German Economy Minister Katherina Reiche on Monday unveiled a 6 billion euro ($7 billion) funding initiative aimed at industrial decarbonisation, incorporating carbon capture and storage (CCS) technology into the country’s climate protection contracts for the first time. The program targets energy-intensive sectors such as chemicals, steel, cement and glass, as Germany navigates stringent climate targets...
A federal judge in Louisiana has ruled that the Biden administration went too far when it moved to indefinitely block new drilling off large portions of the U.S. coastline. The Trump administration has since moved to lift the Biden-era order that blocked drilling in the 625 million acre area, so the ruling may not have immediate impacts on those waters. Read...
Plans to keep America’s national parks open amid the government shutdown face challenges as the National Park Service (NPS) furloughs more than 60 percent of its staff. The Trump administration announced its contingency plans for the parks Tuesday night, just hours before the federal government officially shut down. It determined that “park roads, lookouts, trails, and open-air...
Donald Trump’s administration is taking a 5 percent equity ownership of mining company Lithium Americas, on top of another 5 percent stake in the company’s joint mining project with GM in Nevada, the Department of Energy announced yesterday. The mine at Thacker Passis expected to become the largest producer of lithium in the Western Hemisphere once it opens...
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...
The Trump administration is eyeing looser restrictions on pollution and public lands as part of its effort to bolster the U.S. coal industry. The Environmental Protection Agency (EPA) is proposing to delay by five years Biden-era standards that restrict power plants’ ability to release pollution into waterways. Read more in The Hill here.
In recent years, conservatives have proudly championed “all of the above” energy as the most practical path for meeting energy demand, strengthening reliability, and lowering emissions. Yet, during a House hearing regarding recent actions by the Department of Energy, “all of the above” seemed to morph into “best of the above.” Of course, we shouldn’t support every...
Goldman Sachs expects OPEC+ to raise oil production quotas by 140,000 barrels per day for November, it said on Tuesday, ahead of the group’s meeting on Sunday. It said, however, a larger production hike was also plausible, citing factors including an only modest increase in OECD commercial stocks in Europe and Asia. Total inventories remain...
Throughout the first nine months of the Trump Administration, “energy dominance” has been the agenda. To win the artificial intelligence (AI) race, ensure energy reliability for Americans, and beat China on the world stage, we need more energy – period. But we can’t do it without America’s young people. Fortunately, it’s a dynamic time to get...
President Donald Trump rightly understands that rebuilding American manufacturing requires transformational change on multiple levels. His focus on U.S. energy dominance, which Alaska’s abundant natural resources can support, will keep costs low for businesses and families alike. But rebuilding American manufacturing also requires the United States to develop its own sources of raw materials—and Alaska can help on...
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