Developers of green hydrogen have scaled back investments and scrapped projects globally as elevated production costs and weak demand for the low-carbon fuel have made many ventures unviable. Here are some projects that have been cancelled, postponed or scaled back. Read more in Reuters here!
President Trump said on Sunday that the U.S. reached a trade agreement with the European Union that would impose a 15% tariff rate on its goods. Why it matters: Europe is the latest major partner to accept significantly higher tariffs to stave off worsening trade fights with Trump. Details: Trump announced the deal alongside European Commission President Ursula von der...
Federal regulators on Friday rejected calls by the Midcontinent Independent System Operator and its transmission owners that the grid operator’s independent market monitor be effectively barred from transmission planning oversight. MISO’s tariff “unambiguously” authorizes MISO’s market monitor to review and analyze actions that affect the competitiveness, economic efficiency and operation of the grid operator’s markets...
Westinghouse plans to build 10 large nuclear reactors in the U.S. with construction to begin by 2030, interim CEO Dan Sumner told President Donald Trump at a roundtable in Pittsburgh on Tuesday. Westinghouse’s big AP1000 reactor generates enough electricity to power more than 750,000 homes, according to the company. Building 10 of these reactors would drive $75 billion of...
Louisiana Governor Jeff Landry signed into law late last month a bill defining “green energy” as “… any energy generated by utilizing … hydrocarbons which, when combusted for the purpose of electricity generation meet the National Ambient Air Quality Standards set by the United States Environmental Protection Agency under the authority of the Clean Air Act, and...
Read the full article and a summary of all tax-related OBBB provisions in Forbes here.
When Cyclone Freddy swept through southern Africa in 2023, the physical destruction and loss of life weren’t the only things communities endured. For many, the hardship persisted long after the storm had passed, while communities waited for help to arrive.
Approximately 14.6 million travelers from other countries visit America’s national parks annually. Now, the U.S. Department of the Interior is proposing a surcharge so that these visitors pay a little extra for park entrance fees.
Shares of US solar companies fell sharply after Senate Republicans released a bill that would end clean energy tax credits earlier than expected, dashing hopes that major cuts passed by the House wouldn’t stick. Sunrun Inc., the largest US rooftop panel installer, plunged as much as 38%. SolarEdge Technologies Inc. fell 31%. Enphase Energy Incslid 21%. The new...
Global automakers are sounding the alarm on an impending shortage of rare earth magnets as China’s restrictions on the material vital for the automotive, defence and clean energy industries threaten production delays around the world. German automakers became the latest to warn that China’s export restrictions threaten to shut down production and rattle their local economies,...
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