Energy & Fuel

"The Trump administration on Thursday announced a wide-ranging review of more than $15 billion in federal awards approved under President Joe Biden."

"The Trump administration is set to reverse a sweeping conservation rule for public lands managed by the Bureau of Land Management (BLM), the latest in a series of actions to reverse Biden-era environmental protections. Announced without much public fanfare in early April, the sudden reversal of the rule, which sought to put conservation on an equal playing field with industrial activities, is a blow to conservation efforts, said environmental groups."

"The Trump administration has declared litigation to hold oil companies responsible for climate change a threat to the American economy and has taken aggressive steps to fight it." "Over the past decade, some three dozen states and local governments have sued the biggest oil companies in the world, arguing that the industry hid what it knew about the dangers of global warming."

"The House Energy and Commerce Committee wants to use the budget process to repeal program authorizations. That may not fly in the Senate."

"President Donald Trump promised to unleash an energy renaissance that would lock in U.S. dominance over oil and gas. But that is not how things are working out for America’s drillers, fracking firms and equipment suppliers, including the company founded by Trump’s own energy secretary."

"Key Senate Republicans are resisting the House’s plan to gut clean energy tax credits, vowing to soften the blow for emerging technologies. The pushback comes just a day after House Republicans released a plan to help pay for an extension of President Donald Trump’s tax cuts by cutting more than $500 billion in energy tax credits from former President Joe Biden’s signature climate law."

"The Interior Department said it would fast-track the permitting process for a uranium mine in Utah as part of President Trump’s plan to shorten environmental reviews and speed the construction of certain types of energy projects." "An environmental review of the project, known as Velvet-Wood, would normally take roughly a year. The government says it will complete the process in two weeks."

"Rep. Bruce Westerman (R-Ark.) bought stock in a dozen mining, oil and gas giants two months before ramming an industry-friendly budget bill through his committee."

"The Energy Department has announced proposals to cut dozens of energy efficiency and other rules in what it is describing as the ”‘largest deregulatory effort in history.” The department plans to ax a long list of efficiency regulations, including those pertaining to stoves, ovens, showerheads, clothes washers, dishwashers and microwaves."

"House Republicans are calling for billions of dollars in funding cuts for Biden-era climate and environmental programs, including clean energy tax credits, as lawmakers seek to reverse what one GOP leader called “the most reckless parts of the engorged climate spending” approved under former President Joe Biden."