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Energy Policy

All articles tagged with #energy policy

Coal gets a boost, wind pays the price: Trump admin reroutes billions to fossil fuels
politics23 hours ago

Coal gets a boost, wind pays the price: Trump admin reroutes billions to fossil fuels

The Trump administration has diverted roughly $2.7 billion to pay developers to relinquish offshore wind leases and redirect funds toward coal, with the DOE also advancing hundreds of millions to extend coal plants and boost coal infrastructure; critics argue the moves raise electricity bills for consumers and benefit fossil-fuel donors, while White House officials say funds are being repurposed to provide affordable, reliable energy and that renewables are not being unjustly subsidized; independent analyses, however, often show renewables can be cheaper than coal.

New report flags Trump energy policy as a $68B hit to private investment and 470k jobs
business1 day ago

New report flags Trump energy policy as a $68B hit to private investment and 470k jobs

A new E2/BW Research analysis finds Trump-era clean-energy rollbacks have cost the US about 470,000 jobs and $68.2 billion in private investment, with 216 large projects canceled or downsized since January 2025. The losses would have generated over $90 billion in construction GDP and $55 billion in annual GDP once online, plus $48.4 billion in ongoing spending and $53 billion in construction wages and $31 billion in ongoing wages. Tax revenue losses could reach nearly $20 billion during construction and around $12 billion annually thereafter. The biggest hits are in battery storage, solar, and EV manufacturing, signaling a broad economic cost from shifting policy away from clean energy.

Europe on the Edge: Risk of Becoming a Second-Class Power
world1 day ago

Europe on the Edge: Risk of Becoming a Second-Class Power

Victor Davis Hanson argues that Europe’s anger at Trump reflects a deeper reckoning: Europe’s open borders, heavy reliance on green energy, and underinvestment in defense have undermined its competitiveness and security, while the U.S. bears a large portion of NATO costs. If Europe pursues that path, it risks becoming a second-class continent; the remedy is an equal partnership with the United States and reforms that restore dynamism instead of embracing redistributionist policies and energy mandates that have harmed growth.

politics7 days ago

DOJ urges states to probe oil firms over gas-price spikes

The Justice Department asked state attorneys general to use all available state tools to investigate and prosecute any misconduct that may be contributing to high gasoline prices, signaling potential federal action if wrongdoing is found. The push follows earlier price spikes tied to Middle East tensions and oil-market volatility, with prices easing recently; no specific companies were named in the request.

Trump moves to roll back appliance rules, pledging gas-stove freedom
politics8 days ago

Trump moves to roll back appliance rules, pledging gas-stove freedom

The Trump administration unveiled a sweeping rewrite of federal appliance efficiency standards, arguing that decades of mandates under prior administrations raised costs and reduced performance. The plan would change how energy-efficiency rules are written, create a permanent safeguard against future appliance regulation, and emphasize consumer choice—explicitly aiming to block future crackdowns on gas stoves, lighting and HVAC systems. The proposal is open for 30 days of public comment as part of the rulemaking process.

Mamdani's 78-degree plea sparks GOP backlash over energy policy
politics8 days ago

Mamdani's 78-degree plea sparks GOP backlash over energy policy

New York City Mayor Zohran Mamdani urged residents to set thermostats to 78 degrees, turn off unused lights/electronics, and unplug nonessential devices to prevent overloading the power grid during extreme heat, with city buildings also following the guidance. The post triggered a wave of Republican criticism labeling it socialist, with comments from Vivek Ramaswamy, Nikki Haley, Ted Cruz, and Dave Portnoy; a note acknowledged Texas had previously issued a similar 78-degree recommendation.

Billion-dollar wind-to-gas swaps spark accusations of illegality and higher bills
politics10 days ago

Billion-dollar wind-to-gas swaps spark accusations of illegality and higher bills

The Interior Department is accused of orchestrating nearly $3 billion in taxpayer funds to fossil-fuel projects by canceling offshore wind leases with TotalEnergies, Invenergy, and Duke Energy in favor of gas, arguing the actions are illegal and would raise Americans' energy costs; lawsuits are expected as courts review the moves.

politics15 days ago

Lawmakers clash over data center energy costs and a nationwide moratorium

A House panel advanced data center legislation but deep divisions over a nationwide moratorium on new data centers threaten momentum; Pallone and Castor push for stronger federal action while Guthrie warns it could slow AI progress, and Senate leaders are divided about moving forward. The Ratepayer Protection Act passed by voice vote, but broader energy and grid bills face an uphill battle as lawmakers weigh who should cover new generation and transmission costs.

politics16 days ago

Pallone urges nationwide moratorium on data centers as ratepayer costs loom

House Energy and Commerce’s top Democrat, Frank Pallone, called for a nationwide moratorium on AI data center expansion, arguing ratepayers shouldn’t shoulder rising costs and backing the Ratepayer Protection Act; the move aligns with progressive and environmental advocates seeking stronger oversight, with support from Google and Microsoft and pushback from others highlighting broader energy factors.

US to back 10 AP1000 nuclear reactors with $17.5B loan package
energy17 days ago

US to back 10 AP1000 nuclear reactors with $17.5B loan package

The Energy Department will provide about $17.5 billion in loans to five special-purpose vehicles to finance the construction of 10 large AP1000 reactors (two per project, each ~1.1 GW). The loans aim to lower costs and speed completion by up to three years, with significant equity contributions from Westinghouse and partners; long-term power purchase agreements from major tech firms are expected to support the projects, though site selections have not been announced yet.