Empire Wind One energy would cost NYers 2.5x market rate: expert
New Yorkers are forced to pay a market rate of 2.5 times the electricity generated by the Imperial winds if a transaction is made. Independent financial analysis. The Trump administration last week suspended construction of the controversial project, saying it needed more reviews on 54 turbines in the Atlantic about 14 miles south of Long […]
Trump officials deny claims they are considering lifting Russian energy sanctions
Secretary of State Marco Rubio and envoy Steve Witkov have opposed reports of lifting sanctions on Russia’s energy assets and calling the anonymously raised articles “completely fictitious” and “fake crap.” The outlet has been released Internal Quotes Report White House officials on Thursday indicated that Witkov and Rubio were debating the possibility of lifting energy-related […]
Trump Admin Considers Trimming National Monuments To Boost Energy Development
According to the Washington Post, the Trump administration is considering reducing the size of several national monuments in the West and opening up more land for energy development. Officials from the Department of the Interior (DOI) are assessing whether to remove federal protections for at least six national parks, covering millions of acres. It has […]
UK seeks global green investors with windfarm cash and planning policies | Renewable energy
The UK is pleading for global green investors by encouraging companies to set up manufacturing plants and supply chains, including those who are scared to leave the US by Donald Trump’s actions. The government has won £300 million for Offshore Wind Farm, the region where the UK holds its lead, and invited banks and major […]
Democratic Energy Regulator Resigns at White House’s Urging
Willie Phillips, a Democrat serving on the Federal Energy Regulation Commission (FERC), has stepped down at the request of the White House. Phillips told Politico that the Trump administration requested his resignation. “I received communication from the White House indicating they wanted me to move on,” he stated to the news source. “I wasn’t surprised. […]
Trump Media to Invest $250 Million in 'Made in America' ETFs Tracking Crypto, Energy Securities – Decrypt
Simply put Trump Media & Technology Group invests up to $250 million in ETFs and invests separate managed accounts. Investment products track cryptocurrencies and energy securities. Trump Media is the parent company of President Trump’s true social platform. Donald Trump’s Truth, Trump Media & Technology Group, parent company of social media platforms, will invest up […]
Environmental lawyers prepare for Trump’s energy deregulation moves
Energy Secretary Chris Wright discusses whether the Trump administration is exploring more green energy and solar projects in “Varney & Co.” Halliburton on Tuesday warned of the impact of second-quarter revenues from tariffs and lower oilfield activity in North America as producers assessed drilling and completion on weaker oil prices and reduced shares in oilfield […]
European markets dip; Orsted shares fall after Trump order on U.S. energy project – CNBC
IMF reduces growth forecasts for us and the UK The International Monetary Fund downgraded growth forecasts for both the US and UK, citing the impact of Trump’s tariffs. The IMF forecasts US growth of 1.8% in 2025, down 0.9 percentage points from its January forecast. In the UK, annual growth rate is 1.1%, down 0.5 […]
The Path to Energy Supremacy Doesn’t Lead Through Coal!
The market has been phasing out coal over the last ten years in favor of more affordable energy sources. The downturn of coal remains consistent regardless of the administration in power. When President Trump assumed office in 2016, coal comprised 30% of total Generation in the US. By the conclusion of his first term, despite […]
Sec. Wright describes the environment’s and energy sector’s evolution via Earth Day
Exclusive: In honor of Earth Day, Energy Secretary Chris Wright Video released Talks about his own experiences growing up in a much dirty world in Denver, watching wildlife and greenery return to the mountains as he ages, and how the effects of smarter energy were at the forefront of its ongoing change: Wright was a […]