China dominates solar power supply chains, but the era of American energy dominance could change that. Recent domestic manufacturing investments in the solar industry have totaled more than $40 billion since 2022, further unleashing the industry’s potential here at home. Solar has firmly cemented itself as a key part of our all-of-the-above energy strategy and has steadily grown in...
Put another way, while productivity gains in the economy reduce emissions by letting us consume more with fewer inputs, the taxes and regulations that accompany climate policies carry a “deadweight loss” that trades productivity improvement for direct emission abatement. This creates a tradeoff typically not included in analysis and potentially explains why having many regulations...
China imposed targeted tariffs on American imports on Tuesday and put several U.S. companies, including Google, on notice for possible sanctions, in a measured response to the sweeping duties on Chinese imports imposed by President Donald Trump. Beijing’s limited reply to Trump’s imposition of a 10% tariff on all Chinese imports underscored the attempt by Chinese policymakers to...
At home, lower energy prices—particularly at the pump—are central to Trump’s strategy for reducing consumer inflation and stimulating economic growth. The President has set an ambitious goal of reducing retail gasoline prices to below $2 per gallon, a significant drop from the current national average, according to the U.S. Energy Information Administration (EIA).
US cleantech projects are being delayed and restructured since climate critic Donald Trump’s election in November. But advisors warn that examples of foreign-owned cleantech projects being halted in recent months do not foreshadow an end to the sector’s momentum under the new government. On January 22, two days after the president signed executive orders targeting cleantech...
It was a tumultuous year for the agtech sector, with a string of once-promising startups declaring bankruptcy or downsizing in the face of a tough economic environment. Investors gravitated toward more established startups amid market uncertainty, with biostimulant maker Sound Agriculture raising $25 million in venture funding and Carbon Robotics nabbing $70 million for its laser-powered, weed-killing robot. An...
The artificial intelligence boom has turbocharged demand for electricity, and everyone who is anyone in the U.S. energy industry wants a piece of the action. The latest entrant is Chevron, the country’s second-largest oil and gas company, which sees opportunity in building natural gas-fueled power plants that will feed energy directly to data centers. Chevron...
A new partnership between off-grid power systems provider DC Grid and energy services firm Liberty Energy seeks to provide data centers and EV hubs with modular, scalable off-grid power solutions in a matter of months, the companies announced Jan. 7. The partners expect to be able to deploy “small scale power output” within three months for fleet EV charging hubs...
Washington, D.C. is in a tizzy over President Donald J. Trump’s rescission of a slew of policies implemented under former President Joe Biden, and energy policies are receiving special attention in multiple executive orders (EOs). Trump withdrew from the Paris Agreement, ended the social cost of carbon, and ordered a halt to climate-related regulation and offshore renewable energy leases—all with the...
Indonesia plans to start offering carbon credit certificates to international buyers next week, the country’s carbon exchange said, to raise funds to help efforts to achieve its carbon neutrality target. Indonesia is an archipelago with the world’s third-largest rainforest area, but is also one of the world’s top 10 green house gas emitters. The first...
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