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GE Vernova to Invest $96 Million

  Company Commits to Creating 75 New Jobs at Schenectady County Site Center Will Enable Technology Advancements Including Decarbonization, Alternative Fuels for Power Generation, the Grid of the Future and Critical Infrastructure Security Investment Supports Clean Energy Innovation To Lower Costs and Expand Access to Affordable, Sustainable Power Governor Kathy Hochul today announced that GE Vernova has committed to investing at least $96 million into the company’s Advanced Research Center in Niskayuna, Schenectady County. The company plans to create 75 new jobs on-site, strengthening the Center’s electrification and decarbonization efforts, while advancing transformative technologies including carbon dioxide removal, alternative fuels for power generation and developing the grid of the future. Today’s announcement will support technological advancements that reduce emissions and drive New York State toward a future where clean energy not only boosts the state's economy, but also r...

Whiplash

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  “I put a dollar in one of those change machines. Nothing changed.”  — George Carlin Ten days ago, in a piece titled “ The Bitter End ,”  we lamented how the person(s) controlling the Biden administration had the president sign an order effectively banning new offshore oil and gas drilling on vast swaths of territory with the stroke of a pen. (Based on a  jaw-dropping  interview with US House Speaker Mike Johnson published by  The Free Press  shortly after our article ran, it is fair to question whether President Biden even knew what he was signing.) The legal basis for the order rested on section 12(a) of the  Outer Continental Shelf Lands Act (OCSLA)   of 1953, twenty-four words of which were stretched beyond all plausible congressional intent. We closed our missive on an ideological note: “ While those on the left typically support executive action to achieve their objectives by dictate, we close by reminding them that Trump now has four ...

The Big Reversal

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  It took the re-election of a battered Republican candidate — and   a milestone rejection of the Democratic Party’s climate and energy policies by the American electorate   — to stop the years-long assault on rural America, our landscapes, and our wildlife by Big Wind and its many allies. But yesterday, in a landmark executive order, President Donald Trump ordered that all federal agencies must immediately assess   “ the environmental impact of onshore and offshore wind projects upon wildlife ,   including, but not limited to, birds and marine mammals.” For over a decade, Big Wind has dodged and weaved, and denied responsibility for its impact on everything from eagles to North Atlantic Right Whales. It has also repeatedly steamrolled rural communities and coastal communities in its pursuit of federal tax credits. No longer. There’s a new sheriff in Washington, and it’s clear that things are changing. As I predicted in November ,   Trump immediately went a...

Five Things to Know About Trump’s Energy Orders

  President Trump signed a salvo of executive actions this week aimed at unleashing America’s energy resources and fulfilling his campaign promise to make oil and gas a pillar of U.S. prosperity and global dominance. Trump  directed agencies  to support the development and transportation of fossil fuels, the build-out of electricity-transmission infrastructure, and the advancement of uranium production and geothermal energy. Whether the moves accomplish his goals remains to be seen, but corporate lawyers from Washington to Houston are trying to figure out what the changes mean for their clients. Here are five things to know about Trump’s energy agenda. Climate change out, national security in Some of Trump’s executive actions  reversed previous orders  by former President  Joe Biden , including measures the Democrat took to address climate change. On his first day in office, Biden issued an order directing agencies to confront what the then-president descri...

Trump’s ‘Energy Emergency’ and the IEA

  President Trump declared an “energy emergency” in one of his Inauguration Day executive orders. The fallout from that order will affect myriad global organizations, especially ones that promote or invest in the so-called energy transition. Atop that list is the International Energy Agency. As French President Emmanuel Macron recently said, the IEA is now “the armed wing for implementing the Paris Agreement” on climate change. Whatever one thinks about the motives for pursuing a “transition” away from petroleum in particular, especially as driven by the Paris Agreement—which the U.S. just exited, again, by executive order—any significant disruption in the availability of oil creates an emergency.  Oil remains the world’s largest single source of energy and fuels more than 95% of global transportation. The price of oil—and who supplies it—is profoundly consequential. If there’s one reliably bipartisan issue in U.S. politics, it’s that neither party wants an oil-price...

Trump Wants to Unleash Energy, as Long as It’s Not Wind or Solar

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  Jan. 21, 2025 President Trump is moving to restructure the nation’s energy future to block any transition away from fossil fuels. And he is testing the boundaries of presidential power to do it. The orders that Mr. Trump signed on Monday would make it easier and cheaper for companies to produce oil and gas and for the government to stop clean energy projects that have been approved. While some actions lie within his purview, others may violate federal law or run counter to judicial decisions. Among other things, Mr. Trump  raised the possibility of reversing  the Environmental Protection Agency’s authority to regulate greenhouse gases, which has been  confirmed by the Supreme Court , and proposed to halt funding for electric vehicle charging stations that Congress has already authorized. “Congress passed landmark infrastructure and climate investments, and now President Trump is attempting to illegally withhold that money from American businesses, communities, and ...

Renewables Leader NextEra Expanding Gas, Nuclear for AI Boom

  January 24, 2025   NextEra Energy Inc.,  one of the world’s biggest suppliers of wind and solar power, is moving to expand its natural gas and nuclear generation in a bid to meet the surging demand  for electricity sparked by artificial intelligence. The company has partnered with gas turbine manufacturer GE Vernova Inc. to build power generation for data centers and factories, Chief Executive Officer John Ketchum said on an earnings call Friday. NextEra has  also taken the first step to restarting its shuttered Duane Arnold nuclear plant in Iowa. US power consumption is rising, driven by data centers and AI, along with manufacturing and the increasing electrification of the economy. That’s spurred demand for new gas plants and  reawakened interest in nuclear energy . The electricity boom has sparked new ideas and deals that would once have been unthinkable. “We’re already having a lot of success with renewables,  but let’s capita...