After weeks of buildup, the Environmental Protection Agency (EPA) unveiled its strictest-ever rules for power produced using natural gas, coal, and oil that could spur the use of carbon capture technologies. The standards released on May 11 would impact new and old power infrastructure, including new natural gas turbines and the country’s existing coal fleet….
Biden EPA Announces Toughest-Ever Rules for Power Plant Emissions
May 11, 2023
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Business & Marketscarbon capturecoaleconomic policieseconomyemissionsenergyEnvironmentEPAExecutive BranchPolicies & ImpactsPoliticsScienceSocial IssuesUSUS FeaturesUS News
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Microsoft Signs Power Purchase Deal With Nuclear Fusion Company Helion
Private U.S. nuclear fusion company Helion Energy will provide Microsoft with electricity in about five years, the companies said on Wednesday, in the first such deal for the power source that fuels the sun but has been elusive on Earth. Government labs and more than 30 companies are racing to generate power from fusion, which…
Over 3.4 Million Metric Tons of Natural Gas Remain Idled in Europe
May 10, 2023
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Business & MarketseconomyenergyEnvironmentEuropeliquefied natural gasoil supply in europeScienceWorld
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A record amount of LNG is currently being idled at sea near Europe as demand in the region has apparently cooled down while supplies remain ample. More than 3.4 million metric tons of LNG have stayed aboard ships on the water for more than 20 days as of earlier this week, according to data compiled…
Western Australia’s Budget Surplus to Fight Cost of Living Crisis
Flush with funds amid surging commodity prices, Western Australia is set to deliver another budget surplus, along with sweeping measures to fight the cost of living. The surplus in Thursday’s state budget is tipped to fall short of last year’s record $5.8 billion (US$ 3.93 billion) but would still lead the nation, with some analysts forecasting…
ANALYSIS: Rumors of Biden’s Centrism Are Greatly Exaggerated, Analysts Say
May 10, 2023
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2024 electionbidenborderDemocrat CandidatesDemocratsenergyEnvironmentFeatured TopicsimmigrationImmigration & Border SecurityPoliticsScienceUS
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News Analysis The latest media narrative about President Joe Biden is falling into place just in time for his 2024 reelection bid. Biden is tacking to the center, according to Politico, The New York Times, The Guardian, and other outlets. Journalists have cited his approval in March of Alaska’s Willow Oil Project, albeit on a…
Manchin Vows to Block Biden EPA Nominees Over Upcoming Power Plant Rules
May 10, 2023
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bidenBusiness & MarketscoalcongressDemocratseconomyenergyEPAmanchinPolicies & ImpactsPoliticsUSUS News
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As the Biden administration’s Environmental Protection Agency (EPA) prepares to issue stringent new power plant rules, Sen. Joe Manchin (D-W.Va.), is putting his foot down. “I fear that this Administration’s commitment to their extreme ideology overshadows their responsibility to ensure long-lasting energy and economic security and I will oppose all EPA nominees until they halt…
California Police Department to Replace Vehicle Fleet With Teslas
May 10, 2023
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Business & MarketsCaliforniaCompanieseconomic policieseconomyenergypolice vehiclesPolicies & ImpactsRegional & State NewsSouth PasadenaSouthern CaliforniaState NewsteslaUS
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The South Pasadena Police Department announced its transition to an all-electric vehicle fleet by acquiring Tesla vehicles. The southern Californian police department said it would lease 20 electric 10 Model Ys and 10 Model 3s, for patrols, detective work, and other duties, for 60 months, which will cost the city nearly $2 million in funds. The…
Economic Self-Sabotage Continues With Crazed Net-Zero Pursuit
Commentary The burgeoning cost of Australia’s pursuit of net-zero CO2 emissions by 2050 has just increased even further with the announcement of yet another bureaucracy. To be known as the “Net Zero Authority,” it will be lavished with taxpayer funds to pursue a hugely questionable policy and seek to mitigate its devastating impact. Officially, the…
Government Let Gas Companies Lead the Way on Changes to Petroleum Tax: Greens
May 8, 2023
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Greens Treasury spokesperson Senator Nick McKim and Senator Dorinda Cox have alleged that the federal government is letting the gas industry lead the way on its proposed changes to the Petroleum Resource Rent Tax (PRRT), accusing the government of simply appeasing the gas industry. PRRT is a profits-based tax that only taxes profits of petroleum…
IN-DEPTH: Why Biden Admin’s Latest Push for EVs, Wind, and Solar Is Likely Headed to the Supreme Court
May 8, 2023
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administrative stateBusiness & Marketseconomic policiesenergyEnvironmental Protection AgencyEVsfederal overreachinflationSupreme Court
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Two new Environmental Protection Agency (EPA) regulations that are currently being finalized will leverage the EPA’s authority to regulate emissions in order to force both America’s electricity network and America’s automotive industry to shift production to wind, solar, and electric vehicles (EVs). However, new EPA initiatives targeting America’s fossil fuel industry will face legal challenges…
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