Ari Natter
@AriNatter
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Energy and environment @Bloomberg. Dad. Hot sauce connoisseur. Washington native. Rs≠Es. [email protected]
Washington, DC
Joined May 2012
Scoop: CarbonCapture Inc. has moved its 2,000-ton direct air capture project from the US to Canada, compelled by shifting political winds and a better policy environment in the north, CEO Adrian Corless told me: https://t.co/4a563kU8Tx
bloomberg.com
The startup building it moved the project north due to better incentives and what it views as a more stable regulatory environment.
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Shares of Edison International, which operates Southern California Edison, dropped more than 4%.
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The International Fellowship of Christians and Jews strengthens Israel and Her people.
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NEW: The Trump administration’s plans to cancel billions of dollars for energy projects following the US government shutdown includes an $600 million initiative to upgrade electric transmission lines in California.
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SCOOP: The Trump administration canceling billions of dollars earmarked for hydrogen projects in California and the Pacific Northwest as it seeks to pressure Democrats in shutdown fight.
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The Trump administration plans to allow work on “priority conventional energy projects” to continue during the government shutdown, halting permitting for some renewable energy projects.
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Energy @SecretaryWright, speaking @BloombergTV, said the US would take a 5% stake in the Vancouver-based company, as well as a 5% stake in the company’s mining project.
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SCOOP: The Trump administration has completed a deal to take an equity stake in Lithium America’s as part of a deal to renegotiate a $2.3 billion U.S. loan.
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NEW: Trump is announcing a sweeping effort to help US coal the includes hundreds of millions to help retrofit existing coal plants and build new projects, opening 13 million acres in leasing.
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The US government’s energy statistics agency has delayed a key uranium report and suspended an annual solar analysis as Trump administration staff cuts begin to take hold https://t.co/JGQ17NAuu6 by @AriNatter
bloomberg.com
The US government’s energy statistics agency has delayed a key uranium report and suspended an annual solar analysis, marking some of the first impacts on industry data as Trump administration staff...
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The WH says Biden's rules forcing closure of coal and other power plants are to blame. “President Trump’s administration is committed to advancing a strategy of energy addition, and supporting all forms of energy that are affordable, reliable and secure," @SecretaryWright said.
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Transmission costs are the fastest growing segment of power prices in many regions.
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Nearly all of the electricity on the US's largest power grid comes from natural gas, nuclear reactors and coal. That means Trump’s strategy of blaming renewable energy for surging electricity costs may have a hard time gaining traction.
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Nowhere is that more apparent then on the nation's largest power grid, which stretches from from Virginia to Illinois, where the cost of securing wholesale power supplies has been at a record for two straight years.
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Despite a campaign pledge by Trump to halve power prices within 12 months of taking office, residential electricity prices have climbed about 10% from January until May and are projected to rise another 5.8% next year.
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Surging utility bills in key battleground states are threatening to become a political liability for Republicans heading into upcoming elections.
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🚨NEWS: The Trump administration is working to halt development of an offshore wind project planned near Maryland, in the latest escalation of the White House’s war on wind power.
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My Friday newsletter:
The Trump administration launched an investigation into imported wind turbines and parts, teeing up what Bloomberg called a “potential precursor to adding more tariffs on the clean-energy components.” More below from @AlexCKaufman: https://t.co/7g1uvjcLom
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The Trump administration has launched an investigation into imported wind turbines and parts, a potential precursor to adding more tariffs on the clean-energy components.
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The Trump administration's strikes against renewable power have expanded from federal land to farmland. https://t.co/F7SexNlKP2 via @AriNatter
bloomberg.com
President Donald Trump said the US won’t approve solar and wind projects that hurt farmland, claiming they are inflating electricity prices.
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