The tax cuts adopted during the first Trump administration as part of the 2017 Tax Cuts and Jobs Act are set to expire by the end of next year, putting extra pressure on the next Congress to adopt another tax reform. Republicans will likely try to extend those cuts as part of a budget reconciliation bill,...
The Department of the Interior has set the stage for a controversial land trade that would allow a road to be built through Alaska’s Izembek National Wildlife Refuge. In a draft environmental impact statement released on Thursday, the department’s U.S. Fish and Wildlife Service recommended a multi-part swap of land between the federal government and a for-profit...
For years, U.S. officials have complained about Chinese companies ripping off American technology to build their own industries, a practice known as “technology transfer.” In industries like autos, Beijing required U.S. companies set up joint ventures with Chinese firms, which helped jump-start China’s domestic auto industry. Now, there’s evidence that the transfer is going in the opposite...
Political uncertainty over the past few months has hindered U.S. leadership in the global hydrogen sector. The Biden administration struggled to formalize a long-term clean hydrogen policy, posing risks to the country’s energy security. Following the recent election results and upcoming change of administration, there is now an opportunity to accelerate the adoption of clean...
Increasingly, datacenter operators are putting their faith in the promise of miniaturized nuclear power plants – better known as small modular reactors (SMRs) – to fuel their ever-growing energy demands. Sam Altman-backed SMR startup Oklo says it’s obtained letters of intent from two major – but unnamed – datacenter providers to deliver up to 750 megawatts of...
Exxon Mobil Chair and CEO Darren Woods urged the incoming Trump administration to avoid making turbulent climate policy swings — and he pushed the president-elect to reject carbon border taxes favored by some GOP lawmakers. In an interview with POLITICO, Woods signaled that one of the most powerful players in the energy industry might serve...
While the election is now behind us, the future of the long-awaited Farm Bill remains in question. Farmers and ranchers have been waiting for the reauthorization of the bill for more than a year, since the last bill expired in September 2023. While there is a ready, bipartisan-supported version released by House Agriculture Committee Chair GT Thompson, it remains...
The D.C. Circuit Court of Appeals dropped a bombshell this week that could reshape how federal agencies implement environmental laws. In Marin Audubon Society v. FAA, the court ruled that the White House Council on Environmental Quality (CEQ) lacks authority to issue binding regulations implementing the National Environmental Policy Act (NEPA). While some are celebrating this as a...
The Biden administration on Tuesday released a roadmap for plans to triple U.S. nuclear capacity by the middle of the century. The plan sets a goal of 200 gigawatts of new capacity by 2050, more than three times the 2020 capacity. This will require the development of multiple new power sources, including large and small modular plants,...
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...
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