President-elect Donald Trump’s Cabinet nominees signal a sharp turn toward fossil fuel expansion and climate deregulation. Key figures, including fracking executive Chris Wright f
Monitor Claims New ERCOT Rules Raised Costs by $8 Billion
An analysis by the independent market monitor revealed that the Electric Reliability Council of Texas (ERCOT)'s recent effort to ensure grid reliability may have artificially created a scarcity of power supply, resulting in an estimated $8 billion increase in wholesale power costs over just three months. ERCOT introduced the ERCOT Contingency Reserve Service (ECRS) in June to tap into power reserves that could quickly come online to stabilize the grid during peak demand and solar power fluctuations. However, this move appears to have led to excess costs, as ECRS power supply sat idle while real-time prices soared. The report highlights how the decision to double the amount of online reserves required by ERCOT has contributed to shortage pricing and challenges in managing grid congestion. While these costs may not immediately affect customers, they could eventually lead to higher electricity prices as fixed contracts expire.
A $200 billion surge in liquefied natural gas (LNG) projects could release greenhouse gas emissions equivalent to the annual emissions of all global coal plants, raising significa
During his final overseas trip as president, Joe Biden highlighted the Lobito Corridor, an 800-mile U.S.-funded railway project in Angola connecting critical mineral-rich regions
Startups like Still Bright, Ceibo, and Jetti Resources are developing cleaner copper extraction technologies to meet surging demand driven by the energy transition. Innovations in
Long-duration energy storage (LDES) technologies, such as pumped hydropower and underground compressed air storage, are emerging as solutions to store renewable energy for extende
The Midwest Hydrogen Hub, spanning Illinois, Iowa, Indiana, and Michigan, has received $22.2 million as part of a $1 billion federal investment to expand clean hydrogen production
A new study reveals that air pollution from wildfires causes 1.5 million deaths annually, with over 90% of fatalities occurring in low- and middle-income countries, particularly i
A report from the National Association of Real Estate Brokers (NAREB) reveals systemic racial bias in home appraisals has cost Black Americans $150 billion in home equity. Homes i
Community Church Atlanta transformed its Vicars Community Center into the city's first community-owned resilience hub, funded by the Inflation Reduction Act (IRA). Equipped with
Michigan's Public Service Commission faces a lawsuit from about 80 townships and counties challenging its implementation of a new law, Public Act 233, which expedites permitting f
The fifth and potentially final round of U.N. plastic treaty negotiations (INC-5) in Busan, South Korea, centers on whether to impose global caps on plastic production. Advocates,
Highways in the Twin Cities have perpetuated environmental and social inequities, disproportionately affecting urban communities. Black residents were displaced during their const
Ahead of President-elect Trump’s inauguration, the Biden administration is fast-tracking clean energy investments. The Department of Energy announced nearly $12 billion in loans,
COP29 approved controversial rules for international carbon markets under Article 6 of the Paris Agreement, enabling countries to trade emissions reductions. Critics argue the gui
COP29 concluded in Baku with a contentious climate finance agreement that left many nations dissatisfied. The deal commits wealthy countries to lead efforts to triple climate aid