Getting climate, energy & environment news right.

Discounting and the Ethics of Climate Policy
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Discounting and the Ethics of Climate Policy

Last year, in one of his first actions on inauguration day, President Donald Trump signed an executive order directing federal agencies to stop using the social cost of carbon (SCC) when weighing the costs and benefits of regulations. The decision prompted predictable outrage from many environmental activists, climate scientists, and economists, who argued that abandoning the SCC would strip climate regulations of their scientific grounding. 

AI can lower energy bills with data centers that power themselves 
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AI can lower energy bills with data centers that power themselves 

Artificial intelligence may be the future, but the public isn’t convinced it’s the future they want.

Even as companies, investors, and the federal government invest heavily in this transformative technology, the American people remain skeptical. A third of Americans are concerned about AI, nearly half think AI will cause “significant job losses,” and less than half think the government will regulate AI well.

Report: Illinois is 5 years away from an energy shortage, higher bills
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Report: Illinois is 5 years away from an energy shortage, higher bills

A new report says Illinois is facing an energy shortage within the next five years, as artificial intelligence datacenters demand more electricity, which could lead to higher utility bills for state residents. The 2025 Resource Adequacy Study from the Illinois Power Agency, the Illinois Commerce Commission, and the Illinois Environmental Protection Agency evaluated whether the state’s power...

Energy secretary predicts that electricity prices will stop rising ‘very soon’
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Energy secretary predicts that electricity prices will stop rising ‘very soon’

Energy Secretary Chris Wright expressed optimism that electricity prices will eventually come down. “Very soon, you’ll see a stop of the rise of electricity prices. And with the continuation of [the Trump administration’s] policies of energy addition, you will see declines in electricity prices later this term,” Wright told host Jacqui Heinrich on “Fox News...

Bezos Earth Fund boosts marine conservation with $24.5 million
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Bezos Earth Fund boosts marine conservation with $24.5 million

The world’s biggest climate philanthropy has given $24.5 million to protect coastal ecosystems as part of a plan to create the planet’s first cross-border marine biosphere reserve, its head of nature told Reuters. The four grants from the Bezos Earth Fund are intended to help local communities and organisations protect key marine areas in Costa...

Stocks whipsaw as AI bubble fears, Fed uncertainty rattle Wall Street
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Stocks whipsaw as AI bubble fears, Fed uncertainty rattle Wall Street

Sharp swings in financial markets have left investors reeling in recent weeks, as questions about a potential artificial intelligence (AI) bubble collide with uncertainty surrounding the Federal Reserve’s next interest rate decision.  The AI trade has been booming for nearly three years since the release of ChatGPT, but some are beginning to wonder how long this can last before shareholders get antsy for returns on firms’ massive multibillion-dollar investments.  Read more in The Hill here.

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