The Trump administration’s threat to cut nearly $8 billion in clean energy funding across a swath of states that voted against President Donald Trump in the 2024 elections set off a chorus of criticism from Democrats accusing the administration of abusing its power. White House budget chief Russ Vought’s social media post on X on Wednesday...
Five years after Indian Point started shutting down, the company charged with dismantling the nuclear plant says it could still be restarted — at an estimated cost of $10 billion. “I’m getting so many people asking me from New York if this is possible,” said Holtec International President Kelly Trice. “The answer is yes.” Reviving...
Battle lines are emerging on Capitol Hill in the fight to avert a government shutdown in three weeks — and it’s not just Republicans vs. Democrats. On one side, fiscal hawks are joining with the White House to keep federal agencies running on static funding levels, ideally into January or longer. On the other, Democrats...
Republicans spent four years railing against former President Joe Biden’s use of Washington’s money and regulatory heft to promote wind farms, solar panels and electric cars. Now President Donald Trump is wielding the same mighty federal arsenal on behalf of oil, natural gas, coal and nuclear power — and his party is cheering along. The...
The biggest winner from AI — at least aside from the tech industry — might surprise you. Of all the industries jockeying to capitalize on the rise in artificial intelligence, the electric power sector is practically salivating. AI is power-hungry and its tech boosters are ready to spend. But it may not be so easy...
Sens. Chuck Grassley (R-Iowa) and John Curtis (R-Utah) have placed holds on three of President Donald Trump’s nominees to the Treasury Department, a significant escalation of the battle between key Republican lawmakers and the administration over renewable energy tax breaks in the sprawling megalaw. The actions follow a so-far unsuccessful effort by a handful of Senate Republicans to meet with Treasury...
Read the article in Politico here.
EU Climate Commissioner Wopke Hoekstra is considering options to soften the bloc’s 2040 climate goal as he tries to contain a backlash against Europe’s climate ambitions. The European Commission, the EU’s executive, is expected to propose legislation in the coming weeks to adopt a previously announced target to cut 90 percent of greenhouse gas pollution...
The European Commission published its long-term “vision”for the European Union’s agriculture and food policy on Wednesday, setting out ambitions for a sector that has been at the center of political protests, trade tensions and regulatory headaches. Agriculture Commissioner Christophe Hansen’s paper lays out a roadmap through 2040, promising better conditions for farmers, fairer supply chains, and...
Europe’s Baltic nations have cut themselves off from the Russian electricity grid for the first time in history, ending a precarious, decades-long energy partnership with Moscow. Lithuania, Latvia and Estonia will connect to the EU’s power system on Sunday, roughly 20 years after joining the bloc and cementing a westward trajectory. The Soviet-designed network will still...
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