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Energypolicy

All articles tagged with #energypolicy

politics1 year ago

Biden Balances Energy Policy with Arctic Drilling Restrictions

President Biden's energy policies, including restrictions on drilling in the Arctic National Wildlife Refuge (ANWR) and a study on LNG exports, could create legal and bureaucratic hurdles for former President Trump if he attempts to reverse them. The Biden administration's approach includes environmental safeguards and minimal leasing, which complicates Trump's plans to expand drilling and exports. Legal challenges and policy reviews could delay or impede Trump's energy agenda, despite potential support from Washington under his leadership.

via Axios|
#anwr#biden#energypolicy
business1 year ago

OPEC+ Faces Challenges Amid Stagnant Oil Prices and Market Uncertainty

Oil prices remained steady after a recent drop as OPEC+ plans to reintroduce barrels to the market starting April 2025, delaying the increase by three months. This decision comes amid expectations of an oversupplied market next year, with US crude production hitting record levels. The market is also influenced by factors like fluctuating Chinese demand and potential changes in US energy policy under a possible second Trump presidency.

via Yahoo Finance|
#business#crudeoil#energypolicy
politics1 year ago

Trump's Second Term: Potential Impacts and Democratic Resistance

President-elect Donald Trump has outlined an ambitious agenda for his first week in office, promising to take swift action on various policy fronts through executive orders. His plans include reversing immigration policies, boosting American energy production, altering global trade dynamics, and addressing political adversaries. Key promises involve ending automatic citizenship for children of undocumented immigrants, increasing domestic oil and gas production, and revoking Biden's gender-affirming care policies. While some goals are seen as improbable, many could be enacted through executive actions.

via POLITICO|
#energypolicy#executiveorders#healthcare
politics1 year ago

Trump Seeks Keystone XL Pipeline Revival

Donald Trump plans to revive the Keystone XL oil pipeline if re-elected, despite the project's cessation and lack of interest from companies to build it. The pipeline, initially approved by Trump in 2017 and later revoked by President Biden, faces significant challenges, including the need for new permits and land acquisition. The current oil market conditions and increased U.S. oil production make the economic case for the pipeline less compelling. Trump's interest in the project is seen as a political move to promote a pro-oil agenda and counter Biden's policies.

via POLITICO|
#climatechange#energypolicy#keystonexl
politics1 year ago

Trump's GOP Faces Climate Pressure at COP29

At the COP29 climate summit, Republican lawmakers, led by Rep. August Pfluger, advocated for increased U.S. fossil fuel production, emphasizing natural gas exports as a cleaner alternative to other countries' supplies. This stance contrasts with global efforts to reduce fossil fuel reliance. The GOP delegation highlighted a diverse energy strategy, including nuclear and carbon capture, while expressing concerns over China's dominance in clean energy manufacturing. The visit underscores potential shifts in U.S. climate policy under President-elect Trump, who plans to roll back Biden's climate initiatives.

via POLITICO|
#climatechange#cop29#energypolicy
politics1 year ago

Trump's Energy Policies Rattle Renewable Stocks Market

Donald Trump's promise to halt renewable energy projects on his first day if re-elected has caused renewable energy stocks to fall sharply. Major companies like Orsted, Vestas, and Nordex saw significant declines. Trump's stance could threaten the growth of the renewable sector by potentially reducing tax credits and dismantling environmental regulations. Despite his previous criticism of electric vehicles, Trump has softened his stance after Elon Musk's endorsement, though his energy policies remain a concern for investors and industry proponents.

via NDTV|
#donaldtrump#electricvehicles#energypolicy
politics2 years ago

"Chris Skidmore's Departure Fuels Conservative Turmoil Amid Climate and Political Strife"

UK Chancellor Jeremy Hunt has expressed profound disagreement with former Conservative minister Chris Skidmore's decision to resign over the government's energy plans, which include annual oil and gas licensing rounds. Skidmore, who had previously signed the UK's 2050 net zero commitment into law, believes the bill contradicts the UK's climate commitments. Hunt argues that domestic fossil fuel production is cleaner than imports and is necessary for energy security, especially in light of recent attacks on international shipping by Houthi rebels in the Red Sea. The government is also focused on addressing the challenges of high mortgage rates and providing financial support to families amidst economic difficulties.

via BBC.com|
##chrisskidmore#climatechange
environment-and-energy2 years ago

"Japan Grapples with Nuclear Concerns and Missing Persons in Wake of New Year's Earthquake"

A significant earthquake on Japan's western coast has raised concerns about the safety of restarting nuclear power plants in a country frequently hit by natural disasters. The quake caused damage and power outages, and occurred shortly after a ban on the operation of Tokyo Electric's Kashiwazaki-Kariwa plant was lifted. Despite the government's shift towards reviving nuclear energy due to energy crises, public skepticism remains high, especially after the recent tremor caused water to spill from nuclear fuel pools, although radiation levels remained normal. The incident has affected the stock market and could influence Japan's energy policy and public sentiment towards nuclear power.

via Yahoo Finance|
##energypolicy#environment-and-energy
world-news2 years ago

"Japan's Earthquake Aftermath: Nuclear Restart Dilemmas and Travel Advisory Updates"

A recent earthquake near Japan's western coast has raised concerns about the safety of restarting nuclear power plants in a country prone to natural disasters. The quake struck close to TEPCO's Kashiwazaki-Kariwa plant, which had just had an operational ban lifted, and caused water to spill from nuclear fuel pools, although radiation levels remained normal. The event has affected public sentiment and could influence government policy on nuclear energy, as Japan grapples with energy security and high prices. Despite initial market reactions, analysts do not foresee an immediate impact on LNG imports, but future disruptions could change this outlook.

via Reuters.com|
##energypolicy#japanearthquake