The U.S. Energy Department on Dec. 13 announced a $2.5 billion conditional loan guarantee for Wisconsin Electric Power Company, a subsidiary of WEC Energy Group, to finance a portfolio of clean energy projects in Wisconsin. The portfolio would add more than 1,650 megawatts of utility-scale renewable power and energy storage. This diverse portfolio is expected…...
U.S. natural gas consumption increased by one percent during 2023 to a new record yearly high of 89.4 billion cubic feet per day (Bcf/d), according to an Dec. 13 report published by the U.S. Energy Information Administration. U.S. natural gas consumption has continued to rise during the January to September 2024 period. The increase in…...
The U.S. Energy Department has announced three transportation modal action plans to build a cleaner, more robust and globally competitive transportation network. The action plans pertain to energy and emissions innovation in the maritime, rail, and medium and heavy-duty vehicle sectors. These plans cover the vital elements of the freight sector and convenient and efficient…...
U.S. carbon markets are experiencing a resurgence as key states reinforce their commitment to cap-and-trade systems despite hurdles. Washington’s latest carbon auction saw prices rebound following voter support for its program, while a court ruling has…Read the full report …...
U.S. carbon markets are experiencing a resurgence as key states reinforce their commitment to cap-and-trade systems despite hurdles. Washington's latest carbon auction saw prices rebound following voter support for its program, while a court ruling has invalidated the controversial withdrawal of Virginia from the regional carbon market. Meanwhile, progress in California, Québec, and Washington toward potential program linkage signals a move toward greater market integration, setting the stage for more robust and scalable climate solutions nationwide.