In a historic 2024 election that returned Donald Trump to the White House, Americans decisively voiced their preference for a positive, people-first energy agenda prioritizing security, reliability, and affordability. Voting with their ballots and wallets, Americans rejected the left’s depressingly pessimistic and costly energy deprivation agenda that prioritizes carbon emissions over their wellbeing. In an...
Climate change is a top priority on the global agenda and is impacting the way all industries operate and are regulated or governed. The 2016 Paris Agreement set out to limit temperature increases to “1.5 °C above pre-industrial levels”, with an end goal of restricting the increase in the global average temperature to “well below...
Houston-based private equity firm Pelican Energy Partners has raised a $450 million fund to invest in nuclear energy services and equipment companies. Pelican had aimed to raise $300 million for Pelican Energy Partners Base Zero LP and had imposed an initial “hard cap” of $400 million. Investors include endowments, foundations, family offices, and pension plans....
Project InnerSpace has launched GeoMap™ India, highlighting the enormous potential for untapped geothermal energy to become a crucial part of India’s clean energy mix as it seeks to spur economic growth and development by increasing energy supply. GeoMap™ is a pioneering geothermal exploration tool focused on expanding the adoption of clean, always-on geothermal energy worldwide by bringing together millions...
Donald Trump won a decisive victory last week and will reoccupy the Oval Office in January. Polls suggest that dissatisfaction with the economy was one of the main reasons for his comeback and experts attribute the better economy during his first term to his tax cuts and deregulation (more than his immigration and trade policies). While Trump made fewer campaign promises...
Oil and gas major Shell (SHEL.L) on Tuesday won an appeal against a landmark ruling that required it to accelerate carbon reduction efforts, dealing a blow to campaigners who have turned to legal channels to pursue climate action. The appeals court in The Hague said Shell had a responsibility to reduce greenhouse gas emissions to protect people from global warming....
President-elect Trump has made it clear that reducing the national debt will be a top priority for his administration. Adding to this focus, Elon Musk has thrown his weight behind the proposed Department of Government Efficiency, or DOGE, a bold initiative aimed at scrutinizing government spending and revenues. The offshore sector, encompassing oil, gas, wind, and...
The Federal Energy Regulatory Commission (FERC) recently rejected a request to increase power generation for a data center located next to a nuclear power plant in Pennsylvania. The U.S. will need to rapidly scale up power generation to meet future demand from AI and large data centers. This decision shows how challenging this task will be. In...
Saudi Arabia aims to diversify its economy and lower its emissions, which has led the nation to explore hydrogen as a solution. The Public Investment Fund of Saudi Arabia will invest $10 billion in the production of green hydrogen. This venture, named Energy Solutions Company, will also receive funding from Saudi Aramco, Gulf News reported. While the...
Rice University researchers have developed an electrochemical reactor that has the potential to drastically reduce energy consumption for direct air capture, the removal of carbon dioxide directly from the atmosphere. The new reactor design could be a part of the solution to the pressing problem of emission impacts on the climate and biosphere by enabling...
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