Two months after the Trump administration canceled two large offshore wind energy leases, the US Department of the Interior (DOI) announced a settlement with Duke Energy. The agreement, announced Monday by Interior Secretary Doug Burgum, allows Duke Energy, the state’s largest electrical producer and provider, to voluntarily terminate its federal offshore wind lease for its Carolina Long Bay project. The Carolina Long Bay project was planned around 22 miles...
Extreme heat is putting increasing pressure on Europe’s electricity grids as rising temperatures increase the need for air conditioning in homes, offices and businesses, driving up electricity demand, tightening power markets and, in some cases, reducing electricity supply. Although air-conditioning remains far less common in Europe than in many other parts of the world, ownership...
Farmers today are producing food under pressures that would have been unimaginable to previous generations. Input costs are rising and supply chains are unreliable. Water is scarcer. Weather is less predictable. And for a growing number of farmers — in Sudan, in Ukraine, in Myanmar, in Gaza — the challenge is producing food at all,...
The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) issued a conditional loan commitment to finance the purchase of long-lead time items needed to rebuild America’s commercial nuclear supply chain. The $17.5 billion American Nuclear Supply Chain Loans will help finance five eligible projects sponsored by utilities and energy companies nationwide to...
Nothing has been decided yet. That is worth saying plainly, because the Bureau of Ocean Energy Management (BOEM) Request for Information and Interest (RFI) published June 23 is an early-stage process step, not a lease award or even a decision to hold a lease sale. But it opens the door to something that has no precedent in...
France’s development minister issued an eleventh-hour plea to the World Bank on Thursday, urging it to resist pressure from its largest shareholder, the United States, and stick with a climate finance target due to lapse at the end of the month. U.S. President Donald Trump’s administration has demanded the World Bank abandon a target to devote 45%...
The Trump administration is proposing to relax rules to make it easier for companies to drill for oil and gas on public lands. The Interior Department, which oversees federal lands, said that it would propose to loosen two Biden-era regulations that sought to rein in planet-warming methane and ensure that energy companies are on the...
Federal regulators on Thursday took steps aimed at both speeding up the buildout of AI data centers and reducing costs. The Federal Energy Regulatory Commission (FERC) directed regional electric grid operators to reform various processes related to the connection of these and other large sources of power demand to the grid. “We are charting new...
America’s farm economy is facing significant challenges. Agriculture depends on certainty, predictability, access to capital and policies that reflect the realities producers face every day. That’s why the agriculture provisions in the Working Families Tax Cuts package were so important. Congress recognized what farmers and ranchers have been saying for years: we need more farm...
The biggest ever U.S. clean energy infrastructure project, an $11 billion wind farm and transmission line in New Mexico, is fully operational after nearly two decades of permitting and construction, owner Pattern Energy Group said on Thursday. SunZia is a 3,650-megawatt wind farm and 550-mile (885-km) transmission line that will carry power from central New...
Thank you for signing up
Help us promote free market solutions for climate change.