Energy
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Detroit solar farm plans delayed
“Solar panels will disrupt and destroy entire neighborhoods,” Councilwoman Angela Whitfield-Calloway said.
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Texans praise court ruling halting Biden LNG export ban, remain cautious
A senior advisor to the president, John Podesta, recently acknowledged the critical role of U.S. LNG exports earlier this year.
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Washington energy choice initiative supporters turn in 431,000 voter signatures
A crowd of a few dozen supporters cheered as more than 18 boxes of signed petitions were loaded onto rolling carts and wheeled inside for verification.
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House Republicans blast ideological ‘woke investing’ for threatening Americans’ retirement savings
According to Jason Isaac, director of Life:Powered, not a single of the largest individual ESG-labeled funds performed better than the S&P 500 or the NASDAQ. Returns on the top 20-largest ESG-labeled funds, he said, were negative 0.2% during the past year, while the S&P 500 was up 19% and the NASDAQ was up 25%. Yet, Democrats continue to push for ESG's prominence in the mix of investment strategy.
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Energy Department buying oil in effort to refill the nation’s crude stockpiles
Should the DOE continue to purchase 3 million barrels per month, it will take eight years to return the reserves back to where they were in January 2021.
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Automakers hitting brakes on electric vehicles for all
Rising interest rates, inflation and higher labor costs forced automakers to cut programs and analyze future plans.
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North Dakota receiving interest in hydrogen hub
The Biden administration chose the Heartland Hydrogen Hub to receive up to $925 million in funding for the project.
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In Wyoming, officials ready for battle against feds over land management
If finalized, it will designate 1.8 million acres of Wyoming as “areas of critical environmental concern,” which would severely restrict most mining, oil and gas development, and grazing.
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Trucking industry warns of ‘fatal flaws’ in Washington’s electric vehicle plans
The state’s goal of shifting to EVs faces numerous logistical and practical obstacles, one of which is infrastructure. According to the council, the state will need 3 million charging ports by 2035, which would require building 250,000 annually starting this year.
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State gets $4M for rural renewable energy projects
The goal is to make energy gains while improving the environment with the Rural Energy for America Program.
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More than half of U.S. offshore wind contracts are canceled or at risk of being canceled
The canceled contracts could likely be renegotiated
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New Jersey Republicans call for audit of wind power deal
Last week, Ørsted announced that it is walking away from two large offshore wind power projects off the coast of New Jersey.
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New Jersey says will fight 'tooth and nail' for $300M wind farm developer owes in canceling project
Danish wind developer put up $300 million as an assurance that the project, now canceled, would be built by December 2025.