He declares a national energy emergency. President Donald Trump stated he would again remove the United States from the Paris Climate Accords. Former President Obama had declared the…
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DOE Invests $32 Million into Grid Planning Development Projects
Connected Communities program is intended to expand local energy load capacity. The Department of Energy (DOE) has announced a $32 million investment, distributing the funding to six pilot…
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Labor Department Releases December Inflation Data
The rate of inflation rose 0.4 percent last month bringing 2024’s annual total to 2.9 percent. The U.S. Labor Department announced inflation numbers for the month of December…
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President Biden Withdraws Ocean and Coastal Areas from Oil and Gas Leasing
His withdrawals “have no expiration date and prohibit all future oil and natural gas leasing in the areas withdrawn.” On Monday, President Joe Biden announced the removal of…
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Energy Department Announces Funding for Nuclear Fuel Recycling Research
Supports early-stage research into undeveloped technology The Department of Energy (DOE) announced $10 million in funding last week for early-stage research projects focused on nuclear fuel recycling solutions. …
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IRS Releases Guidances for Clean Energy Tax Credits
Expands program to include co-owned and co-invested projects. The Internal Revenue Service (IRS) recently finalized its expansion to clean energy tax credits, allowing co-owners and co-investors in clean…
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EPA Finalizes Fee for Companies Generating Excess Methane
The measure may be short-lived as the party majority shifts. The Environmental Protection Agency (EPA) issued its final rule this week imposing a fee for oil and gas…
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Energy Department Replenishes SPR with Final Oil Purchase
2.4 million barrels purchased for $75 per barrel delivered to facility. The Department of Energy (DOE) announced that it has fully replenished the U.S. Strategic Petroleum Reserve (SPR). President…
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Energy Department Invests $28 Million to Train New Energy Auditors
Secretary Granholm announces grant funding distributed to 15 state energy offices. The Department of Energy selected the first round of recipients for its Energy Auditor Training grant program,…
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Treasury Expands Sanctions on Iranian Petroleum Industry
Department responds to Iran’s second direct attack on Israel. The Department of the Treasury expanded its sanctions against Iran’s oil and petroleum industry on Friday, responding to the…
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