But 2025 is different. Utilities sought $29 billion in rate hikes so far this year—nearly double the 2024 pace—and average prices rose at about twice the rate of inflation in the first half of the year. Inflation accounts for a big part of the story, but not all of it.
White House officials speculated Monday the 20-day federal shutdown could end this week with over 700,000 U.S. government workers currently furloughed. U.S. President Donald Trump‘s top economic adviser, Kevin Hassett, predicted the government shutdown was “likely to end sometime this week” as it enteredits third week. Hassett added the administration could impose “stronger measures” if Democrats don’t...
U.S. Secretary of Energy Chris Wright today announced the Department of Energy’s (DOE) Loan Programs Office (LPO) closed a loan guarantee to strengthen grid reliability and ensure lower electricity costs across the midwestern region of the United States. In accordance with President Trump’s Executive Order, Strengthening the Reliability and Security of the United States Electric Grid,...
Energy price politics is not a new game in Washington. Typically, politicians blame the opposing side for higher gas prices. These days, higher prices are at the meter as electricity rates have more than doubled the inflation rate over the past year.
U.S. officials in the coming days are set to hold the government’s biggest coal sales in more than a decade, offering 600 million tons from publicly owned reserves next to strip mines in Montana and Wyoming. The sales are a signature piece of President Donald Trump’s ambitions for companies to dig more coal from federal lands and burn it for...
A federal judge in Louisiana has ruled that the Biden administration went too far when it moved to indefinitely block new drilling off large portions of the U.S. coastline. The Trump administration has since moved to lift the Biden-era order that blocked drilling in the 625 million acre area, so the ruling may not have immediate impacts on those waters. Read...
The Trump administration’s threat to cut nearly $8 billion in clean energy funding across a swath of states that voted against President Donald Trump in the 2024 elections set off a chorus of criticism from Democrats accusing the administration of abusing its power. White House budget chief Russ Vought’s social media post on X on Wednesday...
The Trump administration is eyeing looser restrictions on pollution and public lands as part of its effort to bolster the U.S. coal industry. The Environmental Protection Agency (EPA) is proposing to delay by five years Biden-era standards that restrict power plants’ ability to release pollution into waterways. Read more in The Hill here.
Executive Order 14300 explicitly calls for a re-evaluation of the Linear No-Threshold (LNT) model and the As Low As Reasonably Achievable principle (ALARA). These two frameworks have guided nuclear regulation for decades. While these models may have been defensible when first adopted, they have hardened into regulatory doctrines that no longer align with the best available science, economic realities, or the nation’s strategic energy goals.
A group representing nearly all major automakers asked the Trump administration Tuesday to roll back aggressive vehicle emissions limits that seek to force the industry to build a rising number of electric vehicles. The Alliance for Automotive Innovation, which represents General Motors (GM.N), Toyota Motor (7203.T), Volkswagen (VOWG.DE),, Hyundai (005380.KS), and other major automakers, said in a filing with the...
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