Biden expands wind and solar tax credit to nuclear, hydropower, geothermal energy
The Biden administration on Tuesday finalized guidance that would expand tax credits that previously applied only to wind and solar power to a variety of other energy technologies. Under new guidance issued on Tuesday, producers of electricity from sources such as nuclear, geothermal, hydro and ocean wave energy will also be able to claim credits. […]
Massive Lithium Discovery Could Transform U.S. Energy Landscape – OilPrice.com
A large new lithium discovery on the Oregan-Nevada border could further accelerate the country's white gold rush. Newly discovered reserves beneath the ancient McDermitt Caldera are estimated to have impressive reserves. 40 million tons of lithium. The size of this deposit is extraordinary and “dwarfs any other reserves in the world.” Just last year, lithium […]
EXCLUSIVE: GOP Lawmakers Press Lame Duck Biden Energy Sec For Answers On Massive Offshore Drilling Crackdown
Republicans on the House Energy and Commerce Committee want outgoing Energy Secretary Jennifer Granholm to detail the agency's level of involvement in the White House's newly announced crackdown on offshore oil and gas drilling. I'm looking for it. The new Energy and Commerce Committee chairs, Republican Rep. Bob Latta (Ohio) and Rep. Brett Guthrie (Kentucky), […]
Biden water heater ban to drive up energy prices for seniors, poor
The Biden administration is banning some natural gas water heaters from the market as part of its efforts to combat climate change, a move critics say will drive up energy costs for low-income and elderly households. . The move, which comes in the final stages of his administration, calls for the removal of non-condensing natural […]
American Energy Firms Are Counting Down The Days Until Trump’s Return
A new survey shows U.S. energy companies are looking forward to his return, driven by President-elect Donald Trump's promise to “drill, baby, drill” in his next administration. Mr. Trump has repeatedly vowed to free up U.S. oil and has made achieving “energy dominance” a key aspect of the incoming administration's agenda. Reply to anonymous investigation […]
Biden administration adds exemptions into new climate rules for hydrogen energy
The Biden administration on Friday finalized fairly stringent climate change rules for the nascent hydrogen energy industry. But the rules include new flexibilities and are expected to be less stringent than the administration's original proposal. A final rule issued by the Treasury Department on Friday will determine which facilities qualify for favorable tax credits for […]
Donald Trump responds to Doug Ford's threat to cut off energy amid looming tariffs
Donald Trump brushed off Ontario’s threat to cut off its energy on Thursday. Jeremie Charron has the latest on the tariffs tiff. source
Doing Border, Energy, Taxes in One Bill Would Get Buy-In, Help Get SALT Relief
On Tuesday's broadcast of Fox News Channel's “Your World,” U.S. Rep. Nicole Malliotakis (R-N.Y.) said everyone would want a piece of this bill: the border bill, the tax bill, the energy bill. He argued that it would be best to combine the two into one settlement bill. He said implementing the plan as one bill […]
Ukraine Ends Russian Gas to Europe, Energy Prices Spike
Despite nearly three years of war, Russian energy continues to pass unhindered through Ukrainian territory every day to date, and on New Year's Day the water taps were firmly closed. Today, for the first time in decades, Russian gas is being supplied to European customers through Ukrainian pipelines at zero cost, with confirmation that there […]
Kristin Cavallari wants to ‘live in the energy’; Paul McCartney eyes new album: 2025 New Year’s resolutions
The new year is a time to reflect on the past and set goals for the future. Hollywood's biggest stars spoke about their hopes for 2025 and how they will grow and improve in the coming year. Among them is musician Paul McCartney, who told fans in a Q&A on his website that he “hopes […]