"Government subsidies to American energy companies are generous enough to ensure that almost half of new investments in untapped domestic oil projects would be profitable, creating incentives to keep pumping fossil fuels despite climate concerns, according to a new study."
Energy & Fuel
"Energy Secretary Rick Perry is proposing to turn back the clock on the nation's organized electricity markets, directing federal energy regulators to consider cash subsidies for coal and nuclear power plants that are unable to compete and face being shut down."
"Builders of prefabricated zero-energy homes equipped for solar power have seen a spike in calls, particularly from the Florida Keys and Virgin Islands."
"As he did nearly a year ago to win the presidency, Donald Trump has done the seemingly impossible and brought together disparate coalitions of unlikely interests. This week, it happened again when Trump managed to unite an unlikely band of fossil-fuel and renewable-energy advocates."
"After more than a century peddling vehicles that pollute the atmosphere, General Motors is ending its relationship with gasoline and diesel. This morning, the American automotive giant announced that it is working toward an all-electric, zero-emissions future. That starts with two new, fully electric models next year—then at least 18 more by 2023."
"A fractured U.S. solar industry will present differing proposals on Tuesday to a government commission considering measures to prop up domestic solar panel makers, who say cheap imports have left them on the verge of collapse."
"For lunch on April 26, Scott Pruitt, the new administrator of the Environmental Protection Agency, dined with top executives from Southern Company, one of the nation’s largest coal-burning electric utilities, at Equinox, a white-tablecloth favorite of Washington power brokers."
"U.S. Secretary of Energy Rick Perry has asked federal regulators to attempt to keep the nation’s struggling coal and nuclear power plants open by rewarding them for contributing to the resilience of the electric grid, the Department of Energy said on Friday."
"The plan — tied into the Republican tax overhaul — assumes $1 billion in revenue, likely to come from oil leases in the pristine Alaska wilderness area."
"The technology, billed as a central pillar of the Steel City’s future, may be creating more economic anxiety than anything else."