After his electoral victory, President Donald J. Trump announced the formation of a “National Energy Council” that will coordinate energy and environment-related activities within the administration—though the specifics of when this may arrive and in what form are still unknown. This prompts two thoughts: First, this is going to make for very confusing acronyms since the...
Unsurprisingly, the news that China’s DeepSeek AI had leapfrogged competitors triggered an investor sell-off. It dragged down Nvidia, the American chipmaker powering the AI revolution, as well as related tech stocks, from Micron and Advanced Micro Devices to manufacturing juggernaut TSMC. There is, after all, some wisdom in worrying that we don’t know who the ultimate...
At home, lower energy prices—particularly at the pump—are central to Trump’s strategy for reducing consumer inflation and stimulating economic growth. The President has set an ambitious goal of reducing retail gasoline prices to below $2 per gallon, a significant drop from the current national average, according to the U.S. Energy Information Administration (EIA).
The Senate confirmed former North Dakota Gov. Doug Burgum as Interior secretary Thursday in a 79-18 vote, with the majority of Senate Democrats joining every Republican in the chamber. Burgum, a one-time candidate for the 2024 GOP presidential nomination-turned-visible Trump campaign surrogate, has been among the president’s least controversial nominees. He advanced out of the Senate Energy...
Is uranium a critical mineral? Not according to the U.S. Geological Survey (USGS), which dropped it from its critical minerals list in 2022 on the grounds it didn’t qualify because it was a “fuel mineral.” U.S. President Donald Trump wants it to think again. One of Trump’s many “Unleashing American Energy” directives requires the Secretary of the Interior...
It’s impossible to know the devastation of a wildfire until you’ve lived it. Headlines and news clips provide a glimpse, but they cannot replicate the feeling of smoke in your lungs, seeing flames race towards you, or feeling the char and ash of destruction left in its wake. This year is already off to a...
US cleantech projects are being delayed and restructured since climate critic Donald Trump’s election in November. But advisors warn that examples of foreign-owned cleantech projects being halted in recent months do not foreshadow an end to the sector’s momentum under the new government. On January 22, two days after the president signed executive orders targeting cleantech...
Though progress has been made, multiple fires continue to burn throughout Los Angeles, with at least 5,000 structures destroyed or damaged and an estimated $57 billion worth of losses. Families have lost their homes, and mom-and-pop businesses have been destroyed. This wasn’t supposed to happen to urban areas.
The decommissioned Duane Arnold nuclear plant in eastern Iowa is inching closer to a restart as NextEra Energy has asked for a licensing change for the facility. A representative for the renewable energy company confirmed to Bloomberg that it filed a request with federal regulators from the Nuclear Regulatory Commission on Thursday, marking the first step toward bringing the plant back online. In an...
President Trump has wasted no time putting his imprint on American energy policy. Within hours of his swearing in, he signed a dizzying array of relevant executive orders, including one titled “Unleashing American Energy.” While most of the attention has revolved around the president’s focus on producing more domestic oil and gas — “liquid gold,” as he...
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