Energy
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Trump announces plan to stockpile critical minerals, similar to the nation’s oil reserves
The plan is being called Project Vault, and will utilize a mix of loans from the U.S. Export-Import bank and private capital.
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Power grid watchdog warns that over-reliance on wind and solar will make winter blackouts likely
The North American Reliability Corporation's latest long-term assessment warns that half the U.S. will face increased risks of blackouts during winter storms as demand for electricity increases while coal- and natural gas-fired power plants are retired.
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More than 70,000 in metro Nashville experiencing sixth day without power
Outages from ice storm are concerning to state officials in light of another blast of arctic air on its way.
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Nebraska attorney general, along with 23 other states, files lawsuit against EPA e-trucking rule
The lawsuit argues that the rule exceeds the EPA’s authority.
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Western state's governor makes his case for voters to preserve Climate Commitment Act
Though the CCA’s stated goal is to reduce carbon emission levels by 95% by 2050, Inslee said that “the basic fundamental purpose of this program, is to reduce pollution."
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Construction of controversial offshore wind project in Virginia delayed a week
While the lawsuit has had no impact on the construction timeline, Dominion Energy said the late arrival of the offshore installation vessel delayed construction until this week.
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Ford cuts orders for electric vehicle batteries amid losses: Report
Ford lost $132,000 on each EV it sold in the first quarter of 2024, and in 2023, the company lost $46,176 on each EV it sold.
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Exclusive: At current rates of consumption, the U.S. has at least two centuries of oil, report says
Predictions that the U.S. and the world would run out of fossil fuels go back decades, and these predictions have so far turned out to be wrong. A new report shows the U.S. has 227 of oil, 130 years of gas, and 485 years of coal.
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Biden to announce tariffs on China goods
The tariffs will impact electric vehicles, solar equipment and semiconductors.
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Survey of dealerships finds that majority are doubtful about the future of electric vehicles
“Those numbers are troubling on the surface but when you consider the brands our respondents represent, it might be even more distressing,” the report stated,
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For the second time in a month, a federal judge dismissed a youth climate lawsuit
The children are represented by Our Children’s Trust, an anti-fossil fuel nonprofit that organizes kids to sue state and federal agencies in an effort to get fossil fuels banned.
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Renewable proponents say batteries can stabilize the grid, but experts say costs are ‘astronomical’
The cost of replacing some of the capacity of a Maryland coal plant with battery storage would cost around $416 per kilowatt hour. By comparison, the average price of electricity in the U.S. is 16.10 cents per kilowatt hour.
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Florida regulators approve rate cut requests by two utilities
Under state law, utilities can charge customers for increased fuel charges, but when prices go down, they're also required to lower rates.