimination of all Russian gas imports—both via pipeline and liquefied natural gas (LNG)—with deadlines staggered between 2026 and autumn 2027. This decision turns a political objective into a structured legal framework, introducing a permit system, financial sanctions and expanded contractual oversight. A sectoral...
An acute global shortage of memory chips is forcing artificial intelligence and consumer-electronics companies to fight for dwindling supplies, as prices soar for the unglamorous but essential components that allow devices to store data. Japanese electronics stores have begun limiting how many hard-disk drives shoppers can buy. Chinese smartphone makers are warning of price increases. Tech giants,...
Asia’s imports of liquefied natural gas flatlined in November, putting the top-buying region of the super-chilled fuel on track to record its first annual decline in three years. Much of the blame for the soft outcome can be laid at the door of China, which may lose its status as the world’s top LNG importer...
The U.S. Department of Energy today renamed the National Renewable Energy Laboratory (NREL) the National Laboratory of the Rockies. The renaming is effective immediately and will be reflected in all public communications and official correspondence. “The energy crisis we face today is unlike the crisis that gave rise to NREL,” said Assistant Secretary of Energy...
The final module of the passive water tank has been installed within the reactor building of unit 4 at the Xudabao nuclear power plant in China’s Liaoning Province, China National Nuclear Corporation announced. In the event of leakage in the primary circuit, the passive heat removal system assures the transition of steam generators to operation...
The residents came in camouflage hats and red shirts signaling unity, more than 300 of them packing into a rural Pennsylvania planning commission meeting to protest a proposed data center they feared would carve up their farmland and upend the quiet rhythms of their valley. Most were loyal supporters of President Donald Trump, who carried their...
Sharp swings in financial markets have left investors reeling in recent weeks, as questions about a potential artificial intelligence (AI) bubble collide with uncertainty surrounding the Federal Reserve’s next interest rate decision. The AI trade has been booming for nearly three years since the release of ChatGPT, but some are beginning to wonder how long this can last before shareholders get antsy for returns on firms’ massive multibillion-dollar investments. Read more in The Hill here.
Starlight Engine (SLE) and Kyoto Fusioneering (KF) have completed the conceptual design for Japan’s privately-led FAST (Fusion by Advanced Superconducting Tokamak) power demonstration plant, reaching the project’s first major milestone one year after its launch in November 2024. The partners have released a Conceptual Design Report (CDR) that sets out FAST’s objectives, required performance, system configuration, feasibility,...
Help us promote free market solutions for climate change.
Thank you for signing up