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,...
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...
In his first public statement as elected Majority Leader, Senator John Thune (R-SD) remarked that one of Congress and the Trump administration’s priorities would be to “restore American dominance” to “lower costs and bolster national security.” With the right policy and regulatory reforms, policymakers can supercharge an abundance agenda that lowers costs and improves the...
In October, The Property and Environment Research Center (PERC) published a report, Diversifying State Trust Land Revenue Through Conservation Uses, which examines the growing shift toward conservation-oriented management of state trust lands in the American West. These 40 million acres, granted to the states by the federal government to generate revenue for public schools and...
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...
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...
